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Global Interactive Whiteboard Market to Grow at 7.2% During 2022-2027, Catalyzed by Growing Inclination Toward E-learning Solutions

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Interactive Whiteboard (IWB) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global interactive whiteboard (IWB) market reached a value of US$ 4.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.9 Billion by 2027, exhibiting a CAGR of 7.2% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor. 

Interactive whiteboards (IWB) are a modern alternative to traditional whiteboards that are commonly used in educational institutions and formal academic settings. They have a large interactive display that enables computer images to be displayed on the whiteboard. The display also allows the user to control various functions using their finger or a pen. A wide range of tools used for mathematical calculations, drawing graphs and painting are also provided in IWBs that make them a highly preferred choice among the users. They are primarily used in large spaces such as classrooms and conference rooms where presentations are delivered to a large gathering.

 

 
 

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Growing digitization in the education sector is one of the key factors driving the market growth. The inclination of the masses toward virtual learning and e-learning solutions has resulted in the incorporation of IWBs in various schools and educational institutions across the globe. Furthermore, IWBs aid teachers in demonstrating concepts with enhanced visualization, which further aids in effective knowledge dissemination, especially to differently abled students. Therefore, governments of both developed and emerging nations are increasingly funding interactive learning methods in schools, which is further expected to drive the demand for IWBs. Moreover, the increasing adoption of the infrared technology, which makes IWBs more durable and comfortable to operate, and extensive usage of Digital Vision Touch (DViT) that uses infrared as a base and adds multi-touch features have assisted in the increased installation of IWBs in classrooms and corporate boardrooms.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global interactive whiteboard (IWB) market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on technology, type, projection technique, screen size and end use sector.

Breakup by Technology:

 

 
 

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  • Infrared 
  • Resistive
  • Capacitive
  • Electromagnetic
  • Others
     

Breakup by Type:

  • Fixed
  • Portable
     

Breakup by Projection Technique:

  • Front Projection
  • Rear Projection
     

Breakup by Screen Size:

  • IWBs with a Screen Size Up to 69”
  • IWBs with a Screen Size Ranging from 70”–90”
  • IWBs with a Screen Size Above 90”
     

Breakup by End Use Sector:

  • Education
  • Corporate
  • Government
  • Others
     

Breakup by Region:

 

 
 

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

 

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Hitachi, Ltd., Panasonic Corporation, LG Display, Foxconn, NetDragon Websoft, Samsung Electronics, NEC Display, Ricoh, Returnstar Interactive Technology, Boxlight Corporation, Cisco Systems, Alphabet, Microsoft Corporation, and Luidia, Inc, etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Technology, Type, Projection Technique, Screen Size, End Use Sector, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Hitachi, Ltd., Panasonic Corporation, LG Display, Foxconn, NetDragon Websoft, Samsung Electronics, NEC Display, Ricoh, Returnstar Interactive Technology, Boxlight Corporation, Cisco Systems, Alphabet, Microsoft Corporation, and Luidia, Inc
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Interactive Whiteboard (IWB) Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Technology
    5.5    Market Breakup by Type 
    5.6    Market Breakup by Projection Technique
    5.7    Market Breakup by End Use Sector
    5.8    Market Breakup by Screen Size
    5.9    Market Breakup by Region
    5.10    Market Forecast
6   Market Breakup by Technology
    6.1    Infrared
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Resistive
        6.2.1    Market Trends
        6.2.2    Market Forecast
    6.3    Capacitive
        6.3.1    Market Trends
        6.3.2    Market Forecast
    6.4    Electromagnetic
        6.4.1    Market Trends
        6.4.2    Market Forecast
    6.5    Others
        6.5.1    Market Trends
        6.5.2    Market Forecast
7   Market Breakup by Type
    7.1    Fixed
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Portable
        7.2.1    Market Trends
        7.2.2    Market Forecast
8   Market Breakup by Projection Technique
    8.1    Front Projection
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Rear Projection
        8.2.1    Market Trends
        8.2.2    Market Forecast
9   Market Breakup by Screen Size
    9.1    IWBs with a Screen Size Up to 69”
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    IWBs with a Screen Size Ranging from 70”–90”
        9.2.1    Market Trends
        9.2.2    Market Forecast
    9.3    IWBs with a Screen Size Above 90”
        9.3.1    Market Trends
        9.3.2    Market Forecast
10  Market Breakup by End Use Sector
    10.1    Education
        10.1.1    Market Trends
        10.1.2    Market Forecast
    10.2    Corporate
        10.2.1    Market Trends
        10.2.2    Market Forecast
    10.3    Government
        10.3.1    Market Trends
        10.3.2    Market Forecast
    10.4    Others
        10.4.1    Market Trends
        10.4.2    Market Forecast
11  Market Breakup by Region
    11.1    Europe
        11.1.1    Market Trends
        11.1.2    Market Forecast
    11.2    North America
        11.2.1    Market Trends
        11.2.2    Market Forecast
    11.3    Asia Pacific
        11.3.1    Market Trends
        11.3.2    Market Forecast
    11.4    Middle East and Africa
        11.4.1    Market Trends
        11.4.2    Market Forecast
    11.5    Latin America
        11.5.1    Market Trends
        11.5.2    Market Forecast
12  SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13  Value Chain Analysis
14  Porters Five Forces Analysis
    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15  Price Analysis
16  Competitive Landscape
    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    Hitachi, Ltd.
        16.3.2    Panasonic Corporation
        16.3.3    LG Display
        16.3.4    Foxconn
        16.3.5    NetDragon Websoft
        16.3.6    Samsung Electronics
        16.3.7    NEC Display
        16.3.8    Ricoh 
        16.3.9    Returnstar Interactive Technology
        16.3.10     Boxlight Corporation
        16.3.11      Cisco Systems
        16.3.12      Alphabet
        16.3.13      Microsoft Corporation
        16.3.14      Luidia, Inc

