LONDON--(BUSINESS WIRE)--The widespread adoption of e-learning among educational institutions and corporations is promoting the global lecture capture solutions market, which is expected to post a CAGR of 19.45% from 2015-2019, says research firm Technavio.
With constantly evolving scenarios in business and education, the demand for quick and efficient methods to train and learn has increased. Currently, most organizations have adopted some form of e-learning because these systems have proven effective in terms of improving the learner's productivity, quality of work and learning curve.
“Advancements in LMSs and LCMSs, open-source software, digital content, virtual communication platforms and mobile education applications have led to a surge in demand for e-learning,” says Faisal Ghaus, Vice President of Technavio.
The new Technavio report highlights cloud-based lecture capture solutions, which are being widely deployed by online education providers as one of the preferred forms of delivering lecture capture solutions.
“Cloud-based solutions offer superior storage space and, being portable, they can capture lectures from any location and deliver them instantly, which is expected to boost the global lecture capture solutions market in the next five years,” says Ghaus.
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Founded in 2003, Technavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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