9 July 2019 – The
Global Learning Management Systems Market is
estimated to grow at a substantial CAGR of 27.17% in the forecast period.
Learning management systems are software solutions, mainly used for tracking,
reporting, and documenting training programs along with delivery of educational
courses.
The driving factors responsible for the growth of learning
management system market include rising demand for e-learning portals and
growth of telecom and IT industries. Learner trackers are widely used to gauge
the quality and quantity of knowledge and skill reception by users. In
addition, e-learning market is gaining an upper traction due to inception of
startups and e-learning schools.
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By delivery mode, the market includes instructor-led
training and distance learning. By deployment, the market includes on-premises
and cloud whereas user type for learning management system market includes
academic and corporate. By application, the market segmentation includes
content management, communication and collaboration, and performance
management. By vertical, the market includes retail government, banking,
Telecom & IT and healthcare.
Geographical segmentation for learning management system
market includes North America, South America, Europe, Asia-Pacific, Middle East
and Africa. North American and European markets gain higher grounds across the
globe due to the advances on technological front and increase in digital users.
E-learning portals used in high school are gaining a wider traction resulting
in enhanced learning capabilities. The key players in the learning management
system market include Blackboard Inc, Xerox Corporation Connecticut,
NetDimensions Ltd, SAP SE, Cornerstone OnDemand Inc, Saba Software, McGraw-Hill
Companies, D2L Corporation and Pearson Plc.
Market Segment:
Market segment by
Type, the product can be split into
• Cloud Based Services
• On-Premise
Market segment by
Application, Learning Management Systems can be split into
• BFSI
• Government
• Healthcare
• Retail
• Manufacturing
• IT & Telecommunications
• Consulting
• Other
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