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learning management systems are applicable in almost every sector. In addition, user-friendly interface, easy upgradation, and enhanced features are expected to fuel the market growth in both corporate and academic sector end users.
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Learning Management Systems Market Opportunities and Forecasts, 2014 – 2022 Published Date: 4-Jan-16
LEARNING MANAGEMENT SYSTEMS MARKET - INTRODUCTION • Learning Management Systems Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $3 Billion by 2022, registering a CAGR of 34.2% during the forecast period 2016-2022. In 2014, China dominated the market and contributed more than 26% share of the overall market revenue, followed by Australia. • Change in traditional education system and increase in number of start-ups in the e-learning industry in developing countries that sell online courses fuel the market growth. • The learning management systems market is driven by advantages provided by these systems such as centralized learning platform, easy tracking & reporting, and easy up gradation of product. In addition, several educational institutions have failed to adopt these systems, owing to financial issues and lack of trained staff. Moreover, economic progress in several developing countries in Asia-Pacific is anticipated to increase the global market growth.
LEARNING MANAGEMENT SYSTEMS MARKET • - KEY FINDINGS • In 2014, on-premise LMS deployment model led the overall learning management systems market revenue, and it is projected to grow at a CAGR of 32.5% during the forecast period • BFSI application is expected to exhibit highest growth rate, owing to the rise in competition and technological advancement. • Currently, China dominates the market and is also expected to lead over the forecast period. • Corporate users lead the overall Asia-Pacific LMS market, with about three-fourths of the market share.
TABLE OF CONTENTS • INTRODUCTION • MARKET OVERVIEW • ASIA-PACIFIC LEARNING MANAGEMENT SYSTEMS MARKET, BY DEPLOYMENT MODEL • ASIA-PACIFIC LEARNING MANAGEMENT SYSTEMS MARKET, BY INDUSTRY VERTICAL • ASIA-PACIFIC LEARNING MANAGEMENT SYSTEMS MARKET,BY END USER • ASIA-PACIFIC LEARNING MANAGEMENT SYSTEMS MARKET, BY COUNTRY • COMPANY PROFILES
China learning management software market revenue, 2014-2022 ($Million)
LEARNING MANAGEMENT SYSTEMS MARKET - BY GEOGRAPHY North America, Europe, Asia Pacific, LAMEA
COMPANYPROFILES SumTotal Systems Cornerstone OnDemand Blackboard. Oracle Corporation SAP SE
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