Press release
Interactive Whiteboard Market : An Insight On the Important Factors and Trends Influencing the Market
An interactive whiteboard is a large display designed to be connected to a computer and projector. The projector projects what is displayed on the computer desktop and the image projected on the whiteboard can be manipulated or controlled by the user with the help of a pen, finger or other devices.The global interactive whiteboard market was valued at US$ 1,257.3 Mn by 2015 end, which is expected to decline at a CAGR of -17% during the forecast period (2016–2026).
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Increasing government support for transformation of conventional chalk blackboard classrooms into digital ones and increasing significance of e-Learning and virtual learning environments across the globe are some of the key trends associated with the interactive whiteboard market currently.
The global interactive whiteboard market is segmented on the basis of digitizing technology, end–users and region. On the basis of digitizing technology, the market is segmented into digital vision touch (DViT) technology, infrared digitizing technology, electromagnetic digitizing technology and others.
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The global interactive whiteboard market is segmented into six major regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific (APAC) and the Middle East & Africa (MEA). Among these, the APAC market is expected to be the largest contributor in terms of value, accounting for over 60.5% share of the global interactive whiteboard market by 2015 end.
This is mainly attributed to rise in government initiatives to enable classrooms with technological equipment such as PCs, projectors, laptops and interactive whiteboards to facilitate easy learning for students in the region.
Key players identified in the global interactive whiteboard market include SMART Technologies Inc., Promethean World plc., Hitachi, Ltd., Panasonic Corporation, Steelcase Inc., Julong Educational Technology Co., Ltd., Touch IT Technologies Inc., Xiamen Interactive Technology Co., Ltd, Turning Technologies, LLC. and Egan Teamboard Inc.
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