Global Corporate Learning Management System (CLMS) Market: Analysis of Covid-19 (2020-2024 Edition)
The major players dominating the corporate learning management system market are Docebo, Adobe Inc., Cornerstone OnDemand, Inc. and John Wiley & Sons, Inc. (CrossKnowledge Group Limited).
By: Daedal Research
Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall corporate learning management system market has also been forecasted for the period 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Cornerstone OnDemand Inc.
John Wiley & Sons Inc.
Corporate learning management system has been segmented on the basis of organization size, industry, deployment type and mode of delivery. On the basis of organization size, corporate LMS has been divided into large enterprises and small and medium enterprises (SMEs). Various industries in which corporate LMS are used include banking, financial services and insurance (BFSI), information technology (IT), retail, government, aerospace & defense, healthcare and others. On the basis of deployment type, corporate LMS has been segregated into on-premise and cloud. Modes of delivery for corporate LMS include distance learning, instructor-led learning and mixed/blended learning.
The global corporate learning management system market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2020-2024). The market is expected to be driven by various growth enhancing factors such as increasing adoption of cloud technology, rising use of LMS through mobile devices, widening skills gap, rising employment level, etc. However, the market is not free from challenges that are hindering its growth. Some of the major challenges faced by the market are data breaches and high implementation costs.
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