Market revenue in 2024 | USD 864.2 million |
Market revenue in 2030 | USD 1,798.7 million |
Growth rate | 13% (CAGR from 2024 to 2030) |
Largest segment | Handwriting pen |
Fastest growing segment | Handwriting Pen |
Historical data | 2016 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Scanning Pen, Handwriting Pen |
Key market players worldwide | Apple Inc, Microsoft Corp, Wacom Co Ltd, Lucidia, Kent Displays, Acecad, NeoLab Convergence, Livescribe |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to digital pen market will help companies and investors design strategic landscapes.
Handwriting pen was the largest segment with a revenue share of 64.02% in 2024. Horizon Databook has segmented the U.S. digital pen market based on scanning pen, handwriting pen covering the revenue growth of each sub-segment from 2016 to 2030.
In 2020, the U.S. was the major shareholder in the digital pen market in North America. Growing digitization of the healthcare, media & entertainment, education, and BFSI sectors is increasing the demand for digital pens.
The rising use of tablets and 2-in-1 laptops is also boosting the demand for digital pens. These pens offer additional scope for creativity and less turnaround time for the execution of different processes, which are acting as major catalysts for market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. digital pen market , including forecasts for subscribers. This country databook contains high-level insights into U.S. digital pen market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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