Latest Trends in the Translation and Localization Industry in 2022
Up until 2020, the translation market expanded rapidly. In the year 2020, the industry’s market value exceeded $47.5 billion. The year 2021 saw an increase of $51.6 billion overall. Considering the prior data, 2022 will surpass $54.8 billion and reach $57.7 billion. The ‘new normal’ established following the pandemic is to blame for the sector’s quick growth. Additionally, it is a result of technological advancement. For the translation industry, the years 2020 and 2021 were out of the ordinary. The Covid-19 epidemic had a substantial impact on all the various industries, causing slow changes (both positive and negative). Now that 2022 has arrived, it’s time to assess how the translation industry trends will change in the United Arab Emirates- which is touted to be one of the fastest nations in the Translation Domain. Growing trend of Machine Translation One of the most important areas of the translation industry is machine translation. The best thing about machine translat...