For clients, For translators

Top 6 Language Industry Trends to Watch Out For in 2024

A little spoiler: everything will be fine and thrilling.

As we venture into 2024, the language industry is on the cusp of transformative changes. Stay ahead of the curve with these top 6 trends reshaping our industry.

Advanced Machine Translation and Neural Language Models

Machine translation (MT) and neural language models are witnessing unprecedented advancements. 2024 will see more accurate, fluent automated translations, empowering translators to shift from routine tasks to inspiring creative projects. This leap in technology not only enhances efficiency but also opens new horizons for linguistic creativity.

The Rise of Diverse Emerging Markets

The year 2024 heralds a surge in localisation demand across vibrant emerging markets. Countries like Indonesia, Vietnam, Thailand, and others in South America, Africa, the Middle East, Eastern Europe, and Central Asia are experiencing robust economic growth. This boom creates a burgeoning need for tailored translation and localisation services, especially in IT, healthcare, and manufacturing. So, it will lead to…

Market Growth

The global translation services market is projected to reach USD 46.22 billion by 2028, growing at a CAGR of 2.07% from 2021 to 2028. The increasing demand for accurate translations in multiple languages essentially drives this growth.

2024 Localisation Trends: Booming Demand in Emerging Markets
Emerging localisation demand markets include Indonesia, Vietnam, Thailand, and other vital regions.

The Era of Multimodal Content Translation

In an increasingly digital world, companies are seeking comprehensive translation services. Beyond traditional text, there’s a growing demand for translating and localising video, audio, and multimedia content. This includes subtitling, dubbing, and voiceovers, requiring a nuanced understanding of cultural context and multimedia platforms.

Expanding Translation Services in the Digital Age: Video, Audio, and Multimedia
Digital translation services for multimedia content, highlighting subtitling, dubbing, and voiceover capabilities.

Environmental Sustainability: A New Frontier in Translation

Sustainability is no longer a buzzword but a critical consideration. Clients are increasingly interested in how translation companies are reducing their carbon footprint. Embracing eco-friendly practices, such as digital workflows and electronic document management, can significantly enhance your competitive edge.

Human Touch in AI: Quality Assurance and Post-Editing

As AI and MT technologies advance, humanisation, quality assurance, and post-editing services are more critical than ever. Ensuring that machine-generated content aligns with high-quality standards and retains a human touch will be a crucial trend in maintaining the integrity and relatability of translated content.

Advancing AI & MT: The Critical Role of Humanisation and Quality Assurance in Translation
AI and MT technology with a focus on humanisation, quality assurance, and post-editing in translation services.

These trends represent just the tip of the iceberg in the dynamic world of language services in 2024. As professionals in this field, staying informed and adaptable to these changes is crucial. We’re not just keeping up with trends; we’re actively shaping the future of communication in a multilingual world. Let’s embrace these exciting developments and continue to create content that resonates globally. 

Remember, the future of language services is not just promising; it’s exhilarating! You can also check our new article about 12 Key Trends Shaping 2024.

Sources

  • www.euromonitor.com/article/emerging-asia-to-lead-global-economic-and-consumption-growth
  • www.tomedes.com/translator-hub/translation-industry-trends
  • www.acclime.com
  • www.bain.com
  • www.cmegroup.com/openmarkets/finance/2022/The-Rise-of-Emerging-Markets-in-Asia.html