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Market Summary

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. The report includes the analysis of key strategies, business models, geographic presence, market dynamics, industry outlook, competitive landscape, and LMS market revenue for all segments. The LMS market highlights the solutions that are designed for the management of training courses, training programs and programs of learning and development, recording, monitoring, reporting and delivering them.

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Growing adoption for digital learning solutions, Increasing enterprise mobility and BYOD, and the government regulations and initiatives promoting the growth of LMS S are the main growth factors driving the LMS market. The challenge faced in the LMS market is the reluctance to adopt new technology and heavy dependency on traditional learning methods and the lack of skilled workforce, instructors, and trainers. The LMS is specifically designed for the modern business that enables the business to identify the learning and training gaps leveraging data analysis and reporting tools. The LMS focus on online learning, but they support a number of applications, including asynchronous and synchronous courses, and serve as a forum for online content.

An LMS may offer instructor-led training management or a retrained classroom, used in higher education and in the corporate area. The services segment is estimated to grow at the fastest growth rate during the forecast period due to the need for integration of these solutions with existing systems and the ability to provide continuous technical support for the solutions and learning experience. The LMS is offered from different delivery modes and and deployed on cloud or on-premise as per the requirement. Instructor-led training is the conventional and traditional way of training and learning. It includes use of LMS for delivering the eLearning services to the end-user. The instructor led training can be both in physical classroom and in a virtual classroom using cloud deployment and virtual reality. The end-user for the LMS market comprise of academic and corporate. The academic end-user mainly comprise of the K-12 education sector and the higher education sector. The adoption of LMS is more on the K-12 sector due to the advancements in the digital learning and various government regulations and initiatives for a compulsory minimum K-12 schooling. The LMS market is a fragmented market as there are number of small and large enterprises that constitute the ecosystem of the market. The companies in the LMS market have adopted multiple growth strategies such as new product development, partnerships, agreements, and mergers to gain a competitive edge over the competitors and cater to a larger audience.

The key benefits offered by the LMS solutions are availability of centralized eLearning content, 24x7 access 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.

Key Coverage of the Report

Region and country wise statistics of the market from the period 2016-2026. While 2016 & 2017 have been utilized as historical data, 2018 is considered the base year. 2019-2026 have been derived as forecasts.

Estimation of the market size along with historical and forecasted trend analysis.

Various applications of LMS solutions have been analyzed. Statistical analysis has been conducted on obtaining the individual share of these segments.

Regulatory framework of each region.

Demand and Supply GAP Analysis

Regional Competitors Pricing Strategy

Market share analysis of the top industry players

Strategic recommendations for the new entrants

Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

Strategic recommendations in key business segments based on the market estimations

Competitive landscaping mapping the key common trends

Company profiling with detailed strategies, financials, and recent developments.

Salient Trends of the LMS Market

The Asia Pacific has a huge potential in the market due to rapid urbanization and global digitization, and the rising use of digital business in the region is expected to supplement the growth of LMS market

North America is expected to major revenue-generating a region of the market as the presence of well-established solution providers, financial and retail industry, and massive adoption of AI and ML technology in the industry, as well as the high density of key players in this region.

The LMS solutions offer sales and marketing automation, customer support help desk, product configuration and reporting and customer analytics tools as an integrated solution.

The cloud deployment model offers low-cost installations due to the elimination of infrastructure cost along with benefits such as better interface, faster processing, efficient, and offer additional security

The web deployment dominate the major share of the LMS market; due to the increased adoption of mobile and smartphones is driving the market for LMSs in mobile segment

Extensive research and innovation are also expected to grow the market as the market is highly fragmented in nature, and companies are investing heavily in such activities to constantly roll out innovative products to capture the majority of the market.

In October 2019, PowerSchool signed a agreement to acquire Schoology, a leading K-12 learning management system. Combining the LMS solutions from Schoology with PowerSchool’s K-12 technology solutions. It would be the most wide-ranging unified classroom solution for the K-12 education industry.

In September 2019. Blackboard launched its Blackboard Learn Skill for the amazon Alexa device. This new integration allows learners he to seamlessly access the coursework information on any Amazon Alexa-enabled device

In June 2019, Moodle launched its mobile version of LMS which is available on both APP store and Google Play store. The Moodle app is the best companion for mobile learning strategy.

Companies considered and profiled in this market study

The companies considered in the research study 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.

Market-O-Nomics

As of 2018, the services segment is projected to have the fastest growth rate of 26.4% of the global LMS market due to the increasing need for integration and support services to integrate LMS platform with existing eLearning systems

Instructor led learning delivery mode is estimated to hold the larger market share during the forecast period in the LMS market due to the demand for guided and monitored learning systems amongst the learning institutions

The cloud deployment type is forecasted to register the highest CAGR of 21.8% owing to the increasing number of cloud deployments and the increased number of online learning and growing digital transformation among corporate and academic end-users.

Asia-Pacific regional segment of the LMS market is expected to remain a growing segment during 2019-2026, at a CAGR of 22.3% owing it to the huge potential in the untapped markets like China, Japan, and India where the end-user sectors are growing rapidly in the corporate learning industry.

North America is expected to capture almost 37.34% of the LMS market share due to the presence of a well-established education and learning industry as well as the extensive focus of companies towards the deployment of eLearning and LMS solutions in the corporate sector.

Segments Covered in the report:

This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2016 to 2026. For the purpose of this study, Reports and Data have segmented the LMS market based on component, delivery mode, deployment type, end-user, and region:

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



Key Question Answered

Key Questions Answered in LMS Market Report

How has the LMS market evolved over the past three years?

What size is the LMS market expected to take in terms of market value (USD) during the forecasted period?

What are some of the competition developments in the LMS market?

What are the market dynamics in the LMS market?

What is the underlying industry factors impacting the growth of the LMS market?

What are the market positioning and strategies of key companies concerning for LMS market taxonomy?

What are the key challenges, improvement factors, and opportunities for LMS market players?

How is the competition structured in the LMS market at present, and how has it evolved over the past few years?