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The world's top translation companies by revenue (2021)

Drew Davis

Author: Drew Davis
Content Marketer, 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 2021 Language Service Provider Index, LanguageWire ranks 24th out of 197 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 2020 Revenue in Millions
1 TransPerfect $852.3
2 Lionbridge $739
3 LanguageLine Solutions $618
4 RWS $534.8
5 Keywords Studios $456.1
6 Acolad Group $305.7
7 Hogarth Worldwide $280
8 Welocalize Inc. $256.6
9 STAR Group Pending
10 SDI Media $191.2
11 Iyuno Media Group $185
12 CyraCom $172.2
13 Stratus Video $139
14 PTSGI $118.2
15 thebigword Pending
16 VSI $102.3
17 Dubbing Brothers Pending
18 Honyaku Center $89.6
19 Pactera EDGE $89.4
20 Semantix $82.7
21 United Language Group $82.6
22 Ubiqus $82.1
23 Morningside Pending
24 LanguageWire $71.1
25 SeproTec Multilingual Solutions $61.4
26 KERN Global Language Services $59.6
27 Akorbi $50.8
28 MotionPoint $50
29 Certified Languages International $49.6
30 Språkservice
$48
31 HIVENTY MEDIADUB INTERNATIONAL $47.7
32 Sunyu Transphere $45.8
33 Big Languages Solutions $41
34 ZOO Digital $39.5
35 Rozetta Corporation $39
36 Vistatec Pending
37 Global Talk $35.7
38 Apostroph Grou $35.1
39 Visual Data Media Services Pending
40 CRESTEC Inc. $34.1
41 CSOFT International $33.2
42 Transvoice AB $33.1
43 EC Innovations, Inc. $31
44 Plint AB $30.1
45 ONCALL Language Services $28.7
46 Language Link $27.5
47 Versacom $26.2
48 Janus Worldwide $25.5
49 Sichuan Lan-bridge Communications Co., Ltd. $24.8
50 TRSB Inc. $24.5

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