Dublin, April 14, 2022 (GLOBE NEWSWIRE) -- The "Interactive Whiteboards Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029" report has been added to ResearchAndMarkets.com's offering.
Interactive whiteboards are slowly making their way through conventional blackboard teaching methods and are slowly changing the face of modern education system. Realizing the power of interactive learning, several educational institutes, colleges, and universities are replacing their blackboards and simple whiteboards with advanced interactive whiteboards.
This created a growth wave in interactive whiteboard market and the market registered a value of US$ 3,351.3 Mn in 2017. Higher adoption rate and revolution in education systems expected to propel the market to touch US$ 5,027.7 Mn mark in 2029 growing with a rate of 4.6% throughout the forecast period from 2021 to 2029.
Capacitive Whiteboards Ready to Snatch Share from Resistive Whiteboards
Resistive interactive whiteboards current hold the leader tag in terms of market value in overall interactive whiteboard market. The work of this whiteboard is similar to the resistive type touch screen that allows stylus or finger touch as mouse pointer on the board. In addition, the cost of procurement, working, and maintenance of resistive type interactive whiteboards is quite competitive to other variants. However, Capacitive interactive whiteboards are emerging as new favorites in terms of technology. Such boards have higher sensitivity and good response compared to resistive type. The technology proved its metal in smartphones and tablets and supports multiple touches on the board. The aforementioned merits are driving the demand for capacitive interactive whiteboard a market and expected to take over other technologies in coming years.
More Eyes on Rear Projection Whiteboards Predicting the Segment as Favorites in Coming Years
Using front projection interactive whiteboards involves several issues including casting shadows on the board and flashing of light on the eyes of presenter. In the absence of alternatives, front projection made on the market and dominated the market in terms of market value. However, rear projection interactive whiteboard projects images from behind onto the boards. This helped in overcoming the aforementioned drawbacks of front projecting whiteboards and hence rear projection interactive whiteboards projected to take over front projection whiteboards in coming years.
Educational End-user Expected to Remain on the Top of the Podium
The interactive whiteboard was introduced as an effective and interactive tool for corporate end-user, especially for conferences and meeting. However, educational institutes, colleges, and universities found much more potential in interactive whiteboards for learning and educational conveniences. Consequently, the components of educational end-users including pre-schools, schools, and colleges incorporated the interactive whiteboards on a considerable scale compared to corporate sector. Educational end-users tops the overall market value and expected to remain as the prime end-user throughout the forecast period from 2021 to 2029. Corporate and government end-user trails educational end-users segment in terms of market value.
Modernization of Education System Helped North America to Emerge as the Dominant Region in Interactive Whiteboard Market
North America is known for embracing new technologies with open arms and interactive whiteboard is not an exception. Schools and universities in the U.S. and Canada made a paradigm shift from conventional teaching methods to interactive whiteboards. This promoted the trend of e-learning which is now making an impact on the global education system. Besides, corporate sector in the U.S. and Canada already incorporated the technology as vital tool for business planning and administration. Following the steps, countries in Europe also incorporated such medium for better understanding of educational institutes and corporate sector. Consequently, Europe secured place next to North America in global interactive whiteboard market. Lack of awareness and infrastructure restrained Asia Pacific to register any remarkable growth in the market in 2020. However, the scenario is changing rapidly and the region projected to emerge as a promising market in coming years.
Interactive Learning and Communication Giants Left Limited Opportunities for Small Entrants & New Players
Some of the biggest names in communication, computing and learning sectors characterize global interactive whiteboard market. Participation of these companies made the market scenario highly competitive and fragmented in nature. The situation created several hindrances for new and local players to enter into the market and claim their market share. Companies, big or small, striving to innovate their existing products and are trying to make long-term agreements with universities, colleges, and corporate offices to claim their market share.
The research study include business strategies and recent development of few of the most prominent players in iteractive whiteboards market includes Samsung Electronics Co. Ltd., Cisco Systems, Inc., Hitachi Ltd., Panasonic Corp., Microsoft Corporation, Google, Inc., LG Electronics Ltd., Sharp Corp., BenQ Corp., Vestel Elektronik Sanayi e Ticaret AS, PolyVision Corp., Promethean World plc, QomoHiteVision LLC, Seiko Epson Corp., Smart Technologies Inc., and Julong Educational Technology Co. Ltd. among others.
Key questions answered in this report
- What are the most recent trends in the interactive whiteboards market and possible opportunities for the players?
- How e-learning and interactive education will make an impact on the global as well as regional interactive whiteboards market?
