Learning management systems (LMS) have revolutionized the way we learn and educate ourselves. With their wide range of features, from tracking progress to creating personalized learning experiences, LMSs have become an essential tool for educational institutions, businesses, and individuals.
In this blog post, we’ll explore learning management systems statistics that highlight their usage, benefits, and impact on learning.
Key Statistics 2023 – MY Choice
Digital or e-learning is the fastest-growing market in the education industry. It has grown by 900% since 2000.
At a global level, the LMS market was valued at USD 18.89 billion in 2023. It is expected to go from USD 20.9 billion in 2024 to USD 40.95 billion by 2029.
North America (The United States and Canada) sees the highest adoption of e-learning across the globe. The e-learning market value was $170 billion in America in 2023.
The second-highest revenue for LMS adoption is expected to come from Europe by the end of 2023. The highest number of takers of online courses is in Finland, followed by the United Kingdom, Sweden, and Spain.
Asia currently has the highest e-learning growth rate at 17.3% annually. The LMS market size here is predicted to increase at a 34.2% CAGR by 2022 end.
Latin American region is the 4th highest revenue generator from e-learning activities. An estimated 12 million people across 20 Latin American countries have engaged in one or the other kind of online education.
LMS Statistics
Statistics on LMS Market
Statistics
Numbers
Global LMS market value in 2021
USD 14.43 billion
Expected LMS market value by 2025
USD 30 billion
Annual growth rate of LMS market
21.1%
Number of LMS users
73.8 million
Percentage of students who prefer online learning
90%
Percentage of Fortune 500 companies using e-learning
40%
Estimated revenue generated by e-learning market in America in 2021
$120 billion
Estimated revenue generated by e-learning market in Europe by the end of 2022
N/A
Estimated revenue generated by e-learning market in Asia in 2022
34.2% CAGR
Estimated revenue generated by e-learning market in Latin America
4th highest
Estimated LMS growth rate in Africa
15.2%
Corporate-level executives and managers as primary LMS participants
65% and 35% respectively
Technology companies as percentage of LMS users
30%
Education industry as percentage of LMS users
21%
Statistics on LMS Software Adoption
Statistics
Numbers
Number of people engaged in online education in Latin America
12 million
Highest number of takers of online courses in Finland, followed by the United Kingdom, Sweden, and Spain
N/A
E-learning growth rate in Asia
17.3%
Reasons for LMS growth impediments in Africa
Lack of internet connectivity, teacher training, and online curricula
Statistics on LMS Usage
Statistics
Numbers
Long-established tech companies as percentage of LMS users
30%
Government institutions as percentage of LMS software market
2%
Real estate and nonprofits as percentage of LMS market
3% each
Other companies in LMS Market
technology-12%, manufacturing-9%, healthcare and consulting-7%, and software development companies-4%
Statistics on Benefits of E-Learning and LMS
Statistics
Numbers
Employee performance increase by allowing learning at their own pace
15 to 25%
E-learning requires less learning time than traditional classroom learning and enhances retention
40 to 60% and 25 to 60% respectively
Companies with a Comprehensive Training Program report higher revenue and profit margins
218% and 24% respectively
Percentage of organizations that believe e-learning helps keep up with change
72%
The North American LMS market accounted for 39.1% of the global market share in 2020 (Source: ResearchAndMarkets)
In 2020, the corporate LMS market size was valued at $1.5 billion and is expected to grow at a CAGR of 21.4% from 2021 to 2028 (Source: Grand View Research)
The K-12 education sector accounts for 36% of the LMS market share, followed by higher education at 31% (Source: EdTech Review)
In 2020, the cloud-based LMS market accounted for 51.7% of the overall market share (Source: MarketsandMarkets)
Table 1: Statistics on MOOC Platforms
Item
Data
Number of universities offering MOOC-based degrees
Around 900
Number of courses added by end of 2018
2,000
Leading MOOC providers
Coursera, edX, XuetangX
Number of registered users for Coursera
37 million
Number of registered users for edX
18 million
Number of registered users for XuetangX
14 million
Total number of MOOCs launched or announced in 2019
13,500
Total number of courses launched by 450 universities
2,500
Percentage of technology-related courses launched in 2019
19.8%
Percentage of business-related courses launched in 2019
19.7%
Table 2: Statistics on Mobile Learning
Item
Data
Value of mobile learning market in 2020
$27.32 billion
Projected CAGR of mobile learning market from 2020 to 2027
36.45%
Percentage of learners more motivated to learn using mobile devices
70%
Percentage of learners who think they can easily apply what they have learned using mobile devices
29%
Percentage of mobile learners who are more engaged with learning modules accessed via mobile devices
72%
Percentage of smartphone users using mobile devices to access organizational training materials
30%
Table 3: Statistics on Personalized Learning Experience
Item
Data
Percentage of educators who see personalized learning as a promising idea
25%
Percentage of educators who perceive personalized learning as a transformative approach to improve the K-12 curriculum
21%
Percentage of teachers who see personalized learning as a passing fad
11%
Percentage of teachers who have no knowledge of personalized learning
10%
Percentage of surveyed teachers who see personalized learning as a threat to public education
8%
Table 4: Statistics on LXP
Item
Data
Value of LXP market in 2020
$200 million
Projected growth of LXP market in the next three years
$15.7 billion
LMS Facts:
In the US, the adoption of LMSs in K-12 schools increased from 35% in 2010 to 90% in 2019 (Source: EdTech Review)
The top three features of LMSs used by K-12 schools are course management, grading and assessment, and content management (Source: EdTech Magazine)
In 2020, the global LMS market was dominated by the top five vendors, who accounted for over 40% of the market share (Source: Technavio)
The LMS market in Asia Pacific is expected to grow at a CAGR of 28.6% from 2021 to 2028, driven by the increasing adoption of e-learning in the region (Source: Grand View Research)
In 2020, the global LMS market was dominated by the English language, with English-based LMSs accounting for over 70% of the market share (Source: MarketsandMarkets)
LMS Benefits:
LMSs provide a flexible and accessible learning environment, allowing learners to access educational materials from anywhere and at any time.
