Press release
Learning Management System Market in Corporate Industry: Adobe Systems, Blackboard, CrossKnowledge, Growth Engineering, IBM, iSpring Suite, Oracle, SAP
Market Scenario
Corporate learning management systems provide end to end customization and support for making web portals and training modules to improve learning skills through online tools. Primarily, the corporate learning management systems are used in large enterprises. Corporate LMS has been gaining pace across several industry verticals such as IT & telecom, healthcare, government, and defense among others. Continuous innovation in e-learning tools, growing emphasis on continuous learning, and increasing trend of BYOD and enterprise mobility are a few drivers fueling the growth of the corporate learning management system market.
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Major Key players:
Absorb Software (Canada),
Adobe Systems (US),
Blackboard Inc. (US),
CrossKnowledge (US),
D2L (Canada),
Growth Engineering (UK),
IBM Corporation (US),
iSpring Suite (US),
Oracle Corporation (US),
SAP SE (Germany) among others.
Other players in market include Cornerstone OnDemand (US), Tata Interactive Systems (India), Upside Learning (India), Epignosis (US), Geenio (Cyprus), Instructure Inc. (US), G-Cube (India), Docebo LMS (Canada), Saba Software (US), Expertus inc. (US), LearnUpon (Ireland), Mindflash Technologies Inc. (US), SumTotal Systems (US), Cypher Learning (US), Latitude CG (US), and Schoology Corporation (US) among others.
Segmentation
By component, the market is segmented into solutions and services. The solutions are sub-segmented into standalone solution and integrated solution. The services are further sub-segmented into consulting services, implementation services, and support services.
By delivery mode, the market is segmented into distance learning, instructor-led training, and blended learning.
By organization size, the market is segmented into large enterprises and small and medium scale enterprises (SME’s).
By deployment type, the market is segmented into on-premises and cloud.
By vertical, the market is segmented into BFSI, IT & telecom., healthcare, retail, manufacturing, government & defense, and others.
Regional Analysis
The global market for corporate learning management system is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of corporate learning management market is studied for North America, Europe, Asia-Pacific, and the rest of the world.
Asia-Pacific is expected to grow at a faster rate in corporate learning management system market during the forecast period. High customer base and diversified countries in the field of IT & telecom is expected to drive the corporate learning management system market in the Asia-Pacific region. The growth of Asia-Pacific is primarily dependent on the presence of major IT companies that develop technologies related to corporate LMS (Learning Management System).
North America is expected to dominate the corporate learning management system market during the forecast period. Technical advancements in learning methods and increasing adoption of e-learning tools are expected to grow the corporate learning management system market in the North American region.
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Intended Audience
• Corporate LMS vendors
• Learning hardware and service providers
• Software providers
• eLearning course providers
• System integrators
• System administrators
• Internet Service Providers (ISPs)
• Corporate trainers
• Compliance regulatory authorities
• Cloud Service Providers (CSPs)
• Government authorities
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