A learning management system is a software application for managing, documenting, tracking, reporting, automating, and delivering educational courses, training programs, materials, or learning and development programs. The concept of learning management systems arose directly from e-learning.
The Learning Management System Market is expected to grow at a steady rate of around 10% owing to the need for efficient and accessible learning, efficient management of learning content, and the growing adoption of cloud-based learning management system solutions. Furthermore, factors such as the rising demand for smart and interactive learning platforms, such as e-learning, open online courses, mobile education, and online tutorials are also fueling the growth of the learning management system market. For instance, according to The World Economic Forum, in 2021, the online learning platform “Coursera” recorded 20 million new student registrations. People are increasingly accessing online courses to help them navigate today’s ever-changing labor market, they added.
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According to UnivDatos Market Insights (UMI)’ research report “Global Learning Management System Market”, the market is expected to witness robust growth during the forecast period (2022-2028). the rising demand for smart and interactive learning platforms, such as e-learning, open online courses, mobile education, and online tutorials are also fueling the growth of the learning management system market.
Based on component, the market is classified into solutions and services. Among these two, the solutions segment is expected to witness a robust CAGR during the forecast period owing to the increasing demand for e-learning solutions catering to different needs in corporate and academic institutes. Moreover, a learning management system solution makes it easy to incorporate quizzes, situational scenarios, and other interactive elements into the training.
Based on user-type, the market is bifurcated into academic and corporate. The growing need for effective learning tools for training students is helping the academic segment to grow, making it a quickly growing segment. The learning management system helps academic institutions maintain the integrity of their educational programs, enabling educators to effectively and efficiently develop courses, conduct instruction, facilitate communication, facilitate collaboration, and assess students.
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Asia-Pacific to witness robust CAGR
Asia-Pacific is expected to grow at a strong growth rate during the forecast period. The government initiatives to promote digital infrastructure are responsible for promoting the adoption of learning management system solutions in the region. Countries in APAC are considerably contributing toward the growth of the market, owing to the rapid adoption of various learning management system solutions by enterprises in the region. Furthermore, the region has the highest number of students, and as technology advances, the demand for e-learning and distance learning is increasing. This will make the learning management system market meet the diverse educational needs of different countries in the APAC region, such as Australia and New Zealand (ANZ), Japan, China, Singapore, and India.
According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Learning Management System market are SITA, International Business Machines Corporation, Amadeus IT Group S.A., Sabre GLBL Inc., Orane Consulting Pvt. Ltd., Damarel Systems International Ltd., Airport Information Systems Limited, Wipro Limited, Laminar Aviation Pte. Ltd., and QlikTech International AB.
“Global Learning Management System Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.
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Market Segmentation:
- By Component (Solutions and Services)
- By Deployment (On-Premises and Cloud)
- By User-Type (Academic and Corporate)
- By Region (North America, Europe, Asia-Pacific, Rest of the World)
- By Company (Cornerstone OnDemand Inc., International Business Machines Corporation, Blackboard Inc., SAP SE, Powerschool Holdings Inc., Oracle Corporation, Instructure, Inc., Infor Global Solutions, Adobe Inc., and Docebo S.p.A.)
Key questions answered in the study:
- What are the current and future trends of the global learning management system industry?
- How the industry has been evolving in terms of component, deployment, and user-type?
- How the competition has been shaping across the countries followed by their comparative factorial indexing?
- What are the key growth drivers and challenges for the global learning management system industry?
- What is the customer orientation, purchase behavior, and expectations from the global learning management system suppliers across various region and countries?
Table of Content –
1 MARKET INTRODUCTION
2 RESEARCH METHODOLOGY OR ASSUMPTION
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 GLOBAL LEARNING MANAGEMENT SYSTEM MARKET COVID-19 IMPACT
6 GLOBAL LEARNING MANAGEMENT SYSTEM MARKET REVENUE (USD BN), 2020-2028F
7 MARKET INSIGHTS BY COMPONENT
8 MARKET INSIGHTS BY DEPLOYMENT
9 MARKET INSIGHTS BY USER-TYPE
10 MARKET INSIGHTS BY REGION
11 LEARNING MANAGEMENT SYSTEM MARKET DYNAMICS
12 LEARNING MANAGEMENT SYSTEM MARKET OPPORTUNITIES
13 LEARNING MANAGEMENT SYSTEM MARKET TRENDS
14 DEMAND AND SUPPLY-SIDE ANALYSIS
15 VALUE CHAIN ANALYSIS
16 COMPETITIVE SCENARIO
17 COMPANY PROFILED
18 DISCLAIMER
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