Bridging the Language Gap: How Translation Management Systems Drive Global Success
Webersnits14 Aug, 2024News
The Translation Management Systems (TMS) market is currently witnessing robust growth, with estimates indicating a substantial increase in market size. Projections suggest a notable expansion in market value, from USD 2.2 billion in 2024 to USD 5.7 billion by 2030, reflecting a substantial CAGR of 17.2% over the forecast period. This growth surge is propelled by globalization, increased digital content, and expanding cross-border business operations. As businesses endeavor to establish a ubiquitous global footprint, there is a soaring demand for efficient translation solutions to surmount language barriers.
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