Here is some interesting data for you all:
- The market continues to grow and we are growing a rate much quicker than the market.
The full year 2010 had 21% value and 15% volume growth with 895k IWBs sold at a value of $1.4 Billion. For 2011 Futuresource now expects 12% volume and 13% value growth, with 967k IWBs at a value of $1.5 Billion.
- The market is huge!
Over 3.6 million IWBs have now been installed globally. World classroom penetration has just tipped 8%, leaving 35 million of the total 39 million classrooms in the world without a board. There is still a large opportunity in the school sector. In the current economically unsure world, education is one thing that is globally valued. Additionally, the Higher Education, corporate and Government markets are major unexploited opportunities.
Data obtained from FutureSource Consulting UK Ltd
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