The main types of lecture capture systems encompass professional services, integration and maintenance services, and training services. Professional services refer to jobs in service industries that demand advanced expertise in the arts or sciences. Individuals in professions like architecture, accounting, engineering, medicine, law, and education typically require professional degrees or licenses, coupled with specialized skills. Lecture capture systems can be deployed on-premises or in the cloud, utilizing hardware and software solutions. They find applications in educational institutions at various levels, including K-12 and higher education, as well as in corporate settings.
The lecture capture systems market research report is one of a series of new reports that provides lecture capture systems market statistics, including lecture capture systems industry global market size, regional shares, competitors with a lecture capture systems market share, detailed lecture capture systems market segments, market trends and opportunities, and any further data you may need to thrive in the lecture capture systems industry. This lecture capture systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The lecture capture systems market size has grown exponentially in recent years. It will grow from $9.31 billion in 2023 to $12.35 billion in 2024 at a compound annual growth rate (CAGR) of 32.7%. The growth observed during the historic period can be attributed to several factors, including the increased importance of distance education, a growing demand for blended learning approaches, the desire for flexibility among faculty and students, the need for reviewing and revising course materials, and a heightened focus on lifelong learning.
The lecture capture systems market size is expected to see exponential growth in the next few years. It will grow to $37.69 billion in 2028 at a compound annual growth rate (CAGR) of 32.2%. The anticipated growth in the forecast period can be attributed to the increasing demand for asynchronous learning, adoption in K-12 education, the enhancement of accessibility features, the proliferation of collaboration tools, and a continued focus on user-friendly interfaces. Major trends expected in the forecast period include a heightened focus on inclusive design, integration with learning experience platforms (LXPs), the adoption of flexible licensing models, the utilization of cloud-based lecture capture solutions, and the development of microlearning modules.
The surge in online education is poised to drive the expansion of the lecture capture systems market. Online education, encompassing various forms such as computer-based training, web-based training, internet-based training, online training, e-learning, m-learning, and computer-aided distant education, is a mode of learning where students leverage the internet for education from their home computers. In 2022, top online learning platforms include Linkedin Learning (Lynda), Udemy, Coursera, Skillshare, edX, among others, with around 40% of Fortune 500 organizations using online learning for employee training. The United States alone contributes over 31% of the global spending on mobile learning. This upswing in online education and the prevalence of e-learning platforms are key drivers fueling the growth of the Lecture Capture Systems market.
The globalization of education is expected to be a significant catalyst for the growth of the lecture capture systems market. This phenomenon involves the increasing interconnectedness and integration of education on a global scale, fostering the exchange of educational ideas, practices, and resources across national borders. Educational institutions are leveraging this trend to reach a broader and more diverse audience. The demand for tools like lecture capture systems has intensified to facilitate learning for a geographically dispersed student body. For instance, in 2022, the Global Partnership for Education reported that a majority of partner nations either met the 20% spending level or increased their spending on education, underscoring the role of globalization in driving the lecture capture systems market.
Innovative technological developments in lecture capture systems software are reshaping the lecture capture systems market. This trend involves the discovery of knowledge that advances technology, and companies in the lecture capture market are actively following this trajectory. For instance, in 2022, Panasonic, a Japanese multinational conglomerate, introduced an all-in-one lecture capture and auto-tracking solution aimed at enhancing data sharing and collaboration. Leveraging Panasonic's Pan-Tilt-Zoom (PTZ) cameras with face auto-tracking capability, this solution merges auto-tracking server packages with lecture capture material and video management systems.
Major companies in the lecture capture systems market are driving innovation by introducing new technologies, such as lecture capture and auto-tracking solutions, to enhance their market competitiveness. A lecture capture and auto-tracking solution is a technology platform that combines the functionalities of recording lectures and automatically tracking the movement of presenters or objects within a learning environment. For example, in February 2022, Panasonic launched a lecture capture and auto-tracking solution offering benefits for educators and learners in diverse educational settings, from effectively capturing presentations for remote participants to facilitating clear views of practical demonstrations in subjects like science.
In April 2021, Panopto, an American-based software company, acquired Ensemble Video for an undisclosed amount. This acquisition granted Panopto access to Ensemble Video's video management software, strengthening its capabilities to address the needs of K-12 educators and expanding its technical staff. Ensemble Video, a US-based video platform software company, specializes in lecture capturing.
Major companies operating in the in the lecture capture systems market report are Kaltura Inc., Echo360 Inc., Panopto Inc., Sonic Foundry Inc., Vbrick, YuJa Corporation, McGraw-Hill Education Inc., Crestron Electronics Inc., VIDIZMO LLC, UbiCast Solutions, Epiphan Systems Inc., OpenEye Scientific Software Inc., Tegrity Inc., PowerCreator Info & Tech Co Ltd., Winnov Inc., Lumens Digital Optics Inc., Matrox Graphic Inc., HABOOK Information Technology Inc., TechSmith Corporation, Telestream LLC, Qumu Corporation, ShareStream LLC, Polycom Inc., TELTEK Video Research, Avaya Inc., Alvaria Inc., Calabrio Inc., Genesys Telecommunications Laboratories Inc., IBM Corporation, Verint Systems Inc., Nice Systems Ltd, Nuance Communications Inc., OpenText Corporation, Oracle Corporation, Pegasystems Inc.
North America was the largest region in the lecture capture system market in 2023. The regions covered in the lecture capture systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the lecture capture systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The lecture capture systems market includes revenues earned by entities by providing services such as infrared scanning, resistive touch, and electromagnetic or ultrasonic markers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Lecture Capture Systems Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on lecture capture systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description:
Where is the largest and fastest growing market for lecture capture systems? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
- Markets Covered: 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 End User: Educational Institutions; K-12; Higher Education; Corporate
- Companies Mentioned: Kaltura Inc.; Echo360 Inc.; Panopto Inc.; Sonic Foundry Inc.; Vbrick
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Kaltura Inc.
- Echo360 Inc.
- Panopto Inc.
- Sonic Foundry Inc.
- Vbrick
- YuJa Corporation
- McGraw-Hill Education Inc.
- Crestron Electronics Inc.
- VIDIZMO LLC
- UbiCast Solutions
- Epiphan Systems Inc.
- OpenEye Scientific Software Inc.
- Tegrity Inc.
- PowerCreator Info & Tech Co Ltd.
- Winnov Inc.
- Lumens Digital Optics Inc.
- Matrox Graphic Inc.
- HABOOK Information Technology Inc.
- TechSmith Corporation
- Telestream LLC
- Qumu Corporation
- ShareStream LLC
- Polycom Inc.
- TELTEK Video Research
- Avaya Inc.
- Alvaria Inc.
- Calabrio Inc.
- Genesys Telecommunications Laboratories Inc.
- IBM Corporation
- Verint Systems Inc.
- Nice Systems Ltd
- Nuance Communications Inc.
- OpenText Corporation
- Oracle Corporation
- Pegasystems Inc.
Methodology
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