Global Lecture Capture Systems Market – Industry Analysis and Forecast (2017-2024)
Global Lecture Capture Systems Market was valued US$ 1.6 Bn in 2016 and is estimated to reach US$ 9.80 Bn by 2024 at a CAGR of about 36.05% during a forecast period.
Authentication Services Market Global lecture capture systems market is segmented by Component, Organization Size, Deployment Type, Vertical, and Geography. Based on the Component, Global lecture capture systems market is divided primarily in hardware and software. In terms of service, global lecture capture systems market is categorized into training services, installation and integration services, and professional services. End-user segment is categories in educational institutes and corporate. By deployment type, Global lecture capture systems market is segmented into a cloud and on premises. Geographically, Global lecture capture systems market is spread by North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Rising demand for distance education, government creativities for promoting digital education, high permeation of handheld devices, and enlarged collaboration between hardware, software, and educational content players are driving the growth in the Lecture Capture Systems Market. Furthermore, the numerous regulations and rules related to the adoption of lecture capture systems are limiting the growth in the lecture capture systems market.
Software segment is expected to grow at a higher rate in the lecture capture systems market during the forecast period. Software solutions are increasing in demand due to its superior functionalities and easy availability. The software solutions provide video lecture solutions by students, resulting in rising in requirement. Advancement in the distance learning courses across universities, a rise in online courses and schools, and the explosion of smartphones and tablets among students and employees are driving the growth in global lecture capture systems market.
The cloud-based lecture segment is estimated to have a larger market share in the lecture capture systems market during the forecast period. Cloud is one effective technology that impacts on global lecture capture systems market. The adoption of cloud-based lecture capture systems has been increasing owing to its feature reliability, scalability, flexibility, speed, and low costs.
The Asia Pacific is expected to reach a high growth rate in global lecture capture systems market. Australia, New Zealand, and India are the leaders in adopting lecture capture solutions owing to the presence of a pool of educational institutes in China, India, Australia, and New Zealand. Increase in demand for online education and growing government initiatives for digital education is increasing the growth in the lecture capture systems market.
Some of the key players in the market include Panopto, Cisco Systems Inc., Sonic Foundry, Echo360, Tegrity, Accordent Technologies, Creston, Dell, Kaltura, MediaCore, OpenEye, Qumu, Mc-Graw Hill Education, Inc., Telestream, VBrick Systems, Lumens Digital Optics, Inc., PowerCreator Info & Tech Co., Ltd., Teltek Video Research, Matrox, UbiCast, YuJa Corp.
The scope of the Global Lecture Capture Systems Market
Market, By Solution
- Hardware
- Software
Market, by Deployment Models
- On-Premise
- Cloud
Global Lecture Capture Systems Market, by Service
- Training Services
- Installation and Integration Services
- Professional Services
Market, by End User
- Educational Institutes
- Corporate
Market, by Geography
- North America
- Europe
- Asia-Pacific
- Middle East & Africa
- Latin America
Key Players Global Lecture Capture Systems Market
- Panopto
- Cisco Systems Inc.
- Sonic Foundry
- Echo360
- Tegrity
- Accordent Technologies
- Creston
- Dell
- Kaltura
- MediaCore
- OpenEye
- Qumu
- Mc-Graw Hill Education, Inc.
- Telestream
- VBrick Systems
- Lumens Digital Optics, Inc.
- PowerCreator Info & Tech Co., Ltd.
- Teltek Video Research
- Matrox
- UbiCast
- YuJa Corp.
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