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Vancouver, British Columbia, Canada, 2009/07/10 - WordLogic Corporation, announces that the worldwide market for its innovative predictive text solution is expected to exceed six billion users, according to a review conducted by Axios Consulting.
WordLogic Corporation, a leading-edge technology company developing advanced methods of text and information entry, announces that the worldwide market for its innovative predictive text solution is expected to exceed six billion users, according to a review conducted by Axios Consulting.
The detailed Technology and Market review demonstrates the viability of WordLogic's innovative product and will help the company to optimize product offerings and strengthen market position.
The market in predictive text software is flourishing according to the review. Advances in technology have seen the emergence of a wealth of devices and software programs showing notable gains in consumer needs for text input applications and thus accelerating the demand for WordLogic's predictive text solution.
The review, published in May 2009, reveals that the overall market potential for WordLogic technology includes practically any computing device or method into which or whereby text is entered and manipulated. Over 63 million personal computers (PCs) were sold world wide in 2008. In addition to over 1 billion PCs already deployed, this represents billions of dollars of equipment all of which requires text input and management, presenting a significant market opportunity for WordLogic technology participation.
The review also confirmed that the number of mobile phone users is increasing year on year; there are currently 4 billion subscribers worldwide. With over 84% of the U.S. population owning mobile phones and more than 26 million using a smart phone device, the market has seen a steady rise in the popularity of text-messaging, email and internet surfing. Consumers are unsurprisingly demanding text in-put solutions to support advancing mobile phone applications. With competition in the field heating up, being able to introduce technology and user interface enhancements is imperative. The convergence of text-input intensive programs indicates opportunity for WordLogic to become established as the leading text input and manipulation software for mobile phones due to its superior ease of use and speed as well as its relatively small footprint.
The new report also demonstrates that WordLogic technology has been adapted by satisfied customers suffering from dyslexia. On the basis of 15% of the US and worldwide population being dyslexic, the report calculates that the potential worldwide dyslexia market for WordLogic's solution is over 1 billion customers. It is also estimated that over 1 billion people are currently learning English, representing a further niche market for the corporation to pursue.
The review concludes that when compared with all other predictive text software on the market, it is clear that the WordLogic technology provides the fastest, most powerful and accurate, yet easy-to-use method for entry and management of text via tactile input method that is available today.
Frank Evanshen, CEO and Chairman of WordLogic Corporation says: "It is important for WordLogic to identify clearly our market opportunities. This review has confirmed there is a highly viable market for our predictive text solution, especially in the Dyslexia market and its recommendations will ensure WordLogic continues to be at the forefront of the industry."
WordLogic Corporation is a computer software company that delivers predictive text software solutions which increase the speed and ease of text entry into personal computing devices and for which provide advanced tools for access, manipulation and management of information. The core of WordLogic technology is a word-and-phrase text prediction engine. Upon entry of a single letter the system offers a list of completion candidates which can be rapidly selected and inserted into the text, or used as the basis of multi-level branching searches to locate related words and phrases.
About WordLogic Corporation
Headquartered in Vancouver, BC WordLogic Corporation (wordlogic.com) is a leading-edge technology company developing advanced methods of text and information entry into personal computing devices ranging from small handheld Mobile devices to Tablet and Desktop computers. WordLogic has several patents granted on its current products with several new applications currently under consideration.
For further press information please contact: Celine Callender, The Scott Partnership, 1 Whiteside, Station Road, Holmes Chapel, Cheshire CW4 8AA, United Kingdom T: +44 1477 539 539 F: +44 1477 539 540 E: wordlogic[.]scottpr.com