Learning Management System (LMS) Market Size and Forecast to 2030 | Key Players – Brightspace, Udemy.com, Pearson PLC, SumTotal Systems LLC, Absorb Software LLC, IBM Corporation, Xerox Corporation, Netdimensions Ltd., Adobe Systems
According
to a new report published by xResearch, titled, “Learning
Management System (LMS) Market 2022- Industry Insights, Trends,
Opportunity & Forecast, 2021–2030,” the global learning management system (LMS)
market size is anticipated to witness exponential growth during the forecast
period i.e.2022-2030.
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The primary factors attributed to the growth of the
learning management system (LMS) market include the rapidly changing business
requirements and economic conditions, the high acceptance and demand for
learning management systems across various end-users, the rising emphasis on
continuous learning practices and productive ways, and the increasing penetration
of smart phones, high-speed internet, and the number of connected devices in
IoT across the globe. Moreover, the growing bring your own device (BYOD) policy
and enterprise mobility among educational institutions and the burgeoning trend
of micro-learning are furthercreating ample growth opportunitiesfor the global
learning management system market.
According
to user type, the corporate segment is predicted to attain the highest growth in
the global LMS market during the forecast period of 2022-2030. The
proliferating usage of LMS solutions and services across several end-user
industries as per their learning requirements is primarily boosting the growth
of this segment.
Geographically,
the North American region commanded the global learning management system
market in 2021, followed by Europe. The region is expected to remain dominant
throughout the forecast period of 2022-2030. However, the Asia-Pacific region
is anticipated to achieve the highest growth inthe global learning management
system market during the forecast period of 2022-2030. Countries such as India,
China, Japan, Australia, and South Koreaare among the key contributors to the
learning management system market in the Asia Pacific.
Some
of the major learning management system (LMS) companies profiled in the report
include Brightspace, Udemy.com, Pearson PLC, SumTotal Systems LLC, Absorb
Software LLC, IBM Corporation, Xerox Corporation, Netdimensions Ltd., Adobe
Systems, CrossKnowledge, other players.
The
global learning management system (LMS) market is segmented into product
offering, delivery mode, deployment mode, user type, and region. Based on
product offering, the market is bifurcated into solutions and services. The
solutions segment is further classified into content management, performance
management, and administration.
The
services segment is further classified into training and support,
implementation, strategy & consulting, and design & development. Based
on delivery mode, it is classified into distance learning, instructor led
training, and blended training. Based on deployment mode, it is classified into
cloud and on-premises. Based on user type, it is classified into academic and
corporate. The academic segment is further classified into K-12 and higher
education. Based on corporate, it is further classified into software &
technology, healthcare, retail, BFSI, manufacturing, government & defense,
telecom, energy & utilities, transportation & logistics, travel &
hospitality, and others.
The
global learning management system (LMS) market is analyzed across North America
(U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain,
Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea,
Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin
America (Brazil, Mexico, and the Rest of Latin America) and Middle East &
Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa,
South Africa, and Rest of Middle East & Africa).
Key
Insights of Learning Management System (LMS) Market
·
On the basis of user type, the corporate segment is predicted to attain the highest
growth in the global LMS market during the forecast period of 2022-2030
·
On the basis of
region, North America commanded the global learning management system market in
2021, followed by Europe. The region is expected to remain dominant throughout
the forecast period of 2022-2030.
·
On the basis of
region, the Asia-Pacific region is anticipated to achieve the highest growth in
the global learning management system market during the forecast period of 2022-2030.
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following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.
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