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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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AIE Graduates create visual effects for Academy-nominated film

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NAWI, a feature film whose visual effects were created by graduates from the Academy of Interactive Entertainment (AIE), has been officially nominated by Kenya for entry into the 97th Academy Awards in the category of Best International Feature Film. NAWI is a heartfelt story about a young girl’s journey towards empowerment and aims to shed light on a pressing issue that affects countless young women in the Turkana region of Kenya.

CANBERRA, Australia, Sept. 19, 2024 /PRNewswire-PRWeb/ — NAWI, a feature film whose visual effects were created by graduates from the Academy of Interactive Entertainment (AIE), has been officially nominated by Kenya for entry into the 97th Academy Awards in the category of Best International Feature Film. NAWI is a heartfelt story about a young girl’s journey towards empowerment and aims to shed light on a pressing issue that affects countless young women in the Turkana region of Kenya.

“The film has a very important social message to tell so it was rewarding in many ways to be able to contribute to this project. NAWI was a fantastic opportunity for our graduates to put their skills to the test on a full-length feature film,” said Tom Pugh.

AIE graduates and teachers were given the opportunity to work on the film’s visual effects through AIE’s ongoing partnership with Learning Lions, who produced the film with Film Crew & Baobab Pictures. AIE is proud to support Learning Lions non-profit mission to enable young adults in marginalised rural communities of East Africa to become digital creatives by providing game development training and technology.

The visual effects for NAWI were brought to life by AIE teachers and experienced industry professionals, Thomas Magill and Tom Pugh, who were tasked with supervising the visual effects and liaising with the film’s Directors, Apuu Mourine, Kevin Schmutzler, Tobias Schmutzler and Toby Schmutzler. They assembled a team of recent AIE graduates and worked out how to create the effects required to immerse audiences in Nawi’s world.

“Graduates were able to take the skills they had learnt in class and apply them to cinema-quality footage. There was even a bit of nervous excitement working with professional expectations and deadlines,” said Tom Pugh.

Thomas Magill explained that most of the work involved compositing such as fixing blemishes, removing unwanted folds in clothing, changing pages in a book and removing background actors that were in the wrong place.

“We had a river shot where there was only a sandbank, and we had to create an entire island! There were several shots filmed in a dry riverbed which required us to create floodwater. We had to draw upon various disciplines: not just digital compositing but also visual effects creation and fluid simulations,” said Thomas Magill.

Both teachers enthused that the directors were a pleasure to work with and the collaboration was smooth.

“The film has a very important social message to tell so it was rewarding in many ways to be able to contribute to this project. NAWI was a fantastic opportunity for our graduates to put their skills to the test on a full-length feature film,” said Tom Pugh.

Learning Lions and AIE look forward to seeing NAWI progress through two rounds of voting by members of the Academy of Motion Picture Arts and Sciences to narrow the list of submitted films down to five nominees for the Best International Feature Film.

About Academy of Interactive Entertainment (AIE)

AIE offers practical, career-focused courses delivered by industry-experienced teachers in 3D animation, game development, visual effects and film. Since 2019 AIE has sponsored scholarships to their Certificate and Diploma programs to Learning Lions student. AIE provided laptops and is supporting with opportunities at various gaming companies around the world for paid part-time and full-time work.

https://aie.edu.au/

About Learning Lions

Learning Lions is fighting poverty with digital opportunity. Established in 2015, Learning Lions equips local youth with essential IT and media skills, and empowering them to become entrepreneurs and self-sustaining individuals. By leveraging digital services, these aspiring entrepreneurs not only support themselves but also provide opportunities for others through employment and mentorship.

https://www.learninglions.org/

Media Contact

Neil Boyd, Academy of Interactive Entertainment, 61 434273190, neilb@aie.edu.au, https://aie.edu.au/

Facebook, LinkedIn

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SOURCE Academy of Interactive Entertainment

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Valhalla MSO Launches Impetus One to Enhance Valhalla Vitality’s Telehealth Platform

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Valhalla MSO launches Impetus One, enabling healthcare providers to expand services, improve patient retention, and boost revenue with no upfront costs

MIAMI, Sept. 19, 2024 /PRNewswire-PRWeb/ — Valhalla MSO is excited to announce the launch of Impetus One (IO), a new software designed to power the Valhalla Vitality Network Provider Program. This initiative aims to expand the reach and capabilities of independent healthcare providers by offering an alternative to the traditional insurance model. With a focus on preventative medicine and wellness therapies, the platform is set to enhance patient care while creating new revenue opportunities for providers.

