Asia-Pacific Learning Management Systems (LMS) Market Worth $1,196.2 Million by 2019

india, December 4, 2015 (Newswire.com) - The report “Asia Pacific Learning Management Systems Market by Product (Management -Content, Student, Performance, Collaboration, Admin), by User (Academic, Corporate), by Vertical (BFSI, Govt, Healthcare, Retail, Telecom), by Geography - Analysis and Forecast to 2019”, Asia-Pacific Learning Management Systems (LMS) Market is expected to reach $1,196.2 million by 2019.

Browse through the TOC of the Asia Pacific Learning Management Systems Market for an analysis of industry trends and segments, with the help of various tables and figures.

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This report on Asia-Pacific Learning Management Systems (LMS) Market defines and segments this market into various sub-segments with an in-depth analysis and forecasting of revenue. The report also identifies the factors driving this market, various restraints, and different opportunities affecting it, along with the technology roadmap and adoption trends.

The Asia-Pacific learning management systems market is divided on the basis of type of verticals, which are BFSI, consulting services, government, healthcare, manufacturing, retail, telecommunication, Information Technology (IT) and media, and other sectors. The learning management systems market is also segmented by type of product, which are content management, student management, performance management, collaboration, and administration; and by type of deployment model, such as on-premise and School as a Service (SaaS); and by geography, such as China, India, Japan, and Rest of Asia-Pacific.

Major forces driving this market are the increasing adoption of e-learning, businesses emphasizing on continuous learning practices, accountability mandates, and the market trend of employing cloud technology to streamline the learning process. LMS solutions create economies of scale and make learning and development less expensive for organizations. Based on the impact of these LMS solutions on an individual’s development and for the overall growth and success of an organization, the demand for these solutions is constantly increasing. While organizations look forward to integrate LMS into their learning and development framework, the LMS providers are designing systems with robust capabilities to extend support for social and mobile learning. These providers are also consolidating their grounds in the highly competitive market through mergers & acquisitions to build feature-rich solutions and attain a better market visibility.

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The need to manage and elevate the e-learning process, along with the cost-efficient and effective learning and development programs, is manifesting the growth in the APAC learning management systems market. Though the adoption of these solutions was initially gradual, due to various concerns of integration, support, and compliance standards, these solutions are now witnessing wide acceptance across various verticals. The convenience of flexible learning and choices for curriculum creation and delivery that LMS provides is expected to bring a greater demand for these solutions. To serve a grouped audience, the LMS providers are addressing the integration challenges by designing solutions that adhere to the compliance standards. The amalgamation of LMS within the existing learning framework will enable continuous learning and content-reusability.

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MicroMarketMonitor forecasts the APAC LMS market to grow from $326.8 million in 2014 to $1,196.2 million in 2019, at a CAGR of 29.6% during the forecast period. In terms of geography, China is expected to be the biggest market in its revenue contribution, while India and Japan are expected to experience increased market traction during the forecast period.

Key Players in the Asia-Pacific Learning Management Systems (LMS) market are Automatic Data Processing, Inc., Blackboard Inc., Cornerstone Ondemand, Inc, Desire2learn Incorporated, and IBM Corporation.

Related Report:

Latin America Learning Management System Market

The Latin American learning management systems (LMS) market is expected to grow from $44.3 million in 2014 to $209.2 million in 2019, at an estimated CAGR of 36.4%, during the period 2014-2019. The Latin American learning management systems (LMS) cater to the need of comprehensive learning module that allows experts to create customized content for the courses and to design unique lesson delivery structure. Thus, the Latin America learning management systems help in creating a holistic and dynamic learning environment.

http://www.micromarketmonitor.com/market/latin-america-learning-management-system-6296868921.html 

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