According to the latest market research study released by Technavio, the global classroom displays market is expected to grow at a CAGR of more than 30% during the forecast period 2016-2020.
This market research report by Technavio provides an in-depth analysis of the market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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Technavio research analysts categorize the global classroom displays market based on product type:
Global classroom displays market share by product type 2015
|
Education Projectors |
34.07% |
|
Interactive Tables |
32.00% |
|
IWBs |
12.80% |
|
Interactive Flat Panels |
11.81% |
|
Wireless Slates |
3.95% |
|
Others |
5.37% |
Source: Technavio
The top three revenue contributing product segments are discussed below:
Global classroom display market by education projectors
The global classroom display market by education projectors was valued at almost $4 billion in 2015 and is expected to grow at a CAGR of about 10% by 2020. The rising global standards of education and higher adoption of new learning delivery models in schools and universities will aid in the growth of the education projectors segment. The teachers are extensively using classroom projectors in various higher educational institutions. Learning through video-based lectures is gaining popularity as it benefits students by helping them understand the concept better.
“The vendors are exploring new investment avenues in emerging markets like APAC to deploy projectors in the market. The educational institutes in these regions are adopting classroom projectors due to raising awareness about benefits among consumers. Vendors are using resolution and brightness of 2500-4000 lumens in the production of LCD projectors to attract more consumers,” says Jhansi Mary J, a lead analyst at Technavio for research on education technology.
Global classroom display market by interactive tables
The global classroom display market by interactive tables segment was valued at around $4 billion in 2015 and is expected to grow at a CAGR of almost 8% by 2020. These are multi-touch tables that are extensively used for collaborative learning methodology. Interactive tables support individual activity while allowing all participants in the activity to individually and distinctively exchange resources. These tables allow teachers to adopt learning by doing methodology that encourages students to explore problems on their own and create new artifacts during an activity. These devices enable multiple students to interact with a multi-touch system and helps educational organizations to lower cost on infrastructure. The use of interactive tables promotes the development of social skills and collaboration which leads to the growth of this market segment.
Global classroom display market by IWBs
The global classroom display market by IWBs was valued at more than $1 billion and will grow at a CAGR of around 7% by 2020. The rising integration of media with education to enhance and support collaborative learning and the use of flipcharts and interactive data in educational institutions will be the primary market driver of this segment. These devices are extensively used to facilitate content delivery through e-learning and virtual learning, and it acts as a repository for sharing of resources to facilitate virtual learning. These methods are fostering interactivity among students and teachers and increases the accessibility of course materials. The vendors are focusing on innovative teaching delivery methods and interactive learning systems to increase their market share and attract more customers.
The top leading vendors operating in the global classroom displays market are:
- BenQ
- Promethean
- Seiko Epson
- Smart Technologies
Other prominent vendors in this market are Acer, Hitachi, LG Electronics, and Sony.
A more detailed analysis is available in the Technavio report titled, ‘Global Classroom Displays Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Ultra Short Throw Projector Lens Market 2016-2020
- Global Education Hardware Market 2016-2020
- Global Electronic Dictionary Market 2016-2020
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