We are pleased to announce that Hansem EUG continues to be recognized internationally as a leading Language Service Provider (LSP). Our company has again featured in the 2015 Top 50 Global language providers based on the annual research conducted by Common Sense Advisory, an independent market research company.
In the press release that accompanied the report, Common Sense Advisory advised that the language services and technology market had exceeded US$38 billion this year and was experiencing annual growth of 6.46%. Of particular interest to us and our customers is the strong growth in Asia and Northern Europe, a measurable indication that demand for language services in our region is increasing.
The report contains comprehensive information about the industry and provides data for the overall sector and for specific companies. Common Sense Advisory has provided summaries of key data sets. Two interesting sets are the Global dataset that includes Hansem EUG in the Top 50 LSPs globally and the Asian Market dataset that ranks us ninth in the region.
2015 marks our 25th anniversary of providing language, localization, and technical communication services. Hansem EUG delivers translation, localization, and a wide range of user content solutions to a broad base of customers. We have recently expanded our regional presence by setting up offices in Beijing and Ho Chi Minh City.
We would like to thank all of our customers and business partners for their support in helping us to achieve this recognition.