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According to the report, global learning management system market was valued at around USD 5.19 billion in 2016 and is expected to reach approximately USD 19.05 billion in 2022, growing at a CAGR of slightly above 24% between 2017 and 2022. Learning management systems (LMS) is a software application used for planning, managing, delivering and appraising a learning process. Learning management system solutions use web-based technology to create and deliver content, track and evaluate the performance of users involved in learning the process. By LMS solutions, users can access the learning content and administration anytime and anywhere. Learning management system plays a vital role and acts as a central hub of learning for distributed learners enabling training and information sharing in the complicated process of imparting knowledge.
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According to the report, global learning management system market was valued at around USD 5.19 billion in 2016 and is expected to reach approximately USD 19.05 billion in 2022, growing at a CAGR of slightly above 24% between 2017 and 2022.
Learning management system (LMS)is a software application for the administration, tracking, documentation, reporting, and delivery of electronic educational technology courses or training programs. Software used in e-Learning programs helps in administration, documentation, and recording. Learning management systems also help to maintain online collaboration over the internet.By learning management solutions, users can access the learning content and administration from remote locations at any time. Learning management system acts as a central hub of learning for distributed learners enabling training and information sharing in the complicated process of imparting knowledge.
The major drivers which are impelling the market growth of learning management systems are increasing adoption of digital learning among corporate and academic sector. Another factor like increased compatibility of mobile devices with learning management system will fuel the market growth. Many organizations are adopting an m-learning (mobile learning) system which allows user learning across multiple contexts such as social media and context interaction through personal electronics devices. However, lack of integration in using LMS functionality is major restraining factor of learning management system market. Nonetheless, technological advancement, continuous innovation in e-learning and delivery methods will propel the growth of learning management system market over the forecast period.
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Learning management system market is segmented by delivery mode, user type, vertical, application, and region. By delivery mode the market is segmented into distance learning, instructor- led training and others. User types of learning management systems market are academic and corporate. Corporate segment dominated the learning management system market across the globe due to continuous up gradation of the corporate sector in terms of technology. Replacing conventional system with LMS system to create digital learning such as video-based training and presentation is escalating the market growth of learning management system. By vertical, learning management system is bifurcated into BFSI, healthcare, telecom and IT, retail and others. Application wise the learning management system is segmented into performance management, communication, and collaboration, administration, and others.
North America is leading the learning management system market due to increased emphasis on digitalization in school and cost reduction policy adopted by a business organization to provide training to their employee. Europe and Asia Pacific are also anticipated to show significant growth due to the adoption of e-learning technology.
Major participants in learning management system market are Technologies Group, Inc., Blackboard Inc., Cornerstone Ondemand, Inc., ACS Oracle Corporation, IST AB, SAP SE, IBM Corporation, McGraw-Hill Education, Saba Software, Inc., Skillsoft Limited and Upside Learning Solutions Pvt. Ltd., among others.
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List of Figures
1. Global learning management system market segmentation by delivery mode, user type, vertical, application and geography
2. Global learning management system market, 2016 – 2022 (USD Billion)
3. Porter’s five forces analysis: Learning management system market
4. Global learning management system market attractiveness, by delivery mode, 2016
5. Global learning management system market attractiveness, by user type, 2016
6. Global learning management system market attractiveness, by vertical, 2016
7. Global learning management system market attractiveness, by application, 2016
8. Global learning management system market attractiveness, by region, 2016
9. Global learning management system market revenue share, by delivery mode,2016&2022
10. Global learning management system market distance learning, 2016-2022(USD Billion)
11. Global learning management system market by instructor-led training, 2016-2022(USD Billion)
12. Global learning management system market revenue share, by delivery mode,2016&2022
13. Global learning management system market by academic, 2016-2022(USD Billion)
14. Global learning management system market by corporate, 2016-2022(USD Billion)
15. Global learning management system market revenue share, by vertical, 2016&2022
16. Global learning management system market by BFSI, 2016-2022(USD Billion)
17. Global learning management system market by retail, 2016-2022(USD Billion)
18. Global learning management system market by telecom & IT, 2016-2022(USD Billion)
19. Global learning management system market by healthcare, 2016-2022(USD Billion)
20. Global learning management system market by others, 2016-2022(USD Billion)
21. Global learning management system market revenue share, by application2016&2022
22. Global learning management system market for content management,2016-2022(USD Billion)
23. Global learning management system market for performance management, 2016 – 2022 (USD Billion)
24. Global learning management system market for communication and collaboration,2016 – 2022 (USD Billion)
25. Global learning management system market for others,2016 – 2022 (USD Billion)
26. Global learning management system market revenue share, by region, 2016 – 2022
27. North America learning management system market, 2016 – 2022, (USD Billion)
28. Europe learning management system market, 2016 – 2022, (USD Billion)
29. Asia Pacific learning management system market, 2016 – 2022(USD Billion)
30. Latin America learning management system market, 2016-2022(USD Billion)
31. Middle East & Africa learning management system market, 2016–2022, (USD Billion)
List of Tables
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1. Global learning management system market snapshot
2. Drivers for learning management system market: Impact analysis
3. Restraints of learning management system market: Impact analysis
4. North America learning management system market revenue, by delivery mode, 2016 – 2022 (USD Billion)
5. North America learning management system market revenue, by user type, 2016 – 2022 (USD Billion)
6. North America learning management system market revenue, by vertical, 2016 – 2022 (USD Billion)
7. North America learning management system market revenue, by application, 2016 – 2022 (USD Billion)
8. Europe learning management system market revenues, by delivery mode, 2016 – 2022 (USD Billion)
9. Europe learning management system market revenue, by user type, 2016 – 2022 (USD Billion)
10. Europe learning management system market revenue, by vertical, 2016 – 2022 (USD Billion)
11. Europe learning management system market revenue, by application, 2016 – 2022 (USD Billion)
12. Asia-Pacific learning management system market revenue, by delivery mode, 2016 – 2022 (USD Billion)
13. Asia-Pacific learning management system market revenue, by user type, 2016 – 2022 (USD Billion)
14. Asia-Pacific learning management system market revenue, by vertical, 2016 – 2022 (USD Billion)
15. Asia-Pacific learning management system market revenue, by application, 2016 – 2022 (USD Billion)
16. Latin America learning management system market revenue, by delivery mode, 2016 – 2022 (USD Billion)
17. Latin America learning management system market revenue, by user type, 2016 – 2022 (USD Billion)
18. Latin America learning management system market revenue, by vertical, 2016 – 2022 (USD Billion)
19. Latin America learning management system market revenue, by application, 2016 – 2022 (USD Billion)
20. Middle East & Africa learning management system market revenue, by delivery mode, 2016 – 2022 (USD Billion)
21. Middle East & Africa learning management system market revenue, by delivery mode, 2016 – 2022 (USD Billion)
22. Middle East & Africa learning management system market revenue, by user type, 2016 – 2022 (USD Billion)
23. Middle East & Africa learning management system market revenue, by vertical, 2016 – 2022 (USD Billion)
24. Middle East & Africa learning management system market revenue, by application, 2016 – 2022 (USD Billion)
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