Published Date: 28-Feb-2022
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According to a new report Global Interactive Whiteboard Market, published by KBV research, The Global Interactive Whiteboard Market size is expected to reach $3.7 billion by 2027, rising at a market growth of 6.4% CAGR during the forecast period.
The Back Projection market is expected to witness a CAGR of 8.3% during (2021 - 2027). Because back projection approach detects and eliminates the presenter shadow that appears behind the interactive whiteboard. As a result, the presenter must communicate with the audience while facing the projector. Back projection Interactive Whiteboard, on the other hand, are substantially more expensive than front board projectors and are frequently huge in size, making installation time consuming.
The Corporate market is expected to witness a CAGR of 5.6% during (2021 - 2027). Professionals are using Interactive Whiteboard in corporate meeting and conference rooms during the planning, designing, and various other developmental stages of a product, which is gaining acceptance in the corporate sector. The interactive whiteboard is now connected to a business network, allowing multiple remote users to watch the screen.
The Capacitive market is expected to witness a CAGR of 6.1% during (2021 - 2027). As it differs from and outperforms existing standard Interactive Whiteboard technologies, and it will be the next big thing. When a person contacts the board, the capacitive film inside the board detects and locates the human body's static electrical capability. Because it solely identifies finger or capacitive pen contact, any erroneous touch or writing caused by items on or near the board may be removed.
The Portable market is expected to witness highest CAGR of 7.7% during (2021 - 2027). During business visits, portable IWBs are ideal for last-minute presentations. Multi-touch capabilities are supported by portable IWBs, which do not require any external support or surfaces. Because of the aforementioned benefits, Portables are gaining popularity among customers, and the market for Portables is predicted to increase significantly.
The 71 Inch to 90 Inch market is expected to witness a CAGR of 7% during (2021 - 2027). Interactive white boards with screen widths ranging from 70 to 90 inches are expected to be in high demand at educational institutions as well as corporate and government offices. Various key companies have been looking forward to emerging technologies that will help the educational industry meet the demand for teaching a large number of students.
The Europe market dominated the Global Interactive Whiteboard Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,218.4 million by 2027. The North America market is experiencing a CAGR of 5.7% during (2021 - 2027). Additionally, The Asia Pacific market would showcase a CAGR of 8.2% during (2021 - 2027).
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 Seiko Epson Corporation, Hon Hai Precision Industry Co., Ltd. (Smart Technologies), Cisco Systems, Inc., Hitachi, Ltd., LG Electronics, Inc. (LG Corporation), Samsung Electronics Co., Ltd. (Samsung Group), Microsoft Corporation, Google, Inc., Panasonic Corporation, and Horizon Display, Inc.
By Projection Technique
By Form Factor
By Screen Size
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