USD 21.22 billion
Global Learning Management Systems Market Size, Share, Growth Analysis, By User Type(Academic, Enterprises), By Deployment Model(On-Premise, Cloud), By Industry Vertical(Government & Education, Retail) - Industry Forecast 2024-2031
Report ID:
SQMIG45F2111 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
92 |
Figures:
76
Global Learning Management Systems Market Insights
Global Learning Management Systems Market size was valued at USD 21.22 billion in 2019 and is poised to grow from USD 24.7 billion in 2023 to USD 96.89 billion by 2031, growing at a CAGR of 16.4% in the forecast period (2024-2031).
Learning Management Systems (LMSs) are primarily used for online learning, but they can also be used for other purposes, such as serving as a platform for online content such as asynchronous and synchronous courses. Furthermore, LMS software, also known as computer-based training software, assists educational institutions and businesses in better managing their online learning programs, which can be a very effective way to improve employee engagement and retention while also improving skill levels.
The Learning Management Systems Market is being driven by an increase in the adoption of learning management systems for online learning and inline classes in order to reduce costs and improve convenience. Furthermore, the growth of the learning management systems Learning Management Systems Market is accelerated by an increase in smartphone penetration combined with fast internet connectivity, a rise in consumer preference for learning management systems, and widespread adoption of these systems by educational institutions. However, the market's growth is hampered by high course prices and unreliable internet connections in rural areas. On the contrary, due to factors such as automation of human-intervened operations, the integration of artificial intelligence (AI) offers significant opportunities for learning management system companies to expand their offerings. Furthermore, there is expected to be an increase in the number of developments and initiatives aimed at digitalizing education.
US Learning Management Systems Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
On-Premise
Fastest Growth
On-Premise
Growth Rate
16.4% CAGR
Global Learning Management Systems Market, 2021-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
Global Learning Management Systems Market Size By Deployment Model, 2021-2028 ($ Bn)
Global Learning Management Systems Market Size By Deployment Model, 2021-2028 (%)
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Global Learning Management Systems Market Segmental Analysis
The Global Learning Management Systems Market is segmented based on user type, deployment type, industry verticals, and region. Based on User Type it is categorized into Academic and Enterprises, Based on Deployment Model it is categorized into On-Premise and Cloud, and Based on Industry Vertical it is categorized into Government & Education, Retail, Healthcare, IT & Telecom, Manufacturing, Hospitality, and Others. Based on the region it is categorized into North America, Europe, Asia-Pacific, South America, and MEA.
Learning Management Systems Market Analysis by Industry vertical
Due to the growing demand for effective learning tools for training students, the academic segment is expected to account for the majority of Learning Management Systems Market share during the forecast period. K-12 and higher education are the two sub-segments of this category, with the K-12 subsegment surpassing the higher education subsegment. According to the SQ Analysis, LMS will be used by 64% of K-12 schools and 36% of higher education colleges and universities.
The market is expected to be driven by the rapid adoption of LMS across K-12. Its growing popularity in the corporate sector is expected to accelerate, as it allows businesses to conduct meetings, training, and entrepreneurship programs efficiently regardless of distance. Flexible learning environments for online training are becoming increasingly popular in the healthcare industry. E-learning is being used by the retail industry to provide sales training and product information to their employees. For example, to improve staff, brand, and product knowledge, Gekko launched a digital learning solution for the retail industry. The demand for learning management systems is expected to rise as a result of such initiatives.
Learning Management Systems Market Analysis by Deployment type
During the forecast period, the On-Cloud segment is expected to have a dominant Learning Management Systems Market share. Based on our analysis we found that, earlier, due to its in-house safety and security capabilities, the on-premises segment dominated the market. Small businesses and educational institutions are increasingly moving toward cloud-based deployment models because of the pricing flexibility. On the other hand, the demand for the software as a service (SaaS) model is increasing due to the ease of use when connecting various applications and services. Cloud deployment creates a stable, flexible, scalable, and secure infrastructure, which is expected to boost learning management system market growth.
Global Learning Management Systems Market By Deployment Model, 2021 (%), 2023 (%)
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Global Learning Management Systems Market Regional Insights
In 2022, North America is expected to dominate the learning management systems market because of the growing ed-tech activities in the region. There are many colleges and universities in the United States. This factor would provide players with a huge opportunity to expand their businesses in this country. According to the EdSurge ed-tech funding database, in 130 deals in 2020, education technology startups in the United States invested USD 2.2 million in venture and private equity funding. The investment is roughly 30% higher than the previous year, USD 1.7 million was invested in year 2019. As a result, North America is a significant contributor to Learning Management Systems Market expansion.
Similarly, the use of open-source learning management systems (LMS) has grown in Europe. According to Brighteye Advisors' European Ed-Tech Funding Report, 2021, EdTech funding in Europe increased to USD 711 million in 2020, up from USD 651 million in 2019. The demand for online learning is growing in Europe's educational and corporate sectors.
Over the forecast period, Asia Pacific is expected to have the fastest growth. China, Australia, India, Japan, Malaysia, Singapore, and other Asian Pacific developing economies are making an investment into platforms that promote online education, training, and courses. For instance, Chinese e-learning leaders such as TAL Education Group and GSX Techedu raised approximately USD 3.2 million in February 2020 to promote e-learning technology across the country. Similarly, Australia's ed-tech industry is the country's second-largest start-up community, and it is creating significant Learning Management Systems Market opportunities. As a result, the market in Asia Pacific is expected to grow rapidly.
Global Learning Management Systems Market By Geography, 2021-2028, 2024-2031
- Largest
- Fastest
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Global Learning Management Systems Market Dynamics
Learning Management Systems Market Driver
- The rise of 5G technology has resulted in significant changes in the cloud computing world. 5G's low latency connectivity allows for smoother communications and faster data transfers. 5G speeds up access to video analytics and artificial intelligence, making cities safer. This enables city managers, building owners, and facility managers to make more informed decisions and provide better public services. These factors are creating a lucrative growth opportunity for the global learning management market over the forecast period.
- To gain a competitive advantage, institutions are increasingly using online interactive learning methods. With increased internet penetration and cloud adoption, the learning management model provides user-friendly content creation and distribution solutions for websites, mobile devices, and social platforms. The platform also aids in the administration, reporting, tracking, and automation of online learning courses. As a result, many educational institutions are shifting to interactive online learning methods. These factors are expected to create growth opportunities for the global learning management market over the forecast period.
Learning Management Systems Market Restraint
- LMS vendors are constantly trying to implement modern technologies to improve their offerings as the adoption of LMS solutions expands. With more visuals and less text, more engaging themes and expressions, an emphasis on virtual immersive learning, and, eventually, gamification to captivate e-Learners, LMS solutions help educators adapt to reducing attention spans. Artificial Intelligence (AI) can be used to create an AI-based mentor who can assist students in understanding concepts, recommending courses, and providing feedback to help them improve their grades. Other technologies, such as data analysis, analyze students' thought processes and learning styles based on their daily interactions, allowing them to provide tailored courses and a personalized learning experience for them.
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Global Learning Management Systems Market Competitive Landscape
Key players are concentrating on the continuous development of their product portfolios through the use of advanced technologies. They are expanding their product portfolios to meet the demand for industry-specific and custom offerings. For instance, In May 2022, Class Technologies Inc. acquired Blackboard Inc., a well-known EdTech company that serves higher education, government clients, and businesses. With this acquisition, the company hopes to focus on providing creative resources to a variety of businesses while also accelerating innovation in its flagship learning management system. Similarly, strategic alliances, acquisitions, and collaborations would assist key players in increasing their Learning Management Systems Market share.
Learning Management Systems Market Top Players Company Profiles
- Cornerstone OnDemand, Inc.
- Blackboard Inc.
- SAP SE
- Adobe Inc.
- Docebo Inc.
- Instructure, Inc.
- Moodle Pty Ltd
- Saba Software, Inc.
- D2L Corporation
- IBM Corporation
- Oracle Corporation
- Edmodo
- Schoology
- Absorb LMS
- TalentLMS
- Litmos by SAP
- G-Cube Solutions
- iSpring Solutions Inc.
- UpsideLMS
- Epignosis LLC (eFront)
Learning Management Systems Market Recent Developments
- In April 2022, Brock selected Kitchener-based D2L to provide the next Learning Management System.
- In March 2021, For K-12 districts, Blackboard Inc. launched "Blackboard Unite for K-12," a remote learning solution suite. In the current COVID-19 pandemic situation, the primary objective is to provide educators with a high-quality virtual teaching and learning experience.
- In February 2021, Cornerstone OnDemand, Inc. announced the completion of its acquisition of Saba Software, a global leader in talent experience solutions and Vector Capital portfolio company. Given current Learning Management Systems Market conditions, the total transaction value has been reduced from $1.395 billion at the time of announcement to roughly $1.295 billion at the time of closing.
Global Learning Management Systems Key Market Trends
- Due to the closure of educational institutes and universities around the world, the COVID-19 pandemic has had a positive impact on the learning management systems market, as customers have increased their use and adoption of online and digitalized learning methods. Consumers are increasingly preferring to learn online during the pandemic, which is driving massive growth in learning management systems. Furthermore, educational industries provide customers with learning management system options all over the world, allowing them to continue their educational degrees and improve digitalized learning in the market. As a result, during the global health crisis, this has become one of the major growth factors for the learning management system market.
- With technological advancements and learning modules available on electronic platforms on the internet, the education system around the world has changed. For a better user interface with the learning environment, the Internet and smart devices have an integrated learning management system. Due to the low-cost cloud deployment model, a variety of user types, including academics and businesses, are rapidly adopting LMS, which is expected to drive growth in the coming years.
Global Learning Management Systems Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, the rising number of smartphone users, rising internet penetration, and rising uses of digital media have resulted in a significant increase in online users. This creates a whole new avenue for dynamic e-learning solutions, which will expand the Learning Management Systems market over the forecast period.
The rise of 5G technology has resulted in advanced changes in the cloud computing industry. 5G's low latency connectivity allows for faster data transfers and smoother communications. 5G speeds up access to video analytics and artificial intelligence, making the city a safer place. This allows city managers, building owners, and facility managers to make better decisions and provide better public services. The full transformational potential of 5G is yet to be realized, and this presents a significant growth opportunity for the LMS market.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 21.22 billion |
| Market size value in 2031 | USD 96.89 billion |
| Growth Rate | 16.4% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Learning Management Systems Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Learning Management Systems Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Learning Management Systems Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Learning Management Systems Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Learning Management Systems Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Learning Management Systems Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Learning Management Systems Market Report Snapshots
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