Press release
Lecture Capture Systems Market Share, Growth Analysis, Key Drivers And Forecast To 2032
Lecture Capture Systems Market Analysis
The Business Research Company's Lecture Capture Systems Global Market Report 2023 identifies rise in online education as the major driver for the lecture capture systems market's growth in the forecast period. Online education is a type of education in which students utilize the internet to learn from their home computers. Computer-based training, web-based training, internet-based training, online training, e-learning (electronic learning), m-learning (mobile learning), and computer-aided distant education are driving the lecture capture systems market.
The global lecture capture systems market size grew from $7.18 billion in 2022 to $9.51 billion in 2023, at a compound annual growth rate (CAGR) of 32.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The lecture capture systems market size is expected to grow to $29.89 billion in 2027 at a CAGR of 33.1%.
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Major competitors in the lecture capture systems market are Kaltura Inc., Echo360 Inc., Panopto, Sonic Foundry Inc., Vbrick, YuJa Corporation, McGraw-Hill Education Inc., Crestron Electronics Inc.
A key trend in the lecture capture systems market includes innovative technological developments. Innovative technological developments are a discovery of knowledge that advances technology and it is the trend that is followed by the companies in the lecture capture market. For instance, in 2022, Panasonic, a Japanese multinational conglomerate company launched an all-in-one lecture capture and auto-tracking solution to improve data sharing and collaboration. The new solution provides a high-quality, multi-source experience that is adaptable to high-flexibility educational and business settings. The solution makes use of Panasonic's Pan-Tilt-Zoom (PTZ) cameras' face auto-tracking capability by merging auto-tracking server packages with lecture capture material and video management systems.
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The lecture capture systems market is segmented -
1) By Service Type: Professional Services, Integration And Maintenance Services, Training Services
2) By Deployment Model: On-premises, Cloud
3) By Solution: Hardware, Software
4) By User: Educational Institutions, K-12, Higher Education, Corporate
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the lecture capture systems market.
The Business Research Company's "Global Lecture Capture Systems Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Lecture Capture Systems Market Include:
1. Executive Summary
2. Lecture Capture Systems Market Characteristics
3. Lecture Capture Systems Market Trends And Strategies
4. Lecture Capture Systems Market - Macro Economic Scenario
5. Lecture Capture Systems Market Size And Growth
……
26. Africa Lecture Capture Systems Market
27. Lecture Capture Systems Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Lecture Capture Systems Market
29. Lecture Capture Systems Market Future Outlook and Potential Analysis
30. Appendix
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