Learning management systems (LMS) are software applications/tools designed to develop, manage, and deliver learning & training modules and services to academic and corporate users through electronic media. The Asia-Pacific learning management systems market size is expected to generate $2,884 million by 2022, growing at a CAGR of 34.2%. The LMS market in Asia-Pacific is influenced by several drivers, restraints, and opportunities. Growth in adoption of e-learning and inclination towards “on-the-go learning practices” drive the LMS market.
Get Sample Report:
However, lack of e-learning infrastructure, and cultural barriers hinder the market growth. Numerous educational institutions in develop ping economies have been unsuccessful in adopting these technologies, owing to insufficient funds and lack of skilled workforce. However, economic progress in developing countries and improvement in educational facilities are expected to generate growth opportunities in the near future.
The report provides detailed learning management systems market analysis across industry verticals and end users. The industry verticals covered under the scope include educational institution, BFSI, IT & telecom, healthcare, government, retail, and others (real estate, manufacturing, and non-profit organization). Corporate and academic users have been analyzed under the end user segment. The academic user can be further segmented into K-12 and higher education.
Request Sample Report here:
The report provides a detailed coverage of the learning management systems’ deployment models. Two key models analyzed in the report include software-as-a-service (SAAS) and on-premise model (licensed or in-house deployment). The key difference between these models is that in SAAS, LMS is offered as a service and is hosted on the vendor’s servers, while the on-premise model is run on servers within the company’s network.
The key countries covered in the report are China, Australia, India, Japan, and rest of Asia-Pacific. For each of the enlisted countries, market has been studied across all the three segments-industry vertical, end user, and deployment model.
Request Sample PDF of the Report –
TOP FACTORS IMPACTING APAC LEARNING MANAGEMENT SYSTEMS MARKET
Growth in adoption of e-learning
Significant investments in IT infrastructure and rise in preference for digital learning, due to its several advantages, have led to wide adoption of LMS in academic and business learning/training programs across Asia-Pacific. In addition, the education industry, in these countries, has witnessed rapid growth, and is anticipated to continue the trend in the future. At present, a large number of online education companies are entering in the market, which has significantly increased the growth of the LMS market in the Asia-Pacific region. For instance, online education companies operating in China have increased from 100 in 2012 to over 8,000 in 2016.
Get Sample Report + All Related Graphs & Charts @
Increase in trend of bring-your-own-device (BYOD) and reduction in costs of learning and development.
Rise in BYOD trend in various organizations has boosted the adoption of LMS. The implementation of BYOD has increased in organizations due to their proactive measures to promote digital learning and reduce cost & time incurred in learning & development. Several colleges and universities have focused on developing remote laboratories that can be operated by Internet-enabled smart devices using various LMS software. The upsurge in the use of smartphones and affordable handsets coupled with high-speed internet services drives the LMS market.
Increase in adoption of cloud services
With the advancement in technology, organizations intend to shift their business practices to the cloud and reduce reliance on in-house expertise. Cloud-based development and learning processes are deployed at organizations to decrease large upfront investment and deliver scalability & flexibility as well as comply with the changing business requirements. The organization that are keen on automating and streamlining their learning processes to enable anytime, anywhere, and just-in-time access to learning content prefer using LMS software. The SaaS delivery model simplifies the customization and integration of LMS and reduces capital expenditures and operating costs.
Get a Free Request Sample Report with Table of Contents:
China learning management software market
China accounts for the highest percentage of LMS market share. However, the penetration level of LMS is lower as compared to developed countries such as Australia and Japan. However, in the last few years, the market has witnessed attractive growth as both large and medium sized organizations have adopted this electronic educational technology. Moreover, change in traditional education system and increase in number of start-ups in the e-learning industry have encouraged the market growth. For instance, in 2013, Oracle introduced “Oracle Learn Cloud 13A” with advanced training management and delivery features.
The report discusses the strategies adopted by key market players, which include SumTotal Systems, Inc., Cornerstone OnDemand Inc., Blackboard, Oracle Corporation, and SAP SE to sustain the competition and increase their market share.
Request a free sample copy in PDF or view the report summary@
This study provides an in-depth quantitative analysis of the trends and dynamics of the Asia-Pacific learning management system market to elucidate the imminent investment pockets.
A detailed impact analysis of the key drivers, restraints, and opportunities have been provided.
Market intelligence for key developmental strategies adopted by established brands have been highlighted.
According to Statista, as of 2021 data, the United States held over ~36% of the global market share for information and communication technology (ICT). With a market share of 16%, the EU ranked second, followed by 12%, China ranked third. In addition, according to forecasts, the ICT market will reach more than US$ 6 trillion in 2021 and almost US$ 7 trillion by 2023. In today’s society, continuous growth is another reminder of how ubiquitous and crucial technology has become. Over the next few years, traditional tech spending will be driven mainly by big data and analytics, mobile, social, and cloud computing.Request To Download Sample of This Strategic Report:-
This report analyzes the global primary production, consumption, and fastest-growing countries in the Information and Communications Technology(ICT) market. Also included in the report are prominent and prominent players in the global Information and Communications Technology Market (ICT).
KEY MARKET SEGMENTS
BY DEPLOYMENT MODEL
On-premise deployment model
BY END USER
Access Full Report, here:-
BY INDUSTRY VERTICAL
IT & Telecom
Rest of Asia-Pacific
What is the goal of the report?
The market report presents the estimated size of the ICT market at the end of the forecast period. The report also examines historical and current market sizes.
During the forecast period, the report analyzes the growth rate, market size, and market valuation.
The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets.
The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.
Inquire or Share Your Questions If Any Before the Purchasing This Report –
Following are the questions answered by the Market report:
What are the goals of the report?
This market report shows the projected market size for the Multi-Cloud Management Market at the end of the forecast period. The report also examines the historical and current market sizes.
On the basis of various indicators, the charts present the year-over-year growth (%) and compound annual growth rate (CAGR) for the given forecast period.
The report includes an overview of the market, its geographical scope, its segmentation, and the financial performance of key players.
The report examines the current state of the industry and the potential growth opportunities in North America, Asia Pacific, Europe, Latin America, and the Middle East, and Africa.
The research report includes various factors contributing to the market’s growth.
The report analyzes the growth rate, market size, and market valuation for the forecast period.
This report covers aspects of the regional analysis market.
The report includes data about North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
This report analyzes current and future market trends by region, providing information on product usage and consumption.
Reports on the market include the growth rate of every region, based on their countries over the forecast period.
Get 20% Off On Various License Types When Buy Now At:
What factors are taken into consideration when assessing the key market players?
The report analyzes companies across the globe in detail.
The report provides an overview of major vendors in the market, including key players.
Reports include information about each manufacturer, such as profiles, revenue, product pricing, and other pertinent information about the manufactured products.
This report includes a comparison of market competitors and a discussion of the standpoints of the major players.
Market reports provide information regarding recent developments, mergers, and acquisitions involving key players.
What are the key findings of the report?
This report provides comprehensive information on factors expected to influence the market growth and market share in the future.
The report offers the current state of the market and future prospects for various geographical regions.
This report provides both qualitative and quantitative information about the competitive landscape of the market.
Combined with Porter’s Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.
It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.
Access full Report Description, TOC, Table of Figure, Chart, etc. @
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today’s competitive environment. Report Ocean is a ‘one-stop solution’ for individuals, organizations, and industries that are looking for innovative market research reports.
Get in Touch with Us:
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES
Tel: +1 888 212 3539 (US – TOLL FREE)