LMS market in the US to grow at a CAGR of 23.20% over the period 2015 - 2019; Finds New Report

Report forecast the LMS market in the US to grow at a CAGR of 23.20 percent over the period 2014-2019.

An LMS is a software application that is used to plan, deliver, and manage learning processes. It use web-based technology to create and deliver content and track and evaluate the performance of participants involved in learning activities. LMSs are widely adopted by corporates and educational institutions, especially for higher education. The substantial cost benefits and proven results of increased efficiency and productivity of employees have led many firms worldwide to completely replace traditional forms of learning with LMSs.

This report covers the present scenario and the growth prospects of the LMS market in the US during the period 2015-2019. To calculate the market size, the report takes into account the revenue generated through the sales of LMS and related services for a fee or subscription. The report also considers the demand for LMS from the following end-users: Corporate, Higher Education, K-12, and Pre K-12.

According to the lead analyst of this report,cloud-based Learning Management System (LMS) usage is a key trend in the market. With growing competition, companies are trying to remain competitive with the help of a skilled workforce and for this, they are using cloud-based LMSs to provide training at a substantially reduced cost.

According to the report, an increase in the adoption of e-learning is a major driver in the market. Many organizations implementing e-learning through online courseware have increased the need for LMSs for content creation, management and delivery to end-users.

Further, the report states that technical barriers to LMS implementation has become a major challenge for the market. Users are facing difficulty while installing an LMS in their organization, as they are unable to customize it as per their requirements.

LMS Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the LMS market landscape in the US and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

This report covers the following companies as the key players in the LMS Market in US: Adobe Systems Inc., Blackboard Inc., Cornerstone OnDemand, Oracle Corp., SAP AG and Skillsoft Ltd.

Other Prominent Vendors in the market are: Allen Communications Learning Services, Aptara, Articulate, City & Guilds, Desire2Learn, Docebo, Edmodo, GP Strategies, Haiku Learning, Saba Software, Schoology and Tata Interactive Systems.

Market Driver

• Increased Adoption of E-learning
• For a full, detailed list, view our report

Market Challenge

• Technical Barriers in LMS Implementation
• For a full, detailed list, view our report

Market Trend

• Cloud-based LMS Usage
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 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 96 pages, “Learning Management System (LMS) Market in the US 2015 - 2019” report covers the Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Application, Market Segmentation by End-users, Application Impact Matrix, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://mrr.cm/4pF

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