The global interactive whiteboard market holds a moderately fragmented vendor landscape, says Transparency Market Research (TMR) in a recently published report. This is because of an extensive number of small, medium, and large-scale companies operating in the interactive whiteboard market. Samsung Electronics Co., Seiko Epson Corporation, Hitachi, Promothean Limited, and Panasonic Corporation are the leading players in the global interactive whiteboard market.
A key strategy adopted by players in the global interactive whiteboard market to retain their dominance over the market includes constant product innovations along with delivering quality services for satisfying students’ preferences. The leading companies in the market have taken several initiatives on the marketing front for enhancing their growth prospects. Their unique technology solutions and services are aimed at improving student learning as well as making students’ teams more productive. Along with this, numerous small and medium sized firms who are looking for fundamental policies and strategies in order to cement their foothold in the market.
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According to experts from TMR, the global interactive whiteboard market is expected to gain revenue worth US$526.8 mn by the end of 2024, elevating up from a valuation of US$1.21 bn in 2015. Experts project this growth to occur at a promising CAGR of 8.7% during the forecast period from 2016 to 2024.
Among various types of end-use adoption, the education segment showcases the largest share in the market and is also expected to boost the global interactive whiteboard market. This is due to the interactive whiteboard’s ability to provide improved learning processes, which result in increasing its popularity in the education sector. Region wise, Asia Pacific is expected to remain dominant in the global interactive whiteboard market throughout the assessment period. This is attributed to heavy investments in the education sector and rising student population in the region.
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Soaring Demand for Enhancing Education Quality Fillips Market
Interactive whiteboard is basically an interactive display which is connected to a computer. Use of a projector further helps in displaying the connected computer or laptop onto the whiteboard screen. Such whiteboard screens can be controlled by using stylus, pen, or even by fingers, as they are touch sensitive. Rapid emergence of virtual classrooms and adoption of e-learning courses has resulted in an increased demand for interactive whiteboards, which in turn is driving the global interactive whiteboard market. These boards offer an engaging, adaptive, and user-friendly learning experience. Therefore, interactive whiteboards are gaining maximum popularity across various sectors include corporate, government, and most importantly education. Such USPs are also fueling growth in the global interactive whiteboard market.
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Furthermore, rising investments in Information and Learning Technology (ILT) infrastructure in universities and rapid development of mobile learning application and digital content are also providing impetus to the growth of the global interactive whiteboard market. Along with these, rising trend of gamification in the education sectors is also anticipated to boost interactive whiteboard market over the forecast period.
Interactive Flat Panels Substituting Traditional Whiteboards at Alarming Rate
Rapid adoption of several substitute technologies such as tablets and interactive flat panels appear as a big challenge in the global interactive whiteboard market. These technologies work without projectors and have longer life than interactive whiteboards. Thus, their adoption rate is increasing, which is responsible for hampering the growth of the market. Nonetheless, persistent demand for interactive whiteboards in the corporate sector for presentations and meetings is believed to overcome challenges in the future.
The review is based on a market research report by TMR, titled, “Interactive Whiteboard Market (IWB) (Type – Resistive Membrane, Electromagnetic, Infrared, Ultrasonic, Laser Scanner; End-use – Education, Corporate, Government; By Size – Small, Medium-sized, Large) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024”.
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The segmentation of global interactive whiteboard market is based on:
- Resistive Membrane
- Laser Scanner
- North America
- Latin America
- Middle East and Africa
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SOURCE Transparency Market Research
Labuan IBFC’s Financial Services Community Band Together to Contribute to the Relief Efforts in Combating COVID-19
Labuan International Business and Financial Centre, Labuan IBFC’s financial services and intermediation community have come together to assist local authorities in relief efforts via the pooling of resources.
Labuan IBFC’s Cross-Industry Group comprising of all the industry associations representing licensed entities in the jurisdiction has led the formation of a pool fund, focused on providing relief to frontliners and those less fortunate in Labuan.
This Cross-Industry Group consists of Labuan Financial Services Authority, Labuan International Insurance Association, Association of Labuan Banks, Association of Labuan Trust Companies, Labuan Investment Banking Group and the Labuan Fintech Association.
