Mon. Apr 22nd, 2019

Learning Management System (LMS) Market is expected to grow at a CAGR of 22.35% during the forecast period of (2018 – 2023)

Learning Management System (LMS)

Report Title: “Global Learning Management System (LMS) Market – Segmented by User Type, Deployment Model, Delivery Mode, Application (Administration, Content Management, Learner Management), End-User Vertical, and Region – Growth, Trends, and Forecast (2018 – 2023)”

Global “Learning Management System (LMS) Market (2018 – 2023) Report Provides Overall study of Approximate CAGR, Leading Manufacturers, Key Development, Market Dynamics and SWOT analysis for Key Players. The Learning Management System (LMS) market is expected to register a CAGR of approximately 22.35% during the forecast period of (2018 – 2023) 

Learning Management System (LMS) Market Report Covers Leading Manufacturers: Blackboard, Inc., Cornerstone Ondemand, Inc. , D2L Corporation, IBM Corporation, McGraw-Hill Companies, Oracle Corporation, Pearson PLC, SABA Software, Inc., SAP SE, Xerox Corporation

Get Sample PDF of Report @ https://www.360marketupdates.com/enquiry/request-sample/12886395

The global learning management system market was valued at USD 6.92 billion in 2017 and is expected to reach a value of USD 23.21 billion by 2023 at a CAGR of 22.35% over the forecast period of 2018–2023. The scope of the report includes insights on the solutions offered by major players including providers of hardware, professional services, and integration solutions. The regions included in this study are North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The study also offers insights on various end-user verticals, application, delivery mode and deployment model, and user type segmentation.

Adoption of BYOD Policies by Corporates

Globally, organizations are opting e-learning services for educating and training their employees owing to the incurring expenses of the traditional teaching methods. Adoption of BYOD in the organization culture facilitates organizations with benefits, such as cost savings, innovation, and productivity, along with access to online training materials, directly to the employees’ devices supporting smart learning. Furthermore, the increased compatibility of learning management system with mobile devices and social learning have mandated the corporates to adopt BYOD culture. These policies are anticipated to drive the growth of the market.

Cloud-based Deployment Model to Lead the Market

The cloud-based deployment model is expected to lead the market over the forecast period, owing to the increasing adoption among large enterprises and SMEs. The organizations are switching to the cloud-based so that they can focus more on their core competencies and have least worries about their assets getting obsolete with fast-evolving technology. Moreover, SMEs are also adopting the cloud-based deployment model due to its cost efficiency. For instance, rapid adoption of LMS in the education sector due to the growing awareness of distance learning and quality education are also contributing to the growth of the cloud-based deployment model.

North America Holds Highest Market Share

North America has dominated the global LMS market, owing to the early adoption of the technology in the education sector. The academic as well commercial adoption has been higher in the region with the technological support reaching earlier and the high affordability ratio in the region. Moreover, flowing investments in technological advancements, coupled with the increasing trend toward e-learning courses in major universities, are affecting the growth of the market. With established networking facility, the United States maintained the majority share of e-learning, which, in turn, is expected to bolster the growth of the North American LMS market.

Order a Copy Of Learning Management System (LMS) Market Report @ https://www.360marketupdates.com/purchase/12886395

Reasons to Purchase Learning Management System (LMS) Market Report:

  • Identification of key factors instrumental in changing the market scenario, exploiting new opportunities, and gaining a competitive edge. 
  • Analysing various perspectives of the market with the help of Porter’s five forces analysis.
  • The authentication mode is likely to witness the highest adoption of these systems in the market.
  • The regions that are expected to witness the fastest growth during the forecast period.
  • The SWOT analysis for key players and a detailed study of their current strategic interests and key financial performance indicators.
  • 3 months analyst support along with the Market Estimate sheet (in excel). 

Customization of the Report:

  • This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.

About 360 Market Updates:

360 Market Updates is the credible source for gaining the market reports that will provide you with the lead your business needs. At 360 Market Updates, our objective is providing a platform for many top-notch market research firms worldwide to publish their research reports, as well as helping the decision makers in finding most suitable market research solutions under one roof. Our aim is to provide the best solution that matches the exact customer requirements. This drives us to provide you with custom or syndicated research reports.

Contact Us:

Name: Mr. Ajay More

Email: [email protected]

Phone: +14242530807/+44 203 239 8187

Browse Full Report Here –

https://www.360marketupdates.com/global-learning-management-system-lms-market-segmented-by-user-type-deployment-model-delivery-mode-application-administration-content-management-learner-management-end-user-vertical-and-region-growth-trends-and-forecast-2018-2023–12886395

Tags:- Google News, Learning Management System (LMS) Market, Learning Management System (LMS) Europe Market, Learning Management System (LMS) APAC Market, Learning Management System (LMS) Market By Application, Learning Management System (LMS) Market By Rising Trends, Learning Management System (LMS) Market Development, Learning Management System (LMS) Market Forecast, Learning Management System (LMS) Market Future, Learning Management System (LMS) Market Growth, Learning Management System (LMS) Market In Key Countries, Learning Management System (LMS) Market Latest Report, Learning Management System (LMS) Market Swot Analysis, Learning Management System (LMS) Market Top Manufacturers, Learning Management System (LMS) Sales Market, Learning Management System (LMS) United States Market