List of Figures

Figure 1: Global: Interactive Whiteboard Market: Major Drivers and Challenges
Figure 2: Global: Interactive Whiteboard Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Interactive Whiteboard Market: Breakup by Technology (in %), 2021
Figure 4: Global: Interactive Whiteboard Market: Breakup by Type (in %), 2021
Figure 5: Global: Interactive Whiteboard Market: Breakup by Projection Technique (in %), 2021
Figure 6: Global: Interactive Whiteboard Market: Breakup by End Use Sector (in %), 2021
Figure 7: Global: Interactive Whiteboard Market: Breakup by Screen Size (in %), 2021
Figure 8: Global: Interactive Whiteboard Market: Breakup by Region (in %), 2021
Figure 9: Global: Interactive Whiteboard Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 10: Global: Interactive Whiteboard Industry: SWOT Analysis
Figure 11: Global: Interactive Whiteboard Industry: Value Chain Analysis
Figure 12: Global: Interactive Whiteboard Industry: Porter’s Five Forces Analysis
Figure 13: Global: Interactive Whiteboard (Infrared) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Interactive Whiteboard (Infrared) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Interactive Whiteboard (Resistive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Interactive Whiteboard (Resistive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Interactive Whiteboard (Capacitive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Interactive Whiteboard (Capacitive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Interactive Whiteboard (Electromagnetic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Interactive Whiteboard (Electromagnetic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Interactive Whiteboard (Other Technologies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Interactive Whiteboard (Other Technologies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Interactive Whiteboard (Fixed) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Interactive Whiteboard (Fixed) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Interactive Whiteboard (Portable) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Interactive Whiteboard (Portable) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Interactive Whiteboard (Front Projection) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Interactive Whiteboard (Front Projection) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Interactive Whiteboard (Rear Projection) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Interactive Whiteboard (Rear Projection) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Interactive Whiteboard (IWBs With A Screen Size Up to 69”) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Interactive Whiteboard (IWBs With A Screen Size Up to 69”) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Interactive Whiteboard (IWBs With A Screen Size Ranging From 70”–90”) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Interactive Whiteboard (IWBs With A Screen Size Ranging From 70”–90”) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Interactive Whiteboard (IWBs With A Screen Size Above 90”) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Interactive Whiteboard (IWBs With A Screen Size Above 90”) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Interactive Whiteboard (Education) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Interactive Whiteboard (Education) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Interactive Whiteboard (Corporate) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Interactive Whiteboard (Corporate) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: Interactive Whiteboard (Government) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: Interactive Whiteboard (Government) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Global: Interactive Whiteboard (Other Sectors) Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Global: Interactive Whiteboard (Other Sectors) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Europe: Interactive Whiteboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Europe: Interactive Whiteboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: North America: Interactive Whiteboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: North America: Interactive Whiteboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Asia Pacific: Interactive Whiteboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Asia Pacific: Interactive Whiteboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Middle East and Africa: Interactive Whiteboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Middle East and Africa: Interactive Whiteboard Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Latin America: Interactive Whiteboard Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Latin America: Interactive Whiteboard Market Forecast: Sales Value (in Million US$), 2022-2027

List of Tables

Table 1: Global: Interactive Whiteboard Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Interactive Whiteboard Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 3: Global: Interactive Whiteboard Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 4: Global: Interactive Whiteboard Market Forecast: Breakup by Projection Technique (in Million US$), 2022-2027
Table 5: Global: Interactive Whiteboard Market Forecast: Breakup by Screen Size (in Million US$), 2022-2027
Table 6: Global: Interactive Whiteboard Market Forecast: Breakup by End Use Sector (in Million US$), 2022-2027
Table 7: Global: Interactive Whiteboard Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Interactive Whiteboard Market: Competitive Structure
Table 9: Global: Interactive Whiteboard Market: Key Players


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Key Questions Answered in This Report

The global interactive whiteboard market was valued at US$ 4.6 Billion in 2021.

We expect the global interactive whiteboard market to exhibit a CAGR of 7.2% during 2022-2027.

The sudden outbreak of the COVID-19 pandemic has led to the rising adoption of interactive whiteboards as a virtual learning and e-learning solutions across the education sector, during the lockdown scenario.

 

The growing digitization in the education sector, along with the increasing deployment of IWBs in demonstrating concepts with enhanced visualization for an effective knowledge dissemination, especially to differently abled students, is primarily driving the global interactive whiteboard market.

 

Based on the technology, the global interactive whiteboard market has been divided into infrared, resistive, capacitive, electromagnetic, and others. Among these, resistive currently exhibits a clear dominance in the market.

 

Based on the type, the global interactive whiteboard market can be categorized into fixed and portable. Currently, portable accounts for the majority of the total market share.

Based on the screen size, the global interactive whiteboard market has been segregated into IWBs with a screen size up to 69”, IWBs with a screen size ranging from 70”-90”, and IWBs with a screen size above 90”, where IWBs with a screen size ranging from 70”-90” currently holds the largest market share.

Based on the end use sector, the global interactive whiteboard market can be bifurcated into education, corporate, government, and others. Currently, the education sector exhibits a clear dominance in the market.

On a regional level, the market has been classified into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America, where North America currently dominates the global market.

Some of the major players in the global interactive whiteboard market include Hitachi, Ltd., Panasonic Corporation, LG Display, Foxconn, NetDragon Websoft, Samsung Electronics, NEC Display, Ricoh, Returnstar Interactive Technology, Boxlight Corporation, Cisco Systems, Alphabet, Microsoft Corporation, Luidia, Inc, etc.

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