Lecture Capture Systems Market Insights by Leading Companies, Demand Analysis, Future Growth and Revenue Forecast to 2022

(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Oct 07, 2021, 02:34 /Comserve / -- The global lecture capture systems market size is expected to grow from USD 2.24 billion in 2017 to USD 9.39 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 33.19%.

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment. 

The global lecture capture systems market size is expected to grow from USD 2.24 billion in 2017 to USD 9.39 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 33.19%. Growing demand for distance education and increasing government initiatives for promoting digital education are some of the factors driving the growth of the lecture capture systems market. However, the various regulations and policies related to the adoption of lecture capture systems are a few of the restraining factors that may hamper business-critical functions in the lecture capture systems market.

The training services segment is expected to be the fastest growing market segment in the lecture capture systems market during the forecast period. This is because knowledge about handling and managing lecture capture solutions is paramount, and therefore training services are in demand. Lecture capture solution providers offer training services to the end-users for managing their lecture capture systems. These services include training modules about setting up the hardware, installation of the software, and management of the recorded lecture. The professional services segment is expected to hold the largest market share in the lecture capture systems market during the forecast period.

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The Final Report will cover the impact analysis of COVID-19 on this industry: Lecture Capture Systems Market Insights by Leading Companies, Demand Analysis, Future Growth and Revenue Forecast to 2022

Among the solutions, the software solutions segment is expected to grow at a higher rate in the lecture capture systems market during the forecast period. Software solutions are in huge demand, due to their functionalities and easy availability. The software solutions market is driven by the rise in the demand for video lecture solutions among students, growth in distance learning courses across universities, increase in online courses and schools, and proliferation of smartphone and tablets among students and employees.

North America is expected to hold the largest market share in the lecture capture systems market during the forecast period. APAC is expected to have the largest growth rate, as the adoption of lecture capture solutions in APAC is in the nascent phase and is expected to increase at a rapid pace during the forecast period. Australia, New Zealand, and India are the frontrunners in adopting lecture capture solutions. Additionally, the APAC region has the presence of a pool of educational institutes in China, India, Australia, and New Zealand. Rise in online education, growth in distance learning courses, and increasing government initiatives for digital education are the primary factors that have fueled the growth of the lecture capture systems market in this region.

Fill This Form and get the Sample Copy of This Report: 
The Final Report will cover the impact analysis of COVID-19 on this industry: Lecture Capture Systems Market Insights by Leading Companies, Demand Analysis, Future Growth and Revenue Forecast to 2022

In the process of determining and verifying the market size of the several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with the key people. The breakup of the profiles of the primary participants is given below:

• By Company: Tier 1: 27%, Tier 2: 28%, and Tier 3: 45%
• By Designation: C-Level: 28%, Director Level: 30%, and Others: 42%
• By Region: North America: 38%, Europe: 32%, and APAC: 30%

Research Coverage
The global lecture capture systems market has been segmented on the basis of solutions, deployment models, service types, end-users, and regions. A detailed analysis of the key market players has been done to provide insights into their business overview, products and services, key strategies, new product launches, partnerships, agreements, collaborations, expansions, and the competitive landscape associated with the lecture capture systems market.

TABLE OF CONTENTS

1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 MARKET SCOPE 13
1.4 YEARS CONSIDERED FOR THE STUDY 15
1.5 CURRENCY 15
1.6 STAKEHOLDERS 15
2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DATA 16
2.1.1 SECONDARY DATA 17
2.1.2 PRIMARY DATA 17
2.1.2.1 Breakdown of primaries 18
2.1.2.2 Key industry insights 18
2.2 MARKET SIZE ESTIMATION 20
2.3 MICROQUADRANT RESEARCH METHODOLOGY 21
2.3.1 VENDOR INCLUSION CRITERIA 22
2.4 RESEARCH ASSUMPTIONS 22
2.5 LIMITATIONS 22

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