Corporate Learning Management System Market

Global Corporate Learning Management System Market by Component (Solutions and Services), Deployment Type (Cloud and On-premises), Delivery Mode (Distance Learning, Instructor-Led Training, and Blended Learning), Organization Size (Small and Medium-Sized Enterprises and Large Enterprises), Verticals (Software and Technology, Healthcare, Retail, Banking, Financial Services, and Insurance, Manufacturing, Government and Defense and Telecom), and Regions (North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa) Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-2980
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 183
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The global corporate learning management system market is expected to grow at a compound annual growth rate (CAGR) of 18.7% from 2021 to 2028, from USD 13.38 billion in 2021. A corporate LMS is software that allows a company to provide employees with online training and learning content. Corporate LMS aids in the on-boarding of new employees, and providing them with the knowledge and skills required to perform their roles and, as a result, to advance faster in their careers. Corporate LMS software gives employees access to online materials and courses for training and development.


Corporate Learning Management System Market key takeaways

Internal (employee training) and external (customer training) are the two primary use cases for corporate LMS software (customer training). Some corporate learning management systems include eCommerce/billing capabilities, while others integrate with an online storefront. Courses designed for customer training are monetized in a variety of ways. They are sold to customers as a training resource alongside a company's software product or as a stand-alone product. Other corporate LMS can be solely focused on course distribution, learner management, and reporting on completion and compliance.

Market Trends, Drivers, Restraints, and Opportunities:

  • Growing number of mergers & acquisitions, collaborations, partnerships, and launch of products are boosting the market.
  • Growing popularity of bring your device (BYOD) policies among corporations and the rapid emergence of mobile-based learning, are major trends in the market.
  • The size of the corporate learning management system market is expected to grow, as more companies implement sophisticated learning solutions. Innovative approaches to e-learning tools, a growing trend toward BYOD and enterprise mobility, and increasing importance of continuous learning are some of the key drivers of the market.
  • Other factors driving the market include the ability to organize e-Learning content in any location, track progress, and performance more quickly, provide unlimited access to eLearning materials, and reduce learning and development costs.
  • Automated employee assessment functionalities, real-time training and evaluation, and cloud-based assessment systems are driving the market.
  • Lack of adequate integration support and technical constraints in implementing advanced LMS is likely to hamper the market.
  • Low organizational motivation and engagement, advanced learning analytics and automation, and low corporate motivation and engagement are expected to limit the growth of the market.
  • LMS is gaining popularity among enterprises, as it allows organizations all over the world to teach their employees regardless of their physical location and adoption of cloud-based deployments. This, in turn, is estimated to create opportunities in the corporate learning management system market.
  • Advanced LMSs are designed specifically for corporate businesses to assist firms in launching a variety of online courses, such as compliance training, employee on-boarding resources, and numerous workshop courses, which are expected to boost the corporate LMS market during the forecast periods.


Scope of the Report:

Attributes

Details

Report Title

Corporate Learning Management System Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Component (Solutions and Services), Deployment Type (Cloud and On-premises), Delivery Mode (Distance Learning, Instructor-Led Training, and Blended Learning), Organization Size (Small and Medium-Sized Enterprises and Large Enterprises), Verticals (Software and Technology, Healthcare, Retail, Banking, Financial Services, and Insurance, Manufacturing, Government and Defense and Telecom)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Absorb LMS Software Inc., Adobe, Blackboard Inc., Cornerstone, CrossKnowledge, D2L Corporation., Docebo,Epignosis, PeopleONE, Inc. (ExpertusONE), G-Cube, MRCC, Growth Engineering, Saba Software, MPS Interactive Systems Limited, Instructure, Inc., Schoology, iSpring Solutions Inc., Skillsoft, Sumtotal Systems, LLC.



The report on the global corporate learning management system market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Global Corporate Learning Management System Market Segment Insights:

Solutions segment to hold a significant market share

In terms of components, the global corporate learning management system market is segmented into solutions and services. The solutions segment is expected to grow significantly, in terms of revenue share, due to the increase in the demand for e-learning solutions, which caterers to various needs of the corporate and academic institutes such as administration, performance management, and content management. The services segment is expected to grow at a considerable pace during the forecast period.


Corporate Learning Management System Market by components

Cloud deployment segment to grow during the forecast period

Based on deployment type, the global corporate learning management system market is bifurcated into cloud and on-premises. The cloud segment is expected to account significant share of the market during the forecast period, as it is cost-effective and offers associated benefits, thus increasing its adoption. The cloud implementation style is dynamic, highly scalable, and cost-effective, with a pay-per-use model based on end-user needs.


Corporate Learning Management System Market by type

Distance Learning segment to grow during the forecast period

Based on delivery mode, the global corporate learning management system market is fragmented into distance Learning, instructor-led training, and blended learning. The distance learning segment is expected to be a considerable CAGR during the forecast period. Distance learning refers to students tutoring themselves remotely, which is typically done online. The blended learning segment is expected to grow during the forecast period, as it is a increasingly preferred by corporate employees.

Small- and Medium-sized Enterprises segment to grow in the coming years

On the basis of organization size, the global market is segmented into small- and medium-sized enterprises and large enterprises. The small- and medium-sized enterprises segment is expected to expand at a considerable pace, as these organizational sizes are becoming more common and growing awareness among these enterprises.

The software and technology vertical segment to expand during the forecast period

In terms of verticals, the market is classified as software and technology, healthcare, retail, banking, financial services, and insurance, manufacturing, government and defense, and telecom. The software and technology vertical segment is expected to account for a considerable share of the market as software and technology organizations have high training demand for their employees, and companies in the IT sector are face high pressure to train their employees regularly, due to technological evolutions and high competition.

