Market Overview:
The Global Document Scanning Pen Market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for document scanning pens in the enterprise, government, education, and other applications. The USB connection type is expected to hold the largest share of the global document scanning pen market during the forecast period. However, WIFI connection type is projected to grow at a higher CAGR than other types during the forecast period. North America is expected to hold the largest share of the global document scanning pen market in 2018 followed by Europe and Asia Pacific.
Product Definition:
A document scanning pen is a handheld device that scans and digitizes documents. It is important for businesses to digitize their paper documents in order to make them searchable and accessible from any computer or mobile device.
USB Connection:
The USB (Universal Serial Bus) connection is a versatile interface that enables the transfer of data, power and control signals between computer devices and peripheral ports. It is also used to connect peripherals such as printers, scanners, digital cameras or other electronic devices to a personal computer or laptop. The USB Connection has been witnessing significant growth in recent years owing to its widespread usage in various end-use industries such as consumer electronics & appliances and business & office automation among others.
WIFI Connection:
WIFI (Wireless Internet connection) is a technology that allows the devices to connect to the network without cables. It helps in providing internet access, sharing files, and printing from wireless networks. The WIFI connection and it's usage in document scanning pen market has been growing at a very high rate due to its many advantages such as mobility & ease of use, cost-effectiveness & time efficiency etc.
Application Insights:
The enterprise application segment accounted for the largest share of over 60.0% in 2017 and is projected to witness significant growth over the forecast period. The need for secure digital storage has never been higher, with an increasing number of business transactions taking place over the internet and a growing preference for paperless office practices across major companies, this segment is expected to grow at a rapid pace during the forecast period.
The government application segment was valued at USD 281.1 million in 2017 owing to its extensive usage in governments across different countries around the world as well as within localities such as counties and cities where there is a requirement for storing important documents pertaining to land titles or tax records that needto be stored securely, leading to increased adoption of document scanning solutions among various government agencies and departments thus contributing towards market growth duringthe forecast period.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to the presence of a large number of vendors and users in this region. Moreover, increasing adoption of cloud-based solutions is also expected to drive demand for DSSPs over the forecast period. Europe accounted for a significant share owing to growing popularity and increased penetration rates of barcode readers and label printers across various industries such as retail, automotive, warehousing & logistics among others.
Growth Factors:
- Increasing demand for document scanning in the corporate sector for efficient and paperless workflows
- Proliferation of mobile devices and apps that allow easy scanning of documents
- Growing trend of digitization across various industries
- Rising need to manage and store large volumes of data efficiently
- Increased focus on security and compliance requirements
Scope Of The Report
Report Attributes
Report Details
Report Title
Document Scanning Pen Market Research Report
By Type
USB Connection, WIFI Connection, Bluetooth Connectivity
By Application
Enterprise, Government, Education, Others
By Companies
PenPower, TaoTronics, HSN, Hanvon, SVP, Brother, IRISPen, Neat, HP, Doxie, PenPower
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Document Scanning Pen Market Report Segments:
The global Document Scanning Pen market is segmented on the basis of:
Types
USB Connection, WIFI Connection, Bluetooth Connectivity
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Enterprise, Government, Education, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PenPower
- TaoTronics
- HSN
- Hanvon
- SVP
- Brother
- IRISPen
- Neat
- HP
- Doxie
- PenPower
Highlights of The Document Scanning Pen Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- USB Connection
- WIFI Connection
- Bluetooth Connectivity
- By Application:
- Enterprise
- Government
- Education
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Document Scanning Pen Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A document scanning pen is a device that can be used to scan paper documents and convert them into digital files. This allows you to easily keep track of your documents and access them from any computer or mobile device.
Some of the key players operating in the document scanning pen market are PenPower, TaoTronics, HSN, Hanvon, SVP, Brother, IRISPen, Neat, HP, Doxie, PenPower.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Document Scanning Pen Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Document Scanning Pen Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Document Scanning Pen Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Document Scanning Pen Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Document Scanning Pen Market Size & Forecast, 2020-2028
4.5.1 Document Scanning Pen Market Size and Y-o-Y Growth
4.5.2 Document Scanning Pen Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 USB Connection
5.2.2 WIFI Connection
5.2.3 Bluetooth Connectivity
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Enterprise
6.2.2 Government
6.2.3 Education
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Document Scanning Pen Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Document Scanning Pen Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 USB Connection
9.6.2 WIFI Connection
9.6.3 Bluetooth Connectivity
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Enterprise
9.10.2 Government
9.10.3 Education
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 USB Connection
10.6.2 WIFI Connection
10.6.3 Bluetooth Connectivity
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Enterprise
10.10.2 Government
10.10.3 Education
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 USB Connection
11.6.2 WIFI Connection
11.6.3 Bluetooth Connectivity
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Enterprise
11.10.2 Government
11.10.3 Education
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 USB Connection
12.6.2 WIFI Connection
12.6.3 Bluetooth Connectivity
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Enterprise
12.10.2 Government
12.10.3 Education
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 USB Connection
13.6.2 WIFI Connection
13.6.3 Bluetooth Connectivity
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Enterprise
13.10.2 Government
13.10.3 Education
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Document Scanning Pen Market: Competitive Dashboard
14.2 Global Document Scanning Pen Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PenPower
14.3.2 TaoTronics
14.3.3 HSN
14.3.4 Hanvon
14.3.5 SVP
14.3.6 Brother
14.3.7 IRISPen
14.3.8 Neat
14.3.9 HP
14.3.10 Doxie
14.3.11 PenPower
