Wearable Translator Market to Witness Stellar CAGR During the Forecast Period 2025
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The primary driver for the wearable translator is the need for real-time translation of one language to other to improve end-user experience. Furthermore, a rapid increase in offline memory development to fulfil escalating customer requirements will also contribute to the growth of wearable Translator market. Some other advantages like good battery life, voice activation, more than 50,000 words and phrases offline recognition, updates on different languages, easy switching of languages and many other make it a market going out for.
However, the high cost of the device hampers the market growth as most of the applications on the play store supported by the Android operating system are free to use.The other issue which comes up is that the devices are coming up with less number of languages and the words which generally associate with travelling. The new languages for the devices have to be bought for use.
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The major wearable translator vendor is Logbar Inc., who launched its product named ili. There is only one major competitor in the market till date.
The global Wearable Translator market is segmented on the basis of component,end-user and region. On the basis of end userthe Wearable Translator market is classified into travel, tourism, business, retailand others. Based on Component the Wearable Translator market is bifurcated into hardware, software and Services.
Wearable Translator market by region segmented into North America, Europe, Latin America, Asia-Pacific and Middle East & Africa.
Market segmented on the basis of Component:
Market segmented on the basis of end-user:
Market segmented on the basis of region:
– North America
• Rest of Europe
• Rest of Asia-Pacific
– Latin America
• Rest of Latin America
– Middle East and Africa (MEA)
• South Africa
• Saudi Arabia
• Rest of MEA
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Related Report : https://www.trendsmarketresearch.com/report/wearable-digital-walkie-talkie-market
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