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Handwriting Digital Pen Market Size, Share & Trends Analysis Report by Usage (PC, Tablet, Smartphone), by Application (BFSI, Healthcare, Govt.), by Region (Asia Pacific, North America), and Segment Forecasts, 2021-2028

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    Report

  • 80 Pages
  • June 2021
  • Region: Global
  • Grand View Research
  • ID: 5390511
The global handwriting digital pen market size is anticipated to reach USD 4.78 billion by 2028, registering a CAGR of 8.3% over the forecast period. The implementation of supportive digitalization policies by governments in emerging economies like China and India is expected to push the healthcare and BFSI sectors to use digital pens as a tool for error-proof data collection and transfer. For instance, banking institutions are likely to rely on these devices as they convert manual data into digital content, which makes it easier to maintain the personal information and financial transactions of their customers. In addition, these tools can be used to edit stored data as and when required.

The use of digital pens in the animation industry has increased over the years and will continue to grow unhindered in the coming years. Companies are focusing on launching digital pens for students and professionals in the field of creative arts. For instance, Wacom Cintiq 16 was launched in January 2019 to assist students in digital sketching, illustration, and drawing. The product is embedded with Wacom’s Pro Pen 2 technology. It has 8,192 levels of pressure sensitivity and tilt, which makes it precise and accurate. Another important technology built-in it is Electro-Magnetic Resonance (EMR), which eliminates the need for battery and recharge. Such innovations are estimated to boost product penetration and market growth over the forecast period.

Asia Pacific is a larger contributor to the production of digital pens, compared to Europe and North America. Major market players have been showing increasing interest in the Asia Pacific region owing to the availability of highly skilled labor at low cost, tax waivers on establishing production plants, and trade benefits, which directly boost the profit margin of a company. The majority of manufacturers are located in China, Japan, and South Korea as a result of easy access to electronic raw materials like chips and sensors from domestic raw material suppliers. However, the rising production costs in developed economies, such as Japan and South Korea, in recent years are expected to force industry participants to shift their production bases to developing economies, such as China and India.

Handwriting Digital Pen Market Report Highlights

  • The tablet usage segment is projected to register the fastest CAGR of 8.6% over the forecast period
  • BFSI is projected to be the fastest-growing application segment from 2021 to 2028. On the other hand, the healthcare application segment is expected to account for the highest revenue share by 2028
  • The growing e-commerce sector and increasing preference for online shopping have compelled manufacturers to lean on online distribution for better visibility and greater reach
  • Several manufacturers are increasingly focusing on implementing the direct-to-consumer approach to generate more sales through their online retail platforms

