MULTILINGUAL INTERPRETATION MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Multilingual Interpretation Market, By Service Type (Over the Phone Interpretation, Video Remote Interpretation, On-site Interpretation, and Others (Transcription and Translation)), By End use industry (Healthcare, Legal, Education, Government, and Others), By Language Type (Spanish, Mandarin, Arabic, French, German, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Global Multilingual Interpretation Market Regional Insights

North America is expected to be the second-largest market for multilingual interpretation during the forecast period, accounting for over 28% of the market share in 2022. The growth of the market in North America is attributed to high immigration rates, the presence of major providers, and strict regulations regarding language services in healthcare and legal settings.
Europe is expected to be the largest market for multilingual interpretation during the forecast period, accounting for over 35% of the market share in 2022. The growth of the market in Europe is attributed to the rising number of immigrants, refugees, and multilingual population.
Asia Pacific is expected to be the fastest-growing market for multilingual interpretation, growing with a CAGR of over 21% during the forecast period. The growth of the market in Asia Pacific is attributed to the growing patient population, medical tourism, and increasing international business and trade.

Geographies covered:

North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East & Africa: GCC Countries, South Africa Rest of Middle East