A pen-shaped instrument which is used to input commands onto a computer screen, graphics tablet, or a mobile device is called a stylus or a stylus pen. For personal digital assistants, these pen-like input devices act as primary input devices. It is further used in handheld game consoles such as 3DS and Nintendo DS.
With technological advancements in tablets, the scope of usage of stylus pens has gained momentum. Nowadays, educational institutions are incorporating new curriculum methods where Interactive whiteboard (IWB) and stylus pens have become crucial for interactive educational modes of learning. As the demand for advanced teaching methods is expected to increase during the forecast period, hence this will prompt the growth of IWB market and subsequently the stylus pens market.
A significant trend gaining prominence in this market is the extensive application of Universal stylus Initiative (USI), which is fuelling the adoption of stylus pens, through creating a detail for a dynamic stylus. The objective of USI is to empower interoperability between arrangements from various makers and to empower new utilities of dynamic pens. Also, this initiative will spur the use of stylus pens across various devices as these pens are capable of being used in any device such as smartphone, tablets, and phablets. The various benefits of USI will be an important factor which will bolster this market’s growth potential during the forecast period.
APAC is expected to be the fastest-growing region in the stylus pens market and is expected to grow at a CAGR of more than 10% by 2020. Much of this region’s growth will come from the rapid growth of e-learning market. The rising number of foreign universities forming alliances to deliver online courses is also expected to positively influence the growth prospects of stylus pens market during the forecast period.
The Stylus Pen market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Stylus Pen.
This report presents the worldwide Stylus Pen market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Stylus Pen Breakdown Data by Type
Stylus Pen Breakdown Data by Application
Stylus Pen Production by Region
Stylus Pen Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Stylus Pen status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Stylus Pen manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Stylus Pen :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Stylus Pen market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.