語言翻譯設備：市場佔有率分析、產業趨勢與統計、2024年至2029年成長預測

目前語言翻譯設備市場的市場規模為10.1億美元。

預計未來五年將達19.4億美元，預測期內複合年成長率為11.52%。

主要亮點

• 隨著國際出發航班的增加，越來越多的旅客選擇不同語言的目的地，語言翻譯設備市場正在蓬勃發展。此外，語言翻譯設備市場正在經歷重大的技術變革，推動了全球語言翻譯設備的銷售。同樣，線上資訊收集的日益普及也可能推動對語言翻譯軟體和服務的需求。此外，醫療旅遊的成長是目標市場開拓的主要驅動力之一。
• 根據《十時報》報道，2022年5月至2023年4月，活動平台上發布了超過33,000場活動，其中美國安排的會議、商務會議和展覽最多。排名第二的是英國，舉辦了 6400 場各領域的活動。根據全球最大的專業網路 LinkedIn 最近的一項研究，未來 45% 的 B2B 活動預計將完全虛擬化。一項針對 200 個英國B2B 活動組織者的調查發現，72% 的企業希望繼續長期舉辦虛擬活動，77% 的企業有興趣舉辦混合活動。如此大量的活動可能會推動所研究市場的需求。
• 根據旅遊和旅遊辦公室的數據，2023 年 6 月美國遊客人數為 49,96,037 人。此外，根據Trading Economics的數據，2023年5月斯洛維尼亞的遊客人數較去年同期成長10.6%，達到51萬人，上個月成長16.6%。遊客人數的大幅增加可能會鼓勵酒店業採用現代語言翻譯設備，以更好地為客戶服務。
• 混合語言翻譯硬體可以在離線和線上模式下執行翻譯任務。此類設備無需網路連接即可運行，並透過基於伺服器的操作增強其功能。此外，在離線模式下，混合設備可以執行小規模翻譯，而線上或基於伺服器的連接可以執行複雜的語音翻譯。
• 例如，Linmo International 推出了一款由 IBM Watson 支援的耳機語言翻譯器，可以在不使用網路的情況下翻譯飛機等偏遠地區的對話。它使用 Watson 的自然語言編程，售價 179 美元，適用於從旅行者到軍事人員的廣泛用戶。
• 另一方面，語言翻譯設備依靠機器學習和人工智慧（AI）演算法來提供翻譯，並在實現完美準確性和高品質翻譯方面取得了長足進步。然而，準確翻譯複雜的句子、習慣用語或特定於上下文的短語對於機器翻譯系統來說可能很困難，導致潛在的錯誤和不準確，從而影響翻譯的準確性和品質。實現這一目標仍然很困難。
• COVID-19 對全球語言翻譯設備市場產生了各種影響。一些區隔市場遇到了課題，而另一些區隔市場則由於全球健康危機帶來的特殊情況而出現了需求增加。例如，由於旅行限制、社交距離和安全問題限制了面對面的互動，疫情擾亂了現場口譯服務。由於會議和活動被取消或轉移到線上，對現場口譯服務的需求減少。然而，電話口譯 (OPI) 和視訊遠距口譯 (VRI) 等遠距口譯服務已成為可行的替代方案。

語言翻譯設備的市場趨勢

醫療旅遊的成長推動了語言翻譯需求

• 預計醫療旅遊業在未來幾年將顯著成長。隨著越來越多的人在國外尋求醫療服務，醫療保健技術的進步、負擔能力的提高以及對技術治療的需求不斷增加正在推動市場的擴張。
• 該國醫療保健服務成本的增加直接影響市場的成長。此外，該行業受到對保險未涵蓋的技術需求不斷成長的推動，例如變性手術、生殖醫學、牙科重組和整容手術。這些醫療旅遊成長要素可能會推動所研究市場的需求。
• 根據醫療旅遊協會公佈的46個城市的世界醫療旅遊排名，加拿大以76.47分排名第一。該指數是基於對目的地環境、醫療旅遊業以及設施和服務品質的評估。加拿大是醫療旅遊的目的地之一。這將使醫療保健部門能夠部署語言翻譯設備來了解不同地區患者的需求。
• 新興國家的醫療機構尋求監管機構的國際核准，這有助於他們進入全球健康保險和買家網路。已開發國家的保險公司正在將健康旅遊政策涵蓋其醫療計劃中，以促進國外醫療服務的使用。
• 此外，隨著醫療費用的迅速增加以及大量用戶和用戶，有醫療需求的旅行者發現很難透過在開發中國家獲得負擔得起的醫療服務和治療來幫助自己。這些政策鼓勵更多的患者到不同地區尋求更好的治療，為已開發的市場創造了需求。
• 此外，這是由於整個歐盟 (EU) 對醫療程序的嚴格要求和法規。此外，醫療專業人員正在接受培訓和教育，以滿足來自不同文化的患者的需求，從而促使對翻譯設備的需求增加。這將確保患者能夠在整個歐洲獲得同樣高標準的護理，診所提供專業和創新的治療。
• 根據韓國健康產業振興院介紹，根據世界衛生組織（WHO）的定義，醫療遊客是指跨越國界接受某種類型的醫療服務的人，包括牙科治療、整容手術、不孕不育治療等。常見的。 2022年，美國人在前往韓國的醫療旅客中所佔比例最大，約18%，緊隨其後的是中國當地遊客。如此大規模的醫療旅遊很可能會推動市場。

