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Interactive Whiteboard Market

Interactive Whiteboard Market Size, Share & Segment By Type (Em Boards, Ir Boards, Interactive Ceramic Boards), By Screen Size (Less Than 50 Inch, 51 Inch To 70 Inch, 71 Inch To 90 Inch, Greater Than 90 Inch), By Application (Education, Healthcare, Retail, Corporate, Others), By Technology (Infrared, Resistive Membrane, Electromagnetic Pen, Capacitive, Others), and By Regions | Global Market Forecast 2022-2028

Report Id: SNS/SEMI/1326 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Interactive Whiteboard Market size was valued at USD 1.71 billion in 2021 and is expected to expand at a CAGR of 7% from 2021 to 2028 and it will reach USD 2.75 billion in 2028.

The use of Interactive Whiteboards has aided in the transformation of education and business practices all over the world. As a result, market growth is being driven by increasing technological advancements and the distribution of Interactive Whiteboards in the education sector. Furthermore, the growing emphasis on visual learning in all schools and colleges is a major driver of rapid growth.  There are a few constraints that are thought to affect market growth, such as the high cost of installing Interactive Whiteboards. Different advances and technologies, on the other hand, will lead to greater growth. Screen size, technology, type, and applications are the market components of Interactive Whiteboard Market.

Interactive Whiteboard Market Revenue Graph

MARKET DYNAMICS: 

DRIVERS:

  • Increased use of new technologies in the education industry.

  • virtual classes increase the demand for digital learning.

  • The commercialization of portable Interactive Whiteboards will benefit the market in the coming years.

RESTRAINTS:

  • High cost of installation and the high complexity will reduce the market growth.

  • lack of knowledge and appropriate staff training will halt market growth in the coming years.

OPPORTUNITIES: 

  • The incorporation of AI and interactive whiteboard.

  • visual learning styles in schools and colleges will drive growth in the Interactive Whiteboard Market.

CHALLENGES: 

  • The development of new technologies and the understanding of shifting patterns can have a significant impact on the market.

  • BYOD (Bring Your Own Device) programs in major countries.

IMPACT OF COVID-19: 

The education sector has had a significant impact on COVID-19's spread. The disease's spread has resulted in the closure of offices and educational institutions all over the world. As a result, the use of practical learning methods is expected to rise in 2020-2022, by 2019, more than 250,000 classrooms in the United States will be equipped with Interactive Whiteboards. As a result, COVID-19 disease is expected to significantly boost the market.

BY TECHNOLOGY:

Infrared, resistant membrane, electromagnetic pen, capacitive, and other technology components are available. White touch-based contact membranes that can be fully operated with a finger or a pen. Furthermore, the lower-cost one is expected to accelerate the growth of a white cooperative board integrated with opposing technology during the forecast period. Infrared Interactive whiteboard are simpler to use and more powerful than another technology-based Interactive whiteboard, such as solid membranes or powerful Interactive whiteboard. This technology is widely used in corporate boardrooms, training rooms, and classrooms, and it ensures maximum touch performance. Growing demand for and acceptance of this type of interoperable white board is expected to propel the market forward during the forecast period.

BY APPLICATION:

The application is divided into academic, corporate, and commercial sections. The education sector is expected to be a lucrative market for IWB manufacturers. Collaboration on white boards in educational institutions enables teachers to easily create customised reading materials from existing content in order to provide real-time visual information to students. Furthermore, Interactive whiteboard increase student participation in information sharing sessions and group discussions by eliminating the need for students to take notes. During the forecast period, the aforementioned factors are expected to boost market demand for white board interactions.

COMPETITIVE LANDSCAPE:

The major key players in Global Interactive Whiteboard Market are Panasonic Corporation, BenQ Corporation, Boxlight Corporation; Ltd, Sharp Corporation, Google LLC, Samsung Group, Hon Hai Precision Industry Co. Ltd., The Ricoh Company Ltd., Smart Technologies Corporation, Microsoft Corporation, Hitachi Ltd, Smart Technologies Corporation, LG Electronics Inc, NEC Corporation. Cisco System and other.

Market Segmentation:

BY TYPE

  • EM Boards

  • IR Boards

  • Interactive Ceramic Boards

BY SCREEN SIZE

  •  Less than 50 Inch

  •  51 Inch to 70 Inch

  •  71 Inch to 90 inch

  •  Greater than 90 Inch

BY APPLICATION

  • Education

  •  Healthcare

  •  Retail

  •  Corporate

  •  Others

BY TECHNOLOGY OUTLOOK

  • Infrared

  • Resistive Membrane

  • Electromagnetic Pen

  • Capacitive

  • Others

Interactive Whiteboard Market Segment Pie Chart

REGIONAL ANALYSIS:

The market is divided into five regions: North America, Asia-Pacific, Europe, Latin America, the Middle East, and Africa. Major Interactive Whiteboard Market Opportunities will be found in North America. Growing technological advancements and a high level of acceptance of Interactive Whiteboards are important factors in achieving a large market share.  Because of the growing demand for interactive white boards, Europe will hold the second largest share. In addition, the use of IWs in higher education and Pre-K-12 education will significantly improve the market.  However, the Asia-Pacific region is expected to grow rapidly in the coming years. The use of Interactive Whiteboards in educational institutions and offices for visual learning is fueling the Asia-Pacific market. As a result, the Asia-Pacific region will once again have a large share of interactive whiteboards in the coming years.

