How do we make learning more engaging and interactive while still keeping costs down?
There are a lot of different answers to this question, but one that keeps popping up is; by integrating more interactive devices in classrooms.
Interactive flat panel displays, whiteboard and projectors are appearing more and more in classroom and corporate learning environments as a way to help both teachers and students engage with learning materials.
Interactive displays market 2015
Source: Technavio, 2015
While flat panel displays and whiteboards are the dominant technologies at the moment, new research from Technavio indicates that low cost and high portability will help interactive projectors cement strong growth over the next four years.
All told, the global interactive projector market is expected to grow at a CAGR of 26.58% from 2015 to 2020. These projectors will become a billion dollar industry over the projected period, and reach a total market value of $2.2 billion by 2020.
Comparison of interactive devices
Source: Technavio, 2015
Adoption in the corporate sector and an influx of vendors will help maintain strong market growth through 2020
The interactive projector market currently has low penetration in the corporate sector, but this is expected to change during the forecast period.
The projectors are easy to set up and use, and they often include built-in productivity tools to engage employees, and make the presentation content easy to understand. They also have record and playback options, can render multiple file formats, and can digitally capture handwritten notes that can be retrieved and shared later.
All of these factors make them attractive to the corporate sector, and Technavio expects to see high adoption of interactive projectors in the corporate sector through the forecast period.
Additionally, interactive projectors are a largely untouched market, which means there’s a lot of room for growth. Technavio expects an influx of new vendors to impact market growth over the next four years.
For instance, Texas Instruments, which provides DLP technology to projectors manufacturers, has started manufacturing its own interactive projectors. Smart Technologies and Dell have also shifted focus to interactive technologies, and Dell has started manufacturing interactive projectors.
These vendors will likely target sectors with the least penetration (such as corporate and education), and invest in new technologies in the coming years.
While more vendors will intensify competition, it will also drive down prices introduction of innovative products, which is ultimately good news for consumers.
