Learning Management System (LMS) Market To Reach USD 36,872.6 Million By 2026| Key Players: SABA Software, Inc., SAP SE, Xerox Corporation, Adobe Inc., Pearson PLC , and Others

April 23 22:00 2021
Learning Management System (LMS) Market To Reach USD 36,872.6 Million By 2026| Key Players: SABA Software, Inc., SAP SE, Xerox Corporation, Adobe Inc., Pearson PLC , and Others

Reports And Data
Growing adoption for digital learning solutions, increasing enterprise mobility and BYOD, and government regulations and initiatives promoting the growth of LMS, research, and constant innovation are some of the factors driving the LMS market. Learning Management System (LMS) Market – USD 8,988.1 Million in 2018, Market Growth – CAGR of 20.3%, Market Trends – Proliferation of AL and ML in the eLearning industry to propel the LMS market

According to the current analysis of Reports and Data, the LMS market was valued at USD 8,988.1 Million in 2018 and is expected to reach USD 36,872.6 Million by the year 2026, at a CAGR of 20.3%.  LMS market research study offers an all-inclusive analysis of the revenue generated by the LMS vendors locally and globally. It includes the analysis of key strategies, business models, geographic presence, market dynamics, industry outlook, competitive landscape, and LMS market revenue for all segments. The study provides an overall insight into the factors responsible for the growth in the LMS market. The factors driving the LMS market are the growing adoption for digital learning solutions, increasing enterprise mobility and BYOD, and government regulations and initiatives promoting the growth of LMS.

Owing to rising urbanization and digitalization across the world, the academic end-user sectors is estimated to gain traction in the K-12 and the higher education due to the need for managing the existing conventional education to cater the growing learner population, which is expected to supplement the growth of LMS market. An increasing number of key players are partnering up with the major core companies in the above sectors to provide superior and more efficient customer engagement to help them grow their business as well as redefine experiences for the learners. The telecom and IT corporate end-user is estimated to hold the largest market size in 2018. Business in the IT software and technology industry face the need of training their resources due to the highly competitive nature and ever changing technology in the IT industry to maintain a competitive edge over the competitors. The LMS market presents several opportunities for the vendors due increasing number of online digital transactions, increasing standards of living in developing countries. The growth of LMS market is expected to be restrained due to over dependency on traditional learning solutions and the reluctance to adopt new technology and the lack of skilled workforce, instructors, and trainers.

It is anticipated that extensive research and development funded by various companies, along with the enhancements of the cloud computing services would help in overcoming this challenge and convert it into an opportunity for the LMS market to thrive upon. Availability of centralized eLearning content, 24×7 accesses to learning content, tracking of user performance and learner progress, low learning costs, compliance management for enterprises, integrations with social media for better interaction, and scalable and updated learning course structures for the learners are some of the key benefits offered by the LMS solutions. The ecosystem of the LMS market comprises of several small and large enterprises. These players are developing in house solutions by spending a larger share of revenue in the innovation of the products.

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 Further key findings from the report suggest

  • The LMS market is growing at a CAGR of 3% in Asia Pacific due to the rapid industrialization, urbanization, and digitalization of the developing countries and the increased use of digital learning in developing countries such as India, China, and Singapore.
  • Global modernization and emergence of technologies like the AI and ML, IoT, has increased the use of electronic devices like smartphones, tablets, and laptops in the education and eLearning industry which is expected to increase the use of LMS and expand its market size.
  • Governments and the regulatory bodies are implementing various regulations and compliances to enable basic education for all. This has encouraged the institutions and various bodies to implement LMS for better utilization of the infrastructure and resources. It is expected this factor would help the LMS market grow.
  • The cloud deployment model is expected to dominate the LMS market owing to its low-cost implementation and flexible subscription models suitable for the end-users.
  • The K-12 academic end-user is estimated to hold the larger market share in the academic LMS due to the increasing use of handheld devices and digitalization of the learning industry
  • The telecom and IT is estimated to be the fastest growing segment in the corporate end-user due to the increasing use of LMS solutions for training and learning of the resources to keep them technologically updated.
  • The vendors in the market have adopted various strategies to increase the product ecosystem and gain a competitive edge over its competitors. For instance, PowerSchool acquisition of Schoology, a leading K-12 learning management system to develop an all-inclusive unified classroom solution for the K-12 education industry
  • Key participants include Blackboard, Inc., Cornerstone Ondemand, Inc., D2L Corporation, IBM Corporation, McGraw-Hill Companies, Oracle Corporation, Pearson PLC, SABA Software, Inc., SAP SE, Xerox Corporation, Adobe Inc., Pearson PLC , and Instructure, Inc.

Component type (Revenue in USD Million; 2016–2026)

  • Solution
  • Services
    • Professional Services
      • System Integration and deployment
      • Technical Support
    • Managed

Delivery Mode (Revenue in USD Million; 2016–2026)

  • Distance Learning
  • Instructor Led Training
  • Blended Learning

Deployment type (Revenue in USD Million; 2016–2026)

  • Cloud
  • On-premise

End-User (Revenue in USD Million; 2016–2026)

  • Academic
    • K-12
    • Higher Education
  • Corporate
    • Banking, Financial Services, and Insurance
    • Telecom and IT
    • Retail and ecommerce
    • Healthcare
    • Manufacturing
    • Government
    • Others

 Regional Outlook (Revenue in USD Million; 2016–2026)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

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 Table of Content:

