The global interactive whiteboard (IWB) market size reached US$ 5.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 9.0 Billion by 2032, exhibiting a growth rate (CAGR) of 6% during 2024-2032. The growing application in educational institutes, increasing need for interactive learning, and rising adoption of smart devices represent some of the key factors driving the market.
Report Attribute
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Key Statistics
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Base Year
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2023 |
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023 | US$ 5.3 Billion |
Market Forecast in 2032 | US$ 9.0 Billion |
Market Growth Rate (2024-2032) | 6% |
An interactive whiteboard (IWB), also known as a smartboard, refers to a digital device that comprises various technologies, such as infrared, resistive, capacitive, and electromagnetic. It relies on a computer, projector, and liquid crystal display (LCD) to run effectively. It is flexible, simple, easy to use, cost-effective, convenient, and has easy mobile connectivity compatibility. It is widely available in various sizes, designs, shapes, and additional features to attract a wide consumer base. It can be used by touching a screen with a special pen or with a hand rather than a mouse, while allowing students to draw, write text, make notations on images, and add math equations. It assists in digitizing tasks and operations and can be employed to project files and manipulate them on a board surface and share messages in real-time. Besides this, it aids in improving productivity, offering an enhanced experience to students, and encouraging engagement while making the learning process enjoyable. As a result, IWB finds applications in classrooms, educational institutes, and corporate offices across the globe.
Interactive Whiteboard Market Trends:
At present, the rising demand for IWBs due to rapid digitization, along with the thriving education industry, represents one of the key factors supporting the growth of the market. Besides this, the growing adoption of portable IWBs, as they are suitable for last-minute presentations, is offering a positive market outlook. Additionally, the rising demand for high-resolution videos, graphics, images, internet connectivity, and virtual and e-learning solutions among the masses around the world is propelling the growth of the market. Apart from this, the increasing adoption of smartphones and smart devices due to high-speed internet facilities across the globe is offering lucrative growth opportunities to industry investors. Moreover, various benefits offered by IWBs, such as user-friendly learning solutions, saving teaching costs, higher flexibility, and a creative learning process, are positively influencing the market. In addition, the rapid integration of artificial intelligence (AI), machine learning (ML), and the internet of things (IoT) in the IWB is contributing to the growth of the market. Furthermore, governing agencies of various countries are encouraging the adoption of IWBs in educational institutions to introduce smart classroom programs for improving learning among students.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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IMARC Group provides an analysis of the key trends in each sub-segment of the global interactive whiteboard (IWB) market report, along with forecasts at the global and regional level from 2024-2032. Our report has categorized the market based on technology, type, projection technique, screen size, and end use sector.
Technology Insights:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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The report has provided a detailed breakup and analysis of the interactive whiteboard market based on the technology. This includes infrared, resistive, capacitive, electromagnetic, and others. According to the report, resistive represented the largest segment.
Type Insights:
A detailed breakup and analysis of the interactive whiteboard market based on the type has also been provided in the report. This includes fixed and portable. According to the report, portable accounted for the largest market share.
Projection Technique Insights:
The report has provided a detailed breakup and analysis of the interactive whiteboard market based on the projection technique. This includes front projection and rear projection.
Screen Size Insights:
The report has provided a detailed breakup and analysis of the interactive whiteboard market based on the screen size. This includes IWBs with a Screen Size Up to 69”, IWBs with a Screen Size Ranging from 70”–90”, and IWBs with a Screen Size Above 90”. According to the report, IWBs with a screen size ranging from 70”–90” represented the largest segment.
End Use Sector Insights:
The report has provided a detailed breakup and analysis of the interactive whiteboard market based on the end use sector. This includes education, corporate, government, and others. According to the report, education represented the largest segment.
Regional Insights:
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The report has also provided a comprehensive analysis of all the major regional markets, which include Europe, North America, Asia Pacific, Middle East and Africa, and Latin America. According to the report, North America was the largest market for interactive whiteboard. Some of the factors driving the North America interactive whiteboard market included the rapid adoption of touch technology based-IWBs in the education and corporate sectors, integration of artificial intelligence (AI) in IWB, rising need for user-friendly learning solutions, etc.
The report has also provided a comprehensive analysis of the competitive landscape in the global interactive whiteboard market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Hitachi, Ltd., Panasonic Corporation, LG Display, Foxconn, NetDragon Websoft, Samsung Electronics, NEC Display, Ricoh, Returnstar Interactive Technology, Boxlight Corporation, Cisco Systems, Alphabet, Microsoft Corporation, Luidia, Inc, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Billion |
Segment Coverage | Technology, Type, Projection Technique, Screen Size, End Use Sector, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Companies Covered | Hitachi, Ltd., Panasonic Corporation, LG Display, Foxconn, NetDragon Websoft, Samsung Electronics, NEC Display, Ricoh, Returnstar Interactive Technology, Boxlight Corporation, Cisco Systems, Alphabet, Microsoft Corporation, and Luidia, Inc |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global interactive whiteboard market was valued at US$ 5.3 Billion in 2023.
We expect the global interactive whiteboard market to exhibit a CAGR of 6% during 2024-2032.
The sudden outbreak of the COVID-19 pandemic has led to the rising adoption of interactive whiteboards as a virtual learning and e-learning solutions across the education sector, during the lockdown scenario.
The growing digitization in the education sector, along with the increasing deployment of IWBs in demonstrating concepts with enhanced visualization for an effective knowledge dissemination, especially to differently abled students, is primarily driving the global interactive whiteboard market.
Based on the technology, the global interactive whiteboard market has been divided into infrared, resistive, capacitive, electromagnetic, and others. Among these, resistive currently exhibits a clear dominance in the market.
Based on the type, the global interactive whiteboard market can be categorized into fixed and portable. Currently, portable accounts for the majority of the total market share.
Based on the screen size, the global interactive whiteboard market has been segregated into IWBs with a screen size up to 69”, IWBs with a screen size ranging from 70”-90”, and IWBs with a screen size above 90”, where IWBs with a screen size ranging from 70”-90” currently holds the largest market share.
Based on the end use sector, the global interactive whiteboard market can be bifurcated into education, corporate, government, and others. Currently, the education sector exhibits a clear dominance in the market.
On a regional level, the market has been classified into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global interactive whiteboard market include Hitachi, Ltd., Panasonic Corporation, LG Display, Foxconn, NetDragon Websoft, Samsung Electronics, NEC Display, Ricoh, Returnstar Interactive Technology, Boxlight Corporation, Cisco Systems, Alphabet, Microsoft Corporation, Luidia, Inc, etc.