A Corporate Learning Management System can be termed as software which is used for delivering online courses and other learning content to individuals. The management system provides people for getting onboard new employees, and providing them the knowledge and skills required to perform their roles, and, ultimately advance in their careers. According to the analyst, the market segments section mainly comprises of fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers like the new adaptive technologies of the organizations and enterprises that are investing in the learning management system.
Top Key Players Covered in Corporate Learning Management System (LMS) Market
Absorb Software, Adobe Systems, Blackboard, Cornerstone OnDemand , CrossKnowledge, CYPHER LEARNING, D2L, Docebo, Epignosis, Expertus, G-Cube, Geenio, Growth Engineering, IBM, Instructure, iSpring, Latitude CG, LearnUpon, Mindflash, Oracle, Saba Software, SAP, Schoology, SumTotal Systems, Tata Interactive Systems, Upside Learning and other major players.
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For the Purpose Of This Report, Reports And Data Has Segmented The Corporate Learning Management System (LMS) Market On The Basis Of Type, By Source, By Product, And Region:
By Component
- Software
- Services
By Deployment Type
- Cloud Based
- On premises
By Vertical
- Software & Technologies
- Healthcare
- Retail
- Manufacturing
- BFSI
- Government & Defense
- Energy & Utilities
- Telecom
- Others
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By Region
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Salient Features of the Corporate Learning Management System (LMS) Market
Global Corporate Learning Management System (LMS) market was valued at USD 6.03 billion in 2021 and is expected to reach USD 28.98 billion by the year 2028, at a CAGR of 25.14%.
- The increase in e-learning and online education may expand the growth of the market in the forecast period.
- Based on the deployment segment, the on-premises segment dominates the segment with the market share of 43.05% and the market size of USD 18.87 billion in the year 2019 with the CAGR of 26.44% and is expected to be the size of USD 26.28 billion in the year 2027.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of Corporate Learning Management System (LMS) Market
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