According
to a new market research study titled 'LMS Market to 2025 - Global Analysis and
Forecast by Deployment Model, Delivery Model and End-users, the global LMS
market was valued at US$ 5.05 Bn in 2016 and is estimated to reach US$ 18.44 Bn
by 2025. The report highlights the trends that are prevalent in the global
market and the factors that act as barrier to the growth of LMS market.
By the end of 2016, the cloud computing industry had achieved significant
adoption across all the major industries worldwide. Owing to this trend the
companies are anticipated to produce high quality service which also includes
learning management system. The IT expenditure since part 2-3 years have
significantly shifted from traditional IT offerings to cloud services.
Moreover, this spending is estimated to go beyond US$ 1 Tn within next five
years, making cloud computing as one of the most disruptive forces of IT
spending. This trend is has also impacted the LMS service providers and
transformed the cloud LMS providers as the most exciting group in the LMS
industry. The rising shift of industries towards cloud adoption is expected to
drive the cloud LMS substantially during the forecasted period.
LMS market is driven by factors such as adoption in higher education,
government initiatives for e-learning, and rising focus of enterprises on
training & development. However, data security and privacy issue, and
inadequate cloud infrastructure in certain regions of developing and
underdeveloped countries is expected to obstruct the global market growth.
The global market for LMS has been segmented on the basis of deployment model
of LMSs, which includes cloud and on-premise. Also, on the basis of delivery
model, the market is categorized into distance learning, instructor-led
training and others. The instructor led training market segment is anticipated
to dominate during the forecast period owing to increasing learning &
training investments of the enterprises worldwide. Furthermore, the market has
been analyzed on the basis of end-user including, K-12, higher education, and
corporate. The geographical segment is bifurcated into North America, Europe,
Asia Pacific, Middle East & Africa and South America.
In 2016, China led the LMS market in APAC and is likely to register a CAGR of
22.84% during the forecast period 2017 to 2025. The country's favorable
government initiatives and rising population are expected to propel the market
growth. The report profiles major players such as Cornerstone Ondemand, Inc.,
Docebo, IBM Corporation, Netdimensions Ltd., SAP SE, Blackboard Inc., SABA
Software, Inc., Mcgraw-Hill Education, Inc., Pearson Plc, and D2L Corporation.
The report segments the global LMS market as follows:
Global LMS Market - By Deployment Model
Cloud
On-Premise
Global LMS Market - By Delivery Model
Distance Learning
Instructor-Led Training
Others
Global LMS Market - By End-Users
K-12
Higher Education
Corporate
Global LMS Market - By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
U.K
Asia Pacific (APAC)
Japan
China
India
Australia
Middle East & Africa (MEA)
Saudi Arabia
U.A.E.
South Africa
South America (SAM)
Brazil