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Global Lecture Capture Solutions Market 2016-2020 - Market to Grow at a CAGR of 21.77% with Echo360, Panopto, Sonic Foundry & Tegrity Dominating - Research and Markets

[May 31, 2016]

Global Lecture Capture Solutions Market 2016-2020 - Market to Grow at a CAGR of 21.77% with Echo360, Panopto, Sonic Foundry & Tegrity Dominating - Research and Markets

Research and Markets has announced the addition of the "Global Lecture Capture Solutions Market 2016-2020" report to their offering.

The global lecture capture solutions market to grow at a CAGR of 21.77% during the period 2016-2020.

Global Lecture Capture Solutions Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The report covers the present scenario and the growth prospects of the global lecture capture solutions market for 2016-2020. To calculate the market size, it considers the revenue generated by vendors through the sales of lecture capture solutions and related services for a fee or license.

One trend that is having a positive impact on growth is the development in IT infrastructure for education. Over the past few years, various economies have spent heavily on the development of education infrastructure by implementing IT in the education system. Economically developd countries in North America and Europe proactively adopt these facilities because of government initiatives that promote the benefits of digital content in the education system.

Developing countries in APAC and ROW are integrating IT into the education sector by enabling various modern teaching methods. Vendors of lecture capture solutions such as Panopto and Sonic Foundry (News - Alert) get acquainted with schools and other institutions to provide devices and software appropriate to institutions' needs. This is to improve interactive training and enhance learning efficiency.

According to the report, a key growth driver is the intensified demand for distance education. Distance learning offers opportunities for learning to people worldwide, especially those who find it difficult to attend universities because of financial, geographical, or time constraints. Many students prefer distance education courses to traditional education due to the low-cost incurred in traditional education. The distance education also gives students flexibility while learning as they are less bound by time and location.

Further, the report states that one challenge that could hamper market growth is the lack or limited availability of IT infrastructure.

While calculating the revenue generated in the market, the following products were considered:

- Software

- Hardware

Key vendors

- Echo360

- Panopto

- Sonic Foundry

- Tegrity

Other prominent vendors

- Accordent Technologies

- Cisco (News - Alert) Systems