Lecture Capture Market Growth and Trends By Key Players 2024: Accordent Technologies, Creston Electronics, Cisco Systems, Kaltura, Dell, Mediacore, Haivision, Mcgraw-Hill Education, Echo360

Market Overview: -

Lecture Capture Market size is anticipated to grow due to the increasing adoption of e-learning activities. These activities appeal to a broad set of audience as online learners engage in interactive and entertaining e-learning activities when it fits into their schedules. Students are accessing video streaming websites for learning due to the increased internet speed over the past few years. Moreover, visually appealing e-learning infographics, e-learning scenarios & simulations, group collaboration e-learning projects, and large amounts of data available for each stream of education are driving the adoption of e-learning activities, propelling the growth of the lecture capture market.

High penetration of portable devices across the world is one of the major factors driving the lecture capture market. Many coaching institutes and distance learning colleges, among other educational institutions, are using these systems to increase their reach toward the customers. Coaching institutes and distance learning colleges offer demo lecture videos for free, resulting in the increase in the demand for these solutions. Most of the students are increasingly adopting these solutions owing to the convenience and availability of smart devices to access videos anytime and anywhere.

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Top Key Players: -

Players in the lecture capture market are Accordent Technologies, Creston Electronics, Cisco Systems, Kaltura, Dell, Mediacore, Haivision, Mcgraw-Hill Education, Inc., Echo360, Inc., Panopto, YuJa Corporation, Crestron Electronics, Inc., ShareStream LLC, Polycom, Inc., Lumens Digital Optics, Inc., Matrox, HABOOK Information Technology, Inc., Lumens Digital Optics, Inc.

Market share calculation in this report is not done based on companies covered in it. The calculation of lecture capture market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

The U.S. lecture capture market is projected to hold the majority share during the forecast period due to the convergence of IT in the education system coupled with the modernization of the audio-visual industry. These developments have significantly improved the learning experience of the students in the region. Additionally, the U.S. has always been the leading player in the adoption of new technologies, making the country a prominent lecture capture market.

Rising online education, increasing government initiatives, and growth in distance learning courses in countries including China and India are expected to accelerate the Asia Pacific lecture capture market growth. The government initiatives for the integration of the technology play a vital role in the growth of the industry. In developing countries, digital education facilities have just started to penetrate into the rural areas, where teachers are not ready to teach owing to the lack of facilities and lesser pay. Hence, the government has launched initiatives to promote digital education, so that children in the remote areas receive the necessary education. For instance, the government of India has launched four initiatives to promote e-learning, which include Swayam, Swayam Prabha, National Academic Depository, and National Digital Library.

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The lecture capture market is characterized by the presence of hardware and software components. Hardware components include cameras, microphones, recording system, and learning management systems. The hardware segment is anticipated to grow owing to the high usage of tablets and smartphones among students and enterprise workforce. The software segment is projected to show a significant market growth during the forecast period as the purchase of hardware is a one-time fixed investment, but software needs the upgrading and maintenance. The software market is driven by the increase in online courses & schools and unparallel growth of distance learning courses across the major universities.

The lecture capture market by end users includes educational institutes and corporates. Corporates are adopting these systems at a high pace as the single system is used to train multiple employees simultaneously and the reach of the training becomes global. Additionally, the content can be broadcast to multiple training batches afterward. This reduces the overall cost of the training incurred by the organizations, leading to the growth of the lecture capture market.

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