Technology
LMS Market to Grow by USD 79.05 Billion (2024-2028), Driven by NGDLE Adoption in Academia, AI Transforming the Market Landscape – Technavio Report
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4 months agoon
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NEW YORK, Sept. 10, 2024 /PRNewswire/ — Report with market evolution powered by AI- The global learning management system (LMS) market size is estimated to grow by USD 79.05 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 27.17% during the forecast period. Adoption of ngdle in academic sector is driving market growth, with a trend towards increasing popularity of cloud-based LMS. However, interoperability issues poses a challenge. Key market players include Adrenalin eSystems Ltd., Blackboard Inc., Sprout On Web Pty. Ltd., Clearlake Capital Group L.P., D2L Inc., Degreed Inc., Docebo Inc., Epignosis LLC, GENTLAB S.R.L, Instructure Holdings Inc., Looop Online Ltd., Oracle Corp., Pearson Plc, PowerSchool Holdings Inc., SAP SE, Skillsoft Corp., Tovuti Inc., Violet InfoSystems Pvt. Ltd., Workday Inc., and Xperiencify.
Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report
Learning Management System (Lms) Market Scope
Report Coverage
Details
Base year
2023
Historic period
2018 – 2022
Forecast period
2024-2028
Growth momentum & CAGR
Accelerate at a CAGR of 27.17%
Market growth 2024-2028
USD 79058 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
20.99
Regional analysis
North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution
North America at 31%
Key countries
US, China, UK, Germany, and Canada
Key companies profiled
Adrenalin eSystems Ltd., Blackboard Inc., Sprout On Web Pty. Ltd., Clearlake Capital Group L.P., D2L Inc., Degreed Inc., Docebo Inc., Epignosis LLC, GENTLAB S.R.L, Instructure Holdings Inc., Looop Online Ltd., Oracle Corp., Pearson Plc, PowerSchool Holdings Inc., SAP SE, Skillsoft Corp., Tovuti Inc., Violet InfoSystems Pvt. Ltd., Workday Inc., and Xperiencify
In today’s business environment, cloud-based Learning Management Systems (LMS) have gained significant popularity due to their numerous advantages over traditional LMS. These advantages include eliminating the need for on-premises servers, reducing implementation costs, and offering faster setup times. Cloud-based LMS is typically subscription-based, resulting in a lower initial investment for organizations. The implementation process is also less time-consuming and resource-intensive, as there is no need for installing programs. Furthermore, the cost of cloud-based e-learning is generally lower than traditional LMS, making it an affordable option for schools of all sizes. Traditional LMS vendors are responding to this trend by offering competitive pricing, allowing more businesses and educational institutions to access this valuable technology.
The Learning Management System (LMS) market is experiencing significant growth due to the trend towards online education. With budget constraints and reduced spending, cost-effective solutions like cloud-based LMS platforms are increasingly popular. Digital transformation and remote work have accelerated the adoption of LMS platforms for education and corporate users. These versatile platforms offer digital content such as eBooks, multimedia resources, and online learning activities to enhance learning outcomes. Blended learning, which combines face-to-face instruction with online methods, is a key segment. AI-driven personalized learning, gamification, social learning capabilities, and interactive platforms are product innovations that engage learners and provide real-time interaction and feedback. Key vendors prioritize developed infrastructure, quality services, and user-friendly interfaces to meet the demands of the corporate users segment. 5G technology and mobile education are future trends. Smartphones and communication devices are essential tools for accessing digital learning solutions.
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• Integrating a Learning Management System (LMS) with an existing Content Management Solution (CMS) or Academic Management System (AMS) can present interoperability challenges. Although LMS allows for integration, connecting it to an unsupported system can be difficult due to differences in eLearning standards. For instance, content structure variations between vendors make it challenging to reuse courses developed by one vendor with an LMS from another. To address this issue, organizations often rely on system-specific application programming interfaces (APIs) for successful LMS-CMS integration. However, the academic management system, which is often in-house and built on less-used standards, poses additional difficulties. The maturity of content management standards significantly impacts LMS cost, leading many organizations to opt for customized LMS services, which can be expensive. Effective LMS integration requires addressing these challenges to ensure a seamless teaching-learning process and enhance end-user satisfaction and learning success.
