Interactive Whiteboard Market Size, Share & Trends Analysis Report By Technology, By Form Factor, By Projection Technique, By Screen Size, By Application, By Region, And Segment Forecasts, 2024 - 2030

Interactive Whiteboard Market Size & Trends

The global interactive whiteboard market size was estimated at USD 4.57 billion in 2023 and is anticipated to grow at a CAGR of 7.2% from 2024 to 2030. The market growth can be attributed to the emergence of virtual classrooms, the rapid evolution of digitalization, and the growing recognition of interactive whiteboards with Artificial Intelligence (AI), which provide an adaptive, engaging, and user-friendly learning experience. The outbreak of COVID-19 led to social and economic disruptions and created challenges in outsourcing functions.

The advancements in technologies help teachers’ work by providing high-resolution videos, graphics, images, and connectivity to the internet, which enhance their working patterns effectively and efficiently. These developments would further drive the growth of the market during the forecast period.

The substantial investments in Information and Learning Technology (ILT) infrastructure in institutes, the development of mobile learning applications and digital content, and national training initiatives have transformed teaching methods and traditional learning. For instance, in March 2022, Vedantu, an online tutoring platform, launched an interactive learning platform, Whiteboard Audio Video Environment (W.A.V.E 2.0), to make quality education accessible to all students. With the help of artificial intelligence and Machine Learning (ML), the platform can drive student engagement, learning outcomes, and teaching outcomes. Further, disruptive technology provides precise insights through whiteboard usage, facial recognition, verbal interaction, and sentiment analysis. These developments would further drive the growth of the market in the coming years.

Various government initiatives aimed at transforming traditional chalk blackboard classrooms to digital ones, coupled with the increasing significance of virtual learning and e-learning environments, are expected to be some of the major trends associated with the IWB market. The central and state Governments of India offer digital operation boards in various government schools nationwide to enhance the quality of education and empower students with exciting learning and 360-degree information experiences. Moreover, in December 2021, the German government launched the Digital Education Initiative to strengthen digital education in the country. The national education platform would facilitate access to digital education for the basic understanding of digital opportunities. These factors would further drive the market during the forecast period.

The education industry is witnessing aggressive investments from governments and educational institutions worldwide. Several educational institutions have already adopted Enterprise Resource Planning (ERP), eLearning, Learning Management Systems (LMS), and smart education, among other latest solutions, to help optimize internal processes while ensuring quality education. They are accordingly implementing various programs to improve the standard of education. Educational institutions are also adopting student information solutions to effectively collaborate and communicate with students, parents, and faculties, among other stakeholders, to track all the students, allow educators to generate educational content aligned with the student's learning needs, and improve the overall learning experience. These factors would further drive the market.

The increase in the adoption of smartphones and better internet access support the growth of the market as they help unify every aspect of the student life cycle under a single platform, which can be easily configured. The student information systems have artificial intelligence capabilities, which help deliver unique and customized solutions. For instance, in February 2022, Visalia Unified School District (VUSD) and PowerSchool, one of the leading cloud-platform providers for K-12 education, collaborated to empower decisions and assessments. The collaboration helped Visalia enhance its ability to create personalized assessments and review student performances.

Market Concentration & Characteristics

The technology environment in the interactive whiteboard market is evolving, and educational institutions increasingly prefer EDLA-certified interactive whiteboards. To cater to the increasing demand, many companies are introducing EDLA-certified whiteboards. For instance, in August 2023, BenQ launched EDLA-Certified Smart Boards for Education with Google Mobile Services (GMS). These smart boards, including the BenQ Board Master RM04 and the BenQ Board Pro RP04, were designed to create healthy, dynamic, effective, and safe education environments by seamlessly integrating the GMS ecosystem. BenQ offers complete coverage of health-centric ClassroomCare attributes that promote healthy learning, making them valuable to educational settings.

With the increasing adoption of remote work environments among organizations, there is a growing demand for interactive whiteboards that suit remote work environments and facilitate collaboration among teams working from offices and employees working from home. The companies are launching products to cater to the demand. For instance, in March 2024, Cisco Systems, Inc. launched the Cisco Board Pro G2, an all-in-one collaboration board offering advanced remote collaboration and productivity features. The board was designed to provide a seamless, secure collaboration experience for remote participants, with built-in intelligence and open integrations to enable users to work the way that works best for them.

