Learning Management System (LMS) Market - Global Opportunity Analysis and Industry Forecast (2019-2025)
Meticulous Research ® – leading global market research company published a research report titled “ Learning Management System (LMS) Market by Product Offering (Solutions, Services), User Group (Education, Corporate), Delivery Mode (Distance Learning, Instructor-led Learning), Deployment Type (Cloud, On-Premise), and Geography- Global Forecast to 2025”. According to this latest publication from Meticulous Research ® , the global learning management system (LMS) market is expected to grow at a CAGR of 20.5% from 2019 to reach $28.1 billion by 2025. Substantial growth in the global learning management system market is mainly attributed to the evolution of the e-learning industry, increasing smartphone user base, and increasing penetration of internet services across the globe. Proliferation of e-learning industry is playing a pivotal role in growth of the LMS market. In addition, government initiatives undertaken in order to achieve efficiency in literacy and ...