According to Cognitive Market Research, the global Software Localization Tools market size is USD 6125.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 11.20% from 2023 to 2030.
North America held the major market of more than 40% of the global revenue with a market size of USD 2450.08 million in 2023. It will grow at a compound annual growth rate (CAGR) of 9.4% from 2023 to 2030.
Europe Software Localization Tools projected to expand at a compound annual growth rate (CAGR) of 11.20% from 2023 to 2030, Europe accounted for a share of over 30% of the global market size of USD 1837.56 million
Asia Pacific held the market of more than 23% of the global revenue with market size of USD 1408.80 million in 2023 and will grow at a compound annual growth rate (CAGR) of 13.2% from 2023 to 2030
Latin America market of more than 5% of the global revenue with a market size of USD 306.25 million in 2023 and will grow at a compound annual growth rate (CAGR) of 10.6% from 2023 to 2030
Middle East and Africa held the major market of more than 2% of the global revenue with market size of USD 122.50 million in 2023 and will grow at a compound annual growth rate (CAGR) of 10.9% from 2023 to 2030
The demand for Software Localization Tools is rising due to Increase in Demand for localized software to Provide Viable Market Output.
Demand for services remains higher in the Software Localization Tools market.
The Computer Assisted Translation (CAT) category held the highest Software Localization Tools market revenue share in 2023.
