Common Sense Advisory analyzes translation and localization industry

Common Sense Advisory, Inc., a business globalization, internationalization, localization and translation research and consulting firm, has released its latest report, "Language Services 2006: Supply-Side Outlook." The 56-page report, which is available as part of a subscription, considers the supply side of the language industry, reviewing the year that was and the 12 months to come from the perspective of language service providers and independent software vendors selling products that facilitate global information management. The report also updates the firm's 2005 rankings of the top 20 language services companies based on merger and acquisition activity in the industry including Lionbridge's acquisition of Bowne Global Solutions. Report findings include: High-tech development and outsourcing companies in Brazil, China, India, Russia and other countries will see ample growth opportunities in the States and Western Europe and that expansion beyond their domestic markets will serve their shareholders well. Certain industry verticals lead the demand for localization services. Segments driving industry growth are life sciences, legal, advertising, defense and government.