Sonic Foundry, Inc. (US) and Panopto (US) are the Key Players in the Lecture Capture Systems Market
The lecture capture systems market includes lecture capture hardware and software solutions that are provided by vendors and companies to colleges, universities, and enterprises. Lecture capture systems help teachers, instructors, and students record the events happening in a classroom or conference room and distribute it over digital media. End-users can access the recorded content via web and mobile platforms. The lecture capture systems market has been segmented on the basis of solutions, service types, end-users, deployment models, and regions. MarketsandMarkets forecasts the global lecture capture systems market 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, government initiatives for promoting digital education, high penetration of handheld devices, and increased collaboration between hardware, software, and educational content providers are some of the driving forces in the lecture capture systems market.
The key players in the lecture capture systems market include Kaltura, Inc. (US), Echo360, Inc. (US), Panopto (US), Sonic Foundry, Inc. (US), VBrick (US), YuJa Corporation (US), McGraw-Hill Education, Inc. (US), Crestron Electronics, Inc. (US), VIDIZMO LLC (US), UbiCast (France), Telestream, LLC (US), Qumu (US), TechSmith Corporation (US), Cattura Video (US), ShareStream LLC (US), Polycom, Inc. (US), Cisco Systems, Inc. (US), TELTEK Video Research (Spain), Epiphan Systems, Inc. (Canada), PowerCreator Info & Tech Co., Ltd. (China), Winnov, Inc. (US), Lumens Digital Optics, Inc. (Taiwan), Matrox (Canada), and HABOOK Information Technology, Inc. (Taiwan). These players have adopted various strategies, such as new product developments, acquisitions, partnerships, agreements, collaborations, and business expansions, to cater to the lecture capture systems market.
Sonic Foundry is one of the leading vendors providing video capture management and webcasting solutions. The company offers business solutions to a vast clientele spread across the globe in the regions of the US, Europe, Middle East, and APAC. It focuses on strengthening its expertise in the lecture capture systems market by targeting specific industries. To do so, Sonic Foundry is actively undertaking acquisitions, strategic partnerships, and collaborations with significant industry players. The company has partnered with leading Learning Management System (LMS) providers, including Canvas, Blackboard, Brightspace, Moodle, and Sakai, to provide a centralized platform for authorized faculties and students for recording, publishing, and watching video content from anywhere, anytime.
Panopto is one of the prominent vendors offering video platforms for training, teaching, and presentation purposes. Panopto’s products and solutions are used by businesses and educational institutes alike. The company strives to strengthen its video platform offering in the lecture capture systems market by undertaking acquisitions, strategic partnerships, and collaborations with major industry players and educational institutions for integrating its video platform with their LMS, Content Management System (CMS), and enterprise portals. In June 2017, Panopto extended its partnership with Crestron to integrate Crestron’s control system with its video content management system.
Related Reports:
Lecture Capture Systems Market by Solution (Hardware and Software), End-User (Educational Institution and Corporate), Service Type (Professional, Training, and Integration & Maintenance), Deployment Model, and Region - Global Forecast to 2022
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