Learning Management System (LMS) Market Emerging Technologies, Industry Demand, CAGR Status, Global Competitors and Future Scope

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Cornerstone OnDemand (US), Blackboard (US), PowerSchool (US), Instructure (US), D2L (Canada), SAP (Germany), SumTotal (US), IBM (US), LTG (UK), Oracle (US), Infor (US), Adobe (US), and Docebo (US).
Learning Management System (LMS) Market by Component (Solutions and Services), Delivery Mode (Distance Learning, Instructor-led Training, and Blended Learning), Deployment, User Type (Academic and Corporate), and Region (2022 – 2026)

TRENDS IN learning management system

A learning management system (LMS) is an e-learning platform used to design, deliver, and track training programs. It offers a blended learning environment, extensive batch management, monitoring of course completion, and automation for a seamless training experience. Organizations deploy LMS to impart goal-specific training and make learning easy and interactive. LinkedIn’s Workplace Learning Report (2022) puts learning and development (L&D) at the forefront of businesses, with 53% of learning and development (L&D) professionals suggesting that the learning function is integral to success and 48% of organizations working toward deploying learning management systems by increasing their investment capacity.

Cornerstone OnDemand, D2L, Blackboard, IBM (Kenexa), Adobe Systems, Docebo, and Cypher Learning are among the key players in the Learning Management System Market.

Major trends that play an instrumental role in shaping the learning management system market include:

LMS offers easy integration capabilities to business systems and has become a top priority to enable a learning strategy that directly impacts business processes and results
Artificial intelligence (AI) and machine learning (MI) technologies streamline learning and facilitate e-learning management through data analytics, chatbots, and assigning of tasks
Gamification and game-based learning instill motivation through badges, points, and leaderboards, encouraging learners to focus more on the course
Integrating microlearning—which has a higher completion rate and could be used as on-the-go training—with LMS will make it easier for learners to access course materials anywhere
Augmented reality (AR) and virtual reality (VR) allow trainers to understand and measure users’ progress and take corrective measures to boost efficiency
Big data analytics can determine the company’s ROI on training by analyzing user experiences and performance data

There is no question that technology has transformed businesses today. We now live in an interconnected world where traditional training methods have become less relevant. With technological advances, modern LMS has become more than an administrative tool to deliver and track e-learning—it has adapted to innovative trends and techniques, creating a more personalized and collaborative learning experience.

Cornerstone OnDemand is one of the leading global providers of learning and HCM software, delivered through software as a service (SaaS). The company offers products, such as recruitment suit, performance suite, and learning suit. Cornerstone OnDemand provides solutions to industries such as government, healthcare, life sciences, education manufacturing, retail, and finance and insurance, K-12 and higher education. In October 2020 Cornerstone OnDemand partnered with ServiceNow to improve workplace learning by offering platform interoperability. The integration of Cornerstone Learning solution with ServiceNow HR services Delivery solution allowed employees to access tasks and training directly in ServiceNow.

Blackboard is a provider of education solutions for K-12, higher education, and corporate markets. The company offers a wide range of learning and analytical platforms for enhanced collaborative, interactive, and mobile learning experiences. Their offerings in the LMS market include Blackboard Learn, Blackboard Reach, Blackboard Unite, and Blackboard Instructor. In November 2020, Blackboard launched a new feature called Blackboard Assist for its Blackboard Learn LMS. The feature would help students to connect to the institution’s support services.

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