Product Code: 139032-08-22
Rise in E-Commerce Has Increased the Demand for Digital Writing Instruments Market
Globally, the digital writing instruments market is expected to grow with a CAGR of 8.6% during the forecast period from 2022 to 2030, and has register a market value of US$ 292.6 Mn in 2021. Digital writing instruments are defined as devices, which are battery-operated writing instrument that can record handwritten notes and drawing. These instruments can be a pen, pencil or stylus. The digital pen is similar to the usual pens, which can be used similarly, however, if a person wants to record the data, which is written by these instruments the user requires a special digital paper.
These digital papers consist of a dot pattern, which allows the digital pen to capture the written pattern with the help of dots coordinates. Moreover, digital pens are also integrated with handwriting recognition software, which can convert handwritten notes into typed text. There are two types of digital pens available, which are wired and wireless. These pens can capture the notes, which can be shared by the users directly on smartphones, PCs, laptops, and other instruments
Digital Writing Instruments with Wireless in its Technology Segment Continue Dominating the Market
In 2021, the overall digital writing instruments market was led by the wireless segment in its technology segment contributing to a high percentage of the market share of the total revenue generated globally in 2020 and has a market share of more than 60.0% in the technology segment. The advancement in technology and the increasing use of mobile phones has led to the demand for wireless technology, allowing users to use it with ease. Wireless technology is also accounted to be the fastest-growing segment by technology during the forecast period due to the increasing adoption of the technology by the users and the ability to carry the instruments anywhere without any hassle.
North America Dominates the Market by Region
The global digital writing instruments market was led by North America with a market share of more than 30.0% in the year 2020. This is due to high penetration of handheld devices and continued technological advancement of smartphones and tablets. Additionally, the rise of digital writing in North America is expected to grow with a CAGR of 8.0% during the forecast period, this is due to increasing awareness among the users about the nature friendly technology. Asia Pacific is set to register the highest growth owing to the presence of huge smartphones and tablet market here.
Some of the prominent players operating in digital writing instruments are Microsoft Corporation, Apple Inc., Anoto Group AB, Dell Technologies, Wacom Co., Ltd., Moleskine Srl, FiftyThree, Inc., Hanvon Technology Co., Ltd., Neo Smartpen Inc., Luidia, Inc., Lenovo Group, HP, Acer Inc., AsusTek Computers Inc., Adonit, Staedtler Noris Digital, and I.R.I.S. Inc.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Digital Writing Instruments market are as follows:
Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report
Micro and macro environment factors that are currently influencing the Digital Writing Instruments market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE DETAILS
Research Period 2020-2030
Base Year 2021
Forecast Period 2022-2030
Historical Year 2020
Unit USD Million
Segmentation
Product
Digital Pens/Pencils
Digital Styli
Device Compatibility
PCs/Laptops
Tablets
Smartphones
Application
Digital Scanning
Digital Learning
Art & Design
Gesture Recognition
Others
Channel
E-commerce
Retail Stores
Technology
Wired
Wireless
Region Segment (2020-2030; US$ Million)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Global Impact of Covid-19 Segment (2020-2021; US$ Million )
Pre Covid-19 situation
Post Covid-19 situation
Key questions answered in this report:
What are the key micro and macro environmental factors that are impacting the growth of Digital Writing Instruments market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2030.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Digital Writing Instruments market?
