HOME Top Market Reports Learning Management Systems (LMS) Market by Products (Content Management, Performance Management, Communication and Collaboration, Administration, Learner Management, Others), Applications, Deployment Type, User Type, Region - Global Forecast to 2020

Learning Management Systems (LMS) Market by Products (Content Management, Performance Management, Communication and Collaboration, Administration, Learner Management, Others), Applications, Deployment Type, User Type, Region - Global Forecast to 2020

By: marketsandmarkets.com
Publishing Date: August 2015
Report Code: TC 2142

 

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LMS is a web based technology that enables planning, delivering, managing, and evaluating content for educational courses. It gives anytime, anywhere access to online teaching & learning experience from K-12, to higher education, to professional training and development through software. Today, learners have moved from traditional classroom learning to informative online delivery of lessons as a result of continuous rise in the need for learning and skill development.

The education and learning industry has been a booming sector in the society. With the growth in the learning technologies in the world, the education sector has seen a transformation in the customary procedures. Various applications and solutions have come into use for the process of learning and teaching, thus, generating the LMS market. This report covers various aspects of the LMS market such as the products, applications, trends, upcoming opportunities, and others.

LMS plays an important part in a nation’s economic evolution that requires trained workforce in enterprises. High scalability of LMS allows users to select or eliminate apps and courses easily; learners in different locations can be mentored remotely without losing out on quality of training.

LMS is helping instructors deliver enhanced education to both the academic and corporate sector. These systems allow easy collaboration and learning process with the use of digital tools such as content management, administration, assessment, and performance management, and others.

The LMS market report analyzes the market drivers, restraints, and opportunities along with identifying the key industry players and competitive outlook. The report provides key insights on the adoption trends, evolutions, and end users of the LMS market. The report also examines growth potential market sizes and revenue forecasts across regions as well as user segments.

This market is fast gaining traction, which is evident from the acquisitions of MyEdu by Blackboard, Knowillage by Desire2Learn, and Kno by Intel. Key players such as Blackboard, Cornerstone OnDemand, Upside Learning, LoudCloud Systems, and McGraw-Hill offer educational learning and software solutions to institutions. There are many niche players such as Edmodo, NeoLMS, Latitude Learning, and Skild Solutions, and others offer educational products and applications for K-12 and higher educational institutions at a relatively low cost. MarketsandMarkets expects the global LMS market to grow from USD 4.07 Billion in 2015 to USD 11.34 Billion by 2020, at an estimated CAGR of 22.8% during the forecast period.

The LMS market report is a comprehensive study of the global market for learning and digital systems. The report forecasts the market size of various segments and trends for LMS market in the following submarkets:

On the basis of products:

  • Content Management
  • Performance Management
  • Communication and Collaboration
  • Administration
  • Learner Management
  • Others (include training records management and community engagement)

On the basis of applications:

  • Distance Learning
  • Technology Training
  • Virtual Instructor Training

On the basis of deployment types:

  • SaaS
  • On-Premises

On the basis of user types:

  • Academic
    • K-12
    • Higher Education
  • Corporate
    • SMEs
    • Enterprises
  • Verticals

On the basis of regions:

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Middle-East and Africa (MEA)
  • Latin America

Table of Contents

1 Introduction (Page No. - 18)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Stakeholders

2 Research Methodology (Page No. - 22)
    2.1 Market Size Estimation
    2.2 Market Breakdown and Data Triangulation
    2.3 Market Share Estimation
           2.3.1 Key Data From Secondary Sources
           2.3.2 Key Data From Primary Sources
    2.4 Assumptions
           2.4.1 Key Industry Insights

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 37)
    4.1 Attractive Market Opportunities in Learning Management Systems Market
    4.2 Learning Management Systems Market: Top Three Products
    4.3 Global Learning Management Systems Market
    4.4 Learning Management Systems Market Potential
    4.5 Learning Management Systems User Type Market (2020)
    4.6 Global LMS Market, By Products (2015-2020)
    4.7 Learning Management Systems Regional Market
    4.8 Industry Vertical Growth Matrix
    4.9 Lifecycle Analysis, By Region, 2015

