Growing digital content will help stylus pen for interactive whiteboard market to reach over $730 million by 2019, says Technavio

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This market research report outlines the market forecast and year-on-year growth of the global stylus pen for interactive whiteboard market. The research report details the market segmentation by application until 2019. This research report presents an in-depth analysis of trends impacting the market shares for APAC, Americas, and EMEA. The leading vendors analyzed by this report include Hitachi, Promethean, Seiko Epson, SMART Technologies, and Penveu.

Technavio has released its new market research report on the global stylus pen for interactive whiteboard market, which is expected to grow at a CAGR of around 11% between 2015 and 2019. Educational institutions worldwide are incorporating international learning models and standards to improve the quality of education. This has enabled the active adoption of blended learning and it is fostering the demand for stylus pens for interactive whiteboards across the globe. APAC is expected to be the fastest-growing region in the global market for stylus pen for interactive whiteboard, owing to rapid growth of e-learning and subsequent adoption of digital technologies like interactive whiteboards.

“Innovations has improved the functioning, display, and compatibility features of interactive white boards, thereby influencing the overall efficiency of the product by leaps and bounds. Modernizations is observed in terms of enhancement of network capabilities and conference control to improve compatibility and integration of interactive whiteboards with other devices in classrooms,” says Jhansi Mary, Lead Analyst, Education, Technavio Research.

Deployment of digital learning environment is a key trend in this market. The acceptance of online and blended learning methods has stimulated an emphasis on advanced technologies to aid digital content development for education. The introduction of learning management systems (LMS) has increased the dependency on hardware products such as IWBs and supporting stylus pens that offer conducive platforms to run these software and applications.

The key vendors in the global stylus pen for interactive whiteboard market include Hitachi, Promethean, Seiko Epson, SMART Technologies, and Penveu. This market is marked by the presence of several international, regional, and local vendors. The largest number of providers are in the Americas and Europe. Latin America is an emerging market that exhibits huge growth potential for interactive white board stylus pens in the region. Various countries in the region, such as Argentina, Colombia, Mexico, and Uruguay have witnessed heavy government investments in education tech resources, and it is expected to immensely benefit international vendors to expand their presence in the region.

A more detailed analysis is available in the Technavio report, Global Stylus Pen for Interactive Whiteboard Market 2015-2019.

We can customize this reports by other regions and specific segments upon request.

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