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Interactive Flat Panels Market size is set to grow by USD 10.15 billion from 2024-2028, Growth of E-learning to boost the market growth, Technavio

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NEW YORK, June 12, 2024 /PRNewswire/ — The global interactive flat panels market  size is estimated to grow by USD 10.15 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  10.93%  during the forecast period. Growth of e-learning is driving market growth, with a trend towards increased adoption of gamification. However, high cost of interactive flat panels  poses a challenge. Key market players include Accuview Inc, Baanto International Ltd., BenQ Corp., Boxlight Corp, Crystal Display Systems Ltd., Elo Touch Solutions Inc., Hangzhou Hikvision Digital Technology Co. Ltd., Hitachi Ltd., Horizon Display Inc., Koninklijke Philips N.V., LG Electronics Inc., NEC Corp., Panasonic Holdings Corp., Planar Systems Inc., Promethean World Ltd., Samsung Electronics Co. Ltd., Sharp Corp., SMART Technologies ULC, ViewSonic Corp., and Wishtel Private Ltd..

Get a detailed analysis on regions, market segments, customer landscape, and companies – View the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Education sector and Corporate sector), Display Type (Plasma and LCD flat panels, Interactive UHD/4K flat panels, and HD flat panels), and Geography (North America, APAC, Europe, Middle East and Africa, and South America)

Region Covered

North America, APAC, Europe, Middle East and Africa, and South America

Key companies profiled

Accuview Inc, Baanto International Ltd., BenQ Corp., Boxlight Corp, Crystal Display Systems Ltd., Elo Touch Solutions Inc., Hangzhou Hikvision Digital Technology Co. Ltd., Hitachi Ltd., Horizon Display Inc., Koninklijke Philips N.V., LG Electronics Inc., NEC Corp., Panasonic Holdings Corp., Planar Systems Inc., Promethean World Ltd., Samsung Electronics Co. Ltd., Sharp Corp., SMART Technologies ULC, ViewSonic Corp., and Wishtel Private Ltd.

Key Market Trends Fueling Growth

The interactive flat panels market is experiencing growth due to the increasing adoption of gamification in education. In primary and secondary schools, gamified platforms like ClassDojo are used for collaborative learning and classroom management. These tools keep students, parents, and teachers connected and promote interactive sessions. High schools and higher education sectors also benefit from platforms like Course Hero, which focus on learning outcomes through document sharing and tutor finding. This trend is enhancing student engagement in classroom sessions, potentially driving market expansion. 

The Interactive Flat Panels market is currently experiencing significant growth, with technologies and displays becoming more advanced. Tablets, also known as interactive flat panels, are increasingly being used in various sectors such as education and business.

These devices offer screen sizes similar to traditional monitors, but with the added benefit of touchscreen functionality. Tech companies are focusing on improving screen resolution, processing power, and battery life to meet consumer demands. Screen sharing and collaboration features are also becoming popular, allowing multiple users to work together on a single panel. Additionally, the adoption of touchscreen technology in classrooms and offices is driving demand for these products. The market for touchscreens is expected to continue growing, with displays becoming more affordable and accessible to businesses and individuals alike. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The interactive flat panel market is influenced by several factors, including technology type, display specification, application, and software. These elements contribute to the high cost of interactive flat panels, which can reach up to USD10,000. Despite potential price reductions during the forecast period, these panels will remain a substantial investment for schools. The market’s growth is also hindered by low portability and lack of modularity. Vendors focus on software applications that facilitate interaction, cater to various learning styles, and integrate classroom resources. Advanced technologies have increased the average selling price, making it a significant budget item for educational institutions.The Interactive Flat Panels market faces several challenges. Costs are a significant issue, with high prices limiting adoption in some sectors. Compatibility with various devices and software is another challenge. Integration with existing systems can be complex and time-consuming. The need for regular updates and maintenance adds to the cost and complexity.Security is a major concern, with the risk of data breaches and unauthorized access. Additionally, the market is highly competitive, with many players vying for market share. Procurement processes can be lengthy and complex, adding to the time and cost involved. Despite these challenges, the market for Interactive Flat Panels continues to grow, driven by the benefits they offer in terms of engagement, collaboration, and productivity.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

Application 1.1 Education sector1.2 Corporate sectorDisplay Type2.1 Plasma and LCD flat panels2.2 Interactive UHD/4K flat panels2.3 HD flat panelsGeography 3.1 North America3.2 APAC3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Education sector-  The Interactive Flat Panels (IFP) market is experiencing significant growth due to increasing demand for interactive and collaborative learning solutions in education and training sectors. IFPs offer numerous benefits, including ease of use, versatility, and cost-effectiveness. They enable users to write, draw, and interact with digital content directly on the screen, making them an essential tool for modern classrooms and offices. The market is expected to continue expanding as technology advances and businesses seek innovative ways to enhance productivity and engagement.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

In the business setting, the Interactive Flat Panels (IFP) market has gained significant traction due to its role in facilitating collaborative decision-making. This technology, which includes Tablets, Monitors, Whiteboards, Touchscreen displays, and Peripheral devices, offers dynamic data visualization, making complex information more accessible and affordable.

