Global Corporate Learning Management System Market (2020 to 2024) - Size & Forecasts with Impact Analysis of COVID-19 - ResearchAndMarkets.com

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The "Global Corporate Learning Management System (CLMS) Market: Size & Forecasts with Impact Analysis of COVID-19 (2020-2024 Edition)" report has been added to ResearchAndMarkets.com's offering.

This report provides an in-depth analysis of the corporate LMS market including detailed description of market sizing and growth. The report provides analysis of the corporate learning management system market by value and by organization size. The report also includes regional analysis of the corporate learning management system market for the following regions: North America, EMEA (Europe, Middle East & Africa) and the Asia Pacific.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall corporate learning management system market has also been forecasted for the period 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

Corporate learning management systems have been segmented on the basis of organization size, industry, deployment type and mode of delivery. On the basis of organization size, corporate LMS has been divided into large enterprises and small and medium enterprises (SMEs). Various industries in which corporate LMS are used include banking, financial services and insurance (BFSI), information technology (IT), retail, government, aerospace & defense, healthcare and others. On the basis of deployment type, corporate LMS has been segregated into on-premise and cloud. Modes of delivery for corporate LMS include distance learning, instructor-led learning and mixed/blended learning.

The global corporate learning management system market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2020-2024). The market is expected to be driven by various growth-enhancing factors such as increasing adoption of cloud technology, rising use of LMS through mobile devices, widening skills gap, rising employment level, etc. However, the market is not free from challenges that are hindering its growth. Some of the major challenges faced by the market are data breaches and high implementation costs.

Market Dynamics

Drivers

  • Increasing Adoption of Cloud Technology

  • Rising Use of LMS through Mobile Devices

  • Growth of Big Data

  • Rising Employment Level

  • Widening Skills Gap

Challenges

  • Data Breaches

  • High Implementation Costs

Trends

  • Social Learning Capabilties

  • Gamification

Company Coverage

  • Docebo

  • Adobe Inc.

  • Cornerstone OnDemand Inc.

  • John Wiley & Sons Inc.

For more information about this report visit https://www.researchandmarkets.com/r/a4ya55

View source version on businesswire.com: https://www.businesswire.com/news/home/20210119005480/en/

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