Global Learning Management System (LMS) Market Overview And Prospects
Learn about the global learning management system market through The Business Research Company, which provides information on LMS market size, LMS market drivers and restraints, LMS market players, the COVID-19 impact on the LMS market, and more.
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The global learning management system (LMS) market size is expected to grow from $13.46 billion in 2021 to $15.77 billion in 2022 at a compound annual growth rate (CAGR) of 17.1%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic. The LMS market is expected to reach $29.35 billion in 2026 at a CAGR of 16.8%.
The increasing adoption of e-learning is expected to drive innovation in learning management system manufacturing, thus driving the market during the forecast period.
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The learning management system (LMS) market consists of sales of learning management solutions and services by entities (organizations, sole traders, and partnerships) that is a software application or web-based platform which is used to design, execute, and evaluate a learning procedure. Learning management systems are frequently used by businesses of all sizes, national government agencies, local governments, traditional educational institutions and online or eLearning-based institutions.
Global Learning Management System (LMS) Market Segments Include:
By Component: Solution, Services
By Delivery Mode: Distance Learning, Instructure LED Training, Blended Training
By Deployment Mode: Cloud, On-Premises
By End User: Academic, Corporate
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the learning management system market in 2021.
The use of artificial intelligence is a key trend gaining the popularity in the learning management system (LMS) market. Artificial intelligence provides various advantages to the various learning management systems by facilitating a forward-thinking approach to the team member learning experience. A specific set of algorithms is used by an AI based learning platform to learn and make predictions on data.
TBRC’s learning management system (LMS) market report covers:
Major Market Players: McGraw Hill Education, D2L, SAP SE, Docebo, Absorb LMS, Blackboard Inc, Cornerstone OnDemand, Oracle corporation, IBM corporation, Pearson, PowerSchool, Epignosis, Skillsoft, Aptara Inc., Articulate, Schoology, Tata Interactive Systems, Netdimensions Ltd., MPS Interactive, Adobe Inc., CrossKnowledge, SumTotal Systems, and TalentLMS.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Learning Management System (LMS) Global Market Report 2021: Market Size, Trends, And Global Forecast 2022 – 2026 is one of a series of new reports from The Business Research Company that provides learning management system (LMS) market overviews, analyses and forecasts market size, share, LMS market players, LMS market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s learning management system (LMS) market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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