Learning Management Systems Statistics 2023: Facts about Learning Management Systems outlines the context of what’s happening in the tech world.
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Top Learning Management Systems Statistics 2023
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- In 2020, an LMS was used by 70% of learning and development departments for their training initiatives, according to Statista.[1]
- 80% of small businesses and 96% of medium businesses both utilize learning management systems to offer training.[1]
- By 2022, the same analysis by iSpring Solutions, expected the estimated worth of the LMS market to grow to $15.72 billion U.S. dollars. That was about a 7x increase during less than a decade.[1]
- The education industry was valued at $1.57 trillion in 2019. It is expected to keep growing at a rate of 2.77% and is estimated to be valued at $1.96 trillion by 2025.[1]
- According to a elearningindustry, more than 49% of students have attended online courses in the recent years.[2]
- Given how many corporate firms utilize LMS platforms, it may not be surprising that corporate level executives make up the majority of participants (65%), followed by managers (35%).[2]
- Long-established organizations that spend heavily on technology are said to make up 30% of the entire LMS global market.[2]
- 90% of students prefer taking classes online over in a conventional classroom, and they value having all the information in one place.[2]
- By 2020, 58% of organizations aim to utilize corporate social networks.[3]
- 72% of firms felt that having an LMS offered them a competitive edge and helped them succeed in the market.[3]
- According to research, between 2016 and 2021, the LMS market is expected to develop at a compound annual growth rate of 24%.[3]
- 24% of respondents from academic institutions said that increasing customer satisfaction and engagement is their top priority.[4]
- According to Docebo (2019), 37% of organizations are looking to replace their LMS platforms; 43% of large organizations, 38% of mid-size organizations, and 26% of small organizations want to replace their LMS platforms.[4]
- Before asking a colleague or utilizing the company’s learning technology, 40% of workers check Google.[4]
- According to Learning Technologies (2019), 48% of businesses do not think their corporate cultures are favorable to social learning.[4]
- 56% of college students who took online courses did at least part of their work on a smartphone or tablet.[4]
- 59% of organizations adopt BYOD and 67% of employees use personal devices to access work.[4]
- Due to the impact of COVID-19, 66% of L&D professionals expect their companies to spend more on virtual-instructor-led training and online learning (LinkedIn, 2020).[4]
- 66% of L&D professionals said that learning and development is becoming a more strategic part of their organization (Emerald Works, 2020).[4]
- When it comes to using analytics for various LMS procedures, 67% of academic institutions are still in the planning or lagging phases.[4]
- 68% of employees prefer to learn at work, 58% prefer to learn at their own pace, and 49% prefer to learn at the point of need.[4]
- While 63% of working persons identify as professional learners, 73% of respondents say they are lifelong learners, according to Docebo (2019).[4]
- 77% of online students who have taken face-to-face classes believe their online learning is equivalent to or superior to their classroom learning.[4]
- Graduate students utilized or want to use mobile devices for their online education, according to 81% of them, according to the Wiley Education Services (2019).[4]
- 82% say that reporting analytics is an important platform feature in LMS programs to improve their digital approach to business learning, according to Learning Technologies (2019).[4]
- Only 27% of L&D professionals stated their CEOs were active advocates of learning, compared to 83% who said their management supported staff learning.[4]
- 87% of millennials in the workforce think their education is dull and irrelevant and 40% of millennials say they’d want to improve their presentation skills and unleash their creative juices.[4]
- 90% of students believe that online learning is preferable to traditional classroom instruction.[4]
- 91% of organizations already prioritize virtual classrooms/webinar delivery skills before COVID-19.[4]
- According to 92% of CEOs, developing soft skills is the most important skill set to acquire via talent development programs.[4]
- By 2021, 30% of learning analytics will tie performance with the knowledge level of participants.[4]
- Employers that utilize LMS and provide professional training may boost employee retention by up to 92%.[4]
- Compared to instructor-led training, eLearning uses 40%-60% less employee time, which allows organizations to cut the time staff members are away from their jobs, including removing the need for travel, according to Dashe and Thomson.[4]
