Global learning management system market is expected to reach USD 19.05 billion in 2022, growing at a CAGR of 24% between 2017 and 2022.
The report covers forecast and analysis for the learning management system market on a global and regional level. The study provides historic data of 2016 along with a forecast from 2017 to 2022 based on revenue (USD Billion). The study includes drivers and restraints for the learning management system market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the learning management system market on a global level.
This report offers comprehensive coverage on the global learning management system market along with, market trends, drivers, and restraints of the learning management system market. This report included a detailed competitive scenario and delivery mode portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the learning management system market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared using data sourced from in-house databases, secondary and primary research team of industry experts.
The study provides a decisive view on the learning management system market by segmenting the market based on delivery mode, user type, vertical, application, nd regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2016 to 2022.On the basis of delivery mode, the market is bifurcated into distance learning, instructor-led training, and others. By user type, the learning management system market is divided into academic and corporate. The vertical segment is bifurcated into BFSI, retail, telecom and IT, government and others. Application wise, the learning management system market is segmented into content management, performance management, communication and collaboration, administration and others.The regional segmentation includes the current and forecast demand for North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global learning management system marketBlackboard Inc., ACS Technologies Group, Inc., Oracle Corporation, Cornerstone Ondemand, Inc., IST AB, SAP SE, IBM Corporation, McGraw-Hill Education, Saba Software, Inc., Skillsoft Limited and Upside Learning Solutions Pvt. Ltd., among others.
The report segments of the global learning management system market as follows:
Global Learning Management System Market: Delivery Mode Segment Analysis
Global Learning Management System Market: User Type Segment Analysis
Global Learning Management System Market: Application Segment Analysis
Global Learning Management System Market: Vertical Segment Analysis
Global Learning Management System Market: Regional Segment Analysis
This report is based on in-depth qualitative and quantitative analyses of the global Learning Management System market. Zion Research has collected and analyzed key data belong to the global Learning Management System market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.
The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.
Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Learning Management System across the world has been calculated through primary and secondary research.
Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc.
For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the Learning Management System industry. Primary research makes up the major source of data collection and validation.
We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:
Participants who typically participate in such a process include, but are not limited to:
Key opinion leaders specializing in different areas corresponding to different industry verticals
Secondary research sources that are typically referred to include, but are not limited to:
News articles, press releases and webcasts specific to companies operating in the market
Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Learning Management System market.
Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:
Learning management system (LMS)is a software application for the administration, tracking, documentation, reporting, and delivery of electronic educational technology courses or training programs. Software used in e-Learning programs helps in administration, documentation, and recording. Learning management systems also help to maintain online collaboration over the internet.By learning management solutions, users can access the learning content and administration from remote locations at any time. Learning management system acts as a central hub of learning for distributed learners enabling training and information sharing in the complicated process of imparting knowledge.
The major drivers which are impelling the market growth of learning management systems are increasing adoption of digital learning among corporate and academic sector. Another factor like increased compatibility of mobile devices with learning management system will fuel the market growth. Many organizations are adopting an m-learning (mobile learning) system which allows user learning across multiple contexts such as social media and context interaction through personal electronics devices. However, lack of integration in using LMS functionality is major restraining factor of learning management system market. Nonetheless, technological advancement, continuous innovation in e-learning and delivery methods will propel the growth of learning management system market over the forecast period.
Learning management system market is segmented by delivery mode, user type, vertical, application, and region. By delivery mode the market is segmented into distance learning, instructor- led training and others. User types of learning management systems market are academic and corporate. Corporate segment dominated the learning management system market across the globe due to continuous up gradation of the corporate sector in terms of technology. Replacing conventional system with LMS system to create digital learning such as video-based training and presentation is escalating the market growth of learning management system. By vertical, learning management system is bifurcated into BFSI, healthcare, telecom and IT, retail and others. Application wise the learning management system is segmented into performance management, communication, and collaboration, administration, and others.
North America is leading the learning management system market due to increased emphasis on digitalization in school and cost reduction policy adopted by a business organization to provide training to their employee. Europe and Asia Pacific are also anticipated to show significant growth due to the adoption of e-learning technology.
Major participants in learning management system market are Technologies Group, Inc., Blackboard Inc., Cornerstone Ondemand, Inc., ACS Oracle Corporation, IST AB, SAP SE, IBM Corporation, McGraw-Hill Education, Saba Software, Inc., Skillsoft Limited and Upside Learning Solutions Pvt. Ltd., among others.
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