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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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