Description

During the course of this market analysis, Nimdzi uncovered interpreting companies that have previously been invisible in market reports because they do not participate in surveys and are reluctant to disclose their revenue. Nimdzi has employed an investigative approach and invested hundreds of hours into intense research, data collection, and analysis in order to present data that have previously been unavailable.

2020 was a year like no other before it. More or less overnight, the global COVID-19 pandemic changed life as we knew it. Suddenly, everything pivoted to the virtual world. This new situation came with many challenges yet also triggered innovation and created opportunities. We have seen a significant increase in digitalization on all levels of society, accelerated growth in industries such as telehealth, ecommerce, and e-learning, and a spike in demand for any kind of technology that enables remote work and life - including remote interpreting. Indeed, while it may have, at times, seemed like life came to a halt, communication in fact carried on, because if ever there was a need for global cooperation, it was now. And cooperation across nations can only be successful if it is facilitated by multilingual communication.

Over the past 18 months, governments and international organizations across the globe have come together to discuss the latest findings about the virus and what safety measures should be implemented. Scientists from different countries collaborated to develop a vaccine - faster than ever before in human history. Citizens of all language backgrounds frequently needed to receive updates about the current state of affairs. Healthcare professionals had to communicate with their patients but reduce the number of in-person visits. Businesses moved to remote work but continued to serve their international clients and work with their global teams. All of this translated into a significant spike in demand for remote interpreting.

Although remote solutions had long been making their way into the interpreting market, before March 2020, the majority of interpreting assignments happened in person. In the 2019 edition of the Nimdzi Interpreting Index, we still called remote interpreting "the new kid on the block." However, since the onset of the pandemic, remote interpreting has come to the rescue of the interpreting