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Ida Corporation Ranked Among Asia's Largest Language Services Providers

Independent market research firm, Common Sense Advisory, recognizes ida as a leader in 38.16 billion global industry

Osaka - ida Corporation announced today its official ranking as one of the largest language services providers (LSPs) in the translation and interpreting industry. Issued July 2015 by independent market research firm, Common Sense Advisory (CSA Research), the report titled "The Language Services Market: 2015" ranked ida as a top-grossing language service provider in the US$38.16 billion global market for outsourced language services and technology. ida was named as the 20th largest localization vendor in all of Asia.

CSA Research, which has published market size estimates and global rankings for the past 10 years, found that the demand for language services continues, and is growing at an annual rate of 6.46%. As part of the study, the firm surveyed language service providers to collect actual reported revenue for 2013, 2014, and expected revenue for 2015.

"The market for outsourced language services and supporting technology is immensely important to the businesses, government agencies, non-profits, and individuals that produce or consume information'" comments founder of CSA Research Don DePalma. "As organizations both large and small address more languages, we predict that the industry will continue to grow and that the market will increase to US$49.8 billion by 2019."

The full report, including all regional rankings, is available as part of the firm's research membership.