Smart Board Price: How Much You Should Pay for It?

Smart boards are interactive whiteboards that have become increasingly popular in classrooms and boardrooms. They offer a range of features that make them more engaging and versatile than traditional whiteboards. However, with so many options available on the market, it can be difficult to determine how much you should pay for a smart board. In this article, we’ll explore the factors that affect smart board prices and provide some tips on how to choose the right one for your needs.

Smart Board Market Overview

The global smart board market is expected to grow at a compound annual growth rate (CAGR) of 9.4% from 2020 to 2027. The market size was valued at $2.4 billion in 2019 and is projected to reach $5.1 billion by 2027. The increasing adoption of smart boards in educational institutions, corporate offices, and government organizations is driving the market growth.

North America is the largest market for smart boards, accounting for over 35% of the global market share. The presence of major players such as Google, Microsoft, and Cisco in the region is contributing to the market growth. Asia Pacific is expected to be the fastest-growing region due to the increasing adoption of smart boards in schools and colleges.

The market is highly competitive, with major players such as SMART Technologies, Promethean, and Panasonic dominating the market. These companies are focusing on product innovation and development to gain a competitive edge in the market.

Factors Affecting Smart Board Prices

Several factors affect the price of smart boards. These include the type of smart board, size, resolution, features, installation, and warranty.

Type of Smart Board

There are several types of smart boards available on the market, each with its own unique features and price points. The most common types of smart boards are resistive, capacitive, and infrared.

Resistive smart boards are the most affordable option, but they are also the least sensitive to touch and have a shorter lifespan. Capacitive smart boards are more expensive but offer a more responsive touch experience and a longer lifespan. Infrared smart boards are the most expensive option but offer the best touch experience and are the most durable.

Size

The size of the smart board is another factor that affects its price. Smart boards are available in a range of sizes, from small portable units to large wall-mounted boards. Larger smart boards are generally more expensive than smaller ones, but they also offer more screen real estate and can accommodate more users.

Resolution

The resolution of the smart board is another important factor to consider when determining its price. Smart boards are available in a range of resolutions, from standard definition (SD) to high definition (HD) and ultra-high definition (UHD). Higher resolution smart boards are generally more expensive than lower resolution ones, but they also offer better image quality and clarity.

Features

The features of the smart board are another important factor to consider when determining its price. Some smart boards come with built-in projectors, while others require an external projector to be purchased separately. Other features to consider include the number of touch points, the ability to save and share content, and the integration with other devices and software.

Installation and Warranty

The cost of installation and the length of the warranty are also factors to consider when determining the price of a smart board. Some smart boards require professional installation, which can add to the overall cost. Others are easy to install and can be done by the user. The length of the warranty can also vary, with some smart boards offering a longer warranty than others.

Price Ranges for Different Types of Smart Boards

Smart boards are available in a range of price points, from budget-friendly options to high-end models. The price of a smart board depends on several factors, including the type of smart board, size, resolution, features, installation, and warranty.

Here is a breakdown of the price ranges for different types of smart boards:

Budget-friendly smart boards:

These smart boards are generally resistive touch boards with a screen size of 65 inches or less. They are suitable for small to medium-sized classrooms or meeting rooms. The price range for these smart boards is between $500 to $1,500.

Mid-range smart boards:

These smart boards are generally capacitive touch boards with a screen size of 75 inches or less. They offer features such as built-in speakers, Android operating system, and wireless screen sharing. The price range for these smart boards is between $2,000 to $4,000.

High-end smart boards:

These smart boards are generally infrared touch boards with a screen size of 86 inches or more. They offer features such as 4K UHD resolution, multi-touch capability, and video conferencing integration. The price range for these smart boards is between $5,000 to $10,000.

It is important to note that the price of a smart board does not always reflect its quality or features. It is essential to consider the specific needs of your classroom or meeting room before making a purchase.

Conclusion

Smart boards are an excellent investment for classrooms and meeting rooms, as they offer a range of features that make them more interactive and engaging than traditional whiteboards. However, with so many options available on the market, it can be challenging to determine how much you should pay for a smart board.

By considering the factors mentioned above, such as the type of smart board, size, resolution, features, installation, and warranty, you can make an informed decision on the right smart board for your needs. It is also essential to consider the specific needs of your classroom or meeting room before making a purchase. By doing so, you can ensure that you get the best value for your money and that the smart board you choose meets your requirements.