According to Cognitive Market Research, the global Translation Gate market size is USD 751.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 13.30% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 300.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.5% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 225.36 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 172.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.3% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 37.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.7% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 15.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.0% from 2024 to 2031.
Semi-Automatic held the highest Translation Gate market revenue share in 2024.
