Lewes, DE -- (SBWIRE) -- 08/30/2016 -- Report forecast the learning management system (academic and corporate) market in US to grow at a CAGR of 23.32% during the period 2016-2020.

Learning Management System is a software application used to plan, deliver, and manage the learning process. It uses web-based technology to manage, administer, track, report, and evaluate the performance of participants. LMS is widely adopted by corporates and educational institutions, especially for higher education. Substantial cost benefits and increased employee efficiency and productivity have encouraged many companies worldwide to replace traditional forms of learning with LMS. Organizations, especially those with businesses across the world, are increasingly adopting LMS for training their employees.

The report covers the present scenario and the growth prospects of the learning management system (academic and corporate) market in US for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of LMS and related services for a fee or subscription.

The market is divided into the following segments based on geography by revenue:
- Canada
- France
- Germany
- ROW
- UK
- US

According to the report, use of analytics in organizations will be a key driver for market. An enterprise LMS comprises features for training, analytics, and reporting. Reporting refers to the viewing of data and analytics uses data to gain insights and draw conclusions. With the increase in the amount of digital data generated across institutions and enterprises, many LMS have begun to offer built-in analytics solutions. Several early users of LMS have built their own analytics systems running on Microsoft SQL Server or other data warehouse technologies. An analytics solution utilizes data collected at each level of the organizational hierarchy, which allows the higher authorities like the manager, director, vice president or business-unit executive to see the aggregated results as directly computed reports. These reports are generally offered through a multidimensional or online analytical processing (OLAP) technology.

Further, the report states that one of the challenges for the market will be ineffective evaluation of metrics. The absence of appropriate metrics is making it difficult for organizations to measure the training efficiency achieved after adopting LMS. Users are making decisions by relying on activity and volume-based metrics that include registrations, test scores, and hours spent on training. Organizations are unable to quantify the system's performance outcomes and provide proper guidance due to the improper LMS assessment techniques.

Learning Management System (Academic and Corporate) Market in US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the learning management system (academic and corporate) market in US: Adobe Systems, Blackboard, Cornerstone, Oracle, SAP, and Skillsoft.

Other Prominent Vendors in the market are: Aptara, Articulate, Desire2Learn, Edmodo, GP Strategies, Haiku Learning, Saba Software, and Schoology.

Market driver
- Acknowledged as core component of e-learning ecosystem
- For a full, detailed list, view our report

Market challenge
- Inadequate trained personnel for using LMS
- For a full, detailed list, view our report

Market trend
- Emergence of mobile solutions and applications
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 65 pages and 34 Exhibit "Academic and Corporate LMS Market in the US 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by application, Market segmentation by end-user, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Other prominent vendors, Abbreviations.

For more information Visit at: http://www.marketresearchreports.com/technavio/academic-and-corporate-lms-market-us-2016-2020

Related Report;

Global Learning Management System Market 2016-2020 - Visit at - http://www.marketresearchreports.com/technavio/global-learning-management-system-market-2016-2020

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