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Pen Tablet Market Share, Size and Forecast to 2027

Globally, several countries have undertaken initiatives to propel the digitization across industries, which is expected to ease and smoothen various activities in the industries. The rapid escalation in digitalization practices is influencing various industries to procure advanced electronics to shift from paper-based work to digital content based work.

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Pen Tablet Market Share, Size and Forecast to 2027

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  1. Pen Tablet Market Pen Tablet Market to 2027 - Global Analysis and Forecasts by Pressure Level (1024 Level, 2048 Level, 4096 Level, and 8192 Level); End-Use (Illustrators, Animators, Photographers & Graphic Designers; Architects, Engineers & Industrial design; Medical & Healthcare; Education & Training; and Others)

  2. Pen Tablet Market The global pen tablet market accounted to US$ 348.8 Mn in 2018 and is expected to grow at a CAGR of 9.8% during the forecast period 2019 - 2027, to account to US$ 803.9 Mn by 2027. Globally, several countries have undertaken initiatives to propel the digitization across industries, which is expected to ease and smoothen various activities in the industries. The rapid escalation in digitalization practices is influencing various industries to procure advanced electronics to shift from paper-based work to digital content based work. The shift towards digital content based work facilitates in completion of desired work in lesser time and with higher accuracy. Countries such as China, India, Japan, the US, and the UK among others are the pioneers in undertaking digitization practices. Some of the prominent initiatives include; Digital China, Digital India, and Horizon 2020 by EU among others. These initiatives are boosting the procurement of pen tablets in respective countries attributing to the advantages of pen tablets and the rising demand for such electronics in various industries. Moreover, various industries in China, the US, and Japan have heavily integrated pen tablets to boost the digital content and the same is expected to continue in the coming years. Thus, the rapid expansion in digital content creation across the globe is driving the pen tablet market.

  3. Pen Tablet Market Market Insights The animation industry is undoubtedly among the fastest and prospering sector worldwide. Since the inception, the animation industry on a global scenario is booming exponentially year on year, attributing to the advancements in the internet infrastructure and satellite channels in the developed countries as well as economically growing counties. Earlier animation movies and shows were aimed at children and were made in a moderate budget and the use of modern and advanced technology was limited. However, in this modern era, the animation industry is progressing phenomenally. The animation industry in the developed countries and developing countries is experiencing a paradigm shift from 2D animation to 3D animation. One of the key trends in the modern animation industry is the usage of 3D animation software; also, the usage of graphics tablets or pen tablets play a critical role in designing the animated images. This would drive the pen tablet market during the forecast period.

  4. Pen Tablet Market Strategic Insight 2019:      XP-Pen Deco Pro Won the 2019 Red Dot Design Award. In its deliberations, the Red Dot jury honored the Deco Pro for combining traditional input methods with a graphics tablet in an intelligent way and enhancing and enriching the creative process.2018:      Wacom Co., Ltd. team up with Magic Leap to deliver spatial computing and pen input solution. Through this collaboration, both the companies aim to provide the best instruments for creative expression and their unique solution, combining precision pen input with spatial computing.2018:      XP-Pen entered into a strategic and technical cooperation with Ugee Technology Co. Ltd and Hanvon Technology Co., Ltd.

  5. Pen Tablet Market LeadingPlayers • The leading players in Pen Tablet Market are: • ADESSO INC. • GAOMON TECHNOLOGY CORPORATION • HUION ANIMATION TECHNOLOGY CO., LTD • MONOPRICE, INC • PARBLO TECH CO, LTD • PENPOWER TECHNOLOGY LTD. • SHENZHEN UGEE TECHNOLOGY DEVELOPMENT CO., LTD • TURCOMUSA • WACOM CO., LTD. • XPPEN TECHNOLOGY CO. • Get sample PDF copy @: https://www.theinsightpartners.com/sample/TIPRE00004649/

  6. Exhibit: Pen Tablet Market Lucrative Regional Markets

  7. Exhibit:Rest of APAC Pen Tablet Market by End-Use

  8. Pen Tablet Market Access Full Research Report at: https://www.theinsightpartners.com/reports/pen-tablet-market Thank You!

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