{"id":28178,"date":"2022-03-19T10:39:00","date_gmt":"2022-03-19T10:39:00","guid":{"rendered":"https:\/\/coursemethod.com\/?p=28178"},"modified":"2022-08-16T20:44:27","modified_gmt":"2022-08-16T20:44:27","slug":"lms-industry-statistics","status":"publish","type":"post","link":"https:\/\/coursemethod.com\/lms-industry-statistics.html","title":{"rendered":"32 LMS Industry Statistics & Trends"},"content":{"rendered":"\n
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If you’re involved in eLearning, then you need to know about the latest LMS industry statistics and trends. Learning management systems<\/a> (also known as an LMS) help with the delivery of online training material. They make it easy for learners to consume the content as well as keep track of their progress, and follow the training in a structured way.<\/p>\n\n\n\n

The online learning industry<\/a> is growing at an exponential rate which will result in high growth in the LMS industry. That’s because as digital training grows, the LMS market will grow to keep up with the demands to conveniently deliver that training.<\/p>\n\n\n\n

In this blog post, we’ll share 32 statistics that will help you understand the state of the LMS industry. This information is essential for anyone who wants to stay ahead of the curve in eLearning. After reading these statistics, you’ll know what’s happening in the LMS industry and where it’s headed. So let’s get started!<\/p>\n\n\n\n

<\/span>Learning Management System Industry Statistics<\/span><\/h2>\n\n\n\n

1.<\/strong> The learning management system (LMS) market is expected to reach 29 billon U.S. dollars by 2026. (Global News Wire)<\/p>\n\n\n\n

\"Features<\/figure>\n\n\n\n

2.<\/strong> The online learning market was worth about 101 billion U.S dollars worldwide in 2019. The global eLearning market is expected to grow to over 370 billion U.S. dollars by 2026. (Statista)<\/p>\n\n\n\n

3.<\/strong> The education industry was valued at 1.57 trillion U.S. dollars in 2019. It is expected to keep growing at a rate of 2.77% and is estimated to be valued at $1.96 trillion U.S. dollars by 2025. (Research and Markets)<\/p>\n\n\n\n

4.<\/strong> Learning management platforms have grown exponentially over the last decade. Additional estimates showed the LMS market was worth 2.5 billion U.S. dollars in 2013 and 7.8 billion U.S. dollars in 2018. By 2022, the same analysis expected the estimated worth of the LMS market to grow to $15.72 billion U.S. dollars. That was about a 7 x increase during less than a decade. (iSpring Solutions)<\/p>\n\n\n\n

\"LMS<\/figure>\n\n\n\n

5.<\/strong> Additional estimates show that the LMS market will reach a value of $28.1 billion by the end of 2025. (Research.com)<\/p>\n\n\n\n

6.<\/strong> ‘Learning management system’ as a keyword is typically searched over 8,000 times per month on Google.  This and similar phrases, like LMS, etc. are likely searched for 100,000 + times per month when they are combined. (Ahrefs)<\/p>\n\n\n\n

7.<\/strong> 23% of companies have been using the same LMS for more than five years. (Docebo)<\/p>\n\n\n\n

8.<\/strong> 44% of companies are not satisfied with their current learning management system. (Brandon Hall Group)<\/p>\n\n\n\n

9.<\/strong> There are 282 LMS software platforms with verified reviews on G2. (G2.com)<\/p>\n\n\n\n

10.<\/strong> 70% of learning and development (L & D) departments used an LMS for their training programs in 2020. (Statista)<\/p>\n\n\n\n

\"70%<\/figure>\n\n\n\n

11.<\/strong> According to G2.com, the top 10 LMSs with rankings over 4.5 stars and a high number of reviews include Tovuti LMS, Absorb LMS, Brainier LMS, LearnUpon LMS, Path LMS, Chamilo LMS, Pluto LMS, Elevate LMS, Tutor LMS, and IELTS LMS. (G2.com)<\/p>\n\n\n\n

12.<\/strong> The top 5 LMS according to elearningindustry.com, are; Adobe Captivate Prime, TalentLMS, Docebo, 360Learning, and SAP Litmos. (eLearning Industry)<\/p>\n\n\n\n

13.<\/strong> Functionality and price are the two most important factors organizations consider before purchasing LMS software. (eLearning Industry)<\/p>\n\n\n\n

14.<\/strong> More than 100,000-course creators are using Teachable<\/a> as their online course platform by 2020. These instructors have used Teachable<\/a> to earn over $500 million selling their digital training<\/a>. (Teachable<\/a>)<\/p>\n\n\n\n

15.<\/strong> About one-fifth, or 21%, of the global LMS market is accounted for by the education industry. Other sectors with large usage of the LMS market include manufacturing, healthcare, technology, and consulting. (Guide2research)<\/p>\n\n\n\n

16.<\/strong> U.S. companies spent $92.3 billion on training in 2020-2021. Most of this was on virtual learning due to the COVID-19 pandemic. (TrainingMag.com)<\/p>\n\n\n\n

17.<\/strong> 2021 stats showed that 98% of large companies currently use an LMS to deliver their training. 96% of midsize companies use an LMS and 80% of small companies use an LMS to deliver their training. (TrainingMag.com)<\/p>\n\n\n\n

18.<\/strong> Additional stats showed that …<\/p>\n\n\n\n