The U.S. Learning Management Systems (LMS) market is expected to grow from $1140.0 million in 2013 to $3215.6 million in 2018 at an estimated CAGR of 23.0% during the period 2013-2018. The market is primarily driven by the increased spending by educational institutions and organizations.
U.S. Learning Management Systems (LMS) cater the need of comprehensive learning module that allows experts to create customized content for the courses and to design unique lesson delivery structure. Thus, U.S. Learning Management Systems help in creating a holistic and dynamic learning environment. The solutions offered by U.S. Learning Management Systems are flexible and scalable that best suit the specific organizational requirements. The U.S. Learning Management Systems (LMS) applications help in creating a more interactive and personalized learning environment in a digitized life. Moreover, it supports enterprises to address the skill imbalance challenge by managing capabilities effectively. Blending traditional learning management solutions with cloud technology, the SaaS delivery of U.S. Learning Management Systems applications have been designed so that organizations can focus on the delivery of effective training and development practices and outsource the burden of LMS maintenance to the vendors.
Numbers of collaboration have been witnessed between U.S. Learning Management Systems providers and universities/ organizations in recent times. U.S. government has also taken many initiatives in order to revamp the inefficiencies of conventional learning module. Educational institutions are investing huge amount for adopting latest and sophisticated learning technology which has broaden the scope of LMS in U.S.
The report, U.S. Learning Management Systems (LMS) market provides a competitive benchmarking of leading players in this market such as Automatic Data Processing, Inc., Blackboard Inc., Cornerstone Ondemand, Inc, Desire2learn Incorporated and IBM Corporation in terms of their product offerings, key strategies and operational parameters. The report further provides U.S. market trend, overall adoption scenario, competitive landscape and key drivers, restraints, and opportunities. The report aims at estimating the current market size and the future growth potential of the different U.S. Learning Management Systems offerings across different products, end-users, and deployment models.