We are thrilled to announce that GLOBO has been ranked 38th in the 2024 Nimdzi 100. This recognition reflects our dedication to excellence, innovation, and leadership in the language services industry.
The Nimdzi 100 report is an annual ranking of the world's largest language service providers, offering a comprehensive industry analysis. This year's report reveals a market valuation of $67.9. billion in 2023, with an anticipated growth of $72.7 billion in 2024. The report highlights the resilience of the language services market, driven by technological advancements and the increasing importance of multilingual communication. Being ranked 38th on this list is a testament to GLOBO's significant impact and growth in this dynamic industry.
GLOBO's ascent to the 38th position on the Nimdzi 100 results from our relentless commitment to innovation and excellence. We are committed to staying at the forefront of innovation, continuously improving our services, and expanding our reach to new markets.
Over the past few years, GLOBO has experienced remarkable growth. GLOBO was ranked #66 in the 2022 Nimdzi 100, and in 2023 was ranked #61, as well as #13 on the 2023 Nimdzi Interpreter Index. This upward trajectory underscores our dedication to excellence and ability to adapt to the evolving needs of the language services industry.
In 2023, we further solidified our position by strategically acquiring two prominent language service providers. These acquisitions expanded our capabilities and reinforced our commitment to delivering exceptional language services.
This year, Nimdzi recognized GLOBO as the #2 fastest-growing LSP and #6 as a key player in the healthcare interpreting market. These accolades show our commitment to our mission: helping people communicate when it matters most. We are excited about continued growth and innovation opportunities by leveraging our expertise, technology advancements, and expanded resources.
To learn more about GLOBO's innovative services and how we can help your organization communicate across languages, request a demo today.