To reach global Learning Management Systems (LMS) market

All Post Times EditorialSeptember 2, 2022

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To reach global Learning Management Systems (LMS) market

DUBLIN, Sept. 02, 2022 (GLOBE NEWSWIRE) — Added the Learning Management System (LMS) Global Market Report 2022: By Component, Delivery Mode, Deployment Mode, End User, and Covering ResearchAndMarkets.com Offer.

The global Learning Management Systems (LMS) market is forecast to grow from US$13.46 billion in 2021 to US$15.77 billion in 2022 at a compound annual growth rate (CAGR) of 17.1%. The change in growth trend is mainly due to companies stabilizing their production after meeting demand that has grown exponentially during the COVID-19 pandemic. The market is expected to reach $29.35 billion in 2026 at a CAGR of 16.8%.

The main types of components in Learning Management Systems (LMS) are solutions and services. Learning Management System (LMS) services include strategy development, design, development and support, which are activated and used by the LMS as needed. The different delivery modes include distance learning, instructure LED training, blended training and are delivered in different modes like cloud or on-premises. It is implemented in multiple industries such as academia and business.

North America was the largest region in the Learning Management Systems Market in 2021. Asia Pacific is projected to be the fastest growing region during the forecast period. The regions covered in this report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The use of artificial intelligence is a major trend gaining popularity in the learning management system (LMS) market. Artificial intelligence offers various benefits to the various learning management systems by facilitating a forward-thinking approach to the team members’ learning experience. A specific set of algorithms is used by an AI-based learning platform to learn and make predictions about data. For example, in January 2021, Syndicate Learning Group, an India-based software company, announced the launch of the most advanced learning management system powered by artificial intelligence. This LMS can replace most legacy LMS by adding technology features.

The increasing adoption of e-learning is expected to drive the growth of the Learning Management System (LMS) market in the coming years. E-learning is a learning approach based on formalized instruction but using digital tools. Due to the COVID-19 pandemic, many schools, colleges and universities have had to close to contain the virus.

As a result, education systems have adopted e-learning to help students learn remotely during the epidemic. For example, according to the Online Learning Statistics report in 2021, mobile e-learning reached US$38 billion in 2020, and the e-learning platform has been used by 80% of enterprises and 50% of institutional students. Hence, the increasing adoption of e-learning is driving the growth of the learning management system (LMS) market.

scope
Covered Markets:
1) By component: solution; Services
2) By delivery mode: distance learning; Instructor LED training; blended training
3) By Deployment Mode: Cloud; On the premises
4) By End User: Academics; company

Main topics covered:

1. Summary

2. Learning Management System (LMS) Market Characteristics.

3. Learning Management System (LMS) Market Trends and Strategies.

4. Impact of COVID-19 on the Learning Management System (LMS)

5. Learning Management Systems (LMS) Market Size and Growth.

6. Learning Management Systems (LMS) Market Segmentation.

7. Learning Management Systems (LMS) Market Regional and Country Analysis.

8. Asia Pacific Learning Management Systems (LMS) Market

9. Learning Management Systems (LMS) Market in China

10. Indian Learning Management Systems (LMS) Market.

11. Learning Management Systems (LMS) Market in Japan