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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.
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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:
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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.
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.
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.
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Market Segmentation by Solution
Customer landscape
Vendor Landscape
Vendor Analysis
Appendix
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