Global Corporate Learning Management System (LMS) Market is valued at approximately USD 6.69 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 21.1% over the forecast period 2022-2029. A corporate learning management system (LMS) is software that is designed to provide the company's staff an online training and educational materials. Corporate LMS assists in onboarding new employees and prepares them with the information and abilities needed to carry out their responsibilities and supports them to meet organizational needs. The growing demand for advanced LMS solutions to effectively manage learning content, coupled with the increasing need for integrating interactive and personalized training environments is propelling the market demand across the globe.
The growing expenditure on employee workplace training is further fueling the demand for the Corporate Learning Management System (LMS). According to Statista, in 2020, the average spending on workplace training per employee worldwide was USD 1,267 billion which is an increase from USD 1,229 billion in 2014. Therefore, the increasing requirement for skill-based and objective-driven training to boost employee performance is exhibiting a positive influence on the growth of the market. Moreover, the rising incorporation of advanced technologies for a better training environment, as well as the growing trend of virtual online training is leveraging the market demand in the forecasting years. However, the unavailability of LMS solutions with multi-language support and the reluctance of enterprises to convert existing training content into microcontent is hindering stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Corporate Learning Management System (LMS) Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the rising emphasis on enhancing employee efficiency and productivity, along with increasing spending on offering personalized learning and development experiences. Whereas, the Asia Pacific is expected to grow at the highest growth rate over the forecasting period. Factors such as the rising adoption of cloud and mobile technologies, as well as thriving demand for advanced LMS solutions to effectively manage learning content, are burgeoning the market growth in the forecasting years.
Major market players included in this report are:
- Cornerstone OnDemand
- Blackboard
- iSpring Solutions
- SAP SE
- Docebo
- Adobe
- Paylocity
- Seismic
- Paycor
- Absorb Software
Recent Developments in the Market:
- In September 2022, Cornerstone OnDemand announced that the company entered into a collaborative agreement with BBVA with the objective of advancing its employee growth strategies and managing various talent areas, such as learning, assessment, recruitment, and mobility.
- In July 2022, Blackboard unveils the launch of its Anthology Intelligent Experiences which forms interactive moments by breaking down data silos and incorporating insights in a critical system to inform more relevant engagement among faculty, staff, and learners.
- In April 2022, Instructure declared the acquisition of Concentric Sky which is the maker of Badgr which helps the company to rebrand as "Canvas Badges" as it joins the Instructure Learning Platform. Canvas LMS customers also promote to Badgr Pro's advanced tools suite in new "Canvas Credentials," which presents unlimited analytics, leaderboards, badging, and personalized pathway progress visualizations.
Report Scope:Global Corporate Learning Management System (LMS) Market
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Offering, Deployment Mode, Organization Size, End User, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent to up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study.
The report also caters to detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Offering:
By Deployment Mode:
By Organization Size:
- Small And Medium-Sized Enterprises
- Large Enterprises
By End User:
- Software and Technology
- Healthcare
- Retail
- BFSI
- Telecommunications
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Corporate Learning Management System (LMS) Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Corporate Learning Management System (LMS) Market, by Offering, 2019-2029 (USD Billion)
- 1.2.3. Corporate Learning Management System (LMS) Market, by Deployment Mode, 2019-2029 (USD Billion)
- 1.2.4. Corporate Learning Management System (LMS) Market, by Organization Size, 2019-2029 (USD Billion)
- 1.2.5. Corporate Learning Management System (LMS) Market, by End User, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Corporate Learning Management System (LMS) Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Corporate Learning Management System (LMS) Market Dynamics
- 3.1. Corporate Learning Management System (LMS) Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing need for integrating interactive and personalized training environments
- 3.1.1.2. Growing expenditure on employee workplace training
