The industry of language services is booming, helping businesses all around the world communicate effectively. Over the last ten years the market has grown by a third in size, to 46.9 billion U.S. dollars in 2019. Here are a few industries that could profit from the services offered by a UK translation company…
Market Research is a field which has grown rapidly in the last few years. This is in response to more businesses becoming aware of the importance of knowing the needs of consumers and preferences, however, as communication around the globe becomes easier, companies are looking to expand their reach into foreign markets. To do this efficiently, businesses must be able to speak their customer’s culture and standards. When it comes to these situations regardless of whether you’re conducting a focus group or sending out a survey it’s crucial for market research companies to have access to language services.
With technological advancements that are constantly increasing, the transcription and translation industry has been able to rapidly adapt to the demands of quantitative and qualitative market researchers. Translation and transcription service providers can provide the wide range of knowledge and services that could be expensive and time-consuming to set up in-house.
Financial, Banking, and Insurance
The financial services sector facilitates the management of money and includes credit and banks, insurance companies, and lending companies in addition to companies that provide technology and services to support these. This industry is dominated large, multinational brands which utilize market research conducted by b2b companies to establish and maintain an edge in the market.
This field plays an important part in the global trade environment. In order to reach new customers in foreign countries and to achieve a high degree of consistency, organizations in the financial and banking industry utilize translation services to make their communications more clear and effective. This helps them build relationships with potential clients. The accurate translation of forms, financial documents and transactions helps them fulfill the requirements of their customers and customers quickly no matter where they are.
While some manufacturers are looking into moving their production offshore back to their home countries, a substantial portion of manufacturing firms employ outsourcing to other companies overseas. This is why translation is necessary to enable these two parties communicate clearly and effectively in the event of communicating technical or instructional guides.
Even if you do not outsource your manufacturing overseas Every manufacturer that wishes to market their products internationally will require translation. Every packaging item and safety and health information needs to be translated into the target market’s native language to allow the product to be sold.
Healthcare, Pharmaceuticals and Medical
Much like manufacturing, the medical, pharmaceutical and healthcare industry is global, and translation is essential for everythingfrom dosage guidelines on prescriptions to patient’s notes. However, it’s not just translating that makes the medical industry get going in all directions; interpretation and transcription also provide valuable services.
Interpreting is increasingly in demand in countries, like the UK in which a significant part of the population does not speak the official language of the country. This is not an occupation that can be done by any person. It requires an expertly trained and experienced professional to easily communicate between the doctor and the patient since the life of a patient could be at risk.
Consumer, Retail, and Ecommerce
With the number of websites that are trying to sell goods and services, making sure that you stand out from a sea of competitors is the key to success for many companies. However, if your website is only available in one language you could be severely restricting your company’s growth. The first step towards securing your presence online globally is to translate and adapt your website in order to reach your target market.
A study by the Common Sense Advisory in 2014 revealed that 75% of people prefer to buy products in their own language. 60% would seldom or never buy products on English only websites. Transcreation and translation could help businesses offering e-commerce a higher quality experience for their clients when they use their sites in a way that they can navigate the website in their own language.
and Tourism and Tourism
Tourism and leisure is another worldwide industry, and along with it comes the need for translation; no travel business would be successful if they insisted on only communicating in one language. Achieving accurate translation is not just essential for maintaining good relationships with global partners and customers and partners, but it also can help build brand loyalty among the public.
PR, Marketing, and Advertising
Marketing, advertising and PR is all about communicating your business’ branding messages to your target audience effectively to drive sales. If you want a campaign that works on a global scale creative license has to transcend many boundaries. Translated words will never be able to capture an audience because jokes, quips and idioms that work in one culture may go out of place in another.
It’s crucial that your the PR, marketing and advertising translations that carry your company message are remembered for correct motives. The localisation team can provide advice on cultural issues and whether or not the colors, styles and imagery are appealing to your international customers.
Learning is becoming more international accessible, whether it’s in the workplace or the classroom. With many firms having offices all over the world , it is difficult to train employees if they’re across different nations. In this situation, you need translated rules and policies to ensure all staff are effectively trained and knowledgeable.
Additionally, to accommodate the ever-growing global academic community several universities and colleges have adopted translations to ensure their message and mission can be accepted by students across the world.
Apps, cryptocurrencies and online games. The world of technology is ever-changing. The software industry is in need of the services of a language expert to help break into new markets. With the ever-growing number of apps and software game and software developers must be careful to localize the language, colours and images they choose to use to their global audience in order to ensure they’re appropriate and useful to that particular audience.
To assist in getting your product in good shape for localisation teams of gaming and software specialists will advise you on the encoding process, space for text expansion, hard-coding and use of strings that are single. The internationalisation of gaming and software project management will keep in touch at every step of the process to ensure that everything is right the first time.
This sector requires a whole range of language services, including transcription of translation and interpreting. Legal clients across the globe use legal translation services for ongoing court cases, contract translations, witness statements, video transcriptions of interviews, and many more.
Language services may also assist with notarisation, certified translations legalisation, court interpretation and. Certified translations are accompanied by a certificate which proves the accuracy of the translation and also that the translator is competent to carry out the work. After a document has been certified. A Notary Public certifies the documents conform to the specifications. In the third step, legalisation is carried out at the Legalisation Office and an apostille is added to the document. By using a trusted partner in the language Legal professionals is able to be confident that their data is fully secured and their translations are of a high quality.
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