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Lecture Capture Market to Witness Major Proceeds by High Penetration of Portable Devices Across the World

Author : Ronak Bora | Published Date : 2019-03-15 

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. The software market is driven by the increase in online courses & schools and unparallel growth of distance learning courses across the major universities.

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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 lecture capture market. 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.

High penetration of portable devices across the world is one of the major factors driving the lecture capture market. Many coaching institutes and distance learning colleges, among other educational institutions, are using these systems to increase their reach toward the customers. Coaching institutes and distance learning colleges offer demo lecture videos for free, resulting in the increase in the demand for these solutions. Most of the students are increasingly adopting these solutions owing to the convenience and availability of smart devices to access videos anytime and anywhere.

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One of the major challenges in the adoption of these systems is the increasing instances of the misuse of these systems. Many universities allow students to use portable devices in ongoing classes for academic purposes. During an ongoing lecture, students can use the system to capture the lecture and use it for the commercial purposes without prior permission from the concerned lecturer, thus increasing legal issues arising from copyright infringement and affecting the lecture capture market.

The lecture capture market by end users includes educational institutes and corporates. Corporates are adopting these systems at a high pace as the single system is used to train multiple employees simultaneously and the reach of the training becomes global. Additionally, the content can be broadcast to multiple training batches afterward. This reduces the overall cost of the training incurred by the organizations, leading to the growth of the lecture capture market.

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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.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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