Translation & Interpretation Services Industry · Market Research Report

Translation & Interpretation Services · Market Size and Industry Forecast

Pell Research's translation and interpretation services report analyzes current industry size and predicts future trends. It provides overall industry revenue from 2014 through the present, and predicts industry growth and decline through 2024. Total revenue includes both public and private companies.

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Market Size (Total Revenue)

Included

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government data.

Industry Revenue ($ Billions)

Translation & Interpretation Services Industry Revenue
  • 2014
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020


Historical market size and five-year projections show growth trends in industry sales and revenue. This economic model is based on short- and long-term trends. The industry size is determined by total revenue generated within the industry from all products and services sold. Growth and decline in the industry shows total opportunity for companies. The translation & interpretation services research report reveals both the historical trends and five-year forecast, calculated by Pell Research's econometric models. Market share, measured in billions of dollars, includes both public and private companies. Use this information to identify industry trends and predict future growth patterns.

Translation & Interpretation Services · Geographic Breakdown by State

Market size by state is used to evaluate local opportunity and measure the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Use data by state to pinpoint profitable and nonprofitable locations for translation & interpretation services companies in the U.S.

Translation & Interpretation Services Revenue by State

Market Share by State

Translation & Interpretation Services · Distribution by Company Size

Company Size All Industries Translation & Interpretation Services
Small Business (< 5 employees)

Included

Small Business (5-20)
Midsized Business (20-100)
Large Business (100-500)
Enterprise (> 500)

Translation & Interpretation Services · Income Statement (Average Financial Metrics)

Pell Research analyzes financial statements to determine the industry average forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry Average Percent of Sales
Total Revenue

Included

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Translation & Interpretation Services · Financial Ratio Analysis

Financial ratios allow you to compare how a business is performing against its peers.

Financial RatioIndustry Average
Profitability Ratios

Included

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Translation & Interpretation Services · Product Mix

Product Description Description Revenue
($ Millions)
Industry total

Included

Translation & interpretation services
Translation services
Interpretation services
All other operating receipts
Resale of merchandise
Resale of other merchandise
Marketing research services
Marketing research services, conducted by telephone

Translation & Interpretation Services · Compensation and Salary Surveys

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 4%

Included

Chief Executives 0%
General and Operations Managers 2%
Business and Financial Operations Occupations 8%
Business Operations Specialists 6%
Arts, Design, Entertainment, Sports, and Media Occupations 8%
Healthcare Practitioners and Technical Occupations 23%
Health Diagnosing and Treating Practitioners 9%
Veterinarians 9%
Veterinarians 9%
Health Technologists and Technicians 14%
Health Practitioner Support Technologists and Technicians 14%
Veterinary Technologists and Technicians 14%
Healthcare Support Occupations 11%
Other Healthcare Support Occupations 11%
Miscellaneous Healthcare Support Occupations 11%
Veterinary Assistants and Laboratory Animal Caretakers 11%
Office and Administrative Support Occupations 26%
Information and Record Clerks 15%
Receptionists and Information Clerks 8%
Receptionists and Information Clerks 8%

Translation & Interpretation Services · Government Contracts

In 2008, the federal government spent a total of $491,673,857 on the translation & interpretation services industry. It has awarded 13,914 contracts to 374 companies, with an average value of $1,314,636 per company.

Translation & Interpretation Services and Adjacent Industries · Top Companies

Company Address Revenue
($ Millions)

Included





Translation & Interpretation Services Industry Report
Geography United States  
Publication Date May 2019
Report Format PDF Download  
Price $999.99

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