Independent market research firm, Common Sense Advisory, recognizes Go Global as a leader in $40.27 billion global industry
Buenos Aires, Argentina – Go Global announced today its official ranking as one of the largest language services providers (LSPs) in the translation and interpreting industry. Issued July 2016 by independent market research firm Common Sense Advisory (CSA Research), the report titled “The Language Services Market: 2016” ranked Go Global as a top-grossing language service provider in the US$40.27 billion global market for outsourced language services and technology. Go Global was named as the 6th largest Language Service Provider in all of Latin America.
CSA Research, which has published market size estimates and global rankings for the past 11 years, found that the demand for language services continues, and is growing at an annual rate of 5.52%. As part of the study, the firm surveyed language service providers to collect actual reported revenue for 2014, 2015, and expected revenue for 2016.
Go Global offers language and communication solutions to local and global companies. It combines technical expertise and linguistic competency to deliver technically challenging and culturally appropriate solutions. Its main services are translation, localization and testing, multimedia localization, subtitling, interpretation and language training.
Comments the Co-founder and Director of Client Solutions, Paula A. Ferrari, “Our vision to be a leading company in South America has become a reality. We are very happy and we will keep working hard to take Go Global to the next level maintaining our passion and values at heart.”
As organizations both large and small address more languages, the firm predicts that the language services industry will continue to grow and that the market will increase to US$45 billion by 2020.
“Demand continues because the market for outsourced language services and supporting technology is immensely important to the businesses, government agencies, non-profits, and individuals that produce or consume information,” adds Don DePalma, CSA Research’s founder and Chief Strategy Officer.
The full report, including all regional rankings, is available as part of the firm’s research membership.
About Go Global
Go Global, founded in 2008 and headquartered in Argentina, provides linguistic solutions to local and global companies.
Its in-house linguists and network of professionals translate in dozens of language combinations including major European and Asian languages.
Its main services are translation, localization and testing, multimedia localization, subtitling, interpretation and language training. www.goglobal-consulting.com / @goglobalsrl
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
Go Global Media Contact: Macarena Escribano, macarena.escribano@www.goglobal-consulting.com
CSA Research Media Contact: Melissa Gillespie, Melissa@commonsenseadvisory.com
