Global Electronic Translators Market 2018-2022

Published: Apr 2018 Pages: 128 SKU: IRTNTR20571

The below infographic contains key findings from our analysis of the electronic translator market

 

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Overview of the electronic translators market

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.

Companies covered

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:

  • BBKUSA.com
  • ECTACO
  • LEXIBOOK
  • LOGBAR
  • Vasco Electronics

 

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Segmentation by product and analysis of the electronic translators market

  • Multi-language translators
  • Single language translators

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.

Segmentation by application and analysis of the electronic translators market

  • Tourism
  • Professional
  • Education

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.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2022?
  • What are the key factors driving the global electronic translators market?
  • What are the key market trends impacting the growth of the global electronic translators market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global electronic translators market?
  • What are the market opportunities and threats faced by the vendors in the global electronic translators market?
  • What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
  • What are the key outcomes of the five forces analysis of the global electronic translators market?​

 

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 07: MARKET SEGMENTATION BY APPLICATION

  • Segmentation by application
  • Comparison by application
  • Tourism – Market size and forecast 2017-2022
  • Professional – Market size and forecast 2017-2022
  • Education – Market size and forecast 2017-2022
  • Market opportunity by application

PART 08: MARKET SEGMENTATION BY FEATURES

  • Segmentation by features
  • Comparison by features
  • By voice– Market size and forecast 2017-2022
  • By typing– Market size and forecast 2017-2022
  • By scanning– Market size and forecast 2017-2022
  • Market opportunity by features

PART 09: MARKET SEGMENTATION BY PRODUCT TYPE

  • Segmentation by product type
  • Comparison by product type
  • Multi-language – Market size and forecast 2017-2022
  • Single-language translators– Market size and forecast 2017-2022
  • Market opportunity by product type

PART 10: CUSTOMER LANDSCAPE

PART 11: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • EMEA – Market size and forecast 2017-2022
  • APAC – Market size and forecast 2017-2022
  • Americas – Market size and forecast 2017-2022
  • Market opportunity

PART 12: DECISION FRAMEWORK

PART 13: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 14: MARKET TRENDS

  • Popularity of gamification among professionals
  • Growing popularity of the tourism industry
  • Growing demand for MOOCs

PART 15: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 16: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • BBKUSA.com
  • ECTACO
  • LEXIBOOK
  • LOGBAR
  • Vasco Electronics

PART 17: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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