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Translation & Interpretation Services (NAICS 54193) Industry Market Research Report

Translation & Interpretation Services - Market Size and Forecast

The Translation and Interpretation Services report contains both historical and forecasted statistics. Total market size figures from 2015 to 2025 reveal industry growth patterns and trends. Market size measurements include both public and private companies in the industry.

Market Size (Total Revenue)

Included in Report

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

Industry Revenue ($ Billions)

Translation & Interpretation Services Industry Revenue
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Translation & Interpretation Services - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Translation & Interpretation Services companies in the United States.

Translation & Interpretation Services Revenue by State

US Market Size by State

Distribution by Company Size

Company SizeAll IndustriesTranslation & Interpretation Services
Small Business (< 5 Employees)


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

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

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue


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



Depreciation and Amortization

Officer Compensation

Net Income

Translation & Interpretation Services - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
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 DescriptionDescriptionRevenue
($ Millions)
Industry total


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 WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations4%


Chief Executives0%
General and Operations Managers2%
Business and Financial Operations Occupations8%
Business Operations Specialists6%
Arts, Design, Entertainment, Sports, and Media Occupations8%
Healthcare Practitioners and Technical Occupations23%
Health Diagnosing and Treating Practitioners9%
Health Technologists and Technicians14%
Health Practitioner Support Technologists and Technicians14%
Veterinary Technologists and Technicians14%
Healthcare Support Occupations11%
Other Healthcare Support Occupations11%
Miscellaneous Healthcare Support Occupations11%
Veterinary Assistants and Laboratory Animal Caretakers11%
Office and Administrative Support Occupations26%
Information and Record Clerks15%
Receptionists and Information Clerks8%
Receptionists and Information Clerks8%

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

($ Millions)


Translation & Interpretation Services Industry Report
GeographyUnited States  
Publication DateSeptember 2020
Report FormatPDF Download  

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