Australia Learning Management System Market, By Type (Course and Content Management, Performance Management, Talent Management, Learner Management, Administration/Human Resources, Communication, Others), Integration Type (Locally Integrated, Software as a Service (SaaS)), Application (Employee/Student Learning, Channel Training, Customer Training, Compliance Training, Others), End Use Vertical (Academic, Corporate) – Industry Trends and Forecast to 2029
Market Analysis and Size
Learning management systems have made it easier to manage training and development programmes, as well as learning administration, performance tracking and reporting, and feedback documentation. These solutions are increasingly being used to manage e-learning programmes by educational institutions and corporate enterprises.
Data Bridge Market Research analyses that the learning management system market was valued at USD 14.43 billion in 2021 and is expected to reach the value of USD 28.13 billion by 2029, at a CAGR of 8.70% during the forecast period of 2022-2029.
Market Definition
A learning management system (LMS) is a web-based application that aids in the development and administration of online training and learning programmes. It includes a customizable user interface, social learning, mobile compatibility, automation, pre-built and custom courseware, and blended learning. It also provides a unified front and back end experience, increased efficiency, support for multiple learning methods, and valuable insights.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Course and Content Management, Performance Management, Talent Management, Learner Management, Administration/Human Resources, Communication, Others), Integration Type (Locally Integrated, Software as a Service (SaaS)), Application (Employee/Student Learning, Channel Training, Customer Training, Compliance Training, Others), End Use Vertical (Academic, Corporate)
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Market Players Covered
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Blackboard Inc., Moodle, D2L Corporation, Instructure, Inc., Intel Corporation, McGraw-Hill
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Opportunities
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Australia Learning Management System Market Dynamics
Drivers
- Advancements in e-learning by incorporating learning management systems
E-learning is one of the Australia's fastest growing knowledge-based industries. E-learning advancements have simplified training and learning by incorporating learning management systems across corporate organisations and educational institutions. Various advantages, such as flexible and timely access, strong integration with internet-based services, and cost-effectiveness, are enticing more and more customers to use modern tools for training employees and students.
- Low running cost and better information on capital investment decision
An increasing number of organisations around the Australia are modernising their training environment by incorporating e-learning tools to ensure workforce efficiency. These solutions are aided further by learning management systems, which provide all of the requirements for successful training practise management, such as performance management, administration, and content management, as well as the delivery of distinct and customised courses for employees. Corporates find it easier and more effective to train their employees with LMS, as LMS enables learning delivery in minimal time while maintaining high employee productivity. Thus, the advancement of e-learning platforms, particularly in the corporate user segment, is shifting people's attention to online learning platforms, which is supporting the growth of the LMS market.
Opportunity
Government bodies are taking a variety of initiatives to promote the incorporation of modernised learning tools such as LMS in training programmes of institutions and businesses in order to increase efficiency among students and employees. UNESCO's post-2015 development agenda emphasised the importance of open educational materials in ensuring student literacy and development. Along with educational materials, there was a need for a platform to house all of the teachers' instructional content, student assignments and feedback, and course collection. LMS proved to be an effective platform for meeting a variety of end-user requirements.
Restraints
In the forecasted period, market restraints for Australia learning management system include a lack of motivation and engagement to adopt solutions. The most significant challenge to market growth will be a lack of technical support and a shortage of skilled trainers.
This learning management system market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the learning management system market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Learning Management System Market
Due to the COVID-19 outbreak, various countries have implemented strict lockdowns, shutdowns, and mobility restrictions in order to prevent the virus from spreading. During 2020, vendors have reported a high demand for LMS solutions. Border closures, strict lockdowns, and supply chain issues all act as impediments to the onsite deployment of LMS solutions. The commercialization of LMS is expected to drive significant market growth. The pandemic has forced businesses to rethink their business strategies, with a greater emphasis on strong network connectivity to regain customers' trust.
Recent Development
- PowerSchool announced in July 2021 that it would price its class A common stock on the New York Stock Exchange at USD 18 per share (NYSE). This would assist the company in repaying outstanding debt expenses associated with the IPO.
- D2L and Microsoft will collaborate in December 2020 to integrate Brightspace LMS with Microsoft Teams. This would improve the learning experience by giving students access to a private Teams space on the Brightspace platform.
- Blackboard Reach, its new solution for K-12 institutions, will be available in October 2020. The solution was designed to assist parents in connecting with teachers and engaging in meaningful, real-time discussions.
Australia Learning Management System Market Scope
The learning management system market is segmented on the basis of type, integration type, application, and end-use vertical. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Course and Content Management
- Performance Management
- Talent Management
- Learner Management
- Administration/Human Resources
- Communication
- Others
Integration type
- Locally Integrated
- Software as a Service (SaaS)
Application
- Employee/Student Learning
- Channel Training
- Customer Training
- Compliance Training
- Others
End use Vertical
- Academic
- Corporate
Learning Management System Market Regional Analysis/Insights
The learning management system market is analysed and market size insights and trends are provided by country, type, integration type, application, and end-use vertical as referenced above.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Australia brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Learning Management System Market Share Analysis
The learning management system market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Australia presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to learning management system market.
Some of the major players operating in the learning management system market are:
- Blackboard Inc.
- Moodle
- D2L Corporation
- Instructure, Inc.
- Intel Corporation
- McGraw-Hill.,
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