Modern translation management systems (TMSes) that are built for enterprises have evolved far beyond table stakes translation functions, enabling customers to support accurate, automated, on-brand localization AI across all functions and applications. “The Forrester Wave™: Translation Management Systems, Q3 2025” explored the varying strategies of 12 vendors striving to help enterprises scale their localization efforts. This report outlines some of the more notable patterns and differentiators that emerged from Forrester’s evaluation, insights about customer benefits and frustrations, and recommendations for next best actions.