Smart Lecture Capture System Market Trends
                     Market Highlights 
The smart lecture capture system market 2020 can reach close to USD 10 billion by 2023-end, 
asserts Market Research Future (MRFR). The market growth seems promising as it can achieve a 
growth rate of 26% between 2017 and 2023 (appraisal period). We will provide COVID-19 impact 
analysis with the report, offering detailed market developments following the coronavirus disease 
outbreak. 
Key Drivers and Main Challenges  
The COVID-19 outbreak has had a devastating effect on the world economy. Although MNCs and 
businesses worldwide have been quick to adapt to the lockdown due to the pandemic, it has been 
quite taxing for the education sector. With the large-scale disruption across the globe, concerned 
authorities and government agencies are trying to reinvent the overall education system, which has 
boosted the importance of smart lectures and in turn, smart lecture capture systems. It is apparent 
that the traditional ways of conducting lectures will not help in these challenging times. 
SARS-CoV-2 has given rise to various opportunities, in terms of the growing need to improve the 
education infrastructure. A number of EdTech vendors are seeing the novel coronavirus as an 
opportunity to encourage schools and colleges to come on the digital platform. Smart education 
system has become the latest norm, with various tertiary institutions, workforce training and 
schools adopting the latest technologies such as smart lecture capture system for collaborative 
technologies, better learning programs, online learning sources and digital learning resource, to 
name a few. Many of the key firms are launching new apps and services that boost the appeal of 
smart lecture capture systems across the education industry. For instance, in June 2020, Sonic 
Foundry launched its latest app called Mediasite Mosiac that helps monitor and capture recordings 
from Microsoft Teams, Zoom, and other web and video conference systems coupled with create video 
communications. 
The surge in collaborations between educational content vendors and hardware firms, 
technological evolvements, rising popularity of distance education and the rise in government 
initiatives have also been favorable for the global market. The market is also bolstered by the 
mounting use of handheld devices and the surge in corporate training for employees worldwide. 
The increasing efforts given by governments to modify the education industry also supports the 
smart lecture capture system market to a large extent. 
Segmentation: 
The smart lecture capture system market trends have been studied extensively by segmenting it 
into component, deployment, service type as well as end-users.  
The segments depending on component include hardware as well as software.  
The key deployment-based market sections are cloud and on-premise. 
With respect to the service type, the primary segments are maintenance, professional and training. 
The main end-users profiled in the study are corporate, educational institutes, and more.  
Regional Study  
The smart lecture capture system market share is spread across North America, Asia Pacific/APAC, 
Europe, and RoW or Rest of the World. 
The North American market for smart lecture capture system has emerged as the most profitable, 
thanks to the high uptake of handheld devices, frequent technological development and the fast 
consumption of advanced and new technologies. The vast and well-developed educational 
infrastructure including laptops, e-books, and more across the United States as well as Canada also 
adds to the industry momentum in the region. 
Europe is another highly lucrative market, considering the massive spending on the modernization 
of the education industry in France, Italy and more. The advancements in AV/Audio Visual and the 
rising integration of IT to enhance the education system and ultimately the learning experience can 
be favorable for the European market. 
The APAC market promises attractive opportunities to the players since various emerging countries 
here are investing considerably in the development of the education sector. The smart lecture 
capture system industry in the region also benefits from the surge in online education, mounting 
number of distance learning courses, and the strong government support for digital education. 
Renowned Market Firms  
Renowned market firms acknowledged in the MRFR study are UbiCast (France), Echo360, Inc. (US), 
Sonic Foundry, Inc. (US), McGraw-Hill Education, Inc. (US), Cisco Systems Inc. (US), VBrick (US), 
Crestron Electronics, Inc. (US), Telestream, LLC (US), Panopto (US), Kaltura, Inc. (US), to mention a 
few.