Buoyant growth drives Language Connect industry position
Language Connect has continued its sixth consecutive rise in the Common Sense Advisory (CSA) annual appraisal of the global language services market. The company continues to be ranked in the Top 20 in northern Europe and is 71st in the Top 100 globally. This reflects the company’s strong growth profile which earlier this April saw it awarded the prestigious Queen’s Award in International Trade.
Ben Taylor, Managing Director, comments:
We are very pleased to see Language Connect rise up the CSA Global Top 100 list for the sixth successive year since our inaugural ranking in 2013. Our out-performance in this industry league table is further proof of the quality of our team and their commitment to make translation easier and smarter for our clients.
The annual report by the CSA, available here, anticipates that the value of the global market for outsourced language services and technology, with more than 20,000 providers worldwide, will reach US$46.52 billion in 2018, up from US$40.27 billion in 2016. It also predicts that the current growth rate of the market is 7.99% showing positive growth driven by factors such as increasing demands for personalisation and digital content for global users.