Tetras Translation Recognized Among Largest Language Service Providers in the World and Western Europe
Independent market research firm CSA Research recognizes Tetras as a leader in the multi-billion global translation, interpreting, and localization industry
Munich, Germany – People worldwide naturally prefer consuming information in their own language. Meeting this expectation − and sometimes the legal requirements to do so – fuels an indispensable multi-billion global industry that provides translation, interpreting, and localization. Based on validated and verified data from a representative sample of 462 LSPs, independent market research firm CSA Research has named Tetras as one of the providers leading the delivery of language services globally, ranking it as the 97th largest LSP in the world and 21st in Western Europe.
Tetras Translations is an international company with 20 years of experience in the area of technical translation. Company takes over all professional technical interpretation requests, all translations, localization, DTP services and services in the area of technical documentation.
“Most people don’t recognize the value of interpreting or translation until they can’t understand something—and the absence of spoken or written content in their languages happens far too often,” comments Dr. Donald A. DePalma, CSA Research’s Chief Research Officer. “Language service providers and technology developers deliver essential translation and interpreting services.”
The rankings are based on confirmed revenue from 2019—CSA Research found that the market that year for language services and supporting technologies reached US$49.60 billion.
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Tweet this: Global market for language services and technology will surpass US$49.60 billion in 2020 according to @CSA_Research http://ow.ly/7geE50ufbOF. @TetrasTranslate ranks as 97th largest LSP in the world.