Thursday 12 February 2015,
TechNavio recognizes the following companies as the key players in the Global Learning Management Systems Market : ACS (Xerox), Blackboard Inc., CornerStone On Demand, Oracle Corp., Saba Software Inc., SAP AG, Skillsoft Corp., SumTotal Systems LLC , 24x7 Learning Learntrak LMS , 4system,AccordLMS , Activate LMS , Blatant Media Corp., CERTPOINT Systems Inc., Cogentys Corp., Desire2Learn Inc., Edmodo Inc., eXact learning solutions, FuturSkill , HaikuLearning, iSpring Solutions Inc., JoomlaLMS E-learning and authoring software , Kenexa , Latitude Learning LLC , LMS GLOBAL , NetDimensions Ltd., Noverant Inc., Schoology Inc., Totara LMS , Upside Learning Solutions Pvt. Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “In recent years, many factors such as the increasing youth population, increased awareness of mobile devices, increased knowledge, and the need for organizations to keep up with the latest technology have increased the adoption of mobile devices worldwide. Earlier, mobile devices were limited to personal uses only. However, because of their wide business applications and technological advances, mobile devices are now being widely used by a large number of enterprises”.
According to the report, there are several factors driving the growth of the Global LMS market. Increasing demand for distance education is one of the major drivers. The Academic and Corporate sectors worldwide have witnessed significant evolution in the past with the transformation from a traditional manual working environment to a technologically updated learning environment embedded with the latest ICT products and services.
Further, the report states that despite the presence of several drivers, the growth of the market is curtailed by certain serious challenges. The lack of technical skills and infrastructure among instructors and students is one of the main challenges. Acquiring, retaining, and managing talent are challenging factors confronting organizations.
The report also includes a discussion of the other vendors operating in this market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.