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Learning Management System Market Estimated to Witness a CAGR of 23% By 2026 Latest Research By Coherent Market Insights
The global learning management system market was valued at US$ 5,100 million in 2016 and is estimated to witness a CAGR of 23% during the forecast period (2016 – 2025).The increasing adoption of virtual reality and gamification technology in various industries has become the key driver promoting growth of the global learning management system market. Moreover, the increasing implementation of bring your own device (BYOD) culture by various larger scale industries has also played a major role in the contribution of growth for learning management system market globally.
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Market Taxonomy
This report segments the global learning management market on the basis of deployment model, application, delivery mode, user type, verticals and geography. For comprehensive understanding of market dynamics, the market is analyzed across key geographical regions namely North America, Europe, Asia Pacific, Latin America, Africa, and Middle East. Each of these regions is analyzed based on the market findings across major countries in these regions for a macro-level understanding of the market.
Key companies covered as a part of this study include Cornerstone Ondemand Inc., Xerox Corporation, IBM Corporation, Netdimensions Ltd., SAP SE, Blackboard, Inc., SABA Software, Inc., Mcgraw-Hill Companies, Pearson PLC, and D2L Corporation
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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