Interactive Flat Panels market 2023

NEW YORK, June 2, 2023 /PRNewswire/ -- The Interactive Flat Panels market is segmented by Application (education sector and the corporate sector), type (LCD flat panels, interactive UHD/4K flat panels, and HD flat panels.) and Geography (North America, APAC, Europe, MEA, and South America).

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Regional Market Outlook

The availability of devices like e book readers, tablets and laptops, coupled with Internet connectivity, has resulted in widespread adoption of digital classroom and e-learning. Consequently, more educational institutions are upgrading their hardware infrastructure to accommodate advanced applications and technologies like interactive flat panels.

Additionally, the US represents the largest tech market globally, accounting for 30% of the market. The thriving tech industry and the region's education sector will drive the expansion of the interactive flat panel market in North America.

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Global Market Outlook

The Interactive Flat Panels market size is expected to increase by USD 9,069.01 million from 2022 to 2027, expediting at a CAGR of 10.69% during the forecast period. The interactive panel market is witnessing major trends driven by new technological advancements. The global interactive flat panel market is divided into different regions based on geography, including North America, APAC (Asia-Pacific), Europe, Middle East, Africa (MEA), and South America.

Moreover, the increasing popularity of active learning techniques such as gamification and video tutorials has led to a high demand for learning management systems (LMS) and classroom management systems (CMS). These factors are poised to contribute to the growth of the global market throughout the forecast period.

Latest Drivers and Challenges Impacting the Interactive Flat Panel smarket

Interactive Flat Panels Market Drivers

Growth of e-learning: Content for e-learning can be sourced from various outlets, following the content creation, there is a need for software platforms and content management solutions. In the education industry content management development firms are witnessing vast opportunity in e-learning market, driven by growing demand from schools and universities.

Increasing use of advanced technologies in education sector

Adoption of interactive flat panels in corporate and government sectors

Interactive Flat Panels Market Challenges

High cost of interactive flat panels: The pricing of interactive flat panels is influenced by several factors, including the type of technology, display specifications, and application focus (e.g., corporate or education sector). It is essential to consider the technical specification that allign with the end-users' requirements when designing an interactive flat panel system. These factors collectively contribute to higher cost of interactive flat panel system.

Threat from alternative products

Challenges in implementation

Explore the evolving Vendor Landscape

Some of the Interactive Flat Panels market vendors are:

BenQ Corp. - The company offers a wide range of projectors for business, residential, and education applications. Some of the categories include home projectors, business projectors, interactive classroom projectors, and 4K Home projectors among others.

Hitachi Ltd. - The company offers interactive flat panel products such as HILU65203 and HILS65204.

Koninklijke Philips NV - The company offers interactive flat panel products such as 242B9T and 55BDL6051C.

LG Electronics Inc. - The company offers interactive flat panel products such as 49TA3E-B, TR3DJ Series, and 75TC3D.

NEC Corp. - The company offers interactive flat panel products such as NEC MultiSync ME551 IR, NEC MultiSync ME501 IR, and NEC MultiSync ME431 IR.

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Key benefits of the report:

This study presents the analytical depiction of the Interactive Flat Panels market along with the current trends and future estimations to determine the imminent investment pockets.

The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the flat panels market share.

The current market is quantitatively analyzed to highlight the Interactive Flat Panels market growth scenario.

The report provides a detailed Interactive Flat Panels market analysis depending on competitive intensity and how the competition will take shape in coming years.

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Interactive Flat Panels Market Scope

Report Coverage

Details

Page number

172

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 10.69%

Market growth 2023-2027

USD 9069.01 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

9.04

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

North America at 42%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Baanto International Ltd., BenQ Corp., Boxlight Corp, Crystal Display Systems Ltd., Elo Touch Solutions Inc., Hangzhou Hikvision Digital, Hitachi Ltd., Horizon Display Inc., Koninklijke Philips NV, LG Electronics Inc., NEC Corp., Panasonic Holdings Corp., Planar Systems Inc., Promethean Ltd., Samsung Electronics Co. Ltd., Sharp Corp., SMART Technologies ULC, ViewSonic Corp., Wishtel Private Ltd., and Accuview Inc

Market dynamics

Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition

3.2 Market segment analysis

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

4.1 Global interactive flat panels market 2017 - 2021

4.2 Application Segment Analysis 2017 - 2021

4.3 Display type Segment Analysis 2017 - 2021

4.4 Geography Segment Analysis 2017 - 2021

4.5 Country Segment Analysis 2017 - 2021

5 Five Forces Analysis

5.1 Five forces summary

5.2 Bargaining power of buyers

5.3 Bargaining power of suppliers

5.4 Threat of new entrants

5.5 Threat of substitutes

5.6 Threat of rivalry

5.7 Market condition

6 Market Segmentation by Application

6.1 Market segments

6.2 Comparison by Application

6.3 Education sector - Market size and forecast 2022-2027

6.4 Corporate sector - Market size and forecast 2022-2027

6.5 Market opportunity by Application

7 Market Segmentation by Display Type

7.1 Market segments

7.2 Comparison by Display Type

7.3 Plasma and LCD flat panels - Market size and forecast 2022-2027

7.4 Interactive UHD/4K flat panels - Market size and forecast 2022-2027

7.5 HD flat panels - Market size and forecast 2022-2027

7.6 Market opportunity by Display Type

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation

9.2 Geographic comparison

9.3 North America - Market size and forecast 2022-2027

9.4 APAC - Market size and forecast 2022-2027

9.5 Europe - Market size and forecast 2022-2027

9.6 Middle East and Africa - Market size and forecast 2022-2027

9.7 South America - Market size and forecast 2022-2027

9.8 US - Market size and forecast 2022-2027

9.9 China - Market size and forecast 2022-2027

9.10 Germany - Market size and forecast 2022-2027

9.11 Japan - Market size and forecast 2022-2027

9.12 UK - Market size and forecast 2022-2027

9.13 Market opportunity by geography

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

11.3 Landscape disruption

11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered

12.2 Market positioning of vendors

12.3 Accuview Inc

12.4 BenQ Corp.

12.5 Boxlight Corp

12.6 Elo Touch Solutions Inc.

12.7 Hangzhou Hikvision Digital

12.8 Hitachi Ltd.

12.9 Koninklijke Philips NV

12.10 LG Electronics Inc.

12.11 NEC Corp.

12.12 Panasonic Holdings Corp.

12.13 Planar Systems Inc.

12.14 Promethean Ltd.

12.15 Samsung Electronics Co. Ltd.

12.16 Sharp Corp.

12.17 ViewSonic Corp.

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

13.3 Currency conversion rates for US$

13.4 Research methodology

13.5 List of abbreviations

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