Corporate Learning Management Systems Statistics 2024

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Best Corporate Learning Management Systems Statistics

Best Corporate Learning Management Systems Statistics

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Corporate Learning Management Systems Market Statistics

With more than 700 LMS vendors in the market today, the digital learning landscape is likely to become more exciting and intense in terms of competition and upcoming technological breakthroughs. ^[0]
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 of 19.7% during the forecast period. ^[0]
The LMS market in the AsiaPacific region is expected to be the fastest growing segment with a CAGR of 19.75% from 2019 to 2027. ^[0]
The corporate elearning market is anticipated to grow at a CAGR of about 8% from 2019 to 2025. ^[0]
Mobile learning is projected to reach a market size of $80.1 billion by 2027 with a revised CAGR of 20%. ^[0]
The LMS market is expected to grow from $9.2 billion in 2018 to $22.4 billion in 2024 at a CAGR of 19.6%. ^[1]
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. ^[1]
The global elearning market grows at 14% annually. ^[1]
Canvas and Blackboard dominate the LMS market, with each controlling 28% of the US higher ed LMS market. ^[1]
Canvas leads the LMS market share, accounting for 35% of the entire LMS market in North America Latin America. ^[1]
In Latin America, the elearning market was valued at $2.1 billion in 2016 and is poised to grow at a CAGR of 14% over the next five years. ^[1]
By 2024, the LMS market size in Asia Pacific is expected increase at a 34.2% CAGR. ^[1]
2% of the LMS software market consists of government institutions. ^[1]
The education sector accounts for one fifth or 21% of the entire global LMS market. ^[1]
Real estate and nonprofit organizations both account for 3% each in the LMS market. ^[1]
Other sectors, such as technology (12%), manufacturing (9%), healthcare and consulting (7%), and software development companies (4%). ^[1]
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. ^[1]
Renowned, long established organizations that spend heavily on technology are said to make up 30% of the entire LMS global market [10]. ^[2]
Research shows that the LMS market is predicted to rise at a compound annual growth rate of 24% between 2016 and 2020 [10]. ^[2]
Google Classroom commands39% of the LMS marketin 2021 when compared to other leading LMS software. ^[3]
According to buyer interest, the top 8 leaders in today’s LMS market are Out of those companies, we’re seeing clear winners when it comes to market share. ^[3]
Renowned, long established organizations that spend heavily on technology are said to make up 30% of the entire LMS global market. ^[4]
Research shows that the LMS market is predicted to rise at a compound annual growth rate of 24% between 2016 and 2020. ^[4]
Academic Elearning Market size was valued at USD 103.8 Billion in 2019 and is expected to grow CAGR 11.23% by 2025 The global Higher Education market size is projected to reach USD 198720 Million by 2026, from USD 179350 Million in 2020. ^[5]
The global Lecture Capture Systems market size is projected to reach USD 13420 Million by 2026, from USD 3213.5 Million in 2020, at a CAGR of 26.9% during 2021. ^[5]
The market is projected to grow from USD 16.19 billion in 2024 to USD 40.95 billion by 2029, exhibiting a CAGR of 14.2% during the forecast period. ^[6]
Based on our analysis, the global market exhibited a growth of 11.3% in 2020 as compared to 2019. ^[6]
The market is projected to grow at a CAGR of 14.2% during the forecast period. ^[6]
Buyers currently in the market for a new LMS should have the integration conversation before purchasing, since 32 percent of users we studied experience challenges with this part of the process. ^[7]
Out of these, the IT & telecom sub segment earned 20.2% in terms of the LMS market share in 2020. ^[8]
With 13% CAGR, Network Security Market Size Worth USD 53.11 Billion in 2029 Pune, India, April 28, 2024 The global network security market size was valued at USD 20.30 billion in 2021 and reached. ^[8]
5 Innovative Ways Companies are Using eLearning From 2021 to 2024, the learning management system market is expected to expand to $25.4 billion at a CAGR of 23.8 percent. ^[9]

Corporate Learning Management Systems Software Statistics

2% of the LMS software market consists of government institutions. ^[1]
Other sectors, such as technology (12%), manufacturing (9%), healthcare and consulting (7%), and software development companies (4%). ^[1]
Google Classroom commands39% of the LMS marketin 2021 when compared to other leading LMS software. ^[3]
23% of studentsduring the pandemic experienced hardware or software problems serious enough to impact their ability to attend or participate in their course. ^[3]
Canvas has thebest customer supportof all leading LMS software, according to the TrustRadius community. ^[3]
Representing nearly twothirds of our sample (64%). ^[10]
Similar to their purchase timeline, 71% of education LMS buyers also spent one to six months implementing their software after purchase. ^[10]
The fact that 90 percent of users expect to spend the same or more on LMS software this year as compared to what they spent last year is a strong indicator that you’ll enjoy your purchase, as well. ^[7]
Users select LMS software mainly based on functionality (53%), followed by price (32%), support (5%), company reputation (3%), and software popularity (3%). ^[11]

