Advent of open source code for educational as well as corporate organizations has made learning process affordable, which is anticipated to drive the LMS market through the forecast period.
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Learning Management Systems (LMS) Market Size, Segmentation To 2020: Grand View Research, Inc.
1. Learning Management Systems (LMS) Market Analysis By
Product (administration, Collaboration, Performance,
Student And Content Management) By End-Use (Corporate
And Education) And Forecasts, 2014 To 2020
The global LMS market is expected to grow over the forecast period owing to
growing adoption of e-learning systems within the education sector. Advent of
open source code for educational as well as corporate organizations has made
learning process affordable, which is anticipated to drive the LMS market through
the forecast period. Changing learning preferences have led to high demand for
low-cost online training programs in order to diversify employee demographics.
Mobile learning functionality with LMS access on smartphones is expected to spur
market growth over the forecast period. However, integration support and
customization feasibility is expected to be a major challenge for the LMS market.
2. For More Information on "Learning Management Systems (LMS) Market
Research Reports" visit - http://www.grandviewresearch.com/industry-
analysis/learning-management-systems-market
Technological advancements and incorporation of social learning by several
service providers, via tools such as Facebook offer avenues for market growth.
Introduction of Tin Can API technology is also expected to create a significant
opportunity in the LMS market. This growth can be attributed to factors such as
team-based e-learning, ability to track real-world performance, e-learning in native
mobile applications and tracking learning plans. Increasing collaborations between
organizations and North American learning management systems in North
America has led to significant growth in the regional market, followed by Europe.
3. The Asia Pacific market is expected to witness significant growth over the forecast
period. The market is primarily driven by robust e-learning demand in emerging
markets such as China and India. Growing emphasis on continuous learning
practices with changing economic conditions and business requirements has surged
the adoption of this technology. Key market participants include IBM Corporation,
Oracle, Mcgraw-Hill Education, Blackboard Inc., Netdimensions Ltd and
Cornerstone Ondemand, Inc.
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analysis/learning-management-systems-market/request-toc
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