The Report “Asia Pacific Learning Management Systems Market by Product (Management -Content, Student, Performance, Collaboration, Admin), by User (Academic, Corporate), by Vertical (BFSI, Govt, Healthcare, Retail, Telecom), by Geography - Analysis and Forecast to 2019”, is estimated to reach $1,196.2 million in 2019, growing at a CAGR of 29.6% from 2014 to 2019.
Browse through the TOC of the Asia Pacific Learning Management Systems Market for an analysis of industry trends and segments, with the help of various tables and figures.
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The Asia-Pacific learning management systems market is divided on the basis of type of verticals, which are BFSI, consulting services, government, healthcare, manufacturing, retail, telecommunication, Information Technology (IT) and media, and other sectors. The learning management systems market is also segmented by type of product, which are content management, student management, performance management, collaboration, and administration; and by type of deployment model, such as on-premise and School as a Service (SaaS); and by geography, such as China, India, Japan, and Rest of Asia-Pacific.
Major forces driving this market are the increasing adoption of e-learning, businesses emphasizing on continuous learning practices, accountability mandates, and the market trend of employing cloud technology to streamline the learning process. LMS solutions create economies of scale and make learning and development less expensive for organizations. Based on the impact of these LMS solutions on an individual’s development and for the overall growth and success of an organization, the demand for these solutions is constantly increasing. While organizations look forward to integrate LMS into their learning and development framework, the LMS providers are designing systems with robust capabilities to extend support for social and mobile learning. These providers are also consolidating their grounds in the highly competitive market through mergers & acquisitions to build feature-rich solutions and attain a better market visibility.
The need to manage and elevate the e-learning process, along with the cost-efficient and effective learning and development programs, is manifesting the growth in the APAC learning management systems market. Though the adoption of these solutions was initially gradual, due to various concerns of integration, support, and compliance standards, these solutions are now witnessing wide acceptance across various verticals. The convenience of flexible learning and choices for curriculum creation and delivery that LMS provides is expected to bring a greater demand for these solutions. To serve a grouped audience, the LMS providers are addressing the integration challenges by designing solutions that adhere to the compliance standards. The amalgamation of LMS within the existing learning framework will enable continuous learning and content-reusability.
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