Interactive Whiteboard Market: Global Size, Share, Trends, Growth and Forecast, 2022-2032
Interactive Whiteboard Market Overview and Definition
The interactive whiteboard market refers to the global market for electronic display boards that enable interactive and collaborative learning and presentation experiences. Interactive whiteboards (IWBs) are large, touch-sensitive display screens that can be used to display and manipulate digital content, such as text, images, videos, and audio.
IWBs are typically used in educational institutions, including schools and universities, as well as in corporate settings for presentations, training sessions, and group collaboration. They are also used in healthcare, military, and government settings.
The Interactive Whiteboard Market is expected to mask a CAGR of 3.6% during the projected period. The interactive whiteboard is a computer driven technology, which allows users to access and control electronic files with the help of a projector. An interactive whiteboard is a large interactive display that connects to a computer through wired or wireless channels.
The interactive whiteboard can either be a touchscreen computer used independently to perform task & operations or a connectable apparatus used as a touchpad to control computers from a projector. This system allows computer display to be displayed onto a board by using a digital projector. Item on the display board can be dragged, clicked or copied. The system is used for delivering the content in classroom, training room, corporate boardrooms, broadcasting studios and others.
Growth Drivers and Restraints
In this digital era, increase in adoption of e-learning and virtual learning courses are boosting the market growth of interactive whiteboards. In terms of technology, the resistive technology captured the largest market share of more than 40% of the total revenue in 2016. As these resistive technologies are cost effective in comparison to other technologies. This cost benefit factor is projected to drive the growth of the resistive technology in upcoming years.
Additionally, school and universities are looking forward to offering best possible learning experience to their students by adopting different potential technologies such as computer, printers, interactive whiteboards and others. This factor is resulting in rise demand of interactive whiteboard market across all regions. Corporate and educational segments among other applications of interactive whiteboard are the dominating segments, as most of the companies in the corporate world use an interactive whiteboard for their meetings and conferences. However, the high cost and low adoption rate in under developed countries are major constraints for the growth of the interactive whiteboard market.
The research offers a comprehensive analysis of interactive whiteboard market with respect to following sub-markets:
- Education Sector
- Corporate Sector
- Government Sector
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
The report profiles various major market players such as,
- Google LLC
- Panasonic Corporation
- Samsung Display Ltd.
- LG Display
- Microsoft Corporation
- Cisco Systems, Inc.
- Ricoh Ltd.
- NEC Corporation
- FOXCONN Technology
- Hitachi Ltd.
- Egan Team board Inc.
- Turning Technologies
- Xiamen Interactive Technology Corporation
- Other Prominent Players
Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as technology information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development expansion and other market activities.
The study also provides company’s positioning and market share in Interactive Whiteboard Market.
Timeline Considered for Analysis:
- 2019: Base Year
- 2020: Estimated Year
- 2020 to 2025: Forecasted Year
Research Scope and Deliverables
Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter’s Five Force Analysis
Market Segmentation Analysis:
Industry report analyzes the interactive whiteboard market by the following segments:
- By Application
- By Technology
- By Type
Geographic Market Analysis:
The report offers separate analysis of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition, further breakdown of market data and analysis of region into countries is covered in the report.
Customization: We also offers customization’s in the industry report as per the company’s specific needs.
Key Questions Answered in the Interactive Whiteboard Market Industry Report
- What is the overall market size in 2019? What will be the market growth during the forecast period i.e. 2020-2025?
- Which region would have high demand for product in the upcoming years?
- What are the factors driving the growth of the market?
- Which sub-market will make the most significant contribution to the market?
- What are the market opportunities for existing and entry-level players?
- What are various long-term and short-term strategies adopted by the market players?