The Labuan IBFC Community is deeply concerned about the growing scale of the COVID-19 pandemic and its social and economic impact, particularly on Labuan island. Specifically, this resource pool will fund towards the purchase and distribution of personal protective equipment for hospital staff, healthcare providers, and other frontline service personnel on the island.
Relief, in the form of household necessities, will also be provided to those in the B40 income group and to daily wage earners who are impacted by the situation, as well as schools and small businesses.
The above effort is testament of the commitment and empathy of the Labuan IBFC community towards the people of Labuan island, by providing whatever assistance it can to relieve hardships under the current situation.
SOURCE Labuan IBFC
Demand Wealth Launches the Nation’s First Investment Platform Designed to Align Financial Goals and Personal Values
Demand Wealth received an undisclosed seven figure investment from FinTech Private Equity firm Niche Investment Partners LLC. providing investors with an alternative to broad or often misleading investment portfolios*, the Demand Wealth platform promotes transparency and respect for every American’s voice; allowing clients to invest according to their political, religious, and ethical convictions along with specialized portfolios designed for specific life stages (e.g. newlyweds, divorce or family death).
Demand Wealth is a first-of-its-kind platform created to provide investors frictionless access to ultra -niche investment portfolios and a free or paid set of full-service financial planning tools; providing ethical and situational peace-of-mind.
Investing in companies with shared values is one of the most underutilized tools for change held by the public. Demand Wealth reminds clients that powerful corporations are built on the investments of average Americans. Investing money in places you believe deserve your support reflects the backbone that America has at her core.
“Our goal is to help everyday Americans put the power of their wallet to use by investing according to their conscience” says Brandon Mink, President at Demand Wealth. “We know how important it is to put each individual’s hard-earned money onto the balance sheets of companies they believe in, to not only see significant portfolio returns, but know that those returns will come from companies they can be proud of.”
The company was created with several goals in mind, including:
- To manage money as effectively as any traditional investment firm, while helping clients keep more of their portfolio return. Demand Wealth keeps costs at a fraction of their competitors’, while providing comprehensive personal services expected anywhere else; by embracing the digital, paperless world and utilizing the most up to date security and privacy protocol.
- To provide personalized portfolios that allow our clients to align their capital with their values for varying risk profiles and stages of life.
- Most importantly, to inform Americans that the money in their retirement plan (e.g. 401k) seldomly aligns with their beliefs, even when invested with a like-minded advisor*. Demand Wealth remains transparent with where your money is going and provides a more impactful and personalized portfolio than what is currently available at any other investment firm today.
“Clients are demanding more from their wealth managers. They want greater customization of their portfolio without compromising the service they have become accustomed to at larger traditional firms”, says Wade Ellison, Chief Operating Officer at Demand Wealth.
SOURCE Demand Wealth
Carver Edison Announces Expansion of Leadership Team, Gregory Barton Joins as Chief Operating Officer and General Counsel
Carver Edison, a New York City-based financial technology company that helps provide financial opportunity to public company employees through its patented technology, has announced the addition of Gregory Barton to the company’s executive leadership team. Barton most recently served as Chief Legal Officer, and before that as Chief Operating Officer, of Wisdom Tree Investments, Inc. a leading ETF sponsor with $50 billion of assets under management.
With more than two decades of experience in executive positions for founder-led public companies in the technology, asset management and digital media industries, Barton will serve in a key leadership capacity as Carver Edison expands to meet growing client demand.
“Greg is joining our leadership team at an important moment for our company,” said Aaron Shapiro, founder of Carver Edison. “As we continue to grow, his deep operational, legal and public company board expertise will help us serve our clients and expand our reach. We’re excited to have Greg join the team.”
“Cashless Participation™ solves for major shortfalls in Employee Stock Purchase Plans and I am thrilled to bring my experience in multiple C-suite roles to the team,” said Barton. “The company has received significant backing from notable financial technology entrepreneurs and investors, which is a testament to the executive team’s vision and focus. I look forward to helping Carver Edison continue to execute on its mission.”
Among his roles prior to joining Wisdom Tree Investments in 2012, Barton served as Executive Vice President of Business and Legal Affairs, General Counsel and Secretary of TheStreet, Inc., co-founded by Jim Cramer. He is a graduate of Harvard Law School (magna cum laude) and the Claremont McKenna College (summa cum laude).
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