The Interactive white board Market was projected around USD 3,600 million in 2017 and is anticipated to grow at a CAGR of 6% over the forecast period (2018-2025).
The factors driving growth of the Interactive white board Market includes emerging trend of gamification in education and corporate sectors, growing popularity of digital classrooms and e-learning, Government initiatives promoting digitalization, and improvements in the living standards. Interactive white board systems deliver content in classrooms, training room and corporate rooms, facilitates multisensory learnings and encourages feedbacks between students and teachers, are some of the factors pushing the Interactive Whiteboard Market Growth. Moreover, growing adoption of advanced technologies by manufacturers, increasing demand for smart and touch-based devices around the world, development of digital content and mobile learning applications, are some of the additional factors supplementing the Interactive Whiteboard Market Size. In addition, the increasing investments by major companies on research and development, strategic partnerships, and collaborations between organizations, rising disposable incomes and growing population growth rates, are further contributing towards the market growth.
However, growth of the Interactive white board Market is hindered attributed to its high as compared to traditional whiteboards.
The major players operating in the market are LG Display (South Korea), Ricoh (Japan), Google (US), Foxconn (Taiwan), Hitachi (Japan), Panasonic (Japan), Cisco (US), Microsoft (US), NEC (Japan), and Samsung Display (South Korea), among others.
Based on Application Type, the educational segment is predicted to dominate the market during the forecast period
Increase in Government’s funding to promote interactive learning modules in schools and colleges, and rapid digitalization, are pushing growth of the segment.
Based on Technology Type, the Resistive segment is projected to capture the highest market share over the forecast period
Resistive white boards support touch-based interactions, can be operated using finger or stylus and are cost-effective, are some of the factors propelling segment’s growth.
Based on Region, the North America region is projected to lead the market during the forecast period
Presence of the leading players such as Cisco (US), Microsoft (US), and Google (US), growing adoption of blended learning across educational institutes, rising popularity of e-learning, rapid urbanization, increasing population growth rates and high income of people, are supporting the market growth in North America.
Market Segmentation
Segmentation by Screen Size
Segmentation by Application Type
Segmentation by Technology Type
Segmentation by Region
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