Corporate Learning Management System Market Growth Forecast 2021-2027
Corporate Learning Management System Market Scenario:
The data experts at Market Research Future Reports (MRFR) have evaluated
the global market for Corporate
Learning Management System Market Growth. As per the study, the global market is estimated to value USD 7
billion, thriving at a CAGR of 27% during the forecast period from 2021 to 2027.
The data experts at MRFR believe that BYOD is likely to be a crucial factor
driving the global corporate learning management market 2021.
In addition, the constant development in the
e-learning sector is another factor resulting in market expansion. Furthermore,
the increase in the need for corporate learning in the organization can further
actuate the market strength in the forthcoming period. Also, the increasing
inclination of enterprises on high-performance, focusing on the generation of
revenue can further expand the market. Further, the application of AI
technology is projected to be an important tool in e-learning solutions which
is a good opportunity for the corporate learning management system.
The COVID-19 pandemic disruption is estimated to
transform the Corporate Learning Management System Market in the years to come
drastically, and its after-effects will be persistently seen in the years
ahead. The MRFR report on the Corporate Learning Management System Market meticulously
tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise
analysis of drivers and restraints in a post-COVID-19 market offers a coherent
understanding of future growth cues.
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Competitive Outlook:
The most established players
of the global CLMS Market are SAP SE (Germany), Adobe
Systems (US), Absorb Software (Canada), Blackboard Inc. (US), D2L (Canada),
CrossKnowledge (US), Growth Engineering (UK), iSpring Suite (US), IBM
Corporation (US), Oracle Corporation (US), and a few others.
Segmentation:
· The global market for
corporate learning management system can be segmented on the basis of delivery
mode, deployment mode, organization size, component, vertical, and geography.
· On the basis of delivery mode,
the global market for corporate learning management system can be segmented
into instructor-led training, distance learning, and blended learning
· On the basis of deployment
mode, the global market for corporate learning management system can be
segmented into on-premises and cloud.
· On the basis of organization
size, the global market for corporate learning management system can be
segmented into small and medium scale enterprises (SME’s) and large
enterprises.
· On the basis of component, the
global market for corporate learning management system can be segmented into
solutions and services.
· On the basis of vertical, the
global market for corporate learning management system can be segmented into IT
& telecom, BFSI, healthcare, manufacturing, retail, government &
defence, and others.
·
On the basis of geography, the global market
for corporate learning management system can be segmented into North America,
Asia-Pacific, Europe, and the Rest of the World (RoW).
Regional
Analysis:
The global
market for corporate learning management is estimated to expand significantly
during the forecast period. Regions such as North America, Asia-Pacific,
Europe, and the Rest of the World (RoW) have been meticulously evaluated. As
per the analysis, the market is estimated to be dominated by North America
during the forecast period. The increasing adoption of e-learning tools is
estimated to be the most significant cause of regional expansion.
Besides, the
implementation of techniques techniques in the learning methods is projected to
be another factor leading to market expansion. Also, the continuous efforts to
develop the technology is another pivotal factor leading to market expansion.
On the other
hand, the APAC region is estimated to expand at a faster rate during the review
period. The market growth in the APAC region majorly relies on the presence of
IT companies that encourage and advance techniques relates to the LMS (Learning
Management System).
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Table
of Contents:
1
Executive Summary
2
Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3
Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4
Market Landscape
Continued….
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