Learning Management System (LMS) Market - Forecast(2020 - 2025)
Capital investments are pouring into smart learning start-ups as investors are trying to gain a foothold in the emerging e-learning business ecosystem. This is reflecting positively over the concept of learning management system (LMS). Mergers and acquisitions are a prominent trend in the global LMS market currently. According to LMS.org, Germany-based Bertelsmann purchased OnCourse Learning, a digital learning provider for healthcare and finance for $500 million. Other notable investments include $64m to Coursera in 2017, and funding of $190m for Evarfi, an internet-based educational startup that serves Google, Airbnb, and Oracle. The learning management system market was valued to be $9.4 billion in 2018. With increasing demand, the global learning management system is projected to grow with a CAGR of 18.95% during the forecast period of 2019 to 2025. North America was the most dominant region in the learning management system, accounting for a share of 34.25% in 2018. This hefty m...