Share this article Share this article ResearchAndMarkets.com's offering. The Global Digital Pen Market was valued at USD 448.9 million in 2019, and is anticipated to garner USD 1.54 billion by 2030, expanding at a CAGR of 11.80% during the forecast period, between 2020 and 2030. Market Dynamics and Trends Expansion of the global digital pen market is attributed to the surge in automation and digitization globally, in numerous applications such as educational institutes, business & trade organizations, banking sector, and other industry verticals. Digital pens are easy-to operate and ensure error-proof data collection into digital and cloud storages. Furthermore, increasing internet penetration, high adoption of artificial intelligence (AI), emergence of Internet of Things (IoT), and rise in dependency on smart devices, are anticipated to propel the digital pen market during the forecast period.