Huge Demand for Language Translating Device
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The language translating devices market is experiencing tremendous technological alterations, which are quickening sales of language devices across the world. The increased investments on AI (artificial intelligence) and IoT (internet of things) and availability of real-time language translation capabilities, has helped the market to increase revenues significantly. The emergence of innovative technology in these devices is having a reflective effect on product manufacturing, designs, development, sales, marketing, and the aftersales market. The merging of AI and machine learning technology with language translating devices are expected to boost the growth of the language translating devices market.
The increase in travel and tourism activities, including leisure travel, vacations are the factors driving the growth of the language translating devices market. However, growing medical tourism across boundaries is one of the prime factors fueling the growth of the language translating devices market. The market in medical tourism has affected language device manufacturers in terms of product offerings and has also generated new opportunities for global as well as local companies, thus driving the language translating devices market.
The global language translating device market is segmented on the basis of type, operational model, distribution channel. On the basis of type, the market is segmented as wearable devices, handheld devices. On the basis of operational model, the market is segmented as online, offline. On the basis of distribution channel, the market is segmented as e-commerce, retail stores.
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