London, 02 March 2015 – Growing popularity of e-learning has led to the growth in the Learning Management System (LMS) Market in US, which is expected to post a CAGR of 23.20 percent from 2014-2019, says research firm TechNavio.
About the Report
The latest report by TechNavio emphasizes the growing demand for quick and efficient training and learning techniques. As business scenarios constantly evolve, a majority of organizations have adopted some form of e-learning, as these systems are effective for knowledge retention, and can help improve the learner’s productivity, work quality and learning curve.
“There has been a gradual rise in the enrollment of students in online courses. Therefore, it has become imperative for the organizations to maintain effective systems for managing student records and their performance on a real-time basis,” says Faisal Ghaus, Vice President of TechNavio
The new TechNavio report also emphasizes the exponential growth of cloud-based learning management systems, as it can lead to huge cost benefits to the organizations.
“While using the cloud, users don’t need to install the LMS on their servers, which substantially reduces the costs incurred by the company. Cloud-based systems also allow small businesses and institutions that do not have the required expertise and skilled staff to manage LMS implementation,” says Ghaus.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2019
Market Growth Drivers:
- Increase in Adoption of E-learning
- For a full detailed list, view our report.
Market Challenges:
- Technical Barriers to LMS Implementation
- For a full detailed list, view our report.
Market Trends:
- Cloud-based LMS Usage
- For a full detailed list, view our report.
Key Vendors:
- Adobe Systems Inc.
- Blackboard Inc.
- Cornerstone OnDemand
- Oracle Corp
Other Prominent Vendors:
- Allen Communications Learning Services
- City & Guilds
- Desire2Learn
- Docebo
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
