The report forecasts the global stylus pen market to grow at a CAGR of 5.7% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: One trend which is expected to boost market growth is the progressive development of digital content. The implementation of online and blended learning methods boosts the emphasis on advanced technologies to support content development.
Teaching methods used in the classroom have improved drastically during the past couple of years. Schools and universities are constantly evolving and becoming increasingly sophisticated by harnessing advanced technologies. The introduction of learning management systems (LMSs) and learning content management systems (LCMSs) in the market has made development of content faster for academicians and education experts.
According to the report, a key growth driver is the use of sustainable models of interactive teaching. Schools function on strict budgets, hence, within the global education market, the sustainability quotient of any innovation is highly important. Based on this factor, schools consider investment decisions on concepts, technologies, and devices. The demand for sustainable innovations in the global education market is high. Many schools and universities are spending heavily on various innovative products to enhance the learning and teaching methods. IWBs and stylus pens are one such innovation for the education market, using which, schools garner maximum benefits from their technology budgets.
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the strengths and weaknesses of the key vendors?
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Overview of global tablets and IWB supply chain