The global learning management system market size is projected to expand at a high CAGR during the forecast period, 2021 – 2028. The growth of the market is attributed to increasing adoption of the e-learning system across the globe.
A learning management system (LMS) is a software application for the purpose of documentation, tracking, reporting, administration, and delivery of educational courses, training programs, and learning & development programs. The learning management system concept directly came from e-learning. The software is designed to distribute, create, and manage the delivery of educational content. LMS is presented as a standalone product on company’s server, or on a cloud-based platform, which is hosted by a software firm.
The cloud computing method developed as a cost-effective method to deliver online training programs to diversify the employees’ demographics. Various organizations are adopting LMS for the automation of certain tasks including record keeping and employee registration. Several LMS market vendors started offering the mobile learning feature to their LMS, which is accessible through smartphone devices. LMS allows employees to use interactive features including online training, discussion forums, video conferencing, and threaded discussions.
The report on the global learning management system market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
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 |
Products (Administration, Content Management, Collaboration, Performance, and Student), End-users (Education and Corporate), Deployments (SaaS and On-premise) |
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 |
Automatic Data Processing, Inc., Blackboard Inc., Cornerstone Ondemand, Inc., IBM Corporation, Mcgraw-Hill Education, Oracle, and Netdimensions Ltd. |
Based on products, the market is divided into performance, collaboration, content management, student, and administration. The content management segment is expected to hold a key share during the forecast period due to rising demand for a solution for content publishing.
On the basis of end-users, the global learning management system market is bifurcated into education and corporate. The education segment is projected to constitute a large share in the coming years owing to rising adoption of the management system for educational purposes.
Based on deployments, the market is categorized as SaaS and on-premise. The on-premise segment is anticipated to register substantial growth due to extensive use of on-premise learning management systems in various applications.
In terms of regions, the global learning management system market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to dominate the market, due to multiple collaborations among the organizations and management systems suppliers in the region.
The global learning management system market has been segmented based on
Some of the major participants competing in the global learning management system include Automatic Data Processing, Inc., Blackboard Inc., Cornerstone Ondemand, Inc., IBM Corporation, Mcgraw-Hill Education, Oracle, and Netdimensions Ltd.
These key market players are using strategies including mergers, acquisition, partnerships, launches, collaborations, and product development to build a strong position in the market. R&D and innovation are the key strategies widely adopted by several major players to enhance their market share.
For instance, in August 2019, PeopleFluent launched a new version of NetDimensions LMS, which is a state-of-the-art learning management system for business training and compliance management. It facilitates improved functionality as well as incorporation into PeopleFluent’s customer experience platform, enabling access to a host of process productivity equipment and seamless navigation in PeopleFluent’s strategic talent products.
In November 2020, Blackboard Inc., a leading EdTech software and solutions company, declared the release of Blackboard Assist, which is a new feature in the company’s leading cloud learning management system (LMS), Blackboard Learn. It connects higher education students with resources and services to support them to succeed in their college life. The feature directly connects the students in a single click to help them and curates third-party support services.
The global learning management system market has been segmented based on
Some of the major participants competing in the global learning management system include Automatic Data Processing, Inc., Blackboard Inc., Cornerstone Ondemand, Inc., IBM Corporation, Mcgraw-Hill Education, Oracle, and Netdimensions Ltd.
These key market players are using strategies including mergers, acquisition, partnerships, launches, collaborations, and product development to build a strong position in the market. R&D and innovation are the key strategies widely adopted by several major players to enhance their market share.
For instance, in August 2019, PeopleFluent launched a new version of NetDimensions LMS, which is a state-of-the-art learning management system for business training and compliance management. It facilitates improved functionality as well as incorporation into PeopleFluent’s customer experience platform, enabling access to a host of process productivity equipment and seamless navigation in PeopleFluent’s strategic talent products.
In November 2020, Blackboard Inc., a leading EdTech software and solutions company, declared the release of Blackboard Assist, which is a new feature in the company’s leading cloud learning management system (LMS), Blackboard Learn. It connects higher education students with resources and services to support them to succeed in their college life. The feature directly connects the students in a single click to help them and curates third-party support services.
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