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Globalization is the trend of the modern world. It has led to rapidly growing demands for translation of the contents. Language translation has made its significant space in almost all the fields. In 2016, the global market of translation had reached $40 billion. It is expected to reach $1.9 trillion by the end of 2019. You can now imagine the workforce accommodated by this industry.
The modern world is an international marketplace. Entrepreneurs today aim at making the global population as the target audience for their business. While in earlier days, the business was confined to a specific region. So, drastic changes are seen in the requirements for modern business. One such necessity in contemporary business is language translation. It is a vital component of any company aiming to work with an international audience.
Education is one of the primary necessities of any human being on earth. It is also undergoing the process of internationalization. There is a significant role of technology in taking education to global levels. Students today learn from the applications and videos available on the internet.
The modern world has an increasing number of multinational entrepreneurs. Very few businesses are confined to a single operating region or country in this world. Globalization seems to be the modern tradition.
Photo by Farzad Mohsenvand on Unsplash
1. Translation in the 21st Century is not limited to literary or non-literary texts only. It expands to the following areas:
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