Zion Market Research Learning Management System Market, 2016 – 2022 | Page 2

Learning Management System Market
Global Learning Management System Market worth to gain $ 19.05 bn by 2022, according to new statistics released by the Zion Market Research, the market research group.
Learning management system is software which allows the user to plan, access and execute education process. Colleges and companies use them to deliver online training, core corporate sectors them for training purposes as well as for maintaining employee records. Some other online systems are used to support course delivery and provide online learning and blended learning opportunities for students and employees. Another purpose of learning management system is to offer courses that provide students access to education.
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Learning management system is divided into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Geographically, North America is dominating the learning management system market. Due to rising need of effective and quality education, North America is playing the prominent role in this market. Educational institution and corporate sectors are strongly adopting the learning management system which is helping to impel the market growth of learning management software. However, the major restraining factor of learning management system in North America is the low degree of customization and low desired integration. Several