Futuresource reports Q1 sales jump for interactive display market26 May 2015
According to the latest report from Futuresource Consulting on the state of the global interactive display market, there has been a significant sales increase with 42% YoY growth, due to the 300,000 displays being shipped in Q1 this year.
Higher priced interactive flat panels now account for 50% of the market, with the CAGR forecasted to be up 20% by 2019. Interactive flat panel displays are also becoming an educational standard with a 20% penetration rate in classrooms currently.
The report highlights opportunities in the corporate market, forecasting that it will be the same size as education in 2018. Futuresource suggests that interest in interactivity within company meeting environments is building and the introduction of Microsoft Surface Hub (pictured) is expected to create a significant boost by driving awareness of the benefits of meeting room interactivity.
Colin Messenger, senior market analyst at Futuresource Consulting, commented: “Interactive flat panels are quickly becoming the standard display. This growth has been driven by a few factors including large scale investment projects like FATIH in Turkey and the Chinese Education Department, integrating the technology into the educational system.”
According to the report two-thirds of the 67 countries that Futuresource tracks each quarter now have over 10% IFPDs and 12 countries had well over 50% of sales as IFPDs. In the UK, one of the most advanced countries, 80% of sales were IFPDs.
Asia has continued to post strong volume growth in 2015 Q1 with an increase of 31% YoY, while China continued its ascent, with more than half of all world sales.
In contrast the US sales again decreased. One-to-one learning programs continue to develop apace in the US, with the introduction of common core assessments in 2014 acting as a stimulus for many districts. This major movement towards one-to-one, including investment in connectivity diverts funds and focus away from front-of-class displays.