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Europe Learning Management System Market Grow at a CAGR of 19.5% to 2028 | Blackboard Inc., Cornerstone, D2L Corporation, Docebo

05-25-2022 07:53 AM CET | IT, New Media & Software

Press release from: Business Market Insights

The Europe learning management system market is expected to grow from US$ 4,281.04 million in 2021 to US$ 14,854.89 million by 2028; it is estimated to grow at a CAGR of 19.5% from 2021 to 2028.

Artificial intelligence (AI) enables computers to communicate with people, understand events, and learn and react to events, as humans do. In addition to its application in industries such as security and surveillance, and information technology, AI has been adopted widely in the education sector over the years. The technology is being implemented across schools, colleges, and universities for automating repetitive tasks, such as grading, financial analysis, and admission processes.

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It can be calibrated to learn and model teachers' actions while grading through advanced computer programs, such as automated grading, for automatic grade assignments. Students' performances have been among the oldest ways to evaluate instructors' performances and their ability to relate to students at various levels. However, most colleges and universities have moved from written questionnaires to online surveys. Chatbots can be used to eliminate the intervention of an instructor or other human being to communicate with students in person and collect data.

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Major Key players covered in this report:

• Blackboard Inc.
• Cornerstone
• D2L Corporation
• Docebo
• International Business Machines Corporation
• itslearning AS
• LTGplc
• Hurix
• SAP SE
• Zoho Corporation Pvt. Ltd.

Europe Learning Management System Market Segmentation -

The Europe learning management system market is segmented based on deployment mode, delivery mode, end-user, and country. Based on deployment mode, the Europe learning management system market is segmented into on-premise and cloud. The cloud segment dominated the Europe learning management system market in 2020 and same segment is expected to be fastest growing during forecast period. Based on delivery mode, the Europe learning management system market is segmented into distance learning, instructor-led training, and others. The instructor-led training segment dominated the Europe learning management system market in 2020 and same segment is expected to be fastest growing during forecast period. Based on end-user, the Europe learning management system market is segmented into K-12, higher education, and corporate.

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With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe learning management system market. The Europe learning management system market is expected to grow at a good CAGR during the forecast period.

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