Next Gen Learning Management System (LMS) Market for Higher Education: USD 4.05 billion Growth from 2020 to 2025 | Vendors Adding Innovative Features to Traditional LMS | Technavio – QNT Press Release


NEW YORK, June 14, 2022 /PRNewswire/ — There is a need for cost-effective LMS for higher education. Hence, colleges and universities are looking for advanced LMS. The next gen LMS has features such as social integration, learning analytics, and efficient accessibility.

Technavio estimates that the next gen learning management system (LMS) market size for higher education will grow by USD 4.05 billion from 2020 to 2025. The growth momentum of the market will accelerate at a CAGR of 30% during the forecast period.

Get a comprehensive report summary describing the market size and forecast along with research methodology. The sample report is available in PDF format

Porter’s Five Forces Analysis

  • Bargaining power of suppliers

The global next gen learning management system (LMS) market has no suppliers. Hence, the bargaining power of suppliers was low in 2020 and is expected to remain the same during the forecast period.

The Report offers information on all the Porter’s Five Forces. Buy Now to gain insights that will help you improve your business.

Vendor Landscape

The global next gen LMS market for higher education is still in its growth stage. Vendors that offer traditional LMS solutions are adding innovative features to maintain their position in the market. The market has become more fragmented. It is becoming more difficult for end-users to select appropriate products due to the increased number of vendors and a wide variety of LMS solutions available in the market. Some of the key vendors operating in the market include Blackboard Inc., D2L Corp., Docebo Inc., Edmodo, and Growth Engineering.

The report provides a full list of key vendors, their strategies, and the latest developments. Request a PDF Sample Now

Market Segmentation

The next gen learning management system (LMS) market for higher education has been segmented by application into blended learning, content management, CBE, and learning analytics. The blended learning segment will have significant market share growth during the forecast period. Regulators have emphasized blended learning methods in the education industry more than traditional learning methods, which is driving the market.

By geography, the market has been segmented into North America, EuropeAPAC, South Americaand the Middle East and Africa. North America will have the highest market growth during the forecast period. The region has a presence of major companies such as SAP, BASF SE, and Bayer AG.

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a PDF Sample Report

Key Drivers and Trends

The need for cost-effective LMS for higher education will drive the growth of the next gen learning management system (LMS) market for higher education during the forecast period. Colleges and universities are looking to replace traditional LMS with software as a service (SaaS)-based LMS. Moreover, the need for efficient LMS and the ongoing rise of learning models such as flipped classrooms and CBE have fueled the demand for the next gen LMS.

The increasing learning experiences using SMAC is a trend in the market. Institutions worldwide are using social, mobile, analytics, and cloud (SMAC). SMAC uses technologies that are familiar to the students in everyday learning. This enables students to access the contents of the LMS from anywhere.

Apart from the increasing learning experiences using SMAC, many other trends are also shaping the future of the market. View PDF Sample Report to learn about these…

Full story available on Benzinga.com



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