In a recent research report by Maximize Market Research, the North America Lecture Capture Systems Market is expected to surpass US $8.20 billion by the year 2027, from US $2.99 billion in 2020.
North America Lecture Capture Systems Market Trends:
In North America, Companies have worked with edu-tech teams, faculty, and staff for building a lecture capture system that fades in the background. The integration of Information Technology (IT) in the education system and the modernisation of the audio-visual (AV) industry have substantially improved the student learning experience. This will enhance demand for lecture capture solutions in universities and schools in an indirect way. These are the major factors driving the growth in the market during the forecast period 2021-2027.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 15.5%, during the tenure of 2020 – 2027.
United States (U.S.) is expected to dominate the market during the forecast period 2021-2027. The factors driving the growth in the U.S. are the rising demand for distance education and increased government measures to promote digital education. These are the key factor that drives the growth of the U.S. in the market during the forecast period 2021-2027.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of Valve Driverin the region, the Value – Chain analysis, and the PORTER’s analysis for the Valve Drivermarket at a global level.
The study is consolidated on the basis of segments and further into sub-segments by Solution (Hardware, and Software), by Deployment Model (Cloud, and On-premise), by Service (Training services, Installation and integration services, and Professional services), and by End-User (Educational Institutes, and Corporate).
By Solution, Software segment dominates the North America Lecture Capture Systems Market during the forecast period 2021-2027. The factor that drives the growth of the software segment is the rising demand for distant learning courses across colleges. This is the major factor that is expected to drive the segment growth in the North America Lecture Capture Systems market during the forecast period 2021-2027.
Lastly, the market research report provides a regional comparison and a complete country level analysis for the latest trends, along with the major key players – Panopto, Cisco Systems Inc., Sonic Foundry, Echo360, Tegrity, Accordent Technologies, Creston, Dell, Kaltura, MediaCore, OpenEye, Qumu, Mc-Graw Hill Education, Inc., Telestream, VBrick Systems, Lumens Digital Optics, Inc., PowerCreator Info & Tech Co., Ltd., Teltek Video Research, YuJa Corporation, Crestron Electronics, Inc., VIDIZMO LLC, TechSmith Corporation, and Winnov, Inc.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “North America Lecture Capture Systems Market.”
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