Digital Writing Instruments Market to Reflect Impressive Growth Rate During 2017 – 2027

Digital writing instruments are becoming more and more popular day by day due to rapid digitalization in various industrial verticals. The use digital writing instruments in various applications such as education, healthcare, communication, billing and back office has been a major trend across the globe. The usage of smart devices such as smart phone, smart lock, and others are also playing an important role in fueling the growth of digital writing instruments market. Also, increasing usage of digital writing instruments in art and designing works are some of the factors which are supporting the rapid adoption of digital writing instruments.

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Digital writing instruments are battery-operated instruments which allows users to digitally capture a hand-written note or drawing. With the advent of modern computing technology digital writing instruments users can easily record their text entry, drawings, diagrams, quick notes and can transfer them to a computer where they can be used either as-is or in other way in order to enhance workflow. The various features and applications of digital writing instruments are playing an important role in fueling the growth of digital writing instruments market.

Digital writing instruments: Drivers and Challenges

Drivers

The technological advancement in electronic devices and the need to increase the durability of products are the significant factors driving the growth of Digital writing instruments market. Also, the use of digital instruments to store and maintain the data securely is an important factor which is fueling the growth of digital writing instruments market. Moreover, the deployment of digital learning and the increasing usage of digital writing instruments to eliminate the paper work are some of the factors which is fueling the growth of digital writing instruments market.

Challenges

The high cost of digital writing instruments over the traditional instruments is one of the major challenge which may hinder the growth of digital writing instruments market. Apart from this, some digital writing instruments needs to be charged at definite interval and is not preferred to be used for long hours is also one the major issue which may limit the growth of digital writing instruments market.

Digital writing instruments market: Segmentation

Segmentation of Digital writing instruments on the basis of Product type:

On the basis of product type digital writing instruments can be segmented as digital pen, digital pencil, stylus, notepad, and others.

Segmentation on Digital writing instruments on the basis of Application:

On the basis of application digital writing instruments can be segmented as education, healthcare, identity & access management, and others

Digital writing instruments: Competition Landscape

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Key players

The Prominent players inDigital writing instruments market are Apple Inc., Microsoft Corporation, Anoto Group, Wacom Co., Ltd, Canon Inc., E-pens Ltd., Staedtler Mars GmbH & Co. KG, Hanvon Technology Co. Ltd., Moleskine, and others

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This release was published on openPR.