• In today’s digital age, the Learning Management System (LMS) market is booming. Universities and businesses alike are adopting LMS platforms to deliver academic and corporate training in flexible, engaging ways. Challenges include supporting rich media formats like videos and interactive modules, virtual reality, and mobile learning. Microlearning and personalized instruction are key to student engagement. Content providers offer educational materials in various formats, from e-books to simulations. Assessments and assessments are essential for measuring progress. Advanced technologies like blended learning models, remote learning, and digital learning are expanding offerings. Internet penetration and digitalization of industries drive demand for LMS solutions. Strategic partnerships help LMS providers meet the needs of the digital age, offering upskill training programs and advanced technologies like simulations and assessments. User experience is crucial for success. As LMS platforms continue to evolve, they will become even more integral to lifelong learning and the future of education and training.
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This learning management system (lms) market report extensively covers market segmentation by
End-user 1.1 Academic1.2 CorporateDeployment 2.1 On-premises2.2 On-cloudGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa
1.1 Academic- The Learning Management System (LMS) market is experiencing significant growth due to the increasing popularity of online learning and the expansion of higher education institutions offering digital courses. In the academic sector, the higher education segment dominates, contributing the most to market revenue. Universities are hiring IT staff, including course designers and app developers, to increase their online course offerings. Additionally, the rise of m-learning in schools and colleges necessitates LMS solutions compatible with mobile devices. However, challenges exist in ensuring accessibility on various mobile architectures and operating systems. Students and teachers seek online certificate programs and vocational courses to gain a competitive edge in their respective fields. Institutions are integrating technologies like classroom management systems, analytics, and Learning Content Management Systems (LCMS) with LMS to design, develop, and launch online courses. Teachers can use analytics and reporting features to monitor student progress and create personalized learning paths. Universities providing online courses rely on LMS to manage students, distribute reading materials, and administer assignments. LMS is also extensively used for training and performance administrations in universities. Open-source LMS solutions like Moodle are gaining popularity in the market, capturing significant revenue. In the K-12 sector, blended learning methods are being adopted, requiring online course materials developed using LMS solutions. However, challenges persist, including the lack of operating knowledge for handling LMS among teachers and students and difficulty in using LMS in emerging economies. Despite these challenges, the integration of advanced technologies and the growing demand for online learning are expected to drive market growth during the forecast period.
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The Learning Management System (LMS) market is experiencing significant growth due to the digitalization of industries and the shift towards remote work. With the rise of digital learning, LMS platforms have become essential tools for delivering online courses, training programs, and interactive educational content to individual learners and educational institutions. These platforms offer flexible learning options, blended learning models, and smart learning capabilities, making education more accessible and convenient than ever before. Mobile education, open online courses, and online tutorials are also gaining popularity, allowing learners to access educational content on their smartphones and communication devices. The business landscape is continually evolving, and upskilling and reskilling have become crucial for employees to stay competitive. LMS platforms enable progress tracking, certifications, and communication between learners and instructors, making them an essential component of the modern educational ecosystem. Internet connectivity is a key requirement for accessing these platforms, making them an essential tool for schools and educational institutions as well.