Corporate Learning Management Systems Adoption Statistics

Cloud based LMS adoption stands at 12.5%. ^[1]
According to 97% of employees, a tablet adoption policy contributes to learning effectiveness since the device allows them to learn from home or the office. ^[1]
It’s also noteworthy that 94% of users who have had their LMS for less than six months say their purchase was in response to COVID 19, indicating the pandemic has had a major influence on recent LMS adoption. ^[10]
97% of employees claimed that a tablet adoption policy increased their learning effectiveness. ^[11]

Corporate Learning Management Systems Latest Statistics

Large companies those with high technology spending to provide employees with an accessible and standard training environment comprise 30% of global LMS buyers. ^[0]
Primary participants in LMS platforms are C Level executives at 65% and managers at 35%. ^[0]
LMS Software Adoption and Uses Statistics 77% of US companies used elearning in 2017, 72% believe elearning puts them at a competitive advantage, and 67% of organizations offer mobile learning. ^[0]
70% of L&D departments in North America use a learning management system. ^[0]
83% of L&D pros said their executive supported employee learning, but only 27% said that their CEOs are active champions of learning. ^[0]
66% of L&D professionals reported that their roles within their organizations have grown substantially in the wake of the COVID. ^[0]
59% of organizations adopt BYOD and 67% of employees use personal devices to access work. ^[0]
75% of employees prefer video based learning over reading information. ^[0]
90% of students prefer elearning to classroom learning. ^[0]
30% of global LMS buyers are tech companies. ^[0]
Due to the impact of COVID19, 66% of L&D professionals expect their companies to spend more on virtualinstructor led training and online learning. ^[0]
56% of online college students used a smartphone or tablet to complete at least some of their online course. ^[0]
81% of graduate students said they used or would have liked to use mobile devices for their online coursework. ^[0]
Nearly 70% of learning and development teams state that they feel pressure to measure the impact of learning from leadership. ^[0]
96% of respondents want to measure learning. ^[0]
However, only 50% are evaluating learning based on ROI, organizational impact, and job performance. ^[0]
33% of learning professionals plan to focus on adaptive learning in the next year. ^[0]
42% of job applicants don’t meet skills requirements, but 82% of companies are willing to hire and train a candidate who lacks the required skills. ^[0]
48% of companies do not believe that their organizational cultures are not conducive to social learning. ^[0]
Only 23% of L&D teams believe that they have the skills to facilitate social learning. ^[0]
82% of L&D managers said that reporting analytics is one of the most important features of LMS. ^[0]
Employees pick up 70% of skills through their jobs, 20% through peers and colleagues, and 10% through formal training sessions. ^[0]
66% of L&D professionals said that learning and development is becoming a more strategic part of their organization. ^[0]
30% of L&D professionals plan to incorporate games and simulations in their elearning program for 2020. ^[0]
91% of organizations already prioritize virtual classrooms/webinar delivery skills before Covid. ^[0]
68% of people prefer to learn within the workplace. ^[0]
74% of employees access resources from their smartphones to do their job. ^[0]
57% of employees prefer accessing learning modules on the go. ^[0]
87% of millennials in the workforce feel that their learning experience is boring and not relevant 40% of millennials would prefer to learn how to better present and unlock creative thinking. ^[0]
40% of employees search Google before asking a co worker or using the company’s learning technology. ^[0]
80% of HR and managers cannot overcome internal skills gap. ^[0]
57% of L&D professionals expect to spend more on online learning. ^[0]
Learning innovation delivers over a 9% improvement in organizational growth, transformation, profit, and productivity. ^[0]
77% of online students who have studied in a faceto face class, feel their online experience is the same or better than their classroom experience. ^[0]
Companies that provide professional training and use LMS can increase employee retention by up to 92%. ^[0]
58% of employees prefer self. ^[0]
41.7% of companies save huge training costs by implementing LMS. ^[0]
In 2018, while 93% of L&D professionals prefer to use LMS to boost employee engagement, only 27% were able to do so successfully. ^[0]
Compared to instructorled 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. ^[0]
Employees who use LMS can increase training efficiency by up to 93%. ^[0]
In a survey 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. ^[0]
Using LMS features such as gamification, learning scenarios, and simulation can increase employee engagement by up to 92%. ^[0]
82% say that reporting analytics is an important platform feature in LMS programs to improve their digital approach to business learning, while 90% state that learner engagement is the most important feature. ^[0]
24% of academic respondents state that improving customer experience and engagement is their primary concern. ^[0]
67% of academic institutions are still in the planning or trailing phase when it comes to deploying analytics for different LMS processes. ^[0]
Spending on enterprise video in the education industry is predicted to grow from $1.5 billion in 2017 to $3.1 billion in 2024. ^[0]
In 2017, 53% of institutions used two to five lecture capture platforms across campuses. ^[0]
Educational institutions are slowly moving to the cloud with overall spending of $1.4 billion in 2018 to a predicted $3.2 billion in 2024. ^[0]
