Graphics Tablet Market Size, Share, Growth Analysis, By Component(Tablet, Stylus, Software), By Application(Industrial Design, Animation, Special Effects Film, Advertising), By Distribution Channel(Online, Offline), By Region - Industry Forecast 2024-2031

Global Graphics Tablet Market size was valued at USD 476.58 million in 2019 and is poised to grow from USD 531.39 million in 2023 to USD 1415.42 million by 2031, growing at a CAGR of 11.5% in the forecast period (2024-2031).

A graphics tablet, also known as a drawing tablet, is a piece of hardware used for digital artistry. They are also used by a variety of professionals in entertainment, art, architecture, prototype design, and other fields. It consists of a touch-sensitive surface or screen with multiple pressure levels to provide greater usability to the user. The growing demand for media and entertainment tablets will drive up demand for these tablets. Furthermore, as automation increases in the designing and prototyping segments of various industries such as building and construction, automotive, healthcare, and others, demand for these devices will skyrocket.

The rapid expansion of the creation of digital content in nations like the US, Japan, and especially China, as well as the expanding animation and design industries globally, are all contributing to the steady growth of the global graphics tablet market during the forecast period. The graphics tablet market is also anticipated to be significantly impacted by an exponential rise in the number of digital artists across a variety of industry verticals, including graphic design, fashion design, and architectural and industrial design. Another factor driving the demand for graphics tablets is the rise in consumer disposable income and the demand for technologically advanced features in graphics tablets across various industries. The combination of all the following factors is anticipated to grow the graphics tablet market globally.

US Graphics Tablet Market is poised to grow at a sustainable CAGR for the next forecast year.