Global Digitizer Market 2017-2021
Digitizers make the digital artwork easier and more accurate. Drawing with a mouse is not ideal and often difficult. The most popular type of digitizer is digitizers without display. They consist of a flat pad and have a specialized digital pen. They are highly preferred by architects and animation designers. The other types of digitizers are embedded display digitizers. In this type of digitizers, the user can directly draw on the screen. They are highly preferred by hobbyists such as artists. The high cost of these digitizers is the major reason for their low deployment across different industries.
Technavio’s analysts forecast the global digitizer market to grow at a CAGR of 0.94% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global digitizer market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of digitizers across industries.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Digitizer Market 2017-2021
Technavio recognizes the following companies as the key players in the global digitizer market: Wacom.
Other Prominent Vendors in the market are: Aiptek International, Bosto, gaomon Technology, Hanwang Technology, PenPower, Shenzhen Ugee Technology, Huion Technology, Tsinghua Tongfang, and ViewSonic.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is adoption of e-learning and one-on-one learning. E-learning is gaining popularity in educational institutions across the world. E-learning service providers offer their solutions through latest tools and technologies. Media-rich and graphic-based learning are being adopted widely to enhance the quality of education and improve interaction in classrooms.”
According to the report, one of the major drivers for this market is growing CAD market. CAD is one of the major applications of the digitizers. CAD software is used in a number of applications. Some of the popular applications automotive industry, aerospace and defense industry, industrial machinery industry, electrical and electronics industry, and others.
Further, the report states that one of the major factors hindering the growth of this market is high cost. The graphics tablets are much more expensive. However, their prices are declining as there are no new innovations in the digitizer market. They are large investments for the artists or small studios. The high cost of digitizers can prevent the investments, due to several other options. The large-scale deployment will lead to significant investment. The cost increases when the repairs and the replacements are considered, as the digitizer are worn out or damaged out over the course of their lives.
Wacom, Aiptek International, Bosto, gaomon Technology, Hanwang Technology, PenPower, Shenzhen Ugee Technology, Huion Technology, Tsinghua Tongfang, and ViewSonic.