Higher Education Learning Systems Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 14.70 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Higher Education Learning Systems Market Analysis
The Higher Education Learning Systems Market is expected to grow at a CAGR of 14.7% over the forecast period 2021 - 2026. The growing trend of digital learning, extensive government initiatives for the growth of Higher Education Learning Systems, Bring Your Own Device (BYOD) policy, and growing usage of Artificial Intelligence (AI) and Machine Learning (ML) are encouraging the growth of the market.
- When distinct innovative tools or practices are launched in the digital technology marketplace, eLearning encourages learners to adopt new changes rapidly and efficiently. Over the years, higher education learning systems are gaining wider acceptance. Technical innovations in the Learning Systems market help redefine the higher education learning process.
- The increasing acceptance of digital learning across companies is anticipated to have boosted the growth of Higher Education Learning Systems solutions. According to a survey by the Learning House, Inc., in 2019, 52% of graduate students reported that they found their online college-level education to be better than their experiences in college-level classroom learning. The change in the learning experience, as a result, is fuelling the growth of the market.
- The COVID-19 disruption has affected markets, customers' behavior, and has a substantial impact on the economies and societies. With educational institutions, offices, and manufacturing facilities shutting down for an indefinite period, major sports and events postponed, work-from-home, and social distancing policies in effect, businesses are increasingly looking for technologies to help them sail through these difficult times.
- As of March 2020, the most famous online education website worldwide was khanacademy.org, with 100.3 million visitors during the month. Following khanacademy.org was duolingo.com, with 55.6 million website visitors in March. The high number of monthly visitors to education websites in March is a result of the coronavirus pandemic. Social distancing and stay-home orders were put into place globally.
- There is a broad range of free or open-source LMS software, such as Moodle, Canvas, and Google Classroom. However, these products can be costly to implement and customize, charge extra for non-basic features, and typically do not include support staff. Commercial offerings such as Blackboard and McGraw-Hill's Connect are an alternative option.
- Through Learning Systems, businesses give their employees control to learn in their process by taking their own time. As workers use eLearning tools at their speed, there is a chance that some learners may go through leaning materials without giving attention. This reduction of control over the learning method can make some learners doubtful about utilizing eLearning for training objectives.
Higher Education Learning Systems Market Trends
This section covers the major market trends shaping the Higher Education Learning Systems Market according to our research experts:
Learning Systems Software Segment to Drive the Market
- Flexible learning software enables one to extend online learning, increase employee engagement, and optimize learning outcomes. The software creates and preserve institutional knowledge, retain top employees, and drive business results with a better, more engaging learning environment. These software make it even easier to manage content, personalize courses, foster collaboration, and connect with learners.
- According to the Stack Overflow & Amazon survey as of early 2020, 46.2% of the respondents had bachelor degrees and 22.8% had attained a Master's degree in some form. Moreover, in 2025 worldwide spending on EdTech (educational technology) is expected to increase dramatically in several key segments.
- Besides, as per the stats of Associazione Italiana Editori, the video calling platform Skype was the most used software among Italian users before and during the lockdown. 28% of the respondents to a survey stated they used it even before the lockdown imposed by the pandemic to video call for smart working or distance learning.
- In addition in March 2020, companies like Blackboard Inc., announced the execution of a definitive agreement to sell its Blackboard Open LMS business ("Open LMS") to Learning Technologies Group plc ("LTG"). The transaction enables Blackboard to further simplify its business and accelerate momentum in helping clients move to its Software as a Service (SaaS) deployment of Learn and Ultra, its next-generation Higher Education Learning Systems.
North America to Dominate the Market
- North America has is a ready market when it comes to technology. The development in the practice of eLearning tools and technological progress in learning methodologies have heightened the overall higher education learning systems market for the North American region. The enhanced adoption of handheld devices, such as mobile phones and tablets, is also encouraging the learning systems adoption trend in North America.
- According to BestColleges.com, as per a survey in 2019, 31% of respondents showed no concern about their online degree perception by proposed employers in the United States. Besides, according to a 2019 survey by NewSchools Venture Fund, the two most popular reasons that K-12 teachers in the United States practice digital learning tools are that they give immediate and actionable data on students' development and that they provide for personalized instruction based on students' skill level. Both of these options were chosen by 35% of respondents.
- Government rules and regulations heavily control this region. Efficient collaboration with academies and organizations has helped the teachers in this region be more responsive to technological innovation. Higher Education Learning Systems is expected to be the next level in the growth of a more interactive learning experience, and this is being used by many companies in the North American region.
- The higher education learning systems market in North America is extremely progressive since numerous businesses are implementing this to facilitate enhanced learning and partnership with the educators. North America, chiefly the U.S. and Canada, is anticipated to combine higher education learning systems solutions to improve collaboration in the learning context and taking actions to restore the ineffectiveness of traditional learning techniques.
