Top LMS Industry Facts of 2016 Infographic


Top LMS Industry Facts of 2016 Infographic

The LMS Industry is rapidly growing and developing. As far back as 30 years ago, there were around 15 LMS vendors on the market; today the number exceeds 700. The worth of the LMS market was measured at $2.5 bn in 2013, $7.8 bn in 2016 and, according to numerous predictions, the number will have grown to $15.72 bn by 2021. These figures indicate a considerable financial contribution to the distance education field, not to mention the huge potential of the e-Learning market.

LMSs (Learning Management Systems) are widely used in a variety of industries, but the leading one is Education (21%); then comes Technology (12%) and Manufacturing (9%). The number of governmental institutions using LMS software for training purposes remains small (2%).


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