Europe Learning Management Systems (LMS) Market Size, Share & Trends Analysis Report By Component (Solution, Services, Consulting, Implementation, Support Services), By Deployment (Cloud, On-premises), By Enterprise Size (Small & Medium Enterprise, Large Enterprises), By Delivery Mode (Distance Learning, Instructor-led Training, Blended Learning), By End-User (Academic, Corporate, Government & Non-profit Organizations), By Application Areas (User Managment, Course Management, Content Management, Corporate Training & Devlopment, Professional Certification & Compliance, Onboarding & Orientation, Others Application Areas) and By Country(U.K., Germany, France, Italy, Russia, Nordic, Benelux, Rest of Europe) Forecasts, 2022-2030

Market Overview

The Europe learning management system (LMS) market size was valued at USD 4,954 million in 2021 and is projected to reach USD 25,014 million by 2030, registering a CAGR of 19.42% during the forecast period (2022 to 2030).

A Learning Management System (LMS) is software that documents, monitors, reports on, and delivers training courses and programs. With the assistance of LMSs, employees can cost-effectively acquire knowledge, resulting in numerous advantages for companies. Moreover, the functionality of LMS platforms has made the learning process more straightforward than ever before. LMS solutions enable educational institutions to collaborate with students from around the world.

Europe is the second largest contributor to the global learning management system market due to businesses' increasing adoption of e-learning to emphasize continuous learning practices and the market trend of employing cloud technology to expedite learning.

Highlights

• The solution segment dominates the market by Component.
• The distance Learning segment dominates the market by delivery mode.
• The cloud segment dominates by Deployment.
• The corporate segment dominates by user groups.

Market Dynamics

Europe Learning Management System (LMS) Market Drivers:

The emergence of Mobile Learning and BYOD as a Business Trend

Due to the costs associated with traditional teaching methods, organizations worldwide opt for e-learning services for employee training and education. Bring your own device (BYOD) is rapidly becoming a global trend in which employees bring their own devices to work for work-related or other purposes, such as training and development. With the increase in digital technology adoption and preference for BYOD, businesses are concentrating on implementing LMS on smartphones for integrated employment training. Smartphones, laptops, tablets, and USB drives are the most prevalent examples of BYOD devices that employees bring to work. In addition, the BYOD concept provides advantages such as innovation, increased productivity, cost savings, and access to online training materials on employees' devices to facilitate intelligent learning. Corporate promotion of the BYOD culture is mandated by the compatibility of learning management systems with mobile devices and social learning.

Europe Learning Management System (LMS) Market Restraints:

Enterprise Resistance to Converting Existing Training Content to Microcontent

Numerous organizations rely on comprehensive training and development programs and possess training and development content that is difficult to convert into microcontent. Due to its tediousness and expense, organizations must invest more in transforming their existing training content into microcontent. To implement microlearning-based training, it is difficult for an organization to organize and manage content within the micro-framework, and it may be necessary to create training content from inception, which can be costly.

Europe Learning Management System (LMS) Market Opportunities:

Artificial Intelligence (AI) Implementation in Learning Management Systems

Implementing artificial intelligence in learning management systems will generate market expansion opportunities. Integrating artificial intelligence into LMS will enable periodic and gradual performance evaluations to classify students/users according to their abilities, paving the way for developing advanced and highly intuitive training programs. Artificial intelligence's intuitive and predictive development capabilities make it the ideal ally for virtual education through learning management systems.

Regional Analysis

Europe is a significant revenue contributor to the market globally and is expected to grow at a CAGR of 25% during the forecast period. Europe is a mature market for e-learning products and services, with demand from schools, municipalities, universities, and corporations. Due to the prevalence of training solution providers and training professionals, corporate training is one of the most dynamic sectors in Europe. The European learning management systems market is highly competitive, with numerous regional and international vendors present. In addition, the market includes several new entrants and providers with a singular focus on particular applications. Adobe, Moodle, D2L, Docebo, and Expertus are some of the leading participants in the Europe LMS market.

Segmental Analysis

The Europe learning management system (LMS) has been categorized into four segments, Component, Delivery Mode, Deployment, and User Group.

Based on Components, the Learning Management Systems market is segmented into: Solutions and Services.

The solution segment is expected to grow with the highest CAGR of 19.66% during the forecast period owing to an increase in legacy system upgrades to activate the latest technology and use cases.

Based on Delivery Mode, the Learning Management Systems market is segmented into three: Distance Learning, Instructor-led Training, and Blended Learning.

The Distance Learning segment dominated the market and is expected to grow at a CAGR of 18.98% during the forecast period.

Based on Deployment, the Learning Management Systems market is segmented into Cloud and On-Premise.

The cloud segment holds the highest market share and is expected to grow at a CAGR of 19.67% over the forecast period, as the Learning Management System is primarily designed for Cloud entertainment.

Based on User Group, the Learning Management Systems market is segmented into: Academic and Corporate.

The corporate segment holds the highest market share and is expected to grow at a CAGR of 19.66% over the forecast period due to the increasing number of Learning Management System deployments in different industries.

Recent Developments

• October 2022- Cornerstone unveiled its new Talent Experience Platform (TXP), designed to help talent leaders unleash the limitless potential of their workforce and streamline their processes.
• October 2022- Google Classroom received a new feature. Teachers can save time by adding evaluation category information before exporting Google Classroom assignments.
• July 2022- Anthology unveiled Anthology Intelligent Experiences (iX)TM, the company's vision for a connected ecosystem of products and services that utilize data to fuel meaningful interactions inside and outside the classroom. The Anthology iX strategy will generate interactive moments by dismantling data divisions and combining insights across core systems to facilitate more pertinent engagement between staff, faculty, and students.