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Stylus Pen Market size is set to grow by USD 472.3 billion from 2024-2028, Sustainable model of interactive teaching to boost the market growth, Technavio

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NEW YORK, June 7, 2024 /PRNewswire/ — The global stylus pen market  size is estimated to grow by USD 472.3 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  4.78%  during the forecast period. Sustainable model of interactive teaching is driving market growth, with a trend towards evolving learning methodologies. However, growing adoption of interactive flat panel displays and interactive projectors  poses a challenge. Key market players include Adonit, Apple Inc., Best Buy Co. Inc., Griffin Technology Inc., Hanwang Technology Co. Ltd., Hitachi Ltd., Honeywell International Inc., HP Inc., HuntWave Industrial Co. Ltd., International Business Machines Corp., KYE System Corp., Microchip Technology Inc., Microsoft Corp., Promethean World Ltd., Seiko Epson Corp., Smart boards, Songtak Technology Co. Ltd, Wacom Co. Ltd., WALTOP International Corp., and Yifang Digital Technology Co. Ltd.

Get a detailed analysis on regions, market segments, customer landscape, and companies – View the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Tablets and IWBs), Type (Active and Passive), and Geography (APAC, North America, Europe, Middle East and Africa, and South America)

Region Covered

APAC, North America, Europe, Middle East and Africa, and South America

Key companies profiled

Adonit, Apple Inc., Best Buy Co. Inc., Griffin Technology Inc., Hanwang Technology Co. Ltd., Hitachi Ltd., Honeywell International Inc., HP Inc., HuntWave Industrial Co. Ltd., International Business Machines Corp., KYE System Corp., Microchip Technology Inc., Microsoft Corp., Promethean World Ltd., Seiko Epson Corp., Smart boards, Songtak Technology Co. Ltd, Wacom Co. Ltd., WALTOP International Corp., and Yifang Digital Technology Co. Ltd

Key Market Trends Fueling Growth

The Stylus Pen market has experienced significant growth due to the increasing adoption of modern learning methodologies, such as blended learning and e-learning, in schools worldwide. The proliferation of virtual classrooms and e-learning tools, including interactive whiteboards, has enabled students to access homework and classwork online, interact with peers through video conferencing, and allow teachers to assess performance more effectively.

Blended learning, which combines online learning and face-to-face sessions, offers flexibility and cost savings. The growing popularity of e-books and digital textbooks is also driving market growth, as schools shift towards paperless environments and leverage the benefits of interactive whiteboards for delivering quality education. 

The Stylus Pen market is currently experiencing significant growth with various tech companies producing innovative products. The trend towards touchscreen technology in devices has led to an increase in demand for Stylus Pens. Digital drawing and note-taking have become popular activities, especially in the education sector. The market also offers a range of features such as pressure sensitivity, tilt recognition, and Bluetooth connectivity.

Companies are focusing on creating comfortable and ergonomic designs to cater to user preferences. Additionally, the market is witnessing the introduction of capacitive Stylus Pens that work seamlessly with touchscreens. The future looks bright for this market with continuous advancements in technology. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

•         The stylus pen market faces impediments due to the declining adoption of interactive whiteboards (IWBs) in favor of interactive projectors and flat panel displays. These devices, including IWBs and projectors, allow user interaction and can be used on various surfaces.

•         However, interactive flat panel displays, similar to touchscreen devices, offer higher resolutions and larger screen sizes, making them more desirable. Consequently, the market growth for stylus pens may be hindered during the forecast period due to this shift in preference.

•         The Stylus Pen Market faces several challenges in the current business landscape. One significant challenge is the increasing competition from other digital input devices like tablets and touchscreens. Another issue is the constant need to improve product features, such as pressure sensitivity and battery life, to stay competitive.

•         Additionally, the cost of production and distribution can be a challenge, especially for smaller companies. Furthermore, consumer preferences and trends also impact the market, requiring businesses to adapt quickly. Lastly, ensuring compatibility with various devices and software can be a complex task, adding to the overall challenges in the Stylus Pen Market.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

Application 1.1 Tablets1.2 IWBsType 2.1 Active2.2 PassiveGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Tablets-  The tablet segment dominates the global stylus pen market in 2023, driven by increasing popularity among artists and students. Apple Pencil, exclusively for iPad Pro, and offerings from Samsung, Lenovo, and Microsoft are notable. Continuous tablet launches fuel demand, with universal styluses expanding market reach to various devices. Apple’s 10th generation iPad launch in October 2022 underscores this trend.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Stylus Pen market encompasses a wide range of digital tools designed for Drawing, Design, and Writing on Digital Tablets with Touchscreens. These devices, which can be Active or Rechargeable, utilize various technologies such as Capacitive and Bluetooth to ensure Compatibility with various Operating Systems like Android and iOS.

