Pen Tablet Market to 2027 - Global Analysis and Forecasts by Pressure Level (1024 Level, 2048 Level, 4096 Level, and 8192 Level); End-Use (Illustrators, Animators, Photographers & Graphic Designers; Architects, Engineers & Industrial design; Medical & Healthcare; Education & Training; and Others)
The global pen tablet market is accounted to US$ 348.8 Mn in 2018 and is expected to grow at a CAGR of 9.8% during the forecast period 2019 - 2027, to account to US$ 803.9 Mn by 2027. The global pen tablet market is experiencing steady growth in the forecast period on account of rapid expansion in digital content creation in countries like US, Japan, and especially China and rising animation and designing industry worldwide. Also, an exponential rise in the number of digital artists in various industry verticals such as graphic designing, fashion designing, and architectural and industrial designing is expected to drive the pen tablet market significantly. Rising disposable income of consumers and demand for technologically advanced features in pen tablets in multiple sectors is another factor fuelling the demand for pen tablets. The blend of all the above factors is projected to boost the global pen tablet market.
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