Christy Publications On-demand Learning Management System Market | Page 2

companies helps to manage instructor-led training and learning records store system to store
and track the data. Additionally, the integration of performance management systems in
learning management system provides the options for skills gap analysis, succession planning,
multi-rater assessments, and competency management. This in turn, has increased the demand
for On-demand Learning Management System in the corporate sector.
Browse 40 Market Data Tables and 60 Figures spread through 300 Pages and in-depth TOC on "
On-demand Learning Management System Market, by Deployment Model (Public and Private
Cloud), by Delivery Mode (Distance Learning, Instructor-led Training), by User Type (Academic
and Corporate), by End User (Banking, Financial Services, and Insurance, Healthcare, Retail,
Government, Manufacturing, IT and Telecom, Consulting, and Others), and BY Geography -
Global Forecast to 2025 by Coherent Market Insights."
To know the latest trends and insights prevalent market @
https://www.coherentmarketinsights.com/market-insight/on-demand-learning-management-system-market-1138
Key Takeaways of the On-demand Learning Management System Market:
 The global On-demand Learning Management System market was valued at US$ 3729.1
million in 2016 and is projected to reach US$ 25.8 billion by 2025, exhibiting a CAGR of
24.98% over the forecast period
 Among user types, the corporate segment held a dominant position in 2016 and is
projected to retain its dominance throughout the forecast period. Increasing demand for
job-specific learning management solutions has increased the demand for this segment.
According to Association for Talent Development, U.S., over 40 percent of the LMS
solutions are job-specific, either technical or soft skills training.
 Among end users, the IT and telecommunication segment held a dominant position in
2016 and is projected to retain its dominance throughout the forecast period. Rapid
development of advanced iterations of computer languages such as R and SQL has in turn
increased demand for training sessions, subsequently boosting growth of this segment.
To retain a strong foothold in the market, companies are increasingly providing training
sessions to employees. This in turn, is increasing the demand for learning management
system in this segment.
 Among geography, Asia Pacific is projected to witness highest CAGR over the forecast
period. Rampant advancements in IT technology is a major key factor fueling growth of