Digital drawing tablet market is anticipated to grow at a significant CAGR of 4.5% during the forecast period. The rise in digitization, increasing preference towards more hi-tech approaches, and technology in most of the industries have shifted consumers' preference towards digital drawing or graphic tablets in the past few years. More and more artists are shifting to use these tablets owing to its easy carry feature as compared to traditional drawing. It has contributed to the growth of the market which can be seen in the market players' growth. For instance, as per the annual report of ViewSonic, the company faced 22% year-on-year growth in 2020.
Impact of COVID-19 Pandemic on Global Digital Drawing Tablet Market
COVID-19 pandemic had restricted most of the industries owing to the lockdown in most of the countries. Government restriction to stop the spread of the virus had stopped most of the productions including digital drawing tablets but the effect was not that big as it did affect the other industries. For instance, as per the annual report of WACOM from April 2019 to March 2020, the net sales reached $765.6 million which was $773.6 million in the previous annual report. But as the situation got normal sales of the digital drawing tablet grew exponentially owing to the growing culture of work or study from home, and growing media consumption. As per the annual report of WACOM from April 2020 to March 2021, the net sales reached $ 938.1 million which was more than 21% as compared to the previous annual report.
Segmental Outlook
The global digital drawing tablet market is segmented based on the type and application. Based on the type, the market is segmented into digitizer tablet, monitor tablet, and tablet PC. Based on the application, the market is sub-segmented into the industrial design, animation & film, advertising, and other. Other application is included education. Based on type, the monitor tablet is dominating the market. Based on applications industrial design has a major share as compared to other applications.
Global Digital Drawing Tablet Market Share by Type, 2021 (%)
The Monitor Tablet Segment Anticipated to Hold Considerable Share in the Global Digital Drawing Tablet Market
Monitor tablet holds the major share in the market and is anticipated to grow significantly during the forecast period. The multifunctionality of the monitor tablets as compared to the others is the major factor that is contributing to the growth of the market. Monitor tablets can be used for other works which are not applicable on digitizer tablets. Moreover, a monitor tablet does not need to attach another thing such as a tablet PC, and a digitizer tablet does. Some of the key market players such as Apple, Samsung, and others only manufacture monitor tablets which also gives it an edge over other tablets.
Regional Outlooks
The global Digital Drawing Tablet market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). North America holds the major share in the market while Asia pacific is anticipated to grow fastest in the market.
Global Digital Drawing Tablet Market Growth, by Region 2022-2028
The North America Region Expected to Hold the Prominent Share in the Global Digital Drawing Tablet Market
The North American region holds the major share and is anticipated to grow significantly during the forecast period. The market in the region is primarily driven by the trend of early adoption of advanced technologies in the developed countries of the region. The early digitization has grown the digital drawing tablet users in the countries such as the US and Canada for architects, engineers, comics, animations, drafting, designing, and graphic novels. Moreover, the presence of the major market players such as Apple, Microsoft, and others also has contributed to the market by developing the technologies and launching new products. For instance, in April 2021, Apple launched its iPad Pro’s latest model with an 11-inch screen Apple M1 processor which gives a high-end performance in every function including drawing.
Market Players Outlook
The major companies serving the global digital drawing tablet market include GAOMON TECHNOLOGY CORP., Hanvon Technology Co., Ltd., Samsung Electronics, ViewSonic Corp., Wacom, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, on 3 September 2019, Wacom, Co. Ltd., announced its new product launch Wacom MobileStudio Pro 16, as an update to its category of high-tech mobile creative pen computers as an all-in-one solution to a desktop computer. The product was designed to full-fill demands from professional artists who request a drawing device that can be used at any place, while standalone, or while roaming. Additionally, it allows engineers, artists, and designers to use full versions of the heaviest creative software applications.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Digital Drawing Tablet Market
• Recovery Scenario of Global Digital Drawing Tablet Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. GAOMON TECHNOLOGY CORP.
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Hanvon Technology Co., Ltd.
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Samsung Electronics
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. ViewSonic Corp.
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Wacom
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Digital Drawing Tablet Market by Type
4.1.1. Digitizer Tablets
4.1.2. Monitor Tablets
4.1.3. Tablet PCs
4.2. Global Digital Drawing Tablet Market by Application
4.2.1. Industrial Design
4.2.2. Animation & Film
4.2.3. Advertising
4.2.4. Others (Education)
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Adesso Inc.
