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Interactive Whiteboard Market Analysis 2023-2032: Forecast Market Size, Top Segments And Largest Region | Boxlight Corporation, Cisco System, Inc., Foxconn Technology Group, Google, Inc., Hitachi, Ltd., LG Electronics Inc
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Interactive Whiteboard Global Market Report 2023 identifies the government initiatives for digital education are driving the interactive whiteboard market. Digital education is a creative application of current technologies and digital tools to aid in the advancement of teaching and learning. Digital education is the future of obtaining education via the use of technology and digital gadgets. During COVID-19 pandemic, digital education played an important role in imparting knowledge. Digital education has grown in popularity dramatically in recent years. Due to technological advancements, people of all ages may now study at a distance and through various mediums, ranging from video tutorials to infographics and slideshows. Interactive whiteboards aid digital education by creating a classroom environment anytime and anywhere. Governments in different countries are taking initiatives to promote digital education so that the people can learn and grow as and when they need it.
The global interactive whiteboard market size will grow from $4.65 billion in 2022 to $4.9 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the interactive whiteboard is expected to grow to $5.93 billion in 2027 at a CAGR of 4.9%.
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Major players in the interactive whiteboard market are Boxlight Corporation, Cisco System, Inc., Foxconn Technology Group, Google, Inc., Hitachi, Ltd., LG Electronics Inc., Microsoft Corporation, NEC Display, Panasonic Corporation, Returnstar Interactive Technology, Ricoh Company, Samsung Electronics Co. Ltd., Seiko Epson Corporation, BenQ Corp., Sharp Corp., Horizon Display Inc., Julong Educational Technology Co. Ltd., Ketab Technologies, NetDragon Websoft, and PolyVision Corp.
A key trend in the Interactive Whiteboard market includes the use of portable interactive whiteboard (IWB) in the education and corporate sector has become a key trend gaining popularity in the interactive whiteboard market. Interactive whiteboards are helping teachers, students, and businesses to promote collaboration and active participation by enhancing creativity and expanding the learning space using technology.
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The Interactive Whiteboard market is segmented -
1) By Form: Fixed, Portable
2) 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"
3) By Technology: Resistive Whiteboard, Capacitive Whiteboard, Electromagnetic Whiteboard, Optical Whiteboard, Other Technologies
4) By End User: Education, Healthcare, Retail, Corporate, Other End-Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Interactive Whiteboard market.
The Business Research Company's "Global Interactive Whiteboard Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Interactive Whiteboard Market Include:
1. Executive Summary
2. Interactive Whiteboard Market Characteristics
3. Interactive Whiteboard Market Trends And Strategies
4. Interactive Whiteboard Market - Macro Economic Scenario
5. Interactive Whiteboard Market Size And Growth
……
27. Interactive Whiteboard Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Interactive Whiteboard Market
29. Interactive Whiteboard Market Future Outlook and Potential Analysis
30. Appendix
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