5 Market Overview (Page No. - 44)
    5.1 Introduction
    5.2 Evolution
    5.3 Market Segmentation
           5.3.1 Learning Management Systems Market, By Product
           5.3.2 Learning Management Systems Market, By Application
           5.3.3 Learning Management Systems Market, By Deployment Type
           5.3.4 Learning Management Systems Market, By User Type
           5.3.5 Learning Management Systems Market, By Region
    5.4 Market Dynamics
           5.4.1 Drivers
                    5.4.1.1 Increasing Adoption of Digital Learning
                    5.4.1.2 Introduction to Cloud-Based LMS
                    5.4.1.3 Growing Emphasis on Continuous Learning
                    5.4.1.4 Increased Collaboration Between Learners and Trainers
           5.4.2 Restraints
                    5.4.2.1 Lack of Integration
                    5.4.2.2 Limited Customization Feasibility Options for End-Users
           5.4.3 Opportunities
                    5.4.3.1 Evolving Potential Markets
                    5.4.3.2 Growing Demand for Blended Learning
                    5.4.3.3 Developing New Prospects for Traditional Educational Systems
           5.4.4 Challenges
                    5.4.4.1 Lack of Skilled Subject Matter Personnel
           5.4.5 Burning Issues
                    5.4.5.1 Lack of Skills and Knowledge Among Instructors and Learners

6 Industry Trends (Page No. - 58)
    6.1 Introduction
    6.2 LMS Architecture
    6.3 Value Chain Analysis
    6.4 Porter’s Five Forces Analysis
           6.4.1 Threat of New Entrants
           6.4.2 Threat of Substitutes
           6.4.3 Bargaining Power of Suppliers
           6.4.4 Bargaining Power of Buyers
           6.4.5 Intensity of Competitive Rivalry
    6.5 Industry Standards and Regulations
           6.5.1 Aviation Industry Computer Based Training (CBT) Committee (AICC)
           6.5.2 Common Cartridge (CC)
           6.5.3 Experience Api (TIN CAN)
           6.5.4 Learning Tools Interoperability (LTI)
           6.5.5 Shareable Content Object Reference Model (SCORM)

7 Learning Management Systems Market Analysis, By Products (Page No. - 68)
    7.1 Introduction
    7.2 Content Management
    7.3 Performance Management
    7.4 Communication and Collaboration
    7.5 Adminstration
    7.6 Learner Management
    7.7 Others

8 Learning Management Systems Market Analysis, By Applications (Page No. - 81)
    8.1 Introduction
    8.2 Distance Learning
    8.3 Technology Training
    8.4 Virtual Instructor Training

9 Learning Management Systems Market Analysis, By Deployment Type (Page No. - 90)
    9.1 Introduction
    9.2 SAAS
    9.3 On-Premise

10 Learning Management Systems Market Analysis, By User Type (Page No. - 95)
     10.1 Introduction
     10.2 Academic
               10.2.1 K-12
               10.2.2 Higher Education
     10.3 Corporate
               10.3.1 SME
               10.3.2 Large Enterprise
               10.3.3 Verticals
                        10.3.3.1 BFSI
                        10.3.3.2 Healthcare
                        10.3.3.3 Retail
                        10.3.3.4 Government
                        10.3.3.5 Manufacturing
                        10.3.3.6 IT and Telecom
                        10.3.3.7 Consulting
                        10.3.3.8 Others

11 Geographic Analysis (Page No. - 120)
     11.1 Introduction
     11.2 North America
     11.3 Europe
     11.4 Asia Pacific
     11.5 Middle East and Africa
     11.6 Latin America

12 Competitive Landscape (Page No. - 138)
     12.1 Overview
     12.2 Portfolio Comparison
     12.3 Competitive Situations and Trends
               12.3.1 New Product Developments
               12.3.2 Agreements, Partnerships, and Collaborations
               12.3.3 Mergers and Acquisitions
               12.3.4 Expansion
               12.3.5 Venture Capital Funding

