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By 2030, the market for interactive whiteboards is anticipated to reach USD 8.19 billion, growing at a CAGR of 8.2% from 2022 to 2030.
An interactive whiteboard (IWB) is a display that enables users to engage with digital content by manipulating items, writing, drawing, or annotating on the board with a special pen or their fingers. It is used to improve presentations and teamwork in a variety of corporate and educational settings. Users of interactive whiteboards can display and engage with computer-generated content, such as photographs, movies, and software programmes, by connecting them to a computer. They can be used to annotate papers, transfer content between devices, and record notes for later use. Due to its adaptability, simplicity of usage, and capacity for audience engagement, IWBs have grown in popularity over the past few years.
This study divides the interactive whiteboard market into many regional and segmental categories, anticipates revenue growth, and examines trends in each submarket. The research examines the market for interactive whiteboards, including its major growth drivers, prospects, and obstacles. The competitive landscape in the market has been depicted by including recent market developments and competitive tactics including growth, product launch and development, partnerships, mergers, and acquisitions. The key market players are strategically identified, profiled, and their core competencies in each of the market's sub-segments are analysed in the study.
Driving Factors
Technology developments, expanding e-learning usage, rising need for interactive teaching tools, and rising infrastructure investment in education are some of the reasons driving the interactive whiteboard market. The need for interactive whiteboards is also driving market expansion in the corporate and government sectors for presentations and training programmes. The desire for greater cooperation and knowledge sharing, as well as the accessibility of inexpensive interactive whiteboards, are further boosting market demand. Additionally, the COVID-19 epidemic has increased demand for remote learning technologies like interactive whiteboards, which is further boosting market expansion. The market for interactive whiteboards is anticipated to expand overall as a result of these factors and the rising need for online learning resources.
Restraining Factors
The market for interactive whiteboards still faces a number of obstacles despite the growing factors. The expensive price of interactive whiteboards is one of the main obstacles, which can prevent their adoption in low-income areas. Other interactive teaching technologies on the market, such tablets and laptops, are a serious competitor. The development of the market might also be hampered by technical challenges like compatibility and connectivity issues. Additionally, it could be difficult to use and maintain interactive whiteboards due to a shortage of qualified personnel. Finally, the COVID-19 pandemic's effects on global supply networks may have an impact on production and supply, further impeding market expansion.
Report Coverage
Global Interactive Whiteboard research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Interactive Whiteboard report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Interactive Whiteboard competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Interactive Whiteboard market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Interactive Whiteboard market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Interactive Whiteboard market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
SMART Technologies, Promethean World, Panasonic Corporation, Hitachi Ltd., Ricoh Company Ltd., Samsung Electronics Co. Ltd., LG Electronics, Seiko Epson Corporation, Microsoft Corporation, Google LLC, Cisco Systems Inc., Sharp Corporation, PolyVision Corporation, Julong Educational Technology Co. Ltd., Vestel Group.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Interactive Whiteboard market based on the below-mentioned segments:
Global Interactive Whiteboard Market, By Technology
Global Interactive Whiteboard market, By Application
Global Interactive Whiteboard market, Regional Analysis
An interactive whiteboard (IWB) is a display that enables users to engage with digital content by manipulating items, writing, drawing, or annotating on the board with a special pen or their fingers. It is used to improve presentations and teamwork in a variety of corporate and educational settings. Users of interactive whiteboards can display and engage with computer-generated content, such as photographs, movies, and software programmes, by connecting them to a computer. They can be used to annotate papers, transfer content between devices, and record notes for later use. Due to its adaptability, simplicity of usage, and capacity for audience engagement, IWBs have grown in popularity over the past few years.
This study divides the interactive whiteboard market into many regional and segmental categories, anticipates revenue growth, and examines trends in each submarket. The research examines the market for interactive whiteboards, including its major growth drivers, prospects, and obstacles. The competitive landscape in the market has been depicted by including recent market developments and competitive tactics including growth, product launch and development, partnerships, mergers, and acquisitions. The key market players are strategically identified, profiled, and their core competencies in each of the market's sub-segments are analysed in the study.
Driving Factors
Technology developments, expanding e-learning usage, rising need for interactive teaching tools, and rising infrastructure investment in education are some of the reasons driving the interactive whiteboard market. The need for interactive whiteboards is also driving market expansion in the corporate and government sectors for presentations and training programmes. The desire for greater cooperation and knowledge sharing, as well as the accessibility of inexpensive interactive whiteboards, are further boosting market demand. Additionally, the COVID-19 epidemic has increased demand for remote learning technologies like interactive whiteboards, which is further boosting market expansion. The market for interactive whiteboards is anticipated to expand overall as a result of these factors and the rising need for online learning resources.
Restraining Factors
The market for interactive whiteboards still faces a number of obstacles despite the growing factors. The expensive price of interactive whiteboards is one of the main obstacles, which can prevent their adoption in low-income areas. Other interactive teaching technologies on the market, such tablets and laptops, are a serious competitor. The development of the market might also be hampered by technical challenges like compatibility and connectivity issues. Additionally, it could be difficult to use and maintain interactive whiteboards due to a shortage of qualified personnel. Finally, the COVID-19 pandemic's effects on global supply networks may have an impact on production and supply, further impeding market expansion.
Report Coverage
Global Interactive Whiteboard research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Interactive Whiteboard report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Interactive Whiteboard competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Interactive Whiteboard market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2020 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2019 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | SMART Technologies, Promethean World, Panasonic Corporation, Hitachi Ltd., Ricoh Company Ltd., Samsung Electronics Co. Ltd., LG Electronics, Seiko Epson Corporation, Microsoft Corporation, Google LLC, Cisco Systems Inc., Sharp Corporation, PolyVision Corporation, Julong Educational Technology Co. Ltd., Vestel Group. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Interactive Whiteboard Market from 2021 to 2030.
- Market Forecast for Interactive Whiteboard Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Interactive Whiteboard competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Interactive Whiteboard
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Interactive Whiteboard market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Interactive Whiteboard market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
SMART Technologies, Promethean World, Panasonic Corporation, Hitachi Ltd., Ricoh Company Ltd., Samsung Electronics Co. Ltd., LG Electronics, Seiko Epson Corporation, Microsoft Corporation, Google LLC, Cisco Systems Inc., Sharp Corporation, PolyVision Corporation, Julong Educational Technology Co. Ltd., Vestel Group.
Primary Target Market
- Market Players of Interactive Whiteboard
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Interactive Whiteboard market based on the below-mentioned segments:
Global Interactive Whiteboard Market, By Technology
- Infrared
- Resistive Membrane
- Electromagnetic Pen
- Capacitive
- Others
Global Interactive Whiteboard market, By Application
- Education
- Corporate
- Commercial
Global Interactive Whiteboard market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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