The Language Industry Landscape in Canada
In a report prepared by the Conference Board of Canada for Industry Canada the language industry in Canada was said to account for the employment of 51,700 people, including some 25,200 jobs in the translation sector.
The language industry’s contribution to Canada’s economic activity was estimated at $2.7 billion CDN of which 44.8% ($1.2 billion) was attributable to the translation, interpretation and terminology sector. According to Statistics Canada census data referenced in the study, about half of the jobs in the translation, interpretation and terminology category in 2001 were in private sector concerns directly involved in the language industry.
In a Labour Force Survey the data seemed to suggest that the number of self-employed translators, terminologists and interpreters was on the rise as compared to salaried employees. The latter still outnumbering the self-employed by an 8% margin (54% salaried versus 46% self-employed).
Average annual incomes in 2004 in the translation, terminology and interpretation sector were estimated at $37,057.00 CDN for salaried workers and $31,320.00 CDN for the self-employed. Note that these figures are an extrapolated average (full time and part time workers) from known year 2000 data. Total earned income in the sector therefore amounted to an estimated $437.3 million CDN in 2004.
The full report is available on the Industry Canada website. The link to the pdf version of the report is located in this Translation Classifieds Listing where an excerpt of the report's executive summary is available.
The Global Language Industry Landscape
In a review dated June 2006, commonsenseadvisory.com estimated that the global market for outsourced language services (translation and interpretation) amounted to US $8.8 billion in 2005 with a projected annual of 7.5% reaching close to US $11 billion by the end of 2008. Broken down by region, the U.S. was estimated to represent 42% of the market at a projected 2008 volume of $4.592 billion, followed by Europe (41% or $4.482 billion), Asia (12% or $1.312 billion), and the rest of the world (5% or $547 million) -- all figures in US dollars.
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