Learning Management System (LMS) Market Insights, 2019-2025: Distance Learning to Dominate Market

DUBLIN, Dec. 13, 2019 /PRNewswire/ -- The "Learning Management System (LMS) Market by Product Offering (Solutions, Services), User Group (Education, Corporate), Delivery Mode (Distance Learning, Instructor-led Learning), Deployment Type (Cloud, On-Premise), and Geography - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The global learning management system market is expected to grow at a CAGR of 20.5% from 2019 to 2025 to reach $28.1 billion by 2025.

A learning management system (LMS) is a software application for the administration, documentation, tracking, reporting, and delivery of educational courses, training programs, or learning and development programs. The growth in the learning management system market is fuelled by several factors, such as increasing adoption & proliferation of e-learning industry, extensive government initiatives towards growth of LMS, and growing inclination towards bringing your own device (BYOD) policy. However, lack of skilled trainers and instructors and high cost of implementation are the major restraining factors hindering the market growth.

Based on product offering, the overall LMS market is segmented into solutions and services. The LMS solutions market is further segmented into content management, performance management, and administration. Services comprise of training and support, implementation, strategy and consulting, and design & development. Corporate LMS solutions commanded the largest share of the overall learning management system market by user group and this segment is also expected to witness the fastest growth during the forecast period. The LMS applications are being accepted across verticals by organizations of all sizes as it provides robust features of training, analytics, and reporting. The corporate users implement LMS solutions as a tool for training and assessment of employees as well as to establish a better communication channel to broadcast instructions and suggestions to their workforce effectively.

On the basis of delivery mode, the distance learning segment is estimated to grow at the fastest CAGR during the forecast period. In recent years, digitization and proliferation of internet has led to a radical technological changes in the education sector. One of the most important changes in education sector is in the form of distance learning. Several educational institutions have created solutions to cater to increasing educational needs through the development of distance education programs. Schools and employers are recognizing that online courses can be just as effective as and sometimes more effective than classroom courses. Owing to several benefits, distance learning is expected to fuel the market throughout the forecast period.

Based on deployment type, the learning management system market is segmented into cloud-based solutions and on-premise solutions. Among these, the cloud-based LMS solutions market is expected show the fastest growth rate during the forecast period. The adoption of cloud-based LMS in the training and development structure is growing rapidly. Moreover, cost efficiency and scalability of such solutions also add value to cloud-based deployment model. Due to the aforementioned advantages, most of the vendors are switching from on-premises deployment mode to cloud-based solutions. Cloud-based LMS providers are actively delivering continual innovation with security in priority.

An in-depth analysis of the geographical scenario of the market provides detailed qualitative and quantitative insights about the LMS markt across five regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In 2019, North America region is estimated to command the largest share of the global learning management system market, followed by Europe and Asia Pacific. The large share of North America is mainly attributed to technological advancements in the learning methodologies in this region, availability of developed internet infrastructure, high adoption of technology, and presence of majority of established learning management system players and start-ups in the region. The increased usage of smartphones and internet services is further supporting the growth of the LMS market across these regions.

Key players operating in the global learning management system market are Cornerstone OnDemand (U.S.), SAP SE (Germany), McGraw Hill Education (U.S.), Skillsoft (U.S.), D2L Corporation (Canada), MPS Interactive (India), Adobe, Inc. (U.S.), Docebo (Canada), Saba Software (Canada), Blackboard (U.S.), Pearson (U.K), Epignosis (U.S.), IBM (U.S), Oracle Corporation (U.S.), and Absorbs Software LLC (Canada), among others.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary
3.1. Overview
3.2. Market Analysis, by Product
3.3. Market Analysis, by User Group
3.4. Market Analysis, by Delivery Mode
3.5. Market Analysis, by Deployment Type
3.6. Market Analysis, by Geography
3.7. Competitive Analysis

4. Market Insights
4.1. Introduction
4.2. Market Dynamics
4.2.1. Drivers
4.2.1.1. Rising Adoption and Proliferation of E-Learning Industry
4.2.1.2. Increasing Government Initiatives Promoting the Use of E-Learning Solutions and Learning Management Systems
4.2.1.3. Growing Inclination towards Bring Your Own Device Policy
4.2.2. Restraints
4.2.2.1. Reluctance Among Instructors to Adapt to New Technologies
4.2.3. Opportunities
4.2.3.1. Increase in Demand for Gamification in LMS
4.2.3.2. Use of AR & VR in LMS
4.2.4. Challenges
4.2.4.1. Lack of Skilled Trainer and Instructors / Hesitation in Adoption of New Technologies
4.2.4.2. High Cost of Implementation and Lack of Infrastructure
4.2.5. Trends
4.2.5.1. Emergence of S0cial Learning in LMS
4.2.5.2. Distance Learning to Dominate Market
4.2.6. Market Share Analysis

5. Learning Management System Market, by Product offering
5.1. Introduction
5.2. Solution
5.2.1. Content Management
5.2.2. Performance Management
5.2.3. Administration
5.3. Services
5.3.1. Training and Support
5.3.2. Implementation
5.3.3. Strategy and Consulting
5.3.4. Design and Development

6. Learning Management System Market, by User Group
6.1. Introduction
6.2. Education
6.2.1. K-12
6.2.2. Higher Education
6.3. Corporate
6.3.1. ICT
6.3.2. Retail
6.3.3. BFSI
6.3.4. Hospitality
6.3.5. Healthcare
6.3.6. Manufacturing
6.3.7. Government & Defence

7. Learning Management System Market, by Delivery Mode
7.1. Introduction
7.2. Distance Learning
7.3. Instructor Led Learning

8. Learning Management System Market, by Deployment Type
8.1. Introduction
8.2. Cloud
8.3. On Premise

9. Global Learning Management System Market, by Geography
9.1. Introduction
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.3. Europe
9.3.1. U.K.
9.3.2. Germany
9.3.3. France
9.3.4. Italy
9.3.5. Spain
9.3.6. Rest of Europe
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.4.4. Rest of Asia-Pacific (RoAPAC)
9.5. Latin America
9.6. Middle East & Africa

10. Competitive Landscape
10.1. Key Growth Strategies
10.2. Competitive Benchmarking
10.3. Competitive Developments
10.3.1. New Product Launches
10.3.2. Mergers and Acquisitions
10.3.3. Partnerships, Agreements, & Collaborations
10.3.4. Expansions

11. Company Profiles (Business Overview, Financial Overview, Product/Service Portfolio, Strategic Developments)
11.1. Cornerstone On Demand
11.2. SAP SE
11.3. McGraw-Hill Education Inc.
11.4. Skillsoft
11.5. D2l Corporation
11.6. MPS Interactive Systems
11.7. Adobe Inc.
11.8. Absorb Software Inc.
11.9. Pearson PLC
11.10. Saba Software Inc.
11.11. Docebo
11.12. Epignosis
11.13. Oracle Corporations
11.14. Moodle
11.15. Blackboard Inc.
11.16. IBM

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