Learning Management Systems (LMS) Market Report

Learning Management Systems (LMS) Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020

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  • Report ID: GVR954
  • Format: Electronic (PDF)
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Growing adoption of e-learning systems is expected to significantly contribute to LMS market growth. Cloud computing has emerged as a low-cost method of delivering online training programs to diverse demographics of employees. Corporate bodies are also implementing LMS to automate certain tasks such as record keeping and employee registration. This system enables workers to use interactive features such as discussion forums, threaded discussions, online training and video conferencing. Introduction of open source code has made learning process affordable for educational as well as corporate organizations which are expected to drive the LMS market in the near future.

Market vendors have started providing mobile learning functionality to their LMS that can be accessed on smartphones. Additionally, social learning via offering tools such as Facebook is expected to be incorporated by the service providers over the forecast period. Introduction of the Tin Can API technology which is the next-generation of SCORM (Sharable Content Object Reference Model) is expected to create significant opportunities in the LMS market. This can be attributed to factors such as ability to track real-world performance, team-based e-learning, tracking learning plans and e-learning in native mobile applications. However, customization feasibility and integration support may hamper market growth over the next six years.

The LMS market can be segmented by product into administration, collaboration, performance, student and content management. On the basis of end-use industry, the market is bifurcated into corporate and education. The corporate user segment further includes retail, healthcare, government, consulting services and BFSI. Technological advancements observed in recent years have introduced the concept of Software as a Service (SaaS) delivery model, further accelerating LMS adoption within the developing framework. The deployment model segment includes SaaS and on-premise. Growing emphasis on continuous learning practices with changing business requirements and economic conditions are expected to drive the adoption of this technology through the forecast period.

North America is expected to dominate the market owing to increased collaborations between organizations and North American learning management systems providers within the forecast period. Major market vendors include Oracle, Netdimensions Ltd., Mcgraw-Hill Education, IBM Corporation, Cornerstone Ondemand, Inc., Blackboard Inc. and Automatic Data Processing, Inc. 

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