The global interactive whiteboard (IWB) market is expected to expand at a robust growth rate over the forecast period. Interactive whiteboards are large displays connected to computers for displaying images and other data. These boards allow users to click, drag, and copy items using a stylus, pen, or finger. These can be categorized based on type of sensing technology into electromagnetic, laser, resistive, and camera-based IWBs. Infrared (IR) optical devices can also be a part of IWBs. Factors such as technological proliferation and rising number of application areas of IWBs across government and corporate sectors are expected to drive market growth over the forecast period.
In addition, growing adoption levels of high-end and virtual learning initiatives are anticipated to augment the market growth. Various schools and universities across the globe are majorly focusing on the implementation of new and advanced learning methods for a better learning experience. This is also estimated to fuel the global market growth over the next few years.
These devices are used for delivering content in corporate boardrooms, classrooms, broadcasting studios, professional sports coaching, and training rooms. Major application areas for IWBs include the education, media, entertainment, tourism, and corporate sectors.
Interactive whiteboards are one of the most popular technologies in classroom environments since they allow users to annotate, save, or distribute documents over networks and print images. Students also seek innovative ways of learning using tablets, smartphones, Internet-based teaching modules, interactive whiteboards, etc., in addition to desktop PCs and laptops. Interactive whiteboards make training processes much simpler and easier than using common whiteboards. All these factors are expected to boost the overall growth of this market at a global level.
The corporate and education sectors are projected to come up as productive markets for industry players. However, lack of awareness and budgetary restraints due to high costs associated with IWBs are some of the factors that may hinder global IWB demand.
In the recent past, Dell Inc. introduced three new IWBs designed for conference rooms, classrooms, and active learning. These are the C7017T, the S560P and S560T, and the Dell Classroom. The C7017T is a 70-inch interactive monitor for conference rooms. It has a large touch screen for collaboration and comes with two included styluses, a 10-point hand touch, and an anti-smudge and anti-glare coated cover glass for better viewing.
S560P and S560T are interactive projectors and serve as an inexpensive substitute to interactive touch displays. They come with plug-and-play connectivity on several devices. They can also use existing markers and whiteboards. The Dell Classroom is a Chrome-based software. It is intended to encourage a more individualized engagement between teachers and students in classrooms.
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Based on geography, the interactive whiteboard market is divided into Brazil, Asia Pacific (APAC), Europe, North America, and Rest of the World (RoW). The APAC market is anticipated to grow rapidly over the next few years. Rising number of e-learning initiatives in developing nations such as Japan and India has resulted in an increased demand for these systems. The North America region is also expected to witness steady growth as a result of the soaring use of these devices in corporate and education sectors.
Major companies operating in the global market include Turning Technologies, Panasonic Corp., Hitevision, Julong Educational Technology Co., Ltd., and TRACEBoard Technology Co., Ltd.
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