Machine translation market to hit USD 8.93 billion by 2036

The report arrives as machine-first workflows are becoming standard across professional localization. Enterprises increasingly use machine translation as the initial stage and assign human review according to risk, quality, and compliance requirements. That shift is visible in the body's examples: RWS Holdings plc reported that 84% of localization volume in two divisions was handled through its production platform during H1 FY2025, with almost 60% initially translated by its Language Weaver engine. Specialist providers also continue to attract investment—DeepL secured USD 300 million in May 2024 at a USD 2 billion valuation and reported more than 200,000 business customers—while government initiatives such as India's BHASHINI platform recorded more than 4 billion language inferences by early 2026. The report also tracks large language models improving contextual consistency and document-level translation, with Google adding Gemini-based text translation to Google Translate in December 2025 and RWS introducing Language Weaver Pro, built with Cohere, in March 2026. Live speech translation and embedded translation in phones and earbuds are cited as additional growth opportunities, which may support the projected 15.2% CAGR through 2036.