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Record-breaking Sales of 1.3 Million in 2013 for Interactive Whiteboards and Flat Panel Displays According to Futuresource Consulting - According to the final 2013 quarterly research report from Futuresource, interactive whiteboards and interactive flat panel displays in the education and corporate sectors reached 1.3 million units in 2013, up 1% on the previous year
Record-breaking Sales of 1.3 Million in 2013 for Interactive Whiteboards and Flat Panel Displays According to Futuresource Consulting

 

PRZOOM - /newswire/ - Dunstable, Bedfordshire, United Kingdom, 2014/03/10 - According to the final 2013 quarterly research report from Futuresource, interactive whiteboards and interactive flat panel displays in the education and corporate sectors reached 1.3 million units in 2013, up 1% on the previous year.

   
 
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Global sales of interactive whiteboards and interactive flat panel displays in the education and corporate sectors reached 1.3 million units in 2013, up 1% on the previous year and making it the largest year on record, according to the final 2013 quarterly research report from Futuresource Consulting.

"The education sector provides a vast target market for vendors and component suppliers alike, with over 38 million classrooms and 1.5 billion enrolled students and teachers across the world," says Colin Messenger, Senior Market Analyst at Futuresource Consulting. "As the interactive displays market has evolved we now see interactive flat panels moving centre stage as they become the fastest growing product in the market, taking share from interactive whiteboards and - in the UK - accounting for 45% of sales in Q4."

Asia Dominating, USA Decline Slowing
Asia still dominates the market with 2013 sales of over 800,000, representing 24% annual growth. Asia is forecast to remain the largest region for the next five years, with China being the driving force with sales of 700,000.

The American market is experiencing an annual decrease of 15%. Volumes are forecast to remain flat over the next two years before growth, spurred on by corporate sales, which are currently 16%, and forecast to exceed 50% of the market in 2018.

"Over half of classrooms already have either an interactive display or interactive projector, and by 2018 penetration will reach almost 80%." says Messenger.

EMEA on Track
EMEA performed above target in the quarter, spurred on again by strong performances from Russia and countries in Western Europe.

"Phase 2 of FATIH - Turkey's National Education Project - will start in Q2 2014 and Futuresource projections show that this will account for over 40% of all sales in EMEA," says Messenger. "The programme is due to run across 16 months."

The Global Perspective
Futuresource forecasts show that the total display technologies market of interactive whiteboards, interactive flat panels and interactive projectors will exceed 1.2 million devices shipped in 2018. Futuresource forecasts show that the total display technologies market of interactive whiteboards, interactive flat panels and interactive projectors will begin to decline towards the end of the decade, but will still exceed 1.2 million devices shipped in 2018. However, the adoption rates of the three products are very different by country and even by region (Futuresource has compared all three technologies in 67 countries).

"The scale of the corporate space presents alternative opportunities. Moving forward we see the corporate market as the fastest growing sector, increasing to 1/4 of all sales by 2018, with the growth coming from more developed markets like the USA, UK, Germany and Sweden."

Notes
Futuresource Consulting is a specialist research and knowledge-based consulting company, providing organisations with insight into consumer electronics, digital imaging, entertainment media, broadcast, storage media, education technology and IT. With a heritage stretching back to the 1980s, the company delivers in-depth analysis and forecasts on a global scale, advising on strategic positioning, market trends, competitive forces and technological developments.

Authorised use of information
All information provided by Futuresource in any form is proprietary information that belongs to Futuresource and is protected by UK and international copyright law. Except as outlined below, direct or indirect reproduction of information, in whole or in part and by any means, is prohibited without the express written consent of Futuresource.

Members of the press may use a press release in its entirety or take segments from it as necessary; they may also use a graph, a slide, or a section of a supplied research report less than fifty words long, provided all text is identified as "Source: Futuresource Consulting" and all graphics are credited with "Futuresource Consulting, copyright 2014".

Futuresource Media Contact
For industry comment, forecasting and trends contact Andy C Watson on:
Direct Dial+44 1582 500169
Email andy.watson[.]futuresource-hq.com

 
 
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Record-breaking Sales of 1.3 Million in 2013 for Interactive Whiteboards and Flat Panel Displays According to Futuresource Consulting

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Contact: Andy C. Watson - Futuresource-hq.com 
+44(0)15 8250 0169 andy.watson[.]futuresource-hq.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Futuresource Consulting securities in any jurisdiction including any other companies listed or named in this release.

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