13 Company Profiles (Page No. - 151)
     13.1 Introduction
     13.2 Blackboard, Inc.
               13.2.1 Business Overview
               13.2.2 Products and Services Offered
               13.2.3 Recent Developments
               13.2.4 MnM View
                        13.2.4.1 Key Strategies
                        13.2.4.2 SWOT Analysis
     13.3 Cornerstone Ondemand
               13.3.1 Business Overview
               13.3.2 Products Offered
               13.3.3 Recent Developments
               13.3.4 MnM View
                        13.3.4.1 Key Strategies
                        13.3.4.2 SWOT Analysis
     13.4 Xerox Corporation
               13.4.1 Business Overview
               13.4.2 Services Offered
               13.4.3 Recent Developments
               13.4.4 MnM View
                        13.4.4.1 Key Strategies
                        13.4.4.2 SWOT Analysis
     13.5 IBM Corporation
               13.5.1 Business Overview
               13.5.2 Products & Services Offered
               13.5.3 Recent Developments
               13.5.4 MnM View
                        13.5.4.1 Key Strategies
                        13.5.4.2 SWOT Analysis
     13.6 Netdimensions
               13.6.1 Business Overview
               13.6.2 Products Offered
               13.6.3 Recent Developments
               13.6.4 MnM View
                        13.6.4.1 Key Strategies
                        13.6.4.2 SWOT Analysis
     13.7 SAP AG
               13.7.1 Business Overview
               13.7.2 Products Offered
               13.7.3 Recent Developments
               13.7.4 MnM View
                        13.7.4.1 Key Strategies
     13.8 SABA Software
               13.8.1 Business Overview
               13.8.2 Products and Services Offered
               13.8.3 Recent Developments
               13.8.4 MnM View
                        13.8.4.1 Key Strategies
     13.9 Mcgraw-Hill Companies
               13.9.1 Business Overview
               13.9.2 Products and Services Offered
               13.9.3 Recent Developments
               13.9.4 MnM View
                        13.9.4.1 Key Strategies
     13.10 Pearson Plc
               13.10.1 Business Overview
               13.10.2 Products and Services Offered
               13.10.3 Recent Developments
               13.10.4 MnM View
                        13.10.4.1 Key Strategies
     13.11 D2L Incorporated
               13.11.1 Business Overview
               13.11.2 Products Offered
               13.11.3 Recent Developments
               13.11.4 MnM View
                        13.11.4.1 Key Strategies

14 Appendix (Page No. - 184)
     14.1 Industry Excerpts
     14.2 Discussion Guide
     14.3 Introducing RT: Real Time Market Intelligence
     14.4 Available Customizations
     14.5 Related Reports


List of Tables (74 Tables)