- 3.1.2. Market Challenges
- 3.1.2.1. Unavailability of LMS solutions with multi-language support
- 3.1.2.2. Reluctance of enterprises to convert existing training content into microcontent
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising incorporation of advanced technologies for better training environment
- 3.1.3.2. Growing trend of virtual online training
Chapter 4. Global Corporate Learning Management System (LMS) Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Investment Adoption Model
- 4.5. Analyst Recommendation & Conclusion
- 4.6. Top investment opportunity
- 4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Corporate Learning Management System (LMS) Market, by Offering
- 6.1. Market Snapshot
- 6.2. Global Corporate Learning Management System (LMS) Market by Offering, Performance - Potential Analysis
- 6.3. Global Corporate Learning Management System (LMS) Market Estimates & Forecasts by Offering 2019-2029 (USD Billion)
- 6.4. Corporate Learning Management System (LMS) Market, Sub Segment Analysis
- 6.4.1. Solutions
- 6.4.2. Services
Chapter 7. Global Corporate Learning Management System (LMS) Market, by Deployment Mode
- 7.1. Market Snapshot
- 7.2. Global Corporate Learning Management System (LMS) Market by Deployment Mode, Performance - Potential Analysis
- 7.3. Global Corporate Learning Management System (LMS) Market Estimates & Forecasts by Deployment Mode 2019-2029 (USD Billion)
- 7.4. Corporate Learning Management System (LMS) Market, Sub Segment Analysis
- 7.4.1. Cloud
- 7.4.2. On-premises
Chapter 8. Global Corporate Learning Management System (LMS) Market, by Organization Size
- 8.1. Market Snapshot
- 8.2. Global Corporate Learning Management System (LMS) Market by Organization Size, Performance - Potential Analysis
- 8.3. Global Corporate Learning Management System (LMS) Market Estimates & Forecasts by Organization Size 2019-2029 (USD Billion)
- 8.4. Corporate Learning Management System (LMS) Market, Sub Segment Analysis
- 8.4.1. Small And Medium-Sized Enterprises
- 8.4.2. Large Enterprises
Chapter 9. Global Corporate Learning Management System (LMS) Market, by End User
- 9.1. Market Snapshot
- 9.2. Global Corporate Learning Management System (LMS) Market by End User, Performance - Potential Analysis
- 9.3. Global Corporate Learning Management System (LMS) Market Estimates & Forecasts by End User 2019-2029 (USD Billion)
- 9.4. Corporate Learning Management System (LMS) Market, Sub Segment Analysis
- 9.4.1. Software and Technology
- 9.4.2. Healthcare
- 9.4.3. Retail
- 9.4.4. BFSI
- 9.4.5. Telecommunications
- 9.4.6. Others
Chapter 10. Global Corporate Learning Management System (LMS) Market, Regional Analysis
- 10.1. Corporate Learning Management System (LMS) Market, Regional Market Snapshot
- 10.2. North America Corporate Learning Management System (LMS) Market
- 10.2.1. U.S. Corporate Learning Management System (LMS) Market
- 10.2.1.1. Offering breakdown estimates & forecasts, 2019-2029
- 10.2.1.2. Deployment Mode breakdown estimates & forecasts, 2019-2029
- 10.2.1.3. Organization Size breakdown estimates & forecasts, 2019-2029
- 10.2.1.4. End User breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Corporate Learning Management System (LMS) Market
- 10.3. Europe Corporate Learning Management System (LMS) Market Snapshot
- 10.3.1. U.K. Corporate Learning Management System (LMS) Market
- 10.3.2. Germany Corporate Learning Management System (LMS) Market
- 10.3.3. France Corporate Learning Management System (LMS) Market
- 10.3.4. Spain Corporate Learning Management System (LMS) Market
- 10.3.5. Italy Corporate Learning Management System (LMS) Market
- 10.3.6. Rest of Europe Corporate Learning Management System (LMS) Market
- 10.4. Asia-Pacific Corporate Learning Management System (LMS) Market Snapshot
- 10.4.1. China Corporate Learning Management System (LMS) Market
- 10.4.2. India Corporate Learning Management System (LMS) Market
- 10.4.3. Japan Corporate Learning Management System (LMS) Market
- 10.4.4. Australia Corporate Learning Management System (LMS) Market
- 10.4.5. South Korea Corporate Learning Management System (LMS) Market
- 10.4.6. Rest of Asia Pacific Corporate Learning Management System (LMS) Market
- 10.5. Latin America Corporate Learning Management System (LMS) Market Snapshot
- 10.5.1. Brazil Corporate Learning Management System (LMS) Market
- 10.5.2. Mexico Corporate Learning Management System (LMS) Market
- 10.6. Rest of The World Corporate Learning Management System (LMS) Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. Cornerstone OnDemand
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. Product Summary
- 11.2.1.5. Recent Developments
- 11.2.2. Blackboard
- 11.2.3. iSpring Solutions
- 11.2.4. SAP SE
- 11.2.5. Docebo
- 11.2.6. Adobe
- 11.2.7. Paylocity
- 11.2.8. Seismic
- 11.2.9. Paycor
- 11.2.10. Absorb Software
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption