Learning Management Systems Market to Grow at 23.76% CAGR by 2018 Forecasts a New Research Report at Sandlerresearch.org

Dallas, Texas (PRWEB) July 18, 2014

In recent years, many factors such as the increasing youth population, increased awareness of mobile devices, increased knowledge, and the need for organizations to keep up with the latest technology have increased the adoption of mobile devices worldwide. Earlier, mobile devices were limited to personal uses only. However, because of their wide business applications and technological advances, mobile devices are now being widely used by a large number of enterprises.

Analysts forecast the Global Learning Management Systems market will grow at a CAGR of 23.76 percent over the period 2013-2018. According to the report, there are several factors driving the growth of the Global LMS market. Increasing demand for distance education is one of the major drivers. The Academic and Corporate sectors worldwide have witnessed significant evolution in the past with the transformation from a traditional manual working environment to a technologically updated learning environment embedded with the latest ICT products and services.

The Global Learning Management Systems market is segmented into two categories:

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