LMSs can track learner progress and provide real-time feedback, helping educators tailor their teaching methods to better meet the needs of individual learners.
The use of LMSs can result in significant cost savings for educational institutions, reducing the need for physical textbooks and classroom space.
LMSs can provide a centralized platform for course materials, making it easier for educators to create and manage content.
The use of LMSs can result in higher learner engagement and retention rates, leading to improved learning outcomes.
LMS Trends:
The use of AI and machine learning algorithms is becoming increasingly important in LMSs, allowing for personalized learning experiences and intelligent content recommendations.
Microlearning, or the delivery of content in small, digestible chunks, is becoming more popular in LMSs, as it allows for more flexible and tailored learning experiences.
Mobile learning is gaining traction, with LMSs providing mobile-friendly interfaces and mobile apps to support learning on-the-go.
Social learning, or the use of social media tools to facilitate collaboration and knowledge sharing, is becoming more common in LMSs.
LMS Usage Statistics
According to a report by Technavio, the global LMS market is expected to grow by $14.04 billion from 2021 to 2025, with a CAGR of over 21%.
The number of LMS vendors has grown from 50 in 2000 to over 700 in 2021.
In a survey conducted by Brandon Hall Group, 86% of respondents said that they use an LMS for training and development.
The most common use of LMSs is for compliance training, with 91% of respondents using LMSs for this purpose, according to a report by Talented Learning.
In the same report by Talented Learning, 67% of respondents said they use an LMS for extended enterprise training.
In the Brandon Hall Group survey, 77% of respondents said that their LMS is cloud-based.
The same survey also found that 70% of organizations are looking to change their current LMS in the next two years.
In a survey by eLearning Industry, 68% of employees prefer to learn at work through videos.
According to the same survey, 44% of employees think that the lack of time for training is the biggest barrier to learning at work.
A report by Fosway Group found that 48% of LMS users are dissatisfied with their system’s analytics and reporting capabilities.
LMS Benefits Statistics
A study by IBM found that participants learned 5 times more material with eLearning without increasing time spent in training.
According to a report by TalentLMS, eLearning can increase information retention rates by up to 60%.
In the same report, 72% of respondents said that using an LMS has improved their access to learning materials.
A study by Brandon Hall Group found that companies using an LMS have 26% higher revenue per employee and are 34% more likely to have employees who are confident in their job skills.
According to a report by Docebo, 90% of organizations believe that implementing an LMS has positively impacted their ability to meet learning goals.
In the same report by Docebo, 87% of organizations believe that an LMS has positively impacted their ability to meet business goals.
A study by Skillsoft found that organizations using an LMS had a 43% increase in employee retention.
According to a report by eLearning Industry, 42% of companies have seen an increase in revenue after implementing an LMS.
The same report also found that 52% of organizations using an LMS saw an increase in productivity.
In a survey by Brandon Hall Group, 70% of respondents said that their LMS has improved their ability to track learner progress.
Table 1: LMS Market Growth
Year
Market Size (in billions)
Compound Annual Growth Rate
2018
$9.2
–
2021
$15.72
–
2023
$22.4
19.6%
2025
$28.1
–
Table 2: Corporate LMS Market Size
Year
Market Size (in billions)
Compound Annual Growth Rate
2020
$12.48
23%
2020-2024
–
23%
Table 3: LMS Software Market Share in US Higher Education
Hi, I'm Abdalslam, a seasoned digital marketing and software engineering professional. I review software to find the best tools that can help your online business thrive. I share my insights and experiences on my website, where 15,000 monthly readers join me. Before blogging, I managed digital marketing teams for SaaS startups, and my work has been recognized by major publications like RedHat, Oberlo, and Hostpapa. Join me to scale your startup influence.