In 2023, about 26.9 percent of Asian private households in the U.S. had an annual income of 200,000 U.S. dollars and more. Comparatively, around 13.9 percent of Black households had an annual income under 15,000 U.S. dollars.

This table presents income shares, thresholds, tax shares, and total counts of individual Canadian tax filers, with a focus on high income individuals (95% income threshold, 99% threshold, etc.). Income thresholds are based on national threshold values, regardless of selected geography; for example, the number of Nova Scotians in the top 1% will be calculated as the number of taxfiling Nova Scotians whose total income exceeded the 99% national income threshold. Different definitions of income are available in the table namely market, total, and after-tax income, both with and without capital gains.

Graphing Calculator Market size was valued at USD 1.1 Billion in 2024 and is projected to reach USD 2.36 Billion by 2031, growing at a CAGR of 5.3% from 2024 to 2031.

Some of the prominent drivers of the graphing calculators is high school and upper class students rely on it. Increasingly tech-savvy education industry creating huge opportunity for the smart devices market is projected to impede the market growth. The Global Graphing Calculator Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

A breakdown of annual household incomes in Japan showed that around ***** percent of households earned less than *** million Japanese yen per year as of 2024. That year, the average annual household income of Japanese households was approximately *** million yen compared to a median household income of *** million yen.

Pocket Calculators Market Outlook

The global pocket calculators market size is projected to grow significantly, with an estimated CAGR of 6.2% from 2024 to 2032. In 2023, the market was valued at approximately $3.5 billion, and by 2032, it is expected to reach around $6.4 billion. This robust growth can be attributed to the continuous demand for calculators in education and business sectors, technological advancements in calculator functions, and the increasing prevalence of digital learning environments. The integration of advanced features and connectivity options in calculators is further expected to bolster market expansion during the forecast period.

One of the primary growth factors driving the pocket calculators market is the enduring necessity for dedicated calculation devices in educational settings. Despite the proliferation of multifunctional devices like smartphones and tablets, pocket calculators remain indispensable in schools and universities due to their specialized functionalities and ease of use in examination settings. Calculators designed specifically for educational use, such as scientific and graphing calculators, are integral to curricula in mathematics and science courses worldwide. The emphasis on STEM education globally continues to create a substantial demand for calculators, as they provide students with essential tools for learning complex mathematical concepts.

Another significant factor contributing to market growth is the advancements in calculator technology. Modern calculators now come with enhanced features such as programmable functions, connectivity with other devices, and cloud storage capabilities. These innovations have expanded the applications of calculators beyond traditional arithmetic functions to complex problem-solving tools used in various professional fields such as finance and engineering. The integration of graphing capabilities and data analysis functions has widened the appeal of calculators among professionals who require robust computational power on-the-go, further driving the market growth.

The rise of digital learning and remote education platforms has also positively impacted the demand for pocket calculators. As educational institutions adopt digital tools to facilitate learning, the need for reliable, non-disruptive devices like calculators has increased. This trend is prominent in regions with advanced technological infrastructures, where digital literacy is a priority. In addition, the convenience and affordability of pocket calculators make them a preferred choice for students and educators alike. The market is expected to benefit from ongoing investments in educational technology, which frequently incorporate calculators as integral tools for effective learning experiences.

Regionally, Asia Pacific is anticipated to witness the highest growth in the pocket calculators market. The region's rapid economic development, coupled with an expanding middle-class population, supports the growing demand for educational tools. Countries like China, India, and Japan are significant contributors to this growth, driven by large student populations and increasing investments in education. North America and Europe are also substantial markets due to their established education systems and consistent demand for educational aids. In contrast, the markets in Latin America and the Middle East & Africa are expected to experience moderate growth, influenced by their evolving educational landscapes and economic conditions.

Product Type Analysis

When dissecting the pocket calculators market by product type, it becomes evident that scientific calculators hold a significant share due to their extensive application in educational environments. Scientific calculators are indispensable tools for students and professionals dealing with subjects that require complex calculations such as physics, chemistry, and engineering. Their ability to perform a wide range of functions, including trigonometric, logarithmic, and exponential operations, makes them crucial in academic settings. The demand for scientific calculators is particularly high in regions with a strong emphasis on STEM education, and this segment is anticipated to continue its dominance over the forecast period.

Graphing calculators represent another vital segment within the pocket calculators market, catering to advanced educational and professional needs. These calculators are equipped with the capability to plot graphs and solve simultaneous equations, making them essential in higher-level mathematics and engineering courses. Their extensive functionality is p

Income of individuals by age group, sex and income source, Canada, provinces and selected census metropolitan areas, annual.

In March 2025, the top one percent of earners in the United Kingdom received an average pay of over 16,000 British pounds per month, compared with the bottom ten percent of earners who earned around 800 pounds a month.

