Learning Management System (LMS) Market 2018 Global Leaders: Saba Software, Cornerstone On demand, Oracle, Xerox, SAP SE, Blackboard, Edmodo, D2L Corporation

Market Research Future published a research report on “Learning Management System Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Learning Management System Global Market – Overview

The Global Learning Management System Market is growing with the rapid pace. According to a recent study report published by the Market Research Future, The global market of Learning Management System will grow moderately over the forecast period. The market is forecasted to witness slow but steady growth by 2022, which will be a surplus growth at a moderate CAGR during the projected period (2016 -2022).

The Learning Management System Market is driven by the factors such as 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. Furthermore, the growing technology in software industry which is boosting the market growth. On the other hand, high speed internet connectivity is one of the major factors likely to pose challenges to the Market Growth. Some predominant trends such as eLearning Management System and smart devices are propelling the Learning Management System market growth to the large extent.

With the adoption of Artificial Intelligence and Business Intelligence which is integrated with the Learning Management System. The cloud based learning is gaining momentum in the forthcoming years which is propelling the market growth to the large extent. The business intelligence are integrated with Learning Management System which is helpful in analysing distance learning such as correspondence, video, satellite broadcasts, or e-Learning. The learning management system via eLearning based can benefit by increases competences of all participants with high effective knowledge transfer, provide training for distributed staff, exchange of e-learning experiences and building knowledge base, simplify the skills-gaps detection and 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.

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.

Learning Management System Market – Segmentation

The Global Learning Management System Market is segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;

• Segmentation By Services: Comprises content management, Performance management, administration, communication & collaboration among others.
• Segmentation By Deployment: Comprises Cloud and on-premise.
• Segmentation By Application: Comprises Corporate, and academics among others.
• Segmentation By Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.

Regional Analysis of Learning management system Market:

North-America is the largest market for the global learning management system market riding on increasing awareness, growing adoption and demand of learning management system. U.S. is expected to be the largest market in North America. Europe is expected to be the second largest market due to developed economy, growing demand, excellent infrastructure and others. The European market is expected to be led by Germany, France, and others. However Norway, Finland, Iceland and other Scandinavian regions are expected to be the fastest growing markets due to the highest computer literacy rates.

Asia-Pacific is anticipated to be the fastest growing region due to huge demand created by growing population, increasing standards of education, growing adoption of computer systems and others. China and India are expected to be the leaders in the market due to their sheer population sizes. Japan is expected to be the largest market in the Asia-Pacific region. Vietnam and South Korea are another fast growing markets to watch for due to the fast expanding communication technologies.

The Middle East and African market has the highest unmet needs due to less awareness which needs to be tapped. The Gulf nations are another market that has been not been adequately tapped. The Middle East and African market is expected to be led by the Gulf nations such as Saudi Arabia, UAE, Kuwait and others. Lack of I.T. policies and laws are hampering the market in these regions.

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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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