Learning management system is a software application for the reporting, tracking, documentation, and administration by e-learning training and educational courses or programs. On-demand Learning Management System is the integration of software-as-a-service platform and key features of traditional learning management system. The adoption of cloud platform in learning management system provides advanced features such as remote location access, reduced maintenance cost, as well as flexibility and scalability. Owing to such benefits, the demand for On-demand Learning Management System has increased, in turn boosting market growth.

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Increasing adoption of gamification technology to accelerate market growth.

Gamification is a concept of implementing a game design and mechanism to non-game applications. Increasing adoption of gamification for use in the learning management system is increasing the interest of the learners, inspiring them to continue learning. Learning management system solutions provide various benefits such as better learning experience, better learning environment, and instant feedback in comparison with other solutions. Increasing adoption of gamification for education and training purposes is in turn, accelerating growth of the market for On-demand Learning Management System. Several corporate companies are increasingly adopting gamification learning management systems for various applications such as product development, human resources, sales, and marketing, in turn, boosting growth of the On-demand Learning Management System market.

IT and Telecom segment held a dominant position in the market.

On the basis of end users, the learning management system market is diversified into healthcare, retail, government, banking, financial services & insurance, manufacturing, IT & telecom, and consulting. The IT and telecommunication segment held a dominant position in the market and is projected to retain its dominance throughout the forecast period. The IT sector has witnessed a relatively high number of technological advancements in the recent past such as advanced versions of various developing languages, including R, Ruby, PYTHON, and SQL. Increasing use of these languages for training purposes, in turn, is expected to fuel growth of the market for On-demand Learning Management System.

Detail On-demand Learning Management System Market Segmentation:

Global On-demand Learning Management System Market, By Deployment Model:

Public Cloud

Private Cloud

Global On-demand Learning Management System Market, By Delivery Mode:

Distance learning

Instructor-led Training

Others

Global On-demand Learning Management System Market, By User Type:

Academic

K-12

Higher Education

Corporate

Key companies covered as a part of this study include Adobe Systems, TalentLMS, DoceboLMS, Litmos, Trivantis, WizIQ, Mindflash, SchoolKeep, Latitude Learning LMS, and SAP

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