REGIONAL COVERAGE:

  • North America
    • USA
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • The Netherlands
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • south Korea
    • China
    • India
    • Australia
    • Rest of Asia-Pacific
  • The Middle East & Africa
    • Israel
    • UAE
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

 

Interactive Whiteboard Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 1.71 Billion
Market Size by 2028 US$ 2.75 Billion
CAGR CAGR of 7% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Em Boards, Ir Boards, Interactive Ceramic Boards)
• By Screen Size (Less Than 50 Inch, 51 Inch To 70 Inch, 71 Inch To 90 Inch, Greater Than 90 Inch)
• By Application (Education, Healthcare, Retail, Corporate, Others)
• By Technology (Infrared, Resistive Membrane, Electromagnetic Pen, Capacitive, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Panasonic Corporation, BenQ Corporation, Boxlight Corporation; Ltd, Sharp Corporation, Google LLC, Samsung Group, Hon Hai Precision Industry Co. Ltd., The Ricoh Company Ltd., Smart Technologies Corporation, Microsoft Corporation
Key Drivers • Increased use of new technologies in the education industry.
• virtual classes increase the demand for digital learning.
RESTRAINTS • High cost of installation and the high complexity will reduce the market growth.
• lack of knowledge and appropriate staff training will halt market growth in the coming years.


Frequently Asked Questions (FAQ) :

Interactive Whiteboard Market size was valued at 1.71 billion in 2021 at a CAGR of 7%.

The incorporation of AI and the interactive whiteboard is an opportunity in the interactive whiteboard market.

Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.

Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.

The major key players in Global Interactive Whiteboard Market are Panasonic Corporation, BenQ Corporation, Boxlight Corporation; Ltd, Sharp Corporation, Google LLC, Samsung Group, Hon Hai Precision Industry Co. Ltd., The Ricoh Company Ltd., Smart Technologies Corporation, Microsoft Corporation, Hitachi Ltd, Smart Technologies Corporation, LG Electronics Inc., NEC Corporation. Cisco System and others.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Global Interactive Whiteboard Market Segmentation, by  Type

8.1Introduction

8.2 EM Boards

8.3 IR Boards

8.4 Interactive Ceramic Boards

 

9.Global Interactive Whiteboard Market, by Screen Size

9.1 Introduction

9.1 Less than 50 Inch

9.2 51 Inch to 70 Inch

9.3 71 Inch to 90 inch

9.4  Greater than 90 Inch

 

10. Global Interactive Whiteboard Market Segmentation, By Application

10.1 Introduction

10.2  Education

10.3  Healthcare

10.4 Retail

10.5  Corporate

10.6 Others

 

11. Global Interactive Whiteboard Market Segmentation, By Technology

11.1 Introduction

11.2 Infrared

11.3 Resistive Membrane

11.4 Electromagnetic Pen

11.5 Capacitive

11.6 Others

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2    Canada

12.2.3    Mexico

12.3        Europe

12.3.1    Germany

12.3.2    UK

12.3.3    France

12.3.4    Italy

12.3.5    Spain

12.3.6    The Netherlands

12.3.7    Rest of Europe

12.4        Asia-Pacific

12.4.1    Japan

12.4.2    South Korea

12.4.3    China

12.4.4    India

12.4.5    Australia

12.4.6    Rest of Asia-Pacific

12.5        The Middle East & Africa

12.5.1    Israel

12.5.2    UAE

12.5.3    South Africa

12.5.4    Rest

12.6        Latin America

12.6.1    Brazil

12.6.2    Argentina

12.6.3    Rest of Latin America

 

13. Company Profiles

13.1 Panasonic Corporation

15.1.1 Financial

15.1.2 Products/ Services Offered

15.1.3 SWOT Analysis

15.1.4 The SNS view

13.2 BenQ Corporation

13.3 Boxlight Corporation; Ltd

13.4 Sharp Corporation

13.5 Google LLC

13.6 Samsung Group

13.7 Hon Hai Precision Industry Co. Ltd.

13.18 The Ricoh Company Ltd.

13.19 Smart Technologies Corporation

13.20 Microsoft Corporation

13.21 Hitachi Ltd

13.22 Smart Technologies Corporation

13.23 LG Electronics Inc.

13.24 NEC Corporation

13.25 Cisco System

 

14 . Competitive Landscape

14 .1 Competitive Benchmark

14 .2 Market Share analysis

14 .3 Recent Developments

 

15. Conclusion

 

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Secondary Research

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