Impact of Covid-19 on Digital Pen Market 2020 Growth But Future Outlook Remains Positive

1. Impact of Covid-19 on Digital Pen Market 2020 Growth But Future Outlook Remains Positive with Rising Demand by Top Vendors- Apple Inc., Canon Inc., Hanvon Technology Co. Ltd, HP Market Research Future has published a Research Report on” Digital Pen Market”. This Report Covers the Top Countries and Regions of the World, Including Market Share, Size, Trends, Growth, Revenue and much more across the globe. Global Digital Pen Market is Expected to Grow from USD 790.1 million in 2018 to USD 2,044.8 Million by 2024, at a CAGR of 17.5% during the forecast period. This is influenced by the focus of automotive manufacturers to leverage on data and analytics to improve their tires. Metrics such as load detection tread wear & depth, pressure & temperature, and road conditions can be used in gleaning useful insights and start new trends in tire development. A digital pen is an electronic writing instrument that captures handwritten notes or drawings and converts the analog data into a digital form. A digital pen helps in saving time and cost of entering data manually; it also reduces the costs of mailing and faxing. Moreover, it eliminates the need to store outsourced printing and forms, and enables capturing and transmitting data in real time. Digital pens have applications in clinical documentation, billing & back office, and communication, among others. In healthcare, digital pens enable capturing precise and reliable patient data digitally, especially in the areas of physiotherapy, occupational therapy, and midwife services. This information is time-stamped and is automatically sent to an EMR or hospital medical system for further processing. Furthermore, in this digital educational era, digital pen is seen as a valuable device for students as well as teachers and are replacing books, traditional pens, and other tools of learning for better understanding and convenience. Also, the increasing usage of digital pens on interactive whiteboards for interactive learning is propelling the growth of this market. Moreover, various features of this pen, including audio recording, data sharing, and data

2. transformation into audio-based text, are driving the growth of the digital pen market across the world. Get Free Sample Report @https://www.marketresearchfuture.com/sample_request/7994 Key Players The key players in the global digital pen market are Apple Inc. (US), Canon Inc.(Japan), Hanvon Technology Co. Ltd (China), HP Enterprise Development (US), Moleskine (Italy), NeoLab Convergence, Inc. (South Korea), Toshiba Corporation (Japan), Wacom(Japan), XCALLIBRE( South Africa) and Anoto Group AB (Sweden). Other prominent players studied for the global digital pen market are IRIS SA (China), Novo Nordisk (Denmark), Microsoft Corporation (US), Luidia, Inc. (US), and NEO SMARTPEN Inc. (South Korea) among others. Segmentation The digital pen market has been segmented on the basis of type, application, end user, and region.

3. On the basis of type, the market has been segmented into active digital pen, camera- based digital pen, accelerometer-based digital pen, positional digital pen, and trackball- based digital pen. By application, the market has been segmented into clinical documentation, billing & back office, communication, and others. Based on end user, the market has been segmented into BFSI, healthcare, government, IT & telecom, education, and others. By region, the market is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and Central and South America.     Regional Analysis The global digital pen market is projected to grow at a significant rate during the forecast period from 2019 to 2024. The geographical analysis of the global digital pen market has been conducted for North America, Europe, Asia-Pacific, the Middle East and Africa, Central and South America. North America accounts for the largest market share in the digital pen market as the citizens in this region are tech savvy, and the adoption of smart devices in the US and Canada is high as compared to other countries. Europe holds the second largest market share in the digital pen market as the countries in this region including Germany and the UK are making rapid innovations in automotive and electronic industries. For instance, in US and Germany, the police officers and other authorities use these pens to generate intelligence and crime reports, as it save time by recording information on a device and transferring it to a computer or sharing it through various connecting technologies. If you have any requirements, let know and we will customize the report according to your need. FOR MORE DETAILS –https://www.marketresearchfuture.com/reports/digital-pen-market- 7994 Major Highlights of TOC Covers: 1. Executive Summary 2. Key Business Trends 3. Regional Trends and Growth 4. Product Trends 5. End-use Trends 6. Definition and Forecast Parameters 7. Digital pen Market Segmentation 8. Digital pen Market Landscape

4. 9. Vendor Matrix 10. Company Profiles 11. Business Overview 12. Financial Data 13. Product Landscape Continued… About Us: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. Contact Us Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 Email: sales@marketresearchfuture.com Digital pen, Digital pen Market, Digital pen Market Size, Digital pen Market Share, Digital pen Market Trends, Digital pen Market Report, Digital pen Market Analysis, Digital pen Market Demand