USD 69.13 million growth in digitizer Market 2023-2027, 17000+ Technavio Research Reports

NEW YORK, Dec. 15, 2022 /PRNewswire/ -- According to Technavio, the global digitizer market size is estimated to grow by USD 69.13 million from 2022 to 2027. The market is estimated to grow at a CAGR of 3.25% during the forecast period. North America will account for 27% of the market's growth during the forecast period.

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Global Digitizer Market - Parent Market Analysis

Technavio categorizes the global digitizer market as a part of the global technology hardware, storage, and peripherals market within the overall global information technology market. The global technology hardware, storage, and peripherals market covers manufacturers of cellular phones, personal computers, servers, electronic computer components, and peripherals. It also includes data storage components, motherboards, audio and video cards, monitors, keyboards, printers, and other peripherals.

Find insights on parent market & value chain analysis, and download an exclusive sample!

Global Digitizer Market - Five Forces
The global digitizer market is fragmented, and the five forces analysis covers– 

• Bargaining Power of Buyers 
• The threat of New Entrants
• Threat of Rivalry
• Bargaining Power of Suppliers
• Threat of Substitutes
• Interpretation of porter's five models helps to strategize the business, for entire details – buy the report!

Global Digitizer Market – Customer Landscape 

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Digitizer Market - Segmentation Assessment

Segment Overview
Technavio has segmented the market based on end-user (automotive, aerospace and defense, industrial machinery, and electrical and electronics) and type (digitizer without screen and digitizer with screen).

• The automotive segment will grow at the highest rate during the forecast period. The increasing usage of digitizers, fueled by a rise in the demand for the digitizer industry globally, is primarily responsible for expanding this market segment. Digitizer sensors are built into autos to use radio waves to locate and detect items. In cars, digitizer sensors are used for a variety of purposes, such as cross-traffic monitoring, parking assistance, lane change aid, rear-end radar for collision warning or avoidance, and blind-spot detection. The rising integration of electronic systems and content in automobiles is also increasing the use of sensors during the forecast period.

Geography Overview
By geography, the global digitizer market is segmented into North America, Europe, APAC, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global digitizer market.

• North America will account for 27% of the market's growth during the forecast period. The market in North America is driven by key factors such as the growth of end-user industries, government initiatives to implement digitizers, and rising R&D expenditure by end-user industries. Other important factors include the increased adoption of digitizers by end-user industries, users' switch from traditional designing platforms to modern designing and sketching products, and the expansion of end-user industries.

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Global Digitizer Market – Market Dynamics

Key factor driving market growth
The development of innovative products leading to product premiumization is the key factor driving the global digitizer market growth. Vendors are investing heavily in R&D due to the growing demand for novel products. Customers also look for digitizers that make tasks less difficult to complete and are ergonomically designed. As a result, vendors are expanding their product lines by adding innovative designs and technology. Furthermore, end users tend to spend more on digitizers in order to digitize their operational processes. As a result, there is now a huge demand for inventive digitizers, particularly in the entertainment and automobile industries. Vendors are therefore making significant investments in the creation of novel goods and technologies to enhance the functionality and visual appeal of digitizers that satisfy various client requirements.

Leading trends influencing the market 

The introduction of digitizers that comes with customizable shortcut keys and are compatible with multiple designs and artist software will fuel the global digitizer market growth. End users are requesting digitizers with greater functionalities as digitizers gain popularity and usage. These updated features aim at improving the usability and functionality of the products. The popularity of digitizers is increasing throughout industries due to their compatibility with various designs and artist tools. During the projection period, demand in the market will be driven by the rising need for these digitizers and improved offerings by vendors.

Major challenges hindering the market growth

The high production cost is a major challenge to the global digitizer market growth. Digitizers can be used by individuals for personal use, even though they are typically used by professionals. The excessive cost of these devices, particularly for middle-class and low-income groups, prevents their widespread adoption. Professional users can purchase digitizers from many industries and suppliers for a set price that includes taxes and business margins. Since digitizers are so delicate, careless handling might result in permanent damage, which raises the cost. During the forecast period, these factors will limit the market's expansion.

Driver, Trend & Challenges are the factors of market dynamics that state about consequences & sustainability of businesses, find some insights from a free sample report!

What are the key data covered in this Digitizer Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the Digitizer Market between 2023 and 2027
• Precise estimation of the size of the Digitizer Market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the Digitizer Market industry across North America, Europe, APAC, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of Digitizer Market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market Overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global digitizer market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global digitizer market 2017 - 2021 ($ million)

• 4.2 Type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.3 End-user Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments 
• Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 Automotive - Market size and forecast 2022-2027
• Exhibit 34: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Automotive - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Automotive - Year-over-year growth 2022-2027 (%)

• 6.4 Aerospace and defense - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Aerospace and defense - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Aerospace and defense - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Aerospace and defense - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Aerospace and defense - Year-over-year growth 2022-2027 (%)

• 6.5 Industrial machinery - Market size and forecast 2022-2027
• Exhibit 42: Chart on Industrial machinery - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Industrial machinery - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Industrial machinery - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Industrial machinery - Year-over-year growth 2022-2027 (%)

• 6.6 Electrical and electronics - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Electrical and electronics - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Electrical and electronics - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Electrical and electronics - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Electrical and electronics - Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by End-user 
• Exhibit 50: Market opportunity by End-user ($ million)

7 Market Segmentation by Type

• 7.1 Market segments 
• Exhibit 51: Chart on Type - Market share 2022-2027 (%)
• Exhibit 52: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type 
• Exhibit 53: Chart on Comparison by Type
• Exhibit 54: Data Table on Comparison by Type

