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The Electronic Dictionary Market is expected to reach approximately USD 8 Billion by 2023 | Global Industry analysis by Major Companies like canon Electronic Business Machines (Hongkong), Ectaco Inc. (U.S.), Inventec Besta Co.

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Chaitali Mahajan
The Electronic Dictionary Market is expected to reach approximately USD 8 Billion by 2023 | Global Industry analysis by Major Companies like canon Electronic Business Machines (Hongkong), Ectaco Inc. (U.S.), Inventec Besta Co.

According to Market Research Future Analysis, The electronic dictionary market is expected to grow at approximately USD 8 Billion by 2023, at 15% of CAGR between 2017 and 2023. 

Electronic dictionaries are available in different screen sizes that includes 2.0 inches, 2.0 -2.8 inches, 2.8-3.2 inches, 3.2-4.0 inches and 4.0 inches and above. The electronic dictionary available in different screen sizes enable users by offering better visibility and big picture. Student’s electronic dictionary comprises of numerous features that includes number of learning tools, it consists of language games and colorful designs. It also consists of memory games such as word list and flashcard.

By type segment electronic dictionary market includes student dictionaries, business and travel dictionaries and professional electronic dictionaries. Travel and business dictionaries includes number of languages. The most languages found in travel dictionary are English, German, French and Spanish. The expensive electronic dictionary models consists of additional language including this. The professional electronic dictionaries are capable of carrying out all the operations a normal laptop or smartphone can do. It comprises of language teaching software, grammar references, voice recording, voice recognition software, email and fax capabilities and many more functions.

Sharp Electronics consists of range of electronic dictionary products with cutting edge technology. Noah Technology Holding is one of the major player in electronic dictionary market that comprises of dynamic factors that includes digitally sound pronunciation, wide screen, big vision, non-reflective screen and offers clear visibility.

The electronics dictionary market is growing rapidly because of the advancements in information and demand for high-tech education system. Lack of awareness and lack of technology adoption in developing regions regarding electronic dictionary is expected to hinder the growth of this market. Limited funding by the user is expected to hamper the growth of electronic dictionary market. The other restraints in the growth of virtual classroom market are competition from existing methods, models of education and lack of digital competency among the institutes that impart knowledge. 

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Market Research Future (MRFR) recognizes the following companies as the key players in the electronic dictionary market - Canon Electronic Business Machines (Hongkong), Ectaco Inc. (U.S.), Inventec Besta Co., Ltd. (Taiwan), Sharp Electronics (U.K.), Noah Technology Holding (China), Casio Computer Co., Ltd. (Japan), Alfa Link (P.T. Freshindo Marketama) (Indonesia), IFLYTEK (China), Wisebrave (China), Hanvon (China) among others.

Commenting on the report, an analyst from Market Research Future (MRFR)’s team said:  

By end-user segment, electronic dictionary market consists of pupil, middle school students, college students, post graduate students and others. Students now a days used both portable and online version of electronic dictionaries to improve their English language proficiency. It helps them in improving their vocabulary and facilitate them with feature that helps them to save the last word they searched.

By region, MRFR analysis shows that Asia-Pacific region accounts for largest market share in electronic dictionary owing to growing e-learning industry in the region. Asia-Pacific region is constantly investing into research and development of electronic dictionary market to directly address the growth of educational institutes. The rising number of foreign universities in the region is fuelling the market in the region. Europe region is one of the prominent player in electronic dictionary market that helps students better understand the regional language coming from foreign nations.

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Market Research Future (MRFR) publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit-https://www.marketresearchfuture.com/reports/electronic-dictionary-market-4042

Major Highlights of TOC Covers:

  1. Executive Summary
  2. Key Business Trends
  3. Regional Trends and Growth
  4. Product Trends
  5. End-use Trends
  6. Definition and Forecast Parameters
  7. Electronic dictionary Market Segmentation
  8. Electronic dictionary Market Landscape
  9. Vendor Matrix
  10. Company Profiles
  11. Business Overview
  12. Financial Data
  13. Product Landscape
  14. Strategic Outlook
  15. SWOT Analysis
  16. Regional Electronic dictionary Market Share
  17. Country Electronic dictionary Market Share
  18. Revenue and Sales Forecast

 

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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