Global Digital Pen Market is Estimated to Reach $4.3 Billion by 2024
Global report published by Accurize Market Research forecast that the global market is expected to reach $4.3 billion by 2024; growing at a CAGR of 17.6% from 2017 to 2024. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
Increasing popularity of digital learning driving the global market
Technological advancements demand for innovative pens, rising use of pens in arts and designing, and growing digital learning are some of the factors boosting growth of the global digital pen market. Moreover, market expansion and advancements in feature could provide future scope for competitors. However, high expense of these pens may hamper the adoption in forecast periods.
The global digital pen market is split into platform, technology, application, and geography. Platform is divided into android, windows, and IOS. Technology segment is bifurcated into camera, accelerometer, active, position, trackball, and others. Application segment is categorized into communication, education and clinical documentation, among others.
North America, Europe, Asia-Pacific and rest of the world (RoW) are the geographical segments of the market. North America is further bifurcated into countries namely; U.S., Canada and Mex""
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Writer, Researcher, Digital marketer, Working in a market research firm