The global wearable translator market size was valued at USD XX million in 2017 and is expected to witness a CAGR of XX% during the forecast period. Wearable Translators are devices that support speech conversion in real-time. The wearable translators are equipped with technology that is independent of internet connection. It is gaining popularity as it does not require the user has to download the app and different languages as per his/her requirement thereby consuming phone memory.
The wearable translator possess tremendous battery backup of 24 hours when charged fully. As this device is not connected to the internet, battery drain is not an issue faced by the users.
Key Players:The global wearable translator market is consolidate with the presence of only a few players including Bragi, Logbar, and Apple among others
The global wearable translator market is segmented on the basis of component, end-user and region. On the basis of end user the global wearable translator market is segmented into travel, tourism, business, retail and others. Based on component the global wearable translator market is bifurcated into hardware, software and services.
The global wearable translator market by region segmented into North America, Europe, Latin America, Asia-Pacific and Middle East & Africa.
Wearable Translator Market Key Segments:
On the Basis of End-user:
On the basis of Component:
On the Basis of Region:
Rest of Europe
Rest of Asia-Pacific
Rest of Latin America
Middle East and Africa (MEA)
Rest of MEA
The wearable translator market is primarily driven by the consumer need for translating a foreign language in real-time with a view to enhance the end-user experience. Also, fast paced rise in offline memory advancement to fulfil the rising customer needs is expected to propel the growth of wearable translator market during the forecast period. The usage of wearable devices also has several functionality advantages which include good battery life, wide array of offline recognition phrases, voice activation, updates on various languages, and convenient language switching among other, thereby rendering the wearable translators a significant device. The market is gaining increasing significance among developers as these wearables present a unique opportunities to help gain universal accessibility for disabled people