Interactive Whiteboard Market Research Report Information By Type (Interactive Ceramic Board, IR Boards), Technology (Infrared, Resistive Membrane, Ultrasonic) Screen Size (Up To 69”, 70” To 90”), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030

Global Interactive Whiteboard Market Overview

Interactive Whiteboard Market Size was valued at USD 05 Billion in 2022. The Interactive Whiteboard market industry is projected to grow from USD 6.1 Billion in 2023 to USD 08 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.00% during the forecast period (2023 - 2030). The installation of portable Interactive Whiteboards in the commercial sector is the key market driver enhancing market growth.

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Interactive Whiteboard Market Trends

• Increasing the use of new technologies to boost the market growth

The increasing use of technology in the education sector, especially in classrooms, has led to a significant increase in the demand for Interactive Whiteboards. These boards offer an interactive and engaging way for teachers to present their lessons to students and are becoming increasingly popular in schools, colleges, and universities around the world. Interactive whiteboards offer features such as touch interactivity, digital inking, multimedia support, and cloud connectivity, which make them valuable tools for teaching and learning. The ability to save and share class materials and presentations, as well as access to a vast array of educational resources, has further boosted their popularity among educators. As a result, many companies are investing in the development of new and improved interactive whiteboards, and the market is expected to continue to grow in the coming years.

Several drivers are estimated to drive the market. The increasing use of new technologies such as tablets, laptops, and Interactive Whiteboards in the educational industries is a major factor.  Along with that, the changes in the habit of lifestyle due to the spread of COVID-19 and increasing virtual classrooms are increasing the demand for digital learning. Furthermore, the installation of portable Interactive Whiteboards in the commercial sector will also boost the market in the upcoming years. Therefore, such factors related to Interactive Whiteboard have enhanced the Interactive Whiteboard market CAGR across the globe in recent years.

Interactive Whiteboard Market Segment Insights

Interactive Whiteboard Type Insights

The  Interactive Whiteboard market segmentation, based on type, includes Interactive Ceramic Board, and IR Boards. The IR Boards segment held the majority share 2022 of the Interactive Whiteboard market revenue. IR Boards are the most widely used type of interactive whiteboard and they work by detecting the position of a stylus or finger on the board and transmitting that information to a computer. This type of board is popular due to its affordability, ease of use, and reliability. In 2022, the IR Boards segment held the majority share of the  Interactive Whiteboard market, due to their widespread adoption and affordability.

Interactive Whiteboard Technology Insights

The  Interactive Whiteboard market segmentation, based on technology, includes Infrared, Resistive Membrane, and Ultrasonic. The infrared segment held the majority share in 2022, due to its widespread adoption and affordability. Infrared technology is the most commonly used technology in interactive whiteboards and it works by detecting the position of a stylus or finger on the board and transmitting that information to a computer.

Interactive Whiteboard Screen Size Insights

Based on screen size, the  Interactive Whiteboard market segmentation includes Up To 69”, 70” To 90”. The 70” To 90” segment dominated the market in 2022 and is projected to be the faster-growing segment during the forecast period, 2023-2030. The 70 inches To 90 inches segment dominated the market in 2022, as larger screen sizes are becoming increasingly popular in educational and corporate settings for their ability to display detailed and complex information. These larger screens also offer a more immersive experience for users, making them ideal for presentations and training sessions. These all factors for Interactive Whiteboard positively impact the market growth.

Figure 2:  Interactive Whiteboard Market, by Screen Size, 2022 & 2030 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Interactive Whiteboard Regional Insights

By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is expected to have lucrative growth in the Interactive Whiteboard market. The education sector in the Asia-Pacific region is growing rapidly, with an increasing number of schools and universities being built. This has led to a growing demand for Interactive Whiteboards, as they provide an interactive and engaging learning experience for students. The Asia-Pacific region has a high level of technology adoption, and this trend is also evident in the education sector. Interactive Whiteboards are becoming increasingly popular in classrooms, as they provide a more interactive and engaging way of learning.

Further, the major countries studied in the market report are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil

Figure 3:  INTERACTIVE WHITEBOARD MARKET SHARE BY REGION 2022 (%)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Europe is expected to account for the second-largest share of the  Interactive Whiteboard market. Europe is home to several technologically advanced countries, such as Germany and the United Kingdom, which have a high level of technology adoption in the education sector. This has led to a high demand for Interactive Whiteboards in these countries. Many European governments have launched initiatives to promote the use of technology in education, which has helped to drive demand for Interactive Whiteboards. Further, the Germany Interactive Whiteboard market held the largest market share, and the UK Interactive Whiteboard market was the fastest-growing market in the European region.

