SOURCE: Simba Information

Simba Information

December 15, 2011 11:33 ET

Learning Management Systems Market Projected to Grow 7.3% Annually

STAMFORD, CT--(Marketwire - Dec 15, 2011) - Growing interest in digital curriculums in schools, an increased focus on personalized learning, and state and federal policies promoting digital learning and accountability are driving growth in the implementation of learning management systems (LMS) in K-12 schools, according to a recent report from media research and forecast firm Simba Information. The LMS segment is expected to grow at a compound annual rate of 7.3%, reaching $377 million by the 2014-2015 school year.

While the definition of an LMS continues to evolve as it moves toward forming a digital learning environment, a minimum of 68% of school districts and as many as 88% have implemented a learning management system, according to a Simba/MCH Strategic Data survey conducted in conjunction with the new report. Districts continue to implement LMSs, with 5.6% of districts doing so for fall 2011.

"While schools are tight on funds, their interest in digital materials and tools is at an all-time high, and educators see the LMS as the cornerstone to improving education," said Kathy Mickey, senior education analyst at Simba Information.

Schools and districts use learning management systems for a variety of necessary functions, including matching coursework to student needs and delivering full courses. Above all, more than 90% of educators said that in an era of accountability, the most important feature of an LMS is monitoring student progress, according to the Simba/MCH survey results.

"These systems can analyze student test data and provide a plan for which the teacher can assist the student," said Mickey. "They are the vehicle by which teachers, students and parents can get the services they need for improving education and results."

The report, PreK-12 Learning Management Systems: A Market Overview, examines how LMSs are reshaping the education sector through the administration and management of content, cost-savings and convenience for school districts, along with personalized models and opportunities for content providers. In addition to the Simba Information/MCH Strategic Data survey results, the report features in-depth district implementation case studies and a who's who among LMS software providers.

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