According to Goldstein Research, “Creativity in changing life-style, high precision, electronic documents with high security and high customer satisfaction will soon bring an era of digital stationary. Interactive display and accessibility to digitized notes via cloud computing is boosting the adoption of graphic pen display in various industries such as healthcare, banking & insurance, telecommunication and many more. This is likely to fuel the growth for graphic pen display market across the globe.”
Global graphic pen display market is segmented on the basis of display type, by technology and by devices. Technology type is further segmented into LED (Light-Emitting Diode) technology, OLED (Organic Light-Emitting Diode) technology, laser phosphorus display technology and e-paper technology. OLED display technology is gaining huge popularity owing to its low cost and better picture quality features. OLED display technology market is estimated to grow at a CAGR of 18.4% during the forecast period.
Asia-Pacific is the fastest growing region for global graphic pen display market. Asia-Pacific big data market is anticipated to reach USD 65.03 billion in 2024, growing at a CAGR of 7.0% during the forecast period. Huge penetration of graphic pen display in countries such as Japan, Singapore, Hong Kong, South Korea and China are likely to contribute in the expansion of graphic pen display market in Asia-Pacific region.
Pen display with unique size and features expected to garner huge business opportunities
High-end-graphic and creative features with windows 10 OS is expected to boost the demand for graphic pen display solutions in the near future. Multi-touch gesture with high accuracy and pressure sensitivity features of graphic pen display are gaining popularity mainly among teenagers. Products such as Wacom Cintiq Pro 13, Huion KAMVAS, Ugee 2150, Huion GT-220v2 and many more are popular products of graphic pen which are attracting consumer’s interest. Overall improved features and cost effectiveness is likely to increase the demand for pen display market in coming years.
“Global Graphic Pen Display Market 2024” contains detailed overview of the global graphic pen display market in terms of market segmentation by display type, by technology and by devices.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Sacle) analysis, Porter’s five force model and SWOT analysis.
Global graphic pen display market also provides competitive outlook of some of the major players of the global graphic pen display market which includes profiling of companies such as Wacom Co. Ltd., Huion, VisTablet Systems, LLC, Artisul, Bosto, Dell Inc., Pen Power, Addesso, Genius, ELMO, Hanvon, Ugee Co. Ltd., Parblo, Monoprice, Microsoft Corporation, XP-Pen and YIYNOVA The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents comprehensive synopsis on the global graphic pen display market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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