Market Overview

A learning management system (LMS) is a software solution which is used for the reporting, tracking, documentation, administration, training programs and delivery of educational courses. The learning management system venders are focused on providing online courses and various hybrid courses such as flipped classrooms and blended learning. The LMS also manages instructional content, online course administration and assessment of student work have increased the demand for LMS in academics. Moreover, the LMS are also adopted by corporate bodies for training purpose. The implementation of training management system helps to manage instructor-led training and learning records store to store and track the data. In addition, the implementation of performance management systems in LMS offers the options of multi-rater assessments, succession planning, skills gap analysis, and competency management increased the demand for learning management system in various industries.

The global learning management system market was valued at US$ 5,100 million in 2016 and is estimated to witness a CAGR of 23% during the forecast period (2016 – 2025).

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Market Dynamics

The increasing adoption of virtual reality and gamification technology in various industries has become the key driver promoting growth of the global learning management system market. Moreover, the increasing implementation of bring your own device (BYOD) culture by various larger scale industries has also played a major role in the contribution of growth for learning management system market globally. Due to high advantages such as employees satisfaction and retention, increase in innovation & productivity and cost saving have increased the implementation of bring your own device culture by various corporate managements. This increasing BYOD culture has provided immense opportunity for growth of the learning management system market globally.

Detailed Segmentation:

Global Learning Management System Market, By Deployment Model:

Cloud

On-Premises

Global Learning Management Market, By Application

Content Management

Performance Management

Communication and Collaboration

Administration

Learner Management

Others

Global Learning Management System Market, By Delivery Mode

Distance Learning

Instructor-Led Training

Others



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Key companies covered as a part of this study include Cornerstone Ondemand Inc., Xerox Corporation, IBM Corporation, Netdimensions Ltd., SAP SE, Blackboard, Inc., SABA Software, Inc., Mcgraw-Hill Companies, Pearson PLC, and D2L Corporation

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