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. ^[0]
73% of adults consider themselves as lifelong learners, while 63% of working adults are professional learners. ^[0]
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. ^[0]
Skilled and motivated workers can make sales rollouts faster by 22%. ^[0]
They can also help reduce the time spent on searching for sales content by 35%. ^[0]
92% of executives identified soft skills training as the most essential skill set to develop through talent development programs. ^[0]
As videos will compose 80% of Internet traffic worldwide, video based learning is increasing because it is engaging, easy to absorb, and can effectively hold the learner’s attention. ^[0]
Presentations with visuals and video are 9% easier to recall compared to text only content when assessed right away. ^[0]
This goes up to 83% when tests are delayed. ^[0]
When it comes to L&D, employees report having used video to learn new information at their current workplace, while 70% said they preferred video over written documents. ^[0]
82% say that reporting analytics is an important platform feature in LMS programs to improve their digital approach to business learning. ^[0]
Nearly 70% of organizations now offer mobile learning in some form. ^[0]
In 2021, 50% of enterprises will have a learning assistant for employees and even customers who need training. ^[0]
By 2021, 30% of learning analytics will tie performance with the knowledge level of participants. ^[0]
41.7% Companies Save Huge Training Cost By Implementing LMS. ^[0]
42 Percent Of Job Applicants Don’t Meet Skills Requirements,. ^[0]
According to Pressy, the main idea behind this teaching device is to allow teachers to focus on more inspirational and thought stimulating activities for their students. ^[1]
With LMS technology being widely adopted in North America, its CAGR sits at 4%. ^[1]
, and it is expected to grow at a CAGR of 14% in the next five years. ^[1]
From 2016 to 2017, the user base of Lingokids, a language learning platform, grew more than 489% in Argentina, 500% in Venezuela, and 425% in Brazil. ^[1]
According to the data published by Eurostat , 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. ^[1]
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%. ^[1]
LMS in Europe is expected to grow at a CAGR of almost 27% in 2020. ^[1]
LMS growth in Eastern Europe is at 16.9% annually. ^[1]
The highest elearning growth rate is in Asia, at 17.3% annually. ^[1]
In Africa, the annual growth rate of the LMS industry is at 15.2%. ^[1]
30% of L&D professionals aim to incorporate games and simulations in their elearning programs by the end of 2020. ^[1]
93% of L&D professionals plan to develop live online learning for their programs, while 33% want to develop MOOCs. ^[1]
64% of digital learning program developers want to include open resources in their programs, while 35% want to include user. ^[1]
58% of L&D professionals aim to introduce enterprise social networks to improve learning approaches. ^[1]
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%). ^[1]
24% are not satisfied with LMS programs that do not have any mobile capability. ^[1]
67% of LMS users prefer programs with complete functionalities, while 66% want programs with better customer and technical support. ^[1]
Currently, the number of LMS users is estimated at 73.8 million. ^[1]
Nearly 87% of active users have web. ^[1]
The primary participants in learning management systems are corporate level executives (65%) and managers (35%). ^[1]
37% of LMS users are adults, 28% are young. ^[1]
In Great Britain, 24% of people who purchase learning materials online are in the age group 16 to 24 years old, 16% are 25 to 34 years old, and 14% are 35 to 44 years old. ^[1]
30% of LMS buyers are long. ^[1]
90% of students prefer learning online to traditional learning methods. ^[1]
About 49% of students have taken at least one form of online course. ^[1]
89% of employees access LMS programs from desktops, 78% from their laptops, while 25% from their mobile devices. ^[1]
76% of online learners are using their own devices to access course content and training materials. ^[1]
Learners using smartphones to access online educational platforms complete course materials 45% faster than those using a computer. ^[1]
In terms of course distribution by subject, technology ranks first in popularity (19.8%). ^[1]
About 19.7% of courses launched in 2019 are all business. ^[1]
70% of learners are more motivated to learn when they are using mobile devices instead of computers. ^[1]
29% of learners who use mobile devices believe that they can easily apply what they have learned. ^[1]
72% of mobile learners revealed that they are more engaged with learning modules accessed via mobile devices. ^[1]
30% of smartphone users are using their mobile devices to access organizational training materials. ^[1]
25% of educators reveal that personalized learning is a promising idea. ^[1]
21% perceive personalized learning as a transformative approach to improve the K. ^[1]
11% of teachers state that they see personalized learning as a passing fad, while 10% reveals that it is not even on their radar. ^[1]
For 8% of surveyed teachers, personalized learning is a threat to public education. ^[1]
Today, there are approximately 3.3 billion mobile phones in the world, which means that 42.78% of the world’s population currently has a smartphone [3]. ^[2]
One of the most impactful trends for 2020 is that 30% of Learning and Development professionals plan to incorporate both simulations and games into their eLearning program by the end of 2020 [4]. ^[2]
As many corporate businesses use LMS platforms, it might not come as a surprise that the primary participants are corporate level executives (65%) and managers (35%). ^[2]
Another key statistic is that 58% of businesses are planning to adopt enterprise social networks by 2020. ^[2]
It is interesting to see that 68% of people enjoy learning at the office [7]. ^[2]
Studies suggest that 37% of online learners are adults, whereas 28% are younger people [9]. ^[2]
Studies also show that within the corporate world, the CAGR is expected to rapidly rise at a rate of 11.41% [10]. ^[2]
Surveys compiled from 2,500 companies across America showed that by implementing training programs within their business, 42% of them reported an increase in income. ^[2]
Within this same survey, businesses also received a 24% increase in profit margins and a 218% higher revenue for each employee [10]. ^[2]
In a recent study, it was found that 72% of organizations believed that an LMS gave them a competitive advantage that allowed them to thrive within their industry [13]. ^[2]
Crucial and informative data collected from a 2015 Gallup poll showcased that a shocking 51% of US employees were unengaged whilst at work [14]. ^[2]
The fact that employees don’t have the motivation to succeed and that they are 100% comfortable with their job role is a worrying statistic. ^[2]
When comparing this to the 32% that claimed they were engaged, the impact of needing such internal transformations is clear. ^[2]
It is predicted that by 2024, the education industry is expected to spend $3.1 billion on enterprise video [6]. ^[2]
Preferring to learn courses online rather than in the traditional classroom, 90% of students [8] appreciate having all of the resources under one roof. ^[2]
43% of students claim that these new technologies are making an impact [15] and are providing them with the assistance that they need to thrive. ^[2]
A study revealed that in the last few years over 49% of students [16] have taken an online course. ^[2]
[15] Statista – Views on the helpfulness of digital study technologies according to college students in the United States as of August 2016 Digital Study Trends Survey from McGraw. ^[2]
98% of higher education institutions moved online as of April 2020. ^[3]
98% of educational institutionsmoved the majority of their classes to online courses as of April 2020. ^[3]
77% of learnersfeel that their LMS has had a positive impact on satisfaction, productivity, and teaching during COVID. ^[3]
64% of global L&D prosagree that learning & development shifted from a “nice to have” to a “need to have” in 2021. ^[3]
23% of companieshave been using the same LMS for over five years. ^[3]
39% of usersconsider functionality as the most significant priority when selecting a new LMS. ^[3]
99% of institutionsprovide LMS and educational technology support for students, but a majority of students have either not received any LMS training or don’t know if they have received training. ^[3]
33% of global L&D prossurveyed in March 2021 expect their budgets to increase. ^[3]
Only 19% expect their budgets to decrease. ^[3]
33% of L&D prosglobally surveyed in March 2021 expect their budgets to increase. ^[3]
73% of L&D prosexpect to spend less on ILT and 79% expect to spend more on online learning. ^[3]
43% of educational institutionshave invested in new online learning resources and tools as of April 2020. ^[3]
98% of educational institutionsmoved the majority of their classes to online courses as of April 2020. ^[3]
74% of learnersfeel that their LMS has had a positive impact on satisfaction, productivity, and teaching during COVID. ^[3]
44% of studentsduring the pandemic experienced internet connectivity issues that were serious enough to interfere with their ability to attend or participate in their course. ^[3]
16% percent of students experienced such problems often or very often. ^[3]
79% of studentsused a laptop computer to access their online course after COVID. ^[3]
A desktop computer was used by 15%, a tablet by 3%, and a smartphone by 2%. ^[3]
10% of students had to share the device they were using to access the course with other users. ^[3]
79% of studentsduring the pandemic say it was difficult to stay motivated to do well in their course after it went online. ^[3]
77% of higher education facultyagree or strongly agree that the LMS is critical to their teaching. ^[3]
73% believe the LMS is a critical tool to enhance student learning. ^[3]
68.3% of higher education studentsused the LMS for all of their courses. ^[3]
Although99% of institutionsprovide 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. ^[3]
89% of higher education facultyalready used some of the features of the LMS before the COVID. ^[3]
Before the pandemic,38% of higher education facultyacross institution types used the LMS to teach completely online courses. ^[3]
That number was highest among AA institution faculty (52.3%) and lowest among BA faculty (25.4%). ^[3]
35.9% of studentsat associate level institutions have received formal LMS training—which is more than students at other types of institutions. ^[3]
The other considerations focused on reliability (20%), training support (17%) as well as price (12%). ^[3]
Poor usability (53%) and high cost (44%). ^[3]
From 2019 to 2020, the number of enterprise learners more than doubled, and the amount of learning has alsoincreased by 58%more hours per learner. ^[3]
76% of Gen Z learnersbelieve learning is the key to a successful career. ^[3]
64% of L&D prosglobally agree that L&D shifted from a “nice to have” to a “need to have” in 2021. ^[3]
66% of United States L&D prosagree that CEOs are active champions of learning. ^[3]
This is up from 27% in March 2020. ^[3]
59% of learning & development professionalssay that upskilling and reskilling programs are their top priority in 2021. ^[3]
Other top priorities include leadership and management (53%) and virtual onboarding (33%). ^[3]
66% of global L&D prosagree that they are focused on rebuilding and reshaping their organizations this year. ^[3]
49% of L&D prosare working with managers to drive learner engagement and skill building. ^[3]
39% of global L&D prossay 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%). ^[3]
Gen Z learners watched50% more hoursper learner of learning content in 2020 vs. 2019. ^[3]
Only 6% of higher education facultyprefer to teach completely online courses. ^[3]
Across all institution types , 46% of faculty still prefer teaching completely faceto. ^[3]
Despite overwhelming empirical evidence demonstrating the efficacy of online learning,only 21% of higher education facultyagree that online learning can help students learn effectively. ^[3]
43% of higher education studentshad not taken any online course before COVID 19, and 21% had previously taken only one online course. ^[3]
The remaining 35% of survey respondents had taken two or more online courses in the past. ^[3]
95% of employeessay they enjoy using gamified systems. ^[3]
26% of learnerswish their LMS had gamified elements. ^[3]
30% of Learning and Development professionalsplan to incorporate both simulations and games into their corporate eLearning program by the end of 2020. ^[3]
prosglobally said that they are now using survey tools to measure program effectiveness, up from 16% in 2020. ^[3]
43% of L&D pros in the UK report using employee survey scores to measure the impact of learning. ^[3]
According to Crunchbase, global funding for edtech companies reached $4.1 billion from January to July 2020. ^[3]
Geekwire reported Skilljar’s best quarter in company history in July 2020, with a 229% yearover year increase in new bookings. ^[3]
Only 66% of LMS buyerssay that implementation went as expected. ^[3]
93% of Moodle buyerssay that implementation went as expected—which is notable for an open. ^[3]
In comparison, only 71% of Google Classroom buyers say the same. ^[3]
You’ll see 100% authentic reviews from buyers just like you. ^[3]
Another key statistic is that 58% of businesses are planning to adopt enterprise social networks by 2020. ^[4]
It is interesting to see that 68% of people enjoy learning at the office. ^[4]
Studies also show that within the corporate world, the CAGR is expected to rapidly rise at a rate of 11.41%. ^[4]
Surveys compiled from 2,500 companies across America showed that by implementing training programs within their business, 42% of them reported an increase in income. ^[4]
Within this same survey, businesses also received a 24% increase in profit margins and a 218% higher revenue for each employee. ^[4]
In a recent study, it was found that 72% of organizations believed that an LMS gave them a competitive advantage that allowed them to thrive within their industry. ^[4]
It is predicted that by 2024, the education industry is expected to spend $3.1 billion on enterprise video. ^[4]
Preferring to learn courses online rather than in the traditional classroom, 90% of students appreciate having all of the resources under one roof. ^[4]
43% of students claim that these new technologies are making an impact and are providing them with the assistance that they need to thrive. ^[4]
Corporate Learning Management System Market Size is Projected to Reach USD 7570 Million by 2026 at CAGR 22.8%. ^[5]
Market size is projected to reach USD 7570 Million by 2026, from USD 1776.9 Million in 2019, at a CAGR of 22.8% during the forecast period 2021. ^[5]
Market size to grow from USD 9.464 Billion in 2019 to USD 29.901 Billion by 2025, at a Compound Annual Growth Rate of 21.13%. ^[5]
The Global Massive Open Online Course Market size is expected to grow from USD 4,637.96 Million in 2019 to USD 25,080.44 Million by the end of 2025 at a Compound Annual Growth Rate of 32.48% during the forecast period. ^[5]
The Global Smart Education & Learning Management Market size is expected to grow from USD 105,809.30 Million in 2019 to USD 270,630.32 Million by 2025 at a CAGR of 16.94%. ^[5]
In 2019, the US Academic ELearning Market size was USD 1.84 Billion and it is expected to reach USD 5.31 Billion by the end of 2026, with a CAGR of 16.3% during 2019. ^[5]
According to 92% of employees, employee training programs that are well planned have a favorable impact on their level of engagement. ^[12]
44% of small businesses prefer to provide training in a classroom environment with the assistance of an instructor, often known as instructor. ^[12]
Blended learning techniques and virtual classrooms are used by 27% of small businesses. ^[12]
39% of small businesses employ classroom led training, 25% use blended learning techniques, and 17% use virtual classrooms. ^[12]
A classroom led training technique is used by 36% of major organizations, while a mixed learning approach is used by 34%. ^[12]
32% of large businesses are more likely to use computer based or online learning techniques than other training delivery methods. ^[12]
6% of midsized businesses utilize mobile based learning instead of 5% of small businesses and 4% of large businesses. ^[12]
68% of employees prefer to learn or train on the job. ^[12]
Employees like to study or train at their own pace, according to 58% of those surveyed. ^[12]
When learning or training is required for a position, only 49% of employees elect to do so. ^[12]
According to 68% of employees, an essential policy at the firm is training and development. ^[12]
Last year, 60% of workers began their own skill training, indicating an unsatisfied desire in the workforce for greater knowledge. ^[12]
57% of employees now expect to learn on a ‘justin. ^[12]
People are 95% more likely to recall knowledge delivered via video than text alone. ^[12]
Gen Z is more likely to view training material, absorbing 50% more learning material than previous generations. ^[12]
To remain employed, 74% of workers are eager to learn new skills or retrain. ^[12]
70% of employees are relatively inclined to quit their current job to work for a company that invests in employee development and learning. ^[12]