The Learning Management System (LMS) market is experiencing significant growth due to the digitalization of industries and the shift towards remote work. LMS platforms have become essential tools for delivering digital learning, online courses, and training programs to upskill employees. Advanced technologies like artificial intelligence (AI), 5G technology, and mobile learning solutions are expanding offerings and enhancing learning outcomes. Flexible learning options, strategic partnerships, and lifelong learning are key trends in this market. Corporate users are seeking cost-effective solutions, while educational institutions are adopting cloud-based LMS platforms for on-premises alternatives. Blended learning models, which combine face-to-face instruction with online learning activities, are popular. User experience, real-time interaction, feedback, and engagement are crucial factors for learners. Millennials prefer interactive platforms, gamification, social learning capabilities, and AI-driven personalized learning. Key vendors are innovating with user-friendly interfaces, AI-based LMS platforms, and content accessibility features. Virtual assistants, chatbots, and AI-powered avatars are also being integrated to provide a more personalized learning experience. Analyst surveys indicate that the market for digital learning solutions will continue to grow, driven by the need for upskilling and reskilling in a rapidly changing business landscape.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
End-userAcademicCorporateDeploymentOn-premisesOn-cloudGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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RiDYMO® Designs Cyclic Peptide for “Undruggable” β-Catenin Target Within Two Months
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BEIJING, Jan. 8, 2025 /PRNewswire/ — In a recent achievement, DP Technology’s hit discovery platform RiDYMO® has successfully designed a cyclic peptide targeting β-catenin, a historically “undruggable” protein, in just two months. This innovative AI-driven approach combines advanced algorithms, physics simulations, and high-throughput experimentation to rapidly develop potential drug candidates for challenging targets. The platform’s success with β-catenin, a key player in cancer development, demonstrates its potential to revolutionize drug discovery for previously intractable targets.
The Wnt/β-catenin pathway plays a crucial role in various biological functions and is implicated in multiple cancers[1-3]. Despite its importance as a therapeutic target[4-7], β-catenin has long been considered “undruggable” due to its flat protein surface[8-10]. The RiDYMO® platform overcomes this challenge by leveraging a vast library of over 10^12 cyclic peptides and macrocyclic molecules, incorporating both natural and non-natural amino acids.
Using the RiDYMO® platform, researchers rapidly designed and screened cyclic peptide molecules for β-catenin binding. The process involved:
Optimizing the β-catenin protein structure to improve the binding interface.High-throughput screening and design of cyclic peptides using the platform’s extensive library.Synthesis and testing of 29 candidate molecules.
The results were impressive, with 12 compounds showing strong inhibition of protein-protein interactions (IC50≤10 μM), a success rate of over 40%. One standout compound, designated as compound 24, effectively bound to β-catenin, disrupted its interaction with BCL9, and inhibited the Wnt/β-catenin signaling pathway.
Dr. Dongdong Wang, Co-President of DP Technology’s Drug Discovery Unit, emphasized the platform’s ability to tackle undruggable targets and rapidly design high-quality compounds. The RiDYMO® platform’s success with β-catenin demonstrates its potential to accelerate the development of orally available cyclic peptide drugs, potentially transforming the pharmaceutical industry’s approach to challenging targets.
This breakthrough in cyclic peptide design for β-catenin showcases the power of AI-driven drug discovery platforms in addressing previously intractable targets, potentially opening new avenues for cancer treatment and other therapeutic areas.
About the RiDYMO® Hit Discovery and Optimization Platform
RiDYMO® is a state-of-the-art hit discovery and optimization platform developed by DP Technology, leveraging the principles of AI for Science. It employs the proprietary Hermite® computational drug design software to elucidate the dynamics of “undruggable” targets and explores a broader chemical space encompassing small molecules, macrocycles, and cyclic peptides. By integrating advanced artificial intelligence, physics-based algorithms, and high-throughput experimentation, the platform excels in designing oral macrocyclic compounds and rapidly delivers innovative drug candidates.
As one of its core algorithms, Reinforced Dynamics (RiD)[4] has a significant advantage in the sampling efficiency of molecular dynamics simulation. By fully leveraging the high-dimensional representation capabilities of neural networks, RiD can efficiently capture dynamic conformational changes in complicated biomolecular systems. Previously, the core RiD algorithm of the platform was published in Nature Computational Science [11]. The study demonstrated that RiD could achieve a more comprehensive free energy surface within 1.86 μs, compared to 100 μs required by traditional MD methods, representing nearly a hundredfold increase in efficiency.
RiDYMO® has been successfully employed in various drug discovery programs, including the development of small molecule compounds for crucial targets such as c-Myc and GPX4, as well as other modalities such as cyclic peptides and ADCs.
