Lecture Capture Market in U.S. Region is Projected to Hold the Majority Share By 2024 | Key Players Creston Electronics, Cisco, Kaltura, Dell, Mediacore, Haivision, Mcgraw-Hill Education, Echo360, Panopto, Crestron Electronics, ShareStream

Global Market Insights, Inc. recently introduced new title on 2017-2024 lecture capture Market Report from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2024.
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.

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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.

Lecture Capture Market 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.

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The issues regarding the storage of data will hinder the lecture capture market growth. High-capacity storage is required for these systems as these generate a large amount of data on a daily basis. This becomes a challenge for entry-level companies as the fixed cost increases. Furthermore, buying high-capacity storage for the data is an expensive alternative. Growing adoption of cloud-based systems will help the companies tackle the data storage and costs issues. For instance, Echo360 has launched cloud-based systems, which are faster, better, and 89% cheaper.
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.

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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. Companies are innovating products to maximize the user experience. Kaltura has launched a new video technology in the lecture capture market, which is compatible with any hardware and fully integrated with the previously launched video solution of the company, making it easier to adopt new technologies with ease.

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