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The language industry is the sector of activity dedicated to facilitating multilingual communication, both oral and written. According to the European Commission's Directorate-General of Translation, the language industry comprises the activities of translation, interpreting, subtitling and dubbing, software and website globalisation, language technology tools development, international conference organisation, language teaching and linguistic consultancy.
According to the Canadian Language Industry Association, this sector comprises translation (with interpreting, subtitling and localisation), language training and language technologies.
The European Language Industry Association limits the sector to translation, localisation, internationalisation and globalisation.
The scope of services in the industry includes:
- Editing for authors: author editing
- Editing for publishers, e.g. copy editing, proofreading (including CAR), developmental editing
- Language interpretation
- Language education
- Computer-assisted translation tools development
- Terminology extraction
- Language localisation
- Software localisation
- Machine translation
The persons who facilitate multilingual communication by offering individualized services—translation, interpreting, editing or language teaching—are called language professionals.
Translation as an activity exists at least since mankind started developing trade millennia ago; so, if we include interpreting, it is no exaggeration to say that the origins of language industry are older than those of written language.
Communication industry has developed rapidly following availability of the internet. Achievements of the industry include the ability to quickly translate long texts into many languages. This has created new challenges as compared with the traditional activity of translators, such as that of quality assurance. There are various quality standards such as the International Organization for Standardization's ISO 17100 (used in Europe), the CAN CGSB 131.10-2017 in Canada and ASTM F2575-14 in the USA.
A study commissioned by the EC's Directorate-General for Translation estimated the language industry in European member states to be worth 8.4 billion euro in 2008. The largest portion, 5.7 billion euro, was ascribed to the activities of translation, interpreting, software localisation and website globalisation. Editing was not taken into consideration. The study projected an annual growth rate of 10% for the language industry. At the time the study was published, in 2009, the language industry was less affected by the economic crisis than other industry sectors.
Rates for translation services have become a big discussion topic nowadays[when?], as several translation outsourcers allegedly go in search of cheap labor. Professional associations like IAPTI try to put a stop to this development. Currency fluctuation is yet another important factor.
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