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Global Interactive Whiteboard Market Insights, Trends & Future Development Status Recorded during 2018-2028 / Key manufacturers Teamboard Inc., Hitachi, Ltd, PolyVision Corporation, Panasonic Corp., LG Electronics Ltd., BenQ, Seiko Epson Corporation, VEST

01-24-2019 07:49 AM CET | Health & Medicine

Press release from: Fact.MR

Global Interactive Whiteboard Market Insights, Trends & Future

Interactive whiteboard has simplified the learning process in various educational institutes. The interactive whiteboard finds application in primary school, high school, and other institutes. The types of interactive whiteboards include standalone touchscreen computer and connectable apparatus with interactive touchpad whiteboard (used to control computers from a projector). A positive impact of using an interactive whiteboard in institutes is observed, due to which the Interactive Whiteboard Market is expected to witness significant growth over the forecast period.

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An interactive whiteboard is a tool (instructional) that allows images of a computer to be displayed onto a board. This is done by using a digital projector. Some benefits of interactive whiteboard are the ease in use, ease in learning, and a better way of teaching. Due to the same benefits, the interactive whiteboard market is expected to witness significant growth during the forecast period. Moreover, smart learning suit software, smart board for business, smart podium, smart remote management, smart speakers are other features of interactive whiteboards.

Interactive Whiteboard Market: Drivers and Challenges

With the growing adoption of smart learning and learn by fun techniques in various institutes, the use of interactive whiteboard is increasing day by day providing sustainable growth to the interactive whiteboard market. Another factor expected to drive the interactive whiteboard market is digitalization and increasing high-tech institutes in the society. The interactive whiteboard is expected to be used by almost all the high-tech institutes during the forecast period. The increasing number of coaching classes nowadays finds a rise in the application of the interactive whiteboard market providing the substantial growth to the interactive whiteboard market. Also, the interactive whiteboard is expected to be used in international conferences owing to the advanced features of the smart interactive whiteboards. In addition, some IT firms have started providing training to their employers using the interactive whiteboard.

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Furthermore, rising government initiatives to equip classrooms with suitable technological tools to facilitate easy learning for students is expected to drive the demand for interactive whiteboards in the coming years. The advancement in technologies in various countries and increasing awareness regarding the high-tech education system are some of the other factors expected to drive the growth of the interactive whiteboard market.  

Moreover, the government efforts to increase the literacy rate in some developing countries is also a key driver for the interactive whiteboard market during the forecast period. However, the high cost and requirement of the skill personnel to operate interactive whiteboards are some expected challenges in the growth of the interactive whiteboard market during the forecast period.

Interactive Whiteboard Market: Key Players

The key players of the interactive whiteboard market are Smart technologies, Alphabet, Inc., Microsoft, Cisco, Dell, InFocus Corporation, Boxlight, Egan Visual, Teamboard Inc., Hitachi, Ltd, PolyVision Corporation, Panasonic Corp., LG Electronics Ltd., BenQ, Seiko Epson Corporation, VESTEL A.S., and Samsung Electronics Co. Ltd. These layers are expected to highly influence the interactive white board market during the forecast period.

Interactive Whiteboard Market: Regional Overview

North America is expected to have one of the leading interactive whiteboard market owing to growing use of smart learning and e-learning techniques. Europe is expected to have potential growth in the interactive whiteboard market due to increasing adoption of the smart teaching techniques and advancement in technologies. The interactive whiteboard market in the Asia Pacific is expected to witness the considerate growth over the forecast period due to increasing adoption of the smart classes. Also, E-learning initiatives in emerging countries such as Japan and India have resulted in increased demand for the interactive whiteboard providing considerate growth to the interactive whiteboard market during the forecast period. Middle East and Africa is expected to have considerate growth in the interactive whiteboard market due upcoming smart and interactive technologies and growing numbers of the smart schools and institutes in the region. These is expected to give a significant growth to the interactive whiteboard market in this region.

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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