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Key Findings of the LMS Market in APAC | TechnavioThe latest market research report by Technavio on the LMS market in APAC predicts a CAGR of over 29% during the period 2018-2022. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180201006271/en/ 
Technavio has published a new market research report on the LMS market in APAC 2018-2022 under their education library. (Graphic: Business Wire) The report segments the LMS market in APAC by based on deployment (on-premise and cloud-based) and end-user (corporate LMS and academic LMS). The report also provides an analysis of the market based on the regions such as Australia, China, India, Japan, and Rest of APAC. It provides a detailed illustration of the major factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges. Here are some key findings of the LMS market in APAC, according to Technavio education researchers:
Save more with Technavio. Buy 2 reports and get the third for free: View Technavio's latest discounts and promotions LMS is a cost-effective solution: a major market driver LMS being a cost-effective solution is one of the major factors driving the LMS market in APAC. LMSs are cost-effective one-stop solutions for both academic and corporate end-user segments. One of the key challenges faced by modern organizations is having their systems spread out across various multiple platforms. LMSs provide benefits of centralization of learning with reduced operating costs. This has become a driving force for the growth of the LMS market in APAC, wherein many MNCs are willing to set up their offices. These companies are looking for cost-effective LMS solutions to manage their employee training programs effectively. According to a senior analyst at Technavio for education technology research, "LMSs are enabling companies to save time and money by training their resources through a web-based environment. This is possible because cloud-based LMSs are easily accessible at any-time and from anywhere by both trainers and trainees. This, in turn, is allowing fast and cost-effective learning." Looking for more information on this market? Request a free sample report Technavio's sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more. Segmentation by end-user The LMS market in APAC is segmented by end-users into the academic LMS and corporate LMS segments. The corporate LMS market segment accounted for the largest market share in 2017. This market segment is expected to record a gradual growth during the forecast period owing to the increasing number of corporations seeking to offer innovative e-learning solutions by implementing advanced LMSs in their existing systems. The academic LMS market segment is expected to register the fastest growth in APAC during the forecast period. This is owing to the rising number of schools and colleges offering solutions to maintain and track students' performances and identify any conceptual gaps. China: largest LMS market in APAC The LMS market in APAC has been segmented into countries, including China, India, Australia, Japan, and the Rest of APAC. China accounted for the largest market share in 2017 and is expected to exhibit an increased adoption of cloud-based LMSs in schools, colleges, and corporate organizations during the forecast period. India accounted for the second-largest share in 2017. The market in India should exhibit a rapid growth during the forecast period. This is owing to the increasing penetration of LMS in the higher education sector in India. The market in Australia, Japan, and the Rest of APAC is also witnessing a considerable growth owing to the increasing emphasis on the digitization of education and various government initiatives to improve the quality of education and mainstream the adoption of LMSs. Get a sample copy of the LMS market in APAC report free of cost Access Technavio's continuously growing education technology research library and find expert analysis on hundreds of markets. About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. If you are interested in more information, please contact our media team at [email protected].
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