According to the latest report by IMARC Group, titled “Classroom Displays Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the global classroom displays market size reached US$ 69.7 Billion in 2022. Classroom displays refer to any display or visual aid that is utilized in classrooms to enhance the learning environment. The characteristics of classroom displays include providing information to students, either by presenting new material or reinforcing concepts by using colorful and visually appealing elements to capture students' attention and engage them in the learning process. These processes include interactive bulletin boards, anatomical models, literature text, posters, charts, photographs, or any other type of visual representation that serves an educational purpose. In addition to this, classroom displays can be interactive, allowing students to manipulate or engage with the material in real-time with a hands-on approach, thereby inspiring creativity and imagination. Some of the main advantages of classroom displays include improved learning outcomes, enhanced student engagement, personalized learning experience and improved classroom atmosphere with a more welcoming and engaging learning environment.
Global Classroom Displays Market Trends:
The global market is majorly driven by the escalating product demand for personalized and adaptive learning across numerous institutions. This can be attributed to the rising need for interactive and engaging teaching tools in the education sector. In line with this, continual technological advancements, such as touchscreen support facilitating better content interaction, displaying multiple input sources simultaneously, and saving and recalling annotated content, is also fueling the market demand. Additionally, the advent of smart classrooms is leading to a higher uptake of education projectors and interactive flat panels with enhanced features, such as closed captioning support and enhanced connectivity with smart devices on school network, which, in turn, is fueling the market. The market is further driven by the rising demand for visual aids in teaching for aiding students in understanding complex concepts, thereby making it a preferred choice for educators. Apart from this, an enhanced focus on improving the quality of education resulting in increasing education expenditure by government bodies of several countries, particularly in the emerging economies is also creating a positive market outlook. Furthermore, the increasing adoption of e-learning courses and online and hybrid learning models offered by educational institutions across the globe is creating lucrative opportunities in the market. Some of the other factors contributing to the market include the proliferation of the education industry, rising awareness among the masses regarding the benefits of classroom displays, inflating disposable income levels, rapid urbanization and extensive research and development (R&D) activities conducted by key players. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 245.2 Billion by 2028, exhibiting a CAGR of 23.2% during 2023-2028.
- Based on the type, the market has been segmented into education projectors, interactive flat panels, interactive tables, interactive whiteboards, wireless slates, and others. Among these, education projectors represent the largest market segment.
- On the basis of the application, the market has been divided into school, training institutions, and others. Among these, school accounts for the dominant market share.
- On the geographical front, the market has been segregated into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa. At present, North America holds the leading position in the market.
- The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include Acer Incorporated, BenQ Corporation (Qisda Corporation), Hitachi Ltd., LG Electronics Inc. (LG Corporation), Promethean World Ltd., Seiko Epson Corporation, Smart Technologies (Hon Hai Precision Industry Co. Ltd.), and Sony Group Corporation.
|Base Year of the Analysis
| Type Covered
||Education Projectors, Interactive Flat Panels, Interactive Tables, Interactive Whiteboards, Wireless Slates, Others
||School, Training Institutions, Others
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||Acer Incorporated, BenQ Corporation (Qisda Corporation), Hitachi Ltd., LG Electronics Inc. (LG Corporation), Promethean World Ltd., Seiko Epson Corporation, Smart Technologies (Hon Hai Precision Industry Co. Ltd.), Sony Group Corporation, etc.
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