Learning Management System (LMS) Market Size to Grow by USD 44978.02 Million From 2022 to 2027: A Descriptive Analysis

NEW YORK, Nov. 28, 2022 /PRNewswire/ — Technavio categorizes the global learning management system (LMS) market as a part of the education services market, the parent market. The consumer electronics market covers products, services, and solutions that are offered to educational institutions, corporate institutions, students, parents, individuals, and teachers. The global learning management system (LMS) market size is estimated to increase by USD 44978.02 million from 2022 to 2027. The market’s growth momentum will accelerate at a CAGR of 20.85%.

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Global Learning Management System (LMS) Market – Customer Landscape

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Global Learning Management System (LMS) Market – Vendor Analysis

Vendor Landscape – The global learning management system (LMS) market is fragmented, with the presence of many local and international players. The majority of the vendors in the market are based in North America and Europe. Most of the vendors operating have a strong geographical presence, cater to multiple end-user segments, and provide differentiated features in their product offerings. The vendors are also diversifying portfolios by developing software solutions that can be accessed on-premises or on cloud.

However, vendors are facing stiff competition from open-source LMS solutions such as Moodle. Open-source LMS is increasingly being adopted in various parts of Europe and in certain parts of North America and APAC, especially in the academic sector. Apart from this, the advent of alternative solutions such as Nextgen LMS and AI have compelled vendors to up their game and provide additional features with LMS software or else get substituted. Hence, the competition among the vendors is expected to be moderate during the forecast period.

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Vendor Offerings –

• Adrenalin eSystems Ltd.: The company offers learning management systems such as Adrenalin Learning Management System.

• Blackboard Inc.: The company offers learning management systems such as Blackboard Learn.

• Classe365: The company offers learning management systems such as Classe365 LMS.

• Clearlake Capital Group L.P.: The company offers learning management systems such as Cornerstone LMS software.

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Global Learning management system (LMS) Market – Segmentation Assessment

Geography Overview

By geography, the global learning management system (LMS) market is segmented into APAC, North America, Europe, Middle East and Africa, and South America. The report provides actionable insights and an accurate estimation of the contribution of all regions to the growth of the global learning management system (LMS) market.

• North America held a 34% share of the global learning management system market in 2022. The increasing popularity of continuous learning is encouraging schools and institutions to invest in modern technologies that can be used to provide students with a unique learning experience and enable educators to deliver and access content from anywhere at any given point in time. Also, the increased popularity and growing awareness of eLearning have increased the scope for growth in the learning management system market in North America.

Segment Overview

By end-user, the global learning management system (LMS) market is segmented into academic and corporate.

• The market share growth of the academic segment will be higher than the other segments during the forecast period. The segment is driven by the rising popularity of online learning and the increase in the number of universities providing online learning. Further, the growing prominence of m-learning as a mode of teaching in schools and colleges has been fostering the growth of the segment.

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Global Learning Management System (LMS) Market – Market Dynamics

• Impactful Driver – The adoption of NGDLE in the academic sector is driving the growth of the market. Educational institutions and corporate organizations are increasingly opting for a next-generation digital learning environment (NGDLE) to develop effective learning programs that ensure high efficiency in executing tasks and better retention rates of employees. LMS is part of NGDLEs, which not only provides a centralized learning environment but also helps support the pedagogical model of teaching in schools, colleges, and corporates. Thus, the increasing adoption of NGLDE will drive the growth of the global learning management system market during the forecast period.

• Key Trend – The increasing popularity of cloud-based LMS is the key trend in the market. With the advent of technologies, organizations are increasingly embracing cloud-based solutions. To cater to this growing interest, vendors are switching to cloud-based LMS. These solutions eliminate the need for servers on the organization’s premises. They are available on a subscription basis and the implementation cost is very less when compared with traditional LMS. Many such benefits associated with the adoption of cloud-based LMS will have a positive impact on the growth of the market in focus.

• Major Challenge – An increase in the number of open-source LMS is the major challenge in the market. The adoption of open-source LMS is increasing in the academic sector, especially in the higher education sector. Their increased adoption has resulted in an influx of LMS providers offering open-source platforms for end-users. Besides, open-source LMS solutions do not fall under restrictive copyright laws, which deduct the licensing fee from the cost of ownership. All these factors are reducing the growth potential in the market.

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What are the key data covered in this learning management system (LMS) market report?

• CAGR of the market during the forecast period

• Detailed information on factors that will drive the growth of the learning management system (LMS) market between 2023 and 2027

• Precise estimation of the size of the learning management system (LMS) market and its contribution to the parent market

• Accurate predictions about upcoming trends and changes in consumer behavior

• Growth of the learning management system (LMS) market industry across APAC, North America, Europe, Middle East and Africa, and South America

• Thorough analysis of the market’s competitive landscape and detailed information about vendors

• Comprehensive analysis of factors that will challenge the growth of learning management system (LMS) market vendors

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Related Reports:

• The next gen learning management system (LMS) market for higher education share is expected to increase by USD 4.05 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 30%. The market is segmented by application (blended learning, content management, CBE, and learning analytics) and geography (North America, Europe, APAC, South America, and MEA).

• The predicted growth of the e-learning market share from 2021 to 2026 is USD 1.72 trillion at a progressing CAGR of 16.35%. The market is segmented by end-user (higher education, corporate, and K-12) and geography (North America, Europe, APAC, South America, and MEA).

Table of contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by End-user

7 Market Segmentation by Deployment

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

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