Learning Management System Market Growth Statistics, Trends Analysis, Revenue an

1. Learning Management System Market Growth Statistics, Trends Analysis, Revenue and Forecast to 2028

2. Industry Insights • The learning management system (LMS) platform has been observing massive growth in usage due to the global shift towards remote learning and training during the novel COVID-19 pandemic. Over recent years, more and more organizations have been deploying different types of learning management systems to develop a standardized learning environment, as well as sustain a knowledgeable workforce. • One of the key factors driving the learning management system (LMS) market expansion is the mounting investment in the education sector to boost digital transformation. According to the Budget estimates for 2022-2023, the Indian government is set to spend around $13.6 billion in the coming fiscal to track students’ learning outcomes digitally. The government also proposed a one class-oneTV channel initiative under PM e-VIDYA to impart digital learning, taking the number of channels from 12 to 200. • With the growing need for effective learning during the pandemic, there has also been an increased reliance on LMS platforms to establish a robust platform to support corporate internal and external training, as well as cater to the needs of remote learners.

3. The novel coronavirus pandemic has compelled the education sector to be receptive to the deployment of innovative technologies and to leverage tech-driven tools in the evolving digital environment. This factor has influenced varied certification courses and online classes providers to embrace cutting-edge tools to cater to students. • For instance, in July 2021, Zell Education launched Nimbus, its learning management system, designed to enable learners to analyze and evaluate their progress. The content includes mind maps, and case studies, in addition to an interactive journey for students. With this learning management software, the company paved the way for the future of learning in digitally-driven environments. • The rise of the IoT and mobile technologies has enabled schools to keep track of key resources and enhance access to information. Such technologies also have made e-learning more accessible in different formats. The global increase in IoT spending could therefore support the growth of video-based learning and subsequently fuel the learning management system (LMS) market growth, especially in the wake of the pandemic. • In prominent regions like the UK, universities have responded to lockdown measures by streaming classes online and uploading courses with the use of tools like Panopto, according to the Wisconsin Economic Development Corporation.

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5. Competitive Analysis • Prominent players operating in the LMS market include 360Learning, Absorb LMS Software Inc., Adobe LMS, Articulate Global, LLC, Blackboard Inc., Braincert, Bridge LMS, Canvas LMS, Coassemble, CoreAchieve, D2L, Docebo, Edmodo, eFront, Goskills Ltd., IBM Corporation, iSpring Solutions Inc., Learnupon, Mindflash, Moodle, Oracle Corporation, SAP Litmos, Schoology, Skillcast Group PLC, SkyPrep, Talent cards, and Talent LMS. Request for Customization @ https://www.gminsights.com/roc/5182

6. Latest Research Report On Learning Management System (LMS) Market @ https://www.gminsights.com/industry-analysis/learning-management-system-lms-market Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/5182 Request for customization @ https://www.gminsights.com/roc/5182

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