Europe LMS Market - Forecast(2021 - 2026)
The market for Europe LMS is forecast to reach $714.26 million by 2025, growing at a CAGR of 17.07% from 2020 to 2025. The market growth of Europe LMS is mainly attributed to the growing adoption of the elearning in training the employees. The growing government initiatives for the improvisation of digitalization is further impacting on the growth of the market.
Report Coverage
The report: “Europe LMS Market – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the Europe LMS market.
By Module type: Collaborative Learning, Content Management, Talent Management, Performace Management, Assessment and Training, Others
By End User: Information Technology, Healthcare, Biopharma, Transport, Retail, Food and Beverage, Hospitality, Manufacturing, Government and Defense, Telecom, Others
By Geography: U.K, Germany, France, Italy, Spain, Netherlands, Belgium, Austria, Poland, Others
Key Takeaways
- Retail is analysed to hold the highest share in the market owing to the growing adoption of eLearning in the training of the frontline workers market.
- Germany region is expected to dominate the Europe LMS market during the forecast period 2020-2025 due to high investments in the connectivity solutions in the region.
- The growing investments in the connectivity solutions such as 5G and IoT in Europe area is analysed to drive the market during the forecast period 2020-2025.
Europe LMS Market Segment Analysis - By module type
Europe LMS is segmented into collaborative learning, content management, talent management, performance management, assessment, testing and others. Collaborative learning is analysed to grow at highest rate during the forecast period 2020-2025 mainly attributed to the adoption of the gamified learning in the process. Adding to this, the growing automation and adoption of digitalization in almost every industry all over European countries is significantly contributing to the growth of the Europe LMS frontline workers training market.
Europe LMS Market Segment Analysis - By End user
Retail holds the highest market share of Europe LMS market in 2018, however, the transport segment is analysed to grow at highest rate during the forecast period. As the employees in transport industry are frequently on the move, LMS is a dire requirement for their training needs thereby significantly impacting on the growth of the Europe LMS frontline workers training market. Adding to this, the growing penetration of the digital technologies in training of the employees is set to boost the market growth rate. In April 2019, Virgin trains of UK Virgin Trains has partnered with students to help develop virtual reality technology to aid training in health and safety for new recruits. These initiatives are further impacting on the growth of the market during the forecast period 2020-2025.
We also publish more than 100 reports every month in "Education”, Go through the Domain if there are any other areas for which you would like to get a market research study."
Comments
Post a Comment