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Learning Management Systems (LMS) Market In-Depth Analysis By 2030

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New York, April 26, 2023 (GLOBE NEWSWIRE) — As per a recent report by Reports Insights, the Learning Management Systems (LMS) market is ready for exponential expansion and is estimated to reach over USD 69.69 Billion by 2030. The market, which was valued at USD 17.36 Billion in 2022, is expected to grow at a compound annual growth rate of 19.2% during the period 2023-2030. The report presents an evaluation of the market’s competitive environment, regional patterns, segmentation, and emerging technologies. The objective of the study is to offer a complete comprehension of the market’s dynamics and the factors propelling its expansion. This assessment is founded on a thorough examination of the market’s past and current trends, macro-economic aspects, and industry dynamics, which are anticipated to influence the market’s growth trajectory in the projected period.

Businesses that invest in a learning management system (LMS) witness a favorable outcome in terms of employee retention and productivity. LMS acts as an effective tool for delivering employee training and development programs as per business requirements. The programs help to equip employees with the knowledge and skills required to make advances within their specific career and organization. Hence, the favorable adoption of LMS within organizations to increase employee retention is expected to offer lucrative opportunities for the market.

Moreover, businesses are becoming more globalized, the need for multilingual and multicultural learning solutions is expected to grow. LMS providers are responding to this demand by offering platforms that support multiple languages and cultures.

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The COVID-19 pandemic has accelerated the trend towards remote work. As more people work from home, the demand for remote learning solutions, including LMS, has witnessed an increase in demand during the pandemic. For instance, according to the news release published by The Bureau of Labor Statistics in February 2022, approximately 34 percent of Private based employers offered favorable opportunities for their employees to work remotely during the COVID-19 pandemic. Moreover, the advent of pandemic has forced almost 60 percent of employers to maintain these policies in coming years. Thus, the growing adoption of remote work policies among businesses as well as professionals is anticipated to create profitable avenues for the learning management systems (LMS) market.

The growing integration of technologies such as artificial intelligence (AI) and machine learning is expected to offer more sophisticated features and capabilities to LMS providers to enhance the learning experience of individuals in academic and corporate spaces.

LMS providers are increasingly integrating their systems with other learning technologies such as learning experience platforms (LXPs), video conferencing tools, and virtual reality (VR) platforms. This integration is expected to provide more comprehensive learning solutions, which will increase the adoption of LMS.

Personalized learning is becoming increasingly important as educators recognize the benefits of customizing the learning experiences for individual students. Hence, the growing preference for personalized learning experiences among students as well as professionals is anticipated to create lucrative opportunities for the LMS market.

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Report Attributes Report Details
Market Size By 2030  USD 69.69 Billion
Forecast Period 2023-2030
CAGR (2023-2030) 19.2%
Base Year 2022
Study Timeline 2017-2030
Key Players Blackboard Inc. (Anthology), Instructure, Inc., IBM, Docebo, Oracle, Infor, SAP SE, Adobe, PowerSchool, LearnWorlds. Open LMS (Learning Technology Group plc), 360Learning, iSpring, SkyPrep Inc., Tovuti LMS, WBT Systems
By Component Software and Service
By Deployment Model On-Premise and Cloud
By User Type Academic (K-12 and Higher Education) and Corporate (Retail, Healthcare, Government & Defense, Manufacturing, IT & Telecom, Hospitality, Automotive, and Others)
Report Coverage Company Ranking and Market Share, Regional Competitive Landscape, Growth Factors, Total Revenue Forecast, Business Strategies, and More.
By Geography North America 

Asia-Pacific 

South America 

Europe

Middle East & Africa

Key Market Takeaways

  • North America accounted for the highest market share over 33.1% in 2022 due to the established presence of various market players such as Blackboard Inc. (Anthology), Instructure, Inc., Oracle, Tovuti LMS, and others in the region.
  • The global Learning Management Systems (LMS) market size is projected to reach over USD 69.69 Billion by 2030 with an excellent CAGR of 19.2% during the forecast period (2023-2030).
  • Based on the component segment, the service segment accounted for the highest market share in 2022.
  • Based on the deployment model segment, the on-premise segment accounted for the highest market share in 2022.
  • Based on the user type, the corporate segment accounted for the highest market share of the learning management systems (LMS) market statistics in 2022.
  • Asia Pacific is estimated to register the fastest CAGR rate of over 19.6% during the forecast period. The growing adoption of e-learning among students and professionals is expected to create profitable avenues for the Learning Management Systems (LMS) market in the region.

