Categorized | translation industry

Exponential growth in demand for translation of web page content

Globalization has increased the need for translating website content into local languages particularly in the growing market of BRIC (Brazil, Russia, India and China) countries as well as Africa and the Arab world. According to some market watchers, the no. of large companies translating their web pages into Russian and Chinese has more than doubled from 30% to 70% in the last 5 years. On an average, multinational companies have their websites translated into a whopping 22 languages. Due to increasing demand some translation agencies are specializing in translating web pages and software.

Translation companies like TranzPress of Hungary earn about 70% of their revenue from localization of online content according to András Szalay-Berzeviczy its head. Another leading Hungarian company espell, expects 10% growth in its online content translation business. For more information on this topic please visit http://www.bbj.hu/business/multilanguage-multimedia_58450

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