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Interactive Whiteboard Market by Screen Size, Technology, End User And Geography - Global Forecast to 2023

Interactive Whiteboard Market: Global Forecast until 2023

  • March 2018
  • 142 pages
  • ID: 5353439
In this report:
In terms of unit shipment, the market for IWBs with a screen size up to ##" is expected to grow at the highest CAGR of ##.##% during the forecast period, and is projected to reach ##.## million units by 2023.
The market for IWBs with a screen size up to ##" is expected to grow at the highest CAGR of ##.##% during the forecast period, and is projected to reach ##.## million units by 2023.

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Interactive whiteboard market is anticipated to increase at a CAGR (Compound annual growth rate) of ~3.7 percent between 2018 and 2023

The interactive whiteboard market is forecasted to grow from ~$4.3B in 2018 to ~$5.2B by 2023, at a compound annual growth rate (CAGR) of ~3.7 percent between 2018 and 2023. The main factors driving the rise of the interactive whiteboard market contain the trend of gamification in education and corporate markets, adoption of e-learning and digital classroom solutions, and rised funding from various governments to incorporate IWBs for several end users. Nevertheless, the lack of skilled professionals to operate IWBs, together with the higher cost of IWBs than that of traditional whiteboards is restraining the increase of the IWB market.

Interactive whiteboard with screen size up to 69" is anticipated to rise at the highest compound annual growth rate (CAGR) between 2018 and 2023

Considering today's scenario, interactive whiteboards with a screen size up to 69" is widely adopted for distinct applications in the corporate market.This high increase can be accredited to the growing adoption of artificial intelligence and cloud storage features in IWBs used in the corporate industry.

AI-based IWBs enable remote participation of a user in a conference or a meeting, translation of the meeting into other languages, and use of real-time analytics for taking notes during the meeting.

Interactive whiteboard market in Asia-Pac is anticipated to grow at the maximal rate between 2018 and 2023

The important increase can be due to the increased investments by the government in the education market and the presence of some top manufacturers including Samsung, LG Display, Sharp Corporation, and Panasonic in the Asia-Pacific regions.

In the process of finding out and checking the market value for various segments collected by secondary research, extensive primary audit sessions have been managed with the main industry people.

The breakup of the profile of primary members taking part has been provided below:

• By Company category: Tier 1 = 20.0 percent, Tier 2 = 45.0 percent, and Tier 3 = 35.0 percent

• By Description: C-suite executives = 35.0 percent, Directors = 25.0 percent, and Others = 40.0 percent

• By Area: North America continent = 45.0 percent, EU = 25.0 percent, Asia-Pacific = 20.0 percent, and RoW = 10.0 percent

The report profiles the top actors in the interactive whiteboard market, along with providing their respective market ranking. Major players in the sector contain Foxconn, Hitachi, Samsung Display, LG Display, Panasonic, NEC, Ricoh, Google, Cisco Systems (NASDAQ:CSCO), and Microsoft.

Segment Research

• The interactive whiteboard market, established on screen size, has been divided into up to 69", between 70" and 90", and above 90".

• The interactive whiteboard market, established on technology, has been broken down into infrared, resistive, capacitive, electromagnetic, and others (laser and ultrasonic).

• The interactive whiteboard market, established on final users, comprises education, corporate, and government.

• The geographic review has been done with regard to North America, Europe (EU), Asia-Pac, and RoW.

Reasons to Buy This Report:

From an insight prospect, this market research has emphasized different levels of analysis-market ranking of key players, value chain study, company descriptions that provide the basic overviews on the competitive landscape, coming out and high-growth segments of the interactive whiteboard market, high-growth areas, and market dynamics-such as drivers, market restraints, alternatives, and opportunities.

This study furnishes highlights on the following points:

• Market development: Highlighted information about profitable emerging sectors and review of the interactive whiteboard market across localities

• industry diversification: Complete information about recent products, untapped geographic regions, and recent evolutions in the global interactive whiteboard market

• opposing assessment: In-depth assessment of ranking, strategies, products of the leading actors in the interactive whiteboard market

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