LMS Market in APAC 2018-2022

LMS market in APAC industry size, worth, outlook, growth

The learning management system (LMS) is gaining popularity in both academic and corporate end-user segments because they are considered as a cost-effective one-stop solution. Technavio’s market research report identifies that the cost-effectiveness of the LMS solution will be one of the primary growth drivers for the LMS market in APAC till 2022. Our market research analysts predict the market to grow at a CAGR of more than 29% by 2022.

Below are some of the key findings from the LMS market research report in APAC

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LMS market overview in APAC

The increasing popularity of LMS as a cost-effective solution is one of the key factors expected to trigger the market’s growth in the forthcoming years. LMS enables companies to save both money and time by training their resources through a web-based environment. This also helps in the centralization of learning with reduced operating costs involved. Companies across the globe are looking for cost-effective LMS solutions to manage their employee training programs effectively. Also, LMS allow both trainers and trainees to save, backup, share and reuse the training programs while eliminating administrative and paperwork costs, transportation costs, and travel time. As a result, educational institutes and corporations are increasingly using LMS for delivering several courses, providing quality customer services, and making informed and rational decisions. This will further help businesses leading the LMS market to register a CAGR of over 29% during the forecast period.

The integration of gamification in LMS is one of the key trends expected to gain traction in the market. This is an effective way of keeping learners engaged and actively involved in the learning process. As a result, most of the global companies are increasingly using learning games for engaging and training their employees and ensuring increased employee retention. Vendors are increasingly offering LMS integrated with the gamification technique for keeping the users engaged from academic as well as corporations. The technique further enables the integration of 3D characters, game mechanics, and gameplay elements into e-learning courseware for making games and e-learning stimulating, interactive, and engaging. Such factors will effectively impact the growth of the market over the next few years.

Top LMS market companies covered in this market research report

The LMS market is highly fragmented with companies focusing on integrating advanced technologies to offer high-quality solutions to cater to the evolving end-user requirements. By providing a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this LMS industry analysis report will aid clients to identify new growth opportunities and design innovative strategies for strengthening their position in the market.

The report offers a complete analysis of various companies including:

• Blackboard
• Cornerstone OnDemand
• D2L (Desire2Learn)
• Docebo
• Oracle
• SAP

LMS market segmentation in APAC based on geographic regions

• China
• India
• Australia
• Japan
• Rest of APAC

With a complete study of the growth opportunities for the companies, China will account for the highest LMS market revenue throughout the forecast period due to the increased adoption of cloud-based LMSs in schools, colleges, and corporate organizations during the forecast period. India will contribute to the fastest growth in the market due to the increasing penetration of LMS in the higher education sector.

LMS market segmentation in APAC based on deployment

• On-premise LMS
• Cloud-based LMS

The on-premise LMS segment will account for the highest market growth due to the availability of quick fixes and facilitation of long-term savings offered by the on-premise LMSs. Additionally, the report also provides an accurate prediction of the contribution of the various deployment segments to the growth of the LMS market size.

Key highlights of the LMS market in APAC for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the LMS market in APAC during the next five years
• Precise estimation of the LMS market size in APAC and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the LMS market across China, India, Australia, Japan, and rest of APAC
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of LMS companies

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