Learning Management System Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Learning Management System Market
The Learning Management System Market size was valued at USD 20.33 billion in 2023, and the market is now projected to grow from USD 23.35 billion in 2024 to USD 82.00 billion by 2032, exhibiting a CAGR of 17.0% during the forecast period of 2024-2032.
The world has face a total shutdown caused by COVID-19 pandemic. From school, colleges to every other educational institutions every thing was closed due to fear of virus spreading. This has increase the dependancy over the online learning platforms. The government of China instructed education providers to use the online learning platforms so that the student can have access to their education continuously and keep up with their learning process. This change was the driving factor for the Learning Management System Market Growth during lockdown.
The shift towards online learning is not only limited to individual choices and skill up program but most of the educational insinuations are leveraging the online learning with interactive tools such as AR and VR to enrich student engagement and learning experiences. These online platforms are offering various features such as content creation, distribution, and course administration. This enhances collaborative approach and improves learning environment. With this rising adoption the Leaning Management System Market Share is witnessing expansion and integration with AR and VR is gaining attention as well. This growing trend is letting people see more than any traditional system of studies and enhancing teaching and learning practices, giving students more engaging and effective educational experiences.
Millennials and Gen Zs is a future workforce and still a part of today’s work culture. They are more inclined to switch job as they face gap for most of the general skills. To overcome this challenge companies have changed their approach of training and shifted towards e-learning tools. These tools gives fast acquisition of practical skills, rising the popularity of LMS, with an offer of anytime access to training content, specially needed for corporate sector. The various benefits companies can have from these multichannel learning platforms such as flexibility and user-friendliness, makes learning more interesting and appealing.
Comprehensive Analysis of Learning Management System Market
The Learning Management System Market and Information & Communication Technology industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the technological management industry. These segmentations are methodically segregated By Component Analysis, By Deployment Analysis, By End-user Analysis, By Enterprise Type Analysis, and By Delivery Mode Analysis. The types of component include, Solutions, Services; Consulting Services, Implementation Services, & Support Services. Type of deployment includes On-Premise, & Cloud. The type of End-user includes; Academic: K-12, Higher Education, Corporate, BFSI, IT and Telecommunication, Healthcare, Retail, Manufacturing, Government, Energy and Utilities, Transportation, Others (Media and Entertainment and Defense), the type of enterprise includes; Small and Medium Enterprises (SMEs), & Large Enterprises, and the type of delivery includes Distance Learning, Instructor-led Training, & Blended Training.
The Edtech activities are rising in North America, putting the region in a dominating position. A Large number of universities and educational institutions are present in the region, creating ample opportunities for business expansion. This shift towards digital technology is allowing businesses to focus on implementing LMS on smartphones, where they are offering integrated employment training. In 2023, eLeap (U.S.) has introduces a new skill and competency management features in its LMS platform. This shift has revolutionised the market and how organisations are handling their employee training, improving workforce planning, and boost employee engagement.
The top players in the market play a crucial role in the communication and information industry assuring industrial prospectus growth and setting market standards. These players include, McGraw Hill (U.S.), D2L Corporation (Canada), SAP SE (Germany), Saba Software (U.S.), Absorb LMS Software Inc. (Canada), Blackboard Inc. (U.S.), Cornerstone OnDemand, Inc. (U.S.), Oracle Corporation (U.S.), IBM Corporation (U.S.), Paradiso Solutions LLC (U.S.), these market players provide a level-playing competitive landscape.
May 2023: An open-source learning management system, OpenLMS, has entered into a partnership with Ease Learning. This partnership’s aim is to integrate with Skillways, a skill assessment platform. This approach will resolve the learning and teaching challenges, as a result the strengthen skills-based learning outcomes.
Segmentation Table
Attribute Details
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Unit Value (USD Billion)
Growth Rate CAGR of 17.0% from 2024 to 2032
Segmentation By Component
Solutions
Services
- Consulting Services
- Implementation Services
- Support Services
By Deployment
On-Premise
Cloud
By End-user
Academic
- K-12
- Higher Education
Corporate
- BFSI
- IT and Telecommunication
- Healthcare
- Retail
- Manufacturing
- Government
- Energy and Utilities
- Transportation
- Others (Media and Entertainment and Defense)
By Enterprise Type
Small and Medium Enterprises (SMEs)
Large Enterprises
By Delivery Mode
Distance Learning
Instructor-led Training
Blended Training
By Region
North America (By Component, Deployment, End-user, Enterprise Type, Delivery Mode, and Country)
- U.S.
- Canada
Europe (By Component, Deployment, End-user, Enterprise Type, Delivery Mode, and Country)
- U.K.
