Learning Management System (Academic and Corporate) Market in Us to Grow at a CAGR of 23.32% During the Period 2016-2020

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Albany, NY -- (SBWire) -- 08/19/2016 --Learning Management System is a software application used to plan, deliver, and manage the learning process. It uses web-based technology to manage, administer, track, report, and evaluate the performance of participants. LMS is widely adopted by corporates and educational institutions, especially for higher education. Substantial cost benefits and increased employee efficiency and productivity have encouraged many companies worldwide to replace traditional forms of learning with LMS. Organizations, especially those with businesses across the world, are increasingly adopting LMS for training their employees.

Technavios analysts forecast the learning management system (academic and corporate) market in US to grow at a CAGR of 23.32% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the learning management system (academic and corporate) market in US for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of LMS and related services for a fee or subscription.

The market is divided into the following segments based on geography by revenue:
Canada
France
Germany
ROW
UK
US

New report, Learning Management System (Academic and Corporate) Market in US 2016-2020, 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 vendors
Adobe Systems
Blackboard
Cornerstone
Oracle
SAP
Skillsoft

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Other prominent vendors
Aptara
Articulate
Desire2Learn
Edmodo
GP Strategies
Haiku Learning
Saba Software
Schoology

Market driver
Acknowledged as core component of e-learning ecosystem
For a full, detailed list, view our report

Market challenge
Inadequate trained personnel for using LMS
For a full, detailed list, view our report

Market trend
Emergence of mobile solutions and applications
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 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?

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View this press release online at: http://rwire.com/716139