Learning Management System (LMS) Market 2018: Global Analysis, Business Strategy, Emerging Technologies, Sales Revenue and Industry Growth with 22% CAGR by Forecast 2023
Pune, India -- (SBWire) -- 07/26/2018 --Market Scenario:
Learning management system is software application which provides infrastructure, tools and context to provide e-learning and training solutions to the organizations and its learners. The learning management system has increase rapidly from the previous years and is estimated to be the growing technology in software industry.
The major factor that drives the growth of Learning Management System Market is increasing e-learning industry, growing cloud computing market, and increasing demand for cost-effective training solution by industries among others.
Globally the market for learning management system market is expected to grow at the rate of more than ~22% from 2016 to 2022.
Key Players for learning Management System Market:
Some of the major players in Global learning management system Market includes Edmodo (California), Blackboard, Inc. (U.S.), IBM corporation (U.S.), SAP SE (Germany), Xerox corporation (U.S.), Oracle Corporation (U.S.), McGraw-Hill Education (U.S.), Cornerstone On demand, Inc. (U.S.), D2L Corporation (Canada), and Saba Software, Inc. (U.S.) among others.
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Industry News
May 18, SkyTouch launches learning management system.
SkyTouch Technology launched the SkyTouch University learning management tool, and enhancements to its SkyTouch customer community. SkyTouch customers can easily customize training modules to educate staff regarding on-property best practices, and processes for achieving key objectives.
May 18, Analytics, BenchPrep Announces Strategic Partnership with AAMC.
BenchPrep's learning platform is designed to help education and training organizations improve and accelerate learner success by streamlining content management, instructional design, educator tools, analytics dashboards, and reporting into one comprehensive solution. By incorporating micro learning and data driven personalization in its learning platform, BenchPrep makes learning engaging, efficient, and effective.
April 18, McGraw-Hill Education Delivers New Game-Based Learning Simulations in Higher Education Course Materials.
McGraw-Hill Education has launched more than 50 game-based learning simulations and scenario-based learning activities to digital course materials for use in Principles of Economics, Introduction to Business, Principles of Marketing and College Success courses. Simulations in McGraw-Hill Connect help students apply knowledge to real-world scenarios and develop critical thinking skills.
May 17, Blackboard Launches New Website Accessibility Solution.
Blackboard Inc. launched Blackboard Ally for Web, leveraging the company's groundbreaking technology to support institutions and organizations looking to improve the accessibility of their public-facing websites. Blackboard Ally first launched as a tool designed to improve the accessibility of digital content within an institution's learning management system (LMS) and K-12 school district websites.
Learning Management System (LMS) Market Global Market - Segmentation
Segmentation by services: content management, performance management, administration, communication & collaboration, and others.
- Segmentation by deployment: on-premise and cloud.
- Segmentation by application: corporate, academics, and others.
- Segmentation by region: North America, Europe, Asia Pacific and rest of the world.
Learning Management System (LMS) Market Global Market - Regional Analysis
The regional analysis of learning management system (LMS) Market is studied for North America, Europe, Asia Pacific and Rest of the World. The educational sector is flourishing in countries such as U.S. and Canada, resulting in the higher adoption of online learning services by universities. This results in the dominance of North America in learning management system (LMS) market. Additionally, higher immigration of students from different developing countries to United States has increased the use of learning management system (LMS) for the purpose of gaining education by online means.
Asia-Pacific is expected to be the fastest growing region for learning management system (LMS) market owing to increased demand by organization for cost-effective learning system to train their employees which would give better ROI in the future. Hence, the key players in the market are constantly innovating and investing in research and development activities in order to create cost-effective product portfolio.
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Target Audience:
- Hardware and software service providers
- Education sector
- System administrators
- Network service providers
- Corporate training
- Government
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