The lecture capture solutions market size in the US will decrease by USD 234.03 million during 2020-2024, and the market’s growth momentum will decelerate during the forecast period.
This report provides a detailed analysis of the market by end-user (academic and non-academic) and solution (software and hardware). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Cisco Systems Inc., Crestron Electronics Inc., Echo360 Inc., Epiphan Systems Inc., Kaltura Inc., McGraw-Hill Education Inc., Panopto Inc., Plantronics Inc., Qumu Corp., and Sonic Foundry Inc.
What will the Lecture Capture Solutions Market Size in US be in 2020?
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Who are the Major Lecture Capture Solutions Market Vendors in US?
The market is concentrated. The market players are focusing on offering either the software technology or the hardware equipment. The competitive environment in this market will likely intensify further with an increase in product/service extensions, technological innovations, and mergers and acquisitions. Cisco Systems Inc., Crestron Electronics Inc., and Echo360 Inc. are some of the major market participants. Although the emergence of video content search technology will offer immense growth opportunities, the threat from active learning platforms will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this lecture capture solutions market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this lecture capture solutions market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
- Cisco Systems Inc.
- Crestron Electronics Inc.
- Echo360 Inc.
- Epiphan Systems Inc.
- Kaltura Inc.
- McGraw-Hill Education Inc.
- Panopto Inc.
- Plantronics Inc.
- Qumu Corp.
- Sonic Foundry Inc.
What are the Major End-user Segments in the Lecture Capture Solutions Market in US?
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Apart from government agencies, lecture capture solutions are also in demand from organizations in various industries, which are leveraging on the improvement in internet penetration to provide self-paced e-learning courses. However, the extent of demand for lecture capture solutions from the non-academic segment largely varies, as the classroom size of this type of learner population is diverse. In the corporate sector, lecture capture solutions are being employed for video content management in training sessions.
This, in turn, can help companies to streamline employee onboarding, scale corporate training, improve communications, and sales records. Therefore, the growth of the lecture capture solutions market share in the US by the non-academic segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the lecture capture solutions market size.
What are the Major Solution Segments in the Lecture Capture Solutions Market in US?
Lecture capture software solutions are mostly used to capture, manage, and deliver video content. Software is also required to support the lecture capture process through multiple devices, including smartphones, digital cameras, and other handheld devices. Vendors are focusing on the effective delivery of captured videos through sharing and webcasting, and for this, web conferencing software is required. They are also offering to add on software that enables video content searching, video editing, and desktop recording. The growth of the lecture capture solutions market share in the US by the software segment will be significant during the forecast period.
How will Video Content Search Technology Influence Lecture Capture Solutions Market Growth in US?
The video content search technology facilitates end-users to carry out a hassle-free search. The technology can identify scenes, events, locations, and objects featured in online videos. Moreover, in this technology, video is divided and stored as slides, and text data is extracted from the slide images, correlated with slide images, and stored in the database. Many lectures that take place in the corporate firms and government organizations are recoded with the help of various video capturing devices such as video cameras, digital cameras, and smartphones. With this technology, the limitation of the daunting video content search activity can be tackled. Fuji Xerox developed a technology called TalkMiner, which helps students and professionals to search for online archives of video lectures and presentations. Such factors will drive the sales of lecture capture solutions, contributing to market growth.
- Globally, many schools and institutions have adopted e-learning education such as flipped classrooms, which is a combination of both online and offline classes. This method of education has proven effective in terms of improving the learner's productivity, quality of work, and learning curve.
- The rise in enrollments for online courses has become imperative for educational institutions to maintain effective systems to manage students' records and their performance on a real-time basis.
- Advances in technology in lecture capture solutions add to the confidence of learners and encourage them to pursue online education.
- Over 300 instructors at the UMass Amherst in Massachusetts, US, integrated flipped classrooms, using lecture capture tools offered by Echo360 to provide students with a more active learning environment.
- Flipped classrooms involve the delivery of lecture-style video content to students prior to the classroom session.
- The lecture capture solutions market in the US is expected to grow at a CAGR of over 17% during the forecast period.
What are the Key Factors Covered in this Lecture Capture Solutions Market Report of US?
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive lecture capture solutions market growth in the US during the next five years
- Precise estimation of the lecture capture solutions market size in the US and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of lecture capture solutions market vendors in the US
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