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Handwriting Digital Pen Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Impact of Covid-19 on Handwriting Digital Pen Market
3.4. Industry Value Chain Analysis
3.4.1. Sales/Retail Channel Analysis
3.4.2. Profit Margin Analysis
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Challenges
3.5.4. Industry Opportunities
3.6. Business Environment Analysis
3.6.1. Industry Analysis - Porter’s
3.6.1.1. Supplier Power
3.6.1.2. Buyer Power
3.6.1.3. Substitution Threat
3.6.1.4. Threat from New Entrant
3.6.1.5. Competitive Rivalry
3.7. Roadmap of Handwriting Digital Pen Market
3.8. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations
Chapter 5. Handwriting Digital Pen Market: Usage Estimates & Trend Analysis
5.1. Usage Movement Analysis & Market Share, 2020 & 2028
5.2. PC
5.2.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
5.3. Tablet
5.3.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
5.4. Smartphone
5.4.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
Chapter 6. Handwriting Digital Pen Market: Application Estimates & Trend Analysis
6.1. Application Movement Analysis & Market Share, 2020 & 2028
6.2. BFSI
6.2.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
6.3. Healthcare
6.3.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
6.4. Government
6.4.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
6.5. Media & Entertainment
6.5.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
6.6. Education
6.6.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
6.7. Retail
6.7.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
6.8. Others
6.8.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
Chapter 7. Handwriting Digital Pen Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2020 & 2028
7.2. North America
7.2.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
7.2.2. Market estimates and forecast, by usage, 2016 - 2028 (USD Million; Million Units)
7.2.3. Market estimates and forecast, by application, 2016 - 2028 (USD Million; Million Units)
7.2.4. The U.S.
7.2.4.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
7.2.4.2. Market estimates and forecast, by usage, 2016 - 2028 (USD Million; Million Units)
7.2.4.3. Market estimates and forecast, by application, 2016 - 2028 (USD Million; Million Units)
7.3. Europe
7.3.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
7.3.2. Market estimates and forecast, by usage, 2016 - 2028 (USD Million; Million Units)
7.3.3. Market estimates and forecast, by application, 2016 - 2028 (USD Million; Million Units)
7.3.4. Germany
7.3.4.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
7.3.4.2. Market estimates and forecast, by usage, 2016 - 2028 (USD Million; Million Units)
7.3.4.3. Market estimates and forecast, by application, 2016 - 2028 (USD Million; Million Units)
7.3.5. The U.K.
7.3.5.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
7.3.5.2. Market estimates and forecast, by usage, 2016 - 2028 (USD Million; Million Units)
7.3.5.3. Market estimates and forecast, by application, 2016 - 2028 (USD Million; Million Units)
7.4. Asia Pacific
7.4.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
7.4.2. Market estimates and forecast, by usage, 2016 - 2028 (USD Million; Million Units)
7.4.3. Market estimates and forecast, by application, 2016 - 2028 (USD Million; Million Units)
7.4.4. China
7.4.4.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
7.4.4.2. Market estimates and forecast, by usage, 2016 - 2028 (USD Million; Million Units)
7.4.4.3. Market estimates and forecast, by application, 2016 - 2028 (USD Million; Million Units)
7.4.5. India
7.4.5.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
7.4.5.2. Market estimates and forecast, by usage, 2016 - 2028 (USD Million; Million Units)
7.4.5.3. Market estimates and forecast, by application, 2016 - 2028 (USD Million; Million Units)
7.4.6. Japan
7.4.6.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
7.4.6.2. Market estimates and forecast, by usage, 2016 - 2028 (USD Million; Million Units)
7.4.6.3. Market estimates and forecast, by application, 2016 - 2028 (USD Million; Million Units)
7.5. Central & South America
7.5.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
7.5.2. Market estimates and forecast, by usage, 2016 - 2028 (USD Million; Million Units)
7.5.3. Market estimates and forecast, by application, 2016 - 2028 (USD Million; Million Units)
7.5.4. Brazil
7.5.4.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
7.5.4.2. Market estimates and forecast, by usage, 2016 - 2028 (USD Million; Million Units)
7.5.4.3. Market estimates and forecast, by application, 2016 - 2028 (USD Million; Million Units)
7.6. Middle East & Africa (MEA)
7.6.1. Market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
7.6.2. Market estimates and forecast, by usage, 2016 - 2028 (USD Million; Million Units)
7.6.3. Market estimates and forecast, by application, 2016 - 2028 (USD Million; Million Units)
Chapter 8. Competitive Analysis
8.1. Key Global Players, Recent Developments & Their Impact on The Industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
8.3.1. Key Company Market Share Analysis, 2020
Chapter 9. Company Profiles
9.1. Apple Inc.
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Samsung Electronics Co., Ltd.
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Strategic Initiatives
9.3. Wacom Co., Ltd.
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Strategic Initiatives
9.4. Microsoft Corporation
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Strategic Initiatives
9.5. Huawei Technologies Co., Ltd
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Strategic Initiatives
9.6. Lenovo
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Strategic Initiatives
9.7. Dell Technologies Inc
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Strategic Initiatives
9.8. Hewlett-Packard Development Company, L.P.
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Strategic Initiatives
9.9. Google LLC
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Strategic Initiatives
9.10. Sony Corporation
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Strategic Initiatives
List of Tables
1. Handwriting digital pen - Key market driver analysis
2. Handwriting digital pen - Key market restraint analysis
