Corporate Learning Management Systems: Global Strategic Business Report

Global Corporate Learning Management Systems Market to Reach $24 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Corporate Learning Management Systems estimated at US$4.7 Billion in the year 2020, is projected to reach a revised size of US$24 Billion by 2027, growing at a CAGR of 26.2% over the analysis period 2020-2027. Solutions, one of the segments analyzed in the report, is projected to record 25.5% CAGR and reach US$15.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 27.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 33.1% CAGR

The Corporate Learning Management Systems market in the U.S. is estimated at US$1.3 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$5.8 Billion by the year 2027 trailing a CAGR of 32.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 20.7% and 24% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 22.4% CAGR.

Select Competitors (Total 33 Featured) -

• Absorb Software
• Adobe Systems
• Blackboard
• Cornerstone Ondemand
• Crossknowledge
• Cypher Learning
• D2L
• Docebo
• Epignosis
• Expertus

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