For more information, please visit our website.
(https://www.dp.tech/en/services/medicine).
About Hermite
Hermite® is a next-generation computational drug design platform developed by DP Technology, powered by AI for Science, to provide a comprehensive solution for drug design. Hermite® integrates industry-leading tools such as the Free Energy Perturbation module (“Uni-FEP”), and the ultra-high-throughput virtual screening tool (“Uni-VSW”). The platform supports key stages of drug discovery from protein structure prediction and target validation to hit discovery and lead optimization.
In addition, the platform offers an interactive, web-based molecular visualization experience, with detailed management of projects, teams, and data. It features full compliance certification, multi-tier security measures. Users have the flexibility to choose between cloud-based or private deployment options.
Hermite® is rapidly gaining traction in the pharmaceutical industry, with over 60% of leading companies in China utilizing the platform across more than 50 drug pipelines. This growing trust is reflected in the impressive number of calculations performed—over 200,000 Uni-FEP calculations to date—demonstrating Hermite®’s reliability and effectiveness as a powerful tool for drug discovery and development.
For more information, please visit: https://www.dp.tech/en/product/hermite
References:
Salik B, et al. Targeting RSPO3-LGR4 signaling for leukemia stem cell eradication in acute myeloid leukemia. Cancer Cell. 2020;38(2):263–78.e6.Liu J, et al. Wnt/β-catenin signal ling: function, biological mechanisms, and therapeutic opportunities. Signal Transduct Target Ther. 2022 Jan 3;7(1):3.Choi BR, Cave C, Na CH, Sockanathan S. GDE2-dependent activation of canonical wnt signaling in neurons regulates oligodendrocyte maturation. Cell Rep. 2020;31(5):107540.Zhang L, Shay JW. Multiple roles of APC and its therapeutic implications in colorectal cancer. J. Natl. Cancer Inst. 2017;109(8).Belenguer G, et al. RNF43/ZNRF3 loss predisposes to hepatocellular-carcinoma by impair ing liver regeneration and altering the liver lipid metabolic ground-state. Nat. Commun. 2022;13(1):334.Cao L, et al. Helicobacter pylori-induced RASAL2 Through Activation of Nuclear Factor-κB Promotes Gastric Tumorigenesis via β-catenin Signaling Axis. Gastroenterology. 2022 May;162(6):1716-1731.e17.Hashemi M, et al., Biological functions and molecular interactions of Wnt/β-catenin in breast cancer: Revisiting signaling networks. Int. J. Biol. Macromol. 2023 Mar 31:232:123377.Hwang et al., Direct Targeting of b-Catenin by a Small Molecule Stimulates Proteasomal Degradation and suppresses Oncogenic Wnt/β-Catenin Signaling. 2016, Cell Rep. 16, 28–36.Tanton et al., A novel β-catenin/BCL9 complex inhibitor blocks oncogenic Wnt signaling and disrupts cholesterol homeostasis in colorectal cancer. 2022, Sci. Adv. 8, eabm3108.Scuoppo C. et al., “ST316, a Clinical Peptide Antagonist of β-catenin, Induces Anti-Tumor Immune Responses by Multiple Mechanisms of Action.” AACR 2024.Wang D, et al. Efficient sampling of high-dimensional free energy landscapes using adaptive reinforced dynamics. 2022, Nat. Comp. Sci. 2, 20.
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SOURCE DP Technology
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iGarden Debuts TurboX Series Robotic Pool Cleaner and Robotic Lawn Mower
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LAS VEGAS, Jan. 8, 2025 /PRNewswire/ — iGarden, a pioneer in smart, comprehensive outdoor living solutions, is proud to announce the launch of two groundbreaking product series: the iGarden TurboX Series Robotic Pool Cleaner and the iGarden Lawn Mower.
iGarden TurboX Series Robotic Pool Cleaners – Effortless Pool Maintenance Redefined
Featuring a sleek hypercar inspired design packed with state-of-the-art iGarden AI-InverterTM technology that guarantees powerful, long-lasting performance, the iGarden TurboX Series is a year round device, ensuring your pool stays sparkling clean with minimal effort.