- Germany
- France
- Italy
- Spain
- Scandinavia
- Rest of Europe
Asia Pacific (By Component, Deployment, End-user, Enterprise Type, Delivery Mode, and Country)
- China
- Japan
- India
- Australia
- Southeast Asia
- Rest of Asia Pacific
Middle East & Africa (By Component, Deployment, End-user, Enterprise Type, Delivery Mode, and Country)
- GCC
- South Africa
- Rest of the Middle East & Africa
Latin America (By Component, Deployment, End-user, Enterprise Type, Delivery Mode, and Country)
- Brazil
- Mexico
- Rest of Latin America
Please Note: It will take 2-3 business days to complete the report upon order confirmation.
- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of AI
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global Learning Management System Key Players Market Share/Ranking, 2023
- 5. Global Learning Management System (LMS) Market Size Estimates and Forecasts, By Segments, 2019-2032
- 5.1. Key Findings
- 5.2. By Component (USD)
- 5.2.1. Solutions
- 5.2.2. Services
- 5.2.2.1. Consulting Services
- 5.2.2.2. Implementation Services
- 5.2.2.3. Support Services
- 5.3. By Deployment (USD)
- 5.3.1. On-Premise
- 5.3.2. Cloud
- 5.4. By End-user (USD)
- 5.4.1. Academic
- 5.4.1.1. K-12
- 5.4.1.2. Higher Education
- 5.4.2. Corporate
- 5.4.2.1. BFSI
- 5.4.2.2. IT and Telecom
- 5.4.2.3. Healthcare
- 5.4.2.4. Retail
- 5.4.2.5. Manufacturing
- 5.4.2.6. Government
- 5.4.2.7. Energy & Utilities
- 5.4.2.8. Transportation
- 5.4.2.9. Others
- 5.5. By Enterprise Type (USD)
- 5.5.1. SMEs
- 5.5.2. Large Enterprises
- 5.6. By Delivery Mode (USD)
- 5.6.1. Distance Learning
- 5.6.2. Instructor-led Training
- 5.6.3. Blended Training
- 5.7. By Region (USD)
- 5.7.1. North America
- 5.7.2. Europe
- 5.7.3. Asia Pacific
- 5.7.4. Middle East & Africa
- 5.7.5. Latin America
- 6. North America Learning Management System (LMS) Market Size Estimates and Forecasts, By Segments, 2019-2032
- 6.1. Key Findings
- 6.2. By Component (USD)
- 6.2.1. Solutions
- 6.2.2. Services
- 6.2.2.1. Consulting Services
- 6.2.2.2. Implementation Services
- 6.2.2.3. Support Services
- 6.3. By Deployment (USD)
- 6.3.1. On-Premise
- 6.3.2. Cloud
- 6.4. By End-user (USD)
- 6.4.1. Academic
- 6.4.1.1. K-12
- 6.4.1.2. Higher Education
- 6.4.2. Corporate
- 6.4.2.1. BFSI
- 6.4.2.2. IT and Telecom
- 6.4.2.3. Healthcare
- 6.4.2.4. Retail
- 6.4.2.5. Manufacturing
- 6.4.2.6. Government
- 6.4.2.7. Energy & Utilities
- 6.4.2.8. Transportation
- 6.4.2.9. Others
- 6.5. By Enterprise Type (USD)
- 6.5.1. SMEs
- 6.5.2. Large Enterprises
- 6.6. By Delivery Mode (USD)
- 6.6.1. Distance Learning
- 6.6.2. Instructor-led Training
- 6.6.3. Blended Training
- 6.7. By Country (USD)
- 6.7.1. United States
- 6.7.2. Canada
- 7. Europe Learning Management System Market Size Estimates and Forecasts, By Segments, 2019-2032
- 7.1. Key Findings
- 7.2. By Component (USD)
- 7.2.1. Solutions
- 7.2.2. Services
- 7.2.2.1. Consulting Services
- 7.2.2.2. Implementation Services
- 7.2.2.3. Support Services
- 7.3. By Deployment (USD)
- 7.3.1. On-Premise
- 7.3.2. Cloud
- 7.4. By End-user (USD)
- 7.4.1. Academic
- 7.4.1.1. K-12
- 7.4.1.2. Higher Education
- 7.4.2. Corporate
- 7.4.2.1. BFSI
- 7.4.2.2. IT and Telecom
- 7.4.2.3. Healthcare
- 7.4.2.4. Retail
- 7.4.2.5. Manufacturing
- 7.4.2.6. Government
- 7.4.2.7. Energy & Utilities
- 7.4.2.8. Transportation
- 7.4.2.9. Others
- 7.5. By Enterprise Type (USD)
- 7.5.1. SMEs
