Published Date: 7-May-2020
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According to a new report Global Interactive Tables Market, published by KBV research, The Global Interactive Tables Market size is expected to reach $1.3 billion by 2026, rising at a market growth of 11.9% CAGR during the forecast period. Owing to accelerated digitalization in the education industry, the market is expected to see substantial growth over the coming years. Interactive tables provide an engaging experience for students to use familiar characters to learn basic concepts while concentrating on their emotional and social development. Factors such as internet penetration and changing user preferences have also created a positive effect on the proliferation of interactive tables. In fact, growing focus on gamification in the education sector has fueled demand for the product.
The Capacitive market dominated the Global Interactive Tables Market by Technology in 2019. The segment of LEDs is predicted to see the highest growth over the projected period. The introduction of LED technology has provided substantial energy savings. The reduction in energy consumption thus compels the businesses to settle for interactive touch tables based on LEDs.
In 2019, the education application segment accounted for a substantial market share. Adopting interactive tables in the education sector has led to mobilized classroom learning, active participation and creativity. In the interactive tables business, the education sector is projected to generate growth opportunities for the companies.
Interactive tables of 32 to 65 inches represented the highest market share in 2019, and are expected to maintain the dominance throughout the projected period. They are primarily seen in the industries of trade fairs & exhibits, education, retail, and hospitality.
North America is expected to account for the highest market share over the forecast period. This can be attributable to the existence of a large number of restaurants using immersive technology across Canada and the US. Two of the major factors leading to user demand are the growing presence of touch table solution providers and the fast penetration of touch table applications. Due to a high tech-savvy user base, Asia Pacific is expected to see lucrative growth in the coming years. In fact, there are many development firms selling touch tables in China making Asia Pacific a successful market participant. Europe is expected to see substantial growth as these tables are gradually deployed in educational institutes.
Structural Insights: https://www.kbvresearch.com/interactive-tables-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Boxlight Corporation, DigaliX Solutions SL, Eyefactive GmbH, Garamantis GmbH, Horizon Display, Inc., Ideum, Inc., Intermedia Touch, Inc., Marvel Technology (China) Co., Ltd., Elementary Technology Limited, TableConnect GmbH.
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