Interactive Whiteboard Market to register a healthy CAGR for the forecast period, 2018 to 2027

Published: Tue Feb 26 2019


Interactive whiteboard has simplified the learning process in various educational institutes. The interactive whiteboard finds application in primary school, high school, and other institutes. The types of interactive whiteboards include standalone touchscreen computer and connectable apparatus with interactive touchpad whiteboard (used to control computers from a projector). A positive impact of using an interactive whiteboard in institutes is observed, due to which the interactive whiteboard market is expected to witness significant growth over the forecast period.

An interactive whiteboard is a tool (instructional) that allows images of a computer to be displayed onto a board. This is done by using a digital projector. Some benefits of interactive whiteboard are the ease in use, ease in learning, and a better way of teaching. Due to the same benefits, the interactive whiteboard market is expected to witness significant growth during the forecast period. Moreover, smart learning suit software, smart board for business, smart podium, smart remote management, smart speakers are other features of interactive whiteboards.

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Interactive Whiteboard Market: Drivers and Challenges

With the growing adoption of smart learning and learn by fun techniques in various institutes, the use of interactive whiteboard is increasing day by day providing sustainable growth to the interactive whiteboard market. Another factor expected to drive the interactive whiteboard market is digitalization and increasing high-tech institutes in the society. The interactive whiteboard is expected to be used by almost all the high-tech institutes during the forecast period. The increasing number of coaching classes nowadays finds a rise in the application of the interactive whiteboard market providing the substantial growth to the interactive whiteboard market. Also, the interactive whiteboard is expected to be used in international conferences owing to the advanced features of the smart interactive whiteboards. In addition, some IT firms have started providing training to their employers using the interactive whiteboard.

Furthermore, rising government initiatives to equip classrooms with suitable technological tools to facilitate easy learning for students is expected to drive the demand for interactive whiteboards in the coming years. The advancement in technologies in various countries and increasing awareness regarding the high-tech education system are some of the other factors expected to drive the growth of the interactive whiteboard market. Moreover, the government efforts to increase the literacy rate in some developing countries is also a key driver for the interactive whiteboard market during the forecast period. However, the high cost and requirement of the skill personnel to operate interactive whiteboards are some expected challenges in the growth of the interactive whiteboard market during the forecast period.

Interactive Whiteboard Market: Segmentation

The interactive whiteboard market can be segmented based on type, component, application, distribution channel and region.

On the basis of type, the interactive whiteboard market is segmented into:

Fixed
Movable
On the basis of component, the interactive whiteboard market is segmented into:

Hardware
Software
Services
On the basis of application, the interactive whiteboard market is segmented into:

Education
Business
Corporate industries
Media and entertainment
Government
Others
Distribution channel, the interactive whiteboard market is segmented into:

Retail
E-Commerce
Others
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Interactive Whiteboard Market: Key Players

The key players of the interactive whiteboard market are Smart technologies, Alphabet, Inc., Microsoft, Cisco, Dell, InFocus Corporation, Boxlight, Egan Visual, Teamboard Inc., Hitachi, Ltd, PolyVision Corporation, Panasonic Corp., LG Electronics Ltd., BenQ, Seiko Epson Corporation, VESTEL A.S., and Samsung Electronics Co. Ltd. These layers are expected to highly influence the interactive white board market during the forecast period.

Interactive Whiteboard Market: Regional Overview

North America is expected to have one of the leading interactive whiteboard market owing to growing use of smart learning and e-learning techniques. Europe is expected to have potential growth in the interactive whiteboard market due to increasing adoption of the smart teaching techniques and advancement in technologies. The interactive whiteboard market in the Asia Pacific is expected to witness the considerate growth over the forecast period due to increasing adoption of the smart classes. Also, E-learning initiatives in emerging countries such as Japan and India have resulted in increased demand for the interactive whiteboard providing considerate growth to the interactive whiteboard market during the forecast period. Middle East and Africa is expected to have considerate growth in the interactive whiteboard market due upcoming smart and interactive technologies and growing numbers of the smart schools and institutes in the region. These is expected to give a significant growth to the interactive whiteboard market in this region.

The report covers exhaustive analysis on:

Global Market Segments
Global Market Dynamics
Historical Actual Market Size, 2013–2017
Global Market Size & Forecast, 2018 to 2028
Supply & Demand Value Chain for the Market
Global Market Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Market Solutions Technology
Value Chain of the Market
Global Market Drivers and Restraints
Regional analysis for Market includes

North America Market
U.S.
Canada
Latin America Market
Mexico
Brazil
Rest of Latin America
Western Europe Market
Germany
France
U.K.
Spain
Italy
Nordic
Benelux
Rest of Western Europe
Eastern Europe Market
Poland
Russia
Rest of Eastern Europe
SEA and other APAC
Australia and New Zealand (A&NZ)
India
ASEAN
Rest of SEA and other APAC
Japan
China
Middle East and Africa Market
GCC Countries
North Africa
South Africa
Rest of MEA
The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of value
Recent industry trends and developments
Competitive landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint. 

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