Learning Management System (LMS) Market: Emerging Players with Size and Share, Regional Trends and Strategies Forecast 2021-2024

Learning Management System (LMS)

The “Learning Management System (LMS) Market” Report provides a thorough examination of the market. The Learning Management System (LMS) Market research investigates how firms in the Learning Management System (LMS) Market are reacting to changing market conditions by examining major industry strategies. The report covers current top players are recognised and rated based on their market shares. It also includes data on leading manufacturers, market segmentation by types, applications, and geographic regions. Market capacity, production, consumption, sales, and revenue are all discussed in this Learning Management System (LMS) market report.

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Competitor Analysis:

Learning Management System (LMS) market covers the vision of competitor analysis by product types, market share, applications, sales and revenue. It covers the top key players like –

  • Blackboard, Inc.
  • Cornerstone Ondemand, Inc.
  • DL Corporation
  • IBM Corporation
  • McGraw-Hill Companies
  • Oracle Corporation
  • Pearson PLC
  • SABA Software, Inc.
  • SAP SE
  • Xerox Corporation

    Market Overview:

  • Learning management system market is expected to reach USD 25.4 billion by 2024, at a CAGR of 23.8%.
  • – Adoption of BYOD policies by corporates is driving the market growth. Globally, organizations are opting e-learning services for educating and training their employees owing to the incurring expenses of the traditional teaching methods. The increased compatibility of learning management system with mobile devices and social learning have mandated the corporates to adopt BYOD culture.
  • – As e-learning is evolving, there is a need for skilled workforce to further develop the services and tools. In a report titled ‘The Future of Jobs 2018’, the World Economic Forum (WEF) said around 54 % of the global workforce had to be re-skilled or up-skilled to work in disruptive and digital technologies spawning the virtual world.

    Key Market Trends:

    Distance-Learning to Dominate the Market

    – According to 2019 Online Trends in Education Report, 69% of online students identified employment as their primary goal for entering a program.
    – Colleges are also offering distance learning program to cater to all demographics, irrespective of location. As students with more diverse characteristics enter online programs, schools must provide services that meet a wider variety of student needs.
    – Students prefer distance learning because they can set their pace of study and also it costs less.
    – Flexibility of learning is the major factor which is leading to students and corporates opting for distance education thereby significantly driving the market growth.

    North America to Witness Highest Growth

    – The driving factor for the growth of LMS market in North America is the presence of LMS platform pioneers like Docebo and iSpring, which are successful in offering their services to big and SMEs.
    – The 2017 UNESCO report on mobile learning initiatives and policy implications in America indicated that mobile learning efforts in Canada and the United States are generally school or district led.
    – Samsungs North American Regional Head Office, in collaboration with Discovery Education, an NGO dedicated to coding education, offers an extra-curricular program to fourth and fifth-grade girls. Offering a wide range of hands-on computer programming and electronic training activities, emPOWER Tomorrow helps girls develop an interest in science, technology, and coding.

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    Scope of the Report:

    Online learning management systems are typically used in the business and education sectors, be it distance learning or instructor-lead Partnerships with popular software and messaging platforms are making LMS in the corporate setting more and more common.It simplifies things for both learners and trainers by making it easy to create, deliver, and consume course content.

    Highlighted points of Learning Management System (LMS) Market Report:

    • Varying dynamics of the Learning Management System (LMS) industry.
    • Prospective changes in sales volumes and worldwide share growth in upcoming years
    • Learning Management System (LMS) market report recognizes the key drivers of growth and challenges of the key industry players.
    • Competitors profiles along with product description, overview, and business data.
    • Complete analysis of market risks, opportunities, limitations, and growth of the market.
    • Market driving and restraining factors.
    • Delivers information on the historical and current market size and the future potential of the market.
    • Learning Management System (LMS) market report provides comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of market.

    Key Benefits of this Learning Management System (LMS) Market report:

    • The Learning Management System (LMS) market report provides a comprehensive analysis of the current trends and future estimations in the world mining equipment market to identify the potential investment pockets.
    • The Learning Management System (LMS) market report presents information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
    • Quantitative analysis of the current trends and forecasts to 2024 is provided to showcase the financial competency of the Learning Management System (LMS) market.
    • Porter’s Five Force model of the industry and SWOT analysis illustrate the potency of the buyers & suppliers.
    • Value chain analysis provides a clear understanding of the roles of stakeholders involved.

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    Detailed TOC of Learning Management System (LMS) Market Report:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Adoption of BYOD Policies by Corporates is Driving the Market Growth
    4.4 Market Restraints
    4.4.1 Lack of Skilled Workforce to Further Develop the LMS
    4.5 Industry Attractiveness – Porter’s Five Force Analysis
    4.5.1 Threat of New Entrants
    4.5.2 Bargaining Power of Buyers/Consumers
    4.5.3 Bargaining Power of Suppliers
    4.5.4 Threat of Substitute Products
    4.5.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By User Type
    5.1.1 Academic
    5.1.2 Corporate
    5.2 By Deployment Model
    5.2.1 Cloud-based
    5.2.2 On-Premise
    5.3 By Delivery Mode
    5.3.1 Distance Learning
    5.3.2 Instructor-Led Training
    5.4 By Application
    5.4.1 Administration
    5.4.2 Content Management
    5.4.3 Performance Management
    5.4.4 Others
    5.5 Geography
    5.5.1 North America
    5.5.2 Europe
    5.5.3 Asia-Pacific
    5.5.4 Latin America
    5.5.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Blackboard, Inc.
    6.1.2 Cornerstone Ondemand, Inc.
    6.1.3 D2L Corporation
    6.1.4 IBM Corporation
    6.1.5 McGraw-Hill Companies
    6.1.6 Oracle Corporation
    6.1.7 Pearson PLC
    6.1.8 SABA Software, Inc.
    6.1.9 SAP SE
    6.1.10 Xerox Corporation

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

    Contact Us:

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