With the Fourth Industrial Revolution in full swing, integrating technology into learning and professional development has become necessary. As industries embrace advanced automation, artificial intelligence, and digitalization, and education evolves to equip students with the skills in a rapidly changing world, the use, and evolution of elearning methods has become indispensable. Such is observed with the emergence of a hosted learning management system (LMS), which is used by many.
In fact, recent data reveals that by 2026, the total estimated value of the elearning market, including the learning management system industry, will be around $372 billion (Statista, 2020a). This is partly due to the fact that corporate or enterprise LMS was seen as an effective avenue for implementing training and development (L&D) during the peak of COVID-19. Moreover, these platforms have transformed the way learning is facilitated, allowing for the efficient management of courses, seamless content delivery, and enhanced learner engagement.
In this guide, our team will discuss the top statistics and trends in the learning management system market and provide a list of the best 20 learning management products that schools, universities, and various companies can use to thrive in Industry and Education 4.0.
Digital transformation and the rapid advancement of technology have reshaped the education and training landscape, requiring skills to adapt to digital learning environments. Therefore, by examining relevant data on the learning management system industry, online education, and employee training, stakeholders can gain insights into how these platforms can help bridge the digital skills gap.
Source: Fortune Business Insights, 2023
Diving deeper into these data provides better insights into the potential for growth and benefits of using a learning management product. For instance, the pandemic helped reinforce what is LMS for teachers, and the demand for these platforms, as well as student collaboration, productivity, and referencing apps, skyrocketed. Educators worldwide recognized the value and necessity of facilitating blended and personalized learning schedules, creating assessment analyses with ease, and encouraging online collaboration.
Source: HolonIQ, 2021
Despite low cuts in ed-tech, there is hope that a greater proportion of budgets will be allocated to its improvements, such as investing in a learning management system, to meet the growing demand. Moreover, the importance of learning management system features, such as providing accessible and engaging learning experiences, to enhance employee satisfaction underscores the potential and benefits of an enterprise learning platform in corporate training and retention.
LMS systems have undergone significant transformations to meet the evolving needs of learners, educators, and organization heads, and this is not only applicable in the academic setting but even in corporate training with the best LMS for small business and big corporations alike. Therefore, to better prepare them and guide their decisions, our team rounds up a few significant trends that push the boundaries of LMS even further.
Source: Statista, 2022
By embracing these trends, educational institutions and corporate organizations can create engaging and innovative learning experiences that cater to the diverse needs of learners in the digital age. However, these may also pose a few downsides, such as added cost, specific technical requirements, security and privacy issues, internet accessibility, and adapting to the learning curve of using these still-developing features. Therefore, educators, company heads, and other executives must conduct thorough research and weigh carefully the pros and cons as they decide on which learning management system to acquire among the available options, including cloud LMS solutions.
In this section, we provide the 20 best learning management system examples to guide educators, trainers, learners, and organization chiefs in choosing the best software that suits their needs. Our team of review experts gathered the latest data from credible sources and looked into the apps’ features, reliability, pricing, and other relevant information to complete this roster.
Talent LMS caters to a variety of industries, including manufacturing, healthcare, nonprofits, aviation, and real estate. It gets learners started right away by adding users in bulk and auto-syncing other accounts. It also empowers users to track their own progress through individualized learning paths and guides. Moreover, this enterprise learning management system helps standardize course information regardless of the number of users. Finally, Talent LMS also seamlessly integrates with third-party apps for quicker video conferencing or payroll processing.
Talent LMS Key Features:
The vendor’s pricing plan starts at $6 to $459 per month, billed annually.
Established in 2016, Coassemble enables users to tailor their platforms by adding a personalized domain name, automating custom emails, and configuring branded workspaces. It saves time creating assessments and other forms through a roster of templates and empowers users to create their own. Coassemble also aids corporate training departments to smoothly transition processes online. Moreover, it also generates training reports to help target skills development. Lastly, it adds gamified content for improved engagement and fun interaction on any device.
Coassemble Key Features:
The vendor offers plans for as low as $50 per month and as high as $625 per month, billed yearly.
LearnUpon LMS offers personalized learning management system training to employees, customers, partners, members, and extended enterprises through its user-first learning portals. It makes editing content easier through a centralized hub that applies instant changes across enrolled platforms on the go. Apart from that, it also helps administrators with free-range permission controls and formality options. It also provides an overview of reports right at the dashboard or generates detailed ones using its export-ready data. Finally, LearnUpon LMS also offers opportunities to automate to eliminate manual tasks, speed up laborious processes, and seamlessly organize users and data.
