Learning Management System Market Size

Report on Industry Size & Market Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Learning Management System (LMS) Market Growth and it is segmented by User Type (Academic LMS Users, Corporate LMS Users), Deployment Mode (Cloud-based LMS Deployment, On-premise or Installed LMS Deployment), Delivery Mode (Distance Learning, Instructor-led Training), Application (Administration, Content Management, Learner Management, Performance Management, Other Applications (Communication and Collaboration)), End-user Vertical (BFSI, Healthcare and Pharmaceuticals, Manufacturing, Retail, Educational Institutions, Other End-user Verticals), and Geography (North America, Europe, Asia-Pacific, Rest of the World). The market size and forecasts are provided in terms of value (USD billion) for all the above segments.

Learning Management System Market Size

Learning Management System (LMS) Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 20.60 %
Fastest Growing Market North America
Largest Market Asia-Pacific
Market Concentration Low

Major Players

Learning Management System (LMS) Market Major Players

*Disclaimer: Major Players sorted in no particular order


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Learning Management System Market Analysis

The global learning management system market is expected to register a CAGR of 20.6% during the forecast period. A learning management system provides holistic education to students using technology to prepare them for a fast-changing world where adaptability is important. It can be done in a virtual or physical environment. By using advanced learning methods, like online virtual classrooms, cloud servers, smartphones, etc., a teacher can help students gain more from their learning. Modern-age learning methods permit a learner to interact with other learners around the world. Learners can interact with others on virtual learning platforms, participate in online discussions to solve their queries, and take up massive online open courses from global universities while sitting right on their couch, among others.

  • Over the study period, e-learning has evolved into an enterprise revenue generator. New developments in learning technology help organizations support evolving learner needs. Supported by such developments, it has revolutionized e-learning by allowing increased and improved data collection activities that enable on-the-move learning methodology. After implementing an e-learning program in its organization, IBM found that participants learned nearly five times more material without increasing training time.
  • Enterprises and educational institutions are expected to be able to monitor their employees' or students' learning processes. However, the traditional method of tracking learner progress, taking surveys manually or using a survey tool, is inefficient and inaccurate. Manual surveys have several drawbacks, including time consumption, low response rates, a lack of references or benchmarks, and the possibility of incorrect responses. Organizations cannot accurately track their programs' effectiveness due to time constraints and a lack of efficient measuring tools.
  • The increasing accessibility of smartphones and other devices might drive the adoption of online education for learning and progress evaluation. Both developed and developing countries are witnessing high penetration of smartphones, with many educational institutions adopting BYOD (Bring Your Own Device) worldwide. These smart learning devices support institutions in effective teaching and learning processes. Also, institutions facilitate the teachers and learners to use smart devices, like tablets.
  • The emergence of 5G technology has significantly changed the world of cloud computing. 5G connection provides low-latency connectivity, allowing for smoother conversations and quicker data transfers. 5G speeds increase access to video analytics and artificial intelligence, making the city a safer place. This enables city administrators, property owners, and facility managers to make educated decisions and deliver smart public services. The evolution of 5G continues to fulfill its complete transformational potential. It also offers significant growth opportunities for the learning management system market.
  • Schools around the world were temporarily closed to protect students, teachers, and staff from potential contamination during the COVID-19 pandemic. According to a UNESCO study, the pandemic affected nearly 1.2 billion students in 143 countries. The rise of online learning during the COVID-19 pandemic allowed students to continue their education. Schools, colleges, and universities moved away from the four walls of the classroom, taking advantage of the digital space. After the pandemic, the market is growing rapidly due to the availability of customized learning platforms.

Learning Management System Market Trends

This section covers the major market trends shaping the Learning Management System (LMS) Market according to our research experts:

Rise in Virtual and Online E-learning Content Driving the Market

  • Due to COVID-19, educational institutes had to shut down, affecting schools and learning, including teaching and assessment methodologies. However, this gap was rapidly filled by e-learning as schools, colleges, offices, and educational institutions quickly shifted to teaching and learning online. With people having spent more time at home than ever during the pandemic, digital learning became an essential educational resource. The pandemic converted the traditional chalk-talk teaching approach into a technology-driven alternative. The number of people taking virtual classes witnessed an exponential rise in the market.
  • According to a survey conducted by Eurostat, the percentage of Hungarians taking online courses or utilizing online learning resources for their studies increased by 14 % between 2019 and 2021. As a result, approximately every fourth Hungarian utilized the internet for educational purposes as of 2021, with a significant portion being between the ages of 16 and 25.
  • With customized offerings, online learning tools and platforms address the problems of access, quality, and limited budgets, driving e-learning in the market. The key players in the market offer millions of students and employees in urban and rural regions a convenient, economical, and reliable way to learn.
  • According to a survey conducted by Stack Overflow published in July 2022, around seven out of ten software developers across the globe learned coding by accessing online resources such as videos and blogs.
  • The companies are also making partnerships to offer customized e-learning platforms to various end-user applications in the market. For instance, in September 2022, Helm Operations, a maritime software development platform, and Moxie Media, a maritime training program developing company, announced a new integration partnership to enable crew training. The new partnership formalizes the integration of Moxie Media's onboard Learning Management System (LMS) with Helm CONNECT, providing customers from both companies access to the Helm CONNECT platform and Moxie Media's library of maritime-specific eLearning programs.
Learning Management System (LMS) Market : Software Developers' Ways of Learning in Coding, In Percentage(%), Global, 2022

