As per this study the global interactive whiteboard market was valued USD XX MN (by revenue) in 2019 and is anticipated to reach USD XX MN by 2026 with a CAGR of XX%.
An interactive whiteboard is an interactive, touch-sensitive display screen that operates when connected to computer and projector. Nowadays, it can be accessed through integration with smart phones and tablet. The content on the screen can be copied, saved, dragged, clicked and written by using finger directly. This is an effective solution for collaborative session, seminars & visual presentations that promote interactive learning. Ideally, it was designed to serve corporates and offices but is booming in educational sector as well.
Rising penetration of e- learning and visual learning mainly in the educational sector owing to the affordability of advanced learning process is driving the interactive whiteboard market growth. Enhanced features along with versatile application areas are likely to propel the market growth in the forecasting period. However, rising threat of substitute products such as interactive flat panels, a result of technological advancement may impact the market growth negatively. Moreover, lack of awareness followed by high cost is another restraining factor for interactive whiteboard market.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of interactive whiteboard.
The broad interactive whiteboard market has been sub-grouped into technology, form factor, technique and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Form Factor
- Resistive Membrane
- Electromagnetic Pen
- Front Projection
- Rear Projection
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for interactive whiteboard in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Interactive Whiteboard Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the interactive whiteboard market include BenQ Corporation, Cisco Systems, Inc., Google Inc., Hitachi, Ltd., Julong Educational Technology Co. Ltd, Microsoft Corporation, Panasonic Corporation, Promethean Limited and Smart Technologies Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.