U.S. Learning Management Systems Market Analyzing Future Demand and Overcoming New Challenges

According to a recent report published by Allied Market Research, the U.S. learning management systems market size was valued at $4,977.12 million in 2021, and is projected to reach $16,898.67 million by 2031, growing at a CAGR of 13.4% from 2022 to 2031.

The U.S. learning management systems market is segmented into user type, deployment model, industry vertical, and region. Depending on user type, it is fragmented into academic, and enterprises. By deployment model, the market is differentiated into on-premise and cloud. By industry vertical, the market is segmented into government & education, retail, healthcare, IT & telecom, manufacturing, hospitality, and others.

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With cost-effective and reduced marketing expenses, learning management systems are becoming increasingly convenient platform for schools and educational institutes to deliver coaching and classes to students in effective way. This factor is a major growth driver of the U.S. learning management systems market

By deployment mode, the cloud segment acquired major share. Increase in the mobile population and distributed workforce encourages the demand for e-learning or online training in the academic and corporate sector. Further, the benefits of cost and accessibility, and increasing technological advancements in learning platforms have encouraged the users to upgrade their traditional LMS to a more contemporary LMS. This has resulted in the growth of the U.S.learning management systems market during the forecasted period.

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COVID-19 Impact Analysis

The COVID-19 pandemic has a positive impact on the learning management systems market, owing to increase in use and adoption of online and digitalized learning methods among consumers globally, due to closures of educational institutes and university. Learning management systems are experiencing massive growth as consumers are increasingly preferring learning online during the pandemic. Moreover, educational industries are providing customers with options for learning management systems across the globe to continue the educational degrees and enhance digitalized learning in the market.

This, in turn, has become one of the major growth factors for the learning management system market during the global health crisis.

The report focuses on growth prospects, restraints, and trends of the learning management systems market analysis. The study provides Porter's five forces analysis to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, the threat of substitutes, and bargaining power of buyers in the LMS industry.

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The key players operating in the U.S. learning management systems market analysis include Blackboard Inc., Epignosis., IBM Corporation, iSpring, John Wiley & Sons, Inc., Oracle Corporation, Paradiso Solutions., SAP SE, SumTotal Systems, LLC and Xerox Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

KEY BENEFITS FOR STAKEHOLDERS

• The study provides in-depth analysis of the U.S. learning management systems market share along with current trends and future estimations to illustrate the imminent investment pockets.

• Information about key drivers, restrains, and opportunities and their impact analysis on the U.S. learning management systems market size are provided in the report.

• The Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the learning management systems market.

• An extensive analysis of the key segments of the industry helps to understand the learning management systems market trends.

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