預計歐洲將佔據很大的市場佔有率

• 歐洲包括英國、義大利、德國、法國、西班牙和荷蘭等國家，這些國家在醫療、零售和旅遊領域擁有大量業務。歐盟 (EU) 由 27 個成員國組成，擁有 24 種官方語言。此外，根據 WorldAtlas，歐洲是訪問量最大的大陸。
• 此外，根據 WorldAtlas，歐洲是訪問量最大的大陸。根據聯合國世界旅遊組織 (UNWTO) 的數據，2022 年歐洲接待國際觀光5.945 億人次，超過其他地區。由於旅遊業規模龐大，該地區對語言翻譯設備的需求預計將增加。
• 歐盟（EU）擁有充滿活力的政治和社會生態系統。英國脫歐預計將對語言障礙產生重大影響，英語可能不再是歐盟的官方語言之一。芬蘭歐盟理事會輪值主席國使用 Tilde 開發的客製化機器翻譯。 Tilde 已使用該解決方案超過 60 萬次，翻譯了超過 1200 萬字，創下了翻譯人員使用記錄。 Tilde 的人工智慧 (AI) 翻譯人員已為（歐盟）理事會主席國執行了超過 140 萬次翻譯。
• 這些翻譯器被編程為將一種特定語言翻譯成另一種特定語言。這些獨立設備主要用於交通、旅遊、用餐和購物應用，並針對旅遊相關翻譯進行了最佳化。此外，這些翻譯器僅限於單字和短語，只能翻譯成少數語言。另一個限制是您只能在一個方向上使用平移。此外，Logbar 正在研究為產品添加多語言功能。

此外，根據 E-Commerce Nation 的數據，亞馬遜是法國最受歡迎的電子商務網站，每月訪問量超過 1.64 億人次。每月訪問量排名第二和第三的是 Leboncoin 和 Cdiscount，分別為 1.42 億和 4800 萬。根據電子商務和通訊聯合會的數據，法國線上零售商的年銷售額超過 1,000 萬歐元（1,180 萬美元），約佔疫情期間電子商務總銷售額的 74.5%。隨著電子商務平台的採用增加，對語言翻譯服務的需求也增加。

• 翻譯服務在促進不同語言用戶之間的交流方面發揮著重要作用。 這些服務包括口語和手語交流，這意味著將口語或手語資訊翻譯成另一種語言，同時保留國際標準化組織 （ISO） 定義的源語言內容的含義。 隨著與客戶的聯繫越來越緊密，無論他們的語言偏好如何，都能滿足他們需求的翻譯服務範圍也在不斷擴大。 歷史數據顯示，許多公司都在選擇翻譯服務，為國內外客戶提供舒適感。 這可能會推動該地區研究的市場。
• 翻譯設備通常需要整合的雲端處理平台和巨量資料分析才能從任何地方存取資料。其結果是更大的儲存容量和更高的效率。隨著越來越多的公司提供線上服務，對網站和網路內容翻譯的需求正在多樣化。世界各地的企業都尋求翻譯服務來服務其客戶並滿足他們的需求。雖然個人也使用此類服務，但所佔比例很小。

語言翻譯設備產業概況

全球語言翻譯設備市場由 Lionbridge Technologies, Inc. 主導。這些公司持續投資於策略合作夥伴關係和服務開拓，以確保佔據重要的市場佔有率。市場最近的顯著發展包括：

