Corporate Learning Management System is Expected to Reach Staggering Market Value by 2030

Pune, India, August 2, 2018/MRFR Press Release/— Market Research Future published a half-cooked research report on global corporate learning management system market research report — Forecast till 2030.

Market Highlights

Corporate learning management systems provide end to end customization and support for making web portals and training modules to improve learning skills through online tools. Primarily, the corporate learning management systems are used in large enterprises. Corporate LMS has been gaining pace across several industry verticals such as IT & telecom, healthcare, government, and defense among others. Continuous innovation in e-learning tools, growing emphasis on continuous learning, and increasing trend of BYOD and enterprise mobility are a few drivers fueling the growth of the corporate learning management system market.    

Key players:

The prominent players in the market of corporate learning management system are Absorb Software (Canada), Adobe Systems (US), Blackboard Inc. (US), CrossKnowledge (US), D2L (Canada), Growth Engineering (UK), IBM Corporation (US), iSpring Suite (US), Oracle Corporation (US), SAP SE (Germany) among others.

 Other players in the market include Cornerstone OnDemand (US), Tata Interactive Systems (India), Upside Learning (India), Epignosis (US), Geenio (Cyprus), Instructure Inc. (US), G-Cube (India), Docebo LMS (Canada), Saba Software (US), Expertus inc. (US), LearnUpon (Ireland), Mindflash Technologies Inc. (US), SumTotal Systems (US), Cypher Learning (US), Latitude CG (US), and Schoology Corporation (US) among others.

Regional Analysis

The global market for corporate learning management systems is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of corporate learning management system market is studied for North America, Europe, Asia-Pacific, and the rest of the world.

North America is expected to dominate the corporate learning management system market during the forecast period. Technical advancements in learning methods and increasing adoption of e-learning tools are expected to fuel the corporate learning management system market in North America. Latin America and the Middle East & Africa (LMEA) is expected to grow steadily due to the increasing trends of enterprise mobility and BYOD.

Europe is expected grow at a stable rate during the forecast period. Presence of huge car manufacturing sector drives the corporate learning management system market in Europe. Asia-Pacific is expected grow at a faster rate during the forecast period.