The principle enterprise languages revealed in 2021
It’s no surprise to say that the future of the economy is global. By 2025, nearly 50% of the world’s largest companies will be based in emerging markets. While the English language is widely used throughout the business world, communicating in English can only have major disadvantages in today’s markets. Since most markets have been opened internationally due to globalization, there is a lot of competition. The ability to speak in multiple languages allows your company to overcome both cultural and linguistic barriers. You will likely make a better first impression if you communicate in at least one other language because it shows respect and interest in your target culture.
To help your business on its way to global expansion, Sergio Afonso, translation expert and founder of Absolute Translations, unveiled the five languages that will be beneficial for business growth in 2021.
If you want to communicate effectively in business, you need to consider doing so in a number of languages
With China’s rapidly growing economy, Simplified Chinese is the business language of the future. It has a total of 1.3 billion native speakers as well as a large community of people within the corporate world who speak the language. If you want to trade in China, we recommend that you either learn Mandarin or use Mandarin translation services to give you a serious advantage in the market.
Of all the countries in Europe, Germany has a thriving economy and promising growth prospects – despite the effects of the global recession and Covid-19. In fact, apart from the USA, Germany is the largest export market for British goods. It is therefore important for British companies to take into account the use of the German language when communicating with their German partners.
Arabic is the fifth most widely spoken language in the world and provides a gateway to the Middle East, where business opportunities abound. However, in many Middle Eastern countries, you will find that many business people only speak Arabic. As a result, UK businesses looking to thrive in this region will want to use the language to gain an edge over their competitors.
The ability to speak in multiple languages allows your company to overcome both cultural and linguistic barriers
After Mandarin, Spanish is one of the most popular languages in the world and is spoken by over 420 million native speakers in 44 countries. One of these countries is the United States, which is the second largest Spanish-speaking country in the world after Mexico. As the population of the Hispanic population continues to grow, so does their purchasing power, making Spanish an important language for businesses expanding into the United States.
After the Olympic Games in 2016 and the 2014 World Cup in Brazil, the country has massively gained in popularity. As a result, many companies are looking for ways to enter the Brazilian market. With many Portuguese native speakers in Brazil, it is important to communicate in Portuguese with your customers and partners if you are to be successful in the country.