BLEND Localization Ranked Among Fastest-Growing Language Service Providers in the World
CSA Research recognizes BLEND as a growth leader in the multi-billion-dollar market for language services and technology, with a three-year sustained growth rate of 20.7%
TEL AVIV, IL – July 20, 2023 – BLEND announced today its official ranking as one of the fastest-growing language service providers (LSPs) in the multi-billion-dollar global market for outsourced language services and technology. BLEND’s CAGR of 20.7% over the last three years greatly surpasses the one-year growth rate of the market, making it the 25th fastest-growing LSP in the world and the 47th largest translation provider worldwide.
BLEND is a global localization provider that removes cross-border barriers for global businesses. By harnessing the power of AI-driven technologies and a global community of language experts and voice talents BLEND delivers complex continuous localization at scale. BLEND, founded in 2008, is a privately held company with offices in Tel Aviv, Atlanta, London, Shanghai, Kyiv, and Bucharest.
Yair Tal, BLEND’s CEO said: “Our ranking among the top fastest growing LSPs worldwide reflects our talented team’s unwavering commitment and our clients’ trust in us. As we expand our global reach and enhance our platform, we remain focused on delivering exceptional service and advanced AI-powered technologies.”
“Even in the world of the biggest LSPs, it’s fascinating to see how key themes such as consolidation, the pivotal role of data utilization, a shift towards global content beyond mere localization, service diversification, geographical outreach, and industry-specific focus are consistently making a mark,” comments Tahar Bouhafs, CSA Research’s CEO.
He further elaborates, “The exponential growth trajectory of these companies can be attributed to their strategically sales-driven approach, their dedication to nurturing existing client relationships, and their forward-thinking commitment to invest in the future. These elements combined not only fuel their growth but also redefine the industry dynamics.”
The rankings of the fastest-growing LSPs in the world are a result of the language industry’s most comprehensive, large-scale market survey and are based on verified 2022 revenues.
About BLEND Localization
As an end-to-end multi-market enabler, BLEND empowers global brands to establish a native presence in fundamentally different markets, worldwide. By harnessing the power of AI-driven technologies and a global community of language experts and voice talents BLEND delivers complex continuous localization at scale.
Alongside its enterprise-grade managed localization platform, BLEND also provides self-service on-demand translation services via BLEND Express and world-class voice services through BLEND Voice.
About CSA Research
CSA Research is the premier market research firm specializing in the language services and technology industry. It provides primary data and insight to assist companies with planning, brand strategy, innovation, competitive positioning, and better understanding of global markets. An independent market research company, its trusted and verified data helps companies profitably grow their international businesses and gain access to new markets and new customers. For more information, visit: csa-research.com or twitter.com/CSA_Research.
CSA Research media contact: [email protected]
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