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Learning Management System Market is Anticipated to Reach US$ 50,995.16 Mn by 2028; Industry CAGR of 19.2%, Size, Share and Trends Analysis 2022 To 2028
Learning Management System Market
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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.
Learning Management System Market Report makes available major statistics on the market status of global and regional manufacturers and is a supportive source for companies and individuals interested in the Learning Management System industry. Learning Management System Market report has been structured after a thorough study of various key market segments like market size, share, growth, demand, latest trends, market threats and key drivers which drives the market. The careful efforts accompanied with integrated approaches gives an output of such excellent market research report that drives the decision making process of the business. This market report endows with a profound overview of product specification, technology, product type and production analysis by considering most important factors such as revenue, cost, and gross margin. With the large scale Learning Management System report, businesses can successfully make decisions about business strategies to achieve maximum return on investment (ROI).
Impact of COVID-19 Pandemic on Global Learning Management System Market
In 2020, the COVID-19 pandemic positively impacted the learning management system market due to an increase in e-learning across several countries. For instance, according to the World Economic Forum report of April 2020, there are more than 1.2 billion students in 186 countries affected by school closures due to the pandemic. In Denmark, students up to the age of 11 return to nurseries and schools after initially closing on March 12, 2020. However, in South Korea, students respond to roll calls from their teachers through online platforms. Similarly, Tencent's classroom had been used extensively since mid-February 2020 after the Chinese government instructed a quarter of a billion full-time students to resume their studies through online platforms. The online classes resulted in the most significant transformation in the education system, with approx. 730,000 (or 81%) of K-12 students attending classes through the Tencent K-12 Online School in Wuhan, China. Thus, schools and universities have increasingly adopted the e-learning system since the starting of the COVID-19 pandemic outbreak. Therefore, the overall impact of the pandemic on the learning management system market in 2020 was positive.
Top Manufacturers of Learning Management System Market:
Alphabet Inc.
Blackboard Inc.
Cornerstone
D2L Corporation
Docebo
International Business Machines Corporation
itslearning AS
LTGplc
Hurix
SAP SE
Zoho Corporation Pvt. Ltd.
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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.
Learning Management System Market Insights:
Rise in Adoption of E-Learning Across Institutions
Deployment Mode-Based Market Insights
Learning Management System Market, by
Deployment Mode, 2020 and 2028 (%)
Delivery Mode-Based Market Insights
Continued……
Global Learning Management System Market Scope:
By Deployment Mode (On-Premise and Cloud)
By Delivery Mode (Distance Learning, Instructor-Led Training, and Others)
By End-User (K-12, Higher Education, and Corporate)
By Geographical Regions
Asia Pacific: China, Japan, India, and Rest of Asia Pacific
Europe: Germany, the UK, France, and Rest of Europe
North America: The US, Mexico, and Canada
Latin America: Brazil and Rest of Latin America
Middle East & Africa: GCC Countries and Rest of Middle East & Africa.
Learning Management System Market Regional Analysis/Insights
The artificial intelligence (AI) in drug discovery market is analysed and market size insights and trends are provided by country, offering, technology, drug type, application and end user as referenced above.
The countries covered in the artificial intelligence (AI) in drug discovery market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Table of Contents
Some of the Major Highlights of TOC covers:
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Data Sources
Chapter 2: Executive Summary
Business trends
Regional trends
Product trends
End-use trends
Chapter 3: Learning Management System Industry Insights
Industry segmentation
Industry landscape
Vendor matrix
Technological and innovation landscape
Chapter 4: Learning Management System Market, By Region
Chapter 5: Company Profile
Business Overview
Financial Data
Product Landscape
Strategic Outlook
SWOT Analysis
Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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