According to the latest report by IMARC Group, titled "Stylus Pen Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global stylus pen market reached a value of around US$ 12 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 10.3% during 2021-2026. A stylus pen is a pen-like object used to point, swipe, sign, and draw on touchscreen electronic devices. It is generally made of rubber or conductive foam, which helps it to move effortlessly across the screen. The stylus pen offers a wide range of features such as memory, electronic eraser and pressure sensitivity, which helps draw lighter or heavier lines, depending on the pressure applied. It inputs commands onto a computer screen while acting as a primary input device. In recent years, the stylus pen has gained popularity as it provides a smudge-free swiping and clicking experience on the touchscreen device as compared to the use of fingers.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request Free Sample Report: https://www.imarcgroup.com/stylus-pen-market/requestsample
Market Trends and Drivers:
The global stylus pen market is primarily driven by the increasing production of devices equipped with touchscreens. Besides this, the stylus pen provides better precision and control to individuals with large hands who face difficulty in operating small buttons. As a result, it is increasingly replacing hardware pointing devices like mouse and trackpads. Stylus pens are also gaining prominence as they are used in handheld game consoles such as 3DS and Nintendo DS. In addition to this, rapid digitization, increasing internet penetration and the innovation in stylus pen software systems are expected to positively influence the market growth in the upcoming years.
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/stylus-pen-market
Key Market Segmentation:
Breakup by Product Type:
- Resistive Stylus
- Capacitive Stylus
- Active Stylus
Breakup by Distribution Channel:
- Online
- Offline
Breakup by Application:
- Smart Phones
- Tablets
- Interactive Whiteboards
Breakup by End-User:
- OEM
- Retail
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- COVID-19 Impact on the Market
- Porter's Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.