What is the LMS market?

The global learning management system (LMS) market size was USD 10.84 billion in 2020. The global impact of COVID-19 has been unprecedented and staggering, with LMS witnessing a positive demand shock across all regions amid the pandemic….

What is the most used LMS in the world?

While Blackboard remains the most popular LMS (28 percent of institutions and 37 percent of enrollments), Canvas is hot on its heels, accounting for 21 percent of institutions (up from 17 the previous year) and 27 percent of enrollments.

How much is the LMS market worth?

The global learning management system market size was valued at USD 1.2 Billion in 2020 and is projected to hit USD 3.6 Billion by 2027,at a Compound Annual Growth Rate (CAGR) of 20.76\% from forecast period 2020 to 2027.

How many LMS are available?

By our estimates, more than 800 LMS vendors compete in today’s learning platforms marketplace in 2019 (up from 600 we originally tracked in 2014). These LMS vendors range from global software companies to tiny cloud vendors.

How big is the corporate LMS market?

Global Corporate Learning Management System (LMS) market size is projected to grow at CAGR of 23\% with Revenue USD 12.48 bn during the forecast period 2021-2024. The “YOY (year-over-year) growth rate for 2021 is estimated at 25.34\%” by the end of 2024.

What percentage of colleges use canvas?

Canvas is now the market leader in terms of institution count at 31\%, with Moodle at 24\%, Blackboard at 23\%, and D2L Brightspace at 12\%.

Is Google suite a LMS?

Create, manage, and grade assignments within your LMS using G Suite for Education. You can collaborate with students more easily, save time, and use the built-in grading tool to manage feedback all in one central place.