The Stylus Pens offer Precision and Pressure Sensitivity, making them indispensable for Creative Artists and Graphic Designers. Brands offer various features like Apple’s iPad compatibility, Microsoft Surface Pen, or Samsung Galaxy S Pen, enhancing the user experience. Procreate, a popular digital art application, is often used in conjunction with these Stylus Pens to create stunning works of art.

Market Research Overview

The Stylus Pen Market encompasses a range of digital pen technologies designed to replicate the experience of writing with a traditional pen, while integrating with various devices for enhanced functionality. These pens typically feature pressure sensitivity, tilt recognition, and Bluetooth connectivity for seamless interaction with tablets and computers.

The market caters to professionals in industries such as architecture, design, and art, as well as students and consumers seeking a more natural writing experience in the digital realm. The market is driven by advancements in technology, increasing demand for portable and efficient solutions, and the growing popularity of digital note-taking and drawing applications. The market also offers various accessories, such as replacement tips and carrying cases, to cater to the diverse needs of users.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationTabletsIWBsTypeActivePassiveGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

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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SOURCE Technavio

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Starburst Announces Strategic Investment from Citi

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BOSTON, May 19, 2025 /PRNewswire/ — Starburst, the data platform for apps and AI, today announced a strategic investment from Citi.

Starburst’s platform enables organizations to unify access to distributed data, across cloud, on-premises, and hybrid environments, without the need for data duplication or complex migrations.

Starburst’s vision is to deliver cutting-edge AI and analytics solutions on an open, hybrid data lakehouse foundation.The investment strengthens the company’s momentum in enabling global enterprises to build secure, scalable, and intelligent data applications.By bringing AI “lakeside,” Starburst eliminates the traditional friction between data, governance, and AI. Starburst’s technology is used by 10 of the top 15 banks.

The investment was made through Citi’s Markets Innovation & Investments division. “We’re excited to collaborate with Starburst to help shape the future of enterprise data and AI,” said Lee Smallwood, Global Head of Markets Innovation and Investments, Citi. “Our strategic investment reflects Citi’s commitment to advancing a modern, AI-ready data infrastructure, prioritizing governance, performance, and flexibility to power mission-critical financial services in a global, regulated environment.”

“Our mission is to meet the data challenges faced by complex, global institutions,” said Justin Borgman, CEO and Co-Founder of Starburst. “We’re proud to provide our clients with a secure, high-performance platform that enables access to data wherever it lives. Citi’s investment reinforces our mission to remove barriers between data and insight, especially in industries where speed, trust, and governance are non-negotiable.”

Starburst continues to expand its reach into high-demand, regulated industries where AI is becoming a cornerstone of transformation.

About Starburst 

Starburst is the data platform built for flexibility, delivering fast, secure access to all your data, wherever it lives. Whether on-premises, across clouds, or in hybrid environments, Starburst provides choice and control to your architecture. Built on an open data stack with Trino and Apache Iceberg, it unifies distributed data without complex or costly migrations, unleashing the full power of the data lakehouse for analytics and AI.

With our Lakeside AI architecture, enterprises gain federated access, governed collaboration, and full data lineage, laying the foundation for scalable, compliant AI innovation. Starburst empowers data-intensive and security-conscious organizations to unlock the full potential of their data while ensuring performance, governance, and control.

Enterprises in 60+ countries, including Comcast, Citigroup, and 4 of the top 5 global banks, trust Starburst to maximize data value. Our strategic partnerships with AWS, Dell Technologies, and top cloud providers ensures seamless interoperability across environments.

From insights to action to AI, Starburst fuels innovation at every level. Learn more at starburst.ai.

Logo – https://mma.prnewswire.com/media/2286645/Starburst_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/starburst-announces-strategic-investment-from-citi-302456965.html

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Ecotrak Launches Self-Service CMMS, Empowering Small Businesses to Take Control of Facilities Management

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IRVINE, Calif., May 19, 2025 /PRNewswire/ — Ecotrak, the leading provider of facility and asset management software for multi-location businesses, has officially launched Ecotrak Build, a self-service CMMS (Computerized Maintenance Management System) designed specifically for small business operators. Built from the ground up for speed, simplicity, and affordability, Ecotrak Build is now available for just $25 per year, per location—and includes a 30-day free trial.

With the launch of its self-service portal, Ecotrak is removing traditional barriers to entry like implementation delays and expensive onboarding. Small business owners can now sign up in minutes, set up locations, find vendors, and start managing their repairs from one easy-to-use platform.