3. Global PC handwriting digital pen market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
4. Global Tablet handwriting digital pen market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
5. Global smartphone handwriting digital pen market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
6. Global handwriting digital pen market estimates and forecast for BFSI, 2016 - 2028 (USD Million; Million Units)
7. Global handwriting digital pen market estimates and forecast for healthcare, 2016 - 2028 (USD Million; Million Units)
8. Global handwriting digital pen market estimates and forecast for government, 2016 - 2028 (USD Million; Million Units)
9. Global handwriting digital pen market estimates and forecast for media & entertainment, 2016 - 2028 (USD Million; Million Units)
10. Global handwriting digital pen market estimates and forecast for education, 2016 - 2028 (USD Million; Million Units)
11. Global handwriting digital pen market estimates and forecast for retail, 2016 - 2028 (USD Million; Million Units)
12. Global handwriting digital pen market estimates and forecast for others, 2016 - 2028 (USD Million; Million Units)
13. North America Handwriting Digital Pen market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
14. North America Handwriting Digital Pen market revenue estimates and forecast by usage, 2016 - 2028 (USD Million; Million Units)
15. North America Handwriting Digital Pen market revenue estimates and forecast by application, 2016 - 2028 (USD Million; Million Units)
16. The U.S. Handwriting Digital Pen market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
17. The U.S. Handwriting Digital Pen market revenue estimates and forecast by usage, 2016 - 2028 (USD Million; Million Units)
18. The U.S. Handwriting Digital Pen market revenue estimates and forecast by application, 2016 - 2028 (USD Million; Million Units)
19. Europe Handwriting Digital Pen market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
20. Europe Handwriting Digital Pen market revenue estimates and forecast by usage, 2016 - 2028 (USD Million; Million Units)
21. Europe Handwriting Digital Pen market revenue estimates and forecast by application, 2016 - 2028 (USD Million; Million Units)
22. Germany Handwriting Digital Pen market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
23. Germany Handwriting Digital Pen market revenue estimates and forecast by usage, 2016 - 2028 (USD Million; Million Units)
24. Germany Handwriting Digital Pen market revenue estimates and forecast by application, 2016 - 2028 (USD Million; Million Units)
25. The U.K. Handwriting Digital Pen market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
26. The U.K. Handwriting Digital Pen market revenue estimates and forecast by usage, 2016 - 2028 (USD Million; Million Units)
27. The U.K. Handwriting Digital Pen market revenue estimates and forecast by application, 2016 - 2028 (USD Million; Million Units)
28. APAC Handwriting Digital Pen market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
29. APAC Handwriting Digital Pen market revenue estimates and forecast by usage, 2016 - 2028 (USD Million; Million Units)
30. APAC Handwriting Digital Pen market revenue estimates and forecast by Application , 2016 - 2028 (USD Million; Million Units)
31. China Handwriting Digital Pen market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
32. China Handwriting Digital Pen market revenue estimates and forecast by usage, 2016 - 2028 (USD Million; Million Units)
33. China Handwriting Digital Pen market revenue estimates and forecast by application, 2016 - 2028 (USD Million; Million Units)
34. India Handwriting Digital Pen market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
35. India Handwriting Digital Pen market revenue estimates and forecast by usage, 2016 - 2028 (USD Million; Million Units)
36. India Handwriting Digital Pen market revenue estimates and forecast by application, 2016 - 2028 (USD Million; Million Units)
37. Japan Handwriting Digital Pen market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
38. Japan Handwriting Digital Pen market revenue estimates and forecast by usage, 2016 - 2028 (USD Million; Million Units)
39. Japan Handwriting Digital Pen market revenue estimates and forecast by application, 2016 - 2028 (USD Million; Million Units)
40. CSA Handwriting Digital Pen market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
41. CSA Handwriting Digital Pen market revenue estimates and forecast by usage, 2016 - 2028 (USD Million; Million Units)
42. CSA Handwriting Digital Pen market revenue estimates and forecast by application, 2016 - 2028 (USD Million; Million Units)
43. Brazil Handwriting Digital Pen market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
44. Brazil Handwriting Digital Pen market revenue estimates and forecast by usage, 2016 - 2028 (USD Million; Million Units)
45. Brazil Handwriting Digital Pen market revenue estimates and forecast by application, 2016 - 2028 (USD Million; Million Units)
46. MEA Handwriting Digital Pen market estimates and forecast, 2016 - 2028 (USD Million; Million Units)
47. MEA Handwriting Digital Pen market revenue estimates and forecast by usage, 2016 - 2028 (USD Million; Million Units)
48. MEA Handwriting Digital Pen market revenue estimates and forecast by application, 2016 - 2028 (USD Million; Million Units)
49. Vendor landscape
List of Figures
1. Handwriting Digital Pen market snapshot
2. Handwriting Digital Pen market segmentation & scope
3. Handwriting Digital Pen market penetration & growth prospect mapping
4. Handwriting Digital Pen value chain analysis
5. Handwriting Digital Pen market dynamics
6. Handwriting Digital Pen market Porter's analysis
7. Handwriting Digital Pen market: Usage movement analysis
8. Handwriting Digital Pen market: Application movement analysis
9. Handwriting Digital Pen market: Regional movement analysis
10. Handwriting Digital Pen market: Estimated market share analysis, 2020

Companies Mentioned

  • Apple Inc.
  • Samsung Electronics Co., Ltd.
  • Wacom Co., Ltd.
  • Microsoft Corporation
  • Huawei Technologies Co., Ltd
  • Lenovo
  • Dell Technologies Inc
  • Hewlett-Packard Development Company, L.P.
  • Google LLC
  • Sony Corporation

Methodology

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Table Information