Technological advancements have led to economies of scale, enabling the education sector to adopt IFPs in classrooms and training facilities. Furthermore, the integration of IFPs with Interactive kiosks, Video walls, and Mobile devices, enhances their functionality and versatility. These advancements have made IFPs an essential tool in modern business environments.

Market Research Overview

The Interactive Flat Panels (IFP) market encompasses a wide range of technologies and applications. These panels integrate advanced features such as touch, infrared, and magnetic sensors, allowing for interactive and immersive user experiences. IFPs are utilized in various sectors including education, healthcare, hospitality, and retail. They offer benefits like ease of use, energy efficiency, and versatility.

The market for IFPs is driven by factors such as increasing demand for digital signage, growing adoption of technology in education, and the need for interactive and engaging displays in modern workplaces. The market is expected to grow significantly in the coming years due to these trends and the continuous advancements in technology.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationEducation SectorCorporate SectorDisplay TypePlasma And LCD Flat PanelsInteractive UHD/4K Flat PanelsHD Flat PanelsGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Technology

Increff Selects Easyship’s Leading Multi-Carrier API To Help Retailers Navigate Global Shipping

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NEW YORK, Jan. 12, 2025 /PRNewswire-PRWeb/ — Easyship, one of the world’s leading multi-carrier shipping platforms, today announced a new partnership with Increff, a merchandising software leader specializing in inventory and warehouse management.

“By integrating Easyship’s best-in-class shipping technology, we are empowering our clients to scale globally with confidence and access 550+ shipping services,” said Kanika Bhalla, CRO of Increff. “This partnership reflects our commitment to equipping retailers with the tools they need.”

This collaboration marks a significant milestone in Increff’s expansion from a domestic technology powerhouse into North America, Europe, and Asia. By leveraging Easyship’s powerful multi-carrier shipping API, Increff’s 700+ global eCommerce clients can now access seamless logistics solutions spanning 220+ destinations worldwide.

Revolutionizing Logistics & Inventory Management

The integration of Easyship’s advanced shipping technology into Increff’s omnichannel Warehouse Management System (WMS) and Ship from Store solutions empowers retailers to:

Save up to 91% off retail prices on shipping labels, significantly reducing operational shipping costs and boosting store profitability.Access to 550+ courier services worldwide, ensuring unparalleled flexibility and control across North America, Europe, and Asia.An advanced courier selection algorithm that optimizes shipments for cost, speed, and reliability, streamlining domestic and international deliveries.

Driving Global Growth for Retailers

“By integrating Easyship’s best-in-class shipping technology, we are empowering our clients to scale globally with confidence and access more than 550 shipping services,” said Kanika Bhalla, CRO of Increff. “This partnership reflects our commitment to equipping retailers with the tools they need to thrive in competitive markets. Together, we are unlocking new revenue streams for our clients while enhancing their operational efficiency and customer satisfaction.”

This strategic collaboration enables Increff to expand its global footprint while meeting the needs of retailers in competitive markets. It combines advanced inventory management, merchandising, and logistics into one seamless solution, ensuring an optimized and efficient experience for global retailers.

Enhanced Value Through Innovation

With Easyship as its preferred global shipping partner, Increff reinforces its mission to deliver intelligent solutions that improve operational efficiency and elevate the customer experience.

“Partnering with Increff enables us to combine our powerful multi-carrier shipping tools with cutting-edge inventory management, creating a seamless experience for retailers looking to expand globally,” said Tommaso Tamburnotti, Co-Founder of Easyship. “This partnership exemplifies the close synergy between effective inventory management and worldwide logistics technology, enabling retailers to grow faster while streamlining their operations.”

Start Saving On Shipping Costs

Retailers already using Increff’s WMS can now access Easyship’s global courier network, enabling faster delivery to locations like the United States and Canada while saving up to 91% on shipping and fulfillment costs. These benefits demonstrate how the partnership addresses critical challenges for retailers expanding their reach and improving their operational workflows.

NRF 2025 Partnership Launch

The program will officially launch at NRF 2025, with full integration and product availability expected later in the year. Retailers can visit the Increff booth at the annual National Retail Federation’s ‘Retail’s Big Show’ expo for live demonstrations of the new partnership’s capabilities.

