Global Learning Management Systems Market Insights Forecasts to 2032

• The Learning Management Systems Market Size was valued at USD 18.11 Billion in 2022.
• The Market Size is Growing at a CAGR of 20.7% from 2022 to 2032
• The WorldWide Learning Management Systems Market Size is expected to reach USD 73.62 Billion by 2032
• Europe is expected to grow the fastest during the forecast period.

The Global Learning Management Systems Market  Size is expected to reach USD 73.62 Billion by 2032, at a CAGR of 20.7% during the forecast period 2022 to 2032.

The majority of the time, learning management systems (LMS) are used for online education, but they can also be utilised as a platform for other types of online content, such as asynchronous and synchronous courses. Additionally, LMS software, sometimes referred to as computer-based training software, helps organisations and educational institutions manage their online learning programmes better. This may be a very successful strategy to boost employee engagement and retention while also raising staff skill levels.

Impact of COVID 19 On Global Learning Management Systems Market

With the onset of COVID 19 pandemic, the educational institutes was shut down which affect school and learning which include teaching and assessment methodologies. Having said that, this gap was increasingly filled by e-learning because colleges, schools, offices, and educational institutions has shifted teaching and learning online. People who have spent more time at home at the time of pandemic, digital learning is considered as an important educational resource. The pandemic has converted its traditional chalk talk teaching approach into a technology driven alternative. Various people who are taking virtual classes have seen significant rise in the market. The outbreak of pandemic has increased the demand for e-learning platforms, implementation of various lockdown measures adopted by various nations have influenced educational institutions to opt for learning management systems.

Key Market Drivers

Many institutions are increasingly adopting online interactive learning methods in order to gain a competitive edge. With the rise in the penetration as well as cloud adoption, the learning management system provides distribution solutions across mobiles, websites, and social platforms, as well as user friendly content creation. In addition, the platform also helps in administering, reporting, tracking, and automating the method of online learning courses. Hence, various educational organizations have started shifting toward collaborative online learning methods. The adoption of online teaching and learning methods have increased exponentially in the education industry. Hence, the increasing popularity in higher educational institutes is going to drive the learning management system market growth

Key Market Challenges

A learning management system supports educators and teachers during the learning session. It supplements the classroom and helps to deliver and record content. Various organizations are using tools for instruction deliver in the traditional classroom. Having said that, according to the survey, the impact and end result of traditional teaching are witnessed to be more impactful. The Learning Management System cannot be adopted for practical learning sessions and hands on training. It can be used in enhancing the learning experience and not to replace the traditional system. All these factors are anticipated to hamper the market growth over the forecast period.

Market Segmentation

Component Insights

Solutions segment to dominate the market over the forecast period

On the basis of component, the global learning management systems market is segmented into solutions and services. Among these, the solutions is anticipated to dominating the market with the largest market share over the forecast period owing to various requirements to academic institutes and corporate institutes.

The services, on other hand, is estimated to witness the fastest market growth over the forecast period. The services segment is further sub segmented into consulting, implementation, and support services. The advanced systems provides integration as a service which reduces the implementation time and complexity. Similarly, in order establish better communication and collaboration between the trainer and learners, the consulting services sub segment is anticipated to witness the significant growth.

Deployment Analysis

Cloud segment holds the highest market share over the forecast period

Based on the deployment, the global learning management systems market is segmented into on-premise and cloud. The growth is attributed to its in house safety as well as security capabilities. Apart from this, owing to its flexible pricing options, educational institutes, and small organizations are shifting towards cloud based deployment models. The ease of operation while connecting different services and applications increases the demand for the Software as a Service (SaaS) model. Cloud deployment establishes a flexible, robust, scalable, and secured infrastructure which is going to increase the market growth.

End User Analysis

Academic segment accounts the largest market share over the forecast period

On the basis of end user, the global learning management systems market is segmented into academic and corporate. Among these, the academic segment holds the highest market share over the forecast period. The growth is attributed to the increasing demand for effective learning tools for training students. This segment is further sub segmented into K-12 and higher education. Among these, K-12 segment is dominating the market. As per the 2020 Capterra report, 64% of K-12 schools as well as 36% of higher education universities or colleges are adopting Learning Management System in 2020. Thus, the increasing demand in the use of LMS across the K-12 is anticipated to drive the market.

Corporate, on the other hand is anticipated to witness the fastest market growth over the forecast period. The growth is attributed to the significant growth because it provides flexibility to enterprises in order to conduct meetings, entrepreneurship programs and trainings efficiently instead of distance. Flexible environments for online training are gaining popularity across the BFSI, healthcare, IT, and telecom industries. The retail industry is also increasingly adopting e-learning to provide sales training and provide product to their employees.

Enterprise Type Analysis

Large enterprise segment is dominating the market with the largest market share

Based on the enterprise type, the global learning management systems market is segmented into large, small and medium enterprises. Among these, the large enterprise segment is dominating the market with the largest market share owing to the early  adoption of the solutions. Apart from this the small and medium enterprises segment is anticipated to witness the fastest market growth over the forecast period due to the rising demand of Learning Management System for SMEs in developing countries.

Regional Insights

North America is dominating the market with the largest market share over the forecast period

North America is dominating the global Learning Management Systems market over the forecast period. Due to growing Ed-tech activity, North America is predicted to lead the LMS industry. Since there are more universities and colleges in the U.S. than anywhere else, there may be potential for LMS providers to grow their companies here. The learning management system market in North America is influenced by a number of drivers, restraints, and opportunities. The performance of the market in North America depends on the rising need for efficient and high-quality education or learning. The fast adoption of innovative learning in North America has increased the region's share of the LMS market.

Asia Pacific, on the other hand is anticipated to witness the fastest market growth over the forecast period. To encourage e-learning and development, India, China, Japan, and other nations in the Asia Pacific are investing in and implementing learning management system platforms. Market participants in the area place a strong emphasis on growing corporate footprints. For instance, in March 2021, LTG PLC bought Bridge, a learning management system platform that improves performance and skills and aids managers and staff in transforming their organisation via alignment, connection, and growth.

Recent Market Developments

• In July 2022, GrowthZone is a popular market leader in the field of Learning Management System has made expansion in its integration partnership with Blue Sky eLearn.
• In May 2022, SumTotal System is market leader of talent acquisition, learning management, onboarding, and talent management solutions has made an announcement about its strategic partnership with Udemy Business.

List of Key Companies

• Blackboard Inc.
• Callidus Software Inc.
• Epignosis LLC
• John Wiley & Sons, Inc.
• Oracle Corporation
• Jzero Solutions Ltd.
• Paradiso Solutions
• SABA Software, Inc.
• SAP SE
• Sumtotal Systems, LLC

Market Segment

This study forecasts revenue at global, regional, and country levels from 2019 to 2032. Spherical Insights has segmented the global Learning Management Systems Market based on the below-mentioned segments:

Learning Management Systems Market, Component Analysis

• Solution
• Service

Learning Management Systems Market, Deployment Analysis

• On-Cloud
• On Premise

Learning Management Systems Market, End User Analysis

• Academic
• Corporate

Learning Management Systems Market, Enterprise Type

• Small and Medium Enterprises (SMEs)
• Large Enterprises

Learning Management Systems Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa