The global electronic dictionary market is anticipated to be valued at US$ 5,125.5 Million in 2022, forecast to grow at a CAGR of 10.9% to be valued at US$ 14,455.9 Million from 2022 to 2032. Growth is attributed to the increasing adoption of smart learning concepts. From 2016-2021 a CAGR of 9.5% was registered for the electronic dictionary market.
An electronic dictionary, also known as a digital dictionary, is a device or software program that provides definitions and translations of words, phrases, and other language elements. The electronic dictionary market has seen significant growth in recent years due to the increasing demand for portable, user-friendly language learning tools.
Some popular electronic dictionaries include the Amazon Kindle’s built-in dictionary, the Franklin Electronic Dictionary, and the Oxford Electronic Dictionary. Electronic dictionaries can be handheld devices, mobile apps, or software programs that run on personal computers.
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The advantages of electronic dictionaries include their portability, ability to search for words quickly, and access to a large database of definitions and translations. They can also include features such as pronunciation guides, grammatical information, and synonyms and antonyms.
Global Electronic Dictionary Market: Regional Trend
Increasing awareness about education and government initiatives for Rural Education Programs (REP)in emerging economies such as India are coupled together to drive the growth of the Electronic Dictionary market in the Asia Pacific region.
Also, the government of various countries such as UEA is focusing on Educational Tablet Initiatives, which is the other crucial factor, which can spur the demand for electronic dictionary market, in the respective region.
North America is a technology adopter region and also increase in inclination towards smart learning is encouraging the adoption of the Electronic Dictionary market, due to this, the North American region is anticipated to showcase a significant growth rate with respect to the electronic dictionary market in forthcoming years.
Market Competition
Some of the key participants present in the global electronic dictionary market include
- 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, and
- Sharp Corporation among others.
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Key Segments Profiled in the Electronic Dictionary Industry Survey
Electronic Dictionary Market by Display Type:
- LCD Electronic Dictionary
- Keyboard Electronic Dictionary
- Stylus Electronic Dictionary
- Touch Display Electronic Dictionary
- Others Electronic Dictionary Displays
Electronic Dictionary Market by End User:
- School-Level Electronic Dictionaries
- College Level Electronic Dictionaries
- Post Graduate Level Electronic Dictionaries
- Professional Electronic Dictionaries
- Electronic Dictionary for Other End Users
Electronic Dictionary Market by Region:
- North America Electronic Dictionary Market
- Latin America Electronic Dictionary Market
- Europe Electronic Dictionary Market
- Middle East and Africa Electronic Dictionary Market
- Asia Pacific Electronic Dictionary Market
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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