AppTek, a privately owned US-based company founded in 1990, offers artificial intelligence and machine learning-powered solutions. Its primary focus is providing broadcast professional services, utilizing technologies such as automatic speech recognition, neural machine translation, and natural language understanding. Employing approximately 100 people, the company reported revenues of around $10 million in 2023.
The machine translation market is projected to grow from US$ 668.3 million in 2025 to US$ 1012.2 million by 2032, at a compound annual growth rate of 6.1%. Separately, the language services market is expected to reach US$ 131.75 billion in 2033 from US$ 78.12 billion in 2024, with a compound annual growth rate of 5.98% from 2025 to 2033. On May 7, 2025, a report on the language services market was added to ResearchAndMarkets.com. Also in 2025, AppTek experts participated in a panel discussion at SlatorCon London on the challenges and importance of prosody in AI speech. The discussion covered advancements and challenges in recreating prosody in synthetic speech, as well as customer demands and interdisciplinary collaboration.
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