Moreover, regulatory trends in the market are increasingly focused on data privacy and security considerations. The proliferation of digital learning tools and the collection of student data has prompted regulatory bodies to lay down stricter guidelines to protect the privacy and confidentiality of educational information. Compliance with data protection regulations, such as the General Data Protection Regulation (GDPR) in the European Union and the Family Educational Rights and Privacy Act (FERPA) in the U.S., is essential for manufacturers and providers of interactive whiteboard solutions.

In the interactive whiteboard market, the threat of substitutes can be termed moderate, as holographic displays and interactive flat panels act as substitute products for interactive whiteboards. IFPs are increasingly gaining market share as alternatives to IWBs in classroom teaching, offering several additional features compared to traditional IWBs. Compared to conventional IWBS, next-generation IWBs offer multi-touch, built-in Android operating systems with varying sizes, better image quality, and optimal functionality over the long run.

Furthermore, interactive whiteboards enhance teaching and learning in educational institutions. Educators can integrate interactive whiteboards into their instructional practices, creating dynamic and engaging learning environments. Interactive whiteboards empower teachers to deliver multimedia-rich lessons, incorporate interactive activities, and personalize learning experiences to cater to diverse student needs.

Technology Insights

The resistive membrane segment accounted for the largest revenue share of over 43% in 2023. The versatility of resistive membrane technology contributes to its growth. Resistive membranes are highly responsive to touch input, allowing users to interact with the board using fingers, styluses, or other objects. This versatility makes them suitable for various applications, including education, business presentations, interactive kiosks, and retail displays.

The capacitive segment is anticipated to expand at a CAGR of 9.1% from 2024 to 2030. Capacitive technology offers a highly responsive and precise touch experience, making it ideal for applications where the accuracy and fluidity of touch input are crucial. Capacitive touchscreens detect touch input by measuring changes in capacitance, resulting in faster response times and smoother interactions than other touch technologies. This responsiveness enhances user satisfaction and usability, driving demand for capacitive technology in interactive whiteboards used in education, business, and other settings.

Form Factor Insights

The portable segment accounted for the largest revenue share of over 52% in 2023. The growing demand for flexible and mobile learning and presentation solutions positively influences the demand for portable interactive whiteboards. Portable interactive whiteboards offer educators, trainers, and presenters the flexibility to conduct interactive sessions in various locations, such as classrooms, meeting rooms, conference centers, and outdoor settings. This mobility allows for greater adaptability to different learning and working environments, enabling seamless collaboration and interaction wherever needed.

The fixed segment is anticipated to grow at a CAGR of 5.8% from 2024 to 2030. The increasing adoption of digital transformation initiatives in various industries fuels the demand for fixed interactive whiteboards. These boards enable organizations to digitize traditional workflows, streamline processes, and leverage digital content for enhanced productivity and efficiency. Fixed interactive whiteboards are crucial in virtual meetings, delivering multimedia presentations, collaborating on digital documents, and driving organizational innovation and agility.

Projection Technique Insights

The front projection segment accounted for the largest market share of over 62% in 2023. Front projection whiteboards offer flexibility in terms of screen size and installation options. These whiteboards can be scaled to accommodate larger screen sizes. They are suitable for classrooms, auditoriums, and conference rooms where visibility is essential for all participants, thus driving its growth in the market.

The rear projection segment is anticipated to expand at a CAGR of 9.2% from 2024 to 2030. The immersive and engaging user experience offered by the rear projection interactive whiteboards drives its growth in the market. By projecting images onto the whiteboard surface from behind, these interactive displays provide bright, high-resolution visuals free from shadowing and glare, ensuring clear visibility from any angle in the room.

Screen Size Insights

The 71-inch to 90-inch segment accounted for a significant revenue share in 2023. The segment’s growth is driven by the increasing demand from educational institutes and schools. The classroom usually consists of mainly 30 students, and an interactive whiteboard of 71 inch to 90 inch is suitable for it as it is visible to the entire class.

The greater than 90-inch segment is anticipated to expand significantly from 2024 to 2030. The growing demand for engaging and immersive presentation and collaboration tools in corporate boardrooms and large venues drives the segment's growth. A large interactive whiteboard provides a more impactful visual experience, allowing presenters to captivate the audience's attention. 