North America is Expected to Register the Fastest Growth

  • In the North American Region, the demand for learning management systems is bolstered by major vendors rolling out smart learning solutions and offerings every year. For instance, in June 2021, Blackboard Inc. announced a partnership with K16 solutions to streamline LMS migrations. It enables the company's clients to move from other LMS platforms to Blackboard Learn Ultra and take advantage of a powerful teaching and learning experience.
  • According to news from the World of Education, in November 2021, Square Panda India will provide AI-powered personalized learning for teachers and young learners. The company launched its own apps, SquareHub and Square Activity. Both are available on the Google and Android stores; SquareHub is also available through a dedicated portal.
  • Partnerships are also expected to shape the market landscape. For instance, in November 2021, LearnUpon, an LMS-based company from Ireland, partnered with 15Five's, allowing customers to move between two platforms seamlessly. It empowered them to log in and train in LearnUpon from 15Five, driving the productivity and performance of the business.
  • Organizations that are focusing on modern learning, supported by the government, are leading to market expansion. Canadians for 21st Century Learning and Innovation (C21 Canada) is a national, non-profit organization that aims to 21st-century models of learning in education. It handles initiatives dedicated to creating a 21st-century learning vision and framework that inspires Canadians.
  • Moreover, vendors have also partnered with various associations to modernize sports education. For instance, in May 2021, the Confederation of Professional Golf [CPG] announced to update in the advanced education of the PGA Professionals workforce for golf with a learning management system. Therefore, the association partnered with Canadian-based D2L to design a platform for CPG members to share relevant information and educational content. This is expected to modernize golf education.
Learning Management System (LMS) Market : Growth Rate by Region

Learning Management System Industry Overview

The learning management system (LMS) market is highly competitive, with many global and regional players. The key players in the market, such as Blackboard Inc., Cornerstone Ondemand Inc., D2L Corporation, IBM Corporation, and McGraw-Hill Companies, are making strategic partnerships, mergers, acquisitions, and investments to retain their market position.

In September 2022, Cornerstone OnDemand Inc., one of the global leaders in adaptive HR solutions, announced a partnership with BBVA, a prominent banking institution. BBVA would use Cornerstone's capabilities to build and improve employee growth strategies and manage multiple talent areas of recruitment, assessment, learning, and mobility.

Learning Management System Market Leaders

  1. Blackboard, Inc.

  2. Cornerstone OnDemand, Inc.

  3. D2L Corporation

  4. IBM Corporation

  5. McGraw-Hill Companies

*Disclaimer: Major Players sorted in no particular order

Market Concentration.jpg
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Learning Management System Market News

  • July 2022: GrowthZone, one of the industry leaders in association management software, expanded its integration partnership with Blue Sky eLearn. The partnership would enable GrowthZone customers to leverage Blue Sky eLearn's learning management system, Path LMS, to present their courses and consume GrowthZone product training in a more structured, learner-centered environment.
  • May 2022: SumTotal Systems, a Skillsoft company and one of the global leaders in talent acquisition, onboarding, learning management, and talent management solutions, announced a strategic partnership with Udemy Business, the corporate training division of Udemy, one of the leading online learning and teaching platform. SumTotal is providing Learning Management Experience Platform (LMXP) and can offer Udemy Business content as a part of this collaboration. Customers may anticipate a more engaging learning experience and a quicker purchase procedure with the SumTotal/Udemy Business connection.

Learning Management System Market Report - Table of Contents


    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Industry Attractiveness - Porter's Five Force Analysis

      1. 4.2.1 Threat of New Entrants

      2. 4.2.2 Bargaining Power of Buyers/Consumers

      3. 4.2.3 Bargaining Power of Suppliers

      4. 4.2.4 Threat of Substitute Products

      5. 4.2.5 Intensity of Competitive Rivalry

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Assessment of the Impact of COVID-19 on the Market


    1. 5.1 Market Drivers

      1. 5.1.1 Rise in Virtual and Online E-learning Content

      2. 5.1.2 Surge in Demand for Customized Learning

    2. 5.2 Market Restraints

      1. 5.2.1 Lack of IT Infrastructure in the Underdeveloped Nations


    1. 6.1 By User Type

      1. 6.1.1 Academic LMS Users

      2. 6.1.2 Corporate LMS Users

    2. 6.2 By Deployment Mode

      1. 6.2.1 Cloud-based LMS Deployment

      2. 6.2.2 On-premise or Installed LMS Deployment

    3. 6.3 By Delivery Mode

      1. 6.3.1 Distance Learning

      2. 6.3.2 Instructor-led Training

    4. 6.4 By Application

      1. 6.4.1 Administration

      2. 6.4.2 Content Management

      3. 6.4.3 Learner Management

      4. 6.4.4 Performance Management

      5. 6.4.5 Other Applications (Communication and Collaboration)

