LEARNING MANAGEMENT SYSTEM MARKET ANALYSIS

Regional Analysis

Global Learning Management System Market: Regional Insights

The market is fragmented geographically into five major regions, including Latin America, Europe, the Middle East and Africa, and Asia Pacific. They are further divided into nations.

Due to the growing ed-tech industry in the region, North America is likely to dominate the learning management system market. There are a lot of colleges and universities in the United States. This component would set out a gigantic freedom for the players to extend their organizations in this country. In 2020, according to the EdSurge ed-tech financing data set, the U.S. schooling innovation new businesses put US$ 2.2 million in adventure and confidential value financing in 130 arrangements. The investment, which was US$ 1.7 million in 2019, is approximately 30% higher than in 2019. As a result, North America plays a significant role in market expansion. In a similar vein, Europe has seen an increase in the use of open-source LMSs. Brighteye Advisors' European Ed-Tech Funding Report, 2021 states that European EdTech funding increased to US$ 711 million in 2020 from US$ 651 million in 2019. The demand for online education is growing in the corporate and educational sectors of Europe. Over the forecast period, Asia Pacific is most likely to experience growth. Developing economies in the Asia Pacific region, including China, Australia, India, Japan, Malaysia, and Singapore, place a strong emphasis on investing in online education, training, and course promotion platforms. For example, in February 2020, Chinese e-learning pioneers, like TAL Schooling Gathering and GSX Techedu, raised around US$ 3.2 million to advance e-learning innovation the nation over. Similarly, the ed-tech sector is creating significant market opportunities and is the second-largest start-up community in Australia. Accordingly, the market is probably going to observe high development in Asia Pacific.

• North America: U.S. and Canada
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa