Daniel Slotta
Research expert covering Greater China
Language services industry in the U.S. - statistics & facts
The language services industry in the United States has grown rapidly over the last several years and has continued to play an important role in facilitating communication in a globalized world. The global language services industry was estimated to reach 65.5 billion U.S. dollars by 2026, with the U.S. market having a significant say in this. Furthermore, as the English language has become the most spoken language worldwide, especially in academic and corporate environments, the learning of this global language has become somewhat of a necessity. This has led to an increasing need for translation services and interpreters, demonstrated by mean hourly wages within this profession having been on the rise since 2015 in the United States.
