Understanding the language translation industry
The language services industry is a crucial part of global business, enabling seamless communication across languages and cultures. It encompasses translation, localisation, interpretation, transcreation, and language technology solutions, supporting industries such as healthcare, legal, finance, e-commerce, and media. The industry has seen rapid growth due to advancements in AI-powered machine translation, automation, and cloud-based linguistic solutions.
According to CSA Research, the global language services market is projected to reach $98 billion by 2028, driven by increasing digitalization and the demand for multilingual content across industries.
Understanding the language translation industry
LanguageWire is a leading provider of AI-powered translation and localization solutions, helping businesses break down language barriers efficiently and securely. Founded in 2000, LanguageWire offers:
AI-powered translation: Cutting-edge machine translation combined with human expertise for precise and reliable multilingual communication.
Localisation and transcreation: Adapting content to cultural nuances and target audiences.
Industry-specific solutions: Tailored services for finance, legal, healthcare, technology, and e-commerce sectors.
Secure and scalable technology: A cloud-based, ISO-certified platform ensuring data protection and seamless integration with existing business workflows.
The top 25 translation companies in 2025
The list comprises Slator's 2025 LSPI (Language Service Provider Index) companies in order of 2024 revenues.
| Rank | Company | 2024 Revenue (USDm) | LSPI Segment |
|---|---|---|---|
| 1 | TransPerfect | 1230.0 | Super Agency |
| 2 | LanguageLine Solutions | 1100.0 | Leader |
| 3 | RWS | 899.2 | Super Agency |
| 4 | Welocalize | 334.0 | Super Agency |
| 5 | Propio Language Services | 330.9 | Super Agency |
| 6 | Hogarth Worldwide – a WPP company | 318.0 | Leader |
| 7 | AMN Language Services | 297.0 | Leader |
| 8 | Centific | 280.0 | Super Agency |
| 9 | Acolad | 252.6 | Super Agency |
| 10 | STAR Group | 218.3 | Super Agency |
| 11 | CyraCom | 201.9 | Super Agency |
| 12 | Equiti | 170.0 | Leader |
| 13 | dubbing brothers | 119.0 | Leader |
| 14 | Trustpoint.One | 115.0 | Leader |
| 15 | VSI | 113.9 | Leader |
| 16 | Global Talk Group | 93.3 | Leader |
| 17 | GLOBO Language Solutions | 89.5 | Leader |
| 18 | Honyaku Center | 76.9 | Leader |
| 19 | Dals | 73.9 | Leader |
| 20 | ElaN Languages | 73.5 | Leader |
| 21 | LanguageWire | 69.1 | Leader |
| 22 | Certified Languages International | 67.1 | Leader |
| 23 | Argos Multilingual | 64.6 | Leader |
| 24 | Sunyu Transphere | 61.1 | Leader |
| 25 | PGLS | 54.4 | Leader |
Check out this report for more information: The Slator 2025 Language Service Provider Index
The future of language services
The translation industry is being transformed by AI-driven solutions, neural machine translation, and automated localization tools. Companies that integrate cutting-edge AI with human expertise will continue to lead the market, ensuring high-quality, scalable, and cost-effective language services. By selecting the right translation partner, businesses can enhance global reach, customer engagement, and multilingual content quality for international success. Get in touch with us and discover how LanguageWire can help you streamline your multilingual content workflows, boost efficiency, and accelerate your global growth.
