Translation & Interpretation Services Industry

NAICS: 54193

Translation & Interpretation Services Market Share: Largest Companies in the Translation & Interpretation Services Industry

Company	Headquarters	Revenue ($ MM)
SORENSON HOLDINGS	Salt Lake City, UT	100
SORENSON COMMUNICATIONS	Salt Lake City, UT	46
LANGUAGE LINE	Monterey, CA	25
TRANSPERFECT TRANSLATIONS INTERNATIONAL	New York, NY	15
PURPLE COMMUNICATIONS	Austin, TX	11
CYRACOM INTERNATIONAL	Tucson, AZ	10
METROPOLITAN INTERPRETERS & TRANSLATORS	New York, NY	8
SOS INTERNATIONAL	Reston, VA	7
ON LINE INTERPRETERS	Monterey, CA	5
ATS ESOP HOLDINGS	Reston, VA	5
STRATUS VIDEO	Clearwater, FL	3
SDL	Wakefield, MA	3
CONVO COMMUNICATIONS	Austin, TX	3
MISSION ESSENTIAL GROUP	New Albany, OH	2
MID ATLANTIC PROFESSIONALS	Germantown, MD	2
CLEARCAPTIONS	Roseville, CA	2
ZP BETTER TOGETHER	Austin, TX	2
ELAHI ENTERPRISES	Plano, TX	2
ACCLAIM TECHNICAL SERVICES	Reston, VA	2

This is a list of the largest companies active in the Translation & Interpretation Services industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Translation & Interpretation Services industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Translation & Interpretation Services Companies

A list of competitors in the Translation & Interpretation Services industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Translation & Interpretation Services businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Translation & Interpretation Services companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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