North America Lecture Capture System Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028

Analysis – by Component (Hardware, Software, and Services) and End User (Educational Institutions and Corporates)   


No. of Pages: 107    |    Report Code: BMIRE00028077    |    Category: Technology, Media and Telecommunications

North America Lecture Capture System Market
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The North America lecture capture system market is expected to grow from US$ 3,026.74 million in 2022 to US$ 14,840.83 million by 2028. It is estimated to grow at a CAGR of 30.3% from 2022 to 2028.

 

Government Initiatives for Promoting Digital Education is Fueling the North America Lecture Capture System Market

Digital education is a process of learning with the use of digital technologies and tools. It is a learning model that helps students to learn from anywhere in their own space and comfort. Therefore, governments of various countries have initiated programs and digital education guidelines to trigger literacy rates by encouraging people to pursue education. The governments of technologically advanced countries, such as the US, are also devising strategies to promote the growth of digital education. The US Department of Education and the Office of Educational Technology are working on updating and expanding the National Educational Technology Plan (NETP) of the country. The objective of the NETP is to ensure the relevance and usefulness of digital learning platforms for students and learners. It also focuses on encouraging the adoption of new education technology developments in schools and districts across the country to improve education systems in terms of equity and opportunity for all students. Several initiatives to promote the growth of online education are propelling the North America lecture capture system market

 

North America Lecture Capture System Market Overview

 

The North America lecture capture systems market is segmented into the US, Canada, and Mexico. Various companies offer hardware and software solutions that are broadly accepted in the education sector. The rising adoption of e-learning techniques and growing emphasis on efficient learning are boosting the demand for lecture capture systems. Further, the education sector has adopted various learning techniques such as interactive content, video-based learning, and game-based learning and strategies such as the integration of AI in e-learning platforms. The unexpected surge of learners in the e-learning industry has been creating the demand for lecture capture systems in the market for the past few years. Thus, the growing preference for online learning portals and the increasing trend for adopting advanced technologies have increased the demand for lecture capture systems, which is expected to fuel the market growth over the coming years across the region. Moreover, the education sector gained substantial market revenue compared to other industries during the COVID-19 pandemic. Due to the nationwide lockdown across North America, various private and public educational institutions adopted e-learning and conducted online classes and exams remotely. The discontinuation of in-class sessions increased the need for online learning platforms, which boosted the demand for lecture capture systems in North America. Further, numerous companies are offering cost-effective and more efficient hardware and software solutions for content management systems, learning management systems, lecture recording systems, and AI-based advanced recording systems. For instance, in March 2022, Panopto announced the integration of Panopto with Microsoft Teams. This integration enables users to securely search, play, share, and manage their Panopto videos and meeting recordings entirely within Microsoft Teams. Thus, such advancements in lecture capture systems are creating immense opportunities for the vendors in the lecture capture systems market, which is likely to boost the North America lecture capture system market.         

 

North America Lecture Capture System Market Revenue and Forecast to 2028 (US$ Million)

North America Lecture Capture System Market Revenue and Forecast to 2028 (US$ Million)
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North America Lecture Capture System Strategic Insights

Strategic insights for the North America Lecture Capture System provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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North America Lecture Capture System Report Scope

Report Attribute Details
Market size in 2022 US$ 3,026.74 Million
Market Size by 2028 US$ 14,840.83 Million
Global CAGR (2022 - 2028) 30.3%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Component
  • Hardware
  • Software
  • Services
By End User
  • Educational Institutions and Corporates
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • Cisco Systems, Inc.
  • Echo360
  • Epiphan Systems Inc.
  • Haivision Systems Inc
  • Kaltura, Inc.
  • Legrand AV Inc.
  • Panasonic Holdings Corporation
  • TechSmith Corporation
  • YuJa Inc.
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    North America Lecture Capture System Regional Insights

    The geographic scope of the North America Lecture Capture System refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    North America Lecture Capture System Market Segmentation

     

    The North America lecture capture system market is segmented based on component, end user, and country.

     

    Based on component, the North America lecture capture system market is segmented into hardware, software, and services. The hardware segment held the largest market share in 2022. The software segment is further divided into on premise and cloud. Similarly, the services segment is further bifurcated into integration and maintenance services and training services.

     

    Based on end user, the North America lecture capture system market is bifurcated into educational institutions and corporates. The educational institutions segment held a larger market share in 2022.

     

    Based on country, the North America lecture capture system market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US dominated the market in 2022.

     

    Cisco Systems, Inc.; Echo360; Epiphan Systems Inc.; Haivision Systems Inc; Kaltura, Inc.; Legrand AV Inc.; Panasonic Holdings Corporation; TechSmith Corporation; and YuJa Inc. are the leading companies operating in the North America lecture capture system market.

    The List of Companies - North America Lecture Capture System Market

    1. Cisco Systems, Inc.
    2. Echo360
    3. Epiphan Systems Inc.
    4. Haivision Systems Inc
    5. Kaltura, Inc.
    6. Legrand AV Inc.
    7. Panasonic Holdings Corporation
    8. TechSmith Corporation
    9. YuJa Inc. 
    Frequently Asked Questions
    How big is the North America Lecture Capture System Market?

    The North America Lecture Capture System Market is valued at US$ 3,026.74 Million in 2022, it is projected to reach US$ 14,840.83 Million by 2028.

    What is the CAGR for North America Lecture Capture System Market by (2022 - 2028)?

    As per our report North America Lecture Capture System Market, the market size is valued at US$ 3,026.74 Million in 2022, projecting it to reach US$ 14,840.83 Million by 2028. This translates to a CAGR of approximately 30.3% during the forecast period.

    What segments are covered in this report?

    The North America Lecture Capture System Market report typically cover these key segments-

    • Component (Hardware, Software, Services)
    • End User (Educational Institutions and Corporates)

    What is the historic period, base year, and forecast period taken for North America Lecture Capture System Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Lecture Capture System Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in North America Lecture Capture System Market?

    The North America Lecture Capture System Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Cisco Systems, Inc.
  • Echo360
  • Epiphan Systems Inc.
  • Haivision Systems Inc
  • Kaltura, Inc.
  • Legrand AV Inc.
  • Panasonic Holdings Corporation
  • TechSmith Corporation
  • YuJa Inc.
  • Who should buy this report?

    The North America Lecture Capture System Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the North America Lecture Capture System Market value chain can benefit from the information contained in a comprehensive market report.

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