Independent market research firm Common Sense Advisory recognizes ES Localization Services as one of the leading companies in $43.08 billion global translation, localization, and interpreting services industry
(Istanbul / Turkey) – ES Localization Services announced today its official ranking as one of the largest language services providers (LSPs) in the global translation and interpreting industry. Issued July 2017 by independent market research firm Common Sense Advisory (CSA Research), the report titled “The Language Services Market: 2017” ranked ES Localization Services as a top-grossing LSP in the US$43.08 billion global market for outsourced language services and technology. ES Localization Services was named as the 22nd largest language services vendor in Asia.
As part of the study, the firm surveyed providers from every continent to collect actual reported revenue for 2015, 2016, and expected revenue for 2017. CSA Research, which has published market size estimates and global rankings for the past 13 years, found that the demand for language services and supporting technologies continues and is growing at an annual rate of 6.97%, representing an increase over last year’s rate of 5.52%.
ES Localization Services is a language services provider that has been serving industry leaders since 1994.
Burak Gocmen, General Manager of ES Localization Services comments “We’d like to convey our thanks to all our business partners who made this possible for us. I should also add that we’re proud of each member of our staff who has the biggest role in our Company’s success.”
As organizations both large and small make their products and services available in more languages, the firm predicts that the language services industry will continue to grow and that the market will increase to US$47.46 billion by 2021. Factors driving this demand include mobile, wearables, and the internet of things (IOT); on-demand offerings to support live chat, texts, tweets, and other short-shelf content bits; and legislation requiring access to language services.
“The sheer number of countries, people, and languages – many of them in markets experiencing tremendous economic growth – assures that demand for language services will only increase over time. As our research conclusively demonstrates, people are much more likely to purchase products in their own language. In addition, localization reduces customer care costs and increases brand loyalty,” explains Don DePalma, CSA Research’s founder and Chief Strategy Officer.
About ES Localization Services
ES Localization Services provides full-fledged language services to industry leaders mainly in software localization, translation, DTP, engineering, QA, testing and voiceover areas. The company has a solid customer base and is proud of its successful past assignments which led to long-term collaborations. With 51 permanent staff in the production offices in Turkey and Egypt for Turkish and Arabic languages, ES is a reliable, experienced, value-added regional supplier for direct clients and MLVs worldwide. It is the first Bureau Veritas certified ISO 17100 localization company in Turkey, specializing in IT, automotive, finance, life sciences, gaming, consumer products and more.
About Common Sense Advisory
Common Sense Advisory is an independent market research company specializing in translation, localization, interpreting, globalization, and internationalization analysis and consulting. www.commonsenseadvisory.com / @CSA_Research
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