Learning Management System (LMS) Market to hit $150 billion by 2028, Says Global Market Insights Inc.

Leading participants in the learning management systems market include 360Learning, Absorb LMS Software Inc., Adobe LMS, Articulate Global, LLC, Blackboard Inc., Braincert, Bridge LMS, Canvas LMS, Coassemble, CoreAchieve, D2L, Docebo, Edmodo , eFront, Goskills Ltd., IBM Corporation, iSpring Solutions Inc., Learnupon

Selbyville, Delaware, February 01, 2022 (GLOBE NEWSWIRE) –

The learning management systems (LMS) market is projected to exceed $ 150 billion by 2028, as reported in a research study by Global Market Insights Inc. With the increase in the number of COVID-19 cases along with blocking measures being undertaken, distance learning is gaining popularity globally. The expansion of learning resources and opportunities by solution providers will help educators deliver engaging experiences and engage distance learners through distance learning.

Generation Z students have more knowledge of the latest products than previous generations. This has also created a demand for a modern educational environment among students, including online and distance learning platforms. The government supports the implementation of the distance learning system. In August 2020, the United States Secretary of Education issued final rules to regulate distance learning in higher education and promote the requirements of a diverse student population.

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Corporate LMS is becoming increasingly crucial to a company’s success as improving employee skills and continually learning new technology trends has become a necessity to stay competitive. Business organizations benefit from LMS as it allows them to provide personalized training to their employees, saving time spent training staff. Companies are investing heavily in upgrading the skills of their current workforce while ensuring that the talent pool pipeline is maintained. Companies use online learning technologies to give employees the flexibility to take courses when it’s convenient for them. Large enterprise learning management systems (LMS) can help deliver advanced learning experiences to the entire business ecosystem.

The robust Internet infrastructure in Europe supports the adoption of LMS technology. Fast Internet ensures seamless connectivity that supports high-quality video to download and watch without significant buffering time. A solid telecommunications infrastructure in several European countries, including France, Italy and Germany, facilitates an enhanced mobile learning experience as content is streamed at high speed without delay. Government organizations have encouraged the installations of 5G towers for general economic development. This will further stimulate the growth of the LMS market. Government initiatives aimed at strengthening the country’s telecommunications infrastructure will also support the growth of the LMS sector. In March 2020, the government announced a $ 6 billion investment in the broadband sector.

Some of the key findings of the Learning Management Systems Market Report are:

  • The LMS market will expand due to increased competition among students to improve academic performance. To effectively understand the concepts, students are taking different courses from global market players. The active participation of subject matter experts in the design of LMS solutions and the diversification of available courses will favor the expansion of the market.

  • The growing awareness of the benefits of using an online learning management system for training programs will help market growth. It helps in managing all eLearning courses in one centralized location, in creating engaging and up-to-date teaching materials using various teaching categories, and in designing personalized learning paths for individuals.

  • LMS service providers are enhancing users’ e-learning experience by focusing on offering scalable and cost-effective learning solutions that can be easily deployed across recipients. LMS Consulting and Implementation Services enhance the learning program to increase the user base and platform scalability.

  • The market is seeing an increasing penetration of private schools that have comprehensive academic programs. This increases the demand for advanced LMS solutions offered by market players for K-12 students. Students sign up for various online courses designed according to the schedule followed by various teaching tips.

  • Large organizations are leveraging LMS to design online partner certification programs, provide support resources, use e-learning analytics to track partner progress, and reduce compliance risks by training relevant staff. Digital learning enables large enterprises to train the remote workforce, helping the growth of the learning management systems market.

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Partial chapters of the report summary (TOC):

Chapter 2 Executive Summary

2.1 Synopsis of the 360ยบ LMS sector, 2018 – 2028

2.1.1 Business performance

2.1.2 Regional trends

2.1.3 Distribution Trends

2.1.4 Performance of the delivery methods

2.1.5 End User Trends

2.1.6 Performance of suppliers

Chapter 3 Insights into the LMS sector

3.1 Segmentation of the sector

3.2 Impact of the coronavirus pandemic (COVID-19).

3.2.1 Global Perspectives

3.2.2 Regional perspective North America Europe Asia Pacific Latin America MEA

3.2.3 Industry value chain

3.2.4 Competitive landscape

3.3 Analysis of the industrial ecosystem

3.4 Technological and innovation landscape

3.5 Regulatory landscape

3.6 Impact forces of the sector

3.6.1 Growth factors

3.6.2 Pitfalls and challenges of the sector

3.7 Growth potential analysis

3.8 Porter’s analysis

3.9 PESTEL analysis

Information on insights into the global market

Global Market Insights Inc., headquartered in Delaware, USA, is a global market research and consulting services provider; offering syndicated and customized research reports along with growth advisory services. Our business intelligence and industry research reports provide clients with insightful insights and actionable market data specially designed and presented to aid strategic decision making. These comprehensive reports are designed using a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

CONTACT: Contact Us: Arun Hegde Corporate Sales, USA Global Market Insights Inc. Phone: 1-302-846-7766 Toll Free: 1-888-689-0688 Email: [email protected]

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