A learning management system (LMS) is an e-learning content creation, administration, and delivery software to administer the online learning programs, which helps organizations utilize learning management systems and related software. In addition, using analytical data and reporting, learning management systems are developed to detect training and learning gaps. Moreover, a learning management system for higher education includes classroom management for instructor-led instruction or a flipped classroom. Intelligent algorithms are used in modern LMSs to provide automatic course suggestions based on a user's ability profile, as well as to extract data from learning materials to improve the accuracy of recommendations.
With evolving technologies, learning management systems are evolving with various features to facilitate better educational courses, which promote growth of the learning management systems market. In addition, massive adoption of learning management systems for online education and remote learning drives the market growth. These factors notably contribute towards the growth of the global learning management systems market. However, expensive subscription rates and high prices of the educational courses on the learning management platform are some of the factors that hamper the market growth. On the contrary, virtual reality (VR) is moving beyond pilot training and other simulations and into everyday tools, including learning management systems (LMS). In addition, surge in adoption of learning management systems across various countries and rapid digitalization in the educational sector are expected to provide lucrative opportunities for the market growth in the coming years.
The learning management systems market is segmented into user type, deployment model, industry vertical, and region. Depending on user type, it is fragmented into academic, and enterprises. By deployment model, the market is differentiated into on-premise and cloud. By industry vertical, the market is segmented into government & education, retail, healthcare, IT & telecom, manufacturing, hospitality, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The learning management systems market analysis includes top companies operating in the market, such as Blackboard Inc., Callidus Software Inc., Epignosis LLC, John Wiley & Sons, Inc., Oracle Corporation, Jzero Solutions Ltd., Paradiso Solutions, SABA Software, Inc., SAP SE, and Sumtotal Systems, LLC. These players have adopted various strategies to increase their market penetration and strengthen their position in the learning management systems industry.
With evolving technologies, learning management systems are evolving with various features to facilitate better educational courses, which promote growth of the learning management systems market. In addition, massive adoption of learning management systems for online education and remote learning drives the market growth. These factors notably contribute towards the growth of the global learning management systems market. However, expensive subscription rates and high prices of the educational courses on the learning management platform are some of the factors that hamper the market growth. On the contrary, virtual reality (VR) is moving beyond pilot training and other simulations and into everyday tools, including learning management systems (LMS). In addition, surge in adoption of learning management systems across various countries and rapid digitalization in the educational sector are expected to provide lucrative opportunities for the market growth in the coming years.
The learning management systems market is segmented into user type, deployment model, industry vertical, and region. Depending on user type, it is fragmented into academic, and enterprises. By deployment model, the market is differentiated into on-premise and cloud. By industry vertical, the market is segmented into government & education, retail, healthcare, IT & telecom, manufacturing, hospitality, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The learning management systems market analysis includes top companies operating in the market, such as Blackboard Inc., Callidus Software Inc., Epignosis LLC, John Wiley & Sons, Inc., Oracle Corporation, Jzero Solutions Ltd., Paradiso Solutions, SABA Software, Inc., SAP SE, and Sumtotal Systems, LLC. These players have adopted various strategies to increase their market penetration and strengthen their position in the learning management systems industry.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides in-depth analysis of the global learning management systems market along with the current trends and future estimations to illustrate the imminent investment pockets
- Information about key drivers, restrains, & opportunities and their impact analysis on the global learning management systems market size are provided in the report
- The Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry
- The quantitative analysis of the global learning management systems market from 2021 to 2030 is provided to determine the market potential
KEY MARKET SEGMENTS
By User Type
- Academic
- Enterprises
By Deployment Model
- On-Premise
- Cloud
By Industry Vertical
- Government & Education
- Retail
- Healthcare
- IT & Telecom
- Manufacturing
- Hospitality
- Others
By Region
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY MARKET PLAYERS
- Blackboard Inc
- Callidus Software Inc
- Epignosis LLC
- John Wiley & Sons, Inc
- Oracle Corporation
- Jzero Solutions Ltd
- Paradiso Solutions
- SABA Software, Inc
- SAP SE
- Sumtotal Systems, LLC
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Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Landscape
Chapter 4: Learning Management System Market, by User Type
Chapter 5: Learning Management System Market, by Deployment Model
Chapter 6: Learning Management System Market, by Industry Vertical
Chapter 7: Learning Management System Market, by Region
Chapter 8: Company Profiles
List of Tables
List of Figures
Executive Summary
According to a recent report titled, “Learning Management Systems Market by User Type, Deployment Model, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global learning management systems market size was valued at $12.79 billion in 2020, and is projected to reach $81.22 billion by 2030, growing at a CAGR of 20.5% from 2021 to 2030.Access to high-speed internet and increase in use of learning management systems among educational universities drive the global learning management systems market size. Furthermore, rise in penetration of smartphones and laptops across the globe and development of the digital education industry globally are the major factors that drive the growth of the market. However, poor internet connectivity in remote areas hampers the growth of the market. Moreover, the adoption of learning management systems from students to pursue the educational degrees is one of the major growth factors of the LMS market.
Furthermore, the global learning management systems market is in its developing phase, and exhibits high growth potential, due to rise in need for educational platforms among students, especially during the COVID-19 pandemic. For instance, Blackboard, Inc., an American educational technology company announced that it will introduce Blackboard Reach, a new solution for K-12 institutions, in October 2020. The goal of the solution is to make it easier for parents to engage with instructors and have meaningful, in-person conversations. In addition, as several institutions were closed to maintain social distancing, schools and universities shifted their focus towards online coaching and adopted systems, which promote potential of the learning management systems market.
The LMS market is segmented into user type, deployment model, industry vertical, and region. Depending on user type, it is fragmented into academic, and enterprises. By deployment model, the market is differentiated into on-premise and cloud. By industry vertical, the market is segmented into government & education, retail, healthcare, IT & telecom, manufacturing, hospitality, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
By deployment mode, the cloud segment acquired major share. Increase in mobile population and distributed workforce encourages the demand for e-learning or online training in the academic and corporate sector. Further, the benefits of cost and accessibility, and increasing technological advancements in learning platforms have encouraged the users to upgrade their traditional LMS to a more contemporary LMS. This has resulted in the growth of the learning management systems market during the forecasted period.
Region wise, North America dominated the market in 2020, and is expected to maintain this trend during the forecast period. High demand for LMS solutions and growth in the education sector, which include web-based and distance learning modules, are expected to drive the growth of the LMS industry in this region.
The demand for learning management systems has increased considerably during the COVID-19 pandemic. This is attributed to increase in accessibility towards learning management among consumers and initiatives by governing bodies across the globe to curb the spread of virus by initiating online educations and exams. Moreover, learning management systems method is expected to be intact by economic downturn, and is anticipated to remain high during forecast period. Thus, these factors promote the growth of the learning management systems industry during the pandemic situation.
Key Findings Of Study
- By deployment mode, the cloud segment led the highest learning management systems market share, in terms of revenue in 2020
- On the basis of industry vertical, the government & education segment is expected to exhibit the fastest growth rate during the forecast period
- Region wise, North America generated the highest revenue in 2020
Companies Mentioned
- Blackboard Inc.
- Callidus Software Inc.
- Epignosis LLC
- John Wiley & Sons, Inc.
- Oracle Corporation
- Jzero Solutions Ltd.
- Paradiso Solutions
- SABA Software, Inc.
- SAP SE
- Sumtotal Systems, LLC.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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