February 20 2020
Market Research Future published a research report on “Interactive Whiteboard Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Global Interactive Whiteboard Market Research Report: By Type (Interactive Ceramic Board, IR Boards), Technology (Infrared, Resistive Membrane, Ultrasonic) Screen Size (Up To 69”, 70” To 90”), and by End Users (Education, Corporate) – Forecast till 2023
Interactive Whiteboard Market – Overview
Interactive whiteboard is an instructional tool that displays multimedia materials, such as texts, images, audio and video documents in high resolution. They support various devices and are provide a user-friendly interface. Market Research Future (MRFR) has published an in-depth report on the global Interactive Whiteboard Market and forecasted the market to reach USD 5 Bn at a CAGR of 5% by the end of the forecast period of 2017-2023.
Interactive whiteboards are being progressively used across various industry verticals. The education sector is among the early adopters of the technology. Interactive whiteboards are used in e-learning and virtual classes. Interactive whiteboards are transforming the conventional classroom teaching by aiding teachers to demonstrate various concepts with visual presentation. The governments across multiple countries are supporting the use of digital technology in the education sector and are taking concrete steps to boost their education sector which is augmenting the growth of the market. The trend of gamification in the education sector is also playing a key role in the growth of the market.
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Features of interactive whiteboards such as screen sharing and other interoperability features have helped them garner massive popularity in other industries as well. They are being extensively used in meetings and presentations in modern business and other commercial areas. Other factors driving market growth include technological advancements and product development by key players.
On the other hand, High cost of interactive whiteboards and complexities associated with integration are hindering the growth of the market. Availability of alternatives such as holographic and multi-touch interactive displays can impede the growth of the market. Using interactive whiteboards require technical knowledge which too is a restraining factor.
Some of the prominent players in the interactive whiteboard global 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.
The global interactive whiteboard market has been segmented based on type, technology, screen size, end-user.
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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TABLE OF CONTENTS
LIST OF FIGURES
FIGURE 1 Global Interactive Whiteboard Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Interactive Whiteboard Market
FIGURE 4 Value Chain Of Global Interactive Whiteboard Market
FIGURE 5 Share Of Global Interactive Whiteboard Market In 2017, By Country (In %)
FIGURE 6 Global Interactive Whiteboard Market, 2017-2023,
FIGURE 7 Sub Segments Of Technology
FIGURE 8 Global Interactive Whiteboard Market Size By Type, 2017
FIGURE 9 Share Of Global Interactive Whiteboard Market By Technology, 2017 TO 2023
FIGURE 10 Global Interactive Whiteboard Market Size By Type, 2017
FIGURE 11 Share Of Global Interactive Whiteboard Market By Technology, 2017 TO 2023
FIGURE 12 Global Interactive Whiteboard Market Size By Type, 2017 TO 2023
FIGURE 13 Share Of Global Interactive Whiteboard Market By Technology, 2017 TO 2023
Know More about this Report @ http://www.marketwatch.com/story/interactive-whiteboard-market-size-growth-factors-business-strategy-emerging-trends-development-status-sales-revenue-competitive-landscape-and-regional-forecast-2023-2019-08-20
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