Which is the largest regional market for Digital Writing Instruments market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Digital Writing Instruments market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Digital Writing Instruments market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Digital Writing Instruments Market
- 2.2. Global Digital Writing Instruments Market, By Product, 2021 (US$ Million)
- 2.3. Global Digital Writing Instruments Market, By Device Compatibility, 2021 (US$ Million)
- 2.4. Global Digital Writing Instruments Market, By Application, 2021 (US$ Million)
- 2.5. Global Digital Writing Instruments Market, By Channel, 2021 (US$ Million)
- 2.6. Global Digital Writing Instruments Market, By Technology, 2021 (US$ Million)
- 2.7. Global Digital Writing Instruments Market, By Geography, 2021 (US$ Million)
- 2.8. Impact of Covid 19
- 2.9. Attractive Investment Proposition by Geography, 2021
- 2.10. Competitive Analysis
- 2.10.1. Market Positioning of Key Digital Writing Instruments Market Vendors
- 2.10.2. Strategies Adopted by Digital Writing Instruments Market Vendors
- 2.10.3. Key Industry Strategies
3. Digital Writing Instruments Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Digital Writing Instruments Market Value, 2020 - 2030, (US$ Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Digital Writing Instruments Market: By Product, 2020-2030, USD (Million)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. Digital Pens/Pencils
- 4.3.2. Digital Styli
5. Digital Writing Instruments Market: By Device Compatibility, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. PCs/Laptops
- 5.3.2. Tablets
- 5.3.3. Smartphones
6. Digital Writing Instruments Market: By Application, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Growth & Revenue Analysis: 2021 Versus 2030
- 6.3. Market Segmentation
- 6.3.1. Digital Scanning
- 6.3.2. Digital Learning
- 6.3.3. Art & Design
- 6.3.4. Gesture Recognition
- 6.3.5. Others
7. Digital Writing Instruments Market: By Channel, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Growth & Revenue Analysis: 2021 Versus 2030
- 7.3. Market Segmentation
- 7.3.1. E-commerce
- 7.3.2. Retail Stores
8. Digital Writing Instruments Market: By Technology, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Growth & Revenue Analysis: 2021 Versus 2030
- 8.3. Market Segmentation
- 8.3.1. Wired
- 8.3.2. Wireless
9. North America Digital Writing Instruments Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Digital Writing Instruments Market: By Product, 2020-2030, USD (Million)
- 9.3. Digital Writing Instruments Market: By Device Compatibility, 2020-2030, USD (Million)
- 9.4. Digital Writing Instruments Market: By Application, 2020-2030, USD (Million)
- 9.5. Digital Writing Instruments Market: By Channel, 2020-2030, USD (Million)
- 9.6. Digital Writing Instruments Market: By Technology, 2020-2030, USD (Million)
- 9.7.Digital Writing Instruments Market: By Region, 2020-2030, USD (Million)
- 9.7.1.North America
- 9.7.1.1. U.S.
- 9.7.1.2. Canada
- 9.7.1.3. Rest of North America
10. UK and European Union Digital Writing Instruments Market, 2020-2030, USD (Million)
- 10.1. Market Overview
- 10.2. Digital Writing Instruments Market: By Product, 2020-2030, USD (Million)
- 10.3. Digital Writing Instruments Market: By Device Compatibility, 2020-2030, USD (Million)
- 10.4. Digital Writing Instruments Market: By Application, 2020-2030, USD (Million)
- 10.5. Digital Writing Instruments Market: By Channel, 2020-2030, USD (Million)
- 10.6. Digital Writing Instruments Market: By Technology, 2020-2030, USD (Million)
- 10.7.Digital Writing Instruments Market: By Region, 2020-2030, USD (Million)
- 10.7.1.UK and European Union
- 10.7.1.1. UK
- 10.7.1.2. Germany
- 10.7.1.3. Spain
- 10.7.1.4. Italy
- 10.7.1.5. France
- 10.7.1.6. Rest of Europe
11. Asia Pacific Digital Writing Instruments Market, 2020-2030, USD (Million)
- 11.1. Market Overview
- 11.2. Digital Writing Instruments Market: By Product, 2020-2030, USD (Million)
- 11.3. Digital Writing Instruments Market: By Device Compatibility, 2020-2030, USD (Million)
- 11.4. Digital Writing Instruments Market: By Application, 2020-2030, USD (Million)
- 11.5. Digital Writing Instruments Market: By Channel, 2020-2030, USD (Million)
- 11.6. Digital Writing Instruments Market: By Technology, 2020-2030, USD (Million)
- 11.7.Digital Writing Instruments Market: By Region, 2020-2030, USD (Million)
- 11.7.1.Asia Pacific
- 11.7.1.1. China
- 11.7.1.2. Japan
- 11.7.1.3. India
- 11.7.1.4. Australia
- 11.7.1.5. South Korea
- 11.7.1.6. Rest of Asia Pacific
12. Latin America Digital Writing Instruments Market, 2020-2030, USD (Million)
- 12.1. Market Overview
- 12.2. Digital Writing Instruments Market: By Product, 2020-2030, USD (Million)
- 12.3. Digital Writing Instruments Market: By Device Compatibility, 2020-2030, USD (Million)
- 12.4. Digital Writing Instruments Market: By Application, 2020-2030, USD (Million)
- 12.5. Digital Writing Instruments Market: By Channel, 2020-2030, USD (Million)
- 12.6. Digital Writing Instruments Market: By Technology, 2020-2030, USD (Million)
- 12.7.Digital Writing Instruments Market: By Region, 2020-2030, USD (Million)
- 12.7.1.Latin America
- 12.7.1.1. Brazil
- 12.7.1.2. Mexico
- 12.7.1.3. Rest of Latin America
13. Middle East and Africa Digital Writing Instruments Market, 2020-2030, USD (Million)
- 13.1. Market Overview
- 13.2. Digital Writing Instruments Market: By Product, 2020-2030, USD (Million)
- 13.3. Digital Writing Instruments Market: By Device Compatibility, 2020-2030, USD (Million)
- 13.4. Digital Writing Instruments Market: By Application, 2020-2030, USD (Million)
- 13.5. Digital Writing Instruments Market: By Channel, 2020-2030, USD (Million)
- 13.6. Digital Writing Instruments Market: By Technology, 2020-2030, USD (Million)
- 13.7.Digital Writing Instruments Market: By Region, 2020-2030, USD (Million)
- 13.7.1.Middle East and Africa
- 13.7.1.1. GCC
- 13.7.1.2. Africa
- 13.7.1.3. Rest of Middle East and Africa
14. Company Profile
- 14.1. Apple Inc.
