According to Reports, 65% of non-native English speakers with high proficiency still prefer content in their native language.
Relevant Language Services Sector Data.
LSP market size is expected to grow from $ 61 billion in 2021 to $ 85 billion by 2026. This growth is largely driven by the fact that businesses need to communicate in multiple languages in order to cater to the global market, particularly in emerging markets.
Growth Rate by Geography ( 2021-2026).
The global language service sector is growing rapidly. However, there are significant language growth rates in the USA and Europe. Language growth rates in Asia Pacific, Latin America and Africa are much slower.