Global Electronic Dictionary Market Size By Type (Business, and Travel Dictionaries), By Type of Display (Computer Software, CD and DVD ROMs, Keyboards, and Stylus), By Geographic Scope And Forecast
Published on: 2024-08-01 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Electronic Dictionary Market Size By Type (Business, and Travel Dictionaries), By Type of Display (Computer Software, CD and DVD ROMs, Keyboards, and Stylus), By Geographic Scope And Forecast
Electronic Dictionary Market Size And Forecast
Electronic Dictionary Market size was valued at USD 8.3 Billion in 2024 and is projected to reach USD 20.4 Billion by 2031, growing at a CAGR of 11.2% during the forecast period 2024-2031.
An electronic dictionary is a digital form of the dictionary, which can be accessed via various media such as LCD, Stylus, and others. The electronic dictionary can be available in various forms such as apps on tablet computers, & smartphones, the embedded feature of E-reader, dedicated handheld devices, paid online products, and others. The Global Electronic Dictionary Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Electronic Dictionary Market Definition
With a motive to improvise the reading and writing skills of students, they are encouraged to make use of the electronic dictionary on the large scale. The use of electronic devices is not only restricted to this area. Instead, they can also be used in the form of a language translation feature that helps in getting a better understanding of the various meanings of words. This device is also used by special children and helps in catering to specific kinds of learning disabilities along with helping them overcome various facial and behavioral challenges and treating intellectual impairment. It helps in facilitating the students by providing them with words that have a similar context or meaning when it comes to their usage. Also, this is a great way in making students self-reliant. Also, this increases the ability of the students to be more independent and enhances their learning abilities.
The availability of electronic dictionaries in various formats like handheld devices, installation of mobile applications on various smartphones and tablets, CD-ROMs, computer software, e-readers, and in-built applications supporting online reading along with DVD-ROMs are acting as great scope for the market for the future forecasted time to come. The electronic dictionaries can help and support the viewing of as many as 500,000 headwords, compiled with the definitions, conjugation table, reference for grammar section, antonyms and synonyms translation, language assistance, word meanings, and other forms of translation activities are a part of these. Owing to all these advantages and benefits, the market is likely to grow at a steering rate by the end of the global forecast year of 2023.
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Global Electronic Dictionary Market Overview
The major drivers that are driving a major and widespread demand for the market are the growing need for fluency in the English language and having a better vocabulary and understanding of the meaning of a complex world. English is gaining a lot of recognition and acceptance and hence, parents are driving their children to read more of it and build a strong vocabulary. Also, this is increasing the competition which in turn, is letting the target audience organically demand electronic dictionaries in a considerable quantum in various major geographies of the world. The rising awareness and promotion amongst children of real physical books is a matter of concern. Also, students are facing a lot of virtual issues due to high exposure to digital devices is likely to hamper the growth market. Parents are very careful and hence, try to expose children to electronic devices by any means for a limited time only. The growing healthcare concerns are also acting as a major challenge for the market to grow by the end of the global forecast period.
An increase in penetration towards adaptation of smart learning concepts is the major factor driving the growth of the electronic dictionary market. Further, the increase in the trend toward outsourcing e-learning is another factor driving the growth of the electronic dictionary market during the forecast period. The emerging concept of smart learning to promote interactive learning coupled with increasing schools initiatives to offer better education & learning infrastructures to students is another factor thriving the growth of the electronic dictionary market in the forthcoming years.
However, the use of the electronic dictionary may increase the involvement of mobile phones in education, which may act as distributing agent in the classroom and act as a challenge to the growth of the electronic dictionary market. Strict school laws related to the usage of smartphones in the classroom can assist schools and colleges in overcoming the above-mentioned challenge.
Global Electronic Dictionary MarketSegmentation Analysis
The Global Electronic Dictionary Market is segmented on the basis of Type, Type of Display, and Geography.
Electronic Dictionary Market, By Type
- Business
- Travel Dictionaries
Global Electronic Dictionary Market is segmented into Business, and Travel Dictionaries on basis of Type. Travel Dictionaries, one of the segments analyzed in the report is projected to grow at an XX% CAGR by the end of the analysis period. ESP students prefer electronic reference tools which they find cost-effective and reliable (most of them are free or affordable). Teachers and instructors should select electronic reference tools and test them for reliability, user-friendliness and availability. ESP students regard the dictionary to use as a useful activity as it teaches them how to look up words and how to interpret the definitions they find.
Electronic Dictionary Market, By Type of Display
- Touch display
- LCDs
- Computer software
- CD and DVD ROMs
- Keyboards and stylus
- Others
Global Electronic Dictionary Market is segmented into The Electronic Dictionaries that can be displayed on the touch display, LCDs, Computer software, CD and DVD ROMs, Keyboards, and stylus, amongst others. The electronic device has a relatively large display area and its keys are spread apart so that they may be readily operated by the fingers of either hand. The device utilizes a specially arranged keyboard with an alphabetical sequence of the letters, but with the vowels positioned so that they start and end each row. In addition, certain vowels are repeated on the keyboard’s left and right sides.
Electronic Dictionary Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of regional analysis, the Global Electronic Dictionary Market is classified into North America, Europe, Asia Pacific, and Rest of the world. The electronic dictionary industry is functional in regions like the APAC region, Europe, and the North American market along with the nations belonging to the rest of the world. The APAC region is likely to have the maximum market share in the global market. The main reason behind this that is influencing the market operations is the considerable growth of the e-learning industry in the particular region.
Key Players
The “Global Electronic Dictionary Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Casio Computer Co. Ltd., P.T. Freshindo Marketama Corporation (Alfa Link), Canon Electronic Business Machines (H.K.) Co. Ltd., ECTACO Inc., APKPure, Inventec Besta Co.Ltd., Noah Technology Holding, Merriam-Webster, Incorporated, Vasco Electronics LLC, Sharp Corporation.
Key Developments
- In Ectaco Inc. (a US company) is emerging as one of the biggest manufacturers of electronic dictionaries that helps in providing word meanings in as many as 26 languages.
- Many regional markets across the world are developing electronic dictionaries that consist of 20 lakh database-related features.
- Hanvon is emerging as another leader in the manufacturing company that is aiming to develop a dictionary pen that is likely to help provide meanings of difficult words in as many as 8 different languages.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2021-2031 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | 2021-2023 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | Casio Computer Co. Ltd., P.T. Freshindo Marketama Corporation (Alfa Link), Canon Electronic Business Machines (H.K.) Co. Ltd., ECTACO Inc., APKPure, & Others |
SEGMENTS COVERED |
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CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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