Learning Management System Market Key Manufacturers Development Trends and Competitive Analysis 2028

The global "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 2021-2028.

The current learning analytics landscape has dramatically expanded, especially for higher education. When students engage in gamified events, they can learn and practice better. Gaming features help create a fun and productive learning experience for learners. The implementation of gamification is most widespread in e-learning platforms meant for K-12 level students. According to an article published by EducationWorld in December 2019, STEPapp launched India's first-of-its-kind Gamified Learning EdTech app, intending to revolutionize K-12 education in the country.

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Companies Profiled in this report includes:

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

Impact of COVID-19 Pandemic on Global Learning Management System Market
The COVID-19 pandemic has shaken several industries. The tremendous growth in the virus spread has urged governments worldwide to impose strict restrictions on vehicles and human road movement. Due to travel restrictions, mass lockdowns, and business shutdowns, the pandemic has affected economies and countless industries, such as manufacturing & construction, retail, transportation & logistics, and automotive.
In 2020, the COVID-19 pandemic positively impacted the learning management system (LMS) market due to an increase in e-learning across several countries. For instance, according to the World Economic Forum report of April 2020, more than 1.2 billion students in 186 countries were affected by school closures due to the pandemic. In Denmark, students up to the age of 11 are returning 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. Thus, schools and universities have increasingly adopted the e-learning system since the start of the COVID-19 outbreak. Therefore, the overall impact of the pandemic on the learning management system (LMS) market in 2020 was positive.

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Learning Management System Market Segmentation:

By Deployment Mode:
• On-Premise
• Cloud

By Delivery Mode:
• Distance Learning
• Instructor-led Training
• Others

By End-user:
• K-12
• Higher Education
• Corporate

Based on deployment mode, the learning management system market is segmented into on-premise and cloud. In 2021, the cloud segment accounted for the larger market share. Based on delivery mode, the learning management system market is segmented into distance learning, instructor-led training, and others. In 2021, the instructor-led training segment accounted for the largest market share. Based on end-user, the learning management system market is segmented into K-12, higher education, and corporate. In 2021, the higher education segment accounted for the largest market share. Geographically, the learning management system market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, North America accounted for a significant market share in the global learning management system market.

TABLE OF CONTENTS:

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Learning Management System Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe - PEST Analysis
4.2.3 Asia Pacific PEST Analysis
4.2.4 Middle East & Africa PEST Analysis
4.2.5 South America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

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5. Learning Management System Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Adoption of E-learning Across Institutions
5.1.2 Integration of Technologies such as Artificial Intelligence
5.2 Market Restraints
5.2.1 Presence of Free of Cost Learning Management Platforms
5.3 Market Opportunities
5.3.1 Adoption of Immersive Learning with Virtual Reality, Augmented Reality, and Gamification
5.4 Future Trends
5.4.1 Implementation of BYOD in Enterprises
5.5 Impact Analysis of Drivers and Restraints

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