6.2. Apple Inc.
6.3. Beijing Veikk E-commerce Co.,Ltd.
6.4. Microsoft Corp.
6.5. PenPower TECHNOLOGY LTD.
6.6. Shenzhen BOSTO Technology Co., Ltd.
6.7. Shenzhen Huion Animation Technology Co., Ltd.
6.8. UGEE
6.9. Xencelabs
6.10. XP-PEN
1. GLOBAL DIGITAL DRAWING TABLET MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
2. GLOBAL DIGITAL DRAWING DIGITIZER TABLET MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL DIGITAL DRAWING MONITOR TABLET MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL DIGITAL DRAWING TABLET PC MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL DIGITAL DRAWING TABLET MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
6. GLOBAL DIGITAL DRAWING TABLET FOR INDUSTRIAL DESIGN MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL DIGITAL DRAWING TABLET FOR ANIMATION & FILM MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL DIGITAL DRAWING TABLET FOR ADVERTISING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL DIGITAL DRAWING TABLET FOR OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL DIGITAL DRAWING TABLET MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
11. NORTH AMERICAN DIGITAL DRAWING TABLET MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
12. NORTH AMERICAN DIGITAL DRAWING TABLET MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
13. NORTH AMERICAN DIGITAL DRAWING TABLET MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
14. EUROPEAN DIGITAL DRAWING TABLET MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
15. EUROPEAN DIGITAL DRAWING TABLET MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
16. EUROPEAN DIGITAL DRAWING TABLET MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
17. ASIA-PACIFIC DIGITAL DRAWING TABLET MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
18. ASIA-PACIFIC DIGITAL DRAWING TABLET MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
19. ASIA-PACIFIC DIGITAL DRAWING TABLET MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
20. REST OF THE WORLD DIGITAL DRAWING TABLET MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
21. REST OF THE WORLD DIGITAL DRAWING TABLET MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
22. REST OF THE WORLD DIGITAL DRAWING TABLET MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL DIGITAL DRAWING TABLET MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL DIGITAL DRAWING TABLET MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL DIGITAL DRAWING TABLET MARKET, 2021-2027 (%)
4. GLOBAL DIGITAL DRAWING TABLET MARKET SHARE BY TYPE, 2020 VS 2027 (%)
5. GLOBAL DIGITAL DRAWING DIGITIZER TABLET MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL DIGITAL DRAWING MONITOR TABLET MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL DIGITAL DRAWING TABLET PC MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL DIGITAL DRAWING TABLET MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
9. GLOBAL DIGITAL DRAWING TABLET FOR INDUSTRIAL DESIGN MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
10. GLOBAL DIGITAL DRAWING TABLET FOR ANIMATION & FILM MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL DIGITAL DRAWING TABLET FOR ADVERTISING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
12. GLOBAL DIGITAL DRAWING TABLET FOR OTHER MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
13. GLOBAL DIGITAL DRAWING TABLET MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
14. US DIGITAL DRAWING TABLET MARKET SIZE, 2020-2027 ($ MILLION)
15. CANADA DIGITAL DRAWING TABLET MARKET SIZE, 2020-2027 ($ MILLION)
16. UK DIGITAL DRAWING TABLET MARKET SIZE, 2020-2027 ($ MILLION)
17. FRANCE DIGITAL DRAWING TABLET MARKET SIZE, 2020-2027 ($ MILLION)
18. GERMANY DIGITAL DRAWING TABLET MARKET SIZE, 2020-2027 ($ MILLION)
19. ITALY DIGITAL DRAWING TABLET MARKET SIZE, 2020-2027 ($ MILLION)
20. SPAIN DIGITAL DRAWING TABLET MARKET SIZE, 2020-2027 ($ MILLION)
21. REST OF EUROPE DIGITAL DRAWING TABLET MARKET SIZE, 2020-2027 ($ MILLION)
22. INDIA DIGITAL DRAWING TABLET MARKET SIZE, 2020-2027 ($ MILLION)
23. CHINA DIGITAL DRAWING TABLET MARKET SIZE, 2020-2027 ($ MILLION)
24. JAPAN DIGITAL DRAWING TABLET MARKET SIZE, 2020-2027 ($ MILLION)
25. SOUTH KOREA DIGITAL DRAWING TABLET MARKET SIZE, 2020-2027 ($ MILLION)
26. REST OF ASIA-PACIFIC DIGITAL DRAWING TABLET MARKET SIZE, 2020-2027 ($ MILLION)
27. REST OF THE WORLD DIGITAL DRAWING TABLET MARKET SIZE, 2020-2027 ($ MILLION)