Market Research Future published a research report on “Interactive Whiteboard Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Pune, India – January 11, 2019 —
Interactive Whiteboard Market – Overview
The rise in the integration of smart technologies in classrooms and conferencing facility is favoring the market. Market reports associated with the semiconductor and electronics industry have been made available by Market Research Future which creates reports on other industry verticals that outlines the current market scenarios. The market is set to soar with a 5% CAGR in the forecast period.
The intensifying demand for gamification and digital classrooms is expected to influence the market’s growth substantially. The demand for interactive display technologies and rising research & development activities that will refine the product offerings is expected to benefit the Interactive Whiteboard Market positively. Entry of market players that have gained efficiency in similar sectors are entering the market and are offering a strong product portfolio which is benefitting the overall market growth.
The Global Interactive Whiteboard market is expected to grow with a CAGR of approximately 5% during the forecast period 2017-2023.
Some of the prominent players in the global interactive whiteboard market are Hon Hai Precision Industry Co., Ltd. (Taiwan), Hitachi, Ltd. (Japan), Samsung Group (South Korea), LG Electronics Inc. (South Korea), Panasonic Corporation (Japan), NEC Corporation (Japan), The Ricoh Company, Ltd. (Japan), Google LLC (U.S.), Cisco System, Inc. (U.S.), Smart Technologies Corporation (U.S.) and Microsoft Corporation (U.S.) among others.
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Global Interactive Whiteboard Market Segmentation
The global interactive whiteboard market is segmented by type, technology, screen size, end-user, and region. By type the market is segmented into Interactive Ceramic Board, IR Boards, and EM Boards. Based on technology, the market is segmented into infrared, resistive membrane, ultrasonic, electromagnetic, and laser scanner. Based on the screen size, the market is segmented into Up to 69”, 70” to 90” and Above 90”. Based on the end users, the market is segmented into education, corporate and government. The segment education is sub-segmented into Pre-K-12 and higher education. The market is covered across regions including North America, Europe, Asia Pacific, and the rest of the World.
The global interactive whiteboard market is studied for Asia Pacific, North America, Europe, and Rest of the World. North America is estimated to account for the largest share of the market and is also expected to grow with the fastest rate during the forecast period. The growth of the market in North America is attributed to the increasing demand for interactive whiteboard in the education sector. North America is followed by the European region, where the market of interactive whiteboard is gaining momentum due to increasing adoption of intelligent whiteboards in Pre-K-12 and higher education. Whereas, in Asia Pacific countries including China, Japan, and India among others, the market is also growing due to advancements in the electronics industry.
May 2018 Microsoft has introduced the Surface Hub 2, an original new interactive whiteboard aimed at serving professionals to work artistically and collaboratively. The new device runs Windows 10 and highlights a 4K+ 50.5” touchscreen display that follows to Microsoft’s standard Surface 3×2 aspect ratio.
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• Technology Investors
• Research/Consultancy Firms
• Consulting Service Providers
• System integrators
• Interactive Whiteboard Solution Providers
• Cloud Service Providers
• Technology Providers
• Interactive Whiteboard Providers
• Universities and research organizations
• Investors and venture capitalists
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Name: Abhishek Sawant
Organization: Market Research Future
This news is published on Reuters.