- 7.5.2. Large Enterprises
- 7.6. By Delivery Mode (USD)
- 7.6.1. Distance Learning
- 7.6.2. Instructor-led Training
- 7.6.3. Blended Training
- 7.7. By Country (USD)
- 7.7.1. United Kingdom
- 7.7.2. Germany
- 7.7.3. France
- 7.7.4. Italy
- 7.7.5. Spain
- 7.7.6. Scandinavia
- 7.7.7. Rest of Europe
- 8. Asia Pacific Learning Management System (LMS) Market Size Estimates and Forecasts, By Segments, 2019-2032
- 8.1. Key Findings
- 8.2. By Component (USD)
- 8.2.1. Solutions
- 8.2.2. Services
- 8.2.2.1. Consulting Services
- 8.2.2.2. Implementation Services
- 8.2.2.3. Support Services
- 8.3. By Deployment (USD)
- 8.3.1. On-Premise
- 8.3.2. Cloud
- 8.4. By End-user (USD)
- 8.4.1. Academic
- 8.4.1.1. K-12
- 8.4.1.2. Higher Education
- 8.4.2. Corporate
- 8.4.2.1. BFSI
- 8.4.2.2. IT and Telecom
- 8.4.2.3. Healthcare
- 8.4.2.4. Retail
- 8.4.2.5. Manufacturing
- 8.4.2.6. Government
- 8.4.2.7. Energy & Utilities
- 8.4.2.8. Transportation
- 8.4.2.9. Others
- 8.5. By Enterprise Type (USD)
- 8.5.1. SMEs
- 8.5.2. Large Enterprises
- 8.6. By Delivery Mode (USD)
- 8.6.1. Distance Learning
- 8.6.2. Instructor-led Training
- 8.6.3. Blended Training
- 8.7. By Country (USD)
- 8.7.1. China
- 8.7.2. India
- 8.7.3. Japan
- 8.7.4. Australia
- 8.7.5. South East Asia
- 8.7.6. Rest of Asia Pacific
- 9. Middle East & Africa Learning Management System (LMS) Market Size Estimates and Forecasts, By Segments, 2019-2032
- 9.1. Key Findings
- 9.2. By Component (USD)
- 9.2.1. Solutions
- 9.2.2. Services
- 9.2.2.1. Consulting Services
- 9.2.2.2. Implementation Services
- 9.2.2.3. Support Services
- 9.3. By Deployment (USD)
- 9.3.1. On-Premise
- 9.3.2. Cloud
- 9.4. By End-user (USD)
- 9.4.1. Academic
- 9.4.1.1. K-12
- 9.4.1.2. Higher Education
- 9.4.2. Corporate
- 9.4.2.1. BFSI
- 9.4.2.2. IT and Telecom
- 9.4.2.3. Healthcare
- 9.4.2.4. Retail
- 9.4.2.5. Manufacturing
- 9.4.2.6. Government
- 9.4.2.7. Energy & Utilities
- 9.4.2.8. Transportation
- 9.4.2.9. Others
- 9.5. By Enterprise Type (USD)
- 9.5.1. SMEs
- 9.5.2. Large Enterprises
- 9.6. By Delivery Mode (USD)
- 9.6.1. Distance Learning
- 9.6.2. Instructor-led Training
- 9.6.3. Blended Training
- 9.7. By Country (USD)
- 9.7.1. GCC
- 9.7.2. South Africa
- 9.7.3. Rest of MEA
- 10. Latin America Learning Management System (LMS) Market Size Estimates and Forecasts, By Segments, 2019-2032
- 10.1. Key Findings
- 10.2. By Component (USD)
- 10.2.1. Solutions
- 10.2.2. Services
- 10.2.2.1. Consulting Services
- 10.2.2.2. Implementation Services
- 10.2.2.3. Support Services
- 10.3. By Deployment (USD)
- 10.3.1. On-Premise
- 10.3.2. Cloud
- 10.4. By End-user (USD)
- 10.4.1. Academic
- 10.4.1.1. K-12
- 10.4.1.2. Higher Education
- 10.4.2. Corporate
- 10.4.2.1. BFSI
- 10.4.2.2. IT and Telecom
- 10.4.2.3. Healthcare
- 10.4.2.4. Retail
- 10.4.2.5. Manufacturing
- 10.4.2.6. Government
- 10.4.2.7. Energy & Utilities
- 10.4.2.8. Transportation
- 10.4.2.9. Others
- 10.5. By Enterprise Type (USD)
- 10.5.1. SMEs
- 10.5.2. Large Enterprises
- 10.6. By Delivery Mode (USD)
- 10.6.1. Distance Learning
- 10.6.2. Instructor-led Training
- 10.6.3. Blended Training
- 10.7. By Country (USD)
- 10.7.1. Brazil
- 10.7.2. Mexico
- 10.7.3. Rest of Latin America
- 11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 11.1. McGraw Hill
- 11.1.1. Overview
- 11.1.1.1. Key Management
- 11.1.1.2. Headquarters
- 11.1.1.3. Offerings/Business Segments
