Interactive Whiteboard (IWB) Market Size, Share, Demand and Growth Drivers by 2023

The increasing adoption of virtual learning courses and e-learning are boosting the growth of the global interactive whiteboard (IWB) market. The demand for interactive whiteboards is increasing as various universities and schools are focusing upon imparting better learning experience to the students. Another important driver influencing the growth of the global IWB market is its cost saving functionality.

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North America dominated the global interactive whiteboard market. The Asia-Pacific interactive whiteboard market is expected to grow exponentially during the forecast period. E-learning initiatives in developing countries such as India, has led to a surge in the demand for these boards.

 

An interactive whiteboard is a huge interactive display, which connects to a computer. IWBs were originally developed for use in business to record meetings and for demonstration of concepts. An interactive whiteboard allows display of computer images onto a board with the help of a digital projector.

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The lack of awareness and high cost of interactive white board are the major restraints for the growth of the market. Many educators prefer to invest into other technologies, such as tablet devices or laptops. The lack of knowledge about the use of these interactive technologies is another hindrance in the growth of the global IWB market.

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