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$5.1 Billion Interactive Whiteboard (IWB) Market - Global Forecast to 2023DUBLIN, March 15, 2018 /PRNewswire/ -- The "Interactive Whiteboard Market by Screen Size (Up to 69, 70-90, Above 90), Technology (Infrared, Resistive, Capacitive, Electromagnetic), End User (Education, Corporate, and Government), and Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering. The interactive whiteboard (IWB) market is estimated to grow from USD 4.31 Billion in 2018 to USD 5.16 Billion by 2023, at a CAGR of 3.69% between 2018 and 2023. The forecast period for this report is considered between 2018 and 2023. The factors that are driving the interactive whiteboard market include the trend of gamification in education and corporate sectors, adoption of e-learning and digital classroom solutions, and increased funding from different governments to incorporate IWBs for various end users. The integration of artificial intelligence (AI) and cloud storage in IWBs and the rise in the demand for IWBs in the government sector are likely to provide lucrative opportunities to players operating in the IWB market. However, the lack of skilled professionals to operate IWBs, along with the high cost of IWBs than that of traditional whiteboards is restraining the growth of the IWB market. Furthermore, the shift of users toward interactive flat panels and high adoption of tablets and smartphones pose major challenges to the market growth. In this report, the interactive whiteboard market has been segmented on the basis of screen size, technology, end user, and geography. APAC is expected to be the fastest-growing market for interactive whiteboards during the forecast period. The interactive whiteboard market has enormous growth potential in APAC, and these systems are likely to be accepted by consumers as an integral part of e-learning solutions. The increased government funding activities in APAC are contributing significantly to the growth of the interactive whiteboard market in the region, along with presence of 2 industry-leading IWB manufacturers, namey, Samsung and LG Display in the region. Moreover, the emerging economies of China and India are having a positive impact on the overall market in APAC. The lack of skilled professionals and the high cost of IWBs than that of traditional whiteboards are expected to restrain the growth of the interactive whiteboard market. Some major companies in the IWB market are Foxconn (Taiwan), Hitachi (Japan), Samsung Display (South Korea), LG Display (South Korea), Panasonic (Japan), NEC (Japan), Ricoh (Japan), Google (US), Cisco (US), and Microsoft (US). Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Interactive Whiteboard Market, By Screen Size 8 Interactive Whiteboard Market, By Technology 9 Interactive Whiteboard Market, By End User 10 Interactive Whiteboard Market, By Geography 11 Competitive Landscape 12 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/4glkdk/5_1_billion?w=5 Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/51-billion-interactive-whiteboard-iwb-market---global-forecast-to-2023-300614548.html SOURCE Research and Markets |