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North America is the leading machine translation market globally owing to the abundant demands from the IT sector of the U.S. North America’s IT sector holds more than 60% of the regional market demand. This is attributed to the presence of IT technology giants in the region. IT companies are one of the major adopters of this technology for meeting the requirements of global customers. This is one of the major reasons for the North America machine translation market. Request for a sample of this research report – https://www.graphicalresearch.com/request/1071/sample Machine translation is mainly used by large enterprises as the deployment of these systems requires high initial cost and resource allocation. Machine translation tools are used as content localization tool and are common in larger organizations. With smaller firms and organizations in North America, the trend of outsourcing such services has been observed. However, when faced with enormous volumes of data, organizations may deploy machine translation as an on-premise business activity. Moreover, the presence of several providers in the region backed by supportive government policies is driving the North America machine translation market. The increasing investments and developments in artificial intelligence and machine learning by technology giants will bolster the North America machine translation market. On the basis of technology, the SMT segment has shown a lucrative growth over the forecast period in this region. Google translate and Microsoft translation use SMT machine translation technology for its online services and applications. Recently, when Google Translate was first launched, Phrase-Based Machine Translation (PBMT) was used as a key algorithm. PMBT algorithm works by splitting sentences into phrases and words that can be translated mainly autonomously. This is considered as the simplest and most popular version of SMT. Browse key industry insights from this 2018 report North America Machine Translation Market in detail along with the table of contents at: https://www.graphicalresearch.com/industry-insights/1071/north-america- machine-translation-market Major companies in the machine translation market in North America are IBM, Microsoft, and Google. In October 2017, Google launched Pixel Buds, a real-time translator that connects web search and connectivity incorporated with a built-in Google Assistant and Google Translate capable of translating 40 different languages. Segments We Cover: North America Machine Translation Market Statistics, By Application Automotive Military & defense Electronics IT Healthcare Others North America Machine Translation Market Forecast, By Technology RBMT SMT Others The above information is provided for the following countries: U.S. Canada Make an inquiry for purchasing this report @ https://www.graphicalresearch.com/request/1071/inquiry-before-buying Related Reports: 1. Asia Pacific Machine Translation Market Size by Technology (SMT, RBMT), By Application (Automotive, Electronics, IT, Military & Defense, Healthcare), Industry Analysis Report, Regional Outlook (China, India, Japan), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024 2. Europe Machine Translation Market Size By Technology (SMT, RBMT), By Application (Automotive, Electronics, IT, Military & Defense, Healthcare), Industry Analysis Report, Regional Outlook (Germany, UK, France, Spain), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024 About Graphical Research: Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle. Contact Us: Parikhit B. Corporate sales, Graphical Research Email: sales@graphicalresearh.com Web: https://www.graphicalresearch.com/ The post North America Machine Translation Market to reach USD 600 mn by 2024 Graphical Research appeared first on Herald Keeper. 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