    5. 6.5 By End-user Vertical

      1. 6.5.1 BFSI

      2. 6.5.2 Healthcare and Pharmaceuticals

      3. 6.5.3 Manufacturing

      4. 6.5.4 Retail

      5. 6.5.5 Educational Institutions

      6. 6.5.6 Other End-user Verticals

    6. 6.6 By Geography

      1. 6.6.1 North America

        1. United States

        2. Canada

      2. 6.6.2 Europe

        1. United Kingdom

        2. Germany

        3. France

        4. Rest of Europe

      3. 6.6.3 Asia-Pacific

        1. China

        2. Japan

        3. India

        4. Rest of Asia-Pacific

      4. 6.6.4 Rest of the World

        1. Latin America

        2. Middle East and Africa


    1. 7.1 Company Profiles

      1. 7.1.1 Blackboard Inc.

      2. 7.1.2 Cornerstone Ondemand Inc.

      3. 7.1.3 D2L Corporation

      4. 7.1.4 IBM Corporation

      5. 7.1.5 McGraw-Hill Companies

      6. 7.1.6 Oracle Corporation

      7. 7.1.7 Pearson PLC

      8. 7.1.8 SABA Software Inc.

      9. 7.1.9 SAP SE

      10. 7.1.10 Docebo SpA

    2. *List Not Exhaustive


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Learning Management System Industry Segmentation

A learning management system (LMS) is a software application for managing, documenting, tracking, reporting, automating, and delivering courses, training programs, or training and development programs. Both educational institutions and organizations can use it for e-learning purposes. LMS consists of functionalities for students or users to access learning, manage assessments, and more. Instructors, administrators, and HRs also operate the LMS interface.

The learning management system (LMS) market is segmented by user type (academic LMS users, corporate LMS users), deployment mode (cloud-based LMS deployment, on-premise or installed LMS deployment), delivery mode ( distance learning, instructor-led training ), application (administration, content management, learner management, performance management, other applications (communication and collaboration)), end-user vertical (BFSI, healthcare, and pharmaceuticals, manufacturing, retail, educational institutions, other end-user verticals), and geography (North America, Europe, Asia-Pacific, Rest of the World).

The market sizes and forecasts are provided in terms of value (USD billion) for all the above segments.

By User Type
Academic LMS Users
Corporate LMS Users
By Deployment Mode
Cloud-based LMS Deployment
On-premise or Installed LMS Deployment
By Delivery Mode
Distance Learning
Instructor-led Training
By Application
Content Management
Learner Management
Performance Management
Other Applications (Communication and Collaboration)
By End-user Vertical
Healthcare and Pharmaceuticals
Educational Institutions
Other End-user Verticals
By Geography
North America
United States
United Kingdom
Rest of Europe
Rest of Asia-Pacific
Rest of the World
Latin America
Middle East and Africa
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Learning Management System Market Research FAQs

The Learning Management System (LMS) Market is projected to register a CAGR of 20.60% during the forecast period (2024-2029)

Blackboard, Inc., Cornerstone OnDemand, Inc., D2L Corporation, IBM Corporation and McGraw-Hill Companies are the major companies operating in the Learning Management System (LMS) Market.

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the Asia-Pacific accounts for the largest market share in Learning Management System (LMS) Market.

The report covers the Learning Management System (LMS) Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Learning Management System (LMS) Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Major trends in the Learning Management System (LSM) are a) Rise of xAPI for better data tracking b) Increasing use of microlearning c) Integration of social learning features

Learning Management Systems Industry Report

The Learning Management System (LMS) market is experiencing robust growth, driven by the increasing adoption of digital learning solutions across various sectors, including education and corporate training. The market is segmented based on delivery mode, user type, and region, with blended learning, which combines online and traditional face-to-face instruction, gaining traction due to its flexibility and effectiveness. Corporate users, particularly in IT and healthcare, are leveraging LMS to facilitate accessible and efficient training programs. North America leads in LMS market share, attributed to its advanced technological infrastructure and early adoption of digital learning tools. The integration of AI and machine learning is enhancing LMS capabilities, making them more personalized and efficient. Additionally, the trend towards adaptive learning solutions offers personalized educational experiences, addressing diverse learner needs in both academic and corporate settings. Despite challenges like the lack of multi-language support and comprehensive performance tracking, the LMS market is set to expand as it adapts to demands for flexible, scalable, and effective learning solutions. For detailed statistics on LMS market share, size, and revenue growth rate, download a free report PDF from Mordor Intelligence™ Industry Reports.

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Learning Management System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)