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Global Graphic Pen Display Market to Reach USD 171.13 billion by 2024

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(Free Press Release) The global graphic pen display market size reached USD 106.4 billion in 2016 and is expected to reach USD 171.13 billion by 2024, at a CAGR of 6.12% during the forecast period.

Global Graphic Pen Display Market to Reach USD 171.13 billion by 2024


      

 

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North America is the dominating region for graphic pen display market and occupies 43% revenue share of global graphic pen display market in 2016. Asia-Pacific is the second largest market with 36% share of graphic pen display market in 2016. The global graphic pen display market size reached USD 106.4 billion in 2016 and is expected to reach USD 171.13 billion by 2024, at a CAGR of 6.12% during the forecast period.

Browse full market report@ https://www.goldsteinresearch.com/report/global-graphic-pen-display-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

According to Goldstein Research, “Creativity in changing life-style, high precision, electronic documents with high security and high customer satisfaction will soon bring an era of digital stationary. Interactive display and accessibility to digitized notes via cloud computing is boosting the adoption of graphic pen display in various industries such as healthcare, banking & insurance, telecommunication and many more. This is likely to fuel the growth for graphic pen display market across the globe.Global graphic pen display market segmentation has been carried out on the basis of display type, technology and devices. Technology type is further segmented into LED (Light-Emitting Diode) technology, OLED (Organic Light-Emitting Diode) technology, laser phosphorus display technology and e-paper technology. OLED display technology is gaining huge popularity owing to its low cost and better picture quality features. OLED display technology market is estimated to grow at a CAGR of 18.4% during the forecast period. Asia-Pacific is the fastest growing region for graphic pen display market. Huge penetration of graphic pen display in countries such as Japan, Singapore, Hong Kong, South Korea and China are likely to contribute in the expansion of graphic pen display market in Asia-Pacific region. High-end-graphic and creative features with windows 10 OS is expected to boost the demand for graphic pen display solutions in the near future. Multi-touch gesture with high accuracy and pressure sensitivity features of graphic pen display are gaining popularity mainly among teenagers. Products such as Wacom Cintiq Pro 13, Huion KAMVAS, Ugee 2150, Huion GT-220v2 and many more are popular products of graphic pen which are attracting consumer’s interest. Overall improved features and cost effectiveness is likely to increase the demand for pen display market in coming years. Pen display with unique size and features expected to garner huge business opportunities in graphic pen display market over the forecast period.

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Market Segmentation

Global graphic pen display market is categorized on the following basis:

· Based on Display Type

o Flat Panel Display

o Flexible Display

o Transparent Display

· Based on Technology

o LED (Light-Emitting Diode) display Technology

o OLED (Organic Light-Emitting Diode) display Technology

o Laser Phosphorus Display Technology

o E-Paper Technology

· Based on Devices

o Smart Pads

o Graphic Tablets

o LCD writing Monitor

o Pen Tablet Monitor

o CLA Wireless Tablet

o Tracing Board

· Based on Geography

o North America (U.S. & Canada)

o Latin America (Brazil, Mexico & Rest of Latin America)

o Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE)

o Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia)

o Middle East & Africa (GCC, South Africa, North Africa, RoMEA)

o Rest of World

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“Global Graphic Pen Display Market Outlook 2024” contains detailed overview of the global graphic pen display market in terms of market segmentation by display type, by technology and by devices.

Further, for the in-depth analysis, graphic pen display market report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Sacle) analysis, Porter’s five force model and SWOT analysis.

Global graphic pen display market report also provides competitive outlook of some of the major players of the global graphic pen display market which includes profiling of companies such as Wacom Co. Ltd., Huion, VisTablet Systems, LLC, Artisul, Bosto, Dell Inc., Pen Power, Addesso, Genius, ELMO, Hanvon, Ugee Co. Ltd., Parblo, Monoprice, Microsoft Corporation, XP-Pen and YIYNOVA The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents comprehensive synopsis on the global graphic pen display market trends that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our analysts working on latest hardware and ICT market reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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Global Graphic Pen Display Market to Reach USD 171.13 billion by 2024

Source: Press Release

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