The global conference panel market analysis

 Analysis of the market size, competition pattern and development prospects of the global conference interactive flat panel industry in 2022 The market size will continue to grow in the future


The core data of this article: development history, market size, competition status, prospect forecast

 

1. The global conference interactive flat panel industry has entered a period of rapid development


The conference panel is classified as Interactive Whiteboard (Interactive Whiteboard, IWB for short) internationally. The global interactive whiteboard has not been around for a long time, and the popularity is also low. The world's first interactive whiteboards were designed and built for offices, and they were developed by PARC around 1990. This board is used for group meetings and roundtables.

 

A sudden epidemic in 2020, while having a huge impact on business operations, has also pushed remote working to a new outlet. Today, telecommuting has gradually become a trend in the world, and many products such as Cisco Webex Board, Samsung Flip, Microsoft Surface Hub2 and the commercially available Yoda Conference Interactive Flat Panel series have emerged.


2. The global conference interactive flat panel market size exceeds 3.9 billion

 

In early 2020, due to the impact of COVID-19, various company events were cancelled, including international seminars, trade shows, product launches, investor presentations, etc. Therefore, corporate organizations focused on implementing video communication solutions such as Zoom, Teams, etc. To hold such events, global video conferencing is in high demand. According to Wired UK, Zoom added 2.22 million monthly active users in 2020. Companies like Cisco, Microsoft, Google, MediaPlatorm, and others are focused on providing consumers with higher-quality videoconferencing technology.

 

According to Frost & Sullivan data, the global video conferencing market size in 2019 was $9.08billion; in 2020, the global video conferencing market share was $9.9 billion.

 

In 2020, the market size of China's video conference market is $2.5 billion, accounting for 23.7% of the global video conference market size. The ratio of the global conference interactive flat panel market size to the Chinese conference interactive flat panel market size is calculated at 1:0.237, and the global conference interactive flat panel market size in 2020 will be $3.9 billion.


3. Competitors in the global conference panel market emerge

 

At present, the major players in the international conference panel include Microsoft, Google, Cisco, Boxlight, Sharp, Panasonic, etc.


4. The scale of the global conference interactive flat panel market will continue to grow in the future

 

From 2021 to 2027, the scale of the global conference interactive flat panel market will maintain a continuous growth trend. It is predicted that the market scale will reach $9 billion by 2027, with a compound annual growth rate of 10.4%. The main driving factors include that the epidemic will coexist with human beings for a long time and continue to promote the development of the online office market, as well as the application and promotion of 5G, cloud computing and other technologies to provide a technical basis for multi-person video conferences.


The application of conference interactive flat panels is more dependent on local communication infrastructure and digital technology. Due to the rapid development of data technology in the Asia-Pacific region, it is expected that the growth rate of demand for conference interactive flat panels in the Asia-Pacific region will maintain a high growth rate. The content of video conferences often needs to be kept confidential. In order to take into account the connection compatibility of different platforms and different devices, the conference interactive flat panel often adopts a general protocol on the interface and communication protocol, which increases the risk of being attacked by the network. Therefore, the communication security of the conference panel is a key issue that manufacturers need to consider.

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