Report : North America Learning Management System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Deployment Mode (On-Premise and Cloud), Delivery Mode (Distance Learning, Instructor-Led Training, and Others), and End-User (K-12, Higher Education, and Corporate)
Cloud Segment to Dominate North America Learning Management System Market During 2021–2028
According to a new market research study on “North America Learning Management System Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Deployment Mode, Delivery Mode, and End-user” is expected to reach US$ 20,530.65 million by 2028 from US$ 6,372.16 million in 2021. The market is estimated to grow at a CAGR of 18.2% from 2021 to 2028. The report provides trends prevailing in the North America learning management system market along with the drivers and restraints pertaining to the market growth. Growing adoption of e-learning across institutions and amalgamation of technologies such as artificial intelligence are the major factor driving the growth of the North America learning management system market. However, availability of free of cost learning management platforms hinders the growth of North America learning management system market.
The North America learning management system market is segmented based on deployment mode, delivery mode, end-user, and country. Based on deployment mode, the North America learning management system market is segmented into on-premise and cloud. The cloud segment dominated the North America learning management system market in 2020 and same segment is expected to be fastest growing during forecast period. Based on delivery mode, the North America learning management system market is segmented into distance learning, instructor-led training, and others. The instructor-led training segment dominated the North America learning management system market in 2020 and same segment is expected to be fastest growing during forecast period. Based on end-user, the North America learning management system market is segmented into K-12, higher education, and corporate. The higher education segment dominated the North America learning management system market in 2020 and corporate segment is expected to be fastest growing during forecast period. Based on country, the North America learning management system market is segmented into the US, Canada, and Mexico.
Blackboard Inc., Cornerstone, D2L Corporation, Docebo, International Business Machines Corporation, itslearning AS, LTGplc, Hurix, SAP SE, and Zoho Corporation Pvt. Ltd. are among the leading companies in the North America learning management system market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Docebo has introduced a learning analytics which is the newest addition to its multi-product learning suite. It allows enterprises to learn lifecycle to give customers the ability to create, manage, deliver, and measure the business impact of learning.
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