The global digital pen market is anticipated to grow at a significant CAGR of 9.8% during the forecast period. The digital pen is a device that captures handwriting and converts handwritten information into digital data. Currently, industries across the countries are using a digital pen such as BFSI, healthcare, and others, as a tool for errors proof data collection and transfer which is gearing the digital pen market over the forecast period. Companies are launching digital pens for students, professionals, and serious creators of digital content. For instance, in December 2021, Wacom a Japanese manufacturer of interactive pen tablets and displays introduced its new creative pen display to professional and serious creators of digital content.
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Further, Wacom’s Pro Pen 2 has four times greater accuracy and pressure sensitivity than the previous Pro Pen. The improved Pro Pen 2 creates an intuitive, free-flowing experience with virtually lag-free tracking on an anti-glare, etched glass surface that emulates the natural feel and feedback of a traditional pen or brush. In addition, optical bonding greatly reduces parallax for better performance when working with fine lines or details.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Digital Pen Market Report Segment
By Usage
- PC
- Tablet
- Smartphone
By Technology
- Camera Digital Pen
- Accelerometer Digital Pen
- Trackball Digital Pen
- Others
By Applications
- BFSI
- Healthcare
- Government
- Education
- Others (Media & Entertainment and Retail)
Global Digital Pen Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global digital pen market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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