Learning Management System Market, 2016 – 2022
Global learning management system market is expected to reach USD 19.05 billion in 2022, growing at a CAGR of 24% between 2017 and 2022.
Global learning management system market is expected to reach USD 19.05 billion in 2022, growing at a CAGR of 24% between 2017 and 2022.
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<strong>Learning</strong> <strong>Management</strong> <strong>System</strong> <strong>Market</strong><br />
Global <strong>Learning</strong> <strong>Management</strong> <strong>System</strong> <strong>Market</strong> worth to gain $19.05 bn by <strong>2022</strong>, according to new<br />
statistics released by the Zion <strong>Market</strong> Research, the market research group.<br />
<strong>Learning</strong> management system is software which allows the user to plan, access and execute<br />
education process. Colleges and companies use them to deliver online training, core corporate<br />
sectors them for training purposes as well as for maintaining employee records. Some other<br />
online systems are used to support course delivery and provide online learning and blended<br />
learning opportunities for students and employees. Another purpose of learning management<br />
system is to offer courses that provide students access to education.<br />
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<strong>Learning</strong> management system is divided into North America, Europe, Asia-Pacific, Latin America<br />
and Middle East & Africa. Geographically, North America is dominating the learning management<br />
system market. Due to rising need of effective and quality education, North America is playing<br />
the prominent role in this market. Educational institution and corporate sectors are strongly<br />
adopting the learning management system which is helping to impel the market growth of<br />
learning management software. However, the major restraining factor of learning management<br />
system in North America is the low degree of customization and low desired integration. Several
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