Estimates were that the annual revenue of $35bn in 2019 was set to grow at 11% per year for the next seven years. E-learning and educationalĮven before the pandemic, the e-learning industry was surging across Asia. By employing the use of culturally-appropriate language, and a decent grasp of Chinese netizen slang, future game developers stand a chance of replicating some of that success. During the first three days of its availability, it racked up more than $14 million revenue.
In 2019, Game for Peace, a localized version of the wildly successful mobile shooter PUBG, shot to success. The name of the game is mobile in China, where around three-quarters of all gaming revenue is racked up on hand-held devices. China alone this year increased its number of active gamers to a whopping 661 million, who collectively generate around $10bn revenue per quarter. The Asia-Pacific region has dominated the gaming market for at least the last five years, and it continues to grow, unabated by the global pandemic. Below are ten industries we think stand to benefit most from professional translation in 2021. Whether they’re looking to create resonant B2C marketing campaigns, localize their products, or seek new business development opportunities, they will always have a leg up on others who might be relying on English alone, or using flawed automatic translation services.
Professional translation puts companies at a significant advantage. With huge new markets opening up in Asia, across multiple industries, now is the time to prepare for when trade starts flowing again. While Covid-19 may have put a dent in globalized business during 2020, a bounce-back looks to be just around the corner.
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