Global Interactive Whiteboard Market, By Screen Size (Upto 69”, Ranging from 70”-90” and Above 90”), Technology (Infrared, Resistive, Capacitive, Electromagnetic and Others), End User (Education, Corporate and Government), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights : Global Interactive Whiteboard Market
The interactive whiteboard market is expected to witness market growth at a rate of 5.5% in the forecast period of 2022 to 2029. Data Bridge Market Research report on interactive whiteboard market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The integration of cloud storage in IWBs is escalating the growth of interactive whiteboard market.
Interactive whiteboard is referred to as an interactive display, which is in the format of a whiteboard and are utilized in schools but they are cooperating in nature, which means they reacts to the user input directly or through other devices.
Major factors that are expected to boost the growth of the interactive whiteboard market in the forecast period are the increase in the demand of digital classrooms and gamification. Furthermore, the integrating cloud storage in IWBs and rise in the funding on IWBs is further anticipated to propel the growth of the interactive whiteboard market. On the other hand, the dearth of skilled professionals and growing cost of IWBs in comparison to traditional whiteboards are further projected to impede the growth of the interactive whiteboard market in the timeline period.
In addition, the combination of artificial intelligence in IWBs will further provide potential opportunities for the growth of the interactive whiteboard market in the coming years. However, the rise in the adoption of tablets and smartphones in the education sector which might further challenge the growth of the interactive whiteboard market in the near future.
This interactive whiteboard market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the interactive whiteboard market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Interactive Whiteboard Market Scope and Market Size
The interactive whiteboard market is segmented on the basis of screen size, technology and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of screen size, interactive whiteboard market is segmented into IWBs with screen size of upto 69”, ranging from 70”-90” and above 90”.
- On the basis of technology, interactive whiteboard market is segmented into infrared, resistive, capacitive, electromagnetic and others. Other technology is further sub segmented into laser scanner and ultrasonic tracking technology.
- On the basis of end user, the interactive whiteboard market has been segmented into education, corporate and government.
Interactive Whiteboard Market Country Level Analysis
The interactive whiteboard market is analysed, and market size, volume information is provided by country, screen size, technology and end-user as referenced above.
The countries covered in the interactive whiteboard market report are the U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).
North America dominates the interactive whiteboard market due to the quick adoption of various touch based-IWBs. Furthermore, the occurrence of major key players will further boost the growth of the interactive whiteboard market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the interactive whiteboard market due to the quick evolution of communication systems, digital technologies, and development of educational infrastructure. Moreover, the rise in the demand for effective learning methods including online learning, distance learning, and interactive learning is further anticipated to propel the growth of the interactive whiteboard market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Interactive Whiteboard Market Share Analysis
The interactive whiteboard market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the interactive whiteboard market.
Some of the major players operating in the interactive whiteboard market are Hitachi Ltd., Panasonic India, LG Display, Foxconn, Netdragon Websoft Holdings, Samsung, NEC Display Solutions, Ricoh, Returnstar Interactive Technology Group Co. Ltd., Boxlight, Cisco Systems Inc., Alphabet, Microsoft, Ludia Inc., QOMO, ECPlaza Network Inc., Specktron, Dongguan Riotouch Technology, and Ketab Technologies among others.