Lecture Capture Solutions include features such as digitization, Meta tagging, analytics, capturing of lectures, creation of content, management, broadcasting, and storage through archiving.
It is being implemented across the online education landscape to supplement learning needs. Lecture Capture records and stores various formats such as videos, audios, and presentations. While it continues to gain immense acceptance in the academic sector, interactive features and the ability to merge presentation content with the trainer's audio and/video has accelerated its acceptance among corporates.
Distance learning has benefited immensely from the advances in the Lecture Capture technology. By combining the best of traditional classroom instructions and online training, Lecture Capture technology is creating immense opportunities for solution providers to expand their reach in new industries and customer segments.
For calculating the revenues from this market, analysts have considered different product types, including the percentage of their market shares by 2019. The Global Lecture Capture Solutions Market is expected to reach US$672.25 billion by 2019, growing at a CAGR of around 20 percent for the forecast period.
Companies either offer subscription-based services or flexibly priced services depending on the size of the audience involved and on the basis of the suitability of the offering. Currently, there are many companies who are offering cloud-based lecture capture technologies. From the hardware perspective, there are players who are manufacturing lecture capture specific equipment’s such as encoders and automatic synchronization equipments.
Based on end-users, the market is segmented into the following categories:
Lecture capture technology is increasingly finding avenues in areas such as government, corporate and healthcare.
The report discusses other organizations involved in education, training and workforce development missions that are also playing a key role in augmenting the market.
Cloud-based Lecture Capture Solutions are in vogue. It is fast emerging as the most preferred form of delivering Lecture Capture Solutions to users. It is widely deployed by the organizations involved in providing online education.
With the advent of new learning methods being put into practice, it is becoming imperative for colleges and universities to have proper course content and technology in place. With this, another trend that is positively impacting the market is the growing phenomenon of digitization in training and education. The Education sector is set to embrace dynamic changes in the way information is shared. In a worldwide trend, the market is witnessing several governments participating in the cause of technology upgrades for improving education. The digitization of education especially in the US is expected to generate exciting revenue opportunities for lecture capture solution providers.
The Corporate sector has also become a major consumer of lecture capture products. This is on account of increased corporate spending on training products where lecture capture devices are being used. MNCs are using lecture videos for training their geographically diverse teams.
The research report outlines the regions to watch out for and the key trends emerging out of those markets along with an analysis of their market shares.
Showcasing the top companies, the report sheds light on their market shares, revenue shares, and key strategies.
The top companies in the Lecture Capture Market are as follows:
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