Entering the Interpreter Services Market
It is time to expand your horizons. Most language services companies start in the translation services market. Many miss the opportunity to deliver aligned services. Instead of offering these services and growing their business they stay with only translation services.
'Large clients are moving away from niche players to companies who can provide more of the overall requirements for language services.'
Adam Hodgson CEO Interpreter IO.
Looking for an alternative to BoostLingo?
We are often told by clients who switch to Interpreter IO, that they were unaware that there were alternatives to Boostlingo. Interpreter IO is the leading alternative to Boostlingo with comprehensive features offered through our cloud-based SAAS platfrom.
Australia conducted its last census in 2016. Results show the top 10 languages in Australia as follows.
At Interpreter IO, we are continuing to see rapid growth. The growth in the market size of interpreter services is a key driver.
When calculating the market size, most of the industry expert organizations look to the size of the overall language services market and the extrapolate to the interpreter services market. The market for language services according to various sources in 2018 was estimated at around US$50 Billion. Interpreting services is estimated to account for approximately 15% of that market. The drivers for this huge market and the associated growth are driven by internationalization.
We find that there are a number of authoratative sources for the market size of interpreting. Nimdzi insights is a great source.
Technology allows clients to be connected to skilled interpreters and enhancing their customer experience.