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Get Your LMS While It’s Hot

by Richard Chang

Campus Technology

Article excerpt

Learning Management System Market Expected to Grow $10.5 Billion in Next 5 Years

Some of the major driving factors for the growing LMS market are increasing adoption of digital learning among corporate organizations and academic institutions, as well as the bring your own device (BYOD) trend. Furthermore, the market is expected to be driven by new opportunities, such as the growing use of wearable e-learning devices and emerging technologies like gamification and virtual reality.

Our take

Weighing the LMS Options

The LMS market is booming, fueled both by educational institution adoption and industry adoption for tracking employee training. A report from India-based market research firm MarketsandMarkets suggests that the LMS market will grow to $15.72 billion by 2021. Chances are your school system may be contributing to that growth. Do you know the right questions to ask, and considerations to include, when selecting an option for your district or university?

There’s something for everyone in the LMS marketplace with evolution in both the K-12 and higher ed markets. It’s important to consider, though, what’s important to your school district, teachers and students before selecting a system or solution.