Chapter 1. Market Synopsis
    1.1. Market Definition
    1.2. Research Scope & Premise
    1.3. Methodology
    1.4. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
    3.1. Proliferation of AI and ML in the Learning Management System (LMS)
    3.2. Increasing adoption of connected and IoT devices in the eLearning industry
    3.3. Gamification of the learning industry
Chapter 4. Learning Management System (LMS) Market Segmentation & Impact Analysis
    4.1. Industrial Outlook
    4.2. Market indicators analysis
          4.2.1. Market drivers analysis
                   4.2.1.1. Growing adoption for digital learning solutions
                   4.2.1.2. Increasing enterprise mobility and BYOD
                   4.2.1.3. Government regulations and initiatives promoting the growth of LMS
          4.2.2. Market restraints analysis
                   4.2.2.1. Reluctance to adopt new technology and heavy dependency on traditional learning methods
                   4.2.2.2. Lack of skilled workforce, instructors, and trainers
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Competitive Metric Space Analysis
Chapter 5. Learning Management System (LMS) Market By Component Insights & Trends
    5.1. Component Dynamics & Market Share, 2019&2026
    5.2. Solution
          5.2.1. Market estimates and forecast, 2016 – 2026 (USD Million)
          5.2.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Million)
    5.3. Services
          5.3.1. Market estimates and forecast, 2016 – 2026 (USD Million)
          5.3.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Million)
          5.3.3. Professional Services
                   5.3.3.1. Market estimates and forecast, 2016 – 2026 (USD Million)
                   5.3.3.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Million)
                   5.3.3.3. System Integration and deployment
                               5.3.3.3.1. Market estimates and forecast, 2016 – 2026 (USD Million)
                               5.3.3.3.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Million)
                   5.3.3.4. Technical Support
                   5.3.3.5. Market estimates and forecast, 2016 – 2026 (USD Million)
                   5.3.3.6. Market estimates and forecast, By Region, 2016 – 2026 (USD Million)
           5.3.4. Managed
                    5.3.4.1. Market estimates and forecast, 2016 – 2026 (USD Million)
                    5.3.4.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Million)
Chapter 6. Learning Management System (LMS) Market By Delivery Mode Insights & Trends
    6.1. Delivery Mode Dynamics & Market Share, 2019&2026
    6.2. Distance Learning
          6.2.1. Market estimates and forecast, 2016 – 2026 (USD Million)
          6.2.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Million)
    6.3. Instructor Led Training
          6.3.1. Market estimates and forecast, 2016 – 2026 (USD Million)
          6.3.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Million)
    6.4. Blended Learning
          6.4.1. Market estimates and forecast, 2016 – 2026 (USD Million)
          6.4.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Million)
Chapter 7. Learning Management System (LMS) Market By Deployment Type Insights & Trends
    7.1. Deployment Type Dynamics & Market Share, 2019&2026
    7.2. Cloud
          7.2.1. Market estimates and forecast, 2016 – 2026 (USD Million)
          7.2.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Million)
    7.3. On-premise
          7.3.1. Market estimates and forecast, 2016 – 2026 (USD Million)
          7.3.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Million)
Chapter 8. Learning Management System (LMS) Market By End-User Insights & Trends
    8.1. End-User Dynamics & Market Share, 2019&2026
    8.2. Academic
          8.2.1. Market estimates and forecast, 2016 – 2026 (USD Million)
          8.2.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Million)
          8.2.3. K-12
                   8.2.3.1. Market estimates and forecast, 2016 – 2026 (USD Million)
                   8.2.3.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Million)
          8.2.4. Higher Education
                   8.2.4.1. Market estimates and forecast, 2016 – 2026 (USD Million)
                   8.2.4.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Million)
    8.3. Corporate
          8.3.1. Market estimates and forecast, 2016 – 2026 (USD Million)
          8.3.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Million)
          8.3.3. Banking, Financial Services, and Insurance
                   8.3.3.1. Market estimates and forecast, 2016 – 2026 (USD Million)
                   8.3.3.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Million)
          8.3.4. Telecom and IT
                   8.3.4.1. Market estimates and forecast, 2016 – 2026 (USD Million)
                   8.3.4.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Million)
          8.3.5. Manufacturing
                   8.3.5.1. Market estimates and forecast, 2016 – 2026 (USD Million)
                   8.3.5.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Million)
          8.3.6. Retail and ecommerce
                   8.3.6.1. Market estimates and forecast, 2016 – 2026 (USD Million)
                   8.3.6.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Million)
          8.3.7. Healthcare
                   8.3.7.1. Market estimates and forecast, 2016 – 2026 (USD Million)
                   8.3.7.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Million)
          8.3.8. Government
                   8.3.8.1. Market estimates and forecast, 2016 – 2026 (USD Million)
                   8.3.8.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Million)

Chapter 10. Competitive Landscape
    10.1. Market Revenue Share By Learning Management System (LMS) Providers
    10.2. Market positioning
    10.3. Strategy Benchmarking
    10.4. Vendor Landscape
Chapter 11. Company Profiles
    11.1. Blackboard, Inc.
            11.1.1. Company Overview
            11.1.2. Financial Performance
            11.1.3. Technology Insights
            11.1.4. Strategic Initiatives
    11.2. Cornerstone Ondemand, Inc.
            11.2.1. Company Overview
            11.2.2. Financial Performance
            11.2.3. Technology Insights
            11.2.4. Strategic Initiatives
    11.3. D2L Corporation
            11.3.1. Company Overview
            11.3.2. Financial Performance
            11.3.3. Technology Insights
            11.3.4. Strategic Initiatives
    11.4. IBM Corporation
           11.4.1. Company Overview
           11.4.2. Financial Performance
           11.4.3. Technology Insights
           11.4.4. Strategic Initiatives

Continue…

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