Contrary to what the public might think, the U.S. is home to a large language service industry. Most people view the English language as the only language spoken within the United States. However, English is not the official language of the U.S., nor is any other language, as an official language has never been named in U.S. history.
Here are three of the main reasons why the language service industry, including localization and translation services, forms a key part of the U.S. economy:
1. Linguistic Diversity And Language Service Companies
According to the World Economic Forum, the United States now ranks fifth as the world’s most linguistically diverse nation, with over 300 languages spoken as of 2023 (right behind other linguistically diverse countries like Papua New Guinea and Indonesia). This is due in part to high net migration numbers in recent years calculated by the U.S. Census Bureau for 2022, which is running at a rate set to outperform pre-pandemic levels. This in turn has increased the demand for language services (especially Spanish translation) to be used in order to reach the newly acquired residents across every corner of the United States.
2. The U.S. Economy And The Language Service Industry
As of 2022, the United States has sold and contributed trillions of dollars overall toward the international market, with our top three trading partners being Canada, Mexico, and China, which also account for three of the most populous languages spoken in the world today. With over 25 main trading partners worldwide, it is imperative that the U.S. provide accurate translation, interpreting, and localization services to every partner in order to maintain proper relations and communication.
3. The Market For Language Service Jobs
A survey conducted by the government for Labor Statistics in May of 2022 found that the number of professionals who were trained and employed in either the educational field as a foreign language teacher or a translator or interpreter increased by a total of 3.7% compared to the previous year. It was also found that the number of students who graduated with a degree in linguistics or a foreign language averaged around thirty-three thousand in 2022, which ranked as the 24th most favored degree among students in the U.S.
The language market is expected to grow faster than any other job sector’s average over the next ten-year period. We can compare these numbers to a few of our biggest competitors using the total market value for the 2022 period in order to better understand the U.S. position in the market. While Germany, Japan, and the United Kingdom hold the top four spots for market share size all with a little over a billion USD in revenue, the United States still takes home the largest share with over 9 billion USD and growing, thus proving the power of our nation’s current language industry.
Language Connections offers a multitude of different high quality global translation and interpreting services to fit all of your business needs, ensuring a smooth transition into both domestic and global markets. By using our professional language services to expand your business, you can guarantee your business will not only reach every American across the country, but other nations around the world as well.
About Language Connections:
Language Connections is one of the top language service companies in the US. Over the last 30 years, we’ve focused on providing the best business translation services, interpreting services, as well as interpreter training and customized language training programs. In addition to top-tier corporate language training, we offer certified corporate interpreters and professional business translation services in 200+ languages. Our network includes linguists with backgrounds in all major industries. They’re ready to meet your needs, whether they’re for technical translation services, legal translation, government translation services, international development translation services, education translation services, life sciences translation, or something else. Reach out to us today for a free quote on our cost-efficient and timely translation services, interpreters, or other linguistic services.
Language Connections Inc.
2001 Beacon Street, Suite 105,
Boston, MA 02135