Technavio Announces Top 11 Vendors in the Global Stylus Pen Market Until 2020

Technavio has announced the top 11 leading vendors for the global stylus pen market in their latest research report. To identify the top vendors, Technavio’s market research analysts have considered the top contributors to the overall revenue of this market.

To calculate the market size, the report considers revenues generated from the sale of stylus pens for IWB and tablets used in the education sector. The sale of stylus pens to other equipment manufacturers (OEMs) is also considered for market size calculation.

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“Users in the education system depend on market vendors for hardware products such as IWBs and stylus pens that are used in these software and applications, and it is expected to act as an aid to the overall growth of the market during the forecast period,” said Sunil Kumar Singh, one of Technavio’s lead analysts for computing devices.

Top 11 leading vendors in the global stylus pen market:

Hanvon Technologies

Hanvon Technologies was established in 1998 and is headquartered in Beijing, China. It is the founder of the Chinese handwriting recognition technology. The company has partnered with some of the major companies such as Microsoft, Sony, Samsung, LG, Lenovo, and TCL. The company accounts for 70% of the share in both handwriting and optical character recognition (OCR) markets. The company also develops products related to biometric recognition. Some of the other products of the company's portfolio include eReader, pen tablets and displays, and components and biometric solutions (face ID).

Seiko Epson

Seiko Epson is headquartered in Nagano Prefecture, Japan. It manufactures computer printers and imaging solutions. In March 2013, Epson partnered with Promethean, a global education company, which provides educators in the US and Canada with a wide range of options for transforming classrooms into collaborative and interactive learning environments. Under this agreement, customers can purchase Promethean’s teaching and learning software named ActivInspire from Epson along with Epson’s industry-leading BrightLink interactive projectors.

Wacom

Wacom was founded in 1983 and is headquartered in Saitama, Japan. The country contributes 50.2% of the revenue share. The company dominates the global pen tablet market, with 88% share. The product Bamboo Stylus, which was released in 2011 for iPad, showed a positive sale, while the sale of its existing stylus pen products declined due to intense competition in the market and reduction of its price. In March 2015, the Bamboo stylus fineline and Intuos Creative Stylus 2 received the IF Design Award. In March 2016, Microsoft and Wacom announced the launch of ultimate stylus pens that can be used on all PC’s.

Waltop

Waltop was established in 2004 and is located in Taiwan. The primary investors of the company are UMC Group and Intel Capital. It became the USI board director, since March 2015. The major product line includes active capacitive stylus and Bluetooth stylus solutions. Waltop is certified with ISO 9001 quality management standards. The company focuses on capacitive-touch-based stylus solutions that are slim, have low cost, low power consumption, smoother handwriting experiences, and USI-compliant. The active capacitive stylus solutions are suitable for all types of touch-enabled devices, offering added value for customers to differentiate products from competitors.

Golden Right

Golden Right was established in 1981 and is headquartered in Taiwan. The company designs and develops stylus pen, ball pen, USB flash pen, USB flash drive, plastic pen, wireless presenter, green laser pointer, logo projectors, and card reader. It has established manufacturing facilities in Shenzhen, Jiangmen, and Dong Guan (Mainland China). As of 2015, the total workforce of the company is 100.

Hitachi

Hitachi is headquartered in Tokyo, Japan. It has a presence in social infrastructure, information and telecommunication systems, financial services, power systems, automotive systems, digital media, interactive displays, and consumer products. The company offers technologically advanced educational products such as digital imaging systems, IWBs, and digital campus solutions. It has an established sales and distribution network to sell its products across regions namely the Americas, Asia, and EMEA. The company offers solutions such as digitization of cultural heritage objects for restoration to originals or for preservation and helps in creation of replicas and display of digital images.

Insignia

Insignia is a US-based company. The company's product portfolio includes television and accessories, car audio/video/GPS, blu-ray players, computer accessories, portable audio, and video game accessories. The company has established strong sales and distribution channel globally, which has resulted in a strong customer base for the company.

Genius KYE

Genius KYE was established in 1983, and is headquartered at Taipei, Taiwan. The company owns a total workforce of approximately 4,000 employees. The company's manufacturing facility is established in Dong Guan, China. The company's key product lines include PC peripherals such as mice, keyboard, and tablets; audio devices such as speakers, headsets, and gaming devices; and video devices such as webcam, digital still camera (DSC), and digital video (DV) devices.

Microsoft

Microsoft was founded in 1975 and is headquartered in Washington, US. The company develops, licenses, and supports software products and services and designs and sells hardware worldwide. The company's Windows & Windows Live division provides PC operating systems that comprises Windows 7 operating system, Windows Live suite of applications and Web services, and PC hardware products.

The company has strategic alliances with Nokia and NIIT; a strategic relationship with Dominion Enterprises; and a strategic partnership with Best Buy.

Paper Mate

Paper Mate designs and develops progressive and performance driven products. The key products in the company's product portfolio includes pens, pencils, and correction products. It is one of the brands owned by Newell Rubbermaid. It also designs and develops stylus pen that can write both on paper as well as tablets.

Promethean

Promethean is a global education company, headquartered in Atlanta, US. It develops and implements learning environments. They provide educational hardware and holistic education solutions, which include hardware, software, and consultancy services.

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Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

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