Market outlook of stylus pens for interactive whiteboard
Technology has led to a positive influence on the education vertical with a significant increase in the usage of IT based products. The need to develop digitally equipped classrooms has resulted in schools investing more to improve connectivity and virtual learning. As a result, there is an improvement in student and classroom hardware ratio. Technavios market research analysts predict the global stylus pen for interactive whiteboard market to reach a market size of over USD 730 million in 2019.
Educational institutions worldwide are incorporating international learning models and standards to improve the quality of education. This has enabled the active adoption of blended learning and it is fostering the demand for stylus pens for interactive whiteboards across the globe.
Key market drivers, trends and challenges for the market
The global stylus pen for interactive whiteboard market is characterized by various innovative advances in technology. Innovations has improved the functioning, display, and compatibility features of interactive white boards, thereby influencing the overall efficiency of the product by leaps and bounds. Modernizations is observed in terms of enhancement of network capabilities and conference control to improve compatibility and integration of interactive whiteboards with other devices in classrooms.
Deployment of digital learning environment is a key trend in this market. The acceptance of online and blended learning methods has stimulated an emphasis on advanced technologies to aid digital content development for education. Teaching methods used in classroom have undergone major improvements during the past couple of years. The introduction of learning management systems (LMS) has made development of content faster for academicians and education experts.
However, the market is witnessing a key challenge in terms of the high cost associated with the implementation of SMART technologies. Schools, especially in the emerging markets of Africa or the APAC region with relatively less funding pose a significant challenge. The requirement of hardware is dependent on the number of students per class. Given the population in majority of these nations is large, the students in each class is comparatively higher, and this in turn increases the total cost of adoption.
Geographical segmentation of the stylus pens for interactive whiteboard market
The education sector in Europe has witnessed overwhelming adoption of technology until 2014. The higher education sector in this region, in particular, is experiencing higher growth with the implementation of blended learning in universities. The enrollment of international students in Europe is also high due its reputable education systems. These trends will continue to buoy growth in this region helping the market record more than USD 244 million in terms of revenue during the forecast period.
Key vendor analysis for the stylus pens for interactive whiteboard market
• Seiko Epson
• SMART Technologies
Latin America is an emerging market that exhibits huge growth potential for interactive white board stylus pens in the region. Various countries in the region, such as Argentina, Colombia, Mexico, and Uruguay have witnessed heavy government investments in education tech resources, and it is expected to immensely benefit international vendors to expand their presence in the region.
Key questions answered in the report
• What are the key factors driving the stylus pens for interactive whiteboard market?
• What are the key market trends impacting the growth of the stylus pens for interactive whiteboard market?
• What are the various opportunities and threats faced by the vendors in the stylus pens for interactive whiteboard market?
• Market shares for APAC, Americas, and EMEA?
• Key outcome of the five forces analysis on the stylus pens for interactive whiteboard market?
• Growth forecast of the stylus pens for interactive whiteboard market?
Technavio also offers customization on reports based on specific client requirement.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Geographical segmentation
Global stylus pen for interactive whiteboards market by geographical segmentation 2015-2019
Stylus pen for interactive whiteboards market in Americas
Stylus pen for interactive whiteboards market in EMEA
Stylus pen for interactive whiteboards market in APAC
PART 07: Market drivers
Advances in technology
Upsurge in the adoption of IWBs
Horizontal learning support
Sustainable model of interactive teaching
PART 08: Impact of drivers
PART 09: Market challenges
High cost of implementation of smart technologies
Threat of disruptive innovations
Increase in number of vendors
PART 10: Impact of drivers and challenges
PART 11: Market trends
Progressive development of digital content
Government initiatives to enhance digital education methodologies
Growing Internet penetration
Rising need for knowledgeable workforce
PART 12: Vendor landscape
Market vendor analysis 2014
PART 13: Key vendor analysis
PART 14: Other Prominent vendors
PART 15: Appendix
List of abbreviations
PART 16: Explore Technavio
Exhibit 01: Product offerings 6
Exhibit 02: Framework for blended teaching
Exhibit 03: Hardware components of blended learning -– content delivery
Exhibit 04: Supply chain of stylus pen market
Exhibit 05: Global stylus pen for interactive whiteboard market 2015-2019 ($ millions)
Exhibit 06: Five forces analysis
Exhibit 07: Global stylus pen for interactive whiteboard market 2014
Exhibit 08: Global stylus pen for interactive whiteboard market 2019
Exhibit 09: Global stylus pen for interactive whiteboard market 2015-2019 ($ millions)
Exhibit 10: Global stylus pen for interactive whiteboard market 2015-2019
Exhibit 11: Global stylus pen for interactive whiteboard market in Americas 2015-2019($ millions)
Exhibit 12: Global stylus pen for interactive whiteboard market in EMEA 2015-2019 ($ millions)
Exhibit 13: Global stylus pen for interactive whiteboard market in APAC 2015-2019 ($ millions)
Exhibit 14: Global IWBs market 2015-2019 ($ billions)
Exhibit 15: Impact of drivers
Exhibit 16: Impact of drivers and challenges
Exhibit 17: Hitachi: Business segmentation by revenue 2015
Exhibit 18: Hitachi: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 19: Hitachi: Geographical segmentation by revenue 2015
Exhibit 20: Promethean World: Business segmentation by revenue 2014
Exhibit 21: Promethean World: Product segmentation by revenue 2014
Exhibit 22: Promethean World: Geographical segmentation by revenue 2014
Exhibit 23: Seiko Epson: Business segmentation by revenue 2015
Exhibit 24: Seiko Epson: Business segmentation by revenue 2014 and 2015 (US$ millions)
Exhibit 25: Seiko Epson: Geographical segmentation by revenue 2015
Exhibit 26: SMART Technologies: Business segmentation by revenue 2015
Exhibit 27: SMART Technologies: Business segmentation by revenue 2014 and 2015 ($
Exhibit 28: SMART Technologies: Geographical segmentation by revenue 2015