2023年5月，Peiko Generation推出了一款創新產品「2無線翻譯耳塞」。這些耳機可以錄製並同時翻譯多達 50 種語言。支援的語言有中文、法語、西班牙語、羅馬尼亞語、德語、葡萄牙語和日語。使用者可以使用耳機進行一對一翻譯或群組對話。當您說話時，這些單字會自動翻譯，顯示在您的智慧型手機上，並以您選擇的語言大聲朗讀。

2023 年 2 月，Google翻譯透過整合人工智慧功能向前邁出了一大步。這包括上下文翻譯的介紹，它可以根據使用者的意圖和周圍上下文實現更準確的上下文翻譯。此外，Android 版本的應用程式經過重新設計，提高了語音輸入、對話翻譯和鏡頭相機翻譯的可訪問性。此外，透過引入新手勢，應用程式內的導航也得到了簡化。此外，Google翻譯現在利用先進的機器學習進行圖像翻譯，使其能夠翻譯複雜的圖像並無縫整合翻譯的文本，以提供更自然、更有凝聚力的外觀。

其他福利

• Excel 格式的市場預測 (ME) 表
• 3 個月分析師支持

目錄

第1章簡介

• 研究假設和市場定義
• 調查範圍

第2章調查方法

第3章執行摘要

第4章市場洞察

• 市場概況
• 產業吸引力－波特五力分析
  • 買方議價能力
  • 供應商的議價能力
  • 新進入者的威脅
  • 替代品的威脅
  • 競爭公司之間的敵對關係
• 產業價值鏈分析
• COVID-19 市場影響評估

第5章市場動態

• 市場促進因素
  • 國際旅行和旅遊業的增加
  • 不斷成長的醫療旅遊推動了語言翻譯需求
• 市場抑制因素
  • 可存取開放原始碼翻譯軟體

第6章市場區隔

• 依產品類型
  • 手持式
  • 穿戴式的
• 依地區
  • 北美洲
  • 歐洲
  • 亞太地區
  • 拉丁美洲
  • 中東/非洲

第7章 競爭環境

• 公司簡介
  • 獅橋科技
  • 大詞組
  • 語言線解決方案
  • Google公司
  • IBM Corporation
  • 世界語言學家解決方案
  • 來源下一個（袖珍談話）
  • 賈維森（科大訊飛）
  • 獵豹移動
  • 瓦斯科電子有限責任公司

第8章投資分析

第9章 市場機會及未來趨勢

The language translation market is valued at USD 1.01 billion in the current year. It is expected to register a CAGR of 11.52% during the forecast period to reach a value of USD 1.94 billion by the next five years.

Key Highlights

• The growing international departures drill well for the language translating devices market as an increasing number of travelers are choosing destinations away from home with a different language. Moreover, the language translating devices market is experiencing tremendous technological transformations, revving sales of language instruments worldwide. Similarly, the increasing popularity of online information pursuits may boost demand for language translation software and services. Further, the increasing medical tourism is one of the main driving factors for the development of the target market.
• According to 10 Times, With over 33 thousand events published on an event platform from May 2022 to April 2023, the United States has the most conferences, business meetings, and trade exhibitions scheduled. The United Kingdom was the second-place finisher, which hosted 6.4 thousand events across all sectors. According to a recent study from LinkedIn, the largest professional network in the world, 45% of future B2B events will be entirely virtual. In the study of 200 B2B event organizers in the UK, 72% of companies want to continue hosting virtual events over the long term, and 77% are interested in hosting hybrid events. Such a huge number of events would drive the demand for the studied market.
• According to the Office of Travel and Tourism, Tourist Arrivals in the United States were 49,96,037 in June 2023. Further, as per Trading Economics, Tourist arrivals in Slovenia rose 10.6 percent year-on-year to 510,096 in May 2023, following a 16.6% growth in the prior month. Such a huge rise in the number of tourists would push the hospitality sector to adopt the latest Language translation devices to provide better services to its customers.
• Hybrid language translation hardware can perform translation operations in both offline and online modes. Such devices can work without network connections and enhance their capabilities through server-based operations. Moreover, in offline mode, hybrid devices can perform a small translation scale, whereas, in online or server-based connectivity, they can perform complex translations of speeches.
• For example, Lingmo International launched an IBM Watson-powered earpiece language translator to translate conversation without using the internet in a remote location like an airplane. It uses Watson Natural language programming, is priced at USD 179, and is useful for users ranging from travelers to the military.
• On the contrary, language translation devices rely on machine learning and artificial intelligence (AI) algorithms to deliver translations, with significant progress made towards reaching perfect accuracy and quality translations; yet reaching this goal remains difficult due to translating complex sentences, idioms, or context-specific phrases accurately proving difficult for machine translation systems, leading to potential errors and inaccuracies that compromise accuracy and quality in translations.
• COVID-19 had a mixed impact on the language translation devices market globally. While some market segments experienced challenges, others saw increased demand due to the unique circumstances created by the global health crisis. For example, the pandemic caused trouble in on-site interpretation services, as travel restrictions, social distancing measures, and safety concerns limited in-person interactions. Conferences, meetings, and events were canceled or moved online, leading to decreased demand for on-site interpretation services. However, remote interpretation services, such as over-the-phone interpreting (OPI) and video remote interpreting (VRI), gained prominence as viable alternatives.

