The On-demand Learning Management System market was valued at US$ 3729.1 million in 2016 and is projected to reach US$ 25.8 billion by 2025, according to a new market research report On-demand Learning Management System Market, by Deployment Model (Public and Private Cloud), by Delivery Mode (Distance learning, Instructor-led Training), by User Type (Academic and Corporate), by End User (Banking, Financial Services, and Insurance, Healthcare, Retail, Government, Manufacturing, IT and Telecom, Consulting, and Others), and by Geography -Global Forecast to 2025, by Coherent Market Insights.
Learning management system is a software application for reporting, tracking, documenting, administrating, and delivering in e-learning training and education courses or programs. The On-demand Learning Management System is an integration of software-as-a-service platform and retains key features of conventional learning management system, including the GUI. Increasing adoption of learning management system by corporate bodies for training purposes is boosting growth of the market. The integration of training management system in various processes of companies helps to manage instructor-led training and learning records store system to store and track the data. Additionally, the integration of performance management systems in learning management system provides the options for skills gap analysis, succession planning, multi-rater assessments, and competency management. This in turn, has increased the demand for On-demand Learning Management System in the corporate sector.
Browse 40 Market Data Tables and 60 Figures spread through 300 Pages and in-depth TOC on " On-demand Learning Management System Market, by Deployment Model (Public and Private Cloud), by Delivery Mode (Distance Learning, Instructor-led Training), by User Type (Academic and Corporate), by End User (Banking, Financial Services, and Insurance, Healthcare, Retail, Government, Manufacturing, IT and Telecom, Consulting, and Others), and BY Geography - Global Forecast to 2025 by Coherent Market Insights."
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