Digital Pen Market is expected to reach USD 6.29 billion by 2030, at a CAGR of 13.3%
Digital Pen Industry Overview The global digital pen market size was valued at USD 2.04 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 13.3% from 2022 to 2030. The growing need to digitize business in various sectors including banking, healthcare, education, and retail is expected to have a positive impact on market growth. It has been proved that digitization enhances productivity and helps in getting an edge over competitors. The outbreak of COVID-19 has significantly impacted the market share owing to a significant impact on prime market players. Conversely, the rise in demand for cheap digital pens and IoT-based smart applications, such as smartphone-based applications escalated the demand for digital pen solutions during the pandemic. Gather more insights about the market drivers, restrains and growth of the Global Digital Pen Market However, the lack of availability of a professional workforce due to partial ...