It doesn’t look like interactive whiteboards are going anywhere, and that just makes me happy. Especially because this $1.85 billion that’s projected is at least partially driven by the rising demand for technology in the classroom. Interactive whiteboards have proven themselves to be amazingly beneficial for both educators and students, so let’s expand their use! Of course, I believe that eBeam provides the best (and most affordable) interactive whiteboard solution, so check out this article, and then please check out our website at http://www.ebeamrocks.com/ for more eBeam information and great prices!
Global Interactive Whiteboard Market to Reach US$1.85 Billion by 2018, According to New Report by Global Industry Analysts, Inc.
GIA announces the release of a comprehensive global report on Interactive Whiteboard (IWB) markets. The global market for Interactive Whiteboard (IWB) is projected to reach US$1.85 billion by the year 2018, primarily driven by rising demand for technology-based education, Government education initiatives, and technological advancements in the sector. Further, increased adoption of Interactive Whiteboards in emerging economies including China and India is expected to fuel market growth.
San Jose, California (PRWEB) July 25, 2012
The interactive whiteboards (IWBs) market is poised to remain resilient, despite continued budgetary constraints across the world pressured by macroeconomic factors. Today, IWBs are being regarded as a pivotal tool of investment in the new generation education. IWBs continue to be a high-spending priority area for Governments and school districts on account of proven impact of the product on students as well as educators, in terms of efficiency and effectiveness in imparting advanced education. Generally, education sector attracts investment to the tune of about 4%-7% of GDP that predominantly remains resilient and insulated from Governmental spending cuts.
Education is steadily evolving from conventional chalk and board approach to a highly dynamic interactive learning model through integration of technology into classroom teaching and other classroom activities. The new generation student is increasingly considering classroom as an extension of technology that they use at their homes such as personal computers, emails, and Internet. Students are seeking various new approaches for education such as interactive whiteboards, Internet-driven teaching modules, panel displays and monitors, voting systems, handheld devices including tablets, and laptops and desktop computers for learning purposes. The dynamic interactive learning model is increasingly being introduced for younger children besides adult students for teaching purposes. As these children grow and move through the education system, the demand for interactive technology is expected to significantly increase in higher education institutions.
Interactive Whiteboard technology extends a highly potential means for teachers to connect and communicate with students, by bringing the outer world to the classrooms and enriching the teaching process into an exciting learning experience. In recent years, classrooms at various levels of educational institutions are beginning to adopt interactive whiteboards at a significant pace, drawing the attention of Governments globally. The scenario accelerates the adoption of the IWB technology through Government funding for enhancing the country’s education system. In countries such as the US, South Africa, Australia, and the UK, a significant amount of state funding has been given to education sector for procuring IWBs, especially in the K-12 school system.
Despite a relatively low usage rate, the corporate sector represents a potentially lucrative market segment for IWB manufacturers. IWB vendors are expected to focus on the development and delivery of whiteboard solutions in sync with the business models of individual organizations. Moreover, IWB products must feature simple operational procedures, for use by non-technical employees. With companies increasingly viewing IWB systems as an economical mode of fostering interaction and collaboration between colleagues, suppliers and customers, demand for IWBs from the corporate sector is set to rise.
As stated by the new market research report on Interactive Whiteboard, the US represents the largest individual market for IWBs in volume sales. Middle East & Africa represents the fastest growing market for IWBs. Education represents the largest as well as fastest growing end-use sector for IWBs in the world.
Worldwide interactive whiteboards market is highly concentrated with the top two players accounting for a lion’s share of worldwide sales. Smart Technologies Inc., a Canadian pioneer in interactive whiteboards, and Promethean World Plc, the UK-based second major interactive whiteboards producer, maintain their unreachable supremacy in the market.
IWB and IWB systems manufacturers profiled in the report include Egan TeamBoard Inc., eInstruction Corporation, Fuzhou Returnstar Technology Co. Ltd., Hitachi Solutions America Ltd., Luidia Inc., Panasonic Corporation, PolyVision Corporation, Promethean World Plc, QOMO HiteVision LLC, Samsung Electronics, Sharp Corp., Smart Technologies Inc., and TouchIT Technologies Inc. In addition, the report includes profiles of component providers such as Epson Singapore Pte. Ltd., InFocus® Corporation, and ViewSonic Corporation; and software and resource providers such as DYMO/Mimio, Hatch Inc., Lerner Publishing Group, and RM Educational Software, Inc.
The research report titled “Interactive Whiteboard (IWB): A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of trends, issues, strategic industry activities, and profiles of major companies worldwide. The report provides market estimates and projections (in Thousand Units and US$ Million) for regional markets including the US, Canada, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific, Middle East & Africa, and Latin America. In addition, the report provides market estimates and projections (in Thousand Units and US$ Million) for Education and Others end-use sectors for the global market.
For more details about this comprehensive market research report, please visit –
This article was found at http://www.prweb.com/releases/interactive_whiteboard/IWB_electronic_whiteboard/prweb9733058.htm.