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The world's top translation companies by revenue (2022)

Michael Bosson

LanguageWire
LinkedIn

The language services and technology industry includes over 18,000 players worldwide, ranging from small translation agencies to global content behemoths. This diverse group of language service providers (LSPs) and translation technology vendors adds up to an industry with an estimated value of over USD 56 billion.

This brief post offers one method of analysing the complex language industry by listing the world’s largest language service providers (LSPs) by revenue.

What is the language industry?

Before we rank the top companies in the language industry by revenue, we need to note that this kind of analysis isn’t a precise science. The language industry is constantly changing, and you should view any ranking as a brief snapshot.

For starters, what is the language industry?

The European Union’s Language Industry Platform (LIND) defines the language industry as covering “professionals working in translation, interpreting, subtitling and dubbing, localisation, language technology tools development, international conference organisation, language teaching, and linguistic consultancy.”

But this definition still leaves a lot of room for interpretation. As language services and technologies evolve, the boundaries between industries become blurred. For example, tools like Google Translate and Grammarly are perhaps the most frequented translation and proofreading applications—respectively—in the world. However, neither company is an active player in the industry.

So, how do we make sense of it all?

One group that works to provide us with insights is Slator, a leading purveyor of news, analysis, and research for the language industry. Similar to the Fortune 500 approach, Slator ranks the world’s largest language service providers by revenue.

The world’s top translation companies according to Slator

Slator is a highly respected source of business insights into the translation & technology companies that make up the large, complex, and ever-changing language service industry.

In Slator’s 2022 Language Service Provider Index, LanguageWire ranks 22nd out of 300 of the world’s top providers. We achieved this position in part thanks to a constant focus on innovation and our dedication to customer success. Recent advances in AI & machine learning, together with our dedicated teams of experts, have made it possible to carve out additional growth in a crowded and highly competitive industry.

However, it’s crucial to note that bigger is not always better. Sometimes smaller specialists serve niche multilingual content needs best, while not all LSPs can boast the same level of data security and quality standards.

Now, without further ado, here are the top translation companies, according to Slator:

Rank Company 2021 Revenue in Millions
1 TransPerfect $1,110
2 RWS $940
3 LanguageLine Solutions $750
4 Keyword Studios $583
5 LionBridge $546
6 Lyuno-SDI Group $450
7 Welocalize Inc. $299
8 Acolad Group $296
9 Hogarth Worldwide Pending
10 STAR Group $210
11 AMN Language Services $181
12 CyraCom $175
13 Pactera EDGE $145
14 PTSGI $131
15 Dubbing Brothers $108
16 VSI $101
17 Honyaku Center $90
18 United Language Group $88
19 thebigword Pending
20 Ubiqus $80
21 BIG Language Solutions $75
22 LanguageWire $72
23 ZOO Digital $65
24 SeproTec Multilingual Solutions $61
25 Sunyu Transphere $57
26 Certified Languages International $55
27 KERN AG, Sprachendienste $55
28 Translated $51
29 MotionPoint $50
30 Visual Data Media Services LLC
$50
31 Vistatec Pending
32 Akorbi $48
33 Språkservice Sverige AB $46
34 Hiventy Pending
35 Ai-Media $44
36 Global Talk $44
37 Argos Multilingual $44
38 EC Innovations, Inc. $43
39 CSOFT International $38
40 Alpha CRC $36
41 MetaReal $36
42 CRESTEC Inc. $34
43 Propio Language Services $33
44 Apostroph Group $33
45 PGLS $32
46 Straker Translations $32
47 TRSB Inc. $32
48 MasterWord Services Inc. $30
49 ONCALL Language Services Pending
50 GLOBO Pending

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