Interactive Whiteboard Market Research Report 2021-26: Global Size, Share, Business Opportunity and Forecast Trends

Interactive Whiteboard Market: IMARC Group

According to the latest report by IMARC Group, titled “Interactive Whiteboard (IWB) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global interactive whiteboard (IWB) market size reached US$ 3.8 Billion in 2019. An interactive whiteboard (IWB) refers to a touch-sensitive display panel with a high-resolution display and easy remote image sharing. It is a combination of a computer and digital projector that functions as a smartboard to be used across educational institutions and formal academic settings. It is usually equipped with a simplistic interface with the gesture recognition feature and input software that can be used with the help of a stylus or fingers. Comprising of a variety of tools for writing, doodling, scribbling or illustrating purposes, the display is used for showcasing visuals, graphics and animations while boosting productivity, facilitating flexible working and supporting innovative collaboration.

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Global Interactive Whiteboard (IWB) Market Trends:

The global market is primarily driven by the increasing digitization in the education sector. Numerous educational institutes across the globe are now adopting e-learning solutions. This has contributed to a significant increase in the emergence of virtual classrooms, owing to the engaging, adaptive, and user-friendly learning experience provided by these solutions, which is facilitating the uptake of IWB. This has not aided only specially abled students to perform better in the classroom but also offered numerous innovative facilities to the teacher, including drag-and-drop objects and resource library, which enhances the overall teaching experience.  In line with this, rapid urbanization and inflating per capita income levels have resulted in an increasing demand for gamification in the education sector. Moreover, IWB is continually replacing the traditional instructor-based training programs in the corporate sector as it is widely associated with reducing training costs and time. Governments of numerous developing economies are undertaking favorable initiatives to digitize the educational infrastructure, which is further creating a positive outlook for the market. Looking forward, IMARC Group expects the global interactive whiteboard (IWB) market to grow at a CAGR of around 11% during the forecast period (2021-2026).

Market Breakup by Technology:

  • Infrared
  • Resistive
  • Capacitive
  • Electromagnetic
  • Others

Market Breakup by Type:

  • Fixed
  • Portable

Market Breakup by Projection Technique:

  • Front Projection
  • Rear Projection

Market 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”

Market Breakup by End Use Sector:

  • Education
  • Corporate
  • Government
  • Others

Market Breakup by Region:

On the geographical front, the market has been segmented into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America.

Competitive Landscape with Key Player:

  • Hitachi, Ltd.
  • Panasonic Corporation
  • LG Display Co., Ltd.
  • Foxconn Electronics Inc.
  • NetDragon Websoft Holdings Limited
  • Samsung Electronics Co. Ltd
  • NEC Display Solutions
  • Ricoh Company, Ltd.
  • Returnstar Interactive Technology Group Co.
  • Boxlight, Inc.,
  • Cisco Systems, Inc.
  • Alphabet Inc.
  • Microsoft Corporation
  • Ludia

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Five years in chemical & material has made Ivo Smith more or less an expert in everything related to medicines, drugs, chemicals and related sectors – at least from the PR front. Through his insider access to the sector, he has gained valuable insight into the entire manufacturing process of chemical and material.
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