About Interactive Whiteboard
An interactive whiteboard (IWB) is a huge interactive display which is in the form factor of a whiteboard. It connects to a computer, allows display of computer images onto a board by support of a digital projector. They can be mounted on walls as well as can be controlled using a pen, stylus, any other device, or by even a finger. The growing adoption of virtual learning courses as well as e-learning are increasing the growth of the global interactive whiteboard market. The demand for interactive whiteboards is growing as numerous universities & schools are focusing upon conveying better learning experience to the students. The interactive technology of whiteboards demonstrates how a computer can offer learning impetus for a whole classroom. Growing demand from end use sectors such as education, corporates, as well as government is likely to boost the global interactive whiteboard market growth over near future.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia-Pacific |
Unit | Value (USD Million) |
There are many recent technological developments happening in the industry such as Laser Image Technology, auto calibration technique, as well as Gesture Recognition systems. These are now being combined within portable interactive boards, making them the upcoming IWBs. Portable boards are appropriate for instant presentations in business trips and small classroom studies. It involves different gesture recognitions, like writing, moving, zooming in & out, scrolling up and down, as well as erasing, with just the movement of fingers. These advancements are likely to boost the market growth over near future. Analyst at AMA Research estimates that Japanese, Chinese, and United States Vendors will contribute the maximum growth to Global Interactive Whiteboard market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Hitachi Ltd. (Japan), Panasonic Corporation (Japan), LG Electronics Inc. (South Korea), Foxconn Electronics Inc. (Taiwan), Samsung Electronics Co., Ltd (South Korea), NEC Corporation (Japan), The Ricoh Company, Ltd. (Japan), Google LLC (United States), Cisco Systems Inc (United States) and Microsoft Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are DongGuan RioTouch Technology Co.,Ltd. (China), Shenzhen Fangcheng Teaching Equipment Co.,LTD . (China) and Luidia, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Interactive Whiteboard market by and Region.
On the basis of geography, the market of Interactive Whiteboard has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Screen Size, the sub-segment i.e. Up to 69 will boost the Interactive Whiteboard market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Infrared will boost the Interactive Whiteboard market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Fixed will boost the Interactive Whiteboard market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Education will boost the Interactive Whiteboard market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Rising Demand for Gamification as well as Digital Classrooms, Growing Funding on Interactive Whiteboards and Increasing Acceptance of Interactive Whiteboard with Artificial Intelligence
Challenges:
Inclination towards Interactive Flat Panels
Restraints:
High Cost of IWBs Compared to Traditional Whiteboards
Opportunities:
Combination of Cloud Storage in IWBs
Market Leaders and their expansionary development strategies
In November 2022, Interactive display maker Promethean has acquired the digital whiteboard platform Explain Everything, which allows users to create lessons, activities, and interactive presentations on any mobile device.
In September 2022, Prowise has launched the Touchscreen Ten G2, a secure, interactive Android 11 whiteboard designed for classroom use and security-certified by the German government, The whiteboard includes touch-sensitive glass and ships with four digital pens, which come with pick-up recognition.
Key Target Audience
Interactive Whiteboard Manufacturers, Raw material suppliers, Original equipment manufacturers (OEMs), ODM and OEM technology solution providers, Technology standards organizations, forums, alliances, and associations, Government bodies, venture capitalists, research organizations, and private equity firms, System integrators, Technology investors, Value-added resellers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.