LearnUpon LMS Key Features:
Tovuti LMS caters to various industries, including higher education, human resources, software, and consulting services. It also helps learners and users access courses and information anywhere on any device with its mobile responsive capabilities. Users can take advantage of automation through cohort-enabled actions and scheduled reminders and notifications. Apart from that, it also has a roster of different assessment types, social interactions, and gamification options to encourage engagement. Finally, Tovuti LMS also hosts online classrooms to easily manage meetings and learning sessions wherever learners are.
Tovuti LMS Key Features:
Catering to K12 to higher education, government agencies, and corporate organizations, D2L Brightspace is a learning management system that provides easy-to-use tools to engage learners. It offers content templates with interactive features and built-in training modules, like curricula-based resources, to get users ready. With the use of customized preferences and intuitive learning, administrators get to highlight their brands while students receive personalized learning guides. They also provide mobile-first interfaces for easier navigation. Lastly, D2L Brightspace enables unlimited data uploads and content authoring to help users tailor their libraries according to their needs.
D2L Brightspace Key Features:
360Learning helps employees manage their training experiences with limitless authoring tool capabilities and built-in content. It streamlines workflow processes and eliminates repetitive tasks through automated user controls and dynamic permission settings. In addition, it utilizes company talents by assigning trainers from within the group. Not only does it show the latest progress reports on the dashboard, but it also provides access to customizable controls that help users tailor content to their needs. 360Learning also fosters communication through timely training feedback and survey for better performance.
360 Learning Key Features:
360Learning offers a Team plan for as low as $8 per user per month and a Business plan by quote.
Formerly Adobe Captivate Prime, Adobe Learning Manager provides employee, compliance, sales, and store training. This learning management system makes use of AI and ML to tailor courses and learning pages according to the needs of the company. With its content marketplace, users can opt to purchase existing programs like Adobe Creative Cloud and other training and leadership modules. Besides that, it creates a community of learners through discussion boards and social learning threads. Lastly, Adobe Learning Manager also creates timely and insightful reports gathered through learner feedback.
Adobe Learning Manager Key Features:
Absorb LMS helps trainers through its extensive training platform that enables customization controls to highlight the company brand. With its discussion boards and threads, it encourages social learning and peer recommendations. Its libraries support various types of media and documents and adapt to learner preferences and types. Absorb LMS also empowers administrators to share their knowledge through course selling. Lastly, reporting and progress tracking will not be an issue since it instantly generates extensive data on learner activity, session approvals, or department competencies which help in forming better content.
Absorb LMS Key Features:
Docebo’s learning management system best suits software providers, financial services, manufacturing, and healthcare industries. Its social learning features help communities get to know one another and share tips, resources, and knowledge. It also utilizes gamification strategies to make learning fun, creative, and interactive. Apart from that, it ensures that all learning content is controlled in one centralized location and that managing several domains will roll out smoothly. Lastly, it provides personalized training paths to help learners pass each course with flying colors.
Docebo Key Features:
iSpring Learn helps the education, retail, automotive, healthcare, and similar industries to conduct learning and training. It enables trainers to upload and create course content in different formats to engage in interactive learning. Scheduling assignments and deadlines will be a breeze since it uses automated assistance and eliminates simple tasks. Apart from that, it also empowers learners to communicate with trainers and enables educators to give performance appraisals efficiently with its comprehensive surveys and learner portals. Finally, iSpring Learn also highlights brands with customization settings like white labeling and dashboard configuration.
iSpring Learn Key Features:
iSpring Learn offers LMS plans starting at $2 to $2.99 per user per month, billed annually, and all-in-one platform plans by quote.
Canvas LMS helps K12, higher, and corporate educators make meaningful changes in students’ lives by creating a platform with all their needs in one integrated hub. It helps students accomplish academic milestones with personalized and intuitive learning guides. In addition, educators get to create competency-based course plans and actions. Canvas LMS also helps students showcase their best work with a featured online portfolio. In addition, it guides educators throughout their professional development by providing courses and information on best practices, district-approved plans, and leadership strategies.
Canvas LMS Key Features:
Canvas provides free basic services for teachers and students and offers extensive plans by quote.
LearnWorlds is a one-stop-shop learning management system that enables users to create and customize assessments according to their needs and learning competencies. It also hosts live meetings and lets users create surveys that improve course offerings and services. With its white labeling tools, clients get to highlight their brands and personalize the look of their platforms. In addition, advanced grade books help learners and educators alike to analyze performance and compute grades. Finally, LearnWorlds also enables administrators to sell their courses through seamless transactions.
LearnWorlds Key Features:
The vendor offers three plans starting at $24 to $249 per month and a corporate plan by quote.
