Interactive Whiteboard Market – Overview
The rise in the integration of smart technologies in classrooms and conferencing facility is favoring the market. Market reports associated with the semiconductor and electronics industry have been made available by Market Research Future which creates reports on other industry verticals that outlines the current market scenarios. The market is set to soar with a 5% CAGR in the forecast period.
The intensifying demand for gamification and digital classrooms is expected to influence the market’s growth substantially. The demand for interactive display technologies and rising research & development activities that will refine the product offerings is expected to benefit the Interactive Whiteboard Market positively. Entry of market players that have gained efficiency in similar sectors are entering the market and are offering a strong product portfolio which is benefitting the overall market growth.
The Global Interactive Whiteboard market is expected to grow with a CAGR of approximately 5% during the forecast period 2017-2023.
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The global interactive whiteboard market has been segmented based on type, technology, screen size, end-user.
- By type, the interactive whiteboard market has been segmented into interactive ceramic board, IR Boards, and EM Boards.
- By technology, the interactive whiteboard market has been segmented into infrared, resistive membrane, ultrasonic, electromagnetic, and laser scanner.
- By screen size, the interactive whiteboard market has been segmented into Up to 69”, 70” to 90” and Above 90”.
- By end user, the interactive whiteboard market has been segmented into education, corporate, government and others. The education segment has been further segmented into Pre-K-12 and higher education.
Some of the prominent players in the global interactive whiteboard market are Hon Hai Precision Industry Co., Ltd. (Taiwan), Hitachi, Ltd. (Japan), Samsung Group (South Korea), LG Electronics Inc. (South Korea), Panasonic Corporation (Japan), NEC Corporation (Japan), The Ricoh Company, Ltd. (Japan), Google LLC (U.S.), Cisco System, Inc. (U.S.), Smart Technologies Corporation (U.S.) and Microsoft Corporation (U.S.) among others.
Detailed Regional Analysis
By region, the interactive whiteboard market has been segmented into North America, Rest-of-the-World (RoW), Europe and Asia Pacific (APAC).
North America is leading the interactive whiteboard market. The region is home to major market players who are actively engaged in technology and product development. The education sector in the region has been an early adopter of the interactive whiteboard technology and they are extensively used in in Pre-K-12 and higher education. Moreover, the region is a frontrunner in the adoption of latest technologies which has supported the market growth.
Advancements in the electronics industry in APAC is paving the way for the growth of the interactive whiteboard market.
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- Technology Investors
- Research/Consultancy Firms
- Consulting Service Providers
- System integrators
- Interactive Whiteboard Solution Providers
- Cloud Service Providers
- Technology Providers
- Interactive Whiteboard Providers
- Universities and research organizations
- Investors and venture capitalists
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