Learning management systems have a lot to offer, and have surged even more in popularity since the COVID-19 pandemic began. Here are some interesting stats related to LMS use that prove this point:
In 2019, the global LMS market was valued at $8.76 billion. Since then, it is expected to grow to a value of $38.10 billion by 2027!
Mobile learning, specifically, is expected to reach a market size of $80.1 billion by 2027.
66% of learning & development professionals have experienced substantial growth within their role since the beginning of the COVID-19 pandemic.
90% of students prefer e-learning content instead of classroom learning.
75% of employees prefer video-based training instead of reading text-heavy training information.
82% of learning and development professionals say reporting analytics is the most important aspect of using an LMS.