About Learning Management System (LMS) Software
Learning Management System (LMS) is a term used to describe a software platform. This helps the organization to manage and deliver e-learning programs to their employees. This system can be deployed in the field of education where the learner can enable remote learning for those who cannot access conventional educational infrastructure.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Learning Management System (LMS) Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cornerstone OnDemand (United States), Blackboard (United States), Saba Software (Canada), D2L Corporation (Canada), Adobe Systems (United States), CrossKnowledge (United States), Oracle (United States), SAP SE (Germany), Docebo (Canada), Schoology (United States), IBM (United States), Epignosis (United States), MPS Interactive (India), Pearson PLC (United Kingdom), McGraw Hill (United States), SumTotal Systems LLC (United States), Absorb Software LLC (Canada), Instructure Inc (United States), iSpring Solutions, Inc. (United States), G-Cube (India), Latitude CG, LLC (United States), UpsideLMS (India), Paradiso (United States), SkyPrep Inc (Canada), Knowledge Anywhere (United States) and SAP Litmos (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Docebo, Canvas, Blackboard Learn, Schoology, Edmodo, Moodle, TalentLMS, Brightspace, Lessonly and Oracle.
Segmentation Overview
AMA Research has segmented the market of Global Learning Management System (LMS) Software market by Type (Cloud Based and Web Based), Application (Large Enterprises and SMEs) and Region.
On the basis of geography, the market of Learning Management System (LMS) Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
If we see Market by , the sub-segment i.e. will boost the Learning Management System (LMS) Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.Market Growth Drivers:
Increasing Adoption of Digital Learning, Extensive Government Initiatives for Growth of LMS and Growing Inclination Toward BYOD Policy and Enterprise Mobility
Challenges:
Lack of Technical Support Post Implementation of LMS and Lack of Skilled Professionals
Restraints:
Low Motivation and Engagement to Adopt LMS Solutions
Opportunities:
Rise in Cloud Adoption Among Organizations and Institutes to Motivate Learners to Adopt Web-Based LMS Solutions Demand for Blended Learning Evolving Potential Markets and Developing New Prospects for Traditional Educational Systems
Market Leaders and their expansionary development strategies
In June 2022, British software and services provider Advanced has acquired of Pellcomp providers of a market leading Case Management System and Learning Management System (LMS) to 500 UK training and employability providers. Pellcomp’s PICS platform supports the end-to-end onboarding, employer engagement, administration, delivery and management of ESFA funded and commercially delivered learning programs and provides case management for Department of Work and Pensions (DWP) employability contracts. The acquisition further extend its breadth of solutions expand into the education sector supporting the rapid acceleration of digital learning that prioritise the learner experience for colleges, employers and private training providers.
In September 2023, Hermes Logistics Technologies (HLT) has launched Hermes Learning Management system (LMS), a digital, self-service, educational tool designed to make learning about air cargo processes and HLT’s Cargo Management System (CMS) simple, intuitive and effective. The LMS is a platform where all training content in the form of structured courses, FAQs, instructional videos and how-to guides is hosted internally and in one centralised hub for use by HLT customers and employees alike.
Key Target Audience
Manufacturers, Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.