What They Say
The Daily Dooh quoted Futuresource data released by Boxlight about its increase in the Interactive Flat Panel Display (IFPD) market in Q3 2021 under the Clevertouch and Mimio brands (Boxlight Acquires Sahara Presentation Systems for GBP 74 Million (USD 94.9 Million). The blog said:
Mark Starkey, President at Boxlight was quoted as saying
“Globally, excluding China, we are approaching 10% market share with our Boxlight brands, which is double the position from two years ago. We have become the go-to solution for interactive panels under our Clevertouch and Mimio brands that our customers trust”.
One of their partners, ASI Solutions, continues to dominate Australia with Clevertouch as the bestselling IFPD in their market, owning 41% of the Q3 2021 market while the number two competitor owned a 10% share.
In the UK, they also became the number one IFPD brand with 20% market share in Q3 2021. Their Clevertouch partner, Unit DK, continues to lead with 22% of this year’s IFPD sales in Denmark. In South Africa, sales are booming with Interactive AV Solutions (IAVS)he, who also holds the number one position in their own country.
In EMEA, they are the second largest provider under their Clevertouch brand for Enterprise collaboration IFPDs. In the USA, they have increased their market share to nearly 8%, and we are told that they anticipate this to increase in future quarters. Worldwide, excluding China, they are the fifth largest IFPD provider and are now third in EMEA, ascending several positions past established brands.
What We Think
Clevertouch started from a good UK base and used its good cost profile to expand outwards into other regions. (BR)
