About Learning Content Management Systems (LCMS)
The increasing adoption of the cloud-based system will help to boost global Learning Content Management Systems (LCMS) in the forecasted year. A Learning Content Management System (LCMS) is a system for actually creating learning content and publishing that content in a variety of formats. It also allows you to deliver learning and track performance, with limitations. A modern LCMS will manage content for every aspect of the learning process, from rapid authoring to delivery.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
The companies are exploring the market by expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Learning Content Management Systems (LCMS) market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Amnovet (United States), Adobe (United States), OmniUpdate (United States), Xyleme (United States), Blackboard Inc. (United States), Linknovate (United States), Informetica (Canada), Litmos Limited (United States), Oracle Corporation (United States), Paradiso Solutions (United States) and SAP SE (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are CrossKnowledge (United States), Eurekos (Denmark), Kenexa (United States), MindOnSite (Switzerland), SumTotal Systems, LLC (United States) and TalentLMS (United States).
Segmentation Overview
AMA Research has segmented the market of Global Learning Content Management Systems (LCMS) market by Type (On-Premise and Cloud-Based), Application (BFSI, Healthcare Sector, Transportation, Public Sector, Manufacturing Sector, Retail Sector, IT and Telecom Sector and Others) and Region.
On the basis of geography, the market of Learning Content Management Systems (LCMS) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement.
If we see Market by , the sub-segment i.e. will boost the Learning Content Management Systems (LCMS) market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.Influencing Trend:
Growing Adoption of Cloud Deployment Model and The Surge in Demand for Bring Your Own Device (BYOD)
Market Growth Drivers:
Growth in Adoption of e-Learning Platform and The Rise in ICT Expenditure by Governments of Various Developed and The Developing Regions
Challenges:
A lack of quality content and learning materials
Restraints:
Lack of IT Infrastructure in The Underdeveloped Nations
Opportunities:
Technological Advancement such as the use of Internet of Things (IoT) and Huge Potential Growth in Developing Regions
Market Leaders and their expansionary development strategies
In November 2021, Cornerstone, the largest provider of corporate learning technology (and LMS), launched a new product that is likely to change the market. Cornerstone Xplor, a new skills-based, AI-powered platform designed as an LXP, talent mobility, career, and skills platform,
On 13 Aug 2019, Automattic, the parent company of WordPress.com, has announced that they have entered into a definitive agreement with Verizon Media to acquire social blogging platform Tumblr.
Key Target Audience
Learning Content Management Systems (LCMS) Providers, Software Providers, Technology Providers, Industry Association, Government Regulatory Bodies, Government Research Organizations, Private Research Organization and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.