North America is expected to hold the largest share of the  Interactive Whiteboard market. The region has a well-established education sector and high adoption of technology in the classroom, which has led to a high demand for Interactive Whiteboards. Additionally, the presence of several leading players in the market is also contributing to the growth of the market in the region. The growing education sector and increasing adoption of technology in classrooms in these regions is driving demand for Interactive Whiteboards, and the market is expected to continue to grow in the coming years. Overall, the  Interactive Whiteboard market is expected to grow at a steady pace, driven by the increasing use of technology in education and corporate settings, and the growing demand for interactive and engaging presentation tools. Moreover, the U.S. Interactive Whiteboard market held the largest market share, and the Canada Interactive Whiteboard market was the fastest-growing market in the North American region.

Interactive Whiteboard Key Market Players & Competitive Insights

Major market players are spending a lot of money on R&D to increase their product lines, which will help the Interactive Whiteboard market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Interactive Whiteboard industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth for Interactive Whiteboard. With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Interactive Whiteboard industry must offer affordable products.

Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the  Interactive Whiteboard industry to benefit customers and expand the market sector. Major Interactive Whiteboard market players, including Hon Hai Precision Industry Co., Ltd., Hitachi, Ltd., Samsung Group, LG Electronics Inc., Panasonic Corporation, DTEN, The Ricoh Company, Ltd., Google LLC, Cisco System, Inc., Smart Technologies Corporation and Microsoft Corporation, and others, are attempting to increase market demand by funding R&D initiatives.

Hon Hai Precision Industry Co., Ltd., also known as Foxconn Technology Group, is a multinational electronics contract manufacturing company based in Taiwan. It is the world's largest contract manufacturer of electronics and one of the largest suppliers of electronics components. Foxconn is best known for its role as the primary assembler of Apple's iPhone, but it also manufactures a wide range of other electronics products for leading tech companies.

Hitachi, Ltd. is a Japanese multinational conglomerate company headquartered in Tokyo, Japan. Hitachi's business operations are divided into several segments, including Information & Telecommunication Systems, Social Infrastructure & Industrial Systems, Electronic Systems & Equipment, Construction Machinery, and others. The company's products and services range from railway systems and elevators to medical equipment and power tools. Hitachi is best known for its cutting-edge technologies in the fields of information technology, energy, and industrial equipment. The company has a strong research and development program and has made significant investments in the development of new technologies, such as the Internet of Things (IoT) and artificial intelligence (AI).

Key Companies in the Interactive Whiteboard market include

• Hon Hai Precision Industry Co., Ltd.


• Hitachi, Ltd.


• Samsung Group


• LG Electronics Inc.


• Panasonic Corporation


• DTEN


• The Ricoh Company, Ltd.


• Google LLC


• Cisco System, Inc.


• Smart Technologies Corporation


• Microsoft Corporation among others

Interactive Whiteboard Industry Developments

August 2022 DTN announced the release of the DTEN ONboard, the first digital canvas to support Zoom's advanced whiteboard features.

Interactive Whiteboard Market Segmentation

Interactive Whiteboard Type Outlook

• Interactive Ceramic Board


• IR Boards

Interactive Whiteboard Technology Outlook

• Infrared


• Resistive Membrane


• Ultrasonic

Interactive Whiteboard Screen Size Outlook

• Up To 69”


• 70” To 90”

Interactive Whiteboard Regional Outlook

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  North America

  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


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  Europe

  
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


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  Asia-Pacific

  
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• 
  

  Rest of the World

  
  
  
  
  • 
    

    Middle East

    
    
  
  
  • 
    

    Africa

    
    
  
  
  • 
    

    Latin America

    
    
  
  
  
  

Report Scope:

Report Attribute/Metric	Details
Market Size 2022	USD 05 Billion
Market Size 2023	USD 6.1 Billion
Market Size 2030	USD 08 Billion
Compound Annual Growth Rate (CAGR)	7.00% (2023-2030)
Base Year	2022
Market Forecast Period	2023-2030
Historical Data	2018 & 2020
Market Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered	Type, Technology, Screen Size, and Region
Geographies Covered	North America, Europe, Asia Pacific, and Rest of the World
Countries Covered	The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled	Hon Hai Precision Industry Co., Ltd., Hitachi, Ltd., Samsung Group, LG Electronics Inc., Panasonic Corporation, DTEN, The Ricoh Company, Ltd., Google LLC, Cisco System, Inc., Smart Technologies Corporation and Microsoft Corporation
Key Market Opportunities	The growth of the interactive whiteboard market in North America is attributed to the increasing demand for the interactive whiteboard in the education sector
Key Market Dynamics	The growing demand for digital classrooms

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