- In 2018, while 93% of L&D professionals prefer to use LMS to boost employee engagement, only 27% were able to do so successfully.[4]
- Only 50% of learners are evaluated based on their performance at work and return on investment.[4]
- In 2018, 27% of L&D professionals who preferred to utilize LMS to increase employee engagement really succeeded in doing so.[4]
- In 2021, 50% of enterprises will have a learning assistant for employees and even customers who need training.[4]
- In a study on how modern workers learn, 91% say that collaboration is the most useful to help them learn, and 70% get their motivation from mentoring and coaching (Emerald Works, 2018).[4]
- According to eLearning Industry in 2019, 77% of US companies used eLearning in 2017, 72% believe eLearning puts them at a competitive advantage, and 67% of organizations offer mobile learning.[4]
- 30% of worldwide LMS purchasers are large businesses that invest much in technology to provide workers access to standardized training environments.[4]
- Over 9% more organizational growth transformation profit and productivity is achieved through learning innovation.[4]
- By 2027, mobile learning is anticipated to have a market value of $80.1 billion and a revised CAGR of 20%.[4]
- Nearly 70% of learning and development L&D teams claim they face pressure to quantify the value of learning from leadership.[4]
- Only 23% of L&D teams think they possess the abilities to promote social learning.[4]
- Primary participants in LMS platforms are C-Level executives at 65% and managers at 35%.[4]
- The LMS market in the Asia-Pacific region is expected to be the fastest-growing segment with a CAGR of 19.75% from 2019 to 2027, according to Inkwood Research in 2019.[4]
- From 2019 to 2025, the corporate eLearning market is projected to expand at a CAGR of around 8%.[4]
- According to Fortune Business Insights (2020), the global LMS market was valued at $8.76 billion in 2019 and is expected to grow to $38.10 billion by 2027 with a Compound Annual Growth Rate (CAGR) of 19.7% during the forecast period.[4]
- Employee engagement may be raised by up to 92% by using LMS elements like gamification learning scenarios and simulation.[4]
- L&D workers reported using videos to acquire new material in their present jobs, and 70% of them stated they preferred watching videos over reading texts.[4]
- With more than 700 LMS suppliers already available, the competitive environment in the digital learning space is expected to heat up as new technologies emerge, according to financesonline.com.[4]
- 10% of instructors say they haven’t ever heard of individualized learning, while 11% think it’s a fleeting trend, according to research.com.[5]
- 35% of those who create digital learning programs want to integrate user generated material, while 64% want to use open resources.[5]
- While 66% of LMS users demand programs with improved customer and technical assistance, 67% of LMS users choose programs with full functionality.[5]
- 70% of students say that switching from laptops to mobile devices increases their motivation to study.[5]
- Mobile learning modules that are accessible via mobile devices are more engaging for 72% of learners who use mobile devices.[5]
- 89% of workers use desktop computers, 78% use laptops, and 25% use mobile devices to access LMS applications.[5]
- 33% of L&D professionals want to create MOOCS, while 93% want to create live online learning for their programs.[5]
- According to the data published by Eurostat (Online Courses, 2019), Finland emerges as the top country with most individuals taking at least one form of an online course, followed by the United Kingdom, Sweden, and Spain.[5]
- Canvas leads the LMS market share, accounting for 35% of the entire LMS market in North America.[5]
- According to eLearning market trends 2020, during the next five years, it is predicted to increase at a cagr of 14%.[5]
- In Finland, 21% of individuals have taken an online course on any subject, followed by United Kingdom with 19%, Sweden with 18%, and Spain with 15%.[5]
- the eLearning market in Latin America has witnessed considerable growth in the years 2016 to 2020 (E-learning Market Trends, 2020), and it is expected to grow at a CAGR of 14% in the next five years.[5]
- In the forecast period 2020 to 2024, the global corporate LMS market size is expected to grow at a compound annual growth rate of 23%, with a revenue of $12.48 billion.[5]
- Students who use cellphones to access online learning platforms finish their coursework 45% quicker than those who use computers.[5]
- The LMS market includes other industries including software development firms (4%), manufacturing (12%), healthcare (9%) and consultancy (7%).[5]
- The biggest barriers to satisfaction with learning technology are the inability of LMS programs to be integrated with other digital platforms (52%), poor user experience (51%), and cost of the program (44%).[5]
