The North America Learning Management Systems Market, is Projected to Reach $6,302.0 Million by 2019 From $2,233.9 Million in 2014, at a CAGR of 23.1%

Dec 09, 2015, 10:30 ET from MicroMarket Monitor

PUNE, India, December 9, 2015 /PRNewswire/ --

According to a Market Research Report "North America Learning Management Systems Market by Product (Content Management, Student Management, Performance Management, Collaboration, Administration), by User (Academic, Corporate), by Vertical, by Geography - Analysis and Forecast to 2019", the North America Learning Management Systems Market is estimated to grow from $2,233.9 million in 2014 to $6,302.0 million by 2019, at a CAGR of 23.1% during the forecast period, 2014 to 2019..

Browse through the TOC of North America Learning Management Systems Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.

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The learning management systems (LMS) cater the need for a comprehensive learning module that allows experts to create customized content for the courses and design unique lesson delivery structure. The learning management systems help in the planning, implementation, and assessment of the e-learning methodologies. As these solutions are proving to be very useful nowadays, so the North American learning management systems market is expected to grow in the coming years as well.

The shift from the traditional methods of learning to more modern and flexible technology based modes of learning has made the learning management systems more popular.  In today's fast-paced technological age, innovative learning methods are employed to enrich education system in the academic institutions as well as facilitate high quality training to the employees of different organizations. These factors are fueling the growth of the North American learning management systems market.

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Besides, the rise in the number of students opting to study online, increasing emphasis on the digitization of the schools, and the cost reduction policy adopted by the organizations while imparting training to their employees are also contributing to the growth of the North American learning management systems market.

By product, the North American learning management systems (LMS) market is segmented into content management, student management, performance management, collaboration, administration, and others. On the basis of vertical, the market is segmented into BFSI, consulting services, government, healthcare, manufacturing, retail, telecom IT, and media, and others. By user, the market is segmented into academic and corporate.  On the basis of geography, the North American learning management systems market is segmented into the U.S., Canada, and Mexico.

Key Players of the North America Learning Management Systems Market include:  

Blackboard Inc., Desire2Learn Corporation, Saba, SumTotal Systems, Cornerstone Ondemand, Oracle, and McGraw-Hill Education and so on.

The report also includes market share and value chain analyses and market metrics such as, drivers and restraints. In addition, it also provides a competitive landscape and company profiles of the key players operating in the North American learning management systems market.

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