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Learning Management System (LMS) Market - Growth, Trends, And Forecast (2020 - 2025)

Published on: Jan 2020 | From USD $4250 | Published By: MORDOR INTELLIGENCE | Number Of Pages: 120

Market Overview

Learning management system market is expected to reach USD 31.44 billion by 2025, at a CAGR of 23.8%. 

- Adoption of BYOD policies by corporates is driving the market growth. Globally, organizations are opting e-learning services for educating and training their employees owing to the incurring expenses of the traditional teaching methods. The increased compatibility of learning management system with mobile devices and social learning have mandated the corporates to adopt BYOD culture.
- As e-learning is evolving, there is a need for skilled workforce to further develop the services and tools. In a report titled 'The Future of Jobs 2018', the World Economic Forum (WEF) said around 54 % of the global workforce had to be re-skilled or up-skilled to work in disruptive and digital technologies spawning the virtual world.

Scope of the Report

Online learning management systems are typically used in the business and education sectors, be it distance learning or instructor-lead Partnerships with popular software and messaging platforms are making LMS in the corporate setting more and more common.It simplifies things for both learners and trainers by making it easy to create, deliver, and consume course content.

Key Market Trends

Distance-Learning to Dominate the Market

- According to 2019 Online Trends in Education Report, 69% of online students identified employment as their primary goal for entering a program.
- Colleges are also offering distance learning program to cater to all demographics, irrespective of location. As students with more diverse characteristics enter online programs, schools must provide services that meet a wider variety of student needs.
- Students prefer distance learning because they can set their pace of study and also it costs less.
- Flexibility of learning is the major factor which is leading to students and corporates opting for distance education thereby significantly driving the market growth.

North America to Witness Highest Growth

- The driving factor for the growth of LMS market in North America is the presence of LMS platform pioneers like Docebo and iSpring, which are successful in offering their services to big and SMEs.
- The 2017 UNESCO report on mobile learning initiatives and policy implications in America indicated that mobile learning efforts in Canada and the United States are generally school or district led.
- Samsung’s North American Regional Head Office, in collaboration with Discovery Education, an NGO dedicated to coding education, offers an extra-curricular program to fourth and fifth-grade girls. Offering a wide range of hands-on computer programming and electronic training activities, emPOWER Tomorrow helps girls develop an interest in science, technology, and coding.

Competitive Landscape

The market is concentrated with existing vendors rolling out latest version and new offering of their LMS software for both corporate and academic purpose.

- May 2019 - D2L introduced 'Indigo', the latest version of its Brightspace learning platform which empowers employees to take control of their own learning paths in a competitive global economy.
- March 2019 - Blackboard announced that the University of Ferrara (Unife) implemented Blackboard Collaborate to enhance its online teaching and learning offering. Through Blackboard Collaborate, Unife is providing up to 13 virtual classrooms every day, for a total of 70 hours of online lessons.
- February 2019 - McGraw-Hill launched SmartBook 2.0 as a major enhancement of its market-leading McGraw-Hill Connect learning platform. It is an adaptive learning engine, which helps students to achieve at higher rates.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
- Report customization as per the client's requirements
- 3 months of analyst support

1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Adoption of BYOD Policies by Corporates is Driving the Market Growth
4.4 Market Restraints
4.4.1 Lack of Skilled Workforce to Further Develop the LMS
4.5 Industry Attractiveness - Porter's Five Force Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By User Type
5.1.1 Academic
5.1.2 Corporate
5.2 By Deployment Model
5.2.1 Cloud-based
5.2.2 On-Premise
5.3 By Delivery Mode
5.3.1 Distance Learning
5.3.2 Instructor-Led Training
5.4 By Application
5.4.1 Administration
5.4.2 Content Management
5.4.3 Performance Management
5.4.4 Others
5.5 Geography
5.5.1 North America
5.5.2 Europe
5.5.3 Asia-Pacific
5.5.4 Latin America
5.5.5 Middle East & Africa

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Blackboard, Inc.
6.1.2 Cornerstone Ondemand, Inc.
6.1.3 D2L Corporation
6.1.4 IBM Corporation
6.1.5 McGraw-Hill Companies
6.1.6 Oracle Corporation
6.1.7 Pearson PLC
6.1.8 SABA Software, Inc.
6.1.9 SAP SE
6.1.10 Xerox Corporation

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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