According to a recent report by MarketsandMarkets™ "Corporate Learning Management System Market," Corporate LMSs will increase to $7.12 billion by 2023. In addition, the report names Latitude CG as a key player in the Corporate LMS Market.
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The global Corporate Learning Management System (LMS) market size was valued at USD 1.65 Billion in 2017 and is projected to reach USD 7.12 Billion by 2023, at a CAGR of 28.2% during the forecast period. The base year for the report is 2017, and the forecast period is 2018–2023.
The Corporate Learning Management System market report aims at estimating the market size and growth potential of the market across segments: component (solution and service), delivery mode, organization size, deployment type, vertical, and region. The primary objective of the report is to provide a detailed analysis of the major factors (drivers, restraints, opportunities, industry-specific challenges, and recent developments) influencing the market growth, analyze the market opportunities for stakeholders, and offer details of the competitive landscape to the market leaders.
The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of the primary discussion participants is depicted in the below figure:
The Corporate Learning Management System market includes major companies, such as Latitude CG (US).
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth emerging opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
LatitudeLearning, an industry leader that drives performance through training, communication, measurement, incentives and consumer engagement, is a technology first company striving to ensure that customers get the full benefit of the underlying systems and solutions that they are investing in. With the continuous change in platform capabilities and emerging trends such as mobile it is important that organizations have a solid foundation to operate from.