Higher Education Learning Systems Industry Overview
The Higher Education Learning Systems Market is moderately competitive and consists of several major players. In terms of market share, few of these players currently dominate the market. Moving forward, the innovation strategy of multiple companies is boosting the demand for the market. The rapid rise of online education and technological advancements provides lucrative opportunities to market vendors.
- April 2020 - Blackboard Inc. announced the debut of its K-12 remote learning solution, Blackboard Unite for K-12, a holistic suite of tools and resources providing K-12 districts with the tools and best practices needed to transition to a virtual learning model.
- Feb 2020 - Cornerstone OnDemand, Inc. announced it has entered into a definitive agreement to acquire Saba, a global leader in talent experience solutions and a portfolio company of Vector Capital. Saba has over 20 years of industry experience developing, delivering, and supporting learning, performance, and recruiting product solutions. The cash and stock transaction is valued at approximately USD 1.395 billion.
Higher Education Learning Systems Market Leaders
Cornerstone OnDemand, Inc.
Jenzabar, Inc.
Blackboard Inc.
SAP SE
D2L Corporation
*Disclaimer: Major Players sorted in no particular order
Higher Education Learning Systems Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions and Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Online learning is now considered to be the new normal as educational institutions are focused on imparting coursework through digital platforms thereby requiring robust processes
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4.2.2 Growing investments from governments and local bodies on improving educational quality at public schools
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4.2.3 Ease of deployment and presence of several vendors has increased the bargaining leverage of institutions
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4.3 Market Challenges
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4.3.1 Growing cost of education and operational concerns related to funding in the medium-term
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4.4 Market Opportunities
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4.5 Industry Stakeholder Analysis
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4.6 Industry Attractiveness - Porter's Five Forces Analysis
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4.6.1 Bargaining Power of Suppliers
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4.6.2 Bargaining Power of Buyers/Consumers
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4.6.3 Threat of New Entrants
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4.6.4 Threat of Substitute Products
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4.6.5 Intensity of Competitive Rivalry
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4.7 Impact of COVID-19 on the Higher Education Learning
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5. HIGHER EDUCATION LEARNING SYSTEMS LANDSCAPE ANALYSIS
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5.1 Evolution of Higher Education Learning and the Key Developments
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5.2 Convergence of Education and IT
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5.3 Key Adoption Trends Analyzed by Institution Type (State Universities, Private Colleges, and Community Colleges)
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6. MARKET SEGMENTATION
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6.1 By Type
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6.1.1 Software
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6.1.1.1 Admission & Recruiting Management
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6.1.1.2 Student Information System
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6.1.1.3 Faculty Management
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6.1.1.4 Learning & Advisory
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6.1.1.5 Financial & Payroll Management
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6.1.1.6 Alumni Management
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6.1.1.7 Other Types of Software (Reporting & Analytics, Workflows, etc.)
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6.1.2 Services (Implementation, Training & Support and Consultation)
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7. COMPETITIVE INTELLIGENCE
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7.1 Key Vendor Profiles *
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7.1.1 Cornerstone OnDemand, Inc.
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7.1.2 Jenzabar, Inc.
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7.1.3 Blackboard Inc.
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7.1.4 SAP SE
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7.1.5 Desire2Learn Corporation
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7.1.6 Adobe Inc.
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7.1.7 Oracle Corporation
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7.1.8 The rSmart Group Inc.
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7.1.9 CrossKnowledge Inc.
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7.1.10 IBM Corporation
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7.1.11 Unifyed
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7.1.12 Epignosis
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7.1.13 Pearson PLC
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7.1.14 Workday, Inc.
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7.1.15 iSpring Solutions
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7.1.16 McGraw Hill
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7.1.17 SumTotal Systems LLC
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8. INVESTMENT ANALYSIS & FUTURE OF THE MARKET
Higher Education Learning Systems Industry Segmentation
A Higher Education Learning Systems is a web-based or cloud-based software program which assist in the teaching-learning process and helps in the effective delivery of instruction, training, and development program. The learning system in higher education facilitates learners, instructors, and administrators to use and access to services and is beyond the restriction of time and place in the teaching and learning process.
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Higher Education Learning Systems Market Research FAQs
What is the current Higher Education Learning Systems Market size?
The Higher Education Learning Systems Market is projected to register a CAGR of 14.70% during the forecast period (2024-2029)
Who are the key players in Higher Education Learning Systems Market?
Cornerstone OnDemand, Inc. , Jenzabar, Inc., Blackboard Inc., SAP SE and D2L Corporation are the major companies operating in the Higher Education Learning Systems Market.
Which is the fastest growing region in Higher Education Learning Systems Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Higher Education Learning Systems Market?
In 2024, the North America accounts for the largest market share in Higher Education Learning Systems Market.
What years does this Higher Education Learning Systems Market cover?
The report covers the Higher Education Learning Systems Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Higher Education Learning Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Higher Education Learning Systems Industry Report
Statistics for the 2024 Higher Education Learning Systems market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Higher Education Learning Systems analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
