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Global Corporate LMS Market to Grow at a CAGR of 23.73% During the Period 2017 - 2021; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Corporate LMS Market 2017 - 2021” research report to their website


Lewes, DE -- (SBWIRE) -- 02/23/2017 -- Report forecast the global corporate LMS market to grow at a CAGR of 23.73% during the period 2017-2021.

LMS are software applications that are used to plan, deliver, and manage learning process. They use web-based technology to manage, administer, track, and report on the delivery of content, and evaluate the performance of participants. A large number of corporates are widely adopting these solutions due to the substantial cost benefits and proven results of increased efficiency and productivity of employees. These benefits have propelled companies worldwide to completely replace traditional forms of learning with LMS solutions. LMS have become important for organizations that do business around the world because it enables them to train their employees despite geographical location.

The report covers the present scenario and the growth prospects of the global thoracic surgery market for 2017-2021. To calculate the market size, the report considers the revenue generated from the following deployment segments:

- Cloud deployment
- On-premise deployment

The market is divided into the following segments based on geography:
- North America
- Europe

According to the report, the global corporate LMS market is expected to register exponential use of cloud-based LMS. Cost benefits associated with the use of cloud-based LMS is one of the primary factors accounting for this trend. Numerous vendors, including TalentLMS, Haiku Learning, Scholar LMS, and WizIQ, offer cloud-based LMS service. The use of cloud services helps companies reduce cost as they do not require servers to install LMS services. This cloud-based LMS is mainly helpful for the small and mid-size enterprises that lack skilled staff and the expertise in managing the operations.

Further, the report states that LMS providers are facing a threat from open source LMS, which were popular among education institutes. Open source LMS are gaining popularity among corporates because of the cost benefit they offer in comparison with the traditional way of offering these services, which is charging a one-time fee or through subscription.

Global Corporate LMS Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global corporate LMS market: Cornerstone OnDemand, Oracle, SAP, and Skillsoft

Other Prominent Vendors in the market are: Aptara, Articulate, City & Guilds Group, Desire2Learn, Docebo, Saba Software, Schoology, and Tata Interactive Systems

Market driver
- Automating assessment functionalities
- For a full, detailed list, view our report

Market challenge
- Technical constraints to implement LMS
- For a full, detailed list, view our report

Market trend
- Emergence of mobile learning
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 60 pages and 22 Exhibits "Global Corporate LMS Market 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Global corporate LMS market, Market segmentation by deployment, Geographic segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Other prominent vendors, Appendix.

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