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Learning Management Systems (LMS) Market 2019-2023 Analysis With Growth Opportunities; Key Players - IBM, Saba Software, Cornerstone OnDemand, Pearson, NetDimensions, Xerox, D2L and Blackboard
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One of the major low cost methods to deliver online training programs is cloud computing technology. The system allows the consumers to utilize interactive characteristics such as online training, threaded discussions, discussion forums and video conferencing. With the invention of open source code, learning process has become more affordable for corporate as well as educational organizations, which in turns support in the growth of the learning management systems market.
On the basis of applications, the learning management systems market can be categorized as technology training, distance learning and virtual instructor training. On the basis of user type, the learning management systems market can be categorized as healthcare, higher education, large enterprise, manufacturing, consulting, banking, financial services and insurance (BFSI) industry, government, small and medium enterprises (SME), IT and telecom, and retail.
The North America learning management systems market is expected to dominate in the coming years due to rising collaborations between North American learning management systems providers and various organizations.
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Some of the competitors in the learning management systems market are International Business Machines Corporation, Saba Software, Inc., Cornerstone OnDemand, Inc., Pearson PLC, NetDimensions Ltd., Xerox Corporation, D2L Corporation, Blackboard Inc. and SAP SE.
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