The US LMS Market to grow at a CAGR of 24.57% during Forecast period 2016-2020

Albany, NY, Jan 16: The growing digitization of learning followed in educational settings has given way to deploying solutions that complement e-learning. Already student know-how is being upgraded through mobile and cloud technology by using education solutions such as big data analytics and LMS. The adoption of LMS enables seamless extraction of optimal solutions for online learning methods. Through such developments the entire process of imparting education has become more systematic.

The LMS market in the US to grow at a CAGR of 24.57% during the period 2016-2020. The report covers the present scenario and the growth prospects of the LMS market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated through subscription, licenses, and maintenance fees charged for the tool. Apart from this, the overall revenue calculation includes the professional services that are offered to the customers.

Technavio's report, LMS Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
- Instructure
- ITG America
- itslearning
- Schoology

Other prominent vendors
- Articulate
- Blackboard
- D2L
- Edmodo
- Educomp Solutions
- Focus School Software
- Haiku Learning
- N2N Services
- Pearson Education
- Saba Software

Market driver
- Rising adoption of advanced learning methods
- For a full, detailed list, view our report

Market challenge
- Increased threat from open-source LMS
- For a full, detailed list, view our report

Market trend
- Increased use of cloud-based LMS usage
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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