Physical Graphing Calculators Sales Market Outlook

The global physical graphing calculators sales market size was valued at approximately $900 million in 2023 and is expected to reach around $1.3 billion by 2032, growing at a CAGR of 4.1% over the forecast period. The increasing emphasis on STEM (Science, Technology, Engineering, and Mathematics) education and the indispensability of graphing calculators in various professional fields are key growth factors driving the market.

The growing focus on STEM education across the globe is a significant growth factor for the physical graphing calculators market. Governments and educational institutions are investing heavily in STEM education to help students develop essential skills in mathematics and science. Graphing calculators are often required for coursework in subjects like algebra, calculus, and statistics, making them a staple in both high school and college classrooms. The emphasis on STEM education is expected to grow, thereby driving the demand for physical graphing calculators.

Technological advancements in graphing calculators are also contributing to market growth. Modern graphing calculators are equipped with advanced features such as color displays, touchscreens, and the ability to connect to other devices via Bluetooth or USB. These features make the calculators more versatile and user-friendly, enhancing their appeal to both students and professionals. Additionally, the integration of software that allows for the visualization of complex mathematical functions and data analysis further adds to their utility, thereby boosting sales.

Another significant growth driver is the increasing requirement for graphing calculators in standardized testing. Many standardized tests, such as the SAT, ACT, and various state-specific exams, permit or even require the use of graphing calculators. This trend is not limited to the United States but extends to other regions as well. The requirement for these devices in exams ensures a steady demand from students who need to be adequately equipped to perform well in these tests.

Regionally, North America and Asia Pacific are expected to be key markets for physical graphing calculators. North America, led by the United States, has a well-established education system that mandates the use of graphing calculators in high schools and colleges. In Asia Pacific, countries like China and India are focusing on improving their education systems, including the implementation of advanced learning tools like graphing calculators. The growing middle-class population and increasing disposable income in these regions are also contributing to the market's growth.

Product Type Analysis

The physical graphing calculators market is segmented into three main product types: Scientific Graphing Calculators, Programmable Graphing Calculators, and Financial Graphing Calculators. Each of these segments caters to different needs and applications, which are driving their respective demands.

Scientific graphing calculators are predominantly used in educational settings, particularly in subjects like mathematics and physics. These calculators offer functionalities that are essential for solving complex equations, plotting graphs, and performing algebraic manipulations. The demand for scientific graphing calculators is driven by their widespread use in high schools and universities. As educational curriculums continue to evolve to include more complex mathematical concepts, the need for these calculators will likely increase, sustaining the demand in this segment.

Programmable graphing calculators are another important segment, primarily used in engineering and advanced scientific applications. These calculators allow users to write custom programs and algorithms, making them highly versatile and useful for solving specialized problems. The growing emphasis on computer science and programming in education and professional fields is boosting the demand for programmable graphing calculators. Additionally, their application in engineering tasks such as circuit design and structural analysis makes them indispensable tools for professionals in these fields.

Financial graphing calculators cater to the needs of finance professionals and students. These calculators are equipped with functionalities that are essential for financial planning, investment analysis, and accounting. The increasing complexity of financial markets and the need for accurate financial analysis are driving the demand for financial graphing calculators. F

In March 2025, inflation amounted to 2.4 percent, while wages grew by 4.3 percent. The inflation rate has not exceeded the rate of wage growth since January 2023. Inflation in 2022 The high rates of inflation in 2022 meant that the real terms value of American wages took a hit. Many Americans report feelings of concern over the economy and a worsening of their financial situation. The inflation situation in the United States is one that was experienced globally in 2022, mainly due to COVID-19 related supply chain constraints and disruption due to the Russian invasion of Ukraine. The monthly inflation rate for the U.S. reached a 40-year high in June 2022 at 9.1 percent, and annual inflation for 2022 reached eight percent. Without appropriate wage increases, Americans will continue to see a decline in their purchasing power. Wages in the U.S. Despite the level of wage growth reaching 6.7 percent in the summer of 2022, it has not been enough to curb the impact of even higher inflation rates. The federally mandated minimum wage in the United States has not increased since 2009, meaning that individuals working minimum wage jobs have taken a real terms pay cut for the last twelve years. There are discrepancies between states - the minimum wage in California can be as high as 15.50 U.S. dollars per hour, while a business in Oklahoma may be as low as two U.S. dollars per hour. However, even the higher wage rates in states like California and Washington may be lacking - one analysis found that if minimum wage had kept up with productivity, the minimum hourly wage in the U.S. should have been 22.88 dollars per hour in 2021. Additionally, the impact of decreased purchasing power due to inflation will impact different parts of society in different ways with stark contrast in average wages due to both gender and race.