Learning Management System Market

The Learning Management System Market is expected to grow at a Compound Annual Growth Rate (CAGR) of 18.6% during the forecast period, from USD  22.1 billion by 2023 to USD 51.9 billion by 2028. The need to enable enterprises to customize, implement,  and configure learning management solutions to match business needs is expected to drive the adoption of learning management solutions during the forecast period.

Some of the key players operating in the learning management system market are – Anthology (US), Moodle (Australia), Cornerstone OnDemand (US), D2L Corporation (Canada), SimpliTrain (US), Instructure Inc. (US), PowerSchool (US), IBM (US), Infor (US), Adobe (US), LTG (UK), Google (US), Oracle (US), SAP (Germany), Docebo (Canada), Learning Pool (UK), Absorb LMS (Canada), CrossKnowledge (France), BizLibrary(US), iSpring (US), Blue Sky eLearn (US), Trakstar (US), DigitalChalk (US), Touvti LMS (US), SkyPrep (Canada), Talent LMS (US), Acorn LMS (Australia), and LearnWorlds (UK).

Major Learning Management System Companies Include

• Cornerstone OnDemand (US)
• Moodle (Australia)
• D2L Corporation (Canada)
• Instructure Inc. (US)
• LTG (UK)
• Google (US)
• SAP (Germany)
• Docebo (Canada)

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Cornerstone OnDemand (US)

Cornerstone offers a wide range of solutions in the LMS market, including Saba Learning, Cornerstone Xplore, and Cornerstone LMS. These solutions help organizations manage and train their employees. The company provides performance and learning products to drive education and development programs and measure the performance of individuals and groups. In addition, the company offers consulting services to assist clients in selecting and implementing the most suitable solution that meets their enterprise requirements. Cornerstone has experienced steady growth in the LMS market by implementing various organic and inorganic strategies. The company has consistently invested a significant portion of its revenue in research and development activities, enabling the development of new products and solutions. In November 2021, Cornerstone launched Cornerstone Xplore, a unique learning experience that offers a highly personalized approach to learning, enabling employees to learn at their own pace.

Anthology (US)

Anthology is a company that offers software and services for higher education, providing solutions for academic management, student engagement, and institutional effectiveness. The company was rebranded to Anthology in 2020, previously known as Campus Management International Private Limited. The company's products cover many areas, including student information systems, learning management systems, constituent relationship management, and analytics tools. Anthology aims to support institutions in enhancing student success, streamlining administrative processes, and driving positive outcomes in higher education. In October 2021, Anthology and Blackboard Inc., a leading global EdTech software and solutions company, completed their partnership. Anthology provides a comprehensive range of education solutions that cater to various aspects, such as student information management, learning management, and student engagement, which makes it a go-to platform for educational institutions. Anthology has formed strategic partnerships and acquisitions to expand its offerings and keep up with the rapidly evolving education technology industry. Anthology effectively leverages technology by integrating AI, analytics, and other advanced tools to improve the effectiveness and efficiency of its solutions.

D2L Corporation (Canada):

D2L offers a cloud-based LMS platform called Brightspace. They focus on K-12, higher education, and corporate training markets. Brightspace is known for its strong social learning features and mobile-friendly design.

Instructure Inc. (US):

Instructure's flagship product is Canvas, a popular LMS used by universities, businesses, and K-12 schools. Canvas is known for its user-friendly interface, open architecture, and extensive integrations with other educational tools.

LTG (UK):

LTG specializes in Learning Technologies, offering a comprehensive LMS platform called Learningpool. Their LMS caters to businesses and government organizations, with a focus on employee onboarding, compliance training, and continuous learning programs.

Google (US):

While not a traditional LMS provider, Google offers Google Classroom, a free learning management system for educational institutions. Google Classroom is a simple and easy-to-use platform for teachers to create assignments, distribute materials, and communicate with students.

Oracle (US):

Oracle provides Oracle Learning Management Cloud, an enterprise-grade LMS solution designed for large organizations. This LMS integrates seamlessly with other Oracle applications and is known for its scalability and security features.

SAP (Germany):

Similar to Oracle, SAP offers SAP Litmos, a comprehensive LMS catering to corporate training needs. It integrates with other SAP products and provides advanced features for learning content management, analytics, and reporting.

Docebo (Canada):

Docebo offers a cloud-based, mobile-first LMS platform for corporate training. Docebo is known for its gamification features, social learning functionalities, and focus on user engagement.

Related Reports:

Learning Management System Market by Delivery Mode (Distance Learning, Instructor-led Learning, Blended Learning), Application Area (Corporate Training & Development, Professional Certification & Compliance, Course Management) - Global Forecast to 2028

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