Drawing Tablet and Graphics Tablets Market Size, Share, Growth, and Industry Analysis, By Type (512 Level, 1024 Level, 2048 Level, 4096 Level and Others), By Application (Industrial Design, Animation & Film, Advertising and Others), Regional Insights, and Forecast To 2032

Updated On: 15 April 2024

Drawing Tablet and Graphics Tablets Market REPORT OVERVIEW

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The global drawing tablets and graphics tablets market size was USD 1053.3 million in 2022. As per our research and analysis, the market is projected to touch USD 1328.4 million by 2029, exhibiting a CAGR of 3.3% during the forecasting period.

The global COVID-19 pandemic has been unprecedented, staggering, as the drawing tablets and graphics tablets market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributed to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Drawing tablets and graphics tablets are electronic devices that artists, designers, and creators of digital content use to draw, sketch, and design directly on the screen. In comparison to standard computer input devices such as a mouse or trackpad, they provide a more intuitive and precise drawing experience. These devices have grown in popularity among digital artists and designers because they provide a more natural and intuitive method of creating digital art than standard mouse and keyboard inputs. Drawing and graphics tablet sales have increased substantially in recent years, owing to rising demand for digital art and design tools.

COVID-19 Impact: Pandemic Foot Restrictions Accelerated the Market Growth

The epidemic hastened the adoption of digital art and entertainment, with more individuals resorting to digital platforms for creativity and amusement at times when outside activities were limited. Many people turned to remote employment and online learning setups as a result of lockdowns and social distancing efforts. As artists, designers, students, and professionals sought tools to improve their digital workflows from home, the demand for drawing tablets and graphics tablets market share surged. This trend increased the demand for sketching and graphics tablets. Due to the closing of schools and colleges, students and educators have been forced to adapt to remote learning and digital teaching approaches. Drawing and graphics tablets were critical in enabling dynamic and creative teaching and learning experiences.

LATEST TRENDS

"Innovation Products Accuracy and Wireless Connectivity to Advance the Market Share"

With each passing year, the market becomes more competitive. As a result of technical breakthroughs and inventions, customers' preferences have altered. The increased demand for novel products motivates businesses to spend in R&D on a regular basis. The market was experiencing constant technical developments. Some of the primary areas of innovation were improvements in pressure sensitivity, pen precision, display resolution, and interoperability with diverse software applications. Many drawing tablets included wireless connectivity, giving artists more flexibility of movement and decreasing cable clutter.

Drawing Tablet and Graphics Tablets Market SEGMENTATION

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• By Type Analysis

Based on type, the drawing tablets and graphics tablets market is subdivided into 512 level, 1024 level, 2048 level, 4096 level and others.

• By Application Analysis

Based on the applications, the drawing tablets and graphics tablets market is subdivided into industrial design, animation & film, advertising and others.

DRIVING FACTORS

"The Timely Software Support, Integration with Mobile Devices to Gain Traction in the Market Share"

Drawing tablets and graphics tablets have transformed how artists and designers create digital art. Some drawing tablets are compatible with smartphones and tablets, allowing artists to utilise their mobile devices as secondary screens or sketchpads. Many drawing tablets included software or were compatible with popular creative apps such as Adobe Photoshop, Illustrator, and Corel Painter. Despite several drawbacks, drawing tablets and graphics tablets remain crucial tools for digital artists and designers due to their various benefits and manufacturers' ongoing progress in tackling these difficulties.

"The Diverse Price Range and Paradigm Towards Digital Devices Advance Up the Market Share"

As the digital painting, animation, and graphic design sectors grew, so did the demand for drawing and graphics tablets. These devices were purchased by both amateur and professional artists in order to improve their creative workflow. Drawing tablets were available on the market at a variety of pricing points, making them affordable to artists of all budgets. Professionals were often catered to by high-end versions with complex capabilities, while beginners and hobbyists had more economical options.

RESTRAINING FACTORS

"High Cost Associated, Connectivity and Battery Life of the Devices to Restrain the Market Growth"

Drawing Tablet and Graphics Tablets Market REGIONAL INSIGHTS

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"North America to Lead with Major Applications in Automotive, Defense and Aerospace Industries"

In terms of digital art and design, the Asia-Pacific area has seen significant growth, and it is home to numerous key manufacturers of drawing tablets and graphics tablets. Countries with a big user base of artists and designers, such as China, Japan, South Korea, and India, add to the region's demand. Wacom was a well-known and well-recognized brand in the drawing tablet business. They provided a diverse choice of items to meet the needs and budgets of its customers. Huion, XP-Pen, Gaomon, and Apple with their iPad Pro lineup, which grew increasingly popular among artists, were other major players. Other regions will see significant growth in the usage of drawing tablets and graphics tablets as the market evolves.

KEY INDUSTRY PLAYERS

"The Prominent Players Contributing in the Market Growth"

The market's expansion was significantly impacted by the techniques employed by market participants in recent years, such as extensions. The report covers details and information about the firms and their interactions with the market. The data is gathered and published through appropriate research, technological advancements, expansions, and expanding machinery and equipment. Other considerations taken into account for this market are the businesses that develop and provide new products, the geographic areas in which they function, mechanization, innovation strategies, generating the maximum revenue, and using their products to make a significant difference.

List of Market Players Profiled

• Wacom (Japan)
• Huion (China)
• UGEE (China)
• ViewSonic (U.S.A)
• Samsung (South Korea)
• Hanwang (China)
• Bosto (U.S.A)
• PenPower (China)
• AIPTEK (China)
• Adesso (Germany)
• Gaomon (China)
• VEIKK (India)
• Xiaomi (China)

REPORT COVERAGE

The report examines elements affecting the demand and supply sides and estimates dynamic market forces for the forecast period. The report offers drivers, restraints, and future trends. After evaluating governmental, financial, and technical market factors, the report provides exhaustive PEST and SWOT analysis for regions. The research is subject to alteration if the key players and probable analysis of market dynamics change. The information is an approximate estimate of the factors mentioned, taken into consideration after thorough research. Researching of recent industry developments, deep study on market shares and strategies of major players and the emerging niche segments and regional market areas are covered in the report.