Learning Management System Market : Production, Sales And Consumption Status And Prospects

A learning management system (LMS) is a software solution which is used for the reporting, tracking, documentation, administration, training programs and delivery of educational courses. The learning management system venders are focused on providing online courses and various hybrid courses such as flipped classrooms and blended learning. The LMS also manages instructional content, online course administration and assessment of student work have increased the demand for LMS in academics. Moreover, the LMS are also adopted by corporate bodies for training purpose. The implementation of training management system helps to manage instructor-led training and learning records store to store and track the data.

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Can the country of specific interest be added?
Currently, the research report pays particular attention to the following regions:
North America (United States, Canada, Mexico), Europe (Germany, United Kingdom, France, Italy, Russia, Spain, etc.), South America (Brazil, Argentina, etc.) and Middle East and Africa (Saudi Arabia, South Africa, etc.)

Can we add or profile a new company according to our needs?
Yes, we can add or profile a new company according to customer needs in the report. Final confirmation should be provided by the research team depending on the difficulty of the investigation.

The main key players in the industry are-
Cipher Cloud Inc. (U.S.), Hytrust Inc. (U.S.), Gemalto N.V. (the Netherlands), IBM Corporation (U.S.), Secomba GmbH (Germany), Sky-high Networks Inc. (U.S.)., Sophos Group Plc. (U.K.), Vormetric (U.S.), Boxcyrptor (U.S.), Viivo, Wave System, Symantec Corporation (U.S.), and Thales e-Security Corporation (France).

Increasing adoption of wearable devices provides growth opportunity for the market:

The increasing sales of wearable devices has become one of the key drivers for the growth of the learning management system market globally. According to Coherent Market Insights, over 275 million wearable devices were sold in 2016, from 232 million devices in 2015 and is expected to reach up to the sales of 323 million by 2017. Wearable devices are used in organizations, with the help of which employees are able to see three dimensional examples of products, view it from different angles, and tap on different elements of the product to view its benefits. This helps employees acquire in-depth knowledge about various products, further helping them provide the information to their customers and seal the deal, in turn fulfilling their job duties.

Implementation of virtual reality technology and gamification provides advanced features to the learning management system market:

The learning management system products have integrated with new innovative technologies such as gamification and virtual reality enabling in its wide adoption in the market. Gamification provides a platform to maximize entertainment and engagement of the learners by capturing their interest and motivating them to continue learning. Additionally, gamification learning offers opportunities for collaborative problem solving and social connection, making learning more fun compared to conventional learning methods.

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