| Product | Market Share (%) |
|---|---|
| Phrase Localization Platform | 9.7% |
| XTM Cloud | 9.3% |
| Other | 81.0% |
Phrase's platform is a cloud-based solution designed to streamline the localization and translation process for digital products. It acts as a central hub for managing text strings within software, websites, or video games by extracting them from code repositories or design files for easy translation. The platform includes a comprehensive Translation Management System (TMS) with machine translation, translation memory, and terminology management. It leverages AI for automating tasks such as content import/export, machine translation selection, and quality assurance checks. Phrase offers collaboration tools for project managers, linguists, and developers, and integrates with development tools like GitHub and Figma, as well as content management systems like WordPress and Contentful. Built with robust security and scalability, it can handle large projects and global teams efficiently.
XTM Cloud is the SaaS version of the software, while XTM Suite is the traditionally licenced application for installation on client’s servers.
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