Find What You Need With Our Detailed Table Of Contents (TOC) & Summary Of Learning Management Systems (LMS) Market Report @ https://www.reportsinsights.com/industry-forecast/learning-management-systems-lms-market-statistical-analysis-673862

Learning Management Systems (LMS) Market Growth Drivers:

  • The globalization of the workforce in various organizations has led to the need for LMS platforms that support multilingual and multicultural learning environments. The favorable demand for LMS platforms to deliver content in different languages and adapt to local cultural norms is highly valued in the global market.
  • The need for cost reduction has become even more pressing in the wake of the COVID-19 pandemic, as many organizations have had to shift their training programs to remote or hybrid formats. LMS solutions have been instrumental in facilitating this transition and ensuring that employees can continue to receive the training and education they need to perform their jobs effectively.

Restraints

  • Various LMS platforms offer limited scope of customization, especially for educational institutions. As a result, the limited adoption of LMS solutions by several institutions due to lack of personalization options adversely impacts the learning management systems (LMS) market growth.
  • Several LMS providers offer limited customization options, which acts as a restricting factor for organizations that have specific needs. This leads to dissatisfaction with the LMS and a reluctance to invest in the system.

Competitive Landscape

As per the study, various key players such as Blackboard Inc. (Anthology), Instructure, Inc., Oracle, IBM, SAP SE, and Adobe, are leading companies operating in the latest market space. The LMS market is highly competitive, with providers competing on features, pricing, and ease of use. The market is also evolving rapidly, with the shift towards cloud-based solutions, mobile learning, and AI-powered analytics driving innovation and new product development.

Recent Developments

In March 2023, Anthology introduced the Anthology Education and Research Center’s actionable research and thought leadership hub website. The website is the Center’s newest undertaking to assist the education and education technology communities by providing practical research and thought leadership.

In March 2023, Instructure introduced a latest feature called Canvas Admin Analytics for their learning management system named Canvas. The new feature is meant to be accessible by all Canvas LMS users at no extra charge and offers powerful self-service analytics to help administrators track the adoption and usage of Canvas, as well as course activity, outcomes, and student engagement.

List of Major Learning Management Systems (LMS) Market Players

  • Blackboard Inc. (Anthology)
  • Instructure, Inc.
  • Oracle
  • IBM
  • Docebo
  • Infor
  • SAP SE
  • Adobe
  • PowerSchool
  • LearnWorlds
  • Open LMS (Learning Technology Group plc)
  • 360Learning
  • iSpring
  • SkyPrep Inc.
  • Tovuti LMS
  • WBT Systems

Global Learning Management Systems (LMS) Market Segmentation: 

  • By Component
    • Software
    • Service
  • By Deployment Model
    • On-Premise
    • Cloud
  • By User Type
    • Academic
      • K-12
      • Higher Education
    • Corporate
      • Retail
      • Healthcare
      • Government & Defense
      • Manufacturing
      • IT & Telecom
      • Hospitality
      • Automotive
      • Others

Key Questions Covered in the Learning Management Systems (LMS) Market Report

  • What factors are taken into consideration in PORTER’s and PESTEL analysis that reflect the current state of the Learning Management Systems (LMS) market?
    • The factors such as the number and market position of a specific company’s competitive rivals, potential new market entrants, customers, suppliers, and alternative products that affect a company’s profitability are included in PORTER’s analysis. However, the factors including social factors, political situation in a particular country, environmental factors, technological developments, the legality of actions, and economics are deeply analyzed in PESTEL analysis of the advanced process control market.
  • What are the primary drivers behind the increased demand for Learning Management Systems (LMS) among businesses?
    • The primary market drivers are the increasing demand for e-learning, the need for personalized learning, the rise of remote work, and growing awareness of the benefits of e-learning.
  • Who are the major market players in the latest Learning Management Systems (LMS) market, and which company has the largest market share?
    • Blackboard Inc. (Anthology), Instructure, Inc., IBM, Oracle, and Tovuti LMS are major companies that comprise the latest Learning Management Systems (LMS) market competitive landscape.

• How competitive is the Learning Management Systems (LMS) industry, and what factors will influence its competitiveness in the future?

    • The Learning Management Systems (LMS) market is highly competitive where companies offer product innovations to maintain market position in this rapidly evolving market, with the shift towards cloud-based solutions, and mobile learning.
  • What information is covered in recent advancements and trends in the Learning Management Systems (LMS) market, and how are they affecting the industry?
    • The factors related to advancements in Industry 4.0, improvements in natural language processing models, adoption of 5G internet, Internet of Things, and others are covered in recent advancements and trends of in the advanced process control market.

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About Reports Insights Consulting Pvt Ltd

ReportsInsights Consulting Pvt Ltd. is the leading research industry that offers contextual and data-centric research services to its customers across the globe. The firm assists its clients to strategize business policies and accomplish sustainable growth in their respective market domains. The industry provides consulting services, syndicated research reports, and customized research reports. Topnotch research organizations and institutions to comprehend the regional and global commercial status use the data produced by ReportsInsights Consulting Pvt Ltd. Our reports comprise in-depth analytical and statistical analysis on various industries in foremost countries around the globe.

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Artificial Intelligence

QSAN Unveils Latest Solutions for AI Era at COMPUTEX 2024

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Introducing Next-Gen NVMe Array and All-New Container Platform
TAIPEI, April 24, 2024 /PRNewswire/ — AI is sweeping the globe, transforming industries and spurring enterprises to adopt AI in business. As companies gear up to seize this incredible opportunity of rapid business growth, upgrading their IT infrastructure is the first step. At COMPUTEX 2024, QSAN will unveil state-of-the-art solutions to assist enterprises in the AI era.

Unparalleled Performance All NVMe Flash ArrayThe next-generation XCubeFAS 5226 is now delivering extremely fast performance. It features low latency, high throughput, and robust IOPs to accelerate demanding workloads for the upcoming AI era.
Innovative Container PlatformThe KubeSwift series is an innovative appliance that empowers SMBs with CaaS (Container as a Service) capabilities. This all-in-one solution streamlines containerized application deployment, management, and scaling, providing a robust foundation for modern IT infrastructures.
High Scalability Enterprise Unified StorageAs artificial intelligence continues to advance, the value of data will grow exponentially, driving the need for expanded storage capacity. XCubeNXT is an enterprise unified storage system with PB-level scalability, high availability, and multi-functional connectivity. It aims to prepare for storing massive amounts of material generated by AI.
Register for QSAN Tech Talk
QSAN will host tech talks to provide insights into storage technology and the future. Professionals will have in-depth discussions on topics such as AI applications, storage technology trends, market analysis, and prediction. Register for tech talk for more forecasts.
Make an Appointment with a QSAN Expert Consultant
Tailor-made storage consulting will also be available at COMPUTEX 2024. For the best chance of accelerating your business, make an appointment with a QSAN expert.
QSAN at 2024 COMPUTEX Information
Event Date: June 4 ~ 7, 2024Event Time: (GMT+8) 9:30 AM ~ 05:30 PMBooth No.: M1435a (AI Computing & System Integration)Location: 4F, Taipei Nangang Exhibition Center, Hall 1 (TaiNEX 1)Address: No.1, Jingmao 2nd Rd., Nangang District, Taipei City 115, Taiwan
QSAN Showroom for Tech Talk and Expert Consultant
Event Date: June 4 ~ 7, 2024Event Time: (GMT+8) 10:00 AM ~ 05:30 PMLocation: QSAN ShowRoomAddress: No. 2, Ln. 1, Fukang St., Nangang District, Taipei City 115, Taiwan
For more information, please visit: www.QSAN.com
Media Contacts Email: [email protected] Address: 4F., No.103, RuiHu Street, NeiHu District, Taipei, Taiwan11494 Phone: +886-2-7720-2118

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Kanazawa University research: Biochemical tails tell a story

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KANAZAWA, Japan, April 24, 2024 /PRNewswire/ — Researchers at Nano Life Science Institute (WPI-NanoLSI), Kanazawa University report in Nano Letters how the use of high-speed atomic force microscopy helps to understand the crucial role played by certain biomolecules in DNA wrapping dynamics.

