The interactive whiteboard market relies on the serious impact of the ongoing coronavirus incident. Blockade measures have restricted the use of telecommuting methods by organizations, and educational institutions have been forced to temporarily close activities or provide online education offices. These variables will create truly beneficial freedom for high-quality interactive whiteboard engineers and support the improvement of business units throughout the emergency.Training, exploration, and academic community verticals have proven to be important advocates for the tremendous progress in smart whiteboard development. Smart classrooms and smart learning hardware are popular all over the world, satisfying the interest in Ultra HD interactive whiteboard that simulate real communication.
Interactive Whiteboard (IWB) Market, By Application
• Education Field
• Business Field
• Government Field
• Household Field
• Others
Based on Application, The market is bifurcated into Education Field, Business Field, Government Field, Household Field, and Others. The education sector is estimated to witness the highest CAGR for the forecast period. The factors that can be attributed to the growing demand for e-learning and interactive learning is a major factor driving the growth of the touch screen Interactive Whiteboard (IWB) Market globally. Hence, governments across regions are increasingly funding interactive learning models for schools to promote the interactive learning method. Research and survey studies have shown that people learn faster when learning is interactive and two-way. All these factors are fueling the demand for this segment.
Interactive Whiteboard (IWB) Market, By Product
• < 55 Inch
• 56-65 Inch
• 66-75 Inch
• 76-85 Inch
• > 85 Inch
Based on Product, The market is bifurcated into< 55 Inch, 56-65 Inch, 66-75 Inch, 76-85 Inch, and > 85 Inch. The 76-85 Inch segment holds the largest market share. The demand for IWBswith a display screen size of 76-85 Inch is largely driven by educational institutes and government and corporate offices where they are essentially used in training sessions and business meetings. Classroom teaching usually involves a group of students (an average of 30 students in a class), and IWBs with a screen size of 76-85 Inch are found to be the most suitable to make the content (notes from the teacher or content from a textbook) visible to the entire class.
Interactive Whiteboard (IWB) Market, By Geography
• North America
• Europe
• Asia Pacific
• Rest of the world
On the basis of Regional Analysis, The Global Interactive Whiteboard (IWB) Market is classified into North America, Europe, Asia Pacific, and Rest of the world. North America holds the largest market share. The significant adoption of various touch technology-based IWBs in North America, particularly in the US education, corporate, and government sectors. Also, some of the major key market players of IWB such as Cisco, Google, Egan Team board, Smart Technologies, and Qomo are headquartered in the US.