Interactive Whiteboard Market Size is projected to reach USD 8.72 Billion by 2030, growing at a CAGR of 7.45%: Straits Research

2022年08月11日00:10

The global interactive whiteboard market size was valued at 4.56 USD billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.45% from 2022 to 2030 and reach around 8.72 USD billion. Europe has the largest share of the interactive whiteboard market.

New York, United States, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Teachers can use Interactive Whiteboards in the classroom to project visuals from a computer onto an electric screen. Teachers can use the interactive whiteboard to show the entire class videos, presentations, and photographs.

Interactive whiteboards have become conventional chalkboards and whiteboards, which need to be cleaned after each usage. The interactive whiteboard eliminates the requirement for chalk or marker pens, reducing waste. Teachers can use a stylus to write on interactive whiteboards in addition to presenting graphics.

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Growing Demand for Digital Classroom and Touch-Based Interactive Whiteboard Drives the Global Market

Interactive whiteboards create a rich communication climate that encourages instructor and student feedback. Laptops, mobile phones, projectors, tablets, and interactive whiteboards are all used in classrooms to promote student participation in the learning process. In addition to schools, many businesses use gamification in their training programs and meetings.

The interactive whiteboard market is booming as bright, touch-based gadgets become increasingly ubiquitous. It can connect to many devices directly or wirelessly, and you may quickly annotate data that will reflect on other devices. Meetings can run more smoothly and productively when content is provided directly from devices.

Integration of Artificial Intelligence Creates Tremendous Opportunities

Artificial Intelligence (AI) is a valuable technology in the interactive whiteboard market. Due to rapid technological improvements, businesses focus on innovation to provide diversity and new product features. To make classic interactive whiteboards more user-friendly many companies seek to integrate new technology. As a result, several businesses are focusing on integrating AI into IWBs to enhance user demand.

Report Scope

Report MetricDetails
Market SizeUSD 8.72 Billion by 2030
CAGR7.45% (2020-2030)
Historical Data2019-2020
Base Year2021
Forecast Period2022-2030
Forecast UnitsValue (USD Billion)
Report CoverageRevenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments CoveredBy Technology, End-User, and Region
Geographies CoveredNorth America, Europe, Asia-Pacific, LAME and Rest of the World
Key Companies Profiled/VendorsGoogle, Microsoft, Hitachi Ltd., Seiko Epson Corp., Smart Technologies Inc, Samsung Electronics Co. Ltd, BenQ, Cisco, Panasonic, and LG Display
Key Market OpportunitiesThe Technology Industry'S Substantial Growth Fuels The Interactive Whiteboard Market
Key Market DriversDemand for Digital Classrooms is Increasing

IWBs Industry is Growing as Bright and Touch-based Devices Become More Popular

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Regional Analysis

An increasing acceptance of blended learning in colleges and schools has led to an increase in interactive whiteboards in educational settings, with Europe holding the highest proportion of the global interactive whiteboard market.

Furthermore, several multinational companies are pushing market expansion by providing superior technical features and interactive tools that assist teachers in generating curricula. Because of sophisticated alternative technologies such as interactive flat panel displays, portable projectors, and other interactive screens with enhanced capabilities at low maintenance costs, the interactive whiteboard market in North America is predicted to grow slowly.

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Competitive Players

The global interactive whiteboard market’s key players are

  • Google
  • Microsoft, Hitachi Ltd.
  • Seiko Epson Corp.
  • Smart Technologies Inc,
  • Samsung Electronics Co. Ltd
  • BenQ
  • Cisco
  • Panasonic
  • LG Display