Language Translation Device Market Trends

Increasing Medical Tourism Driving Need for Language Translation

• The medical tourism industry is predicted to grow significantly in the coming years. With the advances in healthcare technology, increasing affordability, and increasing demand for technical treatments, more individuals are seeking medical services abroad, pushing the expansion of this market.
• The increased cost of health services in home nations directly affects market growth. In addition, the industry is being driven by increasing demand for techniques that are not insured, such as gender reassignment surgeries, reproductive therapy, dental reconstruction, and aesthetic surgery. Such growing factors of medical tourism would drive the demand for the studied market.
• According to the Medical Tourism Association's global medical tourism ranking based on 46 destinations, Canada came first with an index score of 76.47. The index is based on ratings of the destination environment, the medical tourism industry, and the quality of facilities and services. One of the medical tourism destinations is Canada. This would enable the healthcare sector to deploy language translation devices to understand the needs of patients from various regions.
• Healthcare facilities in developing countries seek international recognition from regulatory authorities, which can help them access global healthcare insurance and purchaser networks. Insurance companies in developed nations are incorporating health tourism policies in their medical plans to promote availing care services in foreign lands.
• Furthermore, a rapid increase in healthcare expenses coupled with many uninsured or underinsured individuals is encouraging tourists requiring medical treatment to help themselves with affordable healthcare services and treatments in developing nations. Such policies would push more medical patients to enter various regions for better treatment, creating a demand for the studied market.
• Moreover, this can be attributed to stringent European Union (EU)-wide requirements and regulations on medical procedures. Furthermore, medical specialists are being trained and educated to accommodate the needs of patients from various cultures, thereby fostering the demand for translating devices. This ensures that patients receive equally high-standard medical care throughout Europe in clinics providing specialized and innovative treatments.
• According to the Korea Health Industry Development Institute, a medical tourist is defined by the World Health Organization (WHO) as a person who travels across international borders to receive some form of medical treatment, most commonly dental care, cosmetic surgery, and fertility treatments. Americans made up the largest share of medical tourists to South Korea in 2022, at around 18 percent of inbound tourists, closely followed by mainland Chinese tourists. Such massive medical tourism would drive the market.

Europe is Expected to Hold Significant Share of the Market

• Europe is home to countries like the United Kingdom, Italy, Germany, France, Spain, and the Netherlands, which boast significant prominence in the healthcare, retail, and tourism sectors. The European Union consists of 27 member countries with 24 official languages. Moreover, according to WorldAtlas, Europe is the most visited continent.
• The region has the world's largest tourism intake, thus deriving significant revenue from the tourism industry. According to the United Nations World Tourism Organization (UNWTO), in 2022, the number of international tourist arrivals in Europe was 594.5 million, the highest compared to any other region. The sheer size of the tourism industry is expected to augment the region's demand for language translation devices.
• The European Union (EU) has active political and social ecosystems. With Brexit, the language barriers are expected to influence significantly, and English may not be one of the official languages in the EU. Finland Presidency of the Council of the European Union uses customized machine translation developed by Tilde. It set a record for using the translator by using the solution more than 600 thousand times and translating over 12 million words. Tilde's artificial intelligence (AI)-powered translators made over 1.4 million translations for the (EU) council presidencies.
• These translator devices are programmed to translate one specific language to another. The applications where these standalone devices are mostly used are transportation, sightseeing, Dining, and Shopping, and are more optimized for travel-related translation. Moreover, these translators are limited to words and phrases and are limited to a smaller number of language translations. Another limitation is that it uses only one-way translation. Moreover, the log bar is researching adding more multilinguistic features to its product illi.

