Interactive Whiteboards Market Anticipated To Register Healthy Growth From The Education Sector & Predicted To Witness Substantial Growth Till 2021.
According to the market research report “Interactive Whiteboards (IWB) Market: Global industry analysis by technology (DViT, Infrared Optical, Electromagnetic, and Others), by Application (Education, Corporate and Government) & by region, forecast (2016-2021)”, published by IndustryARC, estimates that Asia-Pacific will have the fastest growth during the forecast period.
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The Interactive Whiteboard Market is expected to register a surge in demand and growth over the forecast period. An Interactive Whiteboard (IWB) is a large interactive display allows computer images to be displayed on a display board using a digital projector.
The image projected on the whiteboard can be manipulated or controlled by the user with the help of a pen, finger or other devices.
Without power, this electronic whiteboard can be used as a conventional dry-erase whiteboard with a simple board marker.
The major applications of interactive whiteboard are classrooms, training rooms, board meeting rooms and many others. The major industries that adopt the whiteboard technology are corporate sector, education and government sector.
Comparing with conventional whiteboards, interactive whiteboards are gaining prominence as one of the most successful technologies in classroom learning. It is also commonly called as a smart board or a smart whiteboard or a interactive smartboard.
Scope & Regional Forecast of the Interactive Whiteboards Market
Increasing adoption of interactive whiteboards in schools, corporate office coupled with the rising spendings of government to improve infrastructure are the major drivers for the growth of Interactive Whiteboards Market. The facility provided coupled with the ease of conducting meetings from different places without traveling is the major growth driver for this market.
However, emerging tablet market is expected to hinder this market growth during the forecast period.
Asia-Pacific is dominating the Interactive Whiteboards Market and is also projected to have the fastest growth due to rising focus on quality education, during the forecast period. North America is expected to register increased growth rate by the end of forecast period, followed by Europe.
Rest of the World is also projected to witness significant growth rate during the forecast period. Among all the segments, the education sector is estimated to register the largest market share during the period of study.
Segmentations & Key Players Involved in the Interactive Whiteboards Market
The Interactive Whiteboards Market can be broken down into various segmentations on the basis of -
- Technology: DviT, Infrared Optical, Electromagnetic and Others.
- Application: Education, Corporate and Government.
- Region: Europe, Asia-Pacific, North America and Rest of the World.
Some of the key players involved in the Interactive Whiteboards Market are as follows:
- Hitachi Solutions America Ltd.
- Sharp Corp.
- Samsung Electronics
- Smart Technologies
Why access this report?
* The overall market has been consolidated from the perspective of different geographic locations and key economies for this market.
* Identifies growth sectors and factors driving or constraining the market.
* The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.
* The study includes the demand of this particular market on a global and regional scale for a five year period of 2016 - 2021, to assess how the market will develop.
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