Global Interactive Whiteboard Market: Segmentation

By Technology

  • Resistive
  • Capacitive
  • Infra‐Red Scanning
  • Electromagnetic

By End-User

  • Education
  • Corporate
  • Government

By Regions

  • North America
  • Europe
  • Asia-Pacific
  • The Middle East and Africa

TABLE OF CONTENT

1 Introduction

1.1 Interactive Whiteboard Market Definition

1.2 Interactive Whiteboard Market Scope

2 Research Methodology

2.1 Primary Research

2.2 Research Methodology

2.3 Assumptions & Exclusions

2.4 Secondary Data Sources

3 Market Overview

3.1 Report Segmentation & Scope

3.2 Value Chain Analysis: Interactive Whiteboard Market

3.3 Key Market Trends

3.3.1 Drivers

3.3.2 Restraints

3.3.3 Opportunities

3.4 Porter’s Five Forces Analysis

3.4.1 Bargaining Power of Suppliers

3.4.2 Bargaining Power of Buyers

3.4.3 Threat of Substitution

3.4.4 Threat of New Entrants

3.4.5 Competitive Rivalry

3.5 Market Share Analysis

4 Technology Overview

4.1 Introduction

4.1.1 Market Size & Forecast

4.2 Resistive

4.2.1 Market Size & Forecast

4.3 Capacitive

4.3.1 Market Size & Forecast

4.4 Infrared Scanning

4.4.1 Market Size & Forecast

4.5 Electromagnetic

4.5.1 Market Size & Forecast

6 End User Overview

6.1 Introduction

6.1.1 Market Size & Forecast

6.2 Education

6.2.1 Market Size & Forecast

6.3 Corporate

6.3.1 Market Size & Forecast

6.4 Government

6.4.1 Market Size & Forecast

7 Regional Overview

7.1 Introduction

7.1.1 Market Size & Forecast

7.2 America

7.2.1 North America

7.2.1.1 U.S.

7.2.1.1.1 By Technology

7.2.1.1.2 By End User

7.2.1.2 Canada

7.2.1.2.1 By Technology

7.2.1.2.2 By End User

7.2.1.3 Mexico

7.2.1.3.1 By Technology

7.2.1.3.2 By End User

7.2.4 Latin America

7.2.4.1 By Technology

7.2.4.2 By End User

7.3 Europe

7.3.1 Market Size & Forecast

7.3.2 Germany

7.3.2.1 By Technology

7.3.2.2 By End User

7.3.3 France

7.3.3.1 By Technology

7.3.3.2 By End User

7.3.4 U.K.

7.3.4.1 By Technology

7.3.4.2 By End User

7.3.5 Italy

7.3.5.1 By Technology

7.3.5.2 By End User

7.3.6 Spain

7.3.6.1 By Technology

7.3.6.2 By End User

7.3.7 Rest of Europe

7.3.7.1 By Technology

7.3.7.2 By End User

7.4 Asia Pacific

7.4.1 Market Size & Forecast

7.4.2 Japan

7.4.2.1 By Technology

7.4.2.2 By End User

7.4.3 China

7.4.3.1 By Technology

7.4.3.2 By End User

7.4.4 Australia

7.4.4.1 By Technology

7.4.4.2 By End User

7.4.5 India

7.4.5.1 By Technology

7.4.5.2 By End User

7.4.6 South Korea

7.4.6.1 By Technology

7.4.6.2 By End User

7.4.7 Rest of Asia-Pacific

7.4.7.1 By Technology

7.4.7.2 By End User

7.5 Middle East & Africa

7.5.1 Market Size & Forecast

7.5.2 Saudi Arabia

7.5.2.1 By Technology

7.5.2.2 By End User

7.5.3 South Africa

7.5.3.1 By Technology

7.5.3.2 By End User

7.5.4 Kuwait

7.5.4.1 By Technology

7.5.4.2 By End User

7.5.5 Rest of Middle East & Africa

7.5.5.1 By Technology

7.5.5.2 By End User

8 Company Profile

8.1 Google Inc.

8.1.1 Company Overview

8.1.2 Financial Performance

8.1.3 Recent Developments

8.1.4 Product Portfolio

8.2 Microsoft Corporation

8.2.1 Company Overview

8.2.2 Financial Performance

8.2.3 Recent Developments

8.2.4 Product Portfolio

8.3 Hitachi Ltd.

8.3.1 Company Overview

8.3.2 Financial Performance

8.3.3 Recent Developments

8.3.4 Product Portfolio

8.4 Seiko Epson Corp.

8.4.1 Company Overview

8.4.2 Financial Performance

8.4.3 Recent Developments

8.4.4 Product Portfolio

8.5 Smart Technologies Inc.

8.5.1 Company Overview

8.5.2 Financial Performance

8.5.3 Recent Developments

8.5.4 Product Portfolio

8.6 Samsung Electronics Co. Ltd.

8.6.1 Company Overview

8.6.2 Financial Performance

8.6.3 Recent Developments

8.6.4 Product Portfolio

8.7 BenQ Corporation

8.7.1 Company Overview

8.7.2 Financial Performance

8.7.3 Recent Developments

8.7.4 Product Portfolio

8.8 Cisco Systems Inc.

8.8.1 Company Overview

8.8.2 Financial Performance

8.8.3 Recent Developments

8.8.4 TechnologyPortfolio

8.9 Panasonic Corporation

8.9.1 Company Overview

8.9.2 Financial Performance

8.9.3 Recent Developments

8.9.4 Product Portfolio

8.10 LG Electronics Inc.

8.10.1 Company Overview

8.10.2 Financial Performance

8.10.3 Recent Developments

8.10.4 Product Portfolio

Table of Content and Figure https://straitsresearch.com/report/interactive-whiteboard-market/toc

Market News

  • April 2022- Cisco Study: Employees say hybrid work makes them happier and more productive, but more needs to be done to make it more inclusive.
  • January 2022- Panasonic India - a leading diversified technology company, launched a range of unique 4K resolution USB Camera solutions to enhance workplace communications and provide an experience of in-person video interactions.
  • May 2022- LG Display Showcases Innovative OLED Technology at SID (Society for Information Display) 2022.

News Media

How Information Technology (IT) Is Going To Transform In Fourth Industrial Revolution

World’s Largest Technology Companies

This is Why Online Education is Better Than the Offline Model.

Interactive Whiteboards to Revolutionize Education Sector through Interactive Learning and Enhanced Student Engagement

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