The Smart Notebook Market report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2026.
Fremont, United State - January 7, 2020 /MarketersMedia/ —
The global smart notebook market was valued at USD 42.4 million in 2018 and is expected to reach USD 151.4 million in 2026, growing at a CAGR of 17.3% during the forecast period.
Smart notebook are portable devices designed to sync your handwritten notes over to an app, so you always have access. It allows users in compiling notes-images and other media into virtual notebooks. Emergence of smart notebooks which use non tear able reusable paper have emerged as one of the most useful products in the stationary segment. Continuous R&D pertaining to material which can be used as an alternative to conventional paper lead to the discovery of polyester based sheets which can be used for writing and later friction or exposure to high temperature can erase the written material making the paper reusable. Increasing demand of smart notebooks from students, office professionals, designers /architects and many more are driving the global smart notebooks market during forecast period.
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Moreover, Paperless workplace has been a popular trend in industries such as banking, aviation, designing, healthcare, IT, etc. availability of digital alternatives such as tablets, desktops, laptops, smartphones has significantly reduced the paper consumption of various countries over the years. Change of preferences by offices from traditional paper files to digital documents is likely to increase the demand of reusable smart notebooks in coming years. However, lack of awareness of product availability in emerging economies such as China, India, Japan, Brazil, Mexico, etc. are expected to hinder the growth of the smart notebook market. Inability of manufacturers to infiltrate the regional markets has been a market restraining factor and is likely to show drastic impact on the market growth.
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Key Findings:
• Based on component, the notebook segment is expected to dominate the market with nearly 72% share in the global smart notebook market in 2018
• Based on notebook type, the erasable notebook segment is expected to grow at a CAGR of around 18.2% throughout the forecast period
• Based on number of pages, the Less than 100 pages smart notebook holds the majority chunk of market share in 2018
• Based on distribution channel, the offline segment expected to dominate the market throughout the forecast period
• Based on end user, the architects segment accounts of the largest share in the market and is expected to grow at a CAGR of around 17.2% during the forecast period.
• North America accounted for nearly 39.3% share of the global smart notebook market in 2018
Recent News:
• In Mar 2019, Moleskine added a new smart notebook to its Adobe-integrated Pen+ Ellipse system, with the Creative Cloud Connected pad delivering digital versions of hand-drawn graphics in real time.
• In Oct 2018, Rocketbook announced the launch of the Rocketbook Everlast Mini, an endlessly reusable, cloud-connected, pocket sized notebook
• In Feb 2018, Moleskine launched its smart writing system with the addition of its new Pen + Ellipse product
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Source: MarketersMedia
Release ID: 88941699
