Just Published: "Global Interactive Whiteboard Market 2015-2019"

From: Fast Market Research, Inc.
Published: Wed Sep 16 2015

An interactive whiteboard is a large display connected to a computer to display computer images and data. IWB allows users to drag, click, and copy items using a pen, finger, or stylus. IWBs are rapidly emerging as one of the most popular and successful technologies in classroom environments because they allow users to write or draw on surfaces, print images, and save or distribute documents over networks. This technique makes teaching easy and interesting compared to conventional whiteboards. IWBs are also gaining popularity in other sectors, such as the corporate and government sectors.

Technavio's analysts forecast the global interactive whiteboard market to grow at a CAGR of 15.90% by revenue over the period 2014-2019.

Commenting on the report, an analyst from Technavio's team said: "E-Learning in the new innovative concept that is gaining popularity in educational institutions all over the world. This concept is being adopted to enhance the quality of education and interaction in classrooms. Interactive whiteboards are being widely used to facilitate content delivery for e-learning and virtual learning. Virtual learning helps foster interactivity between students and teachers, and has enabled ease of access to education as it does not limit the learning to just classrooms and enables distance learning at the student]s convenience via live sessions, webinars, and video lectures. E-learning and virtual learning are, therefore, gaining in popularity in many countries. This is posing a positive impact on the growth of the interactive whiteboard market."

According to the report, technological advances in the field of education have grown exponentially over the years. Educational institutions, such as schools and colleges, are adopting new technologies, such as mobile computing devices and interactive whiteboards, to gain greater access to multimedia documents and the Internet. This is the major factor contributing to the growth of the interactive whiteboard market. Many schools are adopting IWBs to make classroom sessions more interesting and interactive.

Further, the report states that the tablet market is becoming a threat to the IWB market.

The key players in the Global Interactive Whiteboard (IWB) Market are BenQ, Hitachi, Promethean Group, Seiko Epson and Smart Technologies while other prominent vendors include Julong Educational Technology, LG Electronics, Panasonic, Samsung Electronics, Sharp and Vestel Group

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit - http://www.technavio.com/report/interactive-whiteboard-market

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