A positive impact of using an interactive whiteboard in institutes is observed, due to which the interactive whiteboard market is expected to witness significant growth over the forecast period.
An interactive whiteboard is a tool (instructional) that allows images of a computer to be displayed on a board. This is done by using a digital projector. Some benefits of an interactive whiteboard are ease of use, ease of learning, and a better way of teaching. Due to the same benefits, the interactive whiteboard market is expected to witness significant growth during the forecast period. Moreover, smart learning suite software, smart board for business, smart podium, smart remote management, and smart speakers are other features of interactive whiteboards.
With the growing adoption of smart learning tech in various institutes, the use of interactive whiteboard is increasing day by day providing sustainable growth to the interactive whiteboard market. Another factor expected to drive the interactive whiteboard market is digitalization and increasing high-tech institutes in society. The interactive whiteboard is expected to be used by almost all the high-tech institutes during the forecast period. The increasing number of coaching classes nowadays finds a rise in the application of the interactive whiteboard market providing substantial growth to the interactive whiteboard market. Also, the interactive whiteboard is expected to be used in international conferences owing to the advanced features of the smart interactive whiteboards. In addition, some IT firms have started providing training to their employers using the interactive whiteboard.
Furthermore, rising government initiatives to equip classrooms with suitable technological tools to facilitate easy learning for students are expected to drive the demand for interactive whiteboards in the coming years. The advancement in technologies in various countries and increasing awareness regarding the high-tech education system are some of the other factors expected to drive the growth of the interactive whiteboard market. Moreover, the government's efforts to increase the literacy rate in some developing countries are also a key driver for the interactive whiteboard market during the forecast period. However, the high cost and requirement for the skilled personnel to operate interactive whiteboards are some expected challenges in the growth of the interactive whiteboard market during the forecast period.