Pool Cleaning Powerhouse
Being the Guinness Record Holding Endurance Champion for Longest Continuous Operation robotic pool cleaner, the TurboX series is a pool cleaning powerhouse with the TurboX Master edition featuring a record 15 Hour Marathon performance. Integrated with multiple patented iGarden AI-InverterTM technologies, the TurboX Master boasts greater cleaning and battery efficiency, resulting in a lighter machine and long-lasting performance and run time, allows for up to a month of use without recharging, assuming twice-weekly cleanings*. The TurboX Master also comes with its Turbo mode for 200% extra turbocharged suction to clear those tougher stains.
Effortless Navigation Through Any Pool
Armed with infrared sensors, IMU (inertial measurement unit + gyroscope), and obstacle-crossing design (tracks), the TurboX Master possesses strong compatibility, catering to cleaning needs of all shapes and sizes from pool steps, plateaus and round or oval shaped pools. Its intelligent algorithm allows the TurboX Master to autonomously return to its initial drop-off point when the battery is low, ensuring it does not remain adrift in the middle of the pool.
Intelligent Cleaning Paths
The TurboX series follows an advanced 3D “S” pathing system, methodically cleaning every inch of your pool, leaving no spot untouched. Its modular propeller design gives it an edge when it comes to cleaning tough to remove algae and particles along the water line and bottom of the pool.
Elite Aesthetics and Durability
Featuring multi-layered anti-corrosion and UV-resistant coating, the TurboX Master ensures long-lasting durability against prolonged pool water and sunlight exposure. It also comes integrated with a magnetic filter basket which is designed for easy extraction from the top, making scheduled maintenance a breeze. The holographic touch interface is made for easy operation and resistant to deterioration or water damage.
iGarden Lawn Mower – the All-Terrain Robotic Lawn Mower
Powered by advanced AI technology Zero-turn AWD high traction driving system and the company’s inherited energy management system, the iGarden Lawn Mower brings users All-Scenario Friendly robotic lawn mower keeps your lawn perfectly manicured with minimal effort.
Flawless Cutting Performance Without the Hassle
With its built-in AWD, the Garden Lawn Mower can master slopes and hills and offering superior traction when traversing various terrains and precision manoeuvring for flawless cuts on uneven ground. The robust battery system allows the iGarden Lawn Mower to enjoy up to 10 hours of continuous, flawless mowing on a single charge, making it the best maintenance device to ensure your lawn is perfectly maintained at all times, day or night.
Made for Ease of Use and Convenient Wireless Control
Unlike other robotic lawn mowers, the iGarden Lawn Mower comes integrated with LiDAR technology and doesn’t require cumbersome perimeter wires or RTK reference stations. With the iGarden Lawn Mower, you can be ready to mow in minutes. Users can easily set up and monitor multiple lawn zones with ease, ensuring every area receives the perfect cut.
Smarter Mapping with AI Vision and Unwavering Precision
Cutting-edge AI technology allows the lawn mower to automate mapping, cross-edge cutting, and seamless obstacle recognition and avoidance. The 360° 430K-point cloud 3D LIDAR ensures stable, interference-free positioning and mapping for unparalleled accuracy and reliability. The iGarden Lawn Mower is specifically designed to avoid cutting flowers, so your garden and hedges remain beautifully untouched.
The iGarden TurboX and TurboX Master will be available in March and April 2025 respectively, and the iGarden lawn mower will be available on Kickstarter in April 2025.
About iGarden
Founded in 1999, iGarden has been at the forefront of revolutionizing outdoor living with smart, comprehensive solutions that seamlessly blend premium energy efficiency with sophisticated design. iGarden is dedicated to pushing the boundaries of technology and design to elevate your everyday lifestyle to new heights of elegance and comfort.
