This study provides an analysis of the Language Technology market in the EU
(taking into account supply and demand), of LT
adoption by public services in the EU
, and of the EU
’s competitiveness with respect to the US and Asia in three LT
areas. The analyses show that suppliers are often SMEs
with local solutions and that public services have a strong interest for translation technology.
However, the worldwide LT
market, that is dominated by large players, has deficiencies regarding under-resourced languages, customisation needs, and security and privacy requirements. Based on the results of the analyses, the study develops a business model for CEF AT
by defining the latter’s value proposition in the context of the market.