Digital Pen Market
Global Opportunity Analysis and Industry Forecast, 2017-2023
Pages : 242 Publish Date: Jan 2018
Digital Pen Market
“ Growth in disposable income, increase in demand for data integrity, and the increase in investment on digitization by the government drive the adoption of digital pen in the market. Moreover, various benefits offered by digital pen such as data integration, reduced administration & processing cost, and low training & support cost fuel the market. �
Rahul Kumar & Sonia Mutreja Research Analyst, Semiconductor & Electronics at AMR
Digital Pen Market Overview • Digital Pen Market was valued at $326.79 million in 2016, and is projected to reach at $815.78 million by 2023, growing at a CAGR of 14.5% from 2017 to 2023. Digital pen is a writing instrument that allows the user to digitally capture handwritten notes or drawing, provides and used in conjunction with a digital notebook, smartphones, or tablets. Increase in government spending on digitization drives the demand for digital pen. • In 2016, android segment dominated the digital pen market in platform type segment, in terms of revenue. Moreover, camera digital pen segment witnessed significant growth, due to intuitive design, require minimal training, and effortless data transmission facility.
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Digital Pen Market Key Benefits
• The android digital pen market segment accounted for the highest share of the global digital pen market in 2016, growing at a CAGR of 14.40% from 2017 to 2023. • Camera digital pen generated the highest revenue, accounting for $122.4 million in 2016. • The others segment across the end user is expected to dominate the market, in terms of market share, during the forecast period.
Digital Pen Market By Geography
Digital Pen Market Top Imapacting Factors
Key Players In Industry • • • • • • • • • •
Apple Inc. Canon Inc. Hanvon Technology Co. Ltd HP Enterprise Development Livescribe Inc. Moleskine NeoLab Convergence, Inc. Toshiba Corporation Wacom Xcallibre. .
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Digital Pen Market Segments • By Platform Type • Android • iOS • Windows • By Technology
Digital Pen Market • Camera Digital Pen • Accelerometer Digital Pen • Trackball Digital Pen • Others (Active digital pen and Positional digital pen)
Digital Pen Market By Geography North America, Europe, Asia-Pacific, LAMEA
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