What Is The Current and Historic Market Size Analysis Of The Mobile LMS Software Market?
The mobile lms software market has seen considerable growth due to a variety of factors.
• The market size for mobile LMS software has seen a robust expansion over the recent years. The market is set to proliferate from $5.69 billion in 2024 and reach $6.79 billion the following year, yielding a compound annual growth rate (CAGR) of 19.3%.
The considerable growth experienced in the past period is credited to factors such as the transition to digital learning, uptake of cloud-based learning options, gravitation towards mobile learning systems, the emergence of a subscription-based business model, and the increasing number of businesses adopting LMS.
What Are The Predictions for The Mobile LMS Software Market in the Coming Years?
The mobile lms software market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, significant expansion is anticipated in the mobile LMS software market, with its worth forecasted to reach $13.67 billion by 2029, progressing at a compound annual growth rate (CAGR) of 19.1%.
The surge in the nano-learning, the increasing attraction towards microlearning, the growing acceptance of game-oriented learning, the emerging 5G network, and the expansion of low-code LMS platforms will all contribute towards the growth during the forecasted period. The period is also expected to witness major advancements including the incorporation of machine learning, artificial intelligence, enhancements to virtual assistants, integration with productivity instruments, and progression towards immersive learning tools.
Which Drivers Are Accelerating Growth In The Mobile LMS Software Market?
The surge in the need for internet-based education is predicted to accelerate the expansion of the mobile Learning Management System (LMS) software market. Online education, denoting the distribution of instructive content and courses via the web, and e-learning, which includes all types of digital learning via digital platforms and tools, are increasingly sought-after. The necessity for adaptable, easily accessible, and economically viable learning options in a speedily digitizing globe propels this demand. Mobile LMS software boosts engagement and learning effectiveness by allowing flexible access to online education even while on the move. For example, a statistical report released by Eurostat, a Luxembourg-based statistical office, in January 2024 revealed that the percentage of internet users in the EU aged between 16 to 74 engaging in online courses or making use of online learning materials had risen to 30% in 2023, marking a 2 percentage point climb from 2022. Thus, the escalating demand for online education and e-learning is fuelling the growth of the mobile LMS software market.
What Are The Core Segments Of The Global Mobile LMS Software Market?
The mobile LMS software market covered in this report is segmented –
1) By Features And Functionality: Mobile Accessibility, Gamification Elements, Analytics And Reporting, Social Learning Features, Personalized Learning Paths
2) By Deployment Model: Cloud-Based LMS, On-Premise LMS, Hybrid LMS
3) By Application: Large Enterprises, Small And Medium-Sized Enterprises (SMEs)
4) By Industry Vertical: Education, Healthcare, Retail, Manufacturing, Information Technology
Subsegments:
1) By Mobile Accessibility: Cross-Platform Compatibility, Offline Access, Push Notifications, Responsive Design
2) By Gamification Elements: Badges and Rewards, Leaderboards, Quizzes and Challenges, Points and Achievements
3) By Analytics and Reporting: User Progress Tracking, Performance Metrics, Learning Activity Reports, ROI and Engagement Analysis
4) By Social Learning Features: Discussion Forums, Collaborative Learning, Peer Feedback and Ratings, Social Sharing
5) By Personalized Learning Paths: Adaptive Learning Algorithms, Customized Course Recommendations, Self-Paced Learning, Skill Gap Analysis
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What Trends Are Reshaping The Future Of The Mobile LMS Software Market?
Major companies operating in the mobile LMS software market are focusing on developing innovative offerings, such as core learning platforms, to boost student engagement and improve overall learning experiences. A core learning platform is a central digital system that supports the creation, management, and delivery of educational content, facilitates communication and collaboration, and tracks learner progress and performance. For instance, in May 2023, Western University, a public research institution in Canada, partnered with D2L Inc., a Canada-based software company, to launch Brightspace as the backbone of its core learning platform, Online Western Learning (OWL). The new LMS enhances mobile accessibility, features a modern interface, and integrates more effectively with eLearning tools, improving the overall user experience. Designed to support Western’s strategic growth, Brightspace offers greater scalability, stability for large online assessments, and advanced data analytics, aligning with the university’s long-term educational goals.
Who Are the Key Players In The Mobile LMS Software Market?
Major companies operating in the mobile LMS software market are:
• Microsoft Corporation
• Adobe Inc.
• Pluralsight Inc.
• Articulate Global LLC
• Allego Inc.
• Brainshark Inc.
• Disprz Technologies Pvt. Ltd.
• eLearning Brothers
• uQualio ApS
• iSpring Solutions Inc.
• ADInstruments Pty Ltd
• IsEazy
• BizLibrary LLC
• Kami Group Ltd.
• Cerego Inc.
• Epignosis Inc.
• Tweak The Future Innovations Pvt. Ltd.
• Udutu Course Authoring
• Pathwright Inc.
• PaleBlue Inc.
• Learnyst Technologies Pvt. Ltd.
• EduBrite Systems Inc.
• Uxpertise.
What Are The Regional Insights Into The Mobile LMS Software Market?
North America was the largest region in the mobile LMS software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mobile LMS software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
