wilmington, Delaware, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Philippines Learning Management Systems Market is valued at US$ 88 million in 2022 and is expected to grow at a significant CAGR of over 6.2% over the forecast period of 2023-2030, according to the latest market report by RationalStat
Market Definition, Market Scope, and Report Overview
Technological advancements have resulted in more user-friendly and feature-rich LMS platforms. This has made it easier for schools, institutions, and corporations to embrace and successfully utilize these tools. The global expansion of the educational technology (EdTech) business has also had an impact on the Philippines market. LMS is an important part of this industry's services.
The Philippines government and educational institutions have been pushing e-learning projects in order to increase access to high-quality education, particularly in remote and underprivileged areas. LMS platforms are critical to making this vision a reality.
- According to a deep-dive market assessment by RationalStat, the Philippines learning management systems market has been analyzed on the basis of market segments, including type, application, and geography/regions (incl. Luzon, Visayas, Mindanao). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
- Market intelligence for the Philippines learning management systems market covers market sizes on the basis of market value (US$/EUR Million) and volume (Units/Tons) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
- In addition, the long-term sector and products/services 10-year outlook and its implications on the Philippines Learning Management Systems market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
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Philippines Learning Management Systems Market: Segmental and Market Share Analysis
- On the basis of application, Due to the increased requirement for effective learning tools for teaching students, the academic segment is likely to account for a significant market share throughout the forecast period.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 88 million |
| Market Size Forecast | US$ 142 million |
| Growth Rate | 6.2% |
| Key Market Drivers |
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| Companies Profiled |
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Competition Analysis and Market Structure
These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the Philippines learning management systems market include,
- In November 2022, D2L Corporation launched the D2L Brightspace Creator Plus package, which enables users to create engaging digital course content by merging workflows into Brightspace, saving course developers time, effort, and money.
Some of the prominent players and suppliers operating and contributing significantly to the Philippines learning management systems market growth include Quipper, DIWA, MOODLE, Topica Edtech Group, Cypher Learning, SPI Global, Yapster, Blackboard among others.
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RationalStat has segmented the Philippines learning management systems market based on type, application, and region
- Philippines Learning Management Systems Market Value (US$ Million), Volume (Units/Tons), and Market Share (2019-2030) Analysis by Type
- Distance Learning
- Instructure Led Training
- Blended Learning
- Philippines Learning Management Systems Market Value (US$ Million), Volume (Units/Tons), and Market Share (2019-2030) Analysis by Application
- Academic
- Corporate
- Philippines Learning Management Systems Market Value (US$ Million), Volume (Units/Tons), and Market Share (2019-2030) Analysis by Region
- Philippines Learning Management Systems Market
- Luzon
- Visayas
- Mindanao
- Philippines Learning Management Systems Market
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Key Questions Answered in the Philippines Learning Management Systems Report:
- What will be the market value of the Philippines learning management systems market by 2030?
- What is the market size of the Philippines learning management systems market?
- What are the market drivers of the Philippines learning management systems market?
- What are the key trends in the Philippines learning management systems market?
- Which is the leading region in the Philippines learning management systems market?
- What are the major companies operating in the Philippines learning management systems market?
- What are the market shares by key segments in the Philippines learning management systems market?
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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About RationalStat LLC
RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client’s needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.
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