Interactive Whiteboards Market Analysis, Future Growth, Segmentation, Competitive Landscape, Key Trends & Forecast t

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Demand for interactive whiteboards continues to increase in emerging economies of Latin America and Africa where educators are tackle low budget and lack of infrastructure

According to FMI's recently released global interactive whiteboards market report, Android-based whiteboards have three times more appealing elements than online whiteboards. Training, exploration, and the scholarly world vertical have shown to be the vital promoters of enormous progressions being developed of interactive whiteboards.

On a global scale, there has been a surge in interest for brilliant study halls and clever learning hardware, fueling the demand for interactive whiteboards that mimic genuine communication.

Clients in educational organisations are making significant investments to purchase interactive whiteboards and contact sheets in bulk and coordinate them with the institutional framework. The execution and establishment of these equipment arrangements are expected to open up new revenue streams for the global market.

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The desire for excellent training, the steadily expanding number of COVID-19 positive patients, and vulnerability over the coming academic year have prompted an increasing number of understudies to enrol in virtual classes, thereby propelling the market at a noteworthy rate.

COVID-19 Impacts Interactive Whiteboard Market Positively

Governments across the globe trying to ensure spread of COVID-19 legislated stringent nationwide lockdowns.  Authorities are requesting citizens to incorporate social distancing measures, which caused a mayhem in the education industry, resulting in deferred admission, delayed exams, and no clarity about the next academic year.

With strict lockdowns in effect, citizens of these countries are staying indoors and avoiding high pubic throughput venues. Students and corporate employees are required to work from home and attend lectures and meeting online.

Interactive Whiteboards Market Outlook Key Findings

  • The global market is estimated to record a market value worth more than US$ 400 Mn by the end of 2020 with increasing significance of e-learning and virtual learning environments
  • Procurement of interactive whiteboards for educational use is the primary contributor to the growth of the global interactive whiteboards market
  • Assembled interactive whiteboards with integrated software and collaborative tools for operational applications to drive adoption
  • COVID-19 pandemic to boost adoption of interactive whiteboards nationwide lockdowns and social distancing measures disrupts schools and colleges

Key Strategies Incorporated by Interactive Whiteboards Market Players

  • Demand for interactive whiteboards continues to increase in emerging economies of Latin America and Africa where educators are tackle low budget and lack of infrastructure
  • Private schools in the Middle East and Africa (MEA) to use new technologies to promote themselves
  • Economies such as India and China are rapidly implementing a foray of smart learning initiatives, which has led to a surge in adoption of interactive whiteboards and touch boards in the regional market
  • Remote working to boost demand for interactive whiteboards as conferences and meetings require virtual setups
  • Online training to up demand for interactive whiteboards as they mimic real-life training sessions with perfect ease

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Competitors Focus on Innovation Strategies to Stay Ahead

Well-established vendors operating in the global interactive whiteboards market are focusing on offering innovative software and collaborative tools for end users looking to upgrade their existing interactive whiteboard systems.

For instance, SMART Technologies Inc. launched SMART Notebook Maestro software, as a part of the SMART Notebook Software platform enables teachers to remotely control the content that their students can view.

Following are the key players operating in the global interactive whiteboards market –

  • Xiamen Interactive Technology Co., Ltd
  • SMART Technologies ULC
  • PROMETHEAN LIMITED
  • Boxlight
  • Seiko Epson Corporation
  • InFocus Corporation
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