Corporate Learning Management System (LMS) Market Forecasts to 2030 – Global Analysis By Learning Mode (Distance Learning, Instructor-Led Training, Blended Learning and Other Learning Modes), Offering (Solutions, Services, Software and Technology and Othe

Corporate Learning Management System (LMS) Market Forecasts to 2030 – Global Analysis By Learning Mode (Distance Learning, Instructor-Led Training, Blended Learning and Other Learning Modes), Offering (Solutions, Services, Software and Technology and Other Offerings), Deployment Mode, Organization Size, Application, End User and By Geography


According to Stratistics MRC, the Global Corporate Learning Management System (LMS) Market is accounted for $10.4 billion in 2023 and is expected to reach $60.4 billion by 2030 growing at a CAGR of 28.54% during the forecast period. A corporate learning management system (CLMS) is software used to offer online courses and other learning content to employees. The management system assists in onboarding new employees while providing them with the knowledge and abilities needed to carry out their responsibilities and, ultimately, grow in their careers. It provides a variety of online documents in order to efficiently manage employees' progress and monitor their execution.

According to the 2020 Capterra report, 64% of k-12 schools and 36% of higher education colleges or universities are using Learning Management System in 2020. Such rapid surge in the adoption of LMS across K-12 is projected to drive the market.

Market Dynamics

Driver

Due to growing demand for skill-based and goal-driven training to improve employee performance

Corporate LMS ensures that employees receive customized and job-specific training to help them better grasp their job and duties. Corporate training is critical to acquiring new skills, increasing productivity, and performing better, whether firms are onboarding new candidates or upskilling current personnel. Every organization has to promote a culture of continuous learning among its employees. Companies that engage in corporate training might realize considerable increases in productivity. Many businesses face big challenges in establishing long-term operational efficiency. Training is essential for human resource development as it assists individuals in developing their abilities and contributing to an organization. It can also assist the corporation in achieving more consistency in process adherence, allowing it to accomplish corporate goals and targets. As a result, businesses are implementing corporate LMS solutions to improve and upskill their employees' performance, which can help fuel market growth.

Restraint

Lack of LMS solutions owing to support of multiple languages

For students whose first language is not English, language might be a hurdle. According to Statista, approximately 18% of the world's population will speak English in 2022. LMS vendors must provide multiple-language support for diverse areas in scenarios like this. For example, English is only the third most widely spoken language, with Chinese being the most widely spoken, followed by Spanish. Some kids may be unable to actively participate in class, interact with friends, or learn to their full capacity due to a lack of vocabulary and language abilities. As a result, corporate LMS vendors must overcome this obstacle in order to assist students with ease and empower them to have a positive and meaningful learning experience.

Opportunity

Integration of modern technologies

To improve the experience of their learners, businesses across industries are integrating innovative technologies such as AR, VR, AI, and gamification into their training and development programs. Furthermore, mobile technology has transformed how content is distributed to students. Vendors are developing mobile-based microlearning solutions that allow learners to access content on the go. Using AR and VR technologies in employee training makes learning more interesting and efficient for busy personnel. These technologies enable businesses to provide learners with an immersive and better learning experience, resulting in increased substance retention.

Threat

Enterprises' reluctance to adapt existing training content into microcontent

Though microlearning has several advantages, such as making it easier to produce and update courses, improving employees' productivity and efficiency, and increasing employee engagement, Many industries have their own training and development courses for employees, which they deliver to the workforce through classroom learning. In terms of subjects addressed and sub-modules, these detailed courses or programs might be immense. Organizations are hesitant to invest large sums in converting existing training programs into microcontent because the process can be costly and time-consuming.

Covid-19 Impact

People are unable to work from home because of COVID-19. As a result, firms are feeling the need to change their training platforms in response to shifting requirements. Many institutes or businesses with existing LMSs are looking for more configurable LMSs that can easily interface with their existing systems. The COVID-19 outbreak has increased the demand for SMEs to adopt cloud-based solutions. SMEs wanted efficient and effective LMS solutions and services to train their personnel on new technologies and platforms. In comparison to on-premises LMS solutions, cloud- and SaaS-based LMS are gaining traction in the SME market sector due to their many capabilities, low cost, and accessibility.

The cloud segment is expected to be the largest during the forecast period

Cloud deployment is predicted to account for the largest share of the corporate LMS market throughout the forecast period. Many corporate LMS users support cloud installation due to its cost-effectiveness and associated benefits. However, cloud deployment is extremely scalable, dynamic, and cost-effective, with a pay-per-use model based on end-user requirements. These elements are enhancing the segments growth.

