Press release
Learning Management System (LMS) Market - Detailed Analysis of Current and Future Industry Figures till 2025 | Cornerstone Ondemand, Docebo, IBM, Netdimensions, SAP SE, Blackboard, SABA Software, Mcgraw-Hill Education, Pearson, D2L
Learning Management System (LMS) Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period.The learning management system market is flourishing due to the need for LMS in higher education system and rising trend of cloud computing. Implementation of emerging technologies like gamification and virtual reality and development of LMS for students with disabilities will add new opportunities for this market in the long run.
The global learning management system Market is expected to grow from US$ 5.05 billion in 2016 to US$ 18.44 billion by 2025 at a CAGR of 15.52% between 2017 and 2025.
The growing trend of adoption of LMS by the HEOs (Higher education Organization) across the world is different than the adoption trend of colleges and universities. The HEO over past few years have significantly driven the demand for LMS. At present, U.S is the largest adopter of LMS in higher education sector, however Western Europe and other countries of North America are anticipated to gradually increase their demand for cost-effective LMS in the coming years.
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The reports cover key developments in the Learning Management System (LMS) market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Learning Management System (LMS) market are anticipated to lucrative growth opportunities in the future with the rising demand for Learning Management System (LMS) market in the global market.
Key Players Influencing the Market
• Cornerstone Ondemand, Inc.
• Docebo
• IBM Corporation
• Netdimensions Ltd.
• SAP SE
• Blackboard Inc.
• SABA Software, Inc.
• Mcgraw-Hill Education, Inc.
• Pearson Plc
• D2L Corporation
The “Global Learning Management System (LMS) Market Analysis to 2025” is a specialized and in-depth study of the Learning Management System (LMS) industry with a focus on the global market trend. The report aims to provide an overview of global Learning Management System (LMS) market with detailed market segmentation by solution, deployment type, application, vertical and geography. The global Learning Management System (LMS) market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
Besides this, the report analyzes factors affecting Learning Management System (LMS) market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions considered in the Global Learning Management System (LMS) Market report.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Learning Management System (LMS) market based on the type and application. It also provides market size and forecast till 2025 for overall Learning Management System (LMS) market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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Answers that the report acknowledges:
• Market size and growth rate during forecast period.
• Key factors driving the Learning Management System (LMS) Market.
• Key market trends cracking up the growth of the Learning Management System (LMS) Market.
• Challenges to market growth.
• Key vendors of Learning Management System (LMS) Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Learning Management System (LMS) Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.
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