Graphics Tablet Market - Forecasts from 2019 to 2024
The graphics tablet market is projected to reach US$955.017 million by 2024 from US$506.553 million in 2018 with a CAGR of 11.43%. Graphics tablet or a drawing tablet is a hardware device used for digital artistry. They are also used by multiple professionals for entertainment, art, architecture, prototype designing and more. It comprises of a touch-sensitive surface or screen with multiple pressure levels to allow the user more usability. The demand for these tablets will increase with the rising demand for the media and entertainment industry. Moreover, the demand for these devices will snowball with rising automation in the designing and prototyping segments of various industries such as building and construction, automotive, healthcare and more. However, the high cost of acquiring and maintenance will limit the demand for graphics tables during the forecasted period.
DRIVERS
Growing trend towards digitization
Budding Media and Entertainment Industry
RESTRAINTS
Advancements in regular tablets and touch display PCs
INDUSTRY UPDATE
In March 2018, Wacom announced a new upgraded version of their Intous Pen Tablets for beginners and enthusiasts. The product comes bundled with software for drawing, painting and image editing.
In February 2018, Wacom announced their new Wacom Cintiq Pro 24 pen display. It comes with a 24-inch display and will be available in both pen and touch display versions.
The major players profiled in the graphics tablet market include Wacom, Huion Animation Technology Co., Ltd., Shenzhen Ugee Technology Development Co., Ltd., Xppen Technology Co., Monoprice, Inc., Gaomon Technology Corporation, Penpower Technology Ltd., and Parblo Inc. among others.
Segmentation
The graphics tablet market has been analyzed through the following segments:
By Component
Tablet
Stylus
Software
By Type
Pen Computers
Pen Displays
Pen Tablets
By End-Use
Media and Entertainment
Art and Designing
Architecture
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
South Korea
India
Others
DRIVERS
Growing trend towards digitization
Budding Media and Entertainment Industry
RESTRAINTS
Advancements in regular tablets and touch display PCs
INDUSTRY UPDATE
In March 2018, Wacom announced a new upgraded version of their Intous Pen Tablets for beginners and enthusiasts. The product comes bundled with software for drawing, painting and image editing.
In February 2018, Wacom announced their new Wacom Cintiq Pro 24 pen display. It comes with a 24-inch display and will be available in both pen and touch display versions.
The major players profiled in the graphics tablet market include Wacom, Huion Animation Technology Co., Ltd., Shenzhen Ugee Technology Development Co., Ltd., Xppen Technology Co., Monoprice, Inc., Gaomon Technology Corporation, Penpower Technology Ltd., and Parblo Inc. among others.
Segmentation
The graphics tablet market has been analyzed through the following segments:
By Component
Tablet
Stylus
Software
By Type
Pen Computers
Pen Displays
Pen Tablets
By End-Use
Media and Entertainment
Art and Designing
Architecture
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
South Korea
India
Others
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. GRAPHICS TABLET MARKET BY COMPONENT
5.1. Tablet
5.2. Stylus
5.3. Software
6. GRAPHICS TABLET MARKET BY TYPE
6.1. Pen Computers
6.2. Pen Displays
6.3. Pen Tablets
7. GRAPHICS TABLET MARKET BY END-USE
7.1. Media and Entertainment
7.2. Art and Designing
7.3. Architecture
7.4. Others
8. GRAPHICS TABLET MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Spain
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. Israel
8.4.3. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. South Korea
8.5.4. India
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investmentss and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Wacom
10.2. Huion Animation Technology Co., Ltd.
10.3. Shenzhen Ugee Technology Development Co., Ltd.
10.4. Xppen Technology Co.
10.5. Monoprice, Inc.
10.6. Gaomon Technology Corporation
10.7. Penpower Technology Ltd.
10.8. Parblo Inc.
LIST OF FIGURES
LIST OF TABLES
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. GRAPHICS TABLET MARKET BY COMPONENT
5.1. Tablet
5.2. Stylus
5.3. Software
6. GRAPHICS TABLET MARKET BY TYPE
6.1. Pen Computers
6.2. Pen Displays
6.3. Pen Tablets
7. GRAPHICS TABLET MARKET BY END-USE
7.1. Media and Entertainment
7.2. Art and Designing
7.3. Architecture
7.4. Others
8. GRAPHICS TABLET MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Spain
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. Israel
8.4.3. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. South Korea
8.5.4. India
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investmentss and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Wacom
10.2. Huion Animation Technology Co., Ltd.
10.3. Shenzhen Ugee Technology Development Co., Ltd.
10.4. Xppen Technology Co.
10.5. Monoprice, Inc.
10.6. Gaomon Technology Corporation
10.7. Penpower Technology Ltd.
10.8. Parblo Inc.
LIST OF FIGURES
LIST OF TABLES