Applications Insights

The education segment accounted for the largest market share of over 68% in 2023. The ability of interactive whiteboards to deliver dynamic and engaging lessons is driving its growth in the education sector. Educators can use interactive whiteboards to deliver multimedia-rich content, including videos, animations, and interactive simulations, to illustrate complex concepts more visually compellingly. This approach captivates students' attention, promotes active participation, and enhances comprehension and retention of the material.

The corporate sector segment is anticipated to grow at a CAGR of 7.1% from 2024 to 2030. The interactive whiteboards are used in meetings and presentations to facilitate dynamic and engaging discussions involving interactive features such as touchscreen capabilities, digital tools, and multimedia integration. Employees can explain slides, highlight key points, and collaborate on ideas in real time, fostering greater engagement and participation among meeting attendees.

Regional Insights

North America interactive whiteboard market held a significant share of over 28% of the interactive whiteboard market in 2023. The growing adoption of the latest technologies in education is driving the growth of the interactive whiteboard market in the region. In addition, the growing trend toward interactive and collaborative learning environments is fueling the adoption of interactive whiteboards as they can facilitate group activities and interactive presentations.

U.S. Interactive Whiteboard Market Trends

The interactive whiteboard market in the U.S. is growing significantly at a CAGR of 6.2% from 2024 to 2030. The growth of the U.S. interactive whiteboard market can be attributed to the potent role interactive whiteboards can play in Learning Management Systems (LMS), which are increasingly being deployed across both academic and corporate environments in the U.S. The seamless integration of interactive whiteboards with LMS allows educators to access and deliver content directly from their preferred LMS, streamlining lesson planning, content delivery, and assessment processes.

Europe Interactive Whiteboard Trends

The Europe interactive whiteboard market is growing significantly at a CAGR of 6.1% from 2024 to 2030. Many European countries prioritize investments in educational technology as part of the broader initiatives to modernize education systems and enhance digital literacy. Government funding programs and incentives aimed at promoting technology integration in classrooms encourage educational institutions to upgrade their infrastructure and invest in innovative teaching tools, opening opportunities for the widespread adoption of interactive whiteboards.

The interactive whiteboard market in the UK is growing significantly at a CAGR of 5.9% from 2024 to 2030. The ongoing digital transformation of the country's education sector is driving the market's growth. With the increasing integration of technology into classrooms, interactive whiteboards have become indispensable tools for educators seeking to enhance student engagement and learning outcomes.

Germany interactive whiteboard market is growing significantly at a CAGR of 7.3% from 2024 to 2030. The growing digitalization efforts in schools across the country are driving the market's growth. As Germany continues emphasizing technology integration in education, schools increasingly adopt interactive whiteboards as essential teaching tools.  

The interactive whiteboard market in France is growing significantly at a CAGR of 6.8% from 2024 to 2030. As classrooms and workplaces in the country increasingly adopt digital solutions, interactive whiteboards have become essential tools for presentations, collaboration, and education. Interactive platform content, encompassing a wide range of interactive educational materials, presentations, and applications, can add value to these whiteboards by enhancing engagement and interactivity.

Asia Pacific Interactive Whiteboard Trends

The Asia Pacific interactive whiteboard market is growing significantly at a CAGR of 9.4% from 2024 to 2030. The Asia Pacific region has witnessed a significant surge in the adoption of student information systems and e-learning solutions over the past decade, a trend driven by various factors, including technological advances, increasing internet penetration rate, and the growing emphasis on digital literacy and remote learning. As a result, educational institutions across the region, including lower-tier universities, middle schools, and high schools, have been increasingly integrating the latest technologies into their teaching methodologies to enhance the learning experience.

The interactive whiteboard market in China is growing significantly at a CAGR of 8.5% from 2024 to 2030. The interactive whiteboard market in China has been witnessing significant growth as the country continues to emerge as one of the leading producers and exporters of interactive whiteboards globally. The Chinese interactive whiteboard industry is characterized by a diverse range of suppliers, including established manufacturers and innovative startups, offering various products catering to different needs in education and business settings.

Japan interactive whiteboard market is growing significantly at a CAGR of 10.3% from 2024 to 2030. Integrating interactive whiteboards with AR and VR technologies creates opportunities for education and corporate training. Japanese companies are developing and implementing immersive learning experiences, driving demand for interactive whiteboards that support these technologies.

The interactive whiteboard market in India is growing significantly at a CAGR of 11.1% from 2024 to 2030. This growth is driven largely by the increasing adoption of online education platforms. As Indian academia undergoes digital transformation, interactive whiteboards are emerging as crucial tools for enhancing the learning experience.

