The Lecture Capture Systems market is expected to grow from USD 2.24 Billion in 2018 to USD
9.39 Billion by 2026, at a CAGR of 33.19%. Rising demand for distance education
and the focus of government on initiatives for promoting digital education are
vital factors driving the growth of the market.
Use of lecture capture systems helps the current instructional
exercises, regardless of whether they are in up close and personal, completely
on the web, or mixed learning conditions. These frameworks work especially well
in zones where students profit by monotonous review of substance when complex
information is examined, or formulas are written on a board. This is relied
upon to drive the demand for lecture capture system market during the forecast
period.
Development in technological developments is benefiting all
promoters of the lecture capture systems market.
Government regulations and policies act as a restraining force for
business-critical functions in the market.
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Further key findings from the report suggest
- The Lecture Capture Systems
market size is expected to grow from USD 2.24 Billion in 2018 to USD 9.39
Billion by 2026, at a CAGR of 33.19%. Rising demand for distance education
and the focus of government on initiatives for promoting digital education
are vital factors driving the growth of the market.
- Among the solutions, hardware
solutions segment is expected to have the largest market share in the LCMS
during the forecast period. The essential factors responsible for the
growth of the market are the increasing penetration of smartphones and
tablets among employees and students.
- In the deployment type segment,
the cloud deployment type is expected to grow at a CAGR during the
forecast period. Management of recorded lectures is one of the crucial
challenges faced by lecture capture system providers. Cloud-based
deployment model mitigates this challenge by offering flexibility,
scalability, affordability, operational efficiency, and low cost.
- On the basis of lecture capture
system users, the corporate segment is forecasted to grow at a higher
CAGR. The primary attribute is the fact that recorded lectures are used
for training employees in corporates. A one-time recorded lecture can be
used to train multiple employees which lowers the overall cost of training
incurred by an organization.
- North America is forecasted to
hold the largest market share in the lecture capture systems market, as
the convergence of IT and modernization of the Audio Visual (AV) industry
in the education system have vitally improved the student learning
experience. Indirectly, it will increase the demand for lecture capture
systems in universities, schools, and colleges. Asia-Pacific (APAC) region
is witness to grow at the highest rate due to the increasing government
initiatives for digital education, the surge in online education and the
rise in distance learning courses.
- Vital players in the market are
YuJa Corporation (US), McGraw-Hill Education, Inc. (US), TechSmith
Corporation (US), Cattura Video (US), Crestron Electronics, Inc. (US),
VIDIZMO LLC (US), Qumu (US), UbiCast (France), ShareStream LLC (US),
Polycom, Inc. (US), Kaltura, Inc. (US), Echo360, Inc. (US), Panopto (US),
Sonic Foundry, Inc. (US), VBrick (US) and Cisco Systems, Inc. (US),
Telestream, LLC (US) and among others.
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Capture Systems Market report covered with tables and figures
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Segments covered in the report:
For this report, the market has been divided into segments on the
basis of solutions, services, deployment model and regional analysis.
Global Lecture Capture Systems Market, By Solution (Revenue, USD
Million; 2016–2026)
- Software
- Hardware
Global Lecture Capture Systems Market, By Service Type (Revenue,
USD Million; 2016–2026)
- Professional Services
- Integration and Maintenance
Services
- Training Services
Global Lecture Capture Systems Market, By End-User (Revenue, USD
Million; 2016–2026)
- Educational Institutions
- K-12
- Higher Education
- Corporate
Global Lecture Capture Systems Market, By Deployment Model
(Revenue, USD Million; 2016–2026)
- Cloud
- On-Premises
Global Lecture Capture Systems Market, By Region (Revenue, USD
Million; 2016–2026)
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- APAC
- China
- India
- Latin America
- Brazil
- Middle East & Africa
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Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
News: www.reportsanddata.com/market-news
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