Research Reports
Lecture Capture Systems Market Size, DROT, Porter’s, PEST, Region & Country Revenue Analysis & Forecast Till 2027
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…
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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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Key participants include
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.
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.
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For this report, Reports and Data have segmented into the global Lecture Capture Systems market on the basis of resin type, composite phases, industry vertical, and region:
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
Corporate
Global Lecture Capture Systems Market, By Deployment Model (Revenue, USD Million; 2016–2026)
Cloud
On-Premises
Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
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The post Lecture Capture Systems Market Size, DROT, Porter’s, PEST, Region & Country Revenue Analysis & Forecast Till 2027 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
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