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North America Learning Management System Market Share, Size, Research: By Component: Solution, Services; By Deployment Models: On-Premises, Cloud; By End User: Academic, Enterprises; By Industry Vertical: Healthcare, Manufacturing, IT and Telecom, Retail, Others; Regional Analysis; Competitive Landscape; 2018-2028
North America Learning Management System Market Outlook
The North America learning management system market size is expected to grow at a projected CAGR of 22.80% between 2023 and 2028. The market is majorly driven by the increasing demand for e-learning services to access skill-specific learning and training programs.
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North America Learning Management System Market Trends
Learning management systems are software applications that are utilized by institutions and business management to enable the automation and delivery of educational courses and training programs. There are various functions of a learning management system, including administration, documentation, progress tracking, and reporting, among others.
- Rising demand for e-learning services is likely to propel the market growth. This development can be attributed to the COVID-19 pandemic, which forced people to access education and training programs online.
- Major institutes in North America are introducing online courses and training programs as they enable institutes to create more user-friendly content and attract more applicants. It provides increased accessibility as the course material can be accessed from anywhere with a smart device.
- The growing trend of a skill-oriented workforce can augment the market growth. New employees and freshers are increasingly utilizing learning platforms to access personalized training for a particular skill.
North America Learning Management System Market Analysis
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Based on components, the market can be segmented into solution and services. Based on the deployment models, it can be bifurcated into On-Premises and Cloud. Based on end-user, the market bifurcations include academic and enterprises. Based on industry vertical, the market can be divided into healthcare, manufacturing, IT and telecom, retail, government and education, and hospitality, among others. The regional markets for the learning management system market can be divided into the United States and Canada.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the North America learning management system market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
- Blackboard Inc
- Epignosis LLC
- Paradiso Solutions
- Cornerstone OnDemand, Inc.
- PowerSchool Group LLC
- Others
Key Components of Learning Management Systems
Based on components, the North America learning management system market for LMS can be divided into solution and services. The solution segment is projected to account for a major share of the market owing to the rising need for e-learning solutions for organisations and educational institutes. LMS provide a more interactive way of learning, while providing the user with additional management and progress-tracking options.
Deployment Models for Learning Management Systems
Based on deployment model, the market can be segmented into on-premises and cloud. The cloud segment is likely to dominate the market for LMS in North America owing to the flexible pricing options provided and cost-effectiveness. It propels small and medium enterprises to incline towards adopting cloud-based LMS. Cloud deployment of LMS provides multiple benefits related to scalability and enhanced security, while providing a flexible and robust infrastructure.
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Competitive Landscape
Blackboard Inc, based in D.C., United States, is a leading education technology company that was primarily known for its learning management system, Blackboard Learn. The company merged with Anthology in 2021. Its learning products and systems are provided to learners of all levels from institutes and skill development to government and businesses. The company specializes in providing services for various fields, including course design, strategic, analytics, educational, and technical services.
Epignosis LLC is a learning technology development company that develops and provides learning management systems to its clients. The company was founded in 2012 and has shown its focus in various areas, including eLearning, learning management systems, virtual learning, learning assessment, SaaS, online training, computer software, and business software, among others.
PowerSchool Group LLC is a leading cloud-software solution provider for education, helping to connect students, teachers, administrators, and parents with an aim to improve the result of education for students. Their product portfolio shows their speciality in various fields, including student information systems, learning management systems, assessment, analytics, ERP, and HR/Finance, among others. The company is headquartered in California, United States, and since 1997 the company has their services to over 90 countries.
Other key players in the North America learning management system market include Paradiso Solutions and Cornerstone OnDemand, Inc, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Component |
|
| Breakup by Deployment Models |
|
| Breakup by End User |
|
| Breakup by Industry Vertical |
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| Breakup by Region |
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| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Learning Management System Market Analysis
8.1 Key Industry Highlights
8.2 North America Learning Management System Historical Market (2018-2022)
8.3 North America Learning Management System Market Forecast (2023-2028)
8.4 North America Learning Management System Market by Component
8.4.1 Solution
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Services
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 North America Learning Management System Market by Deployment Models
8.5.1 On-Premises
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Cloud
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 North America Learning Management System Market by End User
8.6.1 Academic
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Enterprises
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 North America Learning Management System Market by Industry Vertical
8.7.1 Healthcare
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Manufacturing
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 IT and Telecom
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Retail
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Government and Education
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
8.7.6 Hospitality
8.7.6.1 Market Share
8.7.6.2 Historical Trend (2018-2022)
8.7.6.3 Forecast Trend (2023-2028)
8.7.7 Others
8.8 North America Learning Management System Market by Region
8.8.1 Market Share
8.8.1.1 United States of America
8.8.1.2 Canada
9 Regional Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Blackboard Inc
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Epignosis LLC
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Paradiso Solutions
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Cornerstone OnDemand, Inc.
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 PowerSchool Group LLC
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Others
12 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Learning Management System Market: Key Industry Highlights, 2018 and 2028
2. North America Learning Management System Historical Market: Breakup by Component (USD Billion), 2018-2022
3. North America Learning Management System Market Forecast: Breakup by Component (USD Billion), 2023-2028
4. North America Learning Management System Historical Market: Breakup by Deployment Models (USD Billion), 2018-2022
5. North America Learning Management System Market Forecast: Breakup by Deployment Models (USD Billion), 2023-2028
6. North America Learning Management System Historical Market: Breakup by End User (USD Billion), 2018-2022
7. North America Learning Management System Market Forecast: Breakup by End User (USD Billion), 2023-2028
8. North America Learning Management System Historical Market: Breakup by Industry Vertical (USD Billion), 2018-2022
9. North America Learning Management System Market Forecast: Breakup by Industry Vertical (USD Billion), 2023-2028
10. North America Learning Management System Historical Market: Breakup by Country (USD Billion), 2018-2022
11. North America Learning Management System Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. North America Learning Management System Market Structure
Key Questions Answered in the Report
The market is expected to grow at a CAGR of 22.80% during the forecast period of 2023-2028.
The market growth is driven by the growing demand for learning management systems in corporate and educational institutes and the increasing adoption of cloud-based services due to their cost-effectiveness.
The trend of skill-specific training programs and personalised courses with interactive content is expected to aid the growth of the market.
The regional markets for the learning management system market include United States and Canada.
The components available in the market include solution and services.
The learning management system is deployed through various models, including on-premises and cloud.
The end-user for LMS can be categorized into academic and enterprises.
The industry verticals in the market include healthcare, manufacturing, IT and telecom, retail, government and education, and hospitality, among others.
The key players in the market include Blackboard Inc, Epignosis LLC, Paradiso Solutions, Cornerstone OnDemand, Inc., and PowerSchool Group LLC, among others.
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