
A learning management system (LMS) is a software application for the administration, documentation, tracking, reporting and delivery of educational courses or training programs.They help the instructor deliver material to the students, administer tests and other assignments, track student progress, and manage record-keeping.
The Learning Management System (LMS) Market is estimated at $ +4,366 million in 2018 and is expected to grow by +20.0% a year from 2018 to 2023 and reach $ 1,539 million by 2023. LMS includes cloud and on premise distribution models, Litmos Limited, Oracle Corporation, Paradiso Solutions, Saba Software, Inc. And other LMS solution providers. The global LMS market is expected to grow considerably due to ICT spending in developing country governments, including North America, Europe and Asia Pacific.