The European Learning Management System or LMS’s market growth is mostly attributed to the growing adoption of e-learning in training the employees. LMS software applications are designed to develop, manage, and track the report of educational courses and training programs.
According to a report, the market for Europe LMS is expected to reach $714.26M (approx €602.9M) by 2025, growing at a CAGR of 17.07% from 2020 to 2025. LMS is segmented into collaborative learning, content management, talent management, performance management, assessment, testing, and others.