Global electronic translator market was valued at 103.52 Million US$ in 2018 and is projected to reach 143.80 Million US$ by 2024
With the upgrade of global consumption, the popularity of outbound tourism, the increase in international exchanges and landing visas, the global demand for translation has increased, artificial intelligence has provided technical support for translators, and translators came into being. The translator ELP is an e-learning machine that uses computers to implement the conversion of one natural language to another. Generally, refers to the translation of sentences and full text between natural languages. Translators eliminate the gap between different words and languages. However, the quality of its machine translation has been a problem for a long time, and it is still far from the ideal goal.
Segmentation by product types of the electronic translators, there are two types of translators: multi-language translators and single language translators, Global electronic translator market was valued at 103.52 Million US$ in 2018 and is projected to reach 143.80 Million US$ by 2024, at a CAGR of 5.63% during the forecast period.
Key players in global electronic translators market include: Bbkusa, Lexibook , Logbar , Vasco Electronics, ECTACO etc.