According to a new market research report "Learning Management Systems (LMS) Market [Products (Content Management, Student Management, Performance Management, Collaboration, Administration), by Users (K-12, Higher Education, Corporate)] - Worldwide Market Forecasts and Analysis 2013 - 2018", published by MarketsandMarkets, defines and segments the LMS market into various sub-segments with an in-depth analysis and forecasting of revenues. The report also identifies the factors driving this market, various restraints and opportunities impacting it along with the technology roadmap and adoption trends.
Browse 113 market data tables and 56 figures spread through 195 pages
and in-depth TOC on “Learning Management Systems (LMS) Market - 2018"
Early buyers will receive 10% customization on this report.
MarketsandMarkets broadly segments the LMS market for academic users as K-12 and higher education and for corporate users, by type of end users: Small and Medium Businesses (SMBs) and enterprises; by type of verticals: Banking, Financial Services and Insurance (BFSI), consulting services, government, healthcare, manufacturing, retail, telecommunication, Information Technology (IT) and media, and other sectors. The LMS market is also segmented by type of products: content management, student management, performance management, collaboration, and administration; by type of deployment models: on-premise and Software as a Service (SaaS); and by regions: North America (NA), Europe (EU), Asia-Pacific (APAC), Middle East and Africa (MEA) and Latin America (LA).
Major forces driving this market are the increasing adoption of e-learning, businesses emphasizing on continuous learning practices, accountability mandates, and the market trend of employing cloud technology to streamline the learning process. LMS solutions create economies of scale and make learning and development less costly for organizations. As businesses realize the impact of efficient and flexible learning processes on individual development and organizational success, the demand for learning management solutions is increasing. While organizations look forward to integrate LMS into their learning and development framework, the LMS providers are designing systems with robust capabilities to extend support for social and mobile learning. The LMS providers are consolidating their grounds in the highly competitive market through mergers and acquisitions to build feature-rich solutions and attain better market visibility.
MarketsandMarkets believes that the need to manage and elevate e-learning process, along with the cost-efficient and effective learning and development programs is manifesting the growth in the Learning Management Systems market. Though the adoption of these solutions was initially gradual, due to concerns of integration support and compliance standards, these solutions are witnessing wide acceptance across various verticals. The convenience of flexible learning and choices for curriculum creation and delivery that LMS provide is expected to bring more demand for the learning management solutions. To serve a grouped audience, the LMS providers are addressing the integration challenges by designing solutions that adhere to the compliance standards. The amalgamation of LMS within the existing learning framework will enable continuous learning and content reusability.
Speak to Analyst : http://www.marketsandmarkets.com/speaktoanalyst.asp?id=1266
MarketsandMarkets forecasts the LMS market to grow from $2.55 billion in 2013 to $7.83 billion in 2018, at a CAGR of 25.2% during the forecast period. In terms of regions, North America is expected to be the biggest market in terms of revenue contribution, while Asia-Pacific (APAC) and Latin America (LA) are expected to experience increased market traction, during the forecast period.
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
1 South Dearborn Street,
21st Floor , Chicago,
Tel: + 1-888-600-6441