South Africa Interactive Whiteboard Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type, Technology, and End-User

In terms of technology, electromagnetic segment dominated South Africa interactive whiteboard market during 2020-2027

According to our new market research study on “Interactive Whiteboard Market to 2027 - South Africa Analysis and Forecast by type, technology, and end-user,” the market is expected to reach US$ 96.0 million by 2027 from US$ 84.7 million in 2019; it is estimated to grow at a CAGR of 2.4% from 2020 to 2027. The growing demand for interactive whiteboard systems and services acts as major opportunity for both newer and legacy market players. Thus, despite the presence of several pioneering tech giants such as Microsoft and Google, the interactive whiteboard market has witnessed the growing presence of a range of niche players such as Miro and Crayon. These new companies provide their offerings enabled with advanced technologies for the existing suite of applications, at competitive pricing. The leading vendors operating in this market are emphasizing on providing innovative software and collaborative tools for the end users seeking to upgrade their existing interactive whiteboards IWB systems.

South Africa has been a lucrative business opportunity for several multi-national companies (MNCs) across industries for years. This has showcased establishment of MNCs over the years in the country. The growth of corporate infrastructure in the country has been showcasing substantial demand for technologically advanced systems and products among the MNCs in the country, which facilitates them to boost respective productivity. The demand for interactive whiteboards among the corporates in the country is high and is anticipated to remain high throughout the forecast period, which is attributed to the rise in investments towards office modernization programs. This is expected to catalyze the interactive whiteboard market in the country over the years.

Panasonic Corporation, Sharp Electronics Corporation, Hitachi Ltd., Ricoh, and Seiko Epson Corporation, are among the leading companies in the South African interactive whiteboard market. The companies are focused on adopting inorganic growth strategies such as partnerships, mergers and acquisitions, to sustain their position in the dynamic market. For Instance, in 2020, Hitachi, Ltd. declared a partner program called Lumada Alliance Program, which bought partners across information technology, operational technology, vertical industries, academia, and government to collaborate together on digital solutions that offers economic rise as well as social, environmental, and quality of life innovation.

The report segments the South Africa interactive whiteboard market as follows:

By Type

• Fixed
• Portable

By Technology

• Resistive Membrane
• Electromagnetic
• Infrared
• Ultrasonic
• Laser Scanner
• Others

By End User

• Education
• Corporate
• Government

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