Learning Management Systems Market Estimated to Hit 4.5$ Billion by End of 2020.
Blackboard, Moodle, Desire2Learn, Canvas, Angel and Sakai are the top LMS software solution providers in the higher education sector as illustrated in the figure above. Blackboard holds the majority market share followed by Moodle and Desire2Learn.
Hyderabad, India, January 13, 2016 (Newswire.com) - A Learning Management System (LMS) is software or the category of software which is used to perform multiple tasks like documentation, tracking, reporting, and administration of online learning of educational courses or corporate training material. The global LMS market had revenues of around $2.15bn in 2013 and this is expected to increase to around $4.7bn at a CAGR of around 17%.
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A Learning Management System (LMS) is software or the category of software which is used to perform multiple tasks like documentation, tracking, reporting, and administration of online learning of educational courses or corporate training material. The global LMS market had revenues of around $2.15bn in 2013 and this is expected to increase to around $4.7bn at a CAGR of around 17%. To Know More, Download Sample Brochure of the report @ http://www.industryarc.com/pdfdownload.php?id=1259
Mr. Sanjay Mathews
There are around 500 LMS solutions based on proprietary software as well as open source offerings, but the market is dominated by established companies like Blackboard, Desire2Learn, Instructure etc with respect to revenues. However open source offerings like Sakai, Moodle, ILIAS, A Tutor also have significant user share in this industry.
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Most universities across US, Canada, Australia either opt for commercial or open source LMS solutions which are then self-managed or hosted on third party service providers. Overall, around 64% use hosting services for their LMS software solutions with the remaining opting for self-managed or on-campus hosting. The scope for managed hosting across APAC, Europe and other geographic regions is also comparatively huge.
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Blackboard, Moodle, Desire2Learn, Canvas, Angel and Sakai are the top LMS software solution providers in the higher education sector as illustrated in the figure above. Blackboard holds the majority market share followed by Moodle and Desire2Learn.
Key Players in the market:
Company Profiles (Overview, Financials, SWOT Analysis, Developments, Product Portfolio)
· Blackboard Inc
· Moodle
· Desire2Learn Inc
· SAP
· Saba Software
Key Concepts Covered in the report:
Ø Global Learning Management Systems (LMS) Market – Market Forces
· Market Drivers
· Market Constraints
· Market Challenges
· Attractiveness of the Learning Management Systems Industry
Ø Global Learning Management Systems Market – Strategic Analysis
· Value Chain Analysis
· Pricing Analysis
· Opportunities Analysis
· Product/Market Life Cycle Analysis
· Suppliers and Distributors
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