Learning Management Systems Industry Overview

The global learning management system market size was valued at USD 17.27 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 19.5% from 2023 to 2030. The emergence of several new technologies tailored to the COVID-19 impact has fueled the LMS market growth. Development in multimedia graphics, high-speed telecommunication networks, and affordable digital devices contribute to the increasing adoption of LMS. The market showed positive change amid COVID-19 and is expected to witness massive spending and investments led by enterprises, educational institutions, and governments in the coming years.

Gather more insights about the market drivers, restrains and growth of the Learning Management Systems Market

Strategic alliances with LMS providers are the predominant strategies embraced by the eLearning market players. For instance, in March 2023, Docebo S.p.A., a learning management software company, announced a partnership with ELB Learning, a software company. The partnership will allow for improved learning experiences by integrating both companies' finest solutions and services.

Big data, artificial intelligence (AI), online learning, and mobile learning are vital elements driving market expansion. These new e-learning trends will likely be growing market trends over the forecast period. Across the globe, advanced communication technologies are rapidly altering classroom teaching. Using gamification mechanics in the learning process makes engaging users on a high level easier and enhances retention. The use of badges, quests, and avatars makes users motivated to compete and achieve better results.

Education technologies benefit students and teachers by facilitating interactive and collaborative learning. Currently, the internet is accelerating the adoption of distance learning due to its escalating proliferation across the population. As a result, many companies are expanding their portfolio by acquiring or merging with companies to deliver creative content to expand the market. For instance, in May 2022, Class Technologies Inc. acquired Blackboard Inc., one of the prominent EdTech companies serving higher education, government clients, and businesses. Through this acquisition, the company aims to deliver creative resources to various companies and speed up innovation in its flagship learning management system.

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• The global artificial intelligence market size was estimated at USD 196.63 billion in 2023 and is projected to grow at a CAGR of 36.6% from 2024 to 2030.
• The global big data market size was valued at USD 25.67 billion in 2015 and is expected to witness significant growth over the forecast period. The elevating number of virtual online offices coupled with increasing popularity of social media producing an enormous amount of data is a major factor driving growth.

Learning Management Systems Market Segmentation

Grand View Research has segmented the global learning management system (LMS) market based on component, deployment, enterprise size, delivery mode, end-user, and region:

Learning Management System (LMS) Component Outlook (Revenue, USD Million, 2017 - 2030)

• Solution
• Services

Learning Management System (LMS) Deployment Outlook (Revenue, USD Million, 2017 - 2030)

• Cloud
• On-premise

Learning Management System (LMS) Enterprise Size Outlook (Revenue, USD Million, 2017 - 2030)

• Small & Medium enterprise
• Large enterprise

Learning Management System (LMS) Delivery Mode Outlook (Revenue, USD Million, 2017 - 2030)

• Distance Learning      
• Instructor-led Training
• Blended Learning

Learning Management System (LMS) End-user Outlook (Revenue, USD Million, 2017 - 2030)

• Academic
  1. K-12
  2. Higher Education
• Corporate
  1. Healthcare
  2. Banking, Financial Services, and Insurance (BFSI)
  3. IT and Telecommunication
  4. Retail
  5. Manufacturing
  6. Government & Defense
  7. Others

Learning Management System (LMS) Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  1. U.S.
  2. Canada
• Europe
  1. U.K.
  2. Germany
  3. France
• Asia Pacific
  1. China
  2. Japan
  3. India
  4. South Korea
  5. Australia
• Latin America
  1. Brazil
  2. Mexico
• Middle East & Africa (MEA)
  1. Kingdom of Saudi Arabia
  2. UAE
  3. South Africa

Key Companies profiled:

• Cornerstone
• Blackboard Inc.
• D2L Corporation
• PowerSchool
• Instructure, Inc.
• Adobe
• Oracle
• SAP
• Moodle
• McGraw Hill.
• Xerox Corporation

Key Learning Management Systems Company Insights

Market players will likely focus on developing cloud learning content and finding solutions to enhance cloud learning. LMS providers are observed to actively integrate artificial intelligence, analytics, and machine learning in existing LMS platforms. For instance, in January 2022, Docebo acquired Skillslive, an educational consulting agency that offers companies professional services combined with some latest learning technologies. Through this acquisition, the company aims to contribute to expanding company footprints in Australia and other countries in the Asia Pacific region and provide better service in the area by gathering feedback from the customer base.

Prominent market participants focus on increasing customer experience by delivering goods with multi-utility options that enable customers to study via an internet browser from the cloud. The major companies have adopted strategies to grow in the learning management market. For instance, in January 2023, the Steel Erectors Association of America announced the launch of the SteelPros Training Portal, its new learning management system, solely for its members. Built on Industrial Training International's (ITI's) learning hub platform and developed in collaboration with ITI, SEAA members can easily access custom content for ironworkers and other related training materials.

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