Global Learning Management Systems Market

 

 

The Global Learning Management Systems Market Size was valued at USD 15.42 Billion in 2021, and it is expected to reach a value of USD 38.35 Billion by 2028, at a CAGR of 13.90% over the forecast period (2022 - 2028).

Learning Management Systems (LMSs) are primarily used for online learning, but they can also be used for other purposes, such as serving as a platform for online content such as asynchronous and synchronous courses. Furthermore, LMS software, also known as computer-based training software, assists educational institutions and businesses in better managing their online learning programs, which can be a very effective way to improve employee engagement and retention while also improving skill levels.

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Top Players Company Profiles

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Recent Developments

  • In April 2022, Brock selected Kitchener-based D2L to provide the next Learning Management System.
  • In March 2021, For K-12 districts, Blackboard Inc. launched "Blackboard Unite for K-12," a remote learning solution suite. In the current COVID-19 pandemic situation, the primary objective is to provide educators with a high-quality virtual teaching and learning experience.
  • In February 2021, Cornerstone OnDemand, Inc. announced the completion of its acquisition of Saba Software, a global leader in talent experience solutions and Vector Capital portfolio company. Given current Learning Management Systems Market conditions, the total transaction value has been reduced from $1.395 billion at the time of announcement to roughly $1.295 billion at the time of closing.

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