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Sunday, September 24, 2017
How Big is the LMS Market? - Joshua Kim, Inside Higher Ed
I’m trying to figure out the size of the learning management system (LMS) market. The problem with numbers related to educational technology is that you just can’t trust them. Do a Google search for the size of the LMS market and you get some really big numbers, and wide discrepancies in the estimates. A Google search about the global educational technology market yields an estimate that worldwide spending on e-learning will reach $325 billion by 2025. A Business Wire report puts the global higher education technology market at $29 billion. Until I really understand where all these estimates about the edtech and LMS market come from, I plan to be skeptical about any numbers related to the edtech industry.
https://www.insidehighered.com/blogs/technology-and-learning/how-big-lms-market