North America dominates the global market

In terms of regions, the global corporate learning management system market is split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to hold a significant share of the market during the forecast period. Increasing use of eLearning tools and technological advancements in learning methodologies, contribute to the overall growth of the market in North America. The market in Asia Pacific is expected to grow at a substantial CAGR during the forecast period. Companies in the region are looking to improve their return on investment on talent development, assess their employee learning needs, provide proper employee training, and achieve quantifiable business outcomes.

Segments

Segments Covered in the Report

By Components

  • Solutions
  • Services

By Deployment Type

  • Cloud
  • On-premises

By Delivery Mode

  • Distance Learning
  • Instructor-Led Training
  • Blended Learning

By Organization Size

  • Small- and Medium-Sized Enterprises
  • Large Enterprises

By Verticals

  • Software and Technology
  • Healthcare
  • Retail
  • Banking
  • Financial Services and Insurance
  • Manufacturing
  • Government and Defense
  • Telecom

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

By Key Players

  • Absorb LMS Software Inc.
  • Adobe
  • Blackboard Inc.
  • Cornerstone
  • CrossKnowledge
  • D2L Corporation
  • Docebo
  • Epignosis
  • PeopleONE, Inc. (ExpertusONE)
  • G-Cube
  • MRCC
  • Growth Engineering
  • Saba Software
  • MPS Interactive Systems Limited
  • Instructure, Inc.
  • Schoology
  • iSpring Solutions Inc.
  • Skillsoft
  • Sumtotal Systems, LLC

Competitive Landscape

Key players in the global corporate learning management system market are Absorb LMS Software Inc., Adobe, Blackboard Inc., Cornerstone, CrossKnowledge, D2L Corporation., Docebo,Epignosis, PeopleONE, Inc. (ExpertusONE), G-Cube, MRCC, Growth Engineering, Saba Software, MPS Interactive Systems Limited, Instructure, Inc., Schoology, iSpring Solutions Inc., Skillsoft, Sumtotal Systems, LLC. These players are focusing on mergers & acquisitions, collaborations, agreements, and partnerships to expand their geographical presence and use in a variety of therapies.

Corporate Learning Management System Market by key players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Corporate Learning Management System Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Corporate Learning Management System Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Corporate Learning Management System Market - Supply Chain
  4.5. Global Corporate Learning Management System Market Forecast
     4.5.1. Corporate Learning Management System Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Corporate Learning Management System Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Corporate Learning Management System Market Absolute $ Opportunity
5. Global Corporate Learning Management System Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Corporate Learning Management System Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Corporate Learning Management System Demand Share Forecast, 2019-2026
6. North America Corporate Learning Management System Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Corporate Learning Management System Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Corporate Learning Management System Demand Share Forecast, 2019-2026
7. Latin America Corporate Learning Management System Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Corporate Learning Management System Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Corporate Learning Management System Demand Share Forecast, 2019-2026
8. Europe Corporate Learning Management System Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Corporate Learning Management System Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Corporate Learning Management System Demand Share Forecast, 2019-2026
9. Asia Pacific Corporate Learning Management System Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Corporate Learning Management System Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Corporate Learning Management System Demand Share Forecast, 2019-2026
10. Middle East & Africa Corporate Learning Management System Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Corporate Learning Management System Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Corporate Learning Management System Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Corporate Learning Management System Market: Market Share Analysis
  11.2. Corporate Learning Management System Distributors and Customers
  11.3. Corporate Learning Management System Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Absorb LMS Software Inc.
     11.4.2. Adobe
     11.4.3. Blackboard Inc.
     11.4.4. Cornerstone
     11.4.5. CrossKnowledge
     11.4.6. D2L Corporation
     11.4.7. Docebo
     11.4.8. Epignosis

Segments Covered in the Report

By Components

  • Solutions
  • Services

By Deployment Type

  • Cloud
  • On-premises

By Delivery Mode

  • Distance Learning
  • Instructor-Led Training
  • Blended Learning

By Organization Size

  • Small- and Medium-Sized Enterprises
  • Large Enterprises

By Verticals

  • Software and Technology
  • Healthcare
  • Retail
  • Banking
  • Financial Services and Insurance
  • Manufacturing
  • Government and Defense
  • Telecom

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

By Key Players

  • Absorb LMS Software Inc.
  • Adobe
  • Blackboard Inc.
  • Cornerstone
  • CrossKnowledge
  • D2L Corporation
  • Docebo
  • Epignosis
  • PeopleONE, Inc. (ExpertusONE)
  • G-Cube
  • MRCC
  • Growth Engineering
  • Saba Software
  • MPS Interactive Systems Limited
  • Instructure, Inc.
  • Schoology
  • iSpring Solutions Inc.
  • Skillsoft
  • Sumtotal Systems, LLC

Key players in the global corporate learning management system market are Absorb LMS Software Inc., Adobe, Blackboard Inc., Cornerstone, CrossKnowledge, D2L Corporation., Docebo,Epignosis, PeopleONE, Inc. (ExpertusONE), G-Cube, MRCC, Growth Engineering, Saba Software, MPS Interactive Systems Limited, Instructure, Inc., Schoology, iSpring Solutions Inc., Skillsoft, Sumtotal Systems, LLC. These players are focusing on mergers & acquisitions, collaborations, agreements, and partnerships to expand their geographical presence and use in a variety of therapies.

Corporate Learning Management System Market by key players

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