“We built Ecotrak Build for the operators who do it all—the ones wearing five hats and still trying to keep their equipment running,” said Daniel Castleman, VP of Product at Ecotrak. “There hasn’t been a robust CMMS solution made specifically for small business. Build changes that. It’s affordable, it’s powerful, and it’s ready to go when you are.”

Key features of Ecotrak Build include:

Instant access to pre-vetted service providers

Unlimited work orders and invoices

Support for up to 10 locations during the free trial

Mobile app for fast, on-the-go service requests

A clean, intuitive dashboard

From plumbing issues and HVAC breakdowns to equipment maintenance and emergency repairs, Ecotrak Build gives operators the ability to respond fast, assign vendors, track progress, and manage costs—all in real time.

The self-service experience was designed to be plug-and-play:

Create an accountAdd your locationsInvite and assign vendorsSubmit your first service requestStart tracking work

Build is ideal for quick-service restaurants, franchise owners, coffee shops, gyms, salons, convenience stores, and any other small business that depends on equipment working day in and day out. Unlike enterprise CMMS tools built for corporate facilities teams, Build meets operators where they are—with simple workflows, mobile-first access, and no unnecessary complexity.

The platform is now live at www.ecotrak.com/pricing, where new users can sign up and begin their 30-day free trial.

About Ecotrak

Ecotrak is more than a facility management platform—it’s your partner in the trenches. Built for businesses that can’t afford downtime, Ecotrak delivers real solutions, real insights, and real support to help facility teams run smoother, spend smarter, and plan for the long haul.

With an intuitive, easy-to-use platform, Ecotrak simplifies asset management, work orders, and service provider coordination—so facility teams can stop putting out fires and start making bigger-picture decisions. Whether it’s preventing breakdowns, maximizing budgets, or optimizing operations, Ecotrak is right there with you, every step of the way. Together, we run it. For more information, visit ecotrak.com.

Ecotrak Media Contact
Shawna Moore
Director of Marketing
shawna@ecotrak.com
(310) 365-7634

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SOURCE Ecotrak Facility Management Software

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T-Kartor Introduces Field-Proven, Cloud-Native Geospatial Platform

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Packaged solution to simplify integration and maximize performance for geospatial operations

ST. LOUIS, May 19, 2025 /PRNewswire/ — T-Kartor, the leader in harnessing geospatial solutions for real-world impact, announced today the release of the latest version of its proven geospatial platform. This platform streamlines individual components and capabilities into a single, cohesive platform for data management, analysis and decision-making.

Geospatial information can help public and private organizations unlock new opportunities, make secure decisions for communities, and gain strategic insights that can be used for further business growth and operational resilience. T-Kartor’s platform brings together all of this information from disparate sources to help organizations manage, analyze, visualize, and disseminate new insights that help inform improved decision-making.

With the upgraded platform, users gain:

A simplified codebase ensures more consistency and streamlined communication between T-Kartor products such as Iris and Orion, ultimately maximizing the value of customers’ investments.New tools for evaluating an organization’s spatial and non-spatial data holdings help illustrate which resources are used most and which are underused and identify the source of requests and geographies queried most often.Ability to elastically scale up, down, or out as compute resources are needed.New enhanced external APIs for machine-to-machine communication and integration into legacy workflows and systems that make extending the T-Kartor platform into existing architectures easier than ever before.

Anthony Calamito, chief strategy officer, T-Kartor, said: “Many geospatial software platforms exist on the market, but few, if any, are cloud-native and designed specifically for modern DevOps environments. What T-Kartor is bringing to market will fundamentally change how software is provisioned and scaled to support enterprise geospatial operations by providing insight into what an organization uses most often, how much compute power is needed, and where resources may be better allocated.” 

Magnus Persson, vice president of products, T-Kartor, said: “As a cloud-first product company, we are focused on engineering our products to be best suited to modern, DevOps architectures and deployment patterns to meet the demands of our customers today. We continue to evolve our platform to work in containerized environments (both Kubernetes and Docker) to support the needs of our customers.”

To learn more about how the new T-Kartor platform can help you get better geospatial insights for a changing world, visit here or meet the team live at the GEOINT Symposium at Booth 1141 from May 18-21.

About T-Kartor

T-Kartor USA is an agile, innovative business combining cartographic, GIS, and programming skills to deliver high-quality and affordable solutions. T-Kartor USA, located in St Louis, Missouri, is a subsidiary of T-Kartor Group AB, a privately-owned entity founded in Kristianstad Sweden in 1985. T-Kartor has offices in five countries; Sweden, Norway, Finland, the U.K., and the U.S. T-Kartor Group AB is committed to providing services and platforms for geospatial solutions, seamless one-feature-one-time map production, world-class city wayfinding, and integrated public transport information.

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SOURCE T-Kartor

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