Press release
Digital Pens Market 2019 Technology Advancements and Demands – Apple, Canon, Toshiba, Wacom, Xcallibre
Digital Pens are pen like structure that help in writing digitally. These pens usually comes with USB which means universal serial bus which helps in cradling the handwritten notes to a personal computers or laptops. These pens requires 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. Digital pens have inbuilt scanners which helps in capturing notes.On the basis of application, clinical documentation is expected to be the fastest growing category in the digital pen market during the forecast period, registering a CAGR of 21.3%. This would be due to the increasing demand for digital healthcare technologies and surging need for improving the healthcare infrastructure.
The Global Digital Pens Market is expected to reach $2,098.1 million by 2023 at a CAGR of 18.4% during the forecast period (2018–2023).
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Top Leading Companies are: Murata, Vitaran Electronics, SMARTRAC, ELA Innovation, Balluff, American Barcode and RFID, VisuaScan, Imprint Enterprises, Coridian Technologies, AbeTech, Invengo Technology
The report provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets capacities and on the changing structure of the Digital Pens.
Important attributes of the report:
The 360-degree Digital Pens overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
Digital pens are used in design and art-related works, such as in drawing and sketching work, as they provide an enhanced experience to users, by facilitating development of freehand illustrations and designs, which can be modified once they are transferred to a computer. Digital pens with a character recognition software are useful in presentations, as well as the text being written can be converted into a typed form and recorded in a device.
The global digital pen market has a consolidated structure, with the top two companies accounting for around 70.0% share of the market in 2017. The high growth rate of the market has been prompting industry participants to increase their investment in technology and become OEM partners for touch-based device manufacturers, to grab the existing and forthcoming opportunities. The leading players in the market are increasingly introducing new products to increase their presence across the world. For instance, in 2018, Apple Inc. launched a 9.7-inch iPad with support for Apple Pencil Plus.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Digital Pens Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Digital Pens Market Carrier and assist manufacturers and investment organization to better grasp the development course of Digital Pens Market.
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Digital Pens Market, by Types:
Active Digital Pen
Positional Digital Pen
Camera-Based Digital Pen
Accelerometer-Based Digital Pen
Trackball-Based Digital Pen
Others
Digital Pens Market, by Applications:
Clinical Documentation
Education
Billing & Back Office
Communication
Browse full report along with TOC and List of Figures at:
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What this Research Study Offers:
Global Digital Pens Market share assessments for the regional and country level segments.
Global Digital Pens Market share analysis of the top industry players.
Strategic recommendations for the new entrants in Global Digital Pens market.
Global Digital Pens Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional Global Digital Pens markets.
Global Digital Pens 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.
We also offer customization on reports based on specific client requirement:
Free country level analysis for any 5 countries of your choice.
Free Competitive analysis of any 5 key market players.
Free 40 analyst hours to cover any other data points.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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