LONDON--(BUSINESS WIRE)--Technavio has announced the top eight leading vendors in their recent global electronic dictionary market 2016-2020 report.
Competitive vendor landscape
According to the report, the global electronic dictionary market is moving toward consolidation, which indicates that the market is saturated. Vendors in the market are actually stopping production of electronic dictionaries as they are seeing reduced demand for electronic dictionaries. For instance, Seiko Instruments, one of the leading vendors in the electronic dictionary market, announced its withdrawal from its electronic dictionary business in 2015.
Thus, the competition among the vendors operating in the market is very high and will increase over the next few years. Factors such as availability of few customers in the market, rapid advances in technology, and high availability of alternatives such as mobile devices are intensifying the competition among the vendors. Casio Computer is the prominent vendor in the global electronic dictionary market. Other prominent vendors in this market are Alfa Link (P.T. Freshindo Marketama), Canon Electronic Business Machines, ECTACO, Instadict, Inventec Besta, Noah Technology Holding, and Sharp Electronics.
“Vendors operating in the market opt for the omni-channel approach to sell their products. Most of the small-scale vendors sell their products through value-added resellers or e-commerce retailers. Travelers are also the target market for electronic dictionaries, but the key focus of the vendors being on the education sector has resulted in restricting the target consumers to the education sector only,” says Sunil Kumar Singh, a lead embedded systems analyst from Technavio.
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Technavio hardware and semiconductor research analysts provide the following insights about the vendors:
Casio Computer
Casio Computer offers calculators, watches, electronic musical instruments, digital cameras, and electronic cash registers worldwide. The company also provides pocket, scientific, desk, financial, printing, graphical, and educational calculators; label and disk title printers; projectors; educational products, such as math and science, digital imaging, and presentation tools; mobile phones; electronic dictionaries, and point of sale hospitality software.
Alfa Link (P.T. Freshindo Marketama Corp.)
The company is the largest distributor of electronic dictionaries, electronic Bibles, electronic Al Quran, organizers, calculators, and other miscellaneous office products in Indonesia. The company focuses on delivering superior customer service.
Canon Electronic Business Machines (H.K.)
The company is a prominent vendor that provides electronic dictionaries, which was earlier done by the personal information products division of Canon Inc. Japan.
ECTACO
The company is involved in developing and manufacturing electronic handheld dictionaries, translation software, and eBook readers for students and teachers. ECTACO is known for its language learning products for different languages. It provides portable devices for its users to learn a language, such as talking electronic dictionaries, non-talking electronic dictionaries, travel electronic dictionaries, speech-to-speech electronic interpreters, and English dictionary software including military, law enforcement, and medical models.
Instadict
The company is one of the leading manufacturers of electronic education devices in China. It manufactures talking electronic dictionaries such as the English-Chinese talking electronic dictionary and a two-way English-Chinese talking dictionary. Some of its electronic dictionaries include EC608, EC810, and ED2100C.
Inventec Besta
The company provides digital learning products, including cloud and computer dictionaries. It also offers digital life products, such as car digital voice recorders (DVRs), driving recorders, black boxes and other products.
In addition, the company offers enterprise cloud products, such as iCOSA for enterprise private cloud file sharing and synchronization solution; cloud servers; and cloud storage servers, as well as smart home systems and tire pressure monitoring systems.
Noah Technology Holding
The company is one of the major developers and manufacturers of electronic education products in China. It manufactures a series of distinct educational electronic products, which include electronic dictionaries, foreign language learning systems, and network-aided learning systems.
Sharp Electronics
The company offers electronic products and solutions across the globe. The company also provides business products, which include interactive display systems, document systems, and professional displays. Furthermore, the company offers POS systems such as electronic cash registers, calculators, electronic dictionaries, microelectronic devices, professional multimedia projectors, and LCD monitors. The company sells its products through authorized dealers as well as online.
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