Learning Management System is a software application that provides infrastructure, tools, and context to provide e-learning and training solutions to the organizations and their learners. The learning management system has increased rapidly from the previous years and is estimated to be the growing technology in the software industry.
The major factor that drives the growth of the learning management system market is the increasing e-learning industry, growing cloud computing market, and increasing demand for cost-effective training solutions by industries among others.
The growing adoption of e-learning systems is expected to significantly contribute to LMS market growth. Cloud computing has emerged as a low-cost method of delivering online training programs to diverse demographics of employees. Corporate bodies are also implementing LMS to automate certain tasks such as record-keeping and employee registration. This system enables workers to use interactive features such as discussion forums, threaded discussions, online training and video conferencing. The introduction of open source code has made the learning process affordable for educational as well as corporate organizations which are expected to drive the LMS market in the near future.
Key Factors Impacting Market Growth:
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Growing E-Learning Industry
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Increasing demand for the cost-effective solution of training
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The trend of (BYOD) bring your own device in organizations
Regional Analysis:
By region, the learning management system market is estimated to be dominated by North America, Western Europe, and the Asia Pacific during the forecast period. With technological advancements and a cluster of global companies operating in these regions, these regions hold key to the growth and development of the learning management system market during the forecast period. Most of the leading companies have operations in these regions to cater the potential end-users in the respective region.
North America the learning management system market is further segmented by US, Canada, and Mexico, whereas Germany, UK, France, Italy are estimated to be some of the major markets in Western Europe. Asia Pacific region is segmented by China, Japan, South Korea, India, and Australia. The Middle East and Eastern Europe are estimated to be potential markets with growing demand during the forecast period. Major countries in these regions include Russia, UAE, Saudi Arabia, Israel, and others.
Companies Covered: ABB Limited, Accenture, Cisco Systems, Inc., Schneider Electric SE, Siemens AG, IBM Corporation, and Microsoft Corporation. Other prominent players include Hitachi, Ltd., Honeywell International Inc., Intel Corporation, Oracle Corporation, and Huawei Technologies Co. Ltd…
Market Segmentation:
By Deployment:
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On-premise
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Hosted
By Module:
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Administration
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Content Delivery and Management
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Progress Management
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Interaction and Integration Technologies
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User Management
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Others
By Users:
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Education
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Kindergarten
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K-12
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Higher Education
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Corporate
By Region:
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North America
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By Country (US, Canada, Mexico)
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By Deployment
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By Module
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By Users
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Western Europe
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By Country (Germany, UK, France, Spain, Rest of Western Europe)
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By Deployment
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By Module
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By Users
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Eastern Europe
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By Country (Russia, Turkey, Rest of Eastern Europe)
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By Deployment
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By Module
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By Users
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Asia Pacific
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By Country (China, Japan, India, Rest of Asia Pacific)
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By Deployment
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By Module
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By Users
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Middle East
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By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
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By Deployment
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By Module
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By Users
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Rest of the World
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By Region (South America, Africa)
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By Deployment
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By Module
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By Users
Reasons To Buy This Report:
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Market size estimation of the LMS market on a regional and global basis
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Unique research design for market size estimation and forecast
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Profiling of major companies operating in the market with key developments
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Broad scope to cover all the possible segments helping every stakeholder in the market
Customization:
We provide customization of the study to meet specific requirements:
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By Segment
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By Sub-segment
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By Region/Country
For more information, contact: sales@quincemarketinsights.com