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Widespread Adoption of E-Learning Methods will Spur Growth in the LMS Market in US by 2019: TechNavioGrowing 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 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 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 reducs 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:
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