In recent years, the increased efficiency of the Internet has promoted e-teaching and e-learning practices worldwide. This, coupled with advancements in networking technologies has enabled improved communication and integration, thereby resulting in flawless online learning and training sessions. This has had a significant impact on the emergence as well as development of learning management systems (LMS).
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Learning management systems are predominantly adopted in education and corporate sectors in North America, because of which, the region accounted for the leading share in the global LMS market in 2015. The U.S. has been the major contributor to the LMS market in North America, considering the established network facilitating e-learning in the country. The presence of a large number of universities offering online courses also contributes to the high adoption of LMS in the U.S.
The rise in technological investments in the corporate sector has also supported the rapid adoption of online training and subsequently learning management systems. The proliferation of smart devices such a smartphones, laptops, and tablets has further influenced the LMS market in North America.
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The Asia Pacific market for LMS is projected to present high scope for growth during the forecast period. Developed countries such as Japan are the leading contributors in terms of the adoption of learning management systems in the region.