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Global Digital Pen Market is expected to reach $1,672.27 million by 2027 growing at a CAGR of 16.0% during 2018 to 2027.

Some of the key players profiled in the Digital Pen market include Anoto Group AB, Apple Inc., Canon Inc., Convergene, E-pens Ltd, Hanvon Technology Co.Ltd, Moleskine S.p.A, Neo LAB, STAEDTLER Mars GmbH & Co.KG, Toshiba Corporation and Wacom Co. Ltd.

Gaithersburg, Maryland, United States – October 9, 2019 /MarketersMedia/

Increase in government investment on building digital infrastructure and surge in demand for digital storage are some of the factors fuelling the market growth. However, lack of technology readiness across various underdeveloped nations is restricting the market growth.

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Digital Pens are pen like structure that help in writing digitally. These pens usually come with USB which means universal serial bus which helps in cradling the handwritten notes to a personal computers or laptops. These pens require digital papers, which can look like sticky note or a traditional pad. Digital pens are also called electronic pens because of its nature of capturing handwritten notes digitally. These are at a greater extent bigger that the normal pens but looks like traditional pens. Android based digital pens have a wider user base which is followed by windows operating systems. Digital pens are packed with electronic circuits, and Bluetooth. The digital pens have ink refills which leave ink trails on the page and infrared LED detects it.

Based on compatibility, the multiple OS segment is estimated to have a lucrative growth due to the growing number of consumers using more than one phone, with different operating systems. This has increased the demand for these pens with multiple OS compatibility in the market.

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By Geography, North America is likely to have a huge demand due to increased usage of tablets and personal computers, and increasing penetration of internet across this region.

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Products Covered:
• Handwriting
• Scanning

Compatibilities Covered:
• Multiple Operating System
• Single Operating System

Technologies Covered:
• Accelerometer Digital Pen
• Active Digital Pen
• Camera Digital Pen
• Positional Digital Pen
• Trackball Digital Pen

Platforms Covered:
• Android
• iOS
• Windows

Applications Covered:
• Billing & Back Office
• Clinical Documentation
• Communication
• Education
• Media & Entertainment
• Retail
• Other Applications

End Users Covered:
• Banking Financial Services and Insurance (BFSI)
• Government
• Healthcare
• IT & Telecom
• Manufacturing
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com

Source URL: https://marketersmedia.com/global-digital-pen-market-is-expected-to-reach-167227-million-by-2027-growing-at-a-cagr-of-160-during-2018-to-2027/88926663

Source: MarketersMedia

Release ID: 88926663

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