Independent market research company CSA Research has ranked Delingua as the 24th largest language service company in Northern Europe. This is the third consecutive year that Delingua has been listed among the 30 largest language service providers in Northern Europe.
This is a tremendous achievement, as the study also includes the United Kingdom and Ireland, which are major countries in the language service sector. The sector is highly fragmented and not many translation agencies grow larger than a micro-enterprise. The ranking reflects Delingua’s long-term work and our ability to continuously develop our service, which is also supported by the customer feedback we receive.
The rankings on the list are based on turnover in 2020. Despite the coronavirus pandemic, the sector is doing relatively well, with the language service and language technology markets expected to continue to grow at an annual rate of around 6–7 percent.
The language industry is here to stay and will only continue to grow. “People worldwide prefer consuming information in their own language. Meeting this expectation fuels an indispensable multi-billion-dollar industry of language service and technology providers that keeps growing to support global digital transformation, help companies and governments improve customer experience, and respond to continuing globalization,” comments Dr. Donald A. DePalma, CSA Research’s Chief Research Officer.
CSA Research’s global market study ranks 186 of the world’s largest language providers in order of size. The list of the world’s 100 largest language service providers is available here.