Corporate Learning Management System (CLMS) is a software-based platform that provides e-learning programs. CLMS is used to monitor student participation, student performance and to deliver content. The global corporate learning management system market size was valued at $1.65 billion in 2017 and is estimated to reach $9.10 billion by 2025 with the CAGR of 28.2% during 2019-2025. The factors such as continuation of emerging eLearning tools, rising trend of enterprise mobility & BYOD and increasing emphasis on continuous learners are boosting the market growth. Whereas, low collaborations by organisations, high cost for implementing eLearning and lack of instructors, skilled trainers are hampering the growth of the market. Major opportunities include advanced learning and implementation of artificial intelligence in e-learning. Software and technology vertical hold the largest market size as it offers learning tools and as rapid changes in technology and implementing tools for quickly responding to challenges. Software and technology vertical segment is expected to continue dominance over the forecast period 2019-2025.
Research Study Objectives:
- Define, estimate, and forecast the corporate learning management system market statistics by components, deployment type, delivery mode, organisation size, verticals (Segments) and regions concerning the individual growth drivers, market trends and their contribution toward the corporate learning management system market growth.
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the corporate learning management system market analysis
- Analysis and conclusions on the future corporate learning management system market outlook.
Top-down and bottom-up approaches are used to validate the corporate learning management system market size and are used to estimate the size of other dependent
submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The corporate learning management system market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the corporate learning management system market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report. The application segment includes payments, smart contracts and others is fastest growing and expected to grow at the highest CAGR over the forecast period.
The scope of the Report
The corporate learning management system market segmentation is as follows:
By Component
- Services
- Consulting Services
- Implementation Services
- Support Services
- Solutions
- Standalone Solution
- Integrated Solution
By Deployment Type
By Delivery Mode
- Distance Learning
- Instructor-Led Training
- Blended Learning
By Organisation Size
- Small and Medium Enterprises
- Large Enterprises
By End Users
- Software and Technology
- Healthcare
- Retail
- Banking, Financial Services, and Insurance (BFSI)
- Telecom
- Manufacturing
- Government and Defense
- Others
Geographical Analysis:
Corporate learning management system market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other
emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland
