Press release
Interactive Whiteboard Market - Outlook, Opportunity, Projects, Application and Company Analysis 2016-2024
An interactive whiteboard (IWB) is an interactive display that can be connected to a computer. A projector is used to display the desktop of the connected computer onto the whiteboard screen. The whiteboard screen can be controlled with the help of a pen, stylus, or the human finger. IWBs are used by educational institutes to increase student interaction and collaboration. Whiteboards help increase students’ interest levels using multimedia content.PDF Brochure For Future Advancements @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11309
Data presented or written on IWBs can be easily edited or stored. Also, using the gesture recognition technology available in selected whiteboards, user experience is enhanced. Rising investments in the education sector have increased the adoption of technology in classrooms, driving the IWB market. Furthermore, whiteboards offer integration and interaction capabilities with portable devices such as smartphones and tablets.
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However, the IWB market is experiencing increased competition from substitute technologies. Interactive flat panels are replacing whiteboards at an alarming rate. As flat panels work without projectors and have a longer life than whiteboards, their adoption is expected to rise during the forecast period.
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The global IWB market was valued at US$ 1.21 Bn in 2015 and is forecast to decrease at a CAGR of 8.7% from 2016 to 2024, reaching a value of US$ 526.8 Mn in 2024.
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