It's possible that the program you're using has specific requirements for hardware acceleration, which your current graphics card may not meet. However, a GeForce GT 1030 should be capable of basic screen recording.
Before purchasing a new graphics card, you can try using a different program for screen recording. There are many free and paid screen recording programs available online, so you can try a few and see which one works best for you.
You can also check if your current graphics card has the latest drivers installed, as outdated drivers can cause performance issues. You can visit the website of your graphics card manufacturer to download and install the latest drivers.
If you still encounter problems with screen recording after trying different programs and updating your drivers, then it might be worth considering a graphics card upgrade. However, upgrading your graphics card is an expensive option, so it's best to exhaust all other options first.
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