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Learning Management System Market Growing at CAGR of 22% and will Generate USD 17 Billion Revenue by 2022PUNE, India, June 14, 2017 /PRNewswire/ -- Market research future published a half-cooked research report on Learning Management System market. The global market for Learning Management System market is expected to grow over the CAGR of around ~22% during the period 2016 to 2022 and expected to grow at market size of USD ~17 billion in 2022. Growing need of cost effective training & development system is boosting the Learning Management System Market.
Market Highlights The global Learning Management System market has been evaluated as growing market and expected that the market will touch high growth figures in upcoming years. Absorb LMS, Moodle LMS, D2L bright space LMS, Edmodo LMS, and Canvas LMS are some of the popular learning management software in the market. Major industries such as IBM Corporation, Xerox Corporation, Oracle Corporation, and Edmodo among other prominent players are serving the demand of learning management software by industries such as corporate and academics among others. Taste the market data and market information presented through more than 40 market data tables and figures spread over 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on "The Global Learning Management System Market Research Report -Forecast to 2022. Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/1858 Learning Management System Market: The Learning Management System can be segmented into services, deployment model and applications. Learning management software provides various services which include content management, performance management, administration, communication & collaboration among others. These services are provided by using cloud and on-premise deployment model to serve application sectors such as corporate and academics among others. The major participants of this market are Edmodo (California), Blackboard, Inc. (U.S.), IBM corporation (U.S.), SAP SE (Germany), Xerox corporation (U.S.), Oracle Corporation (U.S.), McGraw-Hill Education (U.S.), Cornerstone On demand, Inc. (U.S.), D2L Corporation (Canada), and Saba Software, Inc. (U.S.) among others. Market Research Analysis: A Learning management system is a software which manages and control all administrative framework of educational and corporate training & development context. It provides web based and mobile tools and infrastructure with powerful API and integration process to the management of the industries. The growing concern for quality education and learning system is playing an important role in increasing the market of learning management software in the global region. Also, improving and increasing cloud solutions is supporting the market growth of this industry. The cost-effective solution of the learning management software and increasing government initiatives is also fueling the market growth. However, lack of skilled expertise is the current challenges for the market growth. Access Report Details @ https://www.marketresearchfuture.com/reports/learning-management-system-market-1858 Commenting on the report, an analyst from Market Research Future (MRFR)'s team said: "Growing need for Learning Management System for training & development especially in academics and corporate sector is the key trend for this market. Growing cloud computing technology is developing opportunity for software developers to build efficient learning management software to serve the growing demand and therefore, America and Asia-pacific countries are taking many initiatives to build strong market of Learning Management System in the region " According to the report, Asia-pacific region is growing due to high demand of cost effective learning management solution by the industries and thereby is increasing Learning Management System market in the region. Further, the report state less maturity in end-users is a challenge to the market growth. Browse Related Report Global Corporate E-learning Market Information, by Technology (Web-Based, LMS, LCMS, Podcasts, Virtual Classrooms, Mobile E-Learning), by Training Type (Instructor-led & Text based, Outsourced) - Forecast 2016-2022 https://www.marketresearchfuture.com/reports/corporate-e-learning-market-1381 About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/learning-management-system-market-growing-at-cagr-of-22-and-will-generate-usd-17-billion-revenue-by-2022-300473769.html SOURCE Market Research Future 
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