DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/v45r9m/learning)
has announced the addition of the "Learning
Management Systems (LMS) Market by Products, Applications, Deployment
Type, User Type and Region - Global Forecast to 2020" report to
LMS refers to a software application used for planning, delivering,
managing, and assessing a learning process. The total Learning
Management Systems market is expected to grow from USD 4.07 Billion in
2015 to USD 11.34 billion by 2020 at a CAGR of 22.8% during the forecast
period. LMS is experiencing a rapid adoption pace as it addresses the
needs of flexible and holistic learning. LMS supports in managing a huge
pool of information and allowing trainers to create content for the
course and design, thus, generating a dynamic learning environment.
These solutions are graded to be receptive and scalable to suit the
organization's requirements. These applications focus on supporting the
learning activities to suit the pace of the user and facilitate
just-in-time learning. The LMS applications assist in creating a more
engaging and personalized learning environment in a digitized life.
The overall market size of the LMS market is the summation of revenues
generated by academic and corporate users by the implementation of LMS
The SaaS delivery of LMS applications, designed by blending cloud
technology with customary learning management solutions, has empowered
the organizations to focus on the delivery of effective training and
development practices by offloading the burden of the maintenance of LMS
to the vendors. Proprietary or open source, fundamentally, the LMS
applications help in improved training administration and efficient
management of learning activities.
The adoption of LMS educational products is expansive among the
corporate sector, as they require these products for better learning and
training of employees. Moreover, North America in general, and the U.S.
and Canada in particular, are rapidly adopting digital products as there
is substantial coverage of mobile devices and varied channels of
delivery across organizations for offering services to its customers.
The Learning Management Systems market is rapidly gaining traction,
which is evident with the acquisitions of Schoolwires by Blackboard,
Requestec by Blackboard, Evolv,Inc., by Cornerstone OnDemand, and CPAS
Systems by Xerox Corporation. The major players involved in this
ecosystem include Blackboard, Cornerstone OnDemand, NetDimensions, IBM,
Xerox Corporation, Saba Software, and Ellucian among various others.
However, it is anticipated that the major vendors would face tough
competition from the local vendors from diverse regions, especially in
the field of learning technology.
Key Topics Covered
Learning Management System Market Analysis, By Product
Learning Management System Market Analysis, By Application
Learning Management System Market Analysis, By Deployment Type
Learning Management System Market Analysis, By User Type
- Cornerstone Ondemand
- D2l Incorporated
- IBM Corporation
- Mcgraw-Hill Companies
- Saba Software
- Tata Interactive Systems
- Upside Learning
- Xerox Corporation
For more information visit http://www.researchandmarkets.com/research/v45r9m/learning