Corporate Learning Management System Market Size, covers the entire supply chain, focusing on supply, demand, trade and prices by country and product, Forecast 2022 – 2031

Kenneth Research, in its repository of market research reports, have recently added a report on Corporate Learning Management System Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031. The Corporate Learning Management System Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Corporate Learning Management System Market products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.

Global Corporate LMS Market to reach USD 11.55 billion by 2025.Global Corporate LMS Market valued approximately USD 1.58 billion in 2017 is anticipated to grow with a healthy growth rate of more than 28.23% over the forecast period 2018-2025. The major driving factor of global Corporate LMS market are continuous innovation in E-learning tools, growing emphasis on continuous learning and automating assessment functionalities. Moreover, increasing trend of bring-your-own-devices (BYOD) and enterprise mobility is another major factor that fueling the market growth. The major restraining factor of global corporate LMS market are technical constraint to implement LMS and low motivation & engagement by organization.

Corporate learning management system (LMS) is a system which is preferred by companies to educate their employees. It provides various online material so that it can easily manage employees progress as well as monitor their performance. It can analyses skill gap analysis with providing pre-testing. There are many benefits of corporate LMS such as it organizes e-learning content in one location, it provides unlimited access to eLearning materials, it can easily track learner progress and performance, it reduces learning and development costs and it keep organization up-to-date with compliance regulations.

The regional analysis of Global Corporate LMS Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share in 2018 owing to technological advancements. Europe also contributes a satisfactory growth in the global corporate LMS market. Asia Pacific also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to increasing adoption of LMS solutions and regional presence of major IT companies.

The major market player included in this report are:

• Cornerstone OnDemand
• Oracle
• SAP
• Skillsoft
• Aptara
• Articulate
• City & Guild Group
• Desire2Learn
• Docebo
• Saba Software
• Schoology
• Tata Interactive Systems

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

. Solutions
. Services

By Delivery Mode:

. Distance Learning
. Instructor Led Training
. Blended Learning

By Deployment Type:

. On-premises
. Cloud-based

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By Vertical:

. Software & Technology
. Healthcare
. Retail
. BFSI
. Manufacturing
. Government & Defense

By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

Target Audience of the Global Corporate LMS Market in Market Study:

. Key Consulting Companies & Advisors
. Large, medium-sized, and small enterprises
. Venture capitalists
. Value-Added Resellers (VARs)
. Third-party knowledge providers
. Investment bankers
. Investors

TABLE OF CONTENTS

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
1.3.1. Corporate LMS Market, by Component, 2015-2025 (USD Billion)
1.3.2. Corporate LMS Market, by Delivery Mode, 2015-2025 (USD Billion)
1.3.3. Corporate LMS Market, by Deployment Type, 2015-2025 (USD Billion)
1.3.4. Corporate LMS Market, by Vertical, 2015-2025 (USD Billion)
1.3.5. Corporate LMS Market, by Region, 2015-2025 (USD Billion)
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Corporate LMS Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Corporate LMS Market Dynamics
3.1. See Saw Analysis
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Corporate LMS Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Buyers
4.1.2. Bargaining Power of Suppliers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.2. PEST Analysis
4.2.1. Political Scenario
4.2.2. Economic Scenario
4.2.3. Social Scenario
4.2.4. Technological Scenario
4.3. Value Chain Analysis
4.3.1. Supplier
4.3.2. Manufacturers/Service Provider
4.3.3. Distributors
4.3.4. End-Users
4.4. Key Buying Criteria
4.5. Regulatory Framework
4.6. Cost Structure Analysis
4.6.1. Raw Material Cost Analysis
4.6.2. Manufacturing Cost Analysis
4.6.3. Labour Cost Analysis

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