Press release
North America Learning Management System Market Identifying Roles and Objectives In Coming Years till 2028
The North America learning management system market is expected to grow from US$ 6,372.16 million in 2021 to US$ 20,530.65 million by 2028; it is estimated to grow at a CAGR of 18.2% from 2021 to 2028.North America Learning Management System Market 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. North America Learning Management System Market 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 make their own decisions regarding the next courses they want to choose. North America Learning Management System Market A rise in the adoption of e-learning methodologies among colleges and universities is creating the need for learning management software. The onset of the COVID-19 pandemic has transformed the education sector across the region. There has been a significant surge in the use of language apps, virtual tutoring, video conferencing tools, and online learning software, among others, since COVID-19.
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North America Learning Management System Market The increase in the adoption of e-learning has created the demand for learning management software. The integration of learning management systems 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. North America Learning Management System Market Players that offer learning management systems include Blackboard, Cornerstone, and Docebo. The rise in demand for products facilitating an efficient e-learning experience for staff and students is fueling the North America learning management software market growth. North America Learning Management System Market 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 North America learning management system market. North America Learning Management System Market The North America learning management system market is expected to grow at a good CAGR during the forecast period.
Segments Covered
By Deployment Mode
On-Premise
Cloud
By Delivery Mode
Distance Learning
Instructor-Led Training
By End-User
K-12
Higher Education
Corporate
North America Learning Management System Strategic Insights
Strategic insights for the North America Learning Management System provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. North America Learning Management System Market These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. North America Learning Management System Market A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. North America Learning Management System Market Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
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The List of Companies
Blackboard Inc.
Cornerstone
D2L Corporation
Docebo
International Business Machines Corporation
itslearning AS
LTGplc
Hurix
SAP SE
Zoho Corporation Pvt. Ltd.
Market Drivers
Shift to Digital Learning- North America Learning Management System Market One of the primary factors driving the growth of the LMS market in North America is the rapid shift toward digital learning. Traditional face-to-face learning methods have given way to more flexible, accessible, and scalable digital platforms. With the advent of e-learning, students and employees can access educational content at any time and from anywhere, which has led to a surge in the adoption of LMS solutions. This transformation was further accelerated by the COVID-19 pandemic, which forced educational institutions and businesses to transition to remote learning and virtual training.
Corporate Training and Upskilling- North America Learning Management System Market Corporate training is another significant driver of the LMS market in North America. With the increasing importance of skill development and employee training in today's competitive business environment, organizations are investing heavily in LMS platforms to provide ongoing learning and development opportunities for their workforce. LMS platforms enable organizations to deliver personalized training programs, track employee progress, and measure the effectiveness of training initiatives. This is especially important in industries that require continuous skill upgrades, such as technology, healthcare, and finance.
Segmentation by End-User
The North American LMS market can be segmented by end-user, which refers to the primary users of the LMS platform. The major end-user segments include K-12, higher education, and corporate.
Higher Education: The higher education segment dominated the North American LMS market in 2020. Universities, colleges, and other post-secondary institutions rely on LMS platforms to manage courses, track student progress, and facilitate communication between instructors and students. The increased adoption of online and hybrid learning models in higher education has driven the demand for LMS solutions. The ability to deliver engaging content, track performance, and provide a centralized hub for academic resources is crucial for institutions in this sector.
Corporate: The corporate segment is expected to be the fastest-growing segment during the forecast period. Companies across various industries are increasingly adopting LMS platforms to provide employee training, development, and upskilling opportunities. Corporate LMS platforms enable organizations to deliver consistent training across multiple locations and track employee progress toward performance goals. Additionally, LMS platforms are used for compliance training, leadership development, and certification programs. With the ongoing need for workforce development and adaptability in the face of changing industry requirements, the corporate sector is becoming a key driver of LMS market growth.
K-12: The K-12 segment, which includes primary and secondary schools, is also a significant user of LMS platforms, although it is not as dominant as higher education or corporate sectors. The adoption of LMS in K-12 institutions has increased, especially with the rise of blended and online learning models. As schools continue to invest in technology to enhance student learning experiences, LMS platforms will play a critical role in providing centralized, easy-to-access educational content for students and teachers.
Segmentation by Country
The North American LMS market is further segmented by country, with major markets including the United States, Canada, and Mexico.
United States: The United States is the largest market for LMS in North America. With a vast number of higher education institutions, corporations, and government agencies, the demand for LMS platforms is high. The U.S. market benefits from the early adoption of e-learning technologies and continues to be a leader in the development and deployment of LMS solutions. The demand for LMS platforms is expected to remain strong in the U.S., driven by the ongoing digital transformation of education and corporate training.
Canada: Canada also represents a significant market for LMS platforms. The adoption of e-learning is growing in both educational institutions and businesses. Canadian schools and universities are increasingly using LMS platforms to support online and hybrid learning models. In the corporate sector, organizations are leveraging LMS to offer employee training and development programs.
Canada's strong focus on technology adoption and innovation in education further contributes to the growth of the LMS market in the country.
Mexico: Mexico, while a smaller market compared to the U.S. and Canada, is showing promising growth in the LMS sector. The increasing demand for educational technology and corporate training solutions, particularly in the corporate sector, is driving the LMS market in Mexico. Additionally, government initiatives aimed at improving the quality of education and training opportunities are contributing to the adoption of LMS platforms
You can see this-
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