- The demand for mobile learning resulted in its growth, with the market currently valued at $27.32 billion in 2020 and is poised to grow at a CAGR of 36.45% from 2020 to 2027.[5]
- The primary participants in learning management systems are corporate-level executives (65%) and managers (35%).[5]
- 4% of K-12 LMS users say their current LMS is their first, compared to only 38% of college and university users.[6]
- 40% of K-12 users say their school has had their LMS for less than a year.[6]
- According to Capterra, 55% of users who had a role in an LMS purchase decision say their organization was a first-time buyer.[6]
- 62% of purchasers of educational LMS invest one to six months in their decision making process and research.[6]
- Customers most often cited functionality as the most important consideration when buying an LMS, outweighing other considerations such as pricing (12%), dependability (20%), and training support (17%).[6]
- 63% of LMS users from companies and institutions responded positively to our inquiry about their organizations’ present system five years ago.[6]
- According to a 2018 LinkedIn Workplace Learning Report, 68% of employees prefer to learn within the workplace and 58% favor self-paced learning.[7]
- Surveys compiled from 2,500 companies across the United States demonstrated that 42% of businesses reported increased income as a result of an LMS or training program.[7]
- 50% of the world’s workforce will be made up of millennials, predicts the PWC Millennials at work study.[8]
- According to the 2020 Capterra research, LMS will be used by 64% of L–12 schools and 36% of colleges and institutions.[8]
- According to Brighteye Advisors’ European Ed-Tech Investment report 2021, funding for Ed-Tech in Europe grew from $651 million in 2019 to $711 million in 2020.[8]
- By 2020, 98% of businesses aim to employ e learning, providing opportunity for small businesses.[9]
- Due to its ecommerce add ons, which optimize marketing and sales efforts, LMS may become increasingly sought after by businesses that make items, since the US gross domestic product is predicted to increase from 23% to 25% in 2018.[9]
- According to small business trends, eLearning will be used by 98% of all businesses by the year 2020.[9]
- By the end of 2020, 30% of learning and development experts anticipate using both simulations and games in their corporate eLearning programs.[10]
- According to LinkedIn (2021), 39% of global L&D pros say that they are responsible for helping leaders identify current and future skills gaps, developing tools to help build internal mobility programs (33%), and helping to identify skills adjacencies (31%).[10]
- 43% of L&D professionals in the UK say they use employee survey results to gauge the effectiveness of learning.[10]
- 43% of educational institutions have invested in new online learning tools and materials.[10]
- Prior to COVID-19, 43% of college students had never taken an online course, while 21% had only done so once.[10]
- During the pandemic, 44% of students had internet connection troubles severe enough to prevent them from attending or participating in their class.[10]
- 49% of L&D professionals collaborate with management to promote learner engagement and skill development.[10]
- Upskilling and reskilling programs are, according to 59% of learning development professionals, their top goal for 2021.[10]
- 64% of L&D experts everyone agrees that with 2021, L&D went from being a nice to have to being essential.[10]
- According to LinkedIn (2021), 66% of global L&D pros agree that they are focused on rebuilding and reshaping their organizations this year.[10]
- 79% of L&D professionals anticipate spending more on online learning while just 73% plan to spend less on instructor.[10]
- During covid19, 74% of students believe that LMS has positively impacted enjoyment, productivity, and instruction.[10]
- 77% of faculty members in higher education agree or strongly believe that the LMS is essential to their instruction.[10]
- 79% of students believe it was challenging to maintain motivation to do well in their course once it became online during the epidemic.[10]
- Before the COVID-19 outbreak, 89% of higher education faculty were already using certain LMS capabilities, mostly for administrative chores like creating a syllabus, putting out material, collecting assignments, and monitoring grades.[10]
- With a support rating of 8.92 out of 10, canvas has the greatest customer assistance of any popular LMS software, according to the TrustRadius community.[10]
- According to Capterra (2020), 64% of all L&Ds feel that learning development will be necessary in 2021 rather than just being a good to have.[10]
- 99% of institutions provide LMS and educational technology support for students, a majority of students have either not received any LMS training or don’t know if they have received training, according to EDUcause (2020).[10]
