Infrared segment acquired the largest revenue share in the Saudi Arabia Interactive Whiteboard Market – 6Wresearch.
Saudi Arabia interactive whiteboard market grew significantly in recent years on the back of digitalization and rising internet penetration under Saudi Vision 2030. Rollout of 5G technology improved connectivity and hence the Kingdom witnessed rapid increase in virtual learning which further proliferated the demand for interactive whiteboards. The market witnessed decline in 2020 as a result of the COVID-19 pandemic, which caused a standstill in operations due to government’s lockdown measures. However, the market is predicted to recover with the resumption of economic activities in 2021 and register growth in the coming years. Ongoing National Transformation Programme (NTP) and educational projects under Saudi Vision 2030 such as the Education Joblist, Virtual School, Future Gate and more are expected to further boost the market for interactive whiteboard in the forecast period.
According to 6Wresearch, the Saudi Arabia Interactive Whiteboard Market size is projected to grow at a CAGR of 7.6% in terms of revenue during 2021-2027. Government of Saudi Arabia is taking steps to digitalise the economy which would bode well for the interactive whiteboard market in the forecast period. Increasing awareness regarding the benefits of the product would lead to significant growth in the coming years.
According to Srajan Yadav, Research Analyst, 6Wresearch, “By technology types, infrared technology acquired majority revenue share in Saudi Arabia interactive whiteboard market for the year 2020, owing to its high demand in education sector on account of low cost, stable performance and high durability. Infrared whiteboards allow pen or any opaque object to draw or write and no special pen is required which makes it more cost effective and easy to use. Growing awareness about infrared type interactive whiteboards along with government effort to boost digital infrastructure in Saudi Arabia are expected to drive the demand for this segment in the forecast period.”
“Saudi Arabia Interactive Whiteboard market (2021-2027F)” report provides an in-depth analysis with 12 figures and 07 tables, covered in 80 pages. The report estimates and forecast the Saudi Arabia Interactive Whiteboard market by technology types, screen size, end users and regions. Saudi Arabia interactive whiteboard market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.