PUBLISHER: Polaris Market Research | PRODUCT CODE: 1586370
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1586370
The interactive whiteboard market size is expected to reach USD 6,764.69 million by 2032, according to a new study by Polaris Market Research. The report "Interactive Whiteboard Market Size, Share, Trends, Industry Analysis Report: By Technology, Form, Projection Technique, Screen Size, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2024-2032." gives a detailed insight into current market dynamics and provides analysis on future market growth.
The interactive whiteboard market is experiencing rapid growth as interactive whiteboards improve instruction and learning in educational institutions. By incorporating interactive whiteboards into teaching strategies, educators can create dynamic and captivating learning environments. Also, teachers can provide multimedia-rich lessons, include interactive activities, and customize learning experiences to meet the requirements of a wide range of students with the use of interactive whiteboards.
Educational institutions are prioritizing interactive whiteboards with EDLA certification due to ongoing technological advancements. Hence, there is an increase in the number of businesses offering EDLA-certified interactive whiteboards to meet the rising demand from consumers.
For instance, in August 2023, BenQ introduced interactive whiteboards in the education sector that are EDLA-certified. BenQ provides comprehensive coverage of classroom care, including healthy and effective learning.
In recent years, the integration of Android-based technology in interactive whiteboards has enhanced usability, functionality, and accessibility. Android-powered interactive whiteboards offer a user-friendly interface, enhancing accessibility and efficiency. The Android technology allows a wide range of compatible applications, increasing the versatility of interactive whiteboards in various sectors such as classrooms and meeting rooms.
For instance, in November 2022, RICOH launched Android-based interactive whiteboards, also known as interactive flat panel displays, in Australia. This launch enabled classrooms, training rooms, and business meetings to have interactive learning and collaborative interactions.
By form analysis, the fixed segment is expected to register the fastest CAGR from 2024 to 2032 due to the widespread adoption of fixed interactive whiteboards in educational and corporate sectors, where permanent installations are preferred for long-term use.
By application analysis, the corporate segment is expected to witness the fastest CAGR during the forecast period owing to the growing number of industries implementing digital transformation projects.
North America dominated the market due to the schools in this region adopting advanced technologies.
Asia Pacific is expected to grow at the fastest CAGR in the market due to a notable increase in the adoption of student information systems and e-learning solutions.
The key market players include BenQ Corporation; Boxlight; Epson; Google LLC; Hitachi, Ltd.; Microsoft Corporation; Newline Interactive; Panasonic Corporation; SAMSUNG; and ViewSonic Corporation.
Polaris Market Research has segmented the interactive whiteboard market report based on technology, form, projection technique, screen size, application, and region:
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