A greater chance of professional advancement attracted 34% of employees who left their prior employers. ^[12]
68%of employees would rather learn within the workplace. ^[12]
54% of employees would spend more time studying if they were given specific course recommendations to assist them in achieving their professional objectives. ^[12]
Resilience training has been found that helps to reduce mental distress symptoms by 30% by working onresilience in the workplace. ^[12]
Resilience training has been found that helps to reduce mental distress symptoms by 30% by working on. ^[12]
83% of companies currently use an LMS. ^[12]
Personalized, relevant training is desired by 91% of employees. ^[12]
After using an LMS, 72% of businesses believed to hold a competitive edge. ^[12]
LMS is used extensively by 40% of Fortune 500 businesses to stay competitive. ^[12]
93% of companies want to create live online learning for their programs. ^[12]
42% of companies are actively looking to upgrade their learning management system. ^[12]
Tech firms account for 30% of worldwide LMS buyers. ^[12]
Managers account for 35% of LMS’s primary users. ^[12]
49% of employees want to learn when and where they need to. ^[12]
LMS’s is used by 92% of businesses, and most of them have been in place for more than two years. ^[12]
Poor user experience is cited by 88% of organizations as the primary reason for switching learning technology solutions. ^[12]
58% of employees prefer to learn at their own speed.. ^[12]
Learning and development are becoming a more strategic element of organizations, according to 66% of L&D professionals. ^[12]
A learning management system is used by 70% of L&D departments in North America. ^[12]
Employees learn 70% of their abilities on the job, 20% from their peers and colleagues, and 10% through formal training sessions. ^[12]
94% of employees would stay with a firm for longer if it invested in their learning and development. ^[12]
27% of firms report weekly breaches or assaults. ^[12]
The DCMS also discovered that phishing was the most prevalent threat vector, accounting for 83% of the attacks. ^[12]
40% of companies classify their compliance processes as basic or reactive. ^[12]
23% of companies lack a formal compliance training plan. ^[12]
15% of respondents said they rushed through obligatory compliance training without listening or reading. ^[12]
34% admit to merely skimming compliance information and tuning out training audio. ^[12]
49% of respondents skipped or did not thoroughly listen to their mandated compliance training. ^[12]
69% of firms use technology to help them with their compliance processes. ^[12]
According to the study’s findings, individuals who received leadership training increased their learning capacity by 25% and their performance by 20%. ^[12]
Developing leaders at all levels is important to 83% of organizations. ^[12]
Less than 5% of businesses have adopted leadership development at all levels. ^[12]
48% of leaders want to be schooled by external coaches. ^[12]
48% of leaders want to be educated through developmental tasks. ^[12]
According to the DDI Global Leadership Forecast, 39% of executives desire formal in. ^[12]
According to 55% of CEOs, the biggest problem is creating the next generation of leaders. ^[12]
That being said, even the most experienced teachers and administrators couldn’t have predicted at the beginning of 2020 that a pandemic would shut down schools, force students home, and leave everyone scrambling for solutions. ^[10]
K 12 LMS users say their current LMS is their first, compared to only 38% of college and university users. ^[10]
Nearly 40% of K 12 users say their school has had their LMS for less than a year. ^[10]
Purchasers most often said functionality was the top factor in their LMS purchase decision (39%), beating out factors like reliability (20%), training support (17%), and even price (12%). ^[10]
Gamification is the most requested featureMore than one in four users (26%). ^[10]
Currently, only 18% of users have access to and use gamification features. ^[10]
LMS satisfaction is overwhelmingly positive92% of LMS users say they’re very or somewhat satisfied with their school’s current system. ^[10]
LMSs have been vital in the COVID19 eraClose to three in four users (74%). ^[10]
When we ran this report five years ago on all LMS users , education represented a full 21% of our sample. ^[10]
According to Gartner, “in five short years, the number of K 12 educators choosing to use a free and lightweight LMS tool, such as Google Classroom, has seen explosive growth”. ^[10]
College and university users in our sample were more than twice as likely as K 12 users to say they were teaching more than 10,000 students using their LMS (18% vs. 7%). ^[10]
Overall, 55% of users who had a role in an LMS purchase decision say their organization was a first. ^[10]
Another interesting finding Higher ed colleges and universities were almost three times more likely to make training their top purchase factor compared to K 12 schools (29% vs. 10%). ^[10]
Though it’s great to see that 97% of buyers are demoing at least one system before they purchase, ideally every buyer should demo at least three or four given the far reaching effects these tools have at educational institutions. ^[10]
Overall, 62% of educational LMS buyers are spending anywhere from one to six months researching options and making a purchase decision. ^[10]
Seventy three percent say their LMS cost matched what they expected, 17% say it cost more than expected, and 10% say it cost less than expected. ^[10]
Sadly, it’s here where schools are also having the most trouble hitting established deadlines as only 61% had an implementation timeline that matched expectations. ^[10]
For nearly a quarter of users (23%). ^[10]
