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Learning management systems market forecast from 2014 to 2024 made available by top research firm

Learning management systems market forecast from 2014 to 2024 made available by top research firm

Learning management system is a software application utilized for administering, documenting, tracking, reporting and delivery of training programs and courses of electronic education technology.

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Introduction:

Learning management system is also called as e-learning.

These courses are distributed online over the Internet.

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Market Dynamics:

The increased effectiveness of Internet has resulted in the promotion of e-learning and e-teaching across the world.

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Furthermore, the developments in networking technologies has facilitated improved integration and communication thus, leading to the better online training and learning sessions, which in turn has essentially propelled the emergence and development of the market for learning management systems. Moreover, the rising preference of people for distance learning courses, development of networking infrastructure in developing nations, implementation of cloud-based learning management system by small and medium enterprises and corporate sectors providing online training to their employees are some of the factors influencing the market for learning management systems, globally.

Market Classification:

The Learning Management System Market Make an Inquiry about this news is bifurcated by deployment-type, module, user group and geography. The deployment-type segment comprises on-premise deployment and hosted deployment.

On the basis of module, the market is classified into administration, process management, content delivery & management, interaction & integration technologies, user management and others. The user group segment is segmented into education and corporate.

The geography segment is classified into North America, Europe, Latin America, Middle East & Africa (MEA) and Asia-Pacific.

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Segment Overview:

The on-premise deployment segment is dominating the learning management system market particularly, in Latin America and Middle East. The major reason for this dominance is attributed to the implementation of learning management systems by medium and large enterprises.

However, the hosted deployment segment is projected to increase and dominate the market in the coming years with the increasing adoption of these systems by small and medium enterprises as these systems are cost-effective in comparison to the on-premise deployment. Furthermore, both education as well as corporate user group use learning management systems with an almost equal market share and are expected to experience high growth in coming years.

Now-a-days, the corporate sectors are giving emphasis to the use of online orientation programs and corporate trainings for their employees. Additionally, the government initiatives and growing awareness for education in developing nations to deliver quality education is anticipated to bolster the learning management systems market in the coming years.

The North America with the early adoption of learning and management systems by corporate and education sectors accounted for the largest share in the market in 2015. US contributed the majority share in North America owing to the established network enabling e-learning in the nation.

Additionally, the presence of several universities in the US offering online courses is another factor leading to the market growth. The rising investments in the technology by corporate sector have also resulted in the adoption of online training thereby, contributing to the growth of learning management systems market.

Furthermore, the rapid adoption of smart devices such as tablets, smartphones. is also influencing the market growth.

Asia-Pacific is anticipated to offer a potential growth to the learning management systems market in the near future owing to the continuous developments in infrastructure in developing nations such as India and Philippines as well as rising investments in the corporate sector. Japan, being a developed nation and an early adopter of technology, is expected to contribute the majority share in the market.

Also, governments are taking initiatives to encourage digital education thus, leading to the rise in the market demand.

Report Coverage:

Market Global Learning Management System Market
Analysis Period 2014 – 2024
Historic Data 2014 – 2015
Base Year 2016
Forecast Data 2017 – 2024
Market Stratification Deployment Type, Module, User Group, Geography
Regional Scope North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)
Report Coverage Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis


Market Participants:

Some of the players operating in the learning management systems market are Blackboard Inc., IBM Corporation, Cornerstone OnDemand, Inc., Oracle Corporation and SAP SE among others.

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Market Segmentation

Market by Deployment Type

On-premise deployment

Hosted deployment

Market by Module

Administration

Process management

Content delivery & management

Interaction & integration technologies

User management

Others

Market by User Group

Education

Corporate

Market by Geography

North America

o US

o Canada

o Mexico

Europe

o UK

o Germany

o France

o Rest of Europe

Asia-Pacific

o China

o Japan

o India

o Philippines

o Rest of Asia-Pacific

Latin America

o Brazil

o Chile

o Rest of Latin America

Middle East and Africa (MEA)

o South Africa

o Saudi Arabia

o Rest of MEA


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Category: Market Research Publishers and RetailersCompany profile: Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact-based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, ...

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