Middle East & Africa Interactive Whiteboard Market Trends

The Middle East & Africa interactive whiteboard market is growing significantly at a CAGR of 7.8% from 2024 to 2030. Increasing emphasis on technology integration in education across the region fuels the market's growth. Governments and educational institutions in the MEA recognize the importance of digital tools in modernizing their education systems and preparing students for future challenges. Moreover, the aggressive investments in education infrastructure also bode well for the growth of the interactive whiteboard market in the MEA region.  

Key Interactive Whiteboard Company Insights

Some key companies operating in the market include Google LLC, BenQ, and Boxlight, among others, which are the leading participants in the market.

• Google LLC provides internet-related services and products. The company’s offerings include search engine technology, cloud computing, hardware, software, apps, machine learning, virtual reality/augmented reality, and artificial intelligence. The company offers the Jamboard collaborative digital whiteboard that can help visualize ideas in a new, interactive way. Jamboard is designed to enhance student collaboration and engagement, whether in a group seminar setting, a conventional classroom, or through distance learning.

• BenQ designs, manufactures, and markets computing and communications devices, technology products, and consumer electronics. The company's product portfolio includes digital projectors, professional monitors, imaging solutions, interactive large-format displays, mobile computing devices, and LED lighting solutions.

Ricoh and Boxlight are emerging market participants in the market.

• Boxlight provides interactive classroom technology products and solutions for the K-12 education market. The company's product offerings include interactive instructional software, document cameras, and teacher pads for remote control, assessment systems supported by various software to facilitate interactive learning experiences, and a range of peripherals and accessories for interactive and standard projectors and LED flat panels.

• Ricoh is a manufacturer of office equipment, including printers, copiers, and fax machines. The company also offers digital cameras, projectors, and other electronic devices. Its office solutions segment develops multifunction printers, copiers, fax machines, and related software. Ricoh offers a range of high-quality interactive whiteboards designed to encourage innovative collaboration anytime, anywhere, and with anyone.

Recent Developments

• In January 2024, Boxlight launched the MimioPro G Interactive Flat Panel, an all-inclusive classroom solution. The new Google EDLA-certified interactive flat panel display was designed to provide advanced security features, including password protection, two-step authentication, and data encryption. Features of the display included a high-precision infrared touch frame with palm rejection, state-of-the-art micro-bacterial glass, and a dynamic stylus for an authentic writing experience.

• In September 2023, BenQ partnered with Marshmallow Games to enhance the educational experience for nursery and primary school students and teachers across the U.K. by leveraging technology to create a more immersive and engaging learning environment. The partnership envisaged integrating Marshmallow Games' award-winning educational apps with BenQ's innovative visual displays and interactive panels to bring about a new level of engagement and interactivity in schools worldwide.      

• In October 2023, SAMSUNG partnered with STS EDUCATION to inspire collaborative classroom learning through Samsung's interactive whiteboards and displays. The partnership envisaged leveraging SAMSUNG's expertise in technology and STS EDUCATION's experience in education to create innovative solutions that enhance student engagement and collaboration.

• In October 2022, Microsoft launched a new Post-it App for Teams in partnership with 3M to improve collaboration in hybrid work environments. The app was designed to allow users to generate and manage ideas using a digital whiteboard tool, bridging the gap between the physical and digital worlds.

Interactive Whiteboard Market Report Scope

Global Interactive Whiteboard Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global interactive whiteboard market report based on technology, form factor, projection technique, screen size, application, and region.

• Technology Outlook (Revenue, USD Million, 2018 - 2030)

  • Infrared

  • Resistive touch

  • Electromagnetic pen

  • Capacitive

  • Others

• Form Factor Outlook (Revenue, USD Million, 2018 - 2030)

  • Fixed

  • Portable

• Projection Technique Outlook (Revenue, USD Million, 2018 - 2030)

  • Front Projection

  • Rear Projection

• Projection Technique Outlook (Revenue, USD Million, 2018 - 2030)

  • Less than 50 Inch

  • 50 Inch to 70 Inch

  • 71 Inch to 90 Inch

  • Greater than 90 Inch

• Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Education Sector

  • Corporate Sector

  • Commercial Sector

  • Others  

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

    • Australia

    • Indonesia

  • Latin America

    • Brazil

    • Argentina

  • Middle East & Africa

    • U.A.E

    • Saudi Arabia

    • South Africa