Interactive Whiteboard (IWB) Market Report and Forecast 2024-2032

Market Outlook

According to this report, the global interactive whiteboard (IWB) market size reached a value of USD 5.37 billion in 2023. Aided by the increasing demand for innovative teaching and training solutions and the growing applications of interactive whiteboards in various sectors, the market is projected to further grow at a CAGR of 5.9% between 2024 and 2032 to reach a value of USD 9.01 billion by 2032.

Interactive whiteboards are large interactive displays that connect to a computer and projector, allowing users to control the computer through touch or stylus input. These boards are extensively used in educational institutions, corporate settings, and training environments to enhance engagement, collaboration, and learning outcomes. Interactive whiteboards integrate various functionalities such as digital writing, multimedia integration, and internet connectivity, making them versatile tools for modern teaching and presentations.

The increasing demand for innovative teaching and training solutions is driving the interactive whiteboard market growth. With the growing emphasis on interactive and student-centred learning, there has been a significant shift towards the adoption of Interactive whiteboards in educational institutions. Additionally, the rising trend of remote and hybrid learning has further contributed to the increasing popularity of Interactive whiteboards, as they facilitate interactive and collaborative learning experiences regardless of physical location.

The expanding applications of interactive whiteboards in various sectors also play a significant role in propelling the market. In the corporate sector, Interactive whiteboards are used for presentations, meetings, and collaborative work, enhancing productivity and communication. The government and military sectors utilise interactive whiteboards for training and strategic planning sessions. Moreover, the healthcare sector benefits from interactive whiteboards in medical training, patient education, and collaborative research.

Further, the growing focus on digital transformation and smart technologies has led to an increased demand for advanced solutions. With the rise of technologically advanced learning environments and the need to integrate digital tools in education and training, interactive whiteboards manufacturers are increasingly focusing on developing innovative and feature-rich products. This trend is expected to boost the market expansion in the coming years, consequently driving up the interactive whiteboard market share.

The growth of e-learning platforms and virtual classrooms, accelerated by the COVID-19 pandemic, has driven the demand for interactive whiteboards. They are crucial in facilitating remote teaching and learning by replicating an interactive classroom environment online.

Increasing investments in education and technology infrastructure in emerging economies are providing new opportunities for the adoption of interactive whiteboards. Schools and businesses in these regions are embracing digital transformation, contributing to the interactive whiteboard market expansion.

Further, manufacturers are focusing on offering customizable and flexible solutions that cater to various educational and business needs. Features such as multi-touch support, easy content sharing, and compatibility with multiple operating systems and devices are enhancing user satisfaction and adoption rates. These factors collectively drive the expansion of the interactive whiteboard market globally, making them an integral part of modern educational and professional environments.

Market Segmentation

The market can be divided based on offering, form factor, projection technique, screen size, technology, end use, and region.

Market Breakup by Offering

• Hardware
• Software

Market Breakup by Form Factor

• Fixed
• Portable

Market Breakup by Projection Technique

• Front Projection
• Rear Projection

Market Breakup by Screen Size

• Less than 50 Inches
• 50 to 90 Inches
• Above 90 Inches

Market Breakup by Technology

• Infrared
• Resistive
• Capacitive
• Electromagnetic
• Others

Market Breakup by End Use

• Education
• Corporate
• Government
• Others

Market Breakup by Region

• North America
• Europe
• Middle East and Africa
• Asia Pacific
• Latin America

Competitive landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in global interactive whiteboard (IWB) market. some of the major players explored in the report are as follows:

• Samsung Electronics Co Ltd
• Hitachi, Ltd.
• Microsoft Corporation
• Panasonic Corporation
• Seiko Epson Corporation
• LG Corporation
• Cisco Systems, Inc.
• BenQ Corporation
• Google LLC
• Boxlight, Inc.
• Others