The Valhalla Vitality Network Provider Program addresses the gap created by insurance companies that often deny coverage for preventative medicine, wellness services, and even weight loss therapies. Insurance typically does not compensate healthcare providers for the time spent improving a patient’s overall health. Impetus One (IO) offers an alternative by providing a cash-pay marketplace where providers are fairly compensated for delivering impactful, life-changing services to their patients.

Key Benefits for Providers

Impetus One Software Integration: The platform integrates seamlessly with Valhalla Vitality, offering an e-commerce marketplace that connects patients with a wide range of health services. Providers can easily adopt the system to deliver therapies and other services, ensuring smooth payment processing and order fulfillment.No Upfront Costs: Providers can join the Network Provider Program without any initial fees. They simply share a unique link with patients, allowing for easy access to services, and payments are processed as orders are placed. Partner pharmacies handle medication shipments directly, creating a hassle-free experience for providers.Boosting Patient Retention: The platform includes a VIP Rewards Program, designed to increase patient retention and loyalty. Patients earn points for discounts and exclusive benefits, which encourages ongoing engagement and care continuity.E-commerce and Wellness Integration: Unlike typical affiliate programs, Valhalla Vitality allows providers to retain full control of their patient relationships. Providers can generate revenue through the integrated e-commerce system without worrying about referral fees or kickbacks, enabling them to focus solely on delivering high-quality patient care.

By joining the Valhalla Vitality Network Provider Program, healthcare providers gain access to a scalable model that helps increase profits, introduce new services, and enhance patient satisfaction. The VIP Rewards Program also strengthens the bond between patients and providers, making healthcare more accessible and rewarding for all.

Healthcare providers looking to grow their practices and increase revenue can join the Valhalla Vitality Network by visiting http://www.providevitality.com. Valhalla MSO’s new platform is a powerful tool for delivering advanced, patient-centric healthcare with a focus on accessibility and quality.

For more information, visit Valhalla Vitality at http://www.valhallavitality.com.

Media Contact

Chris K., Valhalla Vitality, 888-888-8888, ck@s99agency.com, https://valhallavitality.com/

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SOURCE Valhalla Vitality

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Ultima Markets Wins Two Prestigious Awards at Global Forex Awards–Retail 2024!

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LIMASSOL, Cyprus, Sept. 19, 2024  /CNW/ — Ultima Markets, a leading global forex and CFDs brokerage, is thrilled to announce its double success at the prestigious Global Forex Awards – Retail 2024. The company won two distinguished awards: “Best Affiliates Brokerage – Global” and “Best Fund Safety – Global.”

The awards were presented during the event in Limassol, Cyprus, where Jean Philippe, Board Advisor, Corporate Governance and Sustainability at Ultima Markets, accepted the honours.

The Global Forex Awards – Retail has celebrated excellence in trading innovation for seven consecutive years. Ultima Markets’ dual wins reflect its commitment to quality, client-centric strategies, and strong partnerships across the financial services sector.

The “Best Affiliates Brokerage—Global” award recognises Ultima Markets’ exemplary affiliate programme, which has successfully driven its global expansion. It is celebrated for its transparency and competitive rewards tailored to affiliate needs.

Receiving the “Best Fund Safety – Global” award highlights Ultima Markets’ efforts to safeguard client assets. Through its partnership with Willis Towers Watson, the company provides up to USD$1,000,000 in insurance per account, while its Financial Commission membership ensures clients access to up to €20,000 in compensation funds.

These recognitions underscore Ultima Markets’ priority to security and transparency, including segregated accounts and robust risk management practices. The broker also assures affiliate partners of exceptional standards.

Commenting on the awards, Jean Philippe said, “These recognitions reflect the exceptional work of our teams to ensure the safety of traders’ funds and our dedication to creating value for our partners and clients. We will continue to evolve and innovate to meet the market’s demands.”

Ultima Markets is renowned for its extensive range of trading products and personalised customer service, designed to meet clients’ diverse needs worldwide. The dual recognition marks a significant milestone in the company’s global growth and reaffirms its reputation for delivering fund safety and robust affiliate opportunities.

“We are delighted to be recognised with these awards, which reflect our mission to create a secure trading environment and build strong, rewarding partnerships,” said Jack Li, Ultima Markets’ Regional Business Director.

About Ultima Markets

Ultima Markets is a fully licensed, fast-growing broker offering access to 250+ financial instruments. With a team of 2,000+ professionals in 15 global offices, we serve clients in 172 countries. Check out more about our awards on Facebook, X, Instagram, LinkedIn and YouTube.

 

 

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SOURCE Ultima Markets

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