• 7.3 Digitizer without screen - Market size and forecast 2022-2027 
• Exhibit 55: Chart on Digitizer without screen - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Digitizer without screen - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Digitizer without screen - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Digitizer without screen - Year-over-year growth 2022-2027 (%)

• 7.4 Digitizer with screen - Market size and forecast 2022-2027 
• Exhibit 59: Chart on Digitizer with screen - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Digitizer with screen - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Digitizer with screen - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Digitizer with screen - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Type 
• Exhibit 63: Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 65: Chart on Market share by geography 2022-2027 (%)
• Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 67: Chart on Geographic comparison
• Exhibit 68: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 Japan - Market size and forecast 2022-2027
• Exhibit 93: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 UK - Market size and forecast 2022-2027
• Exhibit 101: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.12 China - Market size and forecast 2022-2027
• Exhibit 105: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 109: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 110: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 112: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 113: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 114: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 115: Matrix on vendor position and classification

• 12.3 Adesso Inc. 
• Exhibit 116: Adesso Inc. - Overview
• Exhibit 117: Adesso Inc. - Product / Service
• Exhibit 118: Adesso Inc. - Key offerings

• 12.4 ADLINK Technology Inc. 
• Exhibit 119: ADLINK Technology Inc. - Overview
• Exhibit 120: ADLINK Technology Inc. - Business segments
• Exhibit 121: ADLINK Technology Inc. - Key offerings
• Exhibit 122: ADLINK Technology Inc. - Segment focus

• 12.5 Eastman Kodak Co. 
• Exhibit 123: Eastman Kodak Co. - Overview
• Exhibit 124: Eastman Kodak Co. - Business segments
• Exhibit 125: Eastman Kodak Co. - Key news
• Exhibit 126: Eastman Kodak Co. - Key offerings
• Exhibit 127: Eastman Kodak Co. - Segment focus

• 12.6 GAOMON TECHNOLOGY Corp. 
• Exhibit 128: GAOMON TECHNOLOGY Corp. - Overview
• Exhibit 129: GAOMON TECHNOLOGY Corp. - Product / Service
• Exhibit 130: GAOMON TECHNOLOGY Corp. - Key offerings

• 12.7 Hanvon Ugee Technology Co. Ltd. 
• Exhibit 131: Hanvon Ugee Technology Co. Ltd. - Overview
• Exhibit 132: Hanvon Ugee Technology Co. Ltd. - Product / Service
• Exhibit 133: Hanvon Ugee Technology Co. Ltd. - Key offerings

• 12.8 Hanwang Technology Co. Ltd. 
• Exhibit 134: Hanwang Technology Co. Ltd. - Overview
• Exhibit 135: Hanwang Technology Co. Ltd. - Product / Service
• Exhibit 136: Hanwang Technology Co. Ltd. - Key offerings

• 12.9 Immersion Corp. 
• Exhibit 137: Immersion Corp. - Overview
• Exhibit 138: Immersion Corp. - Business segments
• Exhibit 139: Immersion Corp. - Key offerings
• Exhibit 140: Immersion Corp. - Segment focus

• 12.10 Parblo Tech Co. Ltd. 
• Exhibit 141: Parblo Tech Co. Ltd. - Overview
• Exhibit 142: Parblo Tech Co. Ltd. - Product / Service
• Exhibit 143: Parblo Tech Co. Ltd. - Key news
• Exhibit 144: Parblo Tech Co. Ltd. - Key offerings

• 12.11 Shenzhen Han-Bond Technology Co., Ltd.
• Exhibit 145: Shenzhen Han-Bond Technology Co., Ltd. - Overview
• Exhibit 146: Shenzhen Han-Bond Technology Co., Ltd. - Product / Service
• Exhibit 147: Shenzhen Han-Bond Technology Co., Ltd. - Key offerings

• 12.12 Shenzhen Huion Trend Technology Co. Ltd.
• Exhibit 148: Shenzhen Huion Trend Technology Co. Ltd. - Overview
• Exhibit 149: Shenzhen Huion Trend Technology Co. Ltd. - Product / Service
• Exhibit 150: Shenzhen Huion Trend Technology Co. Ltd. - Key offerings

• 12.13 Shenzhen Upin Technology Co. Ltd. 
• Exhibit 151: Shenzhen Upin Technology Co. Ltd. - Overview
• Exhibit 152: Shenzhen Upin Technology Co. Ltd. - Product / Service
• Exhibit 153: Shenzhen Upin Technology Co. Ltd. - Key offerings

• 12.14 TurcomUSA 
• Exhibit 154: TurcomUSA - Overview
• Exhibit 155: TurcomUSA - Product / Service
• Exhibit 156: TurcomUSA - Key offerings

• 12.15 UC Logic Technology Corp. 
• Exhibit 157: UC Logic Technology Corp. - Overview
• Exhibit 158: UC Logic Technology Corp. - Product / Service
• Exhibit 159: UC Logic Technology Corp. - Key offerings

• 12.16 ViewSonic Corp. 
• Exhibit 160: ViewSonic Corp. - Overview
• Exhibit 161: ViewSonic Corp. - Product / Service
• Exhibit 162: ViewSonic Corp. - Key offerings

• 12.17 Wacom Co. Ltd. 
• Exhibit 163: Wacom Co. Ltd. - Overview
• Exhibit 164: Wacom Co. Ltd. - Business segments
• Exhibit 165: Wacom Co. Ltd. - Key news
• Exhibit 166: Wacom Co. Ltd. - Key offerings
• Exhibit 167: Wacom Co. Ltd. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 168: Inclusions checklist
• Exhibit 169: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 170: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 171: Research methodology
• Exhibit 172: Validation techniques employed for market sizing
• Exhibit 173: Information sources

• 13.5 List of abbreviations 
• Exhibit 174: List of abbreviations

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