Global Corporate Learning Management Systems Market to Reach $50.1 Billion by 2030
The global market for Corporate Learning Management Systems estimated at US$11.3 Billion in the year 2023, is expected to reach US$50.1 Billion by 2030, growing at a CAGR of 23.7% over the period 2023-2030. Corporate Learning Management Solutions, one of the segments analyzed in the report, is expected to record 23% CAGR and reach US$32.3 Billion by the end of the analysis period. Growth in the Corporate Learning Management Services segment is estimated at 25% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.9 Billion, While China is Forecast to Grow at 29.7% CAGR
The Corporate Learning Management Systems market in the U.S. is estimated at US$2.9 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$13.8 Billion by the year 2030 trailing a CAGR of 29.7% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.9% and 21% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 19.5% CAGR.
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