Table 1 Global Learning Management Systems Market Size and Growth Rate, 2013–2020 (USD Million, Y-O-Y %)
Table 2 Increased Collaboration Between Learners and Trainers is Expected to Boost the Learning Management Systems Market
Table 3 Lack of Integration Will Restrain the Growth of the Learning Management Systems Market
Table 4 Developing New Prospects for Traditional Educational Systems Will Act as an Opportunity for Learning Management Systems
Table 5 Lack of Skilled Subject Matter Personnel Will Be the Major Challenge for Solution Providers
Table 6 LMS Market Size, By Products, 2013-2020 (USD Million)
Table 7 Content Management Market Size, By User Type, 2013-2020 (USD Million)
Table 8 Content Management Market Size, By Region, 2013-2020 (USD Million)
Table 9 Performance Management Market Size, By User Type, 2013-2020 (USD Million)
Table 10 Performance Management Market Size, By Region, 2013-2020 (USD Million)
Table 11 Communication and Collaboration Market Size, By User Type, 2013-2020 (USD Million)
Table 12 Communication and Collaboration Market Size, By Region, 2013-2020 (USD Million)
Table 13 Adminstration Market Size, By User Type, 2013-2020 (USD Million)
Table 14 Adminstration Market Size, By Region, 2013-2020 (USD Million)
Table 15 Learner Management Market Size, By User Type, 2013-2020 (USD Million)
Table 16 Learner Management Market Size, By Region, 2013-2020 (USD Million)
Table 17 Others Market Size, By User Type, 2013-2020 (USD Million)
Table 18 Others Market Size, By Region, 2013-2020 (USD Million)
Table 19 LMS Market Size, By Applications, 2013-2020 (USD Million)
Table 20 Distance Learning Market Size, By User Type, 2013-2020 (USD Million)
Table 21 Distance Learning Market Size, By Region, 2013-2020 (USD Million)
Table 22 Technology Training Market Size, By User Type, 2013-2020 (USD Million)
Table 23 Technology Training Market Size, By Region, 2013-2020 (USD Million)
Table 24 Virtual Instructor Training Market Size, By User Type, 2013-2020 (USD Million)
Table 25 Virtual Instructor Training Market Size, By Region, 2013-2020 (USD Million)
Table 26 LMS Market Size, By Deployment Type, 2013-2020 (USD Million)
Table 27 SAAS Market Size, By Region, 2013-2020 (USD Million)
Table 28 On-Premise Market Size, By  Region, 2013-2020 (USD Million)
Table 29 LMS Market Size, By User Type, 2013-2020 (USD Million)
Table 30 Academic Market Size, By Products, 2013-2020 (USD Million)
Table 31 Academic Market Size, By Application, 2013-2020 (USD Million)
Table 32 Academic Market Size, By Sub-User, 2013-2020 (USD Million)
Table 33 Academic Market Size,  By Region, 2013-2020 (USD Million)
Table 34 K-12 Market Size, By Products, 2013-2020 (USD Million)
Table 35 K-12 Market Size, By Applications, 2013-2020 (USD Million)
Table 36 Higher Education Market Size, By Products, 2013-2020 (USD Million)
Table 37 Higher Education Market Size, By Applications, 2013-2020 (USD Million)
Table 38 Corporate Market Size, By Products, 2013-2020 (USD Million)
Table 39 Corporate Market Size, By Applications, 2013-2020 (USD Million)
Table 40 Corporate Market Size, By Sub-User, 2013-2020 (USD Million)
Table 41 Corporate Market Size, By Region, 2013-2020 (USD Million)
Table 42 SME Market Size, By Products, 2013-2020 (USD Million)
Table 43 SME Market Size, By Applications, 2013-2020 (USD Million)
Table 44 Large Enterprise Market Size, By Products, 2013-2020 (USD Million)
Table 45 Large Enterprise Market Size, By Applications, 2013-2020 (USD Million)
Table 46 BFSI Market Size, By Region, 2013-2020 (USD Million)
Table 47 Healthcare Market Size, By Region, 2013-2020 (USD Million)
Table 48 Retail Market Size, By Region, 2013-2020 (USD Million)
Table 49 Governmnet Market Size, By Region, 2013-2020 (USD Million)
Table 50 Manufacturing Market Size, By Region, 2013-2020 (USD Million)
Table 51 IT and Telecom Market Size, By Region, 2013-2020 (USD Million)
Table 52 Consulting Market Size, By Region, 2013-2020 (USD Million)
Table 53 Others Market Size, By Region, 2013-2020 (USD Million)
Table 54 LMS  Market Size, By Region, 2013-2020 (USD Million)
Table 55 North America Market Size, By Product, 2013-2020 (USD Million)
Table 56 North America Market Size, By Application, 2013-2020 (USD Million)
Table 57 North America Market Size, By User Type, 2013-2020 (USD Million)
Table 58 Europe Market Size, By Product, 2013-2020 (USD Million)
Table 59 Europe Market Size, By Applications, 2013-2020 (USD Million)
Table 60 Europe Market Size, By User Type, 2013-2020 (USD Million)
Table 61 Asia Pacific Market Size, By Products, 2013-2020 (USD Million)
Table 62 Asia Pacific Market Size, By Applications, 2013-2020 (USD Million)
Table 63 Asia Pacific Market Size, By User Type, 2013-2020 (USD Million)
Table 64 Middle East and Africa  Market Size, By Product 2013-2020 (USD Million)
Table 65 Middle East and Africa  Market Size, By Applications, 2013-2020 (USD Million)
Table 66 Middle East and Africa  Market Size, By User Type, 2013-2020 (USD Million)
Table 67 Latin America Market Size, By Product, 2013-2020 (USD Million)
Table 68 Latin America Market Size, By Applications, 2013-2020 (USD Million)
Table 69 Latin America Market Size, By User Type, 2013-2020 (USD Million)
Table 70 New Product Developments, 2012–2015
Table 71 Agreements, Partnerships, and Collaborations, 2013–2015
Table 72 Mergers and Acquisitions, 2012–2015
Table 73 Expansions, 2012-2014
Table 74 Venture Capital Funding, 2013–2014
 
 
List of Figures (73 Figures)
 
