Learning Management System (LMS) Market Size By Deployment (Cloud-based, On-premise), By Delivery Mode (Distance Learning, Blended Mode, Instructor-led), By End-user (Corporate [SMEs, Large Enterprises], Academic Institutes [K-12, Higher Education, Vocational Training], Government), By Provider (Content, Services), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 – 2028

Industry Trends

Learning Management System (LMS) Market size crossed USD 25 billion in 2021 and is projected to expand at over 26% CAGR from 2022 to 2028. The growing number of students taking admissions in various renowned schools and colleges will fuel the industry growth. Increasing demand for personalized and adaptive microlearning from concise & relevant content is further boosting the market demand.
 

Get more details on this report - Request Free Sample PDF
 

The LMS industry is witnessing demand for cost-effective programs that address the knowledge gap in students. The market is growing because of an increase in government spending on IoT technology. Integrating the existing LMS in an IoT device offers accessibility and mobility. It helps instructors to send/upload information and data that is accessible to the students in any learning platform. Additionally, demand for the video-based learning, gamification, and cloud-deployed/on-premises LMS are spurring the market expansion.
 

The outbreak of COVID-19 has adversely affected the economy in FY2020. The pandemic had a positive impact on the learning management system market as schools, universities, and corporates implemented remote learning practices during the lockdown period. The COVID-19 pandemic has hit the education industry globally as most of the exams were canceled during the final assessments. This led to an increased interest in digital learning solutions including advanced LMS platforms to help students get full access to the study material and interact with teachers through online classes. Several organizations are continuing to adopt the work from home policies to ensure employee safety and are incorporating LMS systems for training their employees remotely.
 

Growing penetration of cloud based LMS in the U.S.

The U.S. cloud LMS market is poised to grow at around 20% gains through 2027 owing to its features such scalability, security, and streamlines in training. Cloud-based LMS has a minimum complex and time-consuming installation processes that help customers to create a portal, design courses, and manage enrollments. Leading cloud service providers including Amazon Web Services (AWS), Microsoft Azure, and Google Cloud have a strong presence in the U.S., aiding the market growth.
 

Organizations are adopting cloud based LMS instead of forcing rapid & expensive upgrades of their existing IT infrastructure, thus reducing significant costs. The benefits offered by cloud based LMS include automatic upgrades & updates, quick deployment capabilities, and enhanced data security that aid market expansion.

Exponential rise in courses offered for a blended mode of learning in Germany

Get more details on this report - Request Free Sample PDF
 

The Germany blended mode learning management system market is projected to register growth rate of nearly 25% till 2028 driven by the growing number of courses with offline access and downloadable content. LMS blended learning offers comprehensive support to classroom learning. It provides the flexibility of online education that enables learners to access high-quality course materials, course calendars, and assignments.
 

Growing government initiatives to increase digitalization in the education sector aid market statistics. For instance, in October 2020, the European Commission renewed the Digital Education Action Plan (2021 - 2027), a regulatory action plan to assist the viable and effective adaptation of EU Member States' training systems and education to the digital age.
 

Growing importance of upgrading the technical skills of federal agencies from government sector

The market is witnessing extensive investments in research-related activities, augmenting the adoption of LMS in the government sector. The growing emphasis on implementing digital technologies and improving the delivery of public administrative services through digitalized networks is also fueling LMS projects in the public sector. The modernizing government sector globally is adopting LMS solutions to enhance the skills of employees and derive a better ROI from training programs, which will boost the learning management system market revenue.

Rising focus of LMS providers on offering customized content according to the end-user requirements

Learning management service providers share materials on various topics by collaborating with e-learning providers and subject experts who help them develop the content. Some of the prominent e-learning market players are undertaking strategic alliances with LMS solution providers to add additional value to the content and provide robust tracking capabilities that are easier to manage & scale.
 

For instance, in June 2020, Udemy partnered with Eightfold AI, a talent intelligence platform, to provide over 700 courses to a talent exchange platform powered by Eightfold AI. To achieve a more personalized learning plan, Learning & Development (L&D) professionals are integrating AI and machine learning into their mobile learning apps. These technologies also enable developers to optimize the course content and reduce the time to market.
 

Increasing adoption of online & mobile educational courses in North America

Get more details on this report - Request Free Sample PDF
 

The North America learning management system market captured around 35% of the revenue share in 2021 propelled by the increasing availability of tailored courses. Students in countries including the U.S. and Canada are choosing LMS courses due to the technically advanced study materials and timely upgrades. Digital technologies in online teaching practices and the emergence of virtual classrooms are driving professionals to opt for LMS solutions.
 

High government support and initiatives for the promotion of digital education are creating several industry development opportunities. Developed network infrastructure in North America supports the acceptance of advanced technologies. The advent of 5G in the U.S. enables learners to stream and download videos seamlessly without buffering time. Furthermore, strong internet connectivity facilitates, and smooth streaming of videos enable enhanced LMS experience.
 

Product innovation to enhance the analysis quality forms a key strategy amongst market players

Companies are focusing on expanding their footprints by introducing new reporting solutions to enhance their product quality. For instance, in October 2021, Absorb LMS Software Inc. announced the availability of Absorb Analyze, a new self-service Business Intelligence (BI) and ad hoc reporting tool. It allows users to create user-friendly dashboards for administrators, giving them quick access to long-term analysis and ad hoc reports. It is beneficial to receive automated alerts to specific report viewers when key benchmarks are attained using the pulse feature. However, L&D professionals can identify and measure training program advancements through this tool.
 

Key LMS market participants include 360Learning, Absorb LMS Software Inc., Adobe LMS, Articulate Global, LLC, Blackboard Inc., Braincert, Bridge LMS, Canvas LMS, Coassemble, CoreAchieve, D2L, Docebo, Edmodo, eFront, Goskills Ltd., IBM Corporation, iSpring Solutions Inc., Learnupon, Mindflash, Moodle, Oracle Corporation, SAP Litmos, Schoology, Skillcast Group plc, SkyPrep, Talent cards, and Talent LMS.
 

This learning management system (LMS) market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2028 for the following segments:

Market, By Deployment

• Cloud-based
• On-premise

Market, By Delivery Mode

• Distance learning
• Blended mode
• Instructor-led

Market, By End-User

• Corporates
  • SMEs
  • Large enterprises
• Academic institutes
  • K-12 students
  • Higher education
  • Vocational training
• Government

Market, By Provider

• Content
• Services

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Singapore
  • Australia
• Latin America
  • Brazil
  • Mexico
  • Argentina
• MEA
  • GCC
  • South Africa