Furthermore, according to E-commerce Nation, Amazon was France's most popular e-commerce website, with over 164 million monthly visits. The French merchants Leboncoin and Cdiscount were second and third in monthly visits, with 142 million and 48 million visitors, respectively. According to the Federation of E-commerce and Distance Selling, online retailers in France generating over EUR 10 million (USD 11.8 million) annually constituted approximately 74.5% of the total e-commerce revenue during the pandemic. The increasing adoption of e-commerce platforms has led to a heightened need for language translation services.

• Owning to the fact that translation services play a key role in facilitating communication between users of different languages. These services encompass both spoken and signed communication and follow the International Standards Organization (ISO) definition that states the rendering of a spoken or signed message into another language by preserving the meaning of the source language content. The growing customer outreach has enhanced the scope of translation services to fulfill the customers' needs, barring language preferences. Historical data signifies that various companies are opting for translation services to provide comfort to their national and international clients. This would drive the studied market in the region.
• Translation devices usually require an integrated cloud computing platform and big data analytics to ensure data access from anywhere. This also results in increased storage capacity and more efficiency. With more and more companies offering their services online, the need for websites and web content translation has grown manifold. Businesses worldwide are seeking translation services intending to serve their customers and keep up with their demands. While individuals also use this type of service, the share of such usage is minimal.

Language Translation Device Industry Overview

The Global Language Translation Device market exhibits a moderate level of consolidation, featuring the presence of several key players such as Lionbridge Technologies, Inc., Bigword Group Ltd., LanguageLine Solutions, Google Inc., and IBM Corporation. These companies consistently invest in strategic partnerships and service development initiatives to secure a significant market share. Notable recent developments in the market include:

In May 2023, The Peiko Generation unveiled its innovative product, the "2 Wireless Translator Earbuds." These earbuds possess the remarkable capability to record and simultaneously translate up to 50 languages. Among the supported languages are Chinese, French, Spanish, Romanian, German, Portuguese, and Japanese. Users can employ these earbuds for one-on-one translations or engage in group conversations. When users speak, the words are automatically translated, displayed on their smartphone, and spoken aloud in the selected language.

In February 2023, Google Translate made significant advancements by incorporating AI-powered features. This includes the introduction of contextual translations, ensuring more accurate and contextually relevant translations based on the user's intent and the surrounding context. Additionally, the Android version of the application underwent a redesign, offering enhanced accessibility to voice input, conversation translation, and Lens camera translation. The introduction of new gestures also simplifies navigation within the app. Furthermore, Google Translate now leverages advanced machine learning for image translation, allowing it to translate intricate images and seamlessly integrate translated text into them, providing a more natural and cohesive appearance.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS

• 4.1 Market Overview
• 4.2 Industry Attractiveness - Porter's Five Forces Analysis
  • 4.2.1 Bargaining Power of Buyers
  • 4.2.2 Bargaining Power of Suppliers
  • 4.2.3 Threat of New Entrants
  • 4.2.4 Threat of Substitutes
  • 4.2.5 Intensity of Competitive Rivalry
• 4.3 Industry Value Chain Analysis
• 4.4 Assessment of the Impact of COVID-19 on the Market

5 MARKET DYNAMICS

• 5.1 Market Drivers
  • 5.1.1 Increasing International Travel & Tourism
  • 5.1.2 Increasing Medical Tourism Driving Need for Language Translation
• 5.2 Market Restrains
  • 5.2.1 Accessibility of Open-Source Translation Software

6 MARKET SEGMENTATION

• 6.1 By Product Type
  • 6.1.1 Handheld
  • 6.1.2 Wearable
• 6.2 By Geography
  • 6.2.1 North America
  • 6.2.2 Europe
  • 6.2.3 Asia Pacific
  • 6.2.4 Latin America
  • 6.2.5 Middle East and Africa

7 COMPETETIVE LANDSCAPE

• 7.1 Company Profiles
  • 7.1.1 Lionbridge Technologies, Inc.
  • 7.1.2 Bigword Group Ltd.
  • 7.1.3 LanguageLine Solutions
  • 7.1.4 Google Inc.
  • 7.1.5 IBM Corporation
  • 7.1.6 Global Linguist Solutions
  • 7.1.7 Sourcenext Inc. (Pocketalk)
  • 7.1.8 Jarvisen (iFLYTEK)
  • 7.1.9 Cheetah Mobile, Inc.
  • 7.1.10 Vasco Electronics LLC

8 INVESTMENT ANALYSIS

9 MARKET OPPORTUNITIES AND FUTURE TRENDS