Report forecast the learning management system (academic and
corporate) market in US to grow at a CAGR of 23.32% during the period
2016-2020.
Learning Management System is a software application used to
plan, deliver, and manage the learning process. It uses web-based technology to
manage, administer, track, report, and evaluate the performance of
participants. LMS is widely adopted by corporates and educational institutions,
especially for higher education. Substantial cost benefits and increased
employee efficiency and productivity have encouraged many companies worldwide
to replace traditional forms of learning with LMS. Organizations, especially
those with businesses across the world, are increasingly adopting LMS for
training their employees.
The report covers the present scenario and the growth
prospects of the learning management system (academic and corporate) market in
US for 2016-2020. To calculate the market size, the report considers the
revenue generated from the sales of LMS and related services for a fee or
subscription.
The market is divided into the following segments based
on geography by revenue:
- Canada
- France
- Germany
- ROW
- UK
- US
According to the report, use of analytics in organizations
will be a key driver for market. An enterprise LMS comprises features for
training, analytics, and reporting. Reporting refers to the viewing of data and
analytics uses data to gain insights and draw conclusions. With the increase in
the amount of digital data generated across institutions and enterprises, many
LMS have begun to offer built-in analytics solutions. Several early users of
LMS have built their own analytics systems running on Microsoft SQL Server or
other data warehouse technologies. An analytics solution utilizes data
collected at each level of the organizational hierarchy, which allows the
higher authorities like the manager, director, vice president or business-unit
executive to see the aggregated results as directly computed reports. These
reports are generally offered through a multidimensional or online analytical
processing (OLAP) technology.
Further, the report states that one of the challenges for
the market will be ineffective evaluation of metrics. The absence of
appropriate metrics is making it difficult for organizations to measure the
training efficiency achieved after adopting LMS. Users are making decisions by
relying on activity and volume-based metrics that include registrations, test
scores, and hours spent on training. Organizations are unable to quantify the
system's performance outcomes and provide proper guidance due to the improper
LMS assessment techniques.
Learning Management System (Academic and Corporate)
Market in US 2016-2020, has been prepared based on an in-depth market
analysis with inputs from industry experts. The report covers the market
landscape and its growth prospects over the coming years. The report also
includes a discussion of the key vendors operating in this market.
key players in the learning management system (academic and
corporate) market in US: Adobe Systems, Blackboard, Cornerstone, Oracle, SAP,
and Skillsoft.
Other Prominent Vendors in the market are: Aptara,
Articulate, Desire2Learn, Edmodo, GP Strategies, Haiku Learning, Saba Software,
and Schoology.
Market driver
- Acknowledged as core component of e-learning ecosystem
- For a full, detailed list, view our report
Market challenge
- Inadequate trained personnel for using LMS
- For a full, detailed list, view our report
Market trend
- Emergence of mobile solutions and applications
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 65 pages and 34 Exhibit “Academic
and Corporate LMS Market in the US 2016 - 2020” report covers Executive
summary, Scope of the report, Market research methodology, Introduction, Market
landscape, Market segmentation by application, Market segmentation by end-user,
Market drivers, Impact of drivers, Market challenges, Impact of drivers and
challenges, Market trends, Vendor landscape, Key vendor analysis, Other
prominent vendors, Abbreviations.
For
more information Visit at: http://mrr.cm/Jtp
Related Report;
Global Learning Management System Market 2016-2020 - Visit
at - http://mrr.cm/JtG
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