- Only 21% of higher education teachers feel that online learning may help students learn well, despite the overwhelming scientific evidence to the contrary.[10]
- 35.9% of students at associate-level institutions have received formal LMS training—which is more than students at other types of institutions, according to EDUcause (2020).[10]
- According to EDUcause (2020), 68.3% of college students utilized the LMS for all of their classes.[10]
- Google Classroom commands 39% of the LMS market in 2021 when compared to other leading LMS software.[10]
- According to Capterra (2020), the two major concerns cited by learning leaders as driving them to look for a new and better learning management system were low usability (53%) and excessive cost (44%).[10]
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How Useful is Learning Management Systems
One of the key benefits of using an LMS is the ability to streamline the learning process. With features like online assessments, grading tools, and automated notifications, educators can save time and focus on delivering quality content rather than administrative tasks. Additionally, students can access content at their own pace and convenience, making it easier for them to learn and retain information.
Furthermore, LMS platforms also provide a central hub for communication and collaboration. Features like discussion boards, messaging systems, and virtual classrooms enable educators and students to interact and engage with each other in real-time. This fosters a sense of community and helps create a more interactive and engaging learning experience.
Another notable advantage of LMS platforms is the ability to track and measure student performance. Educators can easily monitor each student’s progress, identify areas for improvement, and provide targeted feedback. This data-driven approach to learning allows for personalized instruction and ultimately helps students achieve better learning outcomes.
Moreover, LMS platforms offer a variety of tools for creating and delivering engaging content. From multimedia presentations to interactive quizzes, educators have a wide range of options to make learning more interactive and dynamic. This not only caters to a variety of learning styles but also helps keep students engaged and motivated.
In addition to these benefits, LMS platforms also play a crucial role in ensuring accessibility and inclusivity. With features like closed captioning, screen readers, and translation tools, educators can create content that is accessible to all learners, regardless of their abilities or backgrounds. This helps create a more inclusive and equitable learning environment.
However, despite all these advantages, there are some limitations to LMS platforms. One of the biggest challenges is ensuring that educators have the necessary training and support to effectively use these systems. Without proper training, educators may struggle to fully leverage the capabilities of an LMS, which can hinder the overall effectiveness of the platform.
Furthermore, there is also a risk of over-reliance on technology when using LMS platforms. While technology can enhance the learning experience, it should not replace the human element of teaching. Educators should strive to strike a balance between technology and traditional teaching methods to ensure a well-rounded and effective learning experience.
Overall, Learning Management Systems have proven to be incredibly useful tools in modern education and training. From streamlining the learning process to fostering communication and collaboration, these platforms offer a wide range of benefits for educators and students alike. However, it is important to recognize the limitations of these systems and address any challenges that may arise to ensure their optimal use and effectiveness.
Reference
- coursemethod – https://coursemethod.com/lms-industry-statistics.html
- elearningindustry – https://elearningindustry.com/top-learning-management-system-lms-statistics-for-2020-infographic
- elearninginfographics – https://elearninginfographics.com/top-learning-management-system-lms-statistics-2020-know/
- financesonline – https://financesonline.com/25-essential-learning-management-system-e-learning-statistics-analysis-of-trends-data-and-market-share/
- research – https://research.com/education/lms-statistics
- capterra – https://www.capterra.com/learning-management-system-software/user-research/
- careercert – https://www.careercert.com/blog/ems/benefits-of-using-an-lms-in-healthcare-training/
- fortunebusinessinsights – https://www.fortunebusinessinsights.com/industry-reports/learning-management-system-market-101376
- topyx – https://www.topyx.com/lms-blog/top-5-statistics-that-will-impact-the-lms-market-in-2018
- trustradius – https://www.trustradius.com/vendor-blog/lms-statistics-trends