Global Learning Management Systems Market (2021-2027) – Rising Demand for Gamification in LMS to Provide Opportunities for LMS Vendors – ResearchAndMarkets.com


DUBLIN – (COMMERCIAL THREAD) – The report “Global Learning Management Systems Market (2021-2027) by Component, Function, Mode of Delivery, Deployment, User Type and Geography, IGR Competitive Analysis, Impact of Covid-19, Analysis Ansoff ”has been added to ResearchAndMarkets.com offer.

The global learning management systems market is estimated to be worth USD 13 billion in 2021 and is projected to reach USD 31.02 billion by 2027, growing at a CAGR of 15.6%.

The COVID-19 pandemic has resulted in the closure of schools, colleges and universities across the world. Therefore, the situation is rapidly transforming the education ecosystem. This has increased the demand for LMS software solutions and other online teaching techniques among educational institutions and students. The main features of LMS include artificial intelligence, automated administration tasks, platform consolidation, personalized learning paths, instinctive user interface, course management, certifications and retraining, management of courses and catalogs, etc.

Key market growth drivers are increasing adoption of e-learning platforms, Bring-Your-Own-Devices (BYOD), increasing inclination towards cloud deployment model, increasing use of AI (Artificial Intelligence) and ML (Machine Learning) in LMS. The market is expected to experience development in the coming years due to increased spending on IoT technology by several governments.

However, low motivation and commitment to adopt LMS solutions can hold back the growth of the market. LMS companies face challenges in reducing organizations’ spending on non-essential items.

Market dynamics

Conductors

  • Growing adoption of digital learning

  • Growing inclination towards BYOD policy and enterprise mobility

  • Extensive government initiatives for the growth of LMSs

  • Growing use of AI and ML in LMS

  • Growing importance of e-learning in corporate and academic settings

Constraints

  • Low motivation and commitment to adopt LMS solutions

Opportunities

  • Increased demand for gamification in LMS to provide opportunities for LMS vendors

  • Increased adoption of the cloud by organizations and institutes to motivate learners to adopt web-based LMS solutions

  • Rapid application for collaborative learning in LMS to provide opportunities for interns.

Challenges

  • Lack of technical support after LMS implementation

  • Lack of qualified trainers and instructors

Market segmentation

Global Learning Management Systems Market, By Component

  • introduction

  • Solutions

  • Services

  • Consulting services

  • Implementation services

  • Support services

Global Learning Management Systems Market, By Function

  • introduction

  • Administration

  • Content management

  • Performance management

Global Learning Management Systems Market, By Delivery Method

  • introduction

  • Distance learning

  • Instructor conducted the training

  • Blended learning

Global Learning Management Systems Market, By Deployment

  • introduction

  • On the site

  • Cloud

Global Learning Management Systems Market, By User Type

  • introduction

  • Academic

  • K-12

  • Higher Education

  • Business

  • Software and technology

  • Health care

  • Retail

  • Banking, financial services and insurance

  • Manufacturing

  • Government and Defense

  • Telecom

  • Others

Global Learning Management Systems Market, By Geography

  • introduction

  • North America

  • South America

  • Europe

  • Asia Pacific

  • Rest of the world

Companies mentioned

  • Blackboard inc.

  • Callidus Software Inc.

  • Epignosis LLC (Talentlms)

  • John Wiley & Sons, Inc.

  • Oracle Corporation

  • Jzero Solutions Ltd

  • Paradiso Solutions

  • Saba Software, Inc.

  • SAP SE

  • Sumtotal Systems, LLC

  • Cross-knowledge

  • Docebo

  • Pearson

  • Ispring Solutions

  • Lattitude CG

  • Encryption learning

  • Mindscroll LMS

  • LOOP

For more information on this report, visit https://www.researchandmarkets.com/r/8kgm5l


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