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Learning Management System Market 2021 Latest Trend, Demand and Global Outlook | Blackboard Inc, Cornerstone, D2L Corporation, Docebo
This research report will give you deep insights about the Learning Management System Market and it will also help you in strategic decision making. The final research document is an exhaustive document comprising of 150 pages. All our reports are usually purchased across industries by Executives, Managers, Senior Managers, Strategy people, Directors, Vice Presidents, CXOs, etc. and help them in understanding about the market trends and analysis, competition, industry landscape, market size, market revenue, forecast, COVID-19 impact analysis, SWOT analysis, etc.The Learning Management System market is expected to grow from US$ 14,895.17 million in 2021 to US$ 50,995.16 million by 2028; it is estimated to grow at a CAGR of 19.2% during 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 the application of AI in industries such as security and surveillance, and information technology, it has been adopted widely in the education sector. The technology is being implemented across schools, colleges, and universities for automating repetitive tasks, such as grading, financial analysis, and admission processes. It can be calibrated to learn and model teachers' actions while grading through advanced computer programs, such as automated grading, for automatic grade assignments.
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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 are used to eliminate the intervention of an instructor or other human being to communicate with students in person and collect data. Thus, the rising adoption of AI-powered solutions across the education sector fuels the learning management system market growth. The AI-powered LMS help streamline the process of feeding the information to learners by promoting personalized corporate learning. Artificial intelligence also provides accurate recommendations on how to easily present and curate information based on the needs and preferences of specific learners. Thus, the adoption of AI in education sector, boost the demand for learning management system market.
The players operating in the learning management system market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players in learning management system market are listed below:
In November 2020, Cire Services Inc. selected the leading cloud learning management system, d Blackboard, to help students in learning.
In April 2020, D2L Corporation planned to announce a significant partnership agreement with K16 Solutions, the industry leader in EdTech for LMS course migration. This development enables state-of-the-art migration and archiving solutions to institutions switching to D2L's Brightspace learning management platform.
Major key players covered in this Learning Management System Market report:
• Blackboard Inc.
• Cornerstone
• D2L Corporation
• Docebo
• International Business Machines Corporation
• itslearning AS
• LTGplc
• Hurix
• SAP SE
• Zoho Corporation Pvt. Ltd.
Learning Management System Market Insights
Rise in Adoption of E-Learning Across Institutions
With e-learning, educational content is delivered to learners through computers, laptops, tablets, or smartphones. It has changed the face of education as learners understand better through the information presented using animation, podcasts, and videos that create a multimodal and realistic learning environment. Further, instead of receiving a passive experience, learners can quickly and easily opt for what they need to learn. In addition, e-learning platforms often allow learners to decide the next courses they want to study.
The increase in the adoption of e-learning has created the demand for learning management software. LMS integration across the learning portals enables content management and file sharing among staff and students. These software solutions are also offered with student progress tracking, student feedback and grading, and assessment creation and management tools. Players that offer LMS include Blackboard, Cornerstone, D2L Corporation, and Docebo. The rise in demand for products facilitating an efficient e-learning experience to staff and students fuels the learning management software market growth.
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Learning Management System Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America
Reason to Buy
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Learning Management System market.
• Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
• The key findings and recommendations highlight crucial progressive industry trends in the Learning Management System market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Table Of Contents
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Learning Management System Market Landscape
5. Learning Management System Market - Key Market Dynamics
6. Learning Management System Market - Global Market Analysis
7. Learning Management System Market - Revenue And Forecasts To 2028 - Source
8. Learning Management System Market - Revenue And Forecasts To 2028 - Nature
9. Learning Management System Market - Revenue And Forecasts To 2028 - Format
10. Learning Management System Market - Revenue And Forecasts To 2028 - Packaging
11. Learning Management System Market - Revenue And Forecasts To 2028 - Distribution Channel
12. Learning Management System Market Revenue And Forecasts To 2028 - Geographical Analysis
13. Industry Landscape
14. Learning Management System Market, Key Company Profiles
15. Appendix
LIST OF TABLES
LIST OF FIGURES
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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