Figure 1 Learning Management System Market: Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Breakdown of Primary Interview: By Company Type, Designation, and Region
Figure 5 Data Triangulation
Figure 6 LMS Market Size, Product Snapshot (2015–2020): Market for Learner Management is Expected to Double During the Forecast Period
Figure 7 LMS Market Size, User Type Snapshot (2015–2020): Academic Will Dominate the Market
Figure 8 Global LMS Market Size, By Application, 2015–2020: Virtual Instructor Training Expected to Grow at the Fastest Rate During the Forecast Period
Figure 9 North America Will Have the Largest Market Share in 2015
Figure 10 Growing Demand for Blended Learning
Figure 11 Learner Management, Content Management, and Adminstration are Expected to Grow at the Fastest Rate During the Forecast Period
Figure 12 Asia-Pacific is One of the Fastest Growing Region in the LMS Market (2015-2020)
Figure 13 Latin America and Asia-Pacific are  Expected to Have the Highest Market Growth Potential Till 2020
Figure 14 Academic Sector is Expected to Continue Dominating the Learning Management Systems Market During the Forecast Period
Figure 15 Asia-Pacific is Expected to Grow Faster Than Europe and North America During the Forecast Period
Figure 16 Learning Management Systems Growth Matrix, By Industry Vertical
Figure 17 Regional Lifecycle: Asia-Pacific is Expected to Be in the Growth Phase in 2015
Figure 18 Educational Technology Providers are Expected to Play A Crucial Role in the Learning Management Systems Market
Figure 19 Learning Management Systems Market Segmentation
Figure 20 Learning Management Systems Market Segmentation: By Product
Figure 21 Learning Management Systems Market Segmentation: By Application
Figure 22 Learning Management Systems Market Segmentation: By Deployment Type
Figure 23 Learning Management Systems Market Segmentation: By User Type
Figure 24 Learning Management Systems Market Segmentation: By Region
Figure 25 Learning Management Systems Market: Drivers, Restraints, Opportunities, Challenges, and Burning Issues
Figure 26 Value Chain Analysis
Figure 27 Porter’s Five Forces Analysis (2015): Availability of Substitute Products Have Decreased the Value of the Educational Learning Products
Figure 28 Learner Management and Content Management are Leading the Products  Market
Figure 29 Content Management is Expected to Show Considerable Growth in Latin America
Figure 30 Adminstration is Expected to Show Considerable Growth in the Asia-Pacific and Latin American Regions
Figure 31 North America Expected to Dominate the Learner Management Market in Terms of Revenue
Figure 32 Virtual Instructor Training Expected to Experience the Highest Growth Rate in the Applications Segment
Figure 33 Distance Learning is Expected to Have the Largest Market Size in Academic User Segment
Figure 34 Distance Learning is Expected to Show Considerable Growth in the Latin American Region
Figure 35 Virtual Instructor Training is Expected to Grow at the Highest CAGR in the Corporate User Segment
Figure 36 Virtual Instructor Training is Expected to Show Considerable Growth Rate in All the Regions
Figure 37 SAAS Deployment Type Market Size is Expected to Double By 2020
Figure 38 Corporate User Segment is Expected to Exhibit the Fastest Growth Rate During the Forecast Period
Figure 39 North America Expected to Dominate the Academic User Segment in Terms of Revenue
Figure 40 K-12 is Expected to Exhibit the Fastest Growth Rate in the Academic User Segment
Figure 41 Communication and Collaboration Expected to Exhibit the Highest Growth Rate in the Academic User Segment
Figure 42 Smes are Expected to Exhibit the Highest Growth  Rate in the Corporate User Segment
Figure 43 Latin America is Expected to Grow at the Higehst CAGR in the Corporate User Segment
Figure 44 Performance Management is Expected to Show Considerable Growth in the Sme User Segment
Figure 45 BFSI Expected to Show Considerable Growth in the Latin America and Middle East and Africa Region
Figure 46 Manufacturing Expected to Exhibit the Highest Growth Rate in the Asia-Pacific Region
Figure 47 Geographic Snapshot – Asia-Pacific Emerging as A New Hotspot
Figure 48 Asia-Pacific: One of the Attractive Destinations for Almost All Products
Figure 49 Geographic Snapshot (2015-2020): Asia-Pacific and Latin America are Attractive Destinations for the Overall LMS Market
Figure 50 North America Market Snapshot (2015-2020): Learner Management is Expected to Contribute Maximum to the Market Value in 2015
Figure 51 Asia-Pacific LMS Market Snapshot –  Adminstration Expected to Gain Popularity By 2020
Figure 52 Asia-Pacific is One of the Fastest Growing Regions in the LMS Market
Figure 53 Companies Adopted Partnerships, Collaborations, and Agreements as the Key Growth Strategies From 2012 to 2015
Figure 54 Vendor Product Portfolio Comparison
Figure 55 Xerox Grew at the Highest Rate Between 2010 and 2014
Figure 56 Market Evaluation Framework
Figure 57 Battle for Market Share: Partnerships, Agreements, and Collaborations Was the Key Strategy Adopted By Companies in the LMS Market, 2012–2015
Figure 58 Geographic Revenue Mix of Top 4 Market Players
Figure 59 Blackboard, Inc.: Company Snapshot
Figure 60 Blackboard, Inc.: SWOT Analysis
Figure 61 Cornerstone Ondemand: Company Snapshot
Figure 62 Cornerstone Ondemand: SWOT Analysis
Figure 63 Xerox Corporation: Company Snapshot
Figure 64 Xerox Corporation: SWOT Analysis
Figure 65 IBM Corporation.: Company Snapshot
Figure 66 IBM Corporation: SWOT Analysis
Figure 67 Netdimensions: Company Snapshot
Figure 68 Netdimensions: SWOT Analysis
Figure 69 SAP AG: Company Snapshot
Figure 70 SABA Software: Company Snapshot
Figure 71 Mcgraw-Hill: Company Snapshot
Figure 72 Pearson: Company Snapshot
Figure 73 D2L: Company Snapshot