The retail segment is expected to have the highest CAGR during the forecast period

Retail segment is estimated to witness profitable growth over the market projected period. Retail businesses require eLearning solutions that satisfy all of their training requirements while saving time and money. This vertical has the highest employee turnover rate, with a constant need for new personnel, increasing the need to train these new hires in a short amount of time. Additionally, managers meet these requirements using eLearning, webinars, and blended learning. A corporate LMS enables managers to successfully instruct employees and track training activities.

Region with largest share

Due to the increase in the network infrastructure, it provides the most innovative and fastest services available across the globe. Therefore, the North American region is projected to command the largest share of the market throughout the forecasted time frame. North America has additionally witnessed the early adoption of cloud and mobile technology, which has been a big motivator for companies to implement corporate LMS solutions to improve employee efficiency and productivity. Moreover, the region has a complex communication system, which enables corporate LMS solution providers to provide high-quality services to their clients.

Region with highest CAGR

Owing to the increased use of eLearning tools and technological advances in learning strategies, Asia Pacific (APAC) is expected to expand at a rapid pace over the extrapolated period. APAC companies want to improve their ROI on workforce development, assess their employee learning needs, provide proper employee training, and achieve accessible business objectives. However, the region's growth is being boosted by the rise of international businesses and the growing demand for corporate training solutions.

Key players in the market

Some of the key players in Corporate Learning Management System (LMS) market include Absorb Software, Adobe Systems, Aptara, Bigtincan Holdings Ltd, Blackboard, City & Guilds Group, Cornerstone Ondemand, Desire2Learn, Docebo, Growth Engineering, HealthStream Inc, IBM, Oracle, Saba Software, SAP, Schoology, Skillsoft Corp and Tata Interactive Systems.

Key Developments

In September 2022, Cornerstone OnDemand collaborated with BBVA to develop and enhance its employee growth strategies and manage various talent areas, including recruitment, assessment, learning, and mobility.

In July 2022, Blackboard launched Anthology Intelligent Experiences that will create interactive moments by breaking down data silos and combining insights across critical systems to inform more relevant engagement between staff, faculty, and learners.

In April 2022, Instructure acquired Concentric Sky which is the makers of Badgr. Under this deal, Badgr will be rebranded as “Canvas Badges” as it joins the Instructure Learning Platform. Canvas LMS customers can also upgrade to Badgr Pro’s advanced suite of tools in new “Canvas Credentials,” offering unlimited badging, leaderboards, analytics, and personalized pathway progress visualizations.

Learning Modes Covered
• Distance Learning
• Instructor-Led Training
• Blended Learning
• Other Learning Modes

Offerings Covered
• Solutions
• Services
• Software and Technology
• Other Offerings

Deployment Modes Covered
• On Premises
• Cloud

Organization Sizes Covered
• Large Enterprises
• Small and Medium Sized Enterprises

Applications Covered
• Healthcare
• Banking, Financial Services and Insurance
• Telecommunications
• Other Applications

End Users Covered
• Retail
• Government & Defense
• Manufacturing
• Other End Users

