Report : Europe Learning Management System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Deployment Mode (On-Premise and Cloud), Delivery Mode (Distance Learning, Instructor-Led Training, and Others), and End-User (K-12, Higher Education, and Corporate)
Instructor-led Training Segment to Dominate Europe Learning Management System Market During 2021–2028
According to a new market research study on “Europe Learning Management System Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Deployment Mode, Delivery Mode, and End-user” is expected to reach US$ 14,854.89 million by 2028 from US$ 4,281.04 million in 2021. The market is estimated to grow at a CAGR of 19.5% from 2021 to 2028. The report provides trends prevailing in the Europe learning management system market along with the drivers and restraints pertaining to the market growth. Increasing adoption of e-learning across institutions and combination of technologies such as artificial intelligence are the major factor driving the growth of the Europe learning management system market. However, presence of free of cost learning management platforms hinders the growth of Europe learning management system market.
The Europe learning management system market is segmented based on deployment mode, delivery mode, end-user, and country. Based on deployment mode, the Europe learning management system market is segmented into on-premise and cloud. The cloud segment dominated the Europe learning management system market in 2020 and same segment is expected to be fastest growing during forecast period. Based on delivery mode, the Europe learning management system market is segmented into distance learning, instructor-led training, and others. The instructor-led training segment dominated the Europe learning management system market in 2020 and same segment is expected to be fastest growing during forecast period. Based on end-user, the Europe learning management system market is segmented into K-12, higher education, and corporate. The higher education segment dominated the Europe learning management system market in 2020 and corporate segment is expected to be fastest growing during forecast period. Based on country, the Europe learning management system market is segmented into the UK, Germany, France, Italy, Russia, and rest of Europe.
Blackboard Inc., Cornerstone, D2L Corporation, Docebo, International Business Machines Corporation, itslearning AS, LTGplc, Hurix, SAP SE, and Zoho Corporation Pvt. Ltd. are among the leading companies in the Europe learning management system market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Zoho Corporation Pvt. Ltd. launches a new business division TrainerCentral, which offers a robust training platform built to serve the booming e-learning market.
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