Press release
Asia-Pacific Learning Management Systems Market 2020 - key vendors, growth probability, and future scenario | SumTotal Systems, Inc., Cornerstone OnDemand Inc., Blackboard, Oracle Corporation
The Asia-Pacific learning management systems market is expected to reach $2,884 billion by 2022, growing at a CAGR of 34.2% from 2016 to 2022. In 2014, China dominated the market and contributed more than 26% share of the overall market revenue, followed by Australia. Change in traditional education system and increase in number of start-ups in the e-learning industry in developing countries that sell online courses fuel the market growth.Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.
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The report presents in-depth insights into each of the leading Asia-Pacific Learning Management Systems Market end user verticals along with annual forecasts to 2022. The report provides revenue forecast with sales, and sales growth rate of the global Asia-Pacific Learning Management Systems Market. The forecasts are also provided with respect to the product, application, and regional segments of the market. The forecasts are issued to understand the future outlook and prospects of the industry.
The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
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Key players operating in this market aim to expand their business operations in the emerging countries with acquisition and product launch as their preferred growth strategies. Major players profiled in this report include SumTotal Systems, Inc., Cornerstone OnDemand Inc., Blackboard, Oracle Corporation, and SAP SE.
Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.
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Key Benefits
o The report provides a qualitative and quantitative analysis of the current Asia-Pacific Learning Management Systems Market trends, forecasts, and market size from 2016 to 2022 to determine the prevailing opportunities.
o Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
o Top impacting factors & major investment pockets are highlighted in the research.
o The major countries in each region are analyzed and their revenue contribution is mentioned.
o The market report also provides an understanding of the current position of the market players active in the Asia-Pacific Learning Management Systems Market.
Highlights of the Report
o Competitive landscape of the Asia-Pacific Learning Management Systems Market.
o Revenue generated by each segment of the Asia-Pacific Learning Management Systems Market by 2022.
o Factors expected to drive and create new opportunities in the Asia-Pacific Learning Management Systems Market.
o Strategies to gain sustainable growth of the Industry.
o Region that would create lucrative business opportunities during the forecast period.
o Top impacting factors of the Asia-Pacific Learning Management Systems Market.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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