Addevice

  Machine translation, the core technology of real-time and voice translation solutions, registered a dramatic rise with the expansion of machine learning. Here are some market insights. The machine translation market exceeded $650 million in 2020, with expected growth at a CAGR of 25%, reaching  $3 billion by 2027 . The increasing demand for enterprise translation software and AI-based voice translation apps significantly affect the market rise.  Voice translation is the next level of translation revolution, providing real-time speech translation for conversations instantly interpreting your speech into a target language. The core features of voice translation are based on three technologies:  1.     Automatic speech recognition (ASR)  – The app recognizes your voice and words and transforms them into written text. 2.     Machine translation (MT)  – The transformed text is translated with a machine translation module. 3.     Voice synthesis (TTS)  – The translated text is