Dublin, Sept. 02, 2022 (GLOBE NEWSWIRE) -- The "Learning Management System (LMS) Global Market Report 2022: By Component, Delivery Mode, Deployment Mode, End User, and Covering" report has been added to ResearchAndMarkets.com's offering.
The global learning management system (LMS) market is expected to grow from $13.46 billion in 2021 to $15.77 billion in 2022 at a compound annual growth rate (CAGR) of 17.1%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic. The market is expected to reach $29.35 billion in 2026 at a CAGR of 16.8%.
The main types of components in learning management system (LMS) are solutions and services. Learning management system (LMS) services include strategy development, design, development, and support, which are enabled and used as needed by the LMS. The different delivery modes include distance learning, instructure LED training, blended training and is deployed in various modes such as cloud, on-premises. It is implemented in several verticals such as academic and corporate.
North America was the largest region in the learning management system market in 2021. Asia Pacific is expected to be fastest growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The use of artificial intelligence is a key trend gaining the popularity in the learning management system (LMS) market. Artificial intelligence provides various advantages to the various learning management systems by facilitating a forward-thinking approach to the team member learning experience. A specific set of algorithms is used by an AI based learning platform to learn and make predictions on data. For instance, in January 2021, Syndicate Learning Group, an India based software company announced the launch of most advanced Artificial Intelligence driven Learning Management System. This LMS has a capability to replace most Legacy LMS by bringing in technology features.
The increasing adoption of e-learning is expected to drive the growth of learning management system (LMS) market in the coming years. E-learning is a learning approach that is based on formalised instruction but uses digital tools. Due to COVID-19 pandemic, many schools, colleges, and universities were forced to close in order to contain the virus.
As a result, education systems embraced e-learning to assist students study from a distance during the epidemic. For instance, according to the Online Learning Statistics report in 2021, mobile e-learning reached $38 billion in 2020 and e-learning platform has been used by 80% of businesses and 50% of institutional students. Therefore, the increasing adoption of e-learning propels the growth of learning management system (LMS) market.
Scope
Markets Covered:
1) By Component: Solution; Services
2) By Delivery Mode: Distance Learning; Instructure LED Training; Blended Training
3) By Deployment Mode: Cloud; On-Premises
4) By End User: Academic; Corporate
Key Topics Covered:
1. Executive Summary
2. Learning Management System (LMS) Market Characteristics
3. Learning Management System (LMS) Market Trends And Strategies
4. Impact Of COVID-19 On Learning Management System (LMS)
5. Learning Management System (LMS) Market Size And Growth
6. Learning Management System (LMS) Market Segmentation
7. Learning Management System (LMS) Market Regional And Country Analysis
8. Asia-Pacific Learning Management System (LMS) Market
9. China Learning Management System (LMS) Market
10. India Learning Management System (LMS) Market
11. Japan Learning Management System (LMS) Market
12. Australia Learning Management System (LMS) Market
13. Indonesia Learning Management System (LMS) Market
14. South Korea Learning Management System (LMS) Market
15. Western Europe Learning Management System (LMS) Market
16. UK Learning Management System (LMS) Market
17. Germany Learning Management System (LMS) Market
18. France Learning Management System (LMS) Market
19. Eastern Europe Learning Management System (LMS) Market
20. Russia Learning Management System (LMS) Market
21. North America Learning Management System (LMS) Market
22. USA Learning Management System (LMS) Market
23. South America Learning Management System (LMS) Market
24. Brazil Learning Management System (LMS) Market
25. Middle East Learning Management System (LMS) Market
26. Africa Learning Management System (LMS) Market
27. Learning Management System (LMS) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Learning Management System (LMS) Market
29. Learning Management System (LMS) Market Future Outlook and Potential Analysis
30. Appendix
Companies Mentioned
- McGraw Hill Education
- D2L
- SAP SE
- Docebo
- Absorb LMS
- Blackboard Inc.
- Cornerstone OnDemand
- Oracle corporation
- IBM corporation
- Pearson
- PowerSchool
- Epignosis
- Skillsoft
- Aptara Inc.
- Articulate
- Schoology
- Tata Interactive Systems
- Netdimensions Ltd.
- MPS Interactive
- Adobe Inc.
- CrossKnowledge
- SumTotal Systems
- TalentLMS
For more information about this report visit https://www.researchandmarkets.com/r/kqsd1g
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