DUBLIN, August 26, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Academic and Corporate LMS Market in the US 2016-2020" report to their offering.

The learning management system (academic and corporate) market in US to grow at a CAGR of 23.32% during the period 2016-2020.

The report covers the present scenario and the growth prospects of the learning management system (academic and corporate) market in US for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of LMS and related services for a fee or subscription.  The report also includes a discussion of the key vendors operating in this market.

Substantial cost benefits and increased employee efficiency and productivity have encouraged many companies worldwide to replace traditional forms of learning with LMS. Organizations, especially those with businesses across the world, are increasingly adopting LMS for training their employees.

Adoption of cloud-based learning management system will be a key trend for market growth. Cloud-based LMS, like SaaS that are hosted in the cloud and accessed through the Internet do not require any software or hardware installation, are, therefore, gaining popularity. These LMS help in automating content creation to course registration. The other benefits of adopting cloud-based LMS include low start-up costs and negligible onsite technical Internet support requirements. It also offers ease of access and other functionalities that allow users to use any device to access course and supplement information.

The centralized learning platform offered in cloud-based LMS stores useful data in one location and facilitates consistent modification and easy evaluation of content. It also allows users to collect data and analyze the progress and learning outcomes to identify courses that are successful and those that require improvement. Some of the cloud-based LMS providers are Docebo, Latitude Learning, Mindflash Technologies, Pearson, and SkillSoft.

Key vendors

• Adobe Systems
• Blackboard
• Cornerstone
• Oracle
• SAP
• Skillsoft

Other prominent vendors

• Aptara
• Articulate
• Desire2Learn
• Edmodo
• GP Strategies
• Haiku Learning
• Saba Software
• Schoology

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by application

Part 07: Market segmentation by end-user

Part 08: Market drivers

Part 09: Impact of drivers

Part 10: Market challenges

Part 11: Impact of drivers and challenges

Part 12: Market trends

Part 13: Vendor landscape

Part 14: Key vendor analysis

Part 15: Other prominent vendors

Part 16: Abbreviations

For more information about this report visit http://www.researchandmarkets.com/research/57qml2/academic_and

Related Topics: Software, Teaching Skills and Equipment

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SOURCE Research and Markets