Interactive Whiteboard (IWB) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Interactive Whiteboard (IWB) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

  • May 2022 •
  • 110 pages •
  • Report ID: 5808101 •
  • Format: PDF
The global interactive whiteboard (IWB) market reached a value of US$ 4.6 Billion in 2021. Looking forward, the analyst expects the market to reach US$ 6.9 Billion by 2027, exhibiting a CAGR of 7.2% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Interactive whiteboards (IWB) are a modern alternative to traditional whiteboards that are commonly used in educational institutions and formal academic settings. They have a large interactive display that enables computer images to be displayed on the whiteboard. The display also allows the user to control various functions using their finger or a pen. A wide range of tools used for mathematical calculations, drawing graphs and painting are also provided in IWBs that make them a highly preferred choice among the users. They are primarily used in large spaces such as classrooms and conference rooms where presentations are delivered to a large gathering.

Growing digitization in the education sector is one of the key factors driving the market growth. The inclination of the masses toward virtual learning and e-learning solutions has resulted in the incorporation of IWBs in various schools and educational institutions across the globe. Furthermore, IWBs aid teachers in demonstrating concepts with enhanced visualization, which further aids in effective knowledge dissemination, especially to differently abled students. Therefore, governments of both developed and emerging nations are increasingly funding interactive learning methods in schools, which is further expected to drive the demand for IWBs. Moreover, the increasing adoption of the infrared technology, which makes IWBs more durable and comfortable to operate, and extensive usage of Digital Vision Touch (DViT) that uses infrared as a base and adds multi-touch features have assisted in the increased installation of IWBs in classrooms and corporate boardrooms.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global interactive whiteboard (IWB) market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on technology, type, projection technique, screen size and end use sector.

Breakup by Technology:
Infrared
Resistive
Capacitive
Electromagnetic
Others

Breakup by Type:
Fixed
Portable

Breakup by Projection Technique:
Front Projection
Rear Projection

Breakup by Screen Size:
IWBs with a Screen Size Up to 69”
IWBs with a Screen Size Ranging from 70”–90”
IWBs with a Screen Size Above 90”

Breakup by End Use Sector:
Education
Corporate
Government
Others

Breakup by Region:
Asia Pacific
Europe
North America
Middle East and Africa
Latin America

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Hitachi, Ltd., Panasonic Corporation, LG Display, Foxconn, NetDragon Websoft, Samsung Electronics, NEC Display, Ricoh, Returnstar Interactive Technology, Boxlight Corporation, Cisco Systems, Alphabet, Microsoft Corporation, and Luidia, Inc, etc.



Key Questions Answered in This Report:

How has the global interactive whiteboard (IWB) market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global interactive whiteboard (IWB) industry?
What are the key regional markets in the global interactive whiteboard (IWB) industry?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the type?
What is the breakup of the market based on the projection technique?
What is the breakup of the market based on the screen size?
What is the breakup of the market based on the end use sector?
What are the various stages in the value chain of the global interactive whiteboard (IWB) industry?
What are the key driving factors and challenges in the global interactive whiteboard (IWB) industry?
What is the structure of the global interactive whiteboard (IWB) industry and who are the key players?
What is the degree of competition in the global interactive whiteboard (IWB) industry?
What are the profit margins in the interactive whiteboard (IWB) industry?