Addressing the needs of the academe, businesses, and entrepreneurs, Cypher Learning combines high-performance strategies to deliver the best learning management system. It offers four class styles and authoring tools to help educators create the content they need to help learners grow. It uses a competency-based approach to build courses and other tools that target the development of learners. With its automated services, users and learners alike experience streamlined workflows. Cypher Learning also has a user-friendly interface and adopts microlearning to help learners of all types study at their own pace.
Cypher Learning Key Features:
Graphy is an all-in-one platform that enables users to not only create courses and assessments but also host live video sessions and sell package courses. It enables educators to upload various types of files and set the pace of delivery. In addition, Graphy also helps learners participate in discussions through poll interactions, messaging, and public forums. Apart from that, it helps trainers to build assessment libraries for different types of tests and assignments. Lastly, it awards certificates to students after course completion to encourage motivation and further learning.
Graphy Key Features:
With its universal teacher-led instruction, Schoology caters to various sectors of education, as well as the IT, HR, and financial industries. It makes use of customized data-driven content to help each learner thrive in virtual classrooms. Apart from that, it provides a hub of approved content for teachers and administrators to use in classrooms and various settings. It also ensures that teachers develop their skills through platform training. Finally, Schoology offers various ways to track student progress and monitor academic performance.
Schoology Key Features:
An open-source learning management system, Moodle LMS offers its services to K12 and higher education, vocational training, and workplace learning departments. Focusing on a competency-based approach, Moodle helps educators either upload or create new frameworks and courses for their students. It also encourages collaborative and social learning through forums, peer reviews, and blogs. To deter learners from distractions, it enables collapsible blocks, promotes microlearning, and reduces visible content. Apart from that, it also empowers users to host their own massive open online courses (MOOC) via its app.
Moodle LMS Key Features:
Moodle LMS offers five plans, ranging from $110 to $1,600 per year.
Learning Pool focuses on onboarding, compliance training, and upskilling services and offers these to professionals in various industries. It helps ensure the use of training and onboarding best practices. To facilitate motivation and engagement, it employs gamification and social learning strategies. Apart from that, it creates personalized education pathways and recommends new content to improve learning. It also helps users and administrators to customize the look and functionality based on their needs. Lastly, Learning Pool also takes appraisals and feedback seriously with surveys and forms that target competency development.
Learning Pool Key Features:
BrainCert offers a wide range of features and solutions to address the needs of different industries, including healthcare, educational institutions, telecommunication, and aviation. It uses drag-and-drop controls, customizable templates, and other tools to engage interactions and enhance user experience. Moreover, it guides learners through prerequisite and planned course paths. BrainCert also offers various test types and enables online proctoring. Lastly, it organizes content in one centralized location and supports different file types.
BrainCert Key Features:
The vendor offers a range of plans, starting at $39 to $239 per month.
ProProfs Training Maker is a learning management system that provides a plethora of training and learning services to the construction, manufacturing, healthcare, government, and service industries. It helps educators and mentors fill online classrooms through easy and automated enrollment controls. With its guided learning path, trainees can easily monitor their own progress. ProProfs Training Maker also enhances experiences through brain games, knowledge bases, and discussion boards. It also features various time-saving controls like self-service, bulk actions, and self-enrollment.
ProProfs Training Maker Key Features:
ProProfs Training Maker provides a business plan that starts at $99 to $195 per month and an enterprise plan by quote.
GoSkills LMS is an intuitive learning management system that offers a diverse range of training courses to organizations of all scales. The software grants learners access to a library of CPD-accredited courses and enables organizations to prepare their own courses through an AI-powered authoring assistant called Genie and a dedicated course builder. Custom courses, certifications, and resources can be tailored to suit an organization's unique needs and provide training for various teams across all departments. Gamification capabilities also keep learners engaged and provide personalized rewards. The platform also allows learners to study from nearly anywhere through its remote learning features. In addition, GoSkills LMS's analytics engine allows administrators to measure their team's success and act on areas for improvement.
GoSkills LMS Key Features:
Pricing starts at $47 per month, billed annually.
In this guide, we provided a list of the 20 best learning management system platforms. We included key data and trends to guide educators, trainers, learners, and company heads in organizing their courses, training, and development.
Industry 4.0 and Education 4.0 continue to shape 21st-century learning and training. With the use of versatile software like learning management system products, educational institutions and organizations from various sectors can easily navigate the digital frontier and bridge the skills gap by maximizing the use of LMS capabilities.
Moreover, embracing these technologies and harnessing their full potential will contribute to equipping learners and professionals with the necessary skills and competencies to thrive in the fast-paced, digital-driven future.