Translation and Interpretation Services NAICS 541930
Unlock access to the full platform with more than 900 industry reports and local economic insights.
Get access to this Industry Profile including 18+ chapters and more than 50 pages of industry research.
Industry Summary
The 2,700 translation and interpretation service providers in the US translate written material, interpret speech from one language to another, and offer sign language services. Specific services include localization (adapting digital content for a specific market), transcription, subtitling, voiceover/dubbing, and language testing or training.
Dependence on a Highly Skilled Workforce
Translation and interpretation agencies and companies rely on highly skilled workers to provide services.
Industry Growth
Globalization and increasing diversity within the US population has boosted demand for translation and interpretation services.
Recent Developments
Jul 7, 2026 - Confidence In AI Translation Tools Increases
- Recent survey findings by Dimensional Research suggest growing confidence in AI-powered translation tools among professionals who manage meetings and events. Nearly 95% of professionals agreed that AI translation solutions are easier and more affordable than human interpreters. Nearly 80% of respondents said that the share of non-English speakers is increasing at events. The report, commissioned by software company Wordly, also found that 66% prefer AI-powered translations and only 25% said they still prefer human interpreters.
- About 66% of attempts by 18 bilingual auditors to reach the New York City Department of Health and Mental Hygiene (DOHMH) agency faced barriers, according to a New York State Comptroller audit. Barriers included not being connected to an interpreter or calls getting dropped after selecting the Spanish-language option. The audit discovered "numerous deficiencies" in how DOHMH provided interpretation services to New Yorkers with limited English proficiency when they visited the agency’s facilities between 2019 and 2024.
- Funding cuts by the Trump administration that have forced some healthcare providers to reduce their language services may result in more medical errors, misdiagnosis, neglect, and other adverse outcomes, according to experts including Mara Youdelman, the managing director of federal advocacy with the National Health Law Program. Language service reductions have created other problems, according to Youdelman. "We’ve really seen on the ground confusion," Youdelman told KFF Health News. "Healthcare providers and hospitals not knowing what this means for them and what they’re supposed to be doing, and patients not understanding that they still have the right to language services." Health providers that receive federal funds under the Affordable Care Act are required to make language services available. That includes making interpreters available to patients at no additional cost.
- Translation and interpretation service industry employment and average wages for nonsupervisory employees increased slightly during the first two months of 2026, according to the US Bureau of Labor Statistics. Translation and interpretation service industry sales are forecast to increase at a 4.39% compounded annual rate from 2025 to 2029, comparable to the growth of the overall economy, according to Inforum and the Interindustry Economic Research Fund, Inc.
Industry Revenue
Translation and Interpretation Services
Industry Structure
Industry size & Structure
The average translation and interpretation service provider operates out of a single location, employs fewer than 14 workers, and generates $2.4 million annually.
- The US translation and interpretation services industry consists of 2,700 firms that employ 37,800 workers and generate about $6.6 billion annually.
- The global language service provider (LSP) industry is estimated to be worth more than $61 billion, according to the Business Research Company.
- The industry is concentrated at the top; the top 50 companies account for 75% of industry revenue.
- Types of companies include multi-national firms, language technology firms, local agencies and freelance interpreters and translators.
- Large firms include TransPerfect, Lionbridge, and LanguageLine Solutions (Teleperformance).
Industry Forecast
Industry Forecast
Translation and Interpretation Services Industry Growth
Vertical IQ Industry Report
For anyone actively digging deeper into a specific industry.
50+ pages of timely industry insights
18+ chapters
PDF delivered to your inbox
