Market Overview

Global Learning Management System (LMS) Market 2018-2023 - Increasing Adoption of Cloud-Based Deployment Models by Large Enterprises & SMEs - ResearchAndMarkets.com

Share:

The "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)"
report has been added to ResearchAndMarkets.com's
offering.

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. North
America holds the highest market share.

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.

Notable Developments in the Market

  • Cornerstone OnDemand, a company into cloud-based learning and human
    capital management software, announced that the University of
    Tennessee (UT) System has selected the company's learning and extended
    enterprise solutions to provide crucial training for its faculty and
    staff across six campuses and institutes, as well as certification
    programs for external stakeholders.

Companies Featured

  • Blackboard Inc.
  • Cornerstone Ondemand Inc.
  • D2L Corporation
  • IBM Corporation
  • McGraw-Hill Companies
  • Oracle Corporation
  • Pearson PLC
  • SABA Software Inc.
  • SAP SE
  • Xerox Corporation

Key Topics Covered

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation

6. Competitive Intelligence - Company Profiles

7. Investment Analysis

8. Future of the Market

For more information about this report visit https://www.researchandmarkets.com/research/sjxfvq/global_learning?w=4

View Comments and Join the Discussion!