Again, we see that K12 schools are slightly lagging behind colleges and universities with their LMS, as nearly 40% of K 12 schools have had their current LMS for less than a year. ^[10]
Overall, 92% of users say they are satisfied with their school’s current LMS—a staggeringly positive approval rating that barely wavered between K 12 schools (91%) and higher ed institutions (94%). ^[10]
To put this number in context, when we asked LMS users from businesses and schools this question five years ago, only 63% were satisfied with their organization’s current system. ^[10]
A 2018 study by Educause adds that student LMS satisfaction is only at 75%. ^[10]
More than 90% of users are satisfied with their organization’s current LMS and its positive impact. ^[10]
According to the World Economic Forum publicized report, in April 2020, more than 1.2 million students across 186 countries were affected by school closure due to the COVID. ^[6]
For instance, in April 2020, the U.S. based Training Industry, Inc., saw an 8.6% increase in web traffic. ^[6]
According to PWC Millennials at Work report, there will be 50% millennials in the global workforce. ^[6]
According to the 2020 Capterra report, 64% of k 12 schools and 36% of higher education colleges or universities are using LMS in 2020. ^[6]
The investment is approximately 30% higher than the previous year, which was USD 1.7 million in 2019. ^[6]
According to the European EdTech Funding Report, 2021 report published by Brighteye Advisors, the Ed Tech funding in Europe increased up to USD 711 million in 2020 from USD 651 million in 2019. ^[6]
A Judith B. Strother report revealed that, by switching from classroom style learning to blended learning, Ernst and Young reduced its training costs by 35 percent. ^[13]
It also reduced its training time by 52 percent. ^[13]
If a social learning management system can’t be easily implemented and maintained, doesn’t facilitate training and learning, and has per user fees, you may be among the 50 percent of companies that are dissatisfied with their learning management system. ^[13]
94% of employees say they would stay at a company longer if it invested in their learning and development. ^[14]
( LinkedIn Learning Report, 2020 74% of workers are willing to learn new skills or re train in order to remain employable. ^[14]
( Lorman 70% of employees would be somewhat likely to leave their current job to work for an organization known for investing in employee development and learning. ^[14]
( Lorman 34% of employees who left their previous job were motivated to do so by more career development opportunities. ^[14]
( Lorman 68% of employees prefer to learn at work. ^[14]
( FinanceOnline 54% of employees would spend more time learning if they had specific course recommendations to help them reach their career goals. ^[14]
58% of employees want to learn at their own pace. ^[14]
To be proactive against these types of attacks, train your employees on compliance with interactive, engaging training courses that are self paced 27% of businesses report weekly breaches or attacks. ^[14]
The DCMS also found that the most common threat vector by far was phishing, which accounted for 83 percent of those attacks. ^[14]
Lorman 40% of companies rate their compliance programs as basic or reactive. ^[14]
( Lorman 23% of organizations have no formal compliance training plan. ^[14]
( Lorman 15% of respondents say they clicked through mandatory compliance training without listening or reading. ^[14]
( Corporate compliance insights 34% say they only skim read compliance content and tuned out of training audio. ^[14]
( Corporate compliance insights 49% of respondents skip read or didn’t listen to their mandatory compliance training in detail. ^[14]
( Ponemon 69% of businesses are utilizing technology to support their compliance programs. ^[14]
Study results show that participants undergoing leadership training improved their learning capacity by 25% and their performance by 20%. ^[14]
( Research Gate Organizations that embrace a more inclusive approach to leadership training are 4.2X more likely to outperform those that restrict development to management. ^[14]
( Global Leadership Forecast 2018 83% of businesses say it’s important to develop leaders at all levels. ^[14]
In 2017, Manpower Group, for instance, mentioned that by 2020, around 35% of the total population is expected to contain millennials. ^[8]
It is projected to grow from USD 13.38 billion in 2021 to USD 44.49 billion in 2028 at a CAGR of 18.7% in the forecast period. ^[8]
Forecast Period 2021 to 2028 Forecast Period 2021 to 2028 CAGR 18.7%. ^[8]
IT & Telecom Sub segment Held 20.2% Share in 2020. ^[8]
According to the Australian Trade and Investment Commission, for instance, since 2013, the U.S. accounted for around 58% of the global Ed. ^[8]
With 12.1% CAGR, Talent Management Software Market Size Worth USD 17.66 Billion in 2029 Pune, India, April 28, 2024. ^[8]
Companies that deliver corporate training have a 24 percent higher profit margin than those that don’t. ^[9]
COVID19 has almost doubled the percentage of virtual instructor led training, and companies affected by the 2020 changes are spending more on training in 2021. ^[9]
With Rippling, you can click a button, and take care of a new hires’ I9, offer letter, payroll, health insurance, and more 100% online and paperless. ^[9]
Over 87% of users have web based LMS solutions. ^[11]
Online only learners are projected to make up almost 25% of all students by 2020. ^[11]
8% of companies use MOOC platforms and the number is expected to grow in 2017. ^[11]
By the end of 2017, 98% of all organizations will use video based training programs in their digital learning strategies. ^[11]
74% of employees in businesses using LMS systems have a BYOD policy. ^[11]
In the past year, 31% of LMS buyers switched to a new LMS system. ^[11]
Large companies make up 30% of LMS buyers. ^[11]