- 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.1.2.1. Employee Size
- 11.1.2.2. Past and Current Revenue
- 11.1.2.3. Geographical Share
- 11.1.2.4. Business Segment Share
- 11.1.2.5. Recent Developments
- 11.2. D2L Corporation
- 11.2.1. Overview
- 11.2.1.1. Key Management
- 11.2.1.2. Headquarters
- 11.2.1.3. Offerings/Business Segments
- 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.2.2.1. Employee Size
- 11.2.2.2. Past and Current Revenue
- 11.2.2.3. Geographical Share
- 11.2.2.4. Business Segment Share
- 11.2.2.5. Recent Developments
- 11.3. SAP SE
- 11.3.1. Overview
- 11.3.1.1. Key Management
- 11.3.1.2. Headquarters
- 11.3.1.3. Offerings/Business Segments
- 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.3.2.1. Employee Size
- 11.3.2.2. Past and Current Revenue
- 11.3.2.3. Geographical Share
- 11.3.2.4. Business Segment Share
- 11.3.2.5. Recent Developments
- 11.4. Saba Software
- 11.4.1. Overview
- 11.4.1.1. Key Management
- 11.4.1.2. Headquarters
- 11.4.1.3. Offerings/Business Segments
- 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.4.2.1. Employee Size
- 11.4.2.2. Past and Current Revenue
- 11.4.2.3. Geographical Share
- 11.4.2.4. Business Segment Share
- 11.4.2.5. Recent Developments
- 11.5. Absorb LMS Software Inc.
- 11.5.1. Overview
- 11.5.1.1. Key Management
- 11.5.1.2. Headquarters
- 11.5.1.3. Offerings/Business Segments
- 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.5.2.1. Employee Size
- 11.5.2.2. Past and Current Revenue
- 11.5.2.3. Geographical Share
- 11.5.2.4. Business Segment Share
- 11.5.2.5. Recent Developments
- 11.6. Blackboard Inc.
- 11.6.1. Overview
- 11.6.1.1. Key Management
- 11.6.1.2. Headquarters
- 11.6.1.3. Offerings/Business Segments
- 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.6.2.1. Employee Size
- 11.6.2.2. Past and Current Revenue
- 11.6.2.3. Geographical Share
- 11.6.2.4. Business Segment Share
- 11.6.2.5. Recent Developments
- 11.7. Oracle Corporation
- 11.7.1. Overview
- 11.7.1.1. Key Management
- 11.7.1.2. Headquarters
- 11.7.1.3. Offerings/Business Segments
- 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.7.2.1. Employee Size
- 11.7.2.2. Past and Current Revenue
- 11.7.2.3. Geographical Share
- 11.7.2.4. Business Segment Share
- 11.7.2.5. Recent Developments
- 11.8. IBM Corporation
- 11.8.1. Overview
- 11.8.1.1. Key Management
- 11.8.1.2. Headquarters
- 11.8.1.3. Offerings/Business Segments
- 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.8.2.1. Employee Size
- 11.8.2.2. Past and Current Revenue
- 11.8.2.3. Geographical Share
- 11.8.2.4. Business Segment Share
- 11.8.2.5. Recent Developments
- 11.9. Paradiso Solutions LLC
- 11.9.1. Overview
- 11.9.1.1. Key Management
- 11.9.1.2. Headquarters
- 11.9.1.3. Offerings/Business Segments
- 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.9.2.1. Employee Size
- 11.9.2.2. Past and Current Revenue
- 11.9.2.3. Geographical Share
- 11.9.2.4. Business Segment Share
- 11.9.2.5. Recent Developments
- 11.10. Cornerstone OnDemand, Inc.
- 11.10.1. Overview
- 11.10.1.1. Key Management
- 11.10.1.2. Headquarters
- 11.10.1.3. Offerings/Business Segments
- 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.10.2.1. Employee Size
- 11.10.2.2. Past and Current Revenue
- 11.10.2.3. Geographical Share
- 11.10.2.4. Business Segment Share
- 11.10.2.5. Recent Developments
- 12. Key Takeaways
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook