Learning Management System (LMS) Market By Component [Solution, (Services {Professional Services, {Consulting, Implementation, Support & Maintenance}, Managed Services)], By Learning Mode (Distance Learning, Instructor Led Learning, Blended Learning), By Deployment (On-Premise, Cloud), By User Type (Academic {Higher Education, K-12}, Corporate {Healthcare, Software and Technology, Retail, Manufacturing, BFSI, Telecom, Government and Defense, Others}), By Region (North America, Europe, Asia Pacific, Middle East and Africa, South America) – Market Size & Forecasting to 2030

The Global Learning Management System Market was valued USD 15,292.0 Million in 2021 and is anticipated exhibit a CAGR of 14.7% over the forecast period. Learning management system is basically a programming application, which provides e-learning. The popularity of e-learning has grown rapidly, and it is expected to develop further with innovation in the IT industry.

The educational institutions are actively adopting online interactive learning methods to gain a competitive edge. With the increasing use of internet and cloud adoption, the learning management model provides use friendly solution to content creation/management and distribution across websites, social platforms, and mobiles. The platform allows the admin to track, prepare report and to automate the entire process of online learning courses. Many education organizations have started to shift towards interactive online learning methods. The acceptance of the online mode of learning is increasing rapidly in the education industry. Hence, the increasing popularity of e-learning for higher educational purposes is anticipated to drive the growth of learning management system market.

In the last few years, the corporate world is witnessing a change in the employee training approach with the arrival of millennials employees. This has made a remarkable shift in terms of training as well as learning. The learning management system offers superior knowledge to improve skills to the workforce, which is driving the growth of the market. As the platform is offering flexibility to access learning or training anytime, it has become one of the easiest learning tools across the corporate sector.

The onset of COVID 19 pandemic has resulted into the temporary closure of schools and other educational institutions. According to the World Economic Forum media update from April 2020, around 1.2 billion students across 186 countries were severely affected by the closure of the schools due to the COVID 19 pandemic. The crisis situation has changed the education and corporate ecosystem dramatically with increasing demand for online learning platforms. The strict lockdowns have forced the trainers, employees, and students to opt for online learning solutions.

A learning management system acts as supporting tool for the educators, teachers, and student during the learning session. It works as a supplement to deliver and record the content. Many institutions are using these tools for instruction delivery in the traditional classroom. Learning management system is being used for improving the overall learning experience, which is also driving the growth of the market.

TABLE 1: GLOBAL LEARNING MANAGEMENT SYSTEM MARKET OVERALL SNAPSHOT

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Segmentation 

Global Learning Management System Market, By Component Analysis

The component segment is categorized into two different segments, which include services and solution. The solution segment has seen profitable growth with largest market share in terms of revenue. The growth is due to the increasing demand for e-learning solutions, which caters to various needs in corporate as well as academic institutes.

Global Learning Management System Market, By Learning Mode Analysis

Based on learning mode analysis, the global learning management system market is segmented into distance learning, instructor-led training, and blended learning. The instructor-led training segment has witnessed the fastest market growth as it offers the option to customize the content according the targeted audience’s preferred learning style to keep training as the priority. This can also be conducted in the classroom setting or workshops.

Global Learning Management System Market, By Deployment Analysis

Based on the deployment analysis, the global learning management system market is segmented into cloud and on-premises. The cloud segment was attributed to be the segment with the largest market share. The growth of the segment is due to its strong in-house safety as well as security capacities. The small educational institutes and organizations are opting towards the cloud based deployment because of its flexible pricing options. The cloud based technology is easy to use. Cloud based deployment learning models are creating flexible, scalable, robust, and secure infrastructure, which is expected to upsurge the overall growth of the market.

Global Learning Management System Market, By User Type Analysis

Based on user type analysis, the market is segmented into academic and corporate. The academic segment is holding the largest market share over the forecast period owing its increasing need of effective learning tools for providing training to the students. Increasing demand for e-learning due to COVID-19, growing digital infrastructure, and increasing internet access around the world is driving the growth of the segment.

Global Learning Management System Market, By Region Analysis

North America has emerged as the leading market share in the global market. The growth of the region is on account of increasing EdTech activities across various countries in this region. The U.S. has many universities and colleges, which has created many opportunities for the market players. The increasing use of handheld devices like mobile phones and tablets is also enhancing the market growth. Furthermore, the growth rate of North America is comparatively higher than the other regions because the organizations in this region are keen to implement learning management system solutions.

Asia Pacific on the other hand is expected to become the fastest growing market. The developing countries like India, China, Japan, Malaysia, Australia, Singapore, and other developing nations in this region are mainly focusing to invest in e-learning platforms for promoting online learning, courses and training.

TABLE 2: GLOBAL LEARNING MANAGEMENT SYSTEM MARKET OVERVIEW

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FIGURE 1: GLOBAL LEARNING MANAGEMENT SYSTEM MARKET (USD MILLION), 2021-2030

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Major Tactics of Key Players in the Global Learning Management System Market

  • March 2021: Blackboard (U.S.), a company, launched its remote learning solution suite named Blackboard United for K-12 for K-12 districts, which aims to provide quality virtual teaching as well as learning experience.
  • March 2020 – D2L Corporation (Canada) collaborated with Bayfield Design (Canada), which is an online content development creative services providing company. This collaboration will help the company to provide online course on pandemic at no cost. It will help the educators and learners to under the global pandemic, its risks and how to manage it effectively.
  • February 2020 – Saba Software Inc. (U.S.) a company was providing LMS solutions, was acquired by another company Cornerstone (U.S.). This acquisition helped the later company to expand its product portfolio.

Major Companies: In this report, the major companies studied are Blackboard (U.S.), Cornerstone (U.S.), D2L Corporation. (Canada), CrossKnowledge – a brand of John Wiley & Sons, Inc. (U.S.), Adobe (U.S.), Oracle (U.S.), Docebo (Canada), SAP SE (Germany), PowerSchool (U.S.), Epignosis (U.S.), IBM (U.S.), Pearson (U.K.), Sumtotal Systems, LLC (U.S.), McGraw Hill (U.S.), Absorb LMS Software Inc. (Canada), G-Cube (India), iSpring Solutions Inc. (U.S.), Latitude CG, LLC (U.S.), Paradiso Solutions (India), and UpsideLMS HR Tech Pvt. Ltd. (India).

Market Segmentation

By Component

  • Solution
  • Services
    • Professional Services
      • Consulting
      • Implementation
      • Support & Maintenance
    • Managed Services

By Learning Mode

  • Distance Learning
  • Instructor-led learning
  • Blended Learning

By Deployment

  • On-Premise
  • Cloud

By User Type

  • Academic
    • K-12
    • Higher Education
  • Corporate
    • Software and Technology
    • Healthcare
    • Retail
    • Banking, Financial Services and Insurance
    • Manufacturing
    • Government and Defense
    • Telecom
    • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

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