The Learning Management Systems market is projected to reach over USD 50,995 worldwide by 2028 at an annual growth rate of over 19%; Industry Size, Trends, Revenue, Statistics and Regional Segmentation – Digital Journal | Team Cansler

The Insight partners have published a comprehensive research paper of over 150 pages on “Global Learning Management Systems Market Size, Share, Growth, Industry Demand, Forecast to 2028 – COVID-19 Impact and Global Analysis – by Deployment Mode, Delivery Mode, and End-User”, the market is expected to reach US$50,995.16 million by 2028, up from US$14,895.17 million in 2021; it is expected to grow at a CAGR of 19.2% from 2021 to 2028. The Learning Management System report has been structured after a thorough study of various key market segments such as market size, share, growth, demand, latest trends, market threats, and key drivers what is driving the market. Strategically analyzed facts and figures of the market and sound business insights covered in this industry analysis report would be a key aspect in achieving enduring business growth.

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Main results of the study:

  • The increasing adoption of e-learning in institutions and the integration of technologies such as artificial intelligence are driving the growth of the learning management system market.
  • Based on deployment mode, Learning Management System market is segmented into on-premise and cloud. In 2021, the cloud segment led the market and had the largest market share.
  • In 2021, North America led the market with a significant share of sales, followed by Europe and Asia Pacific (APAC). North America is a promising market for developers of learning management systems.
  • The top five learning management system companies include Cornstone, SAP SE, DOCEBO, D2L Corporation and Blackboard Inc.
  • Based on end-user, the Learning Management Systems market is segmented into K-12, Higher Education, and Enterprise. In 2021, the higher education segment led the market and had the largest market share.

In e-learning, educational content is delivered to learners via tablets, laptops, computers or smartphones. It has changed the face of education as learners understand better through the information presented using animations, podcasts and videos that create a multimodal and realistic learning environment. Rather than having a passive experience, learners can quickly and easily choose what they need to learn. Additionally, e-learning platforms often allow learners to choose the next courses they want to study.

The increasing adoption of e-learning methods in colleges and universities creates a need for learning management software. The outbreak of the COVID-19 pandemic has transformed the education sector worldwide. According to the World Economic Forum report, even before the COVID-19 pandemic, global EdTech investments reached US$18.7 billion in 2019, and the total online education market is expected to reach US$350 billion by 2025 since the COVID -19 pandemic has seen a significant surge in voice apps, virtual tutoring, video conferencing tools, and online learning software, among others.

scope of the report

By deployment mode (on-premise and cloud)

By delivery mode (distance learning, instructor-led training and others)

By End User (K-12, Higher Education, and Enterprise)

Some of the major players operating in the Learning Management System Market:

  • Tafel Inc.
  • cornerstone
  • D2L Corporation
  • Docebo
  • International Business Machines Corporation
  • itslearning AS
  • LTGplc
  • Hurix

Players operating in the Learning Management System market are employing strategies like mergers, acquisitions, and market initiative to assert their position in the market. Some developments of the major players in the Learning Management Systems market are mentioned below:

  • In November 2020, Cire Services Inc. chose the leading cloud learning management system, d Blackboard, to help students learn.
  • In April 2020, D2L Corporation planned to announce a significant partnership agreement with K16 Solutions, the industry leader in EdTech for LMS course migration. This development enables state-of-the-art migration and archiving solutions for institutions moving to D2L’s Brightspace learning management platform.

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The Learning Management Systems market is segmented on the basis of deployment mode, delivery mode, end-user, and geography. Based on deployment mode, the market is segmented into on-premise and cloud. Based on Delivery Mode, Learning Management System market is segmented into Distance Learning, Instructor-Led Training, and Others. The Learning Management Systems market is segmented into K-12, Higher Education, and Enterprise based on end user. Based on geography, Learning Management Systems market is roughly segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). In 2021, North America accounted for a significant share of the learning management system market.

A global market for learning management systems The report explains the market definition, classifications, applications and engagements in the market. The industry report provides detailed description, competitive scenario, wide product portfolio of major vendors and business strategy adopted by competitors along with their SWOT analysis and Porter’s five forces analysis. This far-reaching report provides the best overview of the global industry perspective, comprehensive analysis, size, share, growth, segment, trends and forecast.

Additionally, BYJU, an education technology and online tutoring company based in Bengaluru, India, has seen a 200% increase in new students since it announced free live classes. Similarly, Tencent’s classroom has been used extensively since mid-February 2020, after the Chinese government ordered a quarter billion full-time students to resume their studies via online platforms. The online courses led to the most notable changes in the country’s education system as approximately 730,000 (ie 81%) of K-12 students began taking classes through Tencent K-12 Online School in Wuhan, China. Increasing demand for products that provide efficient e-learning experience for employees and students is driving the growth of the learning management software market.

Impact of the COVID-19 Pandemic on the Learning Management System Market

The COVID-19 pandemic has rocked multiple industries. The massive increase in the spread of the virus has pushed governments around the world to impose severe restrictions on vehicles and the movement of people. With travel restrictions, mass lockdowns and factory closures, the pandemic has impacted economies and myriad industries, including manufacturing and construction, retail, transportation and logistics, and the automotive industry.

In 2020, the COVID-19 pandemic had a positive impact on the learning management system market due to an increase in e-learning in several countries. From 2021 to 2022, the demand for LMS platforms increased due to the increasing trend of Bring Your Own Device (BYOD) in enterprises. The COVID-19 pandemic has created massive demand for the BYOD trend as employees suddenly migrated to remote locations, resulting in new hybrid work environments. Therefore, the global Learning Management System Market growth is expected to be positive in 2021 and 2022.

Analysis at region and country level:

The report provides a comprehensive assessment of various regional and country-wise Learning Management System markets such as US, Canada, Germany, France, UK, Italy, Russia, China, Japan, South Korea, Taiwan, India, Australia, Indonesia, Thailand, Malaysia, Philippines, Vietnam , Mexico, Brazil, Argentina, Saudi Arabia, United Arab Emirates, Turkey etc.

The report consists of country and region-wise market size for the period 2016-2028, broken down by country (region), by type and application, and by player for North America, Europe, Asia Pacific, Latin America & Middle East & Africa.

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