Global Electronic Dictionary Market 2016-2020
About Electronic Dictionary
An electronic dictionary refers to a digital format dictionary, from which the data can be accessed through a variety of media. Electronic dictionaries are available in different forms such as dedicated handheld devices, mobile apps on smartphones and tablets, computer software, in-built function in e-readers, CD-ROMs, and DVD-ROMs. This report only focuses on dedicated handheld devices. Electronic dictionary databases are often extensive and can contain up to 500,000 headwords and definitions, verb conjugation tables, and a grammar reference sections. In general, the bilingual electronic dictionaries and monolingual dictionaries of different languages include an interactive verb conjugator, and these dictionaries are capable of word stemming and lemmatization.
Technavio’s analysts forecast the global electronic dictionary market to reach a revenue of USD 104.5 million during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global electronic dictionary market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the shipment of electronic dictionaries or pocket electronic dictionaries.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Electronic Dictionary Market 2016-2020
Technavio recognizes the following companies as the key players in the global electronic dictionary market: Casio Computer
Other Prominent Vendors in the market are: Alfa Link (P.T. Freshindo Marketama Corp.), Canon Electronic Business Machines (H.K.), ECTACO, Instadict, Inventec Besta, Noah Technology Holding, and Sharp Electronics
Commenting on the report, an analyst from Technavio’s team said that outsourcing of e-learning content is one of the trends spurring growth for the market. Online education providers and organizations outsource their needs for e-learning content. Different software enables the easy accessibility of online educational content developed by the companies for the educational institutes. There is a host of companies that develop e-learning content for other online educational providers. Earlier, it was done by the companies themselves. However, the process was time consuming, required the expertise of skilled professionals, and was expensive. As a result, the demand for outsourcing of e-learning content to professional agencies has increased rather than developing it in-house.
According to the report, growing need for interactive learning methods is a key driver aiding to the growth of this market. The increased use of computers and the growing need for computer skills in workforce have forced the governments worldwide to create an interactive learning environment to ensure that students are prepared to meet the industry's demands. The demand for interactive display systems is high in schools and graduate courses because of the growing use of mobile devices such as electronic dictionaries, particularly in Asian countries such as Japan and China. The students and teachers prefer display devices as these can offer a wide range of aligned services and help to increase the performance level. The increased demand for display devices such as LCDs, LED displays, and e-paper are driving the growth of the global electronic dictionary market.
Further, the report states that increased use of mobile devices in education is challenge the market is facing. Semiconductor manufacturing equipment is expensive. With advances in technology in the education sector, textbooks are gradually being replaced by digital devices such as PCs, tablets, and laptops. This leads to the development of more functional applications in the field of education. Tablets are one of the most advanced and user-friendly digital modes used in the learning process. Tablets have changed the method of interaction and communication among teachers and students. Tablets allow the storage of a large volume of information that a student can access at any time. At a secondary or higher education level, tablets reduce the need for a student to refer to many textbooks for each subject.
Casio Computer, Alfa Link (P.T. Freshindo Marketama Corp.), Canon Electronic Business Machines (H.K.), ECTACO, Instadict, Inventec Besta, Noah Technology Holding, Sharp Electronics
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook