Learning Management System – Introduction & Importance

Learning management system is commonly referred to as ‘LMS’ which is its abbreviation. At its heart, it is a software that was formed with a purpose to ease the load off the teachers & instructors who impart education. It can help them to administer, document, monitor, report and deliver educational courses or training programs. In the past, the teachers had to do all of these things by themselves and it used to get tiresome after a certain point. But with LMS, they can now heave a sigh of relief. In the past few years, this software has made a name for itself in the education industry. Thanks to this fact, the global Learning Management System Market is getting impetus.

Learning management system has the ability to handle the delivery and follow up of the educational content. Apart from that it can also manage various other procedures like online course administration, tracking, student administration and inspection of a student’s work. And there are some distinct LMSs that can also assess whether or not a student is meeting his or her academic goals.

On the whole, this software is a big hit in the education sector and holds great future potential.

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Key Players for learning Management System Market:

Some of the major players in Global learning management system Market includes Edmodo (California), Blackboard, Inc. (U.S.), IBM corporation (U.S.), SAP SE (Germany), Xerox corporation (U.S.), Oracle Corporation (U.S.), McGraw-Hill Education (U.S.), Cornerstone On demand, Inc. (U.S.), D2L Corporation (Canada), and Saba Software, Inc. (U.S.) among others.

Market Segmentation

The worldwide learning management system market has been segregated into four equal divisions. They can be listed as services, applications, geographies and deployment methods.

When it comes to services, the industry is further sub-segmented into content management, administration, communication & collaboration and performance management.

On account of applications, the market is bifurcated into academics and corporate.

Geographically, the market is spread across various areas of the world like North America, Asia Pacific Europe and Rest of the World. Out of these North America has an edge over the other regions and holds the largest market share. It is because the individuals in this area are more knowledgeable and open to accepting this concept. Europe comes second after North America. Asia Pacific is growing rapidly and is expected to override other countries in the coming years.

Lastly, based on deployment methods the market has divided into on premise and cloud.

Innovations

The global learning management market has witnessed many important innovations over the years. Just recently, an LMS software that is compatible with mobile devices was recently. This is one innovation that has stood out and proved its worth. Many organizations have started choosing this software over the traditional one owing to its ease of use and convenience.

Learning Management System Market: Regional Analysis

Learning management system global market is expected to be dominated by North America with the largest market share due to increasing awareness and growing adoption of learning management system by organizations in the region, and therefore accounting for a huge economy by 2022. Learning Management System Market in Asia-Pacific market is expected to grow at a considerable rate of CAGR. The learning management system market growth is driven due to increasing demand by organization for cost-effective learning system to train their employees which would give better return on investment in the future.

Target Audience:

Hardware and software service providers
Education sector
System administrators
Network service providers
Corporate training
Government
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Table of Contents:

Report Prologue
Introduction
2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

2.3 Market Structure

Research Methodology
3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

Market Dynamics
4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

Market Factor Analysis
5.1 Value Chain Analysis/Supply Chain Analysis

5.2 Porters Five Forces

5.2.1. Bargaining Power Of Suppliers

5.2.2. Bargaining Power Of Customer

5.2.3. Intensity Of Competitor’s

5.2.4. Threat Of New Entrants

5.2.5 Threat Of Substitutes

Continued…

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