Global interactive flat panel display market set to grow at a CAGR of 84% by 2020, says Technavio

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This market research report includes a detailed segmentation of the global interactive flat-panel market by end-users (education and corporate). It outlines the market shares for key regions such as the Americas, APAC, and EMEA. The key vendors analyzed in this report are BenQ, Promethean World, SMART Technologies, and Vestel.

Technavio has released its new market research report, global interactive flat panel display market, which is expected to generate revenues of $29 billion between 2016 and 2020. End-users are replacing their interactive whiteboards and projectors with interactive flat panel due to benefits such as the low cost of ownership, high-resolution display, and easy installation. APAC is the largest market for interactive flat panel displays, growing at a CAGR of 88%. China is the market leader in the interactive flat panel market, and several other emerging economies such as India, Indonesia, and Malaysia are expected to contribute significantly to the market during the forecast period.

“The interactive flat panels are gaining prominence due to their benefits and declining ASPs. The replacement market for interactive whiteboards is also gaining pace, which is another major driving factor for interactive flat panels. Technavio expects the interactive flat panel market to grow at a high rate and take over the interactive whiteboards and projectors markets,” says Soumya Mutsuddi, Lead Analyst, Media & Entertainment, Technavio Research.

The advent of 3D display technology is one of the latest trends gaining prominence in the interactive flat-panel display market. 3D-based interactive display will help teachers to deliver courses in a better way by making sessions more interesting and encouraging students to explore the subject. Also, with the growth in e-learning and virtual learning methods, there is huge growth potential for interactive display market.

The key players in the global interactive flat panel display market include BenQ, Promethean World, SMART Technologies, and Vestel. This market has very few prominent vendors with a global presence. However, Technavio expects new vendors to enter the market during the forecast period due to massive market potential. This is expected to increase competition and reduce prices, benefitting end-users.

A more detailed analysis is available in the Technavio report, Global Interactive Flat Panel Display Market 2016-2020.

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

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