LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global corporate learning management system market, operating under the information technology industry. The latest report on the corporate learning management system market, 2020-2024 estimates it to register an incremental growth of USD 12.48 billion, at a CAGR of over 23% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage on the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Adobe Inc., Aptara Inc., Articulate Global Inc., City & Guilds Group, Cornerstone OnDemand Inc., D2L Corp., Oracle Corp., Saba Software Inc., SAP SE, and Skillsoft Ltd. are among some of the major market participants.
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Implementation of cloud-based corporate LMS has been instrumental in driving the growth of the market.
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Corporate Learning Management System Market 2020-2024: Segmentation
Corporate Learning Management System Market is segmented as below:
-
Deployment
- On-premise Deployment
- Cloud Deployment
-
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
Based on geographic segmentation, over 34% of the market growth originated from North America during the forecast period. In addition, on-premise deployment segment led the growth under the deployment segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the market size.
Corporate Learning Management System Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The corporate learning management system market report covers the following areas:
- Corporate Learning Management System Market Size
- Corporate Learning Management System Market Trends
- Corporate Learning Management System Market Industry Analysis
This study identifies the replacement of legacy LMS as one of the prime reasons driving the Corporate Learning Management System Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Corporate Learning Management System Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist corporate learning management system market growth during the next five years
- Estimation of the corporate learning management system market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the corporate learning management system market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of corporate learning management system market, vendors
Table of Contents:
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Deployment
- Market segments
- Comparison by Deployment
- On-premise deployment - Market size and forecast 2019-2024
- Cloud deployment - Market size and forecast 2019-2024
- Market opportunity by Deployment
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver - Demand led growth
- Volume driver - Supply led growth
- Volume driver - External factors
- Volume driver - Demand shift in adjacent markets
- Price driver - Inflation
- Price driver - Shift from lower to higher priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Adobe Inc.
- Aptara Inc.
- Articulate Global Inc.
- City & Guilds Group
- Cornerstone OnDemand Inc.
- D2L Corp.
- Oracle Corp.
- Saba Software Inc.
- SAP SE
- Skillsoft Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
