Learning Management System Market Size, Share, Trends and Analysis

According to Stratistics MRC, the global learning management system market is expected to grow from $4.27 billion in 2015 to $17.08 billion by 2022 at a CAGR of 21.9%. The factors that are favoring the market growth are growing adoption of digital learning, improved collaboration between trainers and learners. Additionally, learning management system provides flexible and continuous learning platform for self-improvement. However, technical hurdle in LMS implementation, restricted customization feasibility options for end users are hindering the market growth.

The corporate sector is the major market segment during the forecasted period. The increasing demand for cost-efficient training solutions among enterprises is a considerable factor that results in this segment’s notable market share of more than 65% by 2020. North America and Europe are projected to be the leading markets in terms of market size, during the forecast period.

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Some of the key players in global learning Management System market include Automatic Data Processing Inc, Blackboard Inc, Cornerstone OnDemand, Inc, Desire2Learn Inc, eCollege, Edmodo, GlobalScholar, IBM Corporation, Instructure, Jenzabar, Mcgraw-Hill Companies, Moodle, Netdimensions Ltd, Oracle, Pearson Plc, Saba Software, SAP AG, Sumtotal Systems, Sungard and Xerox Corporation.

Products Covered:

Administration

Communication and Collaboration

Content Management

Learner Management

Performance Management

Talent Management

Online Courses

Assessment and Testing

Mobile and Social Learning

Other Products

Applications Covered:

Virtual Instructor Training

Distance Learning

Technology Training

Deployment Types Covered:

On Premises

Software-as-a-Service

User Types Covered:

Corporate

Small and Medium Enterprises

Large Enterprise

Verticals

Academic

K-12

Higher...