The language service provider (LSP) industry is overgrowing as globalisation continues to create new market opportunities worldwide. For example, Mandarin translation services are just one of the highly requested services. In fact, many businesses are hiring Mandarin translators to help them trade in the Asian market. And with more native Mandarin speakers than there are of any other language, it is no surprise that Mandarin translation services are so highly sought after.
This article focuses on the rise of the language services sector in the UK, with a close focus on Mandarin translations. Keep reading to discover whether the Mandarin language is a good option for your next translation project.
The UK is the second-largest language services market globally. According to an Association of Translation Companies (ATC) report, 1200 translation companies provide various language services to the UK’s private and public sectors. The industry reached £35 billion in 2018, and its outlook for the future looks equally positive.
The growth of the language services sector is crucial to the economy. According to the ATC report, revenue from the UK’s translation agencies “contributes £1.2 billion per annum to the economy and provides employment for over 12,000 staff. The added value language service companies generate for the UK’s economy through the growth of international trade far surpasses the numerical data.”
Unfortunately, the report also noted a decline in foreign language learning in the UK. Therefore, the demand for native speakers and professional translators has increased to serve the growing market. Putting this into the context of mandarin translation services, the UK language services sector could struggle to meet this increasing demand if more Mandarin translators do not qualify and join LSPs.
The growth of the language services sector and increased demand for mandarin translation services is no surprise. It is no doubt there is a growing trend of globalisation among UK businesses, and this could be the reason.
The ATC report included a recent survey by the Institute of Directors (IoD) Going Global Trends in Trade. IoD surveyed its members to determine the average number of markets served. The survey instructions were clear that the entire European Union (EU) is one market. Shockingly, the results from the survey found that:
Providing information and content in the native languages of these international markets provides a competitive edge. Beyond that, savvy consumers often expect personalised service in today’s competitive marketplace. Translating your content into the most translated languages in your key markets is a wise business investment. As Mandarin is the most widely spoken native language worldwide, enlisting the help of Mandarin translators has clear benefits.
Unlike other languages, having Mandarin translation services on hand is key to remaining competitive. Mandarin is the most commonly spoken language in the world, with approximately 1.3 billion speakers globally. Moreover, Mandarin Chinese is one of the six official languages of the United Nations. Mandarin has spread globally and is a popular second language in many countries.
With such a vast number of Mandarin speakers, there are many reasons to expand your product or services into this market. The significant market potential size, both in the number of prospective customers and their increasing disposable income, is a primary reason for this increase in demand for Mandarin translators. This can improve revenue and allow your brand to go global.
As more businesses see these benefits, the demand for Mandarin translators is increasing rapidly. A study by Indeed.com in 2019 concluded that demand for Mandarin speakers in the UK grew the most over the past three years. Mandarin rose from the fifth most-required language in the market requested to the third – the need for Mandarin translation services and translators is only going up!
It is critical only to entrust a professional translation agency to fulfil your need for Mandarin translation services. Only companies with trained and qualified Mandarin translators are up for the challenge. Look for agencies that request at least five years of translation experience to ensure your translations are accurate and professional.
You should also seek to work with native speakers. For example, if you are translating from Mandarin to British English, you want your translator to be a native British speaker fluent in Mandarin and familiar with the subject matter. On the other hand, if you wish to translate from English to Mandarin, the translator must be a native Mandarin speaker fluent in English.
Renaissance Translations has deep expertise in offering Mandarin translation services. Our Mandarin translators are all qualified to provide professional services, taking a client-centric approach to your projects. We use trusted translation methods and the latest technology to ensure your Mandarin translations are accurate and authentic.
Although we frequently translate from English to Mandarin, we can translate other infrequent language pairs, such as Mandarin to French or Mandarin to Arabic. Let’s discuss your Mandarin language project goals today! Click here to contact our team or request a quote via our website.