Global Learning Management System (LMS) Market Growth Accelerates: Strategic Forecast Predicts $61.21 Billion by 2029

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What Will the Learning Management System (LMS) Industry Market Size Be by 2025?
The market size of the learning management system (LMS) has seen considerable growth in recent years. The expansion of this market will leap from $26.76 billion in 2024 to $31.42 billion in 2025, showing a compound annual growth rate (CAGR) of 17.4%. The increase noticed in the historic period is due to factors like the requirements for corporate training, scalability and adaptability, cost-effectiveness, the emergence of blended learning, and the worldwide reach of education.

What's the Long-Term Growth Forecast for the Learning Management System (LMS) Market Size Through 2029?
In the upcoming years, the market for the learning management system (lms) is predicted to experience swift expansion, reaching a valuation of $61.21 billion in 2029, with a compound annual growth rate (CAGR) of 18.1%. The surge during the forecast period can be ascribed to various factors such as microlearning trends, the inclusion of gamification in learning, lifelong learning initiatives, emphasis on training in soft skills, and competency-based learning. In addition, a few key trends are expected to emerge during the forecast period, inclusive of voice-activated search and navigation, voice-augmented content delivery, multimodal learning interactions, support for language learning, real-time language translation, podcast-style learning modules, and voice-assisted adaptive learning.

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What Are the Key Growth Drivers Fueling the Learning Management System (LMS) Market Expansion?
The surge in the use of e-learning is projected to fuel the expansion of the learning management system (LMS) market in the foreseeable future. E-learning is a teaching method that relies on formalized instruction utilizing digital tools. The COVID-19 pandemic led to the shutdown of numerous educational institutions to curb the disease, prompting the education systems to turn to e-learning, enabling students to learn remotely during the outbreak. For instance, ProsperityForAll, a US-based online learning platforms and course provider announced in September 2023, that the online learning platform penetration rate witnessed a jump from 6.8% in 2020 to 9.9% in 2022. Consequently, this rising adoption of e-learning is triggering the growth of the learning management system (LMS) market.

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What Are the Key Trends Driving Learning Management System (LMS) Market Growth?
The increasing application of artificial intelligence is a major trend gaining traction in the learning management system (LMS) market. AI contributes significantly to various LMSs by providing a progressive perspective to the learning experience of team members. An AI-based learning platform utilizes a precise set of algorithms to understand and make data predictions. For instance, in June 2023, Silgan University based in the US, rolled out an online Learning Management System. Created with the active packaging professional in mind, this self-paced educational platform allows learners to finish three closure courses from their home or workplace. The importance of training staff and imparting knowledge has reached new heights today. Students will delve into topics such as basics of closures and materials, quality control methods, and manufacturing.

How Is the Learning Management System (LMS) Market Segmented?
The learning management system (lms)market covered in this report is segmented -

1) By Component: Solution, Services
2) By Delivery Mode: Distance Learning, Instructure LED Training, Blended Training
3) By Deployment Mode: Cloud, On-Premises
4) By End User: Academic, Corporate

Subsegments:
1) By Solution: Course Management, Content Management, Learning Analytics, User Management, Assessment Management, Mobile Learning
2) By Services: Implementation Services, Training And Support Services, Consulting Services, Maintenance And Upgradation Services

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Which Companies Are Leading the Charge in Learning Management System (LMS) Market Innovation?
Major companies operating in the learning management system (LMS) market include McGraw-Hill Global Education Holdings LLC, Desire2Learn Inc., SAP SE, Docebo Inc., Absorb Software Inc., Blackboard Inc., Cornerstone OnDemand Inc., Oracle Corporation, Internation Business Machines Corporation, Pearson plc, PowerSchool Group LLC, Epignosis LLC, Skillsoft Corporation, Aptara Inc., Articulate Global Inc., Schoology Inc., MPS Interactive Systems Limited, NetDimensions Holdings Limited, Adobe Inc., CrossKnowledge Group Ltd., SumTotal Systems LLC, Instructure Inc., Tovuti Inc., iSpring Solutions Inc., Callidus Software Inc., John Wiley & Sons Inc., Paradiso Solutions Inc., Saba Software Inc., Moodle Pty Ltd., Google LLC, Litmos Limited, LearnUpon Limited, Atrixware LLC, G-Cube Webwide Software Private Limited

Which Regions Are Leading the Global Learning Management System (LMS) Market in Revenue?
North America was the largest region in the learning management system market in 2024.Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the learning management system (LMS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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