For Q3, sales of interactive whiteboards and interactive flat panel displays in the education and corporate sectors are up 22 percent year-on-year, according to Futuresource Consulting.

EMEA experienced its largest quarter ever in terms of sales, achieving 44 percent year-on-year growth, with Vestel completing shipment for phase one of the Fatih tender. Additionally, Russia also had huge sales in the quarter.

The UK market is forecast to have 10 percent growth in 2012 according to Futuresource, the first growth year for the UK in seven years. Interactive flat panel displays begin to take market share from interactive whiteboards and some of the first replacement boards are being purchased, with schools tending to buy the same brands again. Although the BSF (Building Schools for the Future) program was abandoned there is still significant new school construction due to the rise of academies, as well as substantial rebuilding programs within existing schools.

The total worldwide market for interactive whiteboards, interactive flat panels and interactive projectors within education and corporate sectors is forecast to reach 1.5 million by 2015. However, the adoption rates of the three products are very different by country and even by region. Futuresource has compared all three technologies in eight regions/countries.

Futuresource expect the corporate market to be the fastest growing sector, increasing to 24 percent by 2016. This growth will be in the more developed markets like the U.S., UK, Germany and Sweden. The scale of the opportunity in the corporate space is “colossal,” with more than 67 million meeting rooms worldwide — this segment of the corporate market alone is two-times the scale of school classrooms. However, currently there is no adoption of any specific product, so the market remains open.