On-demand Learning Management System Market to Witness a CAGR of 12.6% Over by 2026 | Adobe Systems, TalentLMS, DoceboLMS, Litmos, Trivantis

United States/New Jersey: The global On-demand Learning Management System market was valued at US$ 3729.1 million in 2016 and is projected to reach US$ 25.8 billion by 2025, exhibiting a CAGR of 24.98% over the forecast period

On-demand learning management system has been introduced to provide effective and convenient classroom management solution for education systems. It is the effective integration of key components of on-demand learning management system and software-as-a-service platform. On-demand learning management system offers various advantages including better student experience, enhanced learning environment, improved learning management, and instant feedback compared to other traditional solutions. This new class management software allows instructors to remotely access the student's assignment using their web browser. The software also reduces instructor workload by automating routine classroom maintenance tasks, class management, student records, grade tracking and identification, student records, and reference check.

This study contains data on the industry's market growth as well as major segmentation factors that assist the worldwide On-demand Learning Management System Market thrive in the modern day. The study also highlight the significance of the worldwide On-demand Learning Management System Market's geographical categorization. The global On-demand Learning Management System Market will eventually generate more revenue and will have a larger market size than the previous projection period due to increased demand.

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Major Key players in this Market:

Adobe Systems
TalentLMS
DoceboLMS
Litmos
Trivantis
WizIQ
Mindflash
SchoolKeep
Latitude Learning LMS
SAP

Key Market Drivers:

Launch of new products is expected to propel growth of the global on-demand learning management system market over the forecast period. For instance, in August 2021, Camu, an EdTech solution with a Unified Student Information System and Learning Management Solution from Octoze Technologies, launched Learning Management System (LMS 2.0).

Moreover, funding for R&D in LMS is also expected to propel growth of the global on-demand learning management system market over the forecast period. For instance, in June 2021, Fireline Science LLC was awarded a competitive National Science Foundation Small Business Innovation Research grant to conduct R&D to create a new technical framework for an intelligent, edge-based LMS.

Covid-19 Impact Analysis

Emergence of Covid-19 has increased the importance of on-demand learning management system as the pandemic has compelled many educational institutions to maintain social distancing as well as cancel classes, examinations, and choose an online mode for education. Such scenario is expected to offer lucrative growth opportunities for players in the on-demand learning management system market.

Key Takeaways

The global on-demand learning management system market is expected to propel growth of the global on-demand learning management system market over the forecast period, owing to increasing adoption of LMS in various sectors. For instance, in May 2021, Motive Learning, an e-learning technology company based in the U.S., assisted Menzies Aviation in launching their Latin America Learning Management System.
Among regions, North America is expected to witness significant growth in the on-demand learning management system market, owing to several M&A activities in the region. For instance, in December 2019, Absorb Software acquired ePath Learning, a cloud-based learning technology company in the U.S.

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The Study Objectives of This Report Are:

SWOT Analysis focuses on global key manufacturers in order to define, the, and analyzing market competition landscape. Definition, description, and forecasting of the market by type, application, and region.
Analyze the market potential and advantage, opportunity and challenge, restraints and risks in the global and key regions.
Identify important trends and factors that are either driving or inhibiting market growth.
Stakeholders will be able to analyse market opportunities by identifying high-growth segments.
To conduct a strategic analysis of each submarket in terms of individual growth trends and market contribution.
To Analyze Competitive Developments Such as Expansions, Agreements, New Product Launches, And Acquisitions in The Market
To develop a strategic profile of the key players and conduct a thorough analysis of their growth strategies.

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