About Increff

Increff is a leading retail technology company specializing in solving complex inventory management and supply chain challenges for retailers. With AI-powered merchandising and cloud-hosted omnichannel solutions, Increff helps brands optimize inventory, improve sales performance, and make data-driven decisions. The company’s solutions currently serve over 700 global brands across diverse retail categories, from fashion and electronics to consumer packaged goods.

For more information, visit: www.increff.com

About Easyship

Easyship is a global shipping platform that empowers businesses of all sizes to simplify fulfillment, save on shipping costs, and enhance customer delivery experiences. Trusted by tens of thousands of merchants worldwide, Easyship offers retailers access to a global network of over 550 courier services with discounted rates and advanced shipping and productivity tools to compare carriers, print labels, track shipments, and automate pick and pack processes.

For more information, visit: www.easyship.com

Media Contact

Tommaso Tamburnotti, Easyship, 44 44 7724256658, press@easyship.com, https://www.easyship.com/developers

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SOURCE Easyship

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Skyee Receives In-Principle Approval (IPA) for Major Payment Institution License (MPI) from the Monetary Authority of Singapore (MAS)

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SINGAPORE, Jan. 13, 2025 /PRNewswire/ — Skyee Pte. Ltd. (“Skyee”) is excited to announce that it has been granted In-Principle Approval (IPA) for the Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). Skyee is a wholly owned subsidiary of Skyee Group a Chinese leading cross border payment solution provider in China, Europe, North America and North Asia. If obtained, the MPI license will allow Skyee to service its Singapore market, further enhancing the payment experience for cross-border sellers, streamlining payment processing, increasing efficiency, and reducing operational costs through Account Issuance, Domestic Money Transfer, Cross-border Money Transfer, Merchant Acquisition, and e-Money services.

Skyee Group, established in 2016, has consistently adhered to its mission of “linking the global financial network, building a new payment system, and providing all-around convenience for cross-border fund transfers.” Skyee’s receipt of the IPA from MAS underscores its strong reputation as a responsible digital financial technology company. By continuously optimizing its products and services, Skyee Group has secured strategic investment from Lakala Payment Group, China’s first A-share listed third-party payment company, and has become a member of its group.

Kozen Tan, CEO of Skyee Singapore has spearheaded and actively drive the acquisition of this license and stated, “Being granted this IPA from the Monetary Authority of Singapore is a big milestone for Skyee, especially as we expand our reach and payment services across geographical borders, solidifying our position in one of the most significant financial markets globally”.

This announcement follows Skyee Group track record and contributions to the emerging internet-based global financial system, further cementing its position as a trusted and well-regulated operator.

About Skyee: Based in Guangzhou, China, Skyee is a cross-border payment technology company with offices in Hangzhou, Shenzhen, Hong Kong, Singapore, Los Angeles, London, Tokyo, and Canada. Dedicated to providing innovative payment solutions for users with cross-border funding needs. Skyee offers safe and convenient global cross-border payment services for various sizes of overseas merchants through its self-developed payment platform. Skyee provides personalized solutions for more than twenty global payment scenarios to enhance payment efficiency and user experience, meeting diverse payment needs.

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SOURCE Skyee Pte. Ltd

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KT&G Establishes Uzbekistan Corporation Strengthening Eurasian Market Competitiveness

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– Office to corporation conversion reinforces local operations heightening global competitiveness

SEOUL, South Korea, Jan. 13, 2025 /PRNewswire/ — KT&G (KRX : 033780) is establishing a corporation in Uzbekistan handing local operations for earnest market expansion and increased profitability, aiming to strengthen competitiveness in the Eurasian region.

In 2023, KT&G set up an office in Uzbekistan and entered the market with the superslim brand “ESSE”.

Through the corporation conversion of the Uzbekistan office, KT&G plans to reinforce long-term competitiveness in the Eurasian region. To increase market presence, KT&G will increase the size of the local workforce by four times, and continue to widen distribution coverage by establishing detailed operational networks.

KT&G also plans to grow “ESSE” as a major brand in the Uzbekistan market, anticipating revenue and profit growth from market expansion.

KT&G has established regional CIC’s (Company-In-Company) in Eurasia and the Asia-Pacific regions to facilitate global business expansion. KT&G currently is operating in 132 countries across the globe through six sales corporations and three branches. Going forward, KT&G will continue to expand its global corporations to support direct global operations and continue efforts to increase profitability.

A KT&G spokesperson said that “the establishment of the Uzbekistan corporation is part of the ongoing investment and innovation for the leap to a ‘Global Top-Tier.’ KT&G will continue its global growth trends by reinforcing local operations.”

 

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View original content:https://www.prnewswire.co.uk/news-releases/ktg-establishes-uzbekistan-corporation-strengthening-eurasian-market-competitiveness-302348712.html

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