In plants and animals, the basic packaging units of DNA, which carry genetic information, are the so-called nucleosomes. A nucleosome consists of a segment of DNA wound around eight proteins known as histones. During gene expression (the process lying at the basis of protein production), nucleosomes are involved in various dynamical structural changes, such as nucleosome sliding, DNA unwrapping and other DNA–histone interactions. Of particular importance in these processes are the end structures, or tails, of the histones. Histone tails undergo chemical modifications, changing the histone’s functionality as needed. Detailed studies, and especially visualizations, of nucleosome dynamics are crucial for better understanding the role of histone tails. Mikihiro Shibata from Kanazawa University and colleagues have now succeeded in making video recordings of tail-less nucleosomes, showing that the absence of histone tails significantly increases a nucleosome’s dynamic activity.
The scientists used high-speed atomic force microscopy (HS-AFM), a powerful nanoimaging tool for visualizing molecular structures and their dynamics at high spatial and temporal resolution. For this, the nucleosomes needed to be put onto a substrate. Shibata and colleagues used a film of so-called pillar[5]arenes (molecules with a pentagonal tubular structure) as the substrate, forming an ideal surface as the nucleosomes are easily adsorbed to it without dynamical processes getting suppressed.
The researchers first looked at nucleosomes for which all eight histones lacked tails. Based on their HS-AFM observations, they concluded that nucleosome sliding and DNA unwrapping/rewrapping occurred more often than for normal (canonical) nucleosomes. This suggests that without tails, the histone–DNA interaction is weakened, leading to a situation in which DNA can more easily detach from the histones.
To better understand the roles of specific histone tails, Shibata and colleagues prepared nucleosomes where one type of histone was tailless. There are four different types of histones, called H2A, H2B, H3 and H4. HS-AFM experiments on the nucleosomes revealed that H2B and H3 tail-less nucleosomes showed an increased frequency of dynamics. Conversely, this means that canonical H2B and H3 histones are essential for nucleosome stability.
The scientists point out that they could not observe any actual motion of histone tails — most likely the temporal resolution of the study, 0.3 seconds, was much slower than the rate of the wrapping/unwrapping dynamics of the tails. Despite this limitation, the work of Shibata and colleagues clearly proves that the tails of H2B and H3 histones are the main contributors to nucleosome dynamics. Regarding future work, quoting the researchers, “a technique for tagging histone tail tips might enable HS-AFM to capture the movements of the histone tails themselves.”
Background
High-speed atomic force microscopy
The general principle of atomic force microscopy (AFM) is to make a very small tip scan the surface of a sample. During this horizontal (xy) scan, the tip, which is attached to a small cantilever, follows the sample’s vertical (z) profile, inducing a force on the cantilever that can be measured. The magnitude of the force at the xy position can be related to the z value; the xyz data generated during a scan then result in a height map providing structural information about the investigated sample. In high-speed-AFM (HS-AFM), the working principle is slightly more involved: the cantilever is made to oscillate near its resonance frequency. When the tip is moved around a surface, the variations in the amplitude (or the frequency) of the cantilever’s oscillation — resulting from the tip’s interaction with the sample’s surface — are recorded, as these provide a measure for the local z value. AFM does not involve lenses, so its resolution is not restricted by the so-called diffraction limit as in X-ray diffraction, for example.
HS-AFM results in a video, where the time interval between frames depends on the speed with which a single image can be generated (by xy-scanning the sample). Researchers at Nano Life Science Institute (WPI-NanoLSI), Kanazawa University have in recent years developed HS-AFM further, so that it can be applied to study biochemical molecules and biomolecular processes in real-time. Mikihiro Shibata and colleagues have now applied the method to study nucleosome dynamics in detail, and in particular the role of the molecular endings of histones — proteins that play a crucial role in DNA accessibility.
Reference
Shin Morioka, Takumi Oishi, Suguru Hatazawa, Takahiro Kakuta, Tomoki Ogoshi, Kenichi Umeda, Noriyuki Kodera, Hitoshi Kurumizaka, and Mikihiro Shibata. High-Speed Atomic Force Microscopy Reveals the Nucleosome Sliding and DNA Unwrapping/Wrapping Dynamics of Tail-less Nucleosomes, Nano Letters ,2024.
DOI: 10.1021/acs.nanolett.4c00801https://pubs.acs.org/doi/10.1021/acs.nanolett.4c00801 
https://nanolsi.kanazawa-u.ac.jp/wp/wp-content/uploads/Figure-1-12.png Figure 1.
High-speed atomic force microscopy visualization of nucleosome dynamics with canonical (top) and tail-less (bottom) histones.© 2024 American Chemical Society
ContactHiroe YonedaSenior Specialist in Project Planning and OutreachNanoLSI Administration Office, Nano Life Science Institute (WPI-NanoLSI)Kanazawa UniversityKakuma-machi, Kanazawa 920-1192, JapanEmail: [email protected]: +81 (76) 234-4555
About Nano Life Science Institute (WPI-NanoLSI), Kanazawa University
Understanding nanoscale mechanisms of life phenomena by exploring “uncharted nano-realms”
Cells are the basic units of almost all life forms. We are developing nanoprobe technologies that allow direct imaging, analysis, and manipulation of the behavior and dynamics of important macromolecules in living organisms, such as proteins and nucleic acids, at the surface and interior of cells. We aim at acquiring a fundamental understanding of the various life phenomena at the nanoscale.https://nanolsi.kanazawa-u.ac.jp/en/
About the World Premier International Research Center Initiative (WPI)
The WPI program was launched in 2007 by Japan’s Ministry of Education, Culture, Sports, Science and Technology (MEXT) to foster globally visible research centers boasting the highest standards and outstanding research environments. Numbering more than a dozen and operating at institutions throughout the country, these centers are given a high degree of autonomy, allowing them to engage in innovative modes of management and research. The program is administered by the Japan Society for the Promotion of Science (JSPS).
See the latest research news from the centers at the WPI News Portal: https://www.eurekalert.org/newsportal/WPI
Main WPI program site: www.jsps.go.jp/english/e-toplevel
About Kanazawa University
As the leading comprehensive university on the Sea of Japan coast, Kanazawa University has contributed greatly to higher education and academic research in Japan since it was founded in 1949. The University has three colleges and 17 schools offering courses in subjects that include medicine, computer engineering, and humanities.
The University is located on the coast of the Sea of Japan in Kanazawa – a city rich in history and culture. The city of Kanazawa has a highly respected intellectual profile since the time of the fiefdom (1598-1867). Kanazawa University is divided into two main campuses: Kakuma and Takaramachi for its approximately 10,200 students including 600 from overseas.http://www.kanazawa-u.ac.jp/e/
 
