Learning management system (LMS) provides a complete solution package of various e-learning applications such as employee training & orientation, knowledge retention, education, and others. Moreover, cost-saving cloud deployment model has given rise to the adoption of LMS solution among various user types including academic and enterprises.
Growth in demand for enhanced training module among enterprises, e-learning platforms, and increase in ICT expenditure drive the LMS market. However, lack of awareness and inadequate IT infrastructure in underdeveloped nations including Chile, Egypt, Nigeria, Iran, and others are expected to hinder the market growth. The global learning management system (LMS) market is segmented based on deployment model, user type, industry vertical, and region. Based on deployment model, it is categorized into cloud and on-premise deployment models. By user type, it is divided into academic and enterprises. The industry vertical segment includes government & education, retail, healthcare, it & telecom, manufacturing, hospitality, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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The major players operating in the global Learning management system (LMS) market include Blackboard Inc., CrossKnowledge, JZero Solutions Ltd, Litmos Limited, Oracle Corporation, Paradiso Solutions, Saba Software, Inc., SAP SE, SumTotal Systems, LLC, and TalentLMS.
The passage highlights the trend of governmental organizations increasing their maintenance budgets for system infrastructure while also investing in initiatives for project development, modernization, and enhancement. This has led to the success of investments and an increase in the annual funding set aside by ICT vendors for the growth of the online market. The passage also mentions the anticipated increase in global ICT exports, which are expected to rise by an average of 3.9% yearly from US$ 784.3 billion in 2021 to US$ 955.19 billion in 2030. The global supply of ICT has increased by 9.5% yearly since 2009.
In terms of global ICT exports in 2021, Ireland ranked first with US$ 169.32 billion, followed by the United States at number 2, India at number 3, and China at number 4. The passage also notes the significant increase in Brunei’s global ICT exports by 228.2% year over year since 2009, while Sierra Leone’s global ICT exports have decreased by 61.7% year over year in the same period. Overall, the passage highlights the growth and potential of the global ICT market, driven by increased investments and funding for infrastructure and project development.
It seems that the ICT industry in Europe is predicted to experience moderate growth in the coming years, with an annual increase of 1.5% expected from 2021 to 2026. Germany currently holds the top position in terms of ICT revenue in Europe, followed by the United Kingdom, France, and Ireland. It’s interesting to note that while some countries like Malta have experienced significant growth in the ICT industry since 2016, others like Italy have seen a slight decline. This information can be useful for businesses and investors looking to enter or expand in the European ICT market.
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KEY BENEFITS
The report provides an extensive analysis of the current market trends, future estimations, and dynamics of the global LMS market.
In-depth analysis is conducted based on market estimations of key market segments from 2016 to 2023.
Extensive analysis of the LMS market is conducted by following key product positioning and monitoring the top competitors within the market framework.
Comprehensive analysis of all regions assists in determining the prevailing opportunities across geographies.
Learning Management System (LMS) Market key SEGMENTS:
By Deployment Model
Cloud
On-premise
By User Type
Academics
Enterprises
By Industry Vertical
Government & education
Retail
Healthcare
IT & telecom
Manufacturing
Hospitality
Others
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By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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