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.
Market research reports forecast significant growth in the automatic dubbing software and machine translation markets. A 2025 report analyzed the global automatic dubbing software market, including manufacturing processes and pricing. Another report from Coherent Market Insights, published later, highlighted machine translation market growth prospects from 2025 to 2032, providing an industry size, share, and regional forecast. Separately, Market Research Intellect projected the global automatic dubbing software market to grow at a 15.76% compound annual growth rate (CAGR) from 2024 to 2031, increasing from a 6.85 billion valuation in 2024 to approximately 16.48 billion by 2031. A further report detailed the global AI-enabled translation service market, offering an overview of market dynamics, segmentation, and recent industry developments.
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