Interactive Whiteboard Market to Reach US$526.8 mn by 2024 Powered by Demand from Education Sector - TMR

ALBANY, New York, October 4, 2018 /PRNewswire/ --

Players that have come to hold a prominent position in the global interactive whiteboard market are Promethean Limited, Smart Technologies Inc., Hitachi, Ltd., Seiko Epson Corporation, Sharp Corporation, and Samsung Electronics Co. With the interactive learning space still evolving, these players along with their other nimble counterparts are seen focusing on product development by banking upon latest technologies.

     (Logo: https://mma.prnewswire.com/media/664869/Transparency_Market_Research_Logo.jpg )

A report on the global interactive whiteboard (IWB) market finds that it would rise at a healthy 8.7% CAGR from 2016 to 2024. At this pace, the market is predicted to hit US$526.8 mn by the end of 2024. The market was worth US$1.21 bn in 2015.

Get PDF Brochure for Research Insights at: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11309

The various types of IWB available in the global interactive whiteboard market are electromagnetic, resistive membrane, ultrasonic, infrared, and laser scanner. Among those, the resistive membrane IWBs accounted for a substantial 50.0% share in the market in 2015. The product segment has been grossing most of the revenue. From a geographical standpoint, the global interactive whiteboard market is currently being led by Asia Pacific owing to the high population of school children in the region. Going forward too, the regional segment is predicted to play a pivotal role in the market.

Browse Report TOC: https://www.transparencymarketresearch.com/report-toc/11309

Product Innovation and Demand from Education Sector Propels Market 

Being still in its early stages, the global interactive whiteboard market is characterized by swift technological innovation and frequent launch of new products. This is predicted to have a positive impact on the revenue generation in the near term. Elaborates our lead analyst of the report, "Growing investment in the education sector leading to uptake of latest technologies for better teaching techniques has provided a major impetus to the global interactive whiteboard market. IWB facilitate quick and easy content development. In addition, surging popularity of virtual learning and e-learning is also expected to have a positive impact on the market."

Apart from the education sector which is at the forefront of driving demand in the global interactive whiteboard market, the corporate segment is also having a major positive impact on sales. Currently, most of the demand is generated in Asia Pacific owing to its large student population. The Middle East and Latin America interactive whiteboard markets are also proving to be lucrative. Another noticeable trend is the demand for medium-sized IWBs which are relatively affordable and yet have multi-user functionalities.

Request a Custom Report at https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=11309

Substitute Products Challenge Sales in Interactive Whiteboard Market 

Despite such a positive outlook, there are a few factors nonetheless that are having a negative impact on the global interactive whiteboard market. Those include the launch of substitutes that either compete with or replace IWBs. Adds our in-house analyst, "The industry is seeing a shift in product mix from interactive projectors and interactive whiteboards to interactive flat panels. This is predicted to gain further traction in the coming years."

The review is based on the findings of a TMR report, titled, "Interactive Whiteboard Market (IWB) (Type - Resistive Membrane, Electromagnetic, Infrared, Ultrasonic, Laser Scanner; End-use - Education, Corporate, Government; By Size - Small, Medium-sized, Large) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016-2024."

Request a Sample of Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=11309

The report segments the Global Interactive Whiteboard Market into the following: 

Global Interactive Whiteboard Market, by Type 

• Resistive Membrane
• Electromagnetic
• Infrared
• Ultrasonic
• Laser Scanner

Global Interactive Whiteboard Market, by End-use Adoption 

• Education
• Corporate
• Government

Global Interactive Whiteboard Market, by Size 

• Small
• Medium-sized
• Large

Global Interactive Whiteboard Market, by Geography 

• North America
• Europe
• Asia Pacific
• Middle East and Africa

Browse More IT & Telecom Market Research Reports

Popular Research Reports by TMR: 

• Smart Toys Market (Toy Type - App- Enabled Mechanical Toys, Voice/Image Recognition Toys, Screenless Toys, Toys-To-Life, Puzzles and Building Games, Health Tracking Toys/ Wearable; Interfacing Device - Smartphone-Connected Toys, Tablet-Connected Toys, Console-Connected Toys, App-Connected Drones; Technology - Wi-Fi, Bluetooth, RFID/ NFC; Distribution Channel - Online Market, Specialty Stores, Toy Shops, Cloud Based, On Premise; Age Group - 2-5 years, 6-8 years, 8-12 years, Teenagers, Adults): https://www.transparencymarketresearch.com/smart-toys-market-2018-2026.html
  
• Smartphone Market ((Operating System - (Android, iOS, Windows),Distribution Channel {Online, Offline (Single Brand Store, Multi-Brand Store), Price Range (Below US$ 100, US$ 100-200,US$ 200-500,US$ 500 and above), Size (below 4.0", 4.0" - 5.0", Up to 6.0" ),RAM Size (Below 2GB,2GB-4GB,upto 8GB)): https://www.transparencymarketresearch.com/smartphone-market.html
  
• Smart Classroom Market (Component - Interactive Whiteboards and Displays, Projectors, Learning Management Software, Student Response Software, Classroom Management and Assessment Software, Support Services; Application - Educational Gaming, Educational Security, Educational ERP; End Use - Kindergarten, K-12, Higher Education): https://www.transparencymarketresearch.com/smart-classroom-market.html

About Us 

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

Website: https://www.transparencymarketresearch.com

Research Blog: http://www.editiontruth.com/