Global LMS Market\, 2018-2023 by Component (Solution and Services)\, Delivery Mode (Distance Learning\, Instructor-Led Training and Blended Learning)\, Deployment Type\, User Type (Academic and Corporate) - ResearchAndMarkets.com

Global LMS Market, 2018-2023 by Component (Solution and Services), Delivery Mode (Distance Learning, Instructor-Led Training and Blended Learning), Deployment Type, User Type (Academic and Corporate) - ResearchAndMarkets.com

DUBLIN--()--The "LMS Market by Component (Solution and Services), Delivery Mode (Distance Learning, Instructor-Led Training and Blended Learning), Deployment Type, User Type (Academic and Corporate), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The global LMS market size is expected to grow from USD 9.2 billion in 2018 to USD 22.4 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 19.6% during the forecast period during the forecast period.

The LMS market is expected to grow significantly in the coming years with the rapid adoption of LMS solutions among corporates and academic institutions. LMS is a software application that is used for planning, delivering, managing, and assessing a learning process. LMS was developed from the eLearning industry and helps in efficiently transforming traditional classroom learning to online, computer-aided delivery of lessons.

The main growth factors for the LMS market include the increasing adoption of digital learning, growing inclination toward Bring Your Own Device (BYOD) policy and enterprise mobility, extensive government initiatives for the growth of LMS, the growing use of Artificial Intelligence (AI) and Machine Learning (ML) in LMS, and increasing significance of eLearning in corporate and academic setups. Opportunities in the LMS market include the increase in demand for gamification in LMS to provide opportunities for LMS vendors and the rise in cloud adoption among corporates and academic institutions.

A major restraint for the market growth is low motivation and engagement in organizations to adopt LMS solutions. The lack of technical support post-implementation of LMS and the lack of skilled trainers and instructors are the major challenges for the growth of the LMS market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview and Industry Trends

6 LMS Market By Component

7 LMS Market By Delivery Mode

8 LMS Market By Deployment Type

9 LMS Market By User Type

10 LMS Market, By Region

11 Competitive Landscape

12 Company Profiles

  • Absorb Software
  • Adobe Systems
  • Blackboard
  • Cornerstone Ondemand, Inc.
  • Crossknowledge
  • D2l Corporation
  • Docebo
  • Educomp
  • Epignosis
  • G-Cube
  • IBM
  • Instructure
  • Ispring Solutions
  • Knowledge Anywhere
  • Lattitude CG
  • Mcgraw-Hill
  • MPS
  • Oracle
  • Paradiso
  • Pearson
  • Saba Software
  • SAP
  • Schoology
  • Skyprep Inc
  • Sumtotal Systems
  • Upside LMS

For more information about this report visit https://www.researchandmarkets.com/research/5js4jb/global_lms?w=4