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Learning Management System (LMS) Market Size, Share, Statistics & Trends Analysis Report By Type, By Application, By Region, and Segment Forecast 2027 | Valuates Reports
The global learning management system market size was valued at $1.2 Billion in 2020 and is projected to hit $3.6 Billion by 2027, at a CAGR of 20.76% from 2020 to 2027.
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LMS Market Trends:
Growing adoption of digital learning, increasing inclination toward Bring Your Own Device (BYOD) policy, and enterprise mobility, are expected to drive the growth of the learning management system market.
LMS Market Share:
During the projection period, North America is expected to have the biggest LMS market share. For improved outcomes and ease, organizations in the North American region are turning to mLearning. LMS is used by both business and academic institutions, and most suppliers provide user-centric products. North America has demonstrated rapid adoption of innovative learning pedagogies, boosting the region's LMS market share.
The Asia-Pacific LMS market is predicted to grow at the fastest rate during the forecast period, thanks to nations like China, India, Japan, and Australia providing attractive prospects for industry players. International vendors invest a lot of money in the sector to expand their LMS product line and provide employees with low-cost, customized training modules and goods.
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LMS Market by Type
• On-premises
• Cloud Based
LMS Market by Application
• Schools
• Corporations
Top Players in the LMS Industry
• Absorb
• Adobe
• Axonify
• Cornerstone OnDemand
• D2L
• Docebo
• EFront
• EPath Learning
• Expertus
• G-Cube
• IMC
• Instructure
• Intellum
• ISpring Learn LMS
• LearnUpon
• Litmos (SAP)
• NetDimensions (Learning Technologies
• Group)
• PeopleFluent
• Saba
• Skillsoft (SumTotal Systems)
• SkyPrep
• TalentLMS
• Totara Learning
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