The LMS market continues to evolve and exhibits expansive growth in the years to come. This market is expected to grow substantially with fast-paced adoption among the corporate and academic sector. LMS refers to a software application used for planning, delivering, managing, and assessing a learning process. The LMS vendors commenced offering content management, performance management, and collaboration for monitoring progress and performance in the late 1960’s. Initially, these learning technologies were deployed by large universities and organizations as they had sufficient capital and IT to support these services. Furthermore, the increasing growth of learning applications and the rising adoption of digital learning has made education more flexible and innovative for the end users.

LMS is experiencing a rapid adoption pace as it addresses the needs of flexible and holistic learning. LMS supports in managing a huge pool of information and allowing trainers to create content for the course and design, thus, generating a dynamic learning environment. These solutions are graded to be receptive and scalable to suit the organization’s requirements. These applications focus on supporting the learning activities to suit the pace of the user and facilitate just-in-time learning. The LMS applications assist in creating a more engaging and personalized learning environment in a digitized life.

The SaaS delivery of LMS applications, designed by blending cloud technology with customary learning management solutions, has empowered the organizations to focus on the delivery of effective training and development practices by offloading the burden of the maintenance of LMS to the vendors. Proprietary or open source, fundamentally, the LMS applications help in improved training administration and efficient management of learning activities.

The adoption of LMS educational products is expansive among the corporate sector, as they require these products for better learning and training of employees. Moreover, North America in general, and the U.S. and Canada in particular, are rapidly adopting digital products as there is substantial coverage of mobile devices and varied channels of delivery across organizations for offering services to its customers.

The LMS market is rapidly gaining traction, which is evident with the acquisitions of Schoolwires by Blackboard, Requestec by Blackboard, Evolv,Inc., by Cornerstone OnDemand, and CPAS Systems by Xerox Corporation. The major players involved in this ecosystem include Blackboard, Cornerstone OnDemand, NetDimensions, IBM, Xerox Corporation, Saba Software, and Ellucian among various others. However, it is anticipated that the major vendors would face tough competition from the local vendors from diverse regions, especially in the field of learning technology.

The report analyzes the significance of implementing learning technologies that would help learners collaborate and share the desired information from any virtual environment. The market is segmented into products, applications, and user type.

MarketsandMarkets expects the total LMS market to grow from USD 4.07 Billion in 2015 to USD 11.34 Billion by 2020 at a Compound Annual Growth Rate (CAGR) of 22.8% during the forecast period.

The overall market size of the LMS market is the summation of revenues generated by academic and corporate users by the implementation of LMS products.

Learning Management Systems (LMS) Market

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