The Learning Management Systems (LMS) are experiencing a rapid adoption pace as they address the needs of flexible and holistic learning. The LMS support in managing huge pool of information and allow instructors to create content for the course and design the lesson delivery structure thus creating a dynamic learning environment. These solutions are rated to be responsive and scalable to suit the organization's requirements. These applications focus on aligning the learning activities to suit the pace of the user and facilitate just-in-time learning. The LMS applications assist in creating a more engaging and personalized learning environment in a digitized life. Overall, it supports organizations to deal with the skill imbalance challenge and effectively manage capabilities. - Learning Management Systems (LMS) Market 2013 - 2018
The SaaS delivery of LMS applications designed by blending cloud technology with traditional learning management solutions have empowered the organizations to focus on the delivery of effective training and development practices by offloading the burden of maintenance of LMS to the vendors. The open source options of LMS are becoming relevant as they reduce the cost of ownership and deliver customization flexibility to address unique needs. Proprietary or open source, inherently the LMS applications help in better training administration and efficient management of learning activities. - Learning Management Systems (LMS) Market 2013 - 2018
The LMS applications have emerged from the e-learning industry to effectively transform traditional classroom learning to online, computer-aided delivery of lessons. Though compliance issues confine the integration of LMS into the training and development processes, academic and corporate organizations are gradually realizing the benefits of continuous and flexible learning. The global adoption scenario of LMS across various verticals including academia for executing learning programs is an indication of its optimistic growth in future. The LMS applications are well marketed by educationists and early adopters advocating the benefits of this web-based application.
Learning Management Systems (LMS) Market 2013 - 2018 expects an increasing uptake of the LMS applications across the verticals for efficient delivery and management of learning activities. The adoption of these solutions is proliferating, as organization focus on continuous learning rather than compulsive training. The LMS solutions are expected to gain traction with educationists and consultants encouraging organizations to focus on holistic development, capability and talent management.
Learning Management Systems (LMS) Market 2013 - 2018 forecasts the Learning Management Systems market to grow from $2.55 billion in 2013 to $7.83 billion in 2018, at a CAGR of 25.2% during the forecast period. The overall size of Learning Management Systems market is equal to the sum of the revenues from academic and corporate users of LMS. The table and figure below highlights the Y-o-Y growth trend for the LMS market. The Learning Management Systems market is expected to experience a growth of 23.17% during the period 2017 to 2018. -Learning Management Systems (LMS) Market 2013 - 2018