I know you want to use Corporate Learning Management Systems, thus we made this list of best Corporate Learning Management Systems. We also wrote about how to learn Corporate Learning Management Systems and how to install Corporate Learning Management Systems. Recently we wrote how to uninstall Corporate Learning Management Systems for newbie users. Don’t forgot to check latest Corporate Learning Management Systemsstatistics of 2024.

Reference

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.
elearningindustry – https://elearningindustry.com/top-learning-management-system-lms-statistics-for-2020-infographic.
trustradius – https://www.trustradius.com/vendor-blog/lms-statistics-trends.
elearninginfographics – https://elearninginfographics.com/top-learning-management-system-lms-statistics-2020-know/.
prnewswire – https://www.prnewswire.com/in/news-releases/corporate-learning-management-system-market-size-is-projected-to-reach-usd-7570-million-by-2026-at-cagr-22-8-valuates-reports-828621478.html.
fortunebusinessinsights – https://www.fortunebusinessinsights.com/industry-reports/learning-management-system-market-101376.
softwareadvice – https://www.softwareadvice.com/resources/top-lms-statistics/.
globenewswire – https://www.globenewswire.com/news-release/2021/08/16/2280848/0/en/Learning-Management-System-Market-to-Reach-USD-44-49-Billion-by-2028-Rising-Usage-of-Internet-and-Cloud-Platforms-to-Boost-Growth-Fortune-Business-Insights.html.
technologyadvice – https://technologyadvice.com/blog/human-resources/predictions-for-the-future-of-lms/.
capterra – https://www.capterra.com/learning-management-system-software/user-research/.
capterra – https://blog.capterra.com/the-top-14-interesting-learning-management-statistics-for-2017/.
myshortlister – https://www.myshortlister.com/insights/employee-training-statistics.
topyx – https://www.topyx.com/lms-blog/3-reasons-learning-management-systems-fail.
whatfix – https://whatfix.com/blog/employee-training-statistics/.

How Useful is Corporate Learning Management Systems

One of the biggest advantages of using a corporate LMS is the ability to provide consistent training to all employees regardless of their location. Whether an employee is based in the head office or working remotely, they can access the same training materials and resources through the LMS. This ensures that everyone receives the same level of education and knowledge, leading to a more cohesive and efficient workforce.

Furthermore, corporate LMSs allow companies to track the progress of their employees in real-time. Managers and HR departments can easily monitor who has completed which training modules, identify any gaps in knowledge, and provide additional support where needed. This level of transparency and accountability is invaluable in ensuring that employees are continuously developing their skills and knowledge.

Another benefit of corporate LMSs is the ability to personalize the learning experience for each employee. Rather than taking a one-size-fits-all approach to training, LMSs can provide customized learning paths based on an individual’s role, skill level, and learning style. This personalized approach can help employees stay engaged and motivated to learn, ultimately leading to better retention and application of knowledge in the workplace.

Additionally, corporate LMSs offer a wide range of learning opportunities beyond traditional training modules. Employees can access webinars, podcasts, videos, and other interactive resources to supplement their learning. This multimedia approach is particularly beneficial for visual and auditory learners who may struggle with traditional text-based training materials.

Despite these benefits, corporate LMSs also face some challenges that can limit their effectiveness. One common issue is the potential for information overload. With so much training material available, employees may feel overwhelmed and struggle to prioritize what to focus on. Companies need to be mindful of not inundating their employees with too much information at once, instead breaking down training into manageable chunks.

Another challenge is ensuring that the content of corporate LMSs is up-to-date and relevant. Technology and business practices are constantly evolving, so it’s crucial that companies regularly review and update their training materials to reflect the latest industry trends and innovations. Failing to do so could result in employees being trained on outdated or ineffective practices.

In conclusion, corporate Learning Management Systems can be incredibly useful tools for companies seeking to train and develop their employees effectively. By providing a consistent, personalized, and engaging learning experience, LMSs can help companies build a knowledgeable and skilled workforce that is prepared to meet the challenges of the modern business world. However, companies must be aware of the potential pitfalls and challenges associated with LMSs and take proactive steps to address them in order to maximize their effectiveness.

In Conclusion

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Corporate Learning Management Systems Statistics 2024 – Everything You Need to Know