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The below infographic contains key findings from our analysis of the electronic translator market
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Electronic translators are an ideal tool to deliver content with rich media while enhancing the quality of education and improving the level of interactions in classrooms. The adoption of electronic translators has also increased owing to the rapidly increasing popularity of e-learning allowing educators to use latest technology and tools such as pocket translator, electronic language translator, and translating earbuds. Virtual learning and distance education are getting promoted among various stakeholders of the education sector so that learning does not get limited to classrooms. The process of distance education through video lectures, webinars, and live sessions will further propel the demand for electronic translators in the long run. Technavio’s market research analysis identifies the continuous emergence of virtual learning and e-learning as one of the primary driving factors for the growth of this market during the next few years. According to our market research analysts, this market will register a revenue of more than USD 129 million by 2022.
The continuously growing popularity of gamification among professionals is gaining traction in the market owing to its ability to help them in developing creative skills and gain immersive learning experiences. Lowering costs of video production and promotion with the emergence of web resources and utilization of bandwidth have encouraged professionals to use interactive methods through puzzles, online questionnaires, and video learning games, which will eventually propel the growth of the market throughout the forecast period.
The electronic translators market is characterized by the presence of both international and regional players. The growing popularity of the outbound tourism industry is increasing the demand for electronic translators. This is inducing manufacturers in this digital translator market to focus on expanding their product portfolio and offer products such as instant translation devices and handheld language translators. To help clients sustain and improve their revenue in this competitive market, this market research report offers information on the products offered by companies and the strategies they follow. Additionally, the report also provides an in-depth analysis of the market’s competitive landscape.
This research report provides an analysis of various companies in the electronic translators market including:
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During 2017, the demand for multi-language translators was more than the demand for single language translators. According to our market research experts, the multi-language translators segment will account for the maximum digital translator market share throughout the forecast period.
Electronic translators were mainly used by the tourism sector during 2017. With the growth of the tourism industry, the segment will continue to account for the maximum portable translator market share during the next few years as well.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 08: MARKET SEGMENTATION BY FEATURES
PART 09: MARKET SEGMENTATION BY PRODUCT TYPE
PART 10: CUSTOMER LANDSCAPE
PART 11: REGIONAL LANDSCAPE
PART 12: DECISION FRAMEWORK
PART 13: DRIVERS AND CHALLENGES
PART 14: MARKET TRENDS
PART 15: VENDOR LANDSCAPE
PART 16: VENDOR ANALYSIS
PART 17: APPENDIX
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