Digital drawing tablet market is anticipated to grow at a significant CAGR of 4.5% during the forecast period. The rise in digitization, increasing preference towards more hi-tech approaches, and technology in most of the industries have shifted consumers’ preference towards digital drawing or graphic tablets in the past few years. More and more artists are shifting to use these tablets owing to its easy carry feature as compared to traditional drawing. It has contributed to the growth of the market which can be seen in the market players’ growth. For instance, as per the annual report of ViewSonic, the company faced 22% year-on-year growth in 2020.
Get Free Sample link @ https://www.omrglobal.com/request-sample/digital-drawing-tablet-market
COVID-19 pandemic had restricted most of the industries owing to the lockdown in most of the countries. Government restriction to stop the spread of the virus had stopped most of the productions including digital drawing tablets but the effect was not that big as it did affect the other industries. For instance, as per the annual report of WACOM from April 2019 to March 2020, the net sales reached $765.6 million which was $773.6 million in the previous annual report. But as the situation got normal sales of the digital drawing tablet grew exponentially owing to the growing culture of work or study from home, and growing media consumption. As per the annual report of WACOM from April 2020 to March 2021, the net sales reached $ 938.1 million which was more than 21% as compared to the previous annual report.
A full report of Digital Drawing Tablet Market available @ https://www.omrglobal.com/industry-reports/digital-drawing-tablet-market
- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Digital Drawing Tablet Market by Type
- Digitizer Tablets
- Monitor Tablets
- Tablet PCs
Global Digital Drawing Tablet Market by Application
- Industrial Design
- Animation & Film
- Advertising
- Others (Education)
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Adesso Inc.
- Apple Inc.
- Beijing Veikk E-commerce Co.,Ltd.
- Microsoft Corp.
- PenPower TECHNOLOGY LTD.
- Shenzhen BOSTO Technology Co., Ltd.
- Shenzhen Huion Animation Technology Co., Ltd.
- UGEE
- Xencelabs
- XP-PEN
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global digital drawing tablet market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/digital-drawing-tablet-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
