Learning Management System (LMS) Market: Report Based on Development, Scope, Share, Trends, Forecast to 2027


Posted September 14, 2021 by TanveerAhmed005

The learning management system market is projected to grow at a significant CAGR of more than 20% during the forecast period (2019-2025).

 
The learning management system market is projected to grow at a significant CAGR of more than 20% during the forecast period (2019-2025). The growing use of learning management systems to streamline processes, tools, methodologies, and systems to improve the learning and productivity of the desired candidate is a major factor to drive the demand of learning management systems, which in turn will drive its global market. The ability of the learning management systems to offer hassle-free training healthcare, education, manufacturing, retail, and many other industries are actively adopting this system to improve their productivity along with high return on investment.
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The increasing penetration of mobile devices, growing digitalization, the rising deployment of the cloud model, and the high adoption rate of e-learning are the other motivators for the growth of the global learning management system market. However, the lack of proper IT infrastructure in the underdeveloped countries of Latin America and the Middle, East & Africa may restrain the growth of the global LMS market during the forecast period.
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Segmental Outlook

The global learning management system market is classified on the basis of type, deployment type, delivery mode and application. Based on type, the market is segmented into performance management, content management, communication & collaboration, and administration. Based on deployment type, the market is bifurcated into on-premises and cloud. Based on the deployment type, the cloud-based is anticipated exhibit significant market growth due to the presence of different advantages associated with it. Based on delivery mode, the market is segmented into distance learning and instructor-led learning. Based on delivery mode, distance learning is anticipated to hold major market share during the forecast period. The flexibility of the distance learning mode is a key factor that is promoting students and corporate to adopt distance education mode of learning, which in turn will drive the growth of this market segment. Based on application the market is segmented into corporate and academics.


Corporate will be considerable segment based on application

With the growing globalization, it is mandatory for multi-national corporate to remain in contact with their employees working in different demographics. The cloud-based learning management system has emerged as a cost-effective method to deliver and manage online training programs that are made to educate employees existing in different demographics. At present, the skills and technology required to perform a task in the organization are transforming continuously. To keep pace with the improving skills of the employees the utility of the learning management system in the corporate is of key importance. Corporate bodies are actively taking leverage of learning management system for automation of record-keeping and employee registration-related activities. The learning management system facilitates workers to use interactive features such as discussion forums, threaded discussions, online training and video conferencing. The affordability of these systems by the corporate to train their employees is a key factor that is anticipated to promote the growth of this market segment.


Regional Outlook

The global learning management system market is further segmented on the basis of geography including North America, Europe, Asia-Pacific and Rest of the World. North America is anticipated to hold a major market share in the global learning management system market during the forecast period. The high market share of the country can be attributed to the high investment in advanced learning technology by both public and private education institutions of the region. Cohesive government and private policies in the region to promote e-learning is a major factor to drive the growth of the regional market. For instance, as per the UNESCO report 2017 on mobile learning initiatives and policy implications in America, had shown that the mobile learning efforts in Canada and the US are in general school or district-led.


Asia-Pacific will augment with the significant growth rate in the learning management system market

Asia-Pacific is anticipated to grow at a considerable CAGR during the forecast period. The growing digitalization, increasing trend of BYOD, and inclination of students towards e-learning are the major factors that are creating the demand for the learning management system market in the region. The expansion of the tertiary education capacity of the emerging countries of Asia-Pacific such as India and China is a major factor to drive the growth of the learning management system market in the region. The rising adoption of cloud computing in the emerging countries of Asia-Pacific is anticipated to drive the growth of the learning management system market in the region.


Market Players Outlook

The major players operating in the global learning management systems market include Oracle Corp., SAP SE, Microsoft Corp., Blackboard Inc., IBM Corp., Desire2learn Corporation Ltd., Campus Management Corp., Adobe Systems Inc., and Cisco Systems Inc. Collaboration and partnerships are the key strategies adopted by the major players operating in the region. Moreover, the major players operating in the market are engaging themselves in the development of innovative techniques to deliver flexible and more convenient software products improved learning management. In March 2019, the University of Ferrara (UNIFE) had collaborated with Blackboard Inc. to enhance its online teaching and learning offering. With this collaboration, Unife is now capable to provide up to 13 virtual classrooms every day, for a total of 70 hours of online lessons.

The Report Covers

⦁ Market value data analysis of 2019 and forecast to 202.
⦁ Annualized market revenues ($ million) for each market segment.
⦁ Country-wise analysis of major geographical regions.
⦁ Key companies operating in the global learning management system market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
⦁ Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
⦁ Analysis of market-entry and market expansion strategies.
⦁ Competitive strategies by identifying ‘who-stands-where’ in the market.
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Last Updated September 14, 2021