About Graphics Tablet
A graphics tablet is also known as drawing tablet or pen tablet is a hardware input devices that permits an artist to draw or sketch digitally using a stylus or pen. The tablet captures the image as data which is then stored as a document. They are very helpful to an artist, as it offers more natural and precious feel than a standard PC mouse. It can also be used as a large market board to take notes on or to create outlines at a conference or lecture during which images have to be shared with the audience. A graphics tablet is used by various professionals such as architects, engineers, cartoonist, fashion designers, photographers, teachers, among others.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Graphics Tablet market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Graphics Tablet Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that China & United States Players will contribute the maximum growth to Global Graphics Tablet market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Wacom (Japan), Hanvon (China), Ugee (China), Huion (China), PenPower (United States), Adesso (United States), ELMO (United States), Genius (United States), Monoprice (United States), Samsung (South Korea) and Aiptek International GmbH (Germany) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Graphics Tablet market by Type (512 Level, 1024 Level and 2048 Level), Application (Industrial Design, Animation, Special Effects Film, Advertising and Other) and Region.
On the basis of geography, the market of Graphics Tablet has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Graphics Tablet market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Growing Animation Industry, The Rising Demand for Graphics Tablet in Industrial Design and Latest Technological Advancements
Challenges:
Limited screen space.
Restraints:
The High Cost of the Product
Opportunities:
The Launch of Innovative Graphics Tablets and Emerging Demand from Economies
Market Leaders and their expansionary development strategies
In January 2024, Hanvon Ugee, a global leader in digital drawing and writing, showcased its latest innovative products and solutions at the highly anticipated CES 2024 in Las Vegas. It showcased its technological prowess in digital drawing and writing to global partners at this influential tech event. Attendees who visit Booth #1101 at the Westgate's Tech East location of the show will have the opportunity to view and experience the company's three major proprietary brands.
In February 2018, Wacom (Japan) a leader in graphics tablet has launched new Wacom Cintiq Pro graphics tablets series such as Wacom Cintiq Pro 24 and the Wacom Cintiq Pro 32. New models have a 4K screen, stunning color performance and virtually no parallax. Designed to help digital artists take their work to the next level, the latest releases deliver a cutting-edge and easy-to-use design experience that also caters for augmented and virtual reality.
Key Target Audience
Manufacturers Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.