- Which are the largest and fastest growing segment in terms of technology, projection, and end-users?
- Which are most lucrative geographical region/country for overall interactive whiteboards market?
- What is the market size and trends in developing regions such as Asia Pacific, Middle East & Africa, and Latin America?
Key Topics Covered:
1. Preface
2. Executive Summary
3. Global Interactive Whiteboard (IW) Market Analysis
3.1. Global IW Market Overview
3.2. Recent Trends and Future Outlook
3.3. Market Drivers
3.3.1. Growing Digitization in Education Sector
3.3.2. Advancement in Human Machine Interface Technology
3.3.3. Finding Application Across New End-user Sectors
3.4. Market Challenges
3.4.1. Cost and Adoption Rate in Developing and Under Developed Economies
3.5. Impact Analysis of Drivers and Challenges
3.6. See-Saw Analysis
3.7. Attractive Investment Proposition
3.8. Competitive Landscape of Key Industry Participants
3.8.1. Market Positioning of Interactive Whiteboard Manufacturers,2020
3.8.2. Major Strategies Adopted by Leading Players
4. Global Interactive Whiteboard (IW) Market Value, by Technology,2019 - 2029(US$ Bn)
4.1. Overview
4.2. Resistive Whiteboard
4.2.1. Global Resistive Whiteboard Market Value,2019 - 2029, (US$ Mn)
4.3. Capacitive Whiteboard
4.3.1. Global Capacitive Whiteboard Market Value,2019 - 2029, (US$ Mn)
4.4. Electromagnetic Whiteboard
4.4.1. Global Electromagnetic IW Market Value,2019 - 2029, (US$ Mn)
4.5. Optical Whiteboard
4.5.1. Global Optical IW Market Value,2019 - 2029, (US$ Mn)
5. Global Interactive Whiteboard (IW) Market Value, by Projection,2019 - 2029(US$ Bn)
5.1. Overview
5.1.1. IW Market Value, by Projection,2020& 2029 (%)
5.2. Front Projection
5.2.1. Front Projection IW Market Value,2019 - 2029, (US$ Mn)
5.3. Rear Projection
5.3.1. Rear Projection IW Market Value,2019 - 2029, (US$ Mn)
6. Global Interactive Whiteboard (IW) Market Value, by End-users,2019 - 2029(US$ Bn)
6.1. Overview
6.1.1. IW Market Value, by End-users,2020& 2029 (%)
6.2. Educational
6.2.1. IW Market Value for Educational End-use,2019 - 2029, (US$ Mn)
6.3. Corporate
6.3.1. IW Market Value for Corporate End-use,2019 - 2029, (US$ Mn)
6.4. Government
6.4.1. IW Market Value for Government End-use,2019 - 2029, (US$ Mn)
6.5. Others
6.5.1. IW Market Value for Other End-use,2019 - 2029, (US$ Mn)
7. North America Interactive Whiteboard (IW) Market Analysis,2019 - 2029(US$ Bn)
8. Europe Interactive Whiteboard (IW) Market Analysis,2019 - 2029(US$ Bn)
9. Asia Pacific Interactive Whiteboard (IW) Market Analysis,2019 - 2029(US$ Bn)
10. Rest of World (RoW) Interactive Whiteboard (IW) Market Analysis,2019 - 2029(US$ Bn)
11. Company Profiles
11.1. Samsung Electronics Co. Ltd.
11.1.1. Samsung Electronics Co. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.2. Cisco Systems, Inc.
11.2.1. Cisco Systems, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.3. Hitachi Ltd.
11.3.1. Hitachi Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.4. Panasonic Corp.
11.4.1. Panasonic Corp.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.5. Microsoft Corporation
11.5.1. Microsoft Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.6. Google, Inc.
11.6.1. Google, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.7. LG Electronics Ltd.
11.7.1. LG Electronics Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.8. Sharp Corp.
11.8.1. Sharp Corp.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.9. BenQ Corp.
11.9.1. BenQ Corp.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.10. Vestel Elektronik Sanayi e Ticaret AS
11.10.1. Vestel Elektronik Sanayi e Ticaret AS: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.11. PolyVision Corp.
11.11.1. PolyVision Corp.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.12. Promethean World plc
11.12.1. Promethean World plc: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.13. QomoHiteVision LLC
11.13.1. QomoHiteVision LLC: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.14. Seiko Epson Corp.
11.14.1. Seiko Epson Corp.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.15. Smart Technologies Inc.
11.15.1. Smart Technologies Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.16. Julong Educational Technology Co. Ltd.
11.16.1. Julong Educational Technology Co. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
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