The Academic And Corporate Learning Management System (LMS) Market in US is being driven by Increased emphasis on digitization of education
The Academic And Corporate Learning Management System (LMS) Market in US is expected to grow at a CAGR of 30.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 34431 million. In today's business landscape, the bring-your-own-device (BYOD) trend is increasingly prevalent, enabling learners to access content and utilize gadgets for education and training purposes. This trend is not limited to the education sector but is also gaining traction in corporations. However, the implementation of BYOD policies presents challenges for IT departments, particularly in managing a diverse range of devices. To address these concerns, corporations are adopting corporate-owned personally enabled (COPE) models, where devices are issued by the organization, providing IT departments with control while allowing employees to use these devices for both work and personal tasks. This integration of learning management systems (LMS) and COPE policies enables organizations to effectively manage and deliver content to their workforce while accommodating the growing trend of mobile learning.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
166 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 30.9% |
Market growth 2025-2029 |
USD 34431 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
23.4 |
Key countries |
US |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Academic and Corporate Learning Management System (LMS) market in the US encompasses software platforms designed for academic institutions and corporate settings to deliver training programs and educational content to students and employees. These systems facilitate examinations, manage course materials, track students' progress, and offer multimedia-rich classes. The market includes solution and service segments, with cloud deployment being a significant trend in the enterprise resistance sector. Large-scale organizations in the retail vertical are major consumers, with HR departments and e-learning content creators playing crucial roles. E-learning services, training courses, USB drives, and distance learning segments are also integral parts of this market.
In the US market for Academic and Corporate Learning Management Systems (LMS), key inputs include educational content, teachers or lecturers, students' progress, and examinations. For businesses, the pitching and profiling operations are crucial. These functions ensure a thorough comprehension of industry and client needs, enabling the proposition of superior value. Simultaneously, resourcing and communicating operations optimize workflows, reducing resource usage. Prominent activities include project management, resource planning, effective client engagement, and communication, ultimately enhancing the likelihood of positive value perceptions and client satisfaction. Academic institutions and corporations leverage software platforms to deliver training programs, manage course materials, and monitor students' progress. This integration of multimedia-rich classes, online debates, homework, quizzes, and gradebook management streamlines educational processes, fostering a more efficient and effective learning environment.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
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