Learning Management System Market is estimated to be US$ 56.02 billion by 2030 with a CAGR of 16.50% during the forecast period
Learning
Management System Market accounted for US$ 12.3 billion in 2020 and is
estimated to be US$ 56.02 billion by 2030 and is anticipated to register a CAGR
of 16.5%. To maintain trainees as the focus, LMS allows you to customise
information based on the target audience's chosen learning style. Teacher-led
learning is a type of learning in which one person (the instructor) takes the
lead in the process by offering directions to the other students. It can take
place in a classroom or in workshops. Conducting instructor-led training
sessions in physical classrooms or workshops is rather costly, and the number
of people who may benefit from the process is limited.
The report " Global Learning Management System Market, By
End-User (Higher Education, K-12, Corporate, Government & Defense,
Vocational), By Deployment Model (Cloud-based, On-premise), By Delivery Mode
(Distance Learning, Instructor-Led Training, Blended Learning), By Application
(Administration, Content Management, Performance Management, Others) and By
Region (North America, Europe, Asia Pacific, Latin America, Middle East, and
Africa) - Trends, Analysis and Forecast till 2030’’
Key Highlights:
·
Cornerstone
purchased Saba, a global provider of talent experience solutions, in April
2020. Cornerstone will be able to expedite innovation and support a wider, more
diverse range of clients as a result of this acquisition.
·
Blackboard
Unite for K-12, a new remote learning solution, will be available in April
2020. It's a comprehensive set of tools and resources that will equip K-12
districts with the resources and best practises they'll need to make the switch
to a virtual learning paradigm.
·
On COVID-19, D2L
teamed up with Bayfield Design, an online content development and creative
services firm, in March 2020. The organisations will collaborate to provide a
free online course on COVID-19 as part of this agreement. This course will
assist learners and instructors in comprehending the worldwide pandemic, its
hazards, and how to manage it successfully.
Analyst View:
Growing adoption of digital learning, increasing
inclination toward Bring Your Own Device (BYOD) policy and enterprise mobility,
extensive government initiatives for the growth of LMS, and growing use of
Artificial Intelligence (AI) and Machine Learning (ML) in LMS are increasing
the importance of eLearning in corporate and academic settings are the major
growth drivers for the market. Organizational poor motivation and involvement,
on the other hand, may stifle market growth.
Browse 60 market data tables*
and 35 figures* through 140 slides and in-depth TOC on “Global
Learning Management System Market, By End-User (Higher Education, K-12,
Corporate, Government & Defense, Vocational), By Deployment Model
(Cloud-based, On-premise), By Delivery Mode (Distance Learning, Instructor-Led
Training, Blended Learning), By Application (Administration, Content
Management, Performance Management, Others) and By Region (North America,
Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends,
Analysis and Forecast till 2030’’
To know the upcoming trends and insights
prevalent in this market, click the link below:
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Key Market Insights from the report:
Global Learning Management System Market accounted for US$ 12.3
billion in 2020 and is estimated to be US$ 56.02 billion by 2030 and is
anticipated to register a CAGR of 16.5%. Global
learning management system market has been segmented on the basis of end-user,
deployment model, delivery mode, application, and region.
·
Based on
Deployment Model, Global Learning Management System Market is segmented into
Cloud-based, On-premise.
·
Based on
End-User, Global Learning Management System Market is segmented into Higher
Education, K-12, Corporate, Government & Defense, Vocational.
·
Based on
Delivery Mode, Global Learning Management System Market is segmented into
Distance Learning, Instructor-Led Training, Blended Learning.
·
Based on
Application, Global Learning Management System Market is segmented into
Administration, Content Management, Performance Management, Others.
·
By Region, the
Global Learning Management System Market is segmented into North America,
Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of
Global Learning Management System Market:
Key players operating in the global learning
management system market include IBM Corporation, Blackboard Inc., British
Council, Oracle Corporation, Pearson PLC, Docebo S.p.A, McGraw-Hill Education,
Inc., Aptara, Edmodo, Skillsoft, and Paradiso Solutions.
The market provides detailed information
regarding the industrial base, productivity, strengths, manufacturers, and
recent trends which will help companies enlarge the businesses and promote
financial growth. Furthermore, the report exhibits dynamic factors including
segments, sub-segments, regional marketplaces, competition, dominant key players,
and market forecasts. In addition, the market includes recent collaborations,
mergers, acquisitions, and partnerships along with regulatory frameworks across
different regions impacting the market trajectory. Recent technological
advances and innovations influencing the global market are included in the
report.
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Some Important Points Answered in this Market
Report Are Given Below:
·
Explains an
overview of the product portfolio, including product development, planning, and
positioning
·
Explains
details about key operational strategies with a focus on R&D strategies,
corporate structure, localization strategies, production capabilities, and
financial performance of various companies.
·
Detailed
analysis of the market revenue over the forecasted period.
·
Examining
various outlooks of the market with the help of Porter’s five forces analysis,
PEST & SWOT Analysis.
·
Study on the
segments that are anticipated to dominate the market.
·
Study on the
regional analysis that is expected to register the highest growth over the
forecast period
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