Regions Covered
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Corporate Learning Management System (LMS) Market, By Learning Mode
5.1 Introduction
5.2 Distance Learning
5.3 Instructor-Led Training
5.4 Blended Learning
5.5 Other Learning Modes
6 Global Corporate Learning Management System (LMS) Market, By Offering
6.1 Introduction
6.2 Solutions
6.2.1 Integrated Solutions
6.2.2 Standalone Solutions
6.3 Services
6.3.1 Support Services
6.3.2 Implementation Services
6.3.3 Consulting Services
6.4 Software and Technology
6.5 Other Offerings
7 Global Corporate Learning Management System (LMS) Market, By Deployment Mode
7.1 Introduction
7.2 On Premises
7.3 Cloud
8 Global Corporate Learning Management System (LMS) Market, By Organization Size
8.1 Introduction
8.2 Large Enterprises
8.3 Small and Medium Sized Enterprises
9 Global Corporate Learning Management System (LMS) Market, By Application
9.1 Introduction
9.2 Healthcare
9.3 Banking, Financial Services and Insurance
9.4 Telecommunications
9.5 Other Applications
10 Global Corporate Learning Management System (LMS) Market, By End User
10.1 Introduction
10.2 Retail
10.3 Government & Defense
10.4 Manufacturing
10.5 Other End Users
11 Global Corporate Learning Management System (LMS) Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Absorb Software
13.2 Adobe Systems
13.3 Aptara
13.4 Bigtincan Holdings Ltd
13.5 Blackboard
13.6 City & Guilds Group
13.7 Cornerstone Ondemand
13.8 Desire2Learn
13.9 Docebo
13.10 Growth Engineering
13.11 HealthStream Inc
13.12 IBM
13.13 Oracle
13.14 Saba Software
13.15 SAP
13.16 Schoology
13.17 Skillsoft Corp
13.18 Tata Interactive Systems
List of Tables
Table 1 Global Corporate Learning Management System (LMS) Market Outlook, By Region (2021-2030) ($MN)
Table 2 Global Corporate Learning Management System (LMS) Market Outlook, By Learning Mode (2021-2030) ($MN)
Table 3 Global Corporate Learning Management System (LMS) Market Outlook, By Distance Learning (2021-2030) ($MN)
Table 4 Global Corporate Learning Management System (LMS) Market Outlook, By Instructor-Led Training (2021-2030) ($MN)
Table 5 Global Corporate Learning Management System (LMS) Market Outlook, By Blended Learning (2021-2030) ($MN)
Table 6 Global Corporate Learning Management System (LMS) Market Outlook, By Other Learning Modes (2021-2030) ($MN)
Table 7 Global Corporate Learning Management System (LMS) Market Outlook, By Offering (2021-2030) ($MN)
Table 8 Global Corporate Learning Management System (LMS) Market Outlook, By Solutions (2021-2030) ($MN)
Table 9 Global Corporate Learning Management System (LMS) Market Outlook, By Integrated Solutions (2021-2030) ($MN)
Table 10 Global Corporate Learning Management System (LMS) Market Outlook, By Standalone Solutions (2021-2030) ($MN)
Table 11 Global Corporate Learning Management System (LMS) Market Outlook, By Services (2021-2030) ($MN)
Table 12 Global Corporate Learning Management System (LMS) Market Outlook, By Support Services (2021-2030) ($MN)
Table 13 Global Corporate Learning Management System (LMS) Market Outlook, By Implementation Services (2021-2030) ($MN)
Table 14 Global Corporate Learning Management System (LMS) Market Outlook, By Consulting Services (2021-2030) ($MN)
Table 15 Global Corporate Learning Management System (LMS) Market Outlook, By Software and Technology (2021-2030) ($MN)
Table 16 Global Corporate Learning Management System (LMS) Market Outlook, By Other Offerings (2021-2030) ($MN)
Table 17 Global Corporate Learning Management System (LMS) Market Outlook, By Deployment Mode (2021-2030) ($MN)
Table 18 Global Corporate Learning Management System (LMS) Market Outlook, By On Premises (2021-2030) ($MN)
Table 19 Global Corporate Learning Management System (LMS) Market Outlook, By Cloud (2021-2030) ($MN)
Table 20 Global Corporate Learning Management System (LMS) Market Outlook, By Organization Size (2021-2030) ($MN)
Table 21 Global Corporate Learning Management System (LMS) Market Outlook, By Large Enterprises (2021-2030) ($MN)
Table 22 Global Corporate Learning Management System (LMS) Market Outlook, By Small and Medium Sized Enterprises (2021-2030) ($MN)
Table 23 Global Corporate Learning Management System (LMS) Market Outlook, By Application (2021-2030) ($MN)
Table 24 Global Corporate Learning Management System (LMS) Market Outlook, By Healthcare (2021-2030) ($MN)
Table 25 Global Corporate Learning Management System (LMS) Market Outlook, By Banking, Financial Services and Insurance (2021-2030) ($MN)
Table 26 Global Corporate Learning Management System (LMS) Market Outlook, By Telecommunications (2021-2030) ($MN)
Table 27 Global Corporate Learning Management System (LMS) Market Outlook, By Other Applications (2021-2030) ($MN)
Table 28 Global Corporate Learning Management System (LMS) Market Outlook, By End User (2021-2030) ($MN)
Table 29 Global Corporate Learning Management System (LMS) Market Outlook, By Retail (2021-2030) ($MN)
Table 30 Global Corporate Learning Management System (LMS) Market Outlook, By Government & Defense (2021-2030) ($MN)
Table 31 Global Corporate Learning Management System (LMS) Market Outlook, By Manufacturing (2021-2030) ($MN)
Table 32 Global Corporate Learning Management System (LMS) Market Outlook, By Other End Users (2021-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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
Cookie Settings