NEW YORK, Dec. 7, 2021 /PRNewswire/ — The capacitive stylus market value is set to grow by USD 51.72 million, progressing at a CAGR of 4.18% from 2021 to 2026, as per the latest report by Technavio.
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One of the key factors driving growth in the capacitive stylus market is the increasing use of laptops. Educational institutions such as schools and universities are adopting laptops in their classrooms owing to factors such as low costs, wireless access, and convenience. Several schools are adopting virtual technologies and providing online courses that allow students to learn at their convenience. All these factors are increasing the demand for laptops, which, in turn, is driving the market growth in focus. Apart from educational intuitions, corporate organizations have been major end-users of laptops. Additionally, the COVID-19 pandemic has significantly increased the demand for laptops due to the increased adoption of the work-from-home (WFH) model by many companies across the globe.
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The inadequate cybersecurity measures will be a major challenge for the capacitive stylus market vendors. With the increased digitization of education, the threats related to information security, unwarranted access, and student data privacy have increased. The key reasons for the vulnerability of the educational sector to cyberattacks include the availability of valuable user and organizational data, the lack of a centralized structure for data storage, and the unregulated use of personal digital devices. The inadequacy of the cybersecurity measures adopted by organizations, especially educational institutions and individual learners, is expected to hamper the growth of PCs and tablets and, in turn, affect the global capacitive stylus market adversely.
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Capacitive Stylus Market: Segmentation Analysis
This market research report segments the capacitive stylus market by Application (tablets, laptops, smartphones, and others) and Geography (APAC, Europe, North America, South America, and MEA).
APAC will register the highest growth rate of 43% among the other regions. Therefore, the capacitive stylus market in APAC is expected to garner significant business opportunities for the vendors during the forecast period. China, Japan, and India are the key markets for capacitive styluses in APAC. Market growth in this region will be faster than the growth of the market in regions. The increased consumer demand for tablets and laptops and the presence of major vendors operating in the global market will facilitate the capacitive stylus market growth in APAC over the forecast period.
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Some of the key topics covered in the report include:
Market Challenges
Market Drivers
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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Capacitive Stylus Market Scope |
|
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.18% |
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Market growth 2022-2026 |
$ 51.72 million |
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Market structure |
Concentrated |
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YoY growth (%) |
3.48 |
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Regional analysis |
APAC, Europe, North America, South America, and MEA |
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Performing market contribution |
APAC at 43% |
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Key consumer countries |
China, US, Germany, Japan, and India |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Apollo Electronics Co. Ltd., Best Buy Co. Inc., Hanwang Technology Co.,Ltd, HuntWave Industrial Co. Ltd., KYE Systems Corp, Microsoft Corp., Newell Electronics Co. Ltd., Shenzhen Upin Technology Co. Ltd., Wacom Co. Ltd., and WALTOP International Corp. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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