PUBLISHER: Orion Market Research | PRODUCT CODE: 1215838
PUBLISHER: Orion Market Research | PRODUCT CODE: 1215838
Title:Global Digital Drawing Tablet Market Size, Share & Trends Analysis Report by Type (Digitizer Tablet, Monitor Tablet, and Tablet PC), and by Application (Industrial Design, Animation & Film, Advertising, and Other) Forecast 2021-2027.
The global digital drawing tablet market is anticipated to grow at a substantial CAGR of 4.5% during the forecast period. One of the core factors that is fueling the market is the growing demand for animation in the market. Media consumption has been grown exponentially in the past few years in entertainment industry which has grown the number of artists in this field. The animations & comic book market has grown, as the live-action movies and series adapting the old, animated movies, and comic books such as Marvel, DC, Disney, and others. Moreover, multiple self-publishing or social media applications has given artist freedom to publish or post their arts, and to make a career in the field. This has fueled the user base of digital drawing tablets to make good quality art.
The global digital drawing tablet market is segmented based on type and application. Based on the type, the market is segmented into digitizer tablets, monitor tablets, and tablet PC. Based on the application, the market is sub-segmented into industrial design, animation & film, advertising, and others. Other application is included education. Based on the application segment, the industrial design segment holds the major share in the market owing to the rising demand for drawing tablets with advanced features such as graphic designing, high-resolution images, 3D images, and others in the industries for professional artists.
Geographically market is segmented into: North America, Europe, Asia Pacific, and the Rest of the World. Asia-Pacific is anticipated to grow significantly during the forecast period owing to the presence of emerging countries such as China, Japan, South Korea, India, and others which are growing fastest in most of the industries. Japan is considered as the animation hub and has a huge user base and consumers for amines, and due to the huge population digital drawing tablet market has great potential in the region.
The major companies serving the global Digital Drawing Tablet market include GAOMON TECHNOLOGY CORP., Hanvon Technology Co., Ltd., Samsung Electronics, ViewSonic Corp., Wacom, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, In October 2021, GAOMON TECHNOLOGY CORP., launched two pen tablets, S830 and S630. S830 is a larger tablet as compared to S630. These tablets are made to meet the request of designers, digital artists, and art school students for an individualized drawing device.
Research Methodology
The market study of the global digital drawing tablet market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers: