4 July, 2018
Groningen, the Netherlands – Jensen Localization announced today its official ranking among the largest language service providers (LSPs) in the global translation and interpreting industry. Issued June 2018 by independent market research firm Common Sense Advisory (CSA Research), “The Language Services Market: 2018” ranked Jensen Localization as a top-grossing LSP in the US$46.52 billion global market for outsourced language services and technology.
Jensen Localization is a translation and localization company devoted to European languages, mainly Dutch, Danish, Swedish, Norwegian, Finnish, English, Spanish, Italian, French, Portuguese and German.
With offices in Denmark, the Netherlands and Spain, and more than 18 years of experience we have a highly professional team.
As part of the primary quantitative study, CSA Research surveyed providers from around the world to collect actual reported revenue for 2016, 2017, and expected revenue for 2018. The firm details the findings in the 14th annual global industry report, “The Language Services Market: 2018”, the only comprehensive global survey of private and publicly-traded language services and technology companies. The firm found that the demand for language services and supporting technologies continues and is growing at an annual rate of 7.99%, representing an increase over last year’s rate of 6.97%.
The Director of our first Jensen Localization franchise in Denmark, Benedicte Holck, comments: “a Jensen Localization franchise, it is a good way to grow with the support of someone with 18 years of experience surviving in this fast-changing industry if you would like to join this profitable business.”
Sixty-four percent of surveyed language services providers (LSPs) said revenue was up over the previous year. Factors driving this demand include content digitization, personalized customer service, and business globalization. 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$56.18 billion by 2021.
“As businesses optimize their customer experience in home markets through digitization, companies are under pressure to globalize their entire operations. Our research has long and conclusively demonstrated that people are much more likely to purchase products in their own language. In addition, that same content and product localization reduces customer care costs and increases brand loyalty,” explains Dr. Donald A. DePalma, CSA Research’s founder and Chief Strategy Officer.
About Jensen Localization
Jensen Localization is a full language service provider specialized in localization and translation of software, marketing, healthcare, legal, MT post editing and more. We also do sworn translations. Some of the projects we work on include leading companies in the fields of IT, Telecommunications, Life Sciences and Automotive Industry, among others. Contact us for a free quotation or visit: www.jensen-localization.com
Jensen Localization Contact: email@example.com
About Common Sense Advisory
Common Sense Advisory (CSA Research) is the premier market research firm specializing in the language services and technology industry. It provides primary data and insight to assist companies with planning, brand strategy, innovation, competitive positioning, and better understanding of global markets. www.commonsenseadvisory.com
CSA Research Contact: firstname.lastname@example.org
International Business, Jensen Localization