Learning Management System (LMS) Report assists to attain an extreme sense of evolving industry movements before the competitors. The report presents the data and information for actionable, most modern and real-time market insights about this industry which makes it easy to take critical business decisions. New possibilities are offered via this market report to explore which are made feasible by superior research methodologies, research tools and rich experiences. Besides, this business report offers historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. A worldwide Learning Management System (LMS) market research document gives strength to any kind of business whether it is large, medium or small for surviving and succeeding in the market.
Data Bridge Market Research analyses that the global learning management system in education sector market was valued at USD 15.88 billion in 2021 and is expected to reach the value of USD 89.05 billion by 2029, at a CAGR of 24.05% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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The winning Learning Management System (LMS) market report is structured with the most excellent and advanced tools of collecting, recording, estimating and analysing market data. A profound knowledge of industrial unanimity, market trends and incredible techniques give client’s an upper hand in this industry. What is more, this report gives better market perspective in terms of product trends, marketing strategy, future products, new geographical markets, future events, sales strategies, customer actions or behaviours. Businesses can effectively use the data, statistics, research, and insights about the market included in the credible Learning Management System (LMS) report to make decisions about business strategies and to achieve maximum return on investment (ROI).
A learning management system (LMS) is a web-based application that aids in developing and administering online training and learning programmes. It includes a customizable user interface, social learning, mobile compatibility, automation, pre-built and custom courseware, and blended learning. It also provides a unified front and back end experience, increased efficiency, support for multiple learning methods, and valuable insights.
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The Learning Management System (LMS) Market is Dominated by Firms Such as:
- Cornerstone OnDemand (U.S.)
- SAP SE (Germany)
- McGraw Hill Education (U.S.)
- Skillsoft (U.S.)
- D2L Corporation (Canada)
- MPS Interactive (India)
- Adobe, Inc. (U.S.)
- Docebo (Canada)
- Saba Software (Canada)
- Blackboard (U.S.)
- Pearson (U.K)
- Epignosis (U.S.)
- IBM Corporation (U.S.)
- Oracle (U.S.)
- Absorbs Software LLC (Canada)
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Key Market Segments Covered in Learning Management System (LMS) Industry Research:
Component
- Solution
- Services
- Support services
- Implementation services
- Consulting services
Delivery mode
- Distance Learning
- Instructure Led Training
- Blended Learning
Deployment mode
- Cloud
- On-premises
User type
- Academic
- K-12
- Higher Education
- Corporate
- Software and technology
- Healthcare
- Retail
- BFSI
- Manufacturing
- Government and defence
- Telecom
- Others
Learning Management System (LMS) Market Dynamics:
Drivers
- Advancements in e-learning by incorporating learning management systems
E-learning is one of the fastest growing knowledge-based industries. E-learning advancements have simplified training and learning by incorporating learning management systems across corporate organisations and educational institutions. Various advantages, such as flexible and timely access, strong integration with internet-based services, and cost-effectiveness, are enticing more and more customers to use modern tools for training employees and students.
- Low running cost and better information on capital investment decision
An increasing number of organisations around the global are modernising their training environment by incorporating e-learning tools to ensure workforce efficiency. These solutions are aided further by learning management systems, which provide all of the requirements for successful training practise management, such as performance management, administration, and content management, as well as the delivery of distinct and customised courses for employees. Corporates find it easier and more effective to train their employees with LMS, as LMS enables learning delivery in minimal time while maintaining high employee productivity. Thus, the advancement of e-learning platforms, particularly in the corporate user segment, is shifting people’s attention to online learning platforms, which is supporting the growth of the LMS market.
Opportunity
Government bodies are taking a variety of initiatives to promote the incorporation of modernised learning tools such as LMS in training programmes of institutions and businesses in order to increase efficiency among students and employees. UNESCO’s post-2015 development agenda emphasised the importance of open educational materials in ensuring student literacy and development. Along with educational materials, there was a need for a platform to house all of the teachers’ instructional content, student assignments and feedback, and course collection. LMS proved to be an effective platform for meeting a variety of end-user requirements.
- Restraints
In the forecasted period, market restraints for global learning management system in education sector include a lack of motivation and engagement to adopt solutions. The most significant challenge to market growth will be a lack of technical support and a shortage of skilled trainers.
This global learning management system in education sector market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the learning management system market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development:
- In July 2021 PowerSchool announced that it would price its class A common stock on the New York Stock Exchange at USD 18 per share (NYSE). This would assist the company in repaying outstanding debt expenses associated with the IPO.
- In December 2020 D2L and Microsoft will collaborate to integrate Brightspace LMS with Microsoft Teams. This would improve the learning experience by giving students access to a private Teams space on the Brightspace platform.
- In October 2020 Blackboard Reach, its new solution for K-12 institutions, will be available. The solution was designed to assist parents in connecting with teachers and engaging in meaningful, real-time discussions.
Learning Management System (LMS) Market Regional Analysis/Insights:
The countries covered in the global learning management system market report are U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Switzerland, Netherlands, Russia, Turkey, Belgium, Rest of Europe, Japan, China, South Korea, India, Australia & New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, South Africa, Israel, U.A.E., Saudi Arabia, Egypt, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America.
North America dominates the learning management system (LMS) market in terms of revenue because of its established network infrastructure and the presence of universities offering online courses.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Reasons to Purchase the Learning Management System (LMS) Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
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