Learning Management System (LMS) Market to 2025 – Global Analysis, Industry Growth Scenario and Research

The global learning management system Market is expected to grow from US$ 5.05 billion in 2016 to US$ 18.44 billion by 2025 at a CAGR of 15.52% between 2017 and 2025.

The learning management system market is flourishing due to the need for LMS in higher education system and rising trend of cloud computing. Implementation of emerging technologies like gamification and virtual reality and development of LMS for students with disabilities will add new opportunities for this market in the long run. Geographically the learning management system market is presently dominated by developed regions like North America and Western European Countries, however, the learning management system market is expected to be in favor of Asia Pacific, South America and Africa, as the region is anticipated to witness over the coming years.

The growing trend of adoption of LMS by the HEOs (Higher education Organization) across the world is different than the adoption trend of colleges and universities. The HEO over past few years have significantly driven the demand for LMS. At present, U.S is the largest adopter of LMS in higher education sector, however Western Europe and other countries of North America are anticipated to gradually increase their demand for cost-effective LMS in the coming years. Blackboard Inc., is the largest provider of LMS to the HEO followed by Canvas and Docebo. These companies are thriving to develop cost efficient LMS for HEO in order to drive the demand for LMS in higher education sector.

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Leading Learning Management System (LMS) Market Players:

· Cornerstone Ondemand, Inc.

· Docebo

· IBM Corporation

· Netdimensions Ltd.

· SAP SE

· Blackboard Inc.

· SABA Software, Inc.

· Mcgraw-Hill Education, Inc.

· Pearson Plc

· D2L Corporation

The Asia Pacific region comprises of several developing countries such as China, Japan, South Korea, and India are witnessing increasing penetration coupled with decreasing internet rates subsequently driving the growth of LMS market in APAC. Rapid population growth and increasing urbanization has created a demand for better education in the region. This is further supported by governments of several economies that are focused on enhancing their education system by supporting the growth of technology in the education sector by providing funds for development of literacy in rural areas..

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Learning Management System (LMS) Market based on product and application. It also provides market size and forecast till 2025 for overall Learning Management System (LMS) Market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.

Also, key Learning Management System (LMS) Market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

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