Ukrainian Translation Market - UTIC conference presentation
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This document summarizes the translation market in Ukraine. It provides statistics on the size of the Ukrainian translation market in 2012 ($82 million, about 0.3% of GDP) and breakdown of market shares among language service providers, freelancers, and in-house translators. It also lists the top 20 translation agencies in Ukraine by revenue and common services offered beyond translation like interpreting and language training. Key sectors for future growth are identified as energy, localization/games, banking/financial, and life sciences.
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Ukrainian Translation Market - UTIC conference presentation
- 1. for Translation and Localization Photo:typicalKievFacebookGroup
- 4. Odessa Idea of Competition: ≈20 retail agencies over 200 m.
- 6. As % of GDP, based on Common Sense Advisory 2012 estimate for global translation market ($33,5 bn) $82 m Ukrainian translation market volume in 2012
- 7. 600 companies 2 employees $24k per year per employee Market shares imagined, $ m LSP leaders, 11 LSP long tail, 28.8 Freelancers, 13 In-house, 29
- 8. 250 280 400 750 900 1070 2811 Yus Augmentive Yepanoff Promova Technolex Translation Studio Profpereklad Donetsk RTA TRIS Intext ELEKS Localization 2000 - 3000 2000 - 4000 Lingo Azbuka Gulfstream
- 9. 4 5 6 7 8 9 12 13 18 20 20 25 25 28 29 41 133 170 0 50 100 150 200 Glebov 100mov Yepanoff Task Force April Linguistic Center Yus Augmentive Promova Aspect-Ukraine Technolex Translation Studio Today.Kharkov Profpereklad Translatel A.B.C. translation unit Donetsk RTA InText ELEKS Localization TRIS
- 10. $24-37 k average revenue per employee per year in Moscow LSPs make 2x, in Europe – 3x that
- 11. Key interpretation equipment providers in Kyiv • Liter • Ukrtelecom • Lingo • Synchroservice
- 13. $0,017 per word – average agency rates * 53 UAH 160 RUR per page
- 14. FREELANCER 25 UAH per Page $0,007 per Word AGENCY 28 UAH per page $0,01 per Word An Honest Day’s Wages
- 15. • TRIS – Simultaneous interpreting school • Task Force – Transport, Corporate Tourism • Dialog-Kiev – Events, Tourism • A.B.C. – Teaching, Training • Gulfstream – Travel, Marriage Agency, Education, Real Estate Agency, Language Training, Legal, Design, NASA news… and the list goes on.
- 17. $0,04 Minimal rates per word Higher than the maximum local market rate
- 19. 19522 85612 85312 17947 99962 100796 0 50000 100000 150000 200000 250000 Ukrainian EXPORTs and IMPORTs over 15 years, $ mln Source: Ukraine National Bank
- 20. Key Sectors for the Future Energy Localization & games Banks & Financial Life Sciences
- 21. Your Industry expertise Marketing • References • Branding Terminology • Termbases • Localization Kits People • Sales • Project managers • SMEs
- 22. • Experience & Expertise • Marketing & PR • Knowledgebase, Content • Rankings & Ratings