According to recent research report titled ‘Learning Management System (LMS) Market Size By Deployment (Cloud-based, On-premise), By Delivery Mode (Distance Learning, Blended Mode, Instructor-led), By End-user (Corporate [SMEs, Large Enterprises], Academic Institutes [K-12, Higher Education, Vocational Training], Government), By Provider (Content, Services), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 – 2028’ available with MarketStudyReport, global learning management system (LMS) market is poised to showcase lucrative expansion trends by 2028.

The growth of the global learning management system market can be credited to the rising adoption of digital platforms for teaching and learning purposes, especially during the COVID-19 pandemic, as well as its several advantages such as flexible learning, quick access, and tailored learning. With the growing demand of learning management systems, the popularity of UI/UX software has also prompted industry growth to ensure better consumer engagement.

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The market is segmented based on provider type, by deployment, end-user landscape, delivery mode, and regional contribution.

In terms of deployment type, the market is further split into on-premises and cloud-based segments. Among these, the cloud-based segment is expected to witness exponential growth during the study period, primarily due to its ease of use, installation, and management.

Based on delivery mode, the market is bifurcated into distance learning, instructor-led, and blended mode. The instructor-led segment is expected to witness 25% CAGR during 2022-2028, owing to the widespread adoption of such solutions among K-12 and high education institutions.

Moving on to the end-user landscape, the market is divided into academic, government, and corporate Segments. Under the corporate segment, the market is further classified into large enterprises and SMEs.

Among these, the SMEs segment held a 30% market share in 2021 and is expected to grow significantly by 2028. Growing demand for LMS among SMEs for remotely training staff, especially during the COVID-19 pandemic, is facilitating the business scenario.

Similarly, the academic sector is divided into K-12, higher education, and vocational training. The vocational training segment is predicted to record 30% CAGR during the forecasted period.

In terms of provider type, the market is split into services and content. The content sector is expected to record 20% CAGR during the forecasted period.

The regional landscape of the global learning management system marketplace is bifurcated into the Middle East & Africa, Europe, North America, Latin America, and the Asia Pacific. The Middle East & Africa is expected to witness a CAGR of 25% during the forecasted period, given the growing demand for LMS solutions among the corporates.

The competitive landscape of the global learning management system market is defined by companies such as TalentLMS, TalentCards, SkyPrep, Skillcast Group plc, Schoology, SAP Litmos, Oracle Corporation, Moodle, Mindflash, LearnUpon, iSpring Solutions Inc., IBM Corporation, Goskills Ltd., eFront LMS, Edmodo, Docebo, D2L, CoreAchieve, Bridge LMS, Canvas LMS, Coassemble, Blackboard Inc., Articulate Global LLC, Absorb LMS Software Inc., Adobe LMS, and 360 Learning.