Interactive Whiteboard Market Revenue and Forecast to 2030

According to a new report published by Allied Market Research, titled, Interactive Whiteboard (IWB) market by offering, form factor, screen size, technology, and end user: global opportunity analysis and industry forecast, 2021–2030,” the global Interactive Whiteboard (IWB) industry size was valued at $4.29 billion in 2020, and is projected to reach $7.35 billion by 2030, registering a CAGR of 6.0%. Asia-Pacific is expected to be the leading contributor to the global market during the forecast period, followed by LAMEA and Europe.

The global Interactive Whiteboard (IWB) market size is anticipated to witness significant growth during the forecast period. Factors such as emergence of virtual classrooms & e-learning courses, government initiatives for digital education, and transformation of traditional whiteboard into digital whiteboard drive the Interactive Whiteboard (IWB) market growth. In addition, growth in digitalization & high adoption of electronics products boost the overall market growth. However, lack of technical knowledge and high integration cost is a major restraint for the global Interactive Whiteboard (IWB) industry. In addition, growth in the educational sector in Asia-Pacific is expected to create lucrative opportunities for the Interactive Whiteboard (IWB) industry.

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Scope of the Report:

The market study covers a detailed study of the market along with the help of various methods and tools. The SWOT analysis and Porter’s five forces model provide a detailed study of the major determinants of market growth. In addition, these tools are essential to understanding the profitability of the market. 

The global Interactive Whiteboard Market report includes a comprehensive study of the dynamic driving and restraining factors, challenges, and lucrative opportunities. In addition, the report offers a SWOT analysis that helps in recognizing the restraining and driving factors in the market. The Interactive Whiteboard Market report highlights market segmentation and growth analysis of the leading market players in the industry. The report provides a comprehensive study of the Covid-19 impact on the global Interactive Whiteboard Market.

Top Industry Players and Their Growth Strategies:

The global Interactive Whiteboard Market report offers a detailed study of the top 10 market players that are currently active in the industry. The report includes sales, revenue analysis, and production of these companies.

The major market players that are studied in the market report are Hitachi, Horizon Display Inc., LG Electronics, Microsoft Corporation, Planar Systems (Leyard Optoelectronic), Ricoh, Samsung Electronics Co. Ltd., Seiko Epson Corporation, Sharp NEC Display Solutions of America, Inc., and Viewsonic Corporation.

These companies have adopted several business strategies including new product launches, mergers & acquisitions, partnerships, and collaborations to maintain their foothold in the market.

Market Segmentation:

On the other hand, a detailed analysis of various Interactive Whiteboard Market segments helps new market entrants make informed business decisions and profitable investments in the future. Furthermore, it helps market players to gain a competitive advantage. The study of segment and sub-segment is provided in the report in graphical and tabular formats. This study is vital to know the highest revenue-generating and fasting growing segments of the market, which is essential information for making strategic investments.

Geographical Scope:

The global Interactive Whiteboard Market offers thorough segmentation on the basis of geography. The regions analyzed in the report are North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). This regional analysis helps to formulate business strategies that target specific regions to leverage lucrative opportunities.

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The market growth is analyzed with the help of several methods and tools. The SWOT analysis and Porter’s five forces model offer a detailed knowledge of the key determinants of market growth. Moreover, such tools are essential for understanding the profitable opportunities in the market. 

Key Market Segments

By Offering

  •  Hardware
  •  Software

By Form Factor

  •  Fixed
    •  Front Projection
      •  Less than 50 Inch
      •  50 Inch to 70 Inch
      •  71 Inch to 90 inch
      •  Greater than 90 Inch
    •  Rear Projection
      •  Less than 50 Inch
      •  50 Inch to 70 Inch
      •  71 Inch to 90 inch
      •  Greater than 90 Inch
  •  Portable
    •  Front Projection
      •  Less than 50 Inch
      •  50 Inch to 70 Inch
      •  71 Inch to 90 inch
      •  Greater than 90 Inch
    •  Rear Projection
      •  Less than 50 Inch
      •  50 Inch to 70 Inch
      •  71 Inch to 90 inch
      •  Greater than 90 Inch

By Screen Size

  •  Less than 50 Inch
  •  50 Inch to 70 Inch
  •  71 Inch to 90 inch
  •  Greater than 90 Inch

By Technology 

  •  Infrared
  •  Resistive
  •  Capacitive
  •  Electromagnetic
  •  Others

By End User

  •  Education
  •  Healthcare
  •  Retail
  •  Corporate
  •  Others

By Region

  •  North America
    •  U.S.
    •  Canada
    •  Mexico
  •  Europe
    •  UK
    •  Germany
    •  France
    •  Italy
    •  Rest of Europe
  •  Asia-Pacific
    •  China 
    •  Japan
    •  India
    •  South Korea
    •  Rest of Asia-Pacific
  •  LAMEA
    •  Latin America
    •  Middle East 
    •  Africa

KEY PLAYERS

  •  Hitachi
  •  Horizon Display Inc.
  •  LG Electronics
  •  Microsoft Corporation
  •  Planar Systems (Leyard Optoelectronic)
  •  Ricoh
  •  Samsung Electronics Co. Ltd.
  •  Seiko Epson Corporation
  •  Sharp NEC Display Solutions of America, Inc. 
  •  Viewsonic Corporation

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of AMR, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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