Dublin, April 11, 2023 (GLOBE NEWSWIRE) -- The "Global Learning Management System Market (2023-2028) by Component, Deployment, Function, User Type, Delivery Mode, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Learning Management System Market is estimated to be USD 17.37 Bn in 2023 and is expected to reach USD 35.86 Bn by 2028, growing at a CAGR of 15.6%.
Market Dynamics
Drivers
- Increasing Adoption of Digital Learning along with Use of AI and ML
- Growing Inclination Toward BYOD Policy and Enterprise Mobility
- Extensive Government Initiatives for Growth of LMS
- Increasing Significance of learning in Corporate and Academic Setups
Restraints
- Low Motivation and Engagement to Adopt LMS Solutions
Opportunities
- Increase in Demand for Gamification in LMS to Provide Opportunities for LMS Vendors
- Rise in Cloud Adoption among Organizations and Institutes to Motivate Learners to Adopt Web-Based LMS Solutions
- Rapid Demand for Collaborative Learning in LMS to Provide Opportunities for Trainees
Challenges
- Lack of Technical Support Post-Implementation of LMS
Market Segmentations
The Global Learning Management System Market is segmented based on Component, Deployment, Function, User Type, Delivery Mode, and Geography.
- By Component, the market is classified into Solutions, Services, Consulting Services, Implementation Services, Support Services.
- By Deployment, the market is classified into On-Premises and Cloud.
- By Function, the market is classified into Administration, Content Management, Performance Management.
- By User Type, the market is classified into Academic, K-12, Higher Education, Corporate, Software and Technology, Healthcare, Retail, Banking, Financial Services, & Insurance, Manufacturing, Government and Defense, Telecom, Others.
- By Delivery Mode, the market is classified into Distance Learning, Instructor-Led Training, and Blended Learning.
- By Geography, the market is classified into Americas, Europe, Middle East & Africa, and Asia-Pacific.
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Learning Management System Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses the Global Learning Management System Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Learning Management System Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report..
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including the parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 203 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $17.37 Billion |
| Forecasted Market Value (USD) by 2028 | $35.86 Billion |
| Compound Annual Growth Rate | 15.6% |
| Regions Covered | Global |
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics
5 Market Analysis
6 Global Learning Management System Market, By Component
7 Global Learning Management System Market, By Deployment
8 Global Learning Management System Market, By Function
9 Global Learning Management System Market, By User Type
10 Global Learning Management System Market, By Delivery Mode
11 Americas' Learning Management System Market
12 Europe's Learning Management System Market
13 Middle East and Africa's Learning Management System Market
14 APAC's Learning Management System Market
15 Competitive Landscape
16 Company Profiles
17 Appendix
Companies Mentioned
- Blackboard, Inc.
- Callidus Software, Inc.
- Crossknowledge
- Cypher Learning
- Docebo
- Epignosis LLC (Talentlms)
- Ispring Solutions
- John Wiley & Sons, Inc.
- Jzero Solutions Ltd.
- Lattitude CG
- LOOOP
- Mindscroll LMS
- Oracle Corp.
- Paradiso Solutions
- Pearson
- Saba Software, Inc.
- SAP SE
- Sumtotal Systems, LLC
For more information about this report visit https://www.researchandmarkets.com/r/5iatjk
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