Mar 15, 2018   SOURCE: PR NewsWire

$5.1 Billion Interactive Whiteboard (IWB) Market - Global Forecast to 2023

$5.1 Billion Interactive Whiteboard (IWB) Market - Global Forecast to 2023

DUBLIN, March 15, 2018 /PRNewswire/ --

The "Interactive Whiteboard Market by Screen Size (Up to 69, 70-90, Above 90), Technology (Infrared, Resistive, Capacitive, Electromagnetic), End User (Education, Corporate, and Government), and Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

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The interactive whiteboard (IWB) market is estimated to grow from USD 4.31 Billion in 2018 to USD 5.16 Billion by 2023, at a CAGR of 3.69% between 2018 and 2023. The forecast period for this report is considered between 2018 and 2023.

The factors that are driving the interactive whiteboard market include the trend of gamification in education and corporate sectors, adoption of e-learning and digital classroom solutions, and increased funding from different governments to incorporate IWBs for various end users. The integration of artificial intelligence (AI) and cloud storage in IWBs and the rise in the demand for IWBs in the government sector are likely to provide lucrative opportunities to players operating in the IWB market.

However, the lack of skilled professionals to operate IWBs, along with the high cost of IWBs than that of traditional whiteboards is restraining the growth of the IWB market. Furthermore, the shift of users toward interactive flat panels and high adoption of tablets and smartphones pose major challenges to the market growth.

In this report, the interactive whiteboard market has been segmented on the basis of screen size, technology, end user, and geography.

APAC is expected to be the fastest-growing market for interactive whiteboards during the forecast period. The interactive whiteboard market has enormous growth potential in APAC, and these systems are likely to be accepted by consumers as an integral part of e-learning solutions. The increased government funding activities in APAC are contributing significantly to the growth of the interactive whiteboard market in the region, along with presence of 2 industry-leading IWB manufacturers, namely, Samsung and LG Display in the region. Moreover, the emerging economies of China and India are having a positive impact on the overall market in APAC.

The lack of skilled professionals and the high cost of IWBs than that of traditional whiteboards are expected to restrain the growth of the interactive whiteboard market.

Some major companies in the IWB market are Foxconn (Taiwan), Hitachi (Japan), Samsung Display (South Korea), LG Display (South Korea), Panasonic (Japan), NEC (Japan), Ricoh (Japan), Google (US), Cisco (US), and Microsoft (US).

Key Topics Covered:

1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Scope of the Study
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities for IWB Market
4.2 IWB Market, By Education Sector
4.3 IWB Market, By Screen Size
4.4 IWB Market, By Technology
4.5 IWB Market, By End User
4.6 Asia Pacific IWB Market, By Country & End User
4.7 IWB Market, By Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Demand for Gamification and Digital Classrooms
5.2.1.2 Increased Funding on IWBs
5.2.2 Restraints
5.2.2.1 Lack of Skilled Professionals
5.2.2.2 High Cost of IWBs in Comparison to Traditional Whiteboards
5.2.3 Opportunities
5.2.3.1 Integration of Artificial Intelligence in IWBs
5.2.3.2 Integration of Cloud Storage in IWBs
5.2.4 Challenges
5.2.4.1 Shift Towards Interactive Flat Panels
5.2.4.2 Increasing Adoption of Tablets and Smartphones in the Education Sector

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Key Trends in the IWB Market
6.3.1 Artificial Intelligence-Based IWBs
6.3.2 Multi-Point Touch Feature

7 Interactive Whiteboard Market, By Screen Size
7.1 Introduction
7.2 IWBs With A Screen Size Up to 69
7.3 IWBs With A Screen Size Ranging From 70-90
7.4 IWBs With A Screen Size Above 90

8 Interactive Whiteboard Market, By Technology
8.1 Introduction
8.2 Infrared
8.3 Resistive
8.4 Capacitive
8.5 Electromagnetic
8.6 Others
8.6.1 Laser Scanner
8.6.2 Ultrasonic Tracking Technology

9 Interactive Whiteboard Market, By End User
9.1 Introduction
9.2 Education
9.3 Corporate
9.4 Government

10 Interactive Whiteboard Market, By Geography

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking
11.3 Competitive Scenario
11.3.1 New Product Launches
11.3.2 Partnerships
11.3.3 Mergers & Acquisitions
11.3.4 Expansions

12 Company Profiles

    --  Alphabet
    --  Boxlight Corporation
    --  Cisco
    --  Dongguan Riotouch Technology
    --  Foxconn
    --  Hitachi
    --  Ketab Technologies
    --  LG Display
    --  Ludia
    --  Microsoft
    --  NEC Display
    --  Netdragon
    --  Panasonic
    --  QOMO
    --  Returnstar Interactive Technology
    --  Ricoh
    --  Samsung Electronics
    --  Shenzhen Fangcheng Teaching Equipment
    --  Shenzhen Itech Solutions
    --  Specktron

For more information about this report visit https://www.researchandmarkets.com/research/4glkdk/5_1_billion?w=5

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