 
 

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Geek+ and System Teknik deploy first PopPick solution in the Nordics for the pharmacy group Med24.dk

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DUSSELDORF, Germany, April 24, 2024 /PRNewswire/ — Geekplus, the global leader in mobile robot and smart logistics solutions, has deployed the first Shelf-to-Person PopPick project in the Nordics for one of the biggest online pharmacy wholesalers in the region, Med24.dk. System Teknik partnered on the Denmark project, which includes three PopPick stations and 30 Shelf-to-Person robots, bringing a flexible solution to a region where fixed automation still dominates.  

“With the rise of e-commerce, Med24.dk had been struggling with huge sales growth coupled with fast delivery demands from customers in Denmark, Norway, Sweden searching for pharmacy, health and beauty products. Peak season events had also caused considerable strain to their operations,” said Blond Shkodrani, channel partner manager for the Nordics at Geekplus. “Due to their overwhelming success, Med24.dk needed a modular, automated order fulfillment solution for fast, efficient order fulfillment.”
The Geekplus modular Shelf-to-Person solution optimizes warehouse operations using mobile robots to transport shelves. In a region where fixed and cubic solutions have been the trend during recent years, Shelf-to-Person handles goods of all sizes while removing the need for infrastructure investment, making it the most flexible response to order fulfillment challenges.
PopPick workstations use two retrieval arms and four presentation locations to present pickers with multiple, moveable 78-tote racks at one time, resulting in an industry-leading throughput of 450 totes per hour. PopPick can store goods of all types and sizes; the solution is not limited to small pieces and improves ergonomics for workers while picking. It also takes up less space than traditional systems, so customers can use more stations without adding facility space.
“We are very pleased to invest in flooring robots from Geekplus,” said Med24.dk CEO Nils Træholt. “We believe that this new and innovative technology can help us realize our growth ambitions, while maintaining good delivery times for the benefit of our customers.”
Morten Kirch, System Teknik’s CSO, added: “Due to Med24.dk’s growth, we are thrilled to be able to deliver a tailor-made, automated solution that matches their needs.”
Geekplus offers a suite of Goods-to-Person mobile order fulfillment solutions — the only comprehensive robotic offering controlled by a single software platform.
“Through trusted partners like System Teknik, we’re showing customers all over Europe that Geekplus truly is a one-stop shop for modular warehouse automation,” Shkodrani said.
Photo – https://mma.prnewswire.com/media/2395198/Med24_Geekplus_PopPick.jpg Logo – https://mma.prnewswire.com/media/2373458/Geekplus_logo.jpg
 
 

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