Press release
Learning Management Systems Market Size 2022 CAGR Status, Share, Growth Prospects, Type, Manufacturers, Segments, Development Trends
MarketIintelligenceData recently published a research report called Learning Management Systems Market. Primary and secondary research methods were used to construct this report. The Analysis was derived using history and predictions. The report includes an in-depth study of geographic regions, revenue forecasts, segmentation, and market share.The global Learning Management Systems Market is expected to flourish in terms of volume and value over the forecast period. The report provides an understanding of the various drivers, threats, opportunities, and limitations of the market. Analysts have used SWOT and Porter’s Five Forces Analysis to determine the impact of these factors on market growth during the forecast period.
The Global Learning Management Systems Market Size is Projected to Reach at a CAGR of 19% during 2022-2027.
Market Overview
The adoption of BYOD policies by corporates is driving market growth. Globally, organizations are opting for e-learning services for educating and training their employees owing to the incurring expenses of the traditional teaching methods. The increased compatibility of learning management systems with mobile devices and social learning have mandated the corporates to adopt BYOD culture.
As e-learning is evolving, there is a need for a skilled workforce to further develop the services and tools. In a report titled 'The Future of Jobs 2018', the World Economic Forum (WEF) said around 54 % of the global workforce had to be re-skilled or up-skilled to work in disruptive and digital technologies spawning the virtual world.
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Global Learning Management Systems Market Analysis Report Top Companies:
IBM Corporation, SAP SE, Xerox Corporation, NetDimensions (Holdings) Limited, Blackboard, Cornerstone OnDemand, McGraw-Hill Education, Pearson PLC
Recent Development:
May 2019 - D2L introduced 'Indigo', the latest version of its Brightspace learning platform which empowers employees to take control of their own learning paths in a competitive global economy.
March 2019 - Blackboard announced that the University of Ferrara (Unife) implemented Blackboard Collaborate to enhance its online teaching and learning offering. Through Blackboard Collaborate, Unife is providing up to 13 virtual classrooms every day, for a total of 70 hours of online lessons.
February 2019 - McGraw-Hill launched SmartBook 2.0 as a major enhancement of its market-leading McGraw-Hill Connect learning platform. It is an adaptive learning engine, which helps students to achieve at higher rates.
Learning Management Systems Market Segmentation by Type:
Cloud Based Services
On-Premise
Learning Management Systems Market Segmentation by Application:
BFSI
Government
Healthcare
Retail
Manufacturing
IT & Telecommunications
Consulting
Others
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North America to Witness Highest Growth
The driving factor for the growth of the LMS market in North America is the presence of LMS platform pioneers like Docebo and iSpring, which are successful in offering their services to big and SMEs.
The 2017 UNESCO report on mobile learning initiatives and policy implications in America indicated that mobile learning efforts in Canada and the United States are generally schools or district-led.
Samsung’s North American Regional Head Office, in collaboration with Discovery Education, an NGO dedicated to coding education, offers an extra-curricular program to fourth and fifth-grade girls. Offering a wide range of hands-on computer programming and electronic training activities, emPOWER Tomorrow helps girls develop an interest in science, technology, and coding.
Regional Learning Management Systems Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the Learning Management Systems Market Report:
Detailed overview of Learning Management Systems Market
Changing the Learning Management Systems market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Learning Management Systems market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Learning Management Systems Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2016 to 2022 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
We Offer Customization on Report Based on Specific Client Requirement:
– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) – Market Intelligence information
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
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