- 14.1.1. Company Overview
- 14.1.2. Financial Performance
- 14.1.3. Product Portfolio
- 14.1.4. Strategic Initiatives
- 14.2. Microsoft Corporation
- 14.2.1. Company Overview
- 14.2.2. Financial Performance
- 14.2.3. Product Portfolio
- 14.2.4. Strategic Initiatives
- 14.3. Anoto Group AB
- 14.3.1. Company Overview
- 14.3.2. Financial Performance
- 14.3.3. Product Portfolio
- 14.3.4. Strategic Initiatives
- 14.4. Wacom Co., Ltd.
- 14.4.1. Company Overview
- 14.4.2. Financial Performance
- 14.4.3. Product Portfolio
- 14.4.4. Strategic Initiatives
- 14.5. Dell Technologies
- 14.5.1. Company Overview
- 14.5.2. Financial Performance
- 14.5.3. Product Portfolio
- 14.5.4. Strategic Initiatives
- 14.6. Moleskine Srl
- 14.6.1. Company Overview
- 14.6.2. Financial Performance
- 14.6.3. Product Portfolio
- 14.6.4. Strategic Initiatives
- 14.7. Neo Smartpen Inc.
- 14.7.1. Company Overview
- 14.7.2. Financial Performance
- 14.7.3. Product Portfolio
- 14.7.4. Strategic Initiatives
- 14.8. FiftyThree, Inc.
- 14.8.1. Company Overview
- 14.8.2. Financial Performance
- 14.8.3. Product Portfolio
- 14.8.4. Strategic Initiatives
- 14.9. Luidia, Inc.
- 14.9.1. Company Overview
- 14.9.2. Financial Performance
- 14.9.3. Product Portfolio
- 14.9.4. Strategic Initiatives
- 14.10. HP
- 14.10.1. Company Overview
- 14.10.2. Financial Performance
- 14.10.3. Product Portfolio
- 14.10.4. Strategic Initiatives
- 14.11. Lenovo Group
- 14.11.1. Company Overview
- 14.11.2. Financial Performance
- 14.11.3. Product Portfolio
- 14.11.4. Strategic Initiatives
- 14.12. Acer Inc.
- 14.12.1. Company Overview
- 14.12.2. Financial Performance
- 14.12.3. Product Portfolio
- 14.12.4. Strategic Initiatives
- 14.13. Adonit
- 14.13.1. Company Overview
- 14.13.2. Financial Performance
- 14.13.3. Product Portfolio
- 14.13.4. Strategic Initiatives
- 14.14. AsusTek Computers Inc.
- 14.14.1. Company Overview
- 14.14.2. Financial Performance
- 14.14.3. Product Portfolio
- 14.14.4. Strategic Initiatives
- 14.15. Staedtler Noris Digital
- 14.15.1. Company Overview
- 14.15.2. Financial Performance
- 14.15.3. Product Portfolio
- 14.15.4. Strategic Initiatives
- 14.16. Hanvon Technology Co., Ltd.
- 14.16.1. Company Overview
- 14.16.2. Financial Performance
- 14.16.3. Product Portfolio
- 14.16.4. Strategic Initiatives
- 14.17. I.R.I.S. Inc.
- 14.17.1. Company Overview
- 14.17.2. Financial Performance
- 14.17.3. Product Portfolio
- 14.17.4. Strategic Initiatives