India has recorded growth in demand for Interactive Whiteboard (IWB) solutions over the past few years, especially in the education sector. Decline in ownership cost and surging awareness towards the advantages of IWB solution are the key driving factors of the market. Additionally, increasing adoption for online learning courses across the country is further boosting the market growth.
Cybernetyx is the leading player in the Indian Interactive Products market . The company’s product EyeRIS is installed in over 1,20,000 classrooms and is an AI enabled solution
There has been a considerable shift in the Indian market with some of the leading players in 2009, such as Smart (Foxconn), Promethean losing market share, and Cybernetyx emerging as the outright market leader by 2019. In terms of installations. In terms of overall installations Smart (Foxconn), and Promethean) occupy the second and third highest share
Some of the other key players in interactive products market in the country includes Hitachi, Newline, Panasonic etc. While Hitachi and Panasonic has more installations in interactive whiteboards, the focus of Newline has shifted towards interactive flat panel displays. IFPD’s are expected to show good growth during coming years
Luidia, Boxlight are players which had good market penetration till 2014, but their installations have slowed down. Globus, is a Make in India company which has seen a spur in growth with installation of interactive products in several smart classrooms in Government and Private schools
EPSON, BenQ, Vivitek are companies majorly catering to the interactive projectors segment.
Covid 19, has had a positive impact on the smart classroom market in India. The adoption of smart classroom systems by schools is transforming the traditional education system. The sudden switch is not only limited to private schools but even a number of government schools have started running smart classes. Though the crisis is devastating, it is making schools and even colleges, technologically advanced
Use of technology in education is one of those methods that will help improve the quality of education in India. It is also altering the way education is provided in India. With the current pandemic, the opportunities to improve infrastructure across the K12 and higher education sectors has risen. Private schools had already gotten onto the bandwagon of e-learning, smart classrooms and some even making tabs mandatory right from pre- primary education. Now, considering the lock-down situation, it is expected that a lot of EdTech companies will see and perhaps seize the opportunity to fill the gap that may exist in bringing more schools on to the digital platform