Our product range is meticulously crafted to enhance every aspect of the outdoor experience. From our cutting-edge inverter pool technology to advanced robotic pool cleaners, solar energy panels, robotic lawnmowers, and surfing-swim machines, iGarden offers a holistic suite of solutions that transform your outdoor space into sanctuaries of luxury and efficiency.
At iGarden, we understand that true innovation lies in the details. Our vision is to provide you with hassle-free, stylish, and sustainable outdoor living solutions that not only meet but exceed expectations. Elevate your lifestyle with solutions designed to integrate seamlessly and experience the epitome of performance without the hassle.
Experience the artful living with iGarden:
Website: www.fairlandgroup.com
Facebook: https://www.facebook.com/people/iGarden/61570919963920/
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Media Contact:
TEAM LEWIS
Leo Li
Email: leo.li@teamlewis.com
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SOURCE iGarden
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Vatrer Power Debuts Latest LiFePO4 Sustainable Energy Technology Solutions at CES 2025
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January 9, 2025By
LAS VEGAS, Jan. 8, 2025 /PRNewswire/ — Vatrer Power, the leading Lithium Iron Phosphate (LiFePO4) product and technology solution provider, is currently showcasing its latest sustainable energy solutions and products for consumer electronics, home energy storage, and electric vehicles at Booth #35906 during CES 2025, held from January 7 to 10 in Las Vegas.
“The CES exhibition is not only a platform to highlight our latest products but also an opportunity for us to communicate with global innovators, industry leaders, consumer users, and more. The brand mission of Vatrer Power is ‘to make green energy at your fingertips,’ and we hope to welcome you to visit us at the exhibition or follow us online,” said Henry Ma, CEO of Vatrer Power.
The Vatrer 48V 105AH Lithium Golf Cart Battery, to be highlighted at CES 2025, adopts EVE’s Grade A Prismatic LiFePO4 cells and offers 5.37kWh of energy. It delivers 10.24kW of power with low self-discharge and stable performance that’s 50 percent more powerful than similar-sized lithium batteries, and provides strong acceleration to handle tough terrains with ease. Engineered for 48V golf carts, this battery offers powerful energy and compatibility with major golf cart controllers, includes a 58.4V 20A LiFePO4 charger for fast charging, and features a 2.8-inch touchscreen for real-time monitoring.
The Vatrer 48V (51.2V) 100Ah LiFePO4 Lithium Solar Battery is a compact and high-efficiency home energy storage solution that seamlessly integrates with renewable energy. Its user-friendly design features a touchable smart interface for monitoring and controlling the battery anytime, anywhere, providing great convenience. With no acid in the lithium-ion battery, it can be mounted in any position, making Li-ion batteries perfect for marine, RV, campers, travel trailers, and off-grid applications.
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At CES 2025, Vatrer Power’s exhibition will also feature simulations to demonstrate the products’ performance under extreme conditions. Visitors will have the opportunity to try the products firsthand and experience their functionality and efficiency.
Looking ahead, Vatrer Power will continue to innovate powerful, long-lasting and affordable LiFePO4 batteries for broader applications and accentuate on its commitment to green energy accessibility, supporting sustainable practices to build a green future for all.
For more information about Vatrer Power’s products and exhibition at CES 2025, please visit https://www.vatrerpower.com/blogs/event/consumer-electronics-show-2025.
About Vatrer Power
Vatrer Power was founded on a commitment to bridge the gap between cost and accessibility and mission of democratizing access to advanced lithium iron phosphate (LiFePO4) technology to make sustainable energy solutions affordable for all. Vatrer Power opened its flagship store in 2020—not just as a business venture but as a pledge to the planet and customers. Today, with a dedicated team of 200, it leads in providing eco-friendly batteries that power everything from consumer electronics to electric vehicles, ensuring energy that is not only reliable but also responsible. Driven by a promise of quality, innovation, and trust from the community, Vatrer Power thrives to create a greener future, not just powering the devices, but powering a better, sustainable life for everyone.
https://www.instagram.com/vatrerpower/
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CONTACT: Zixin Li, global@vatrerpower.com
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SOURCE Vatrer Power Inc.
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