The LMS market is expected to be worth over $15.72 billion in 2021 . The highest proportion of revenue contribution is expected to be generated in North America. 41.7% of global Fortune 500 companies now use some form of educational technology to instruct employees during formal learning hours .
Roughly half of all college classes will be e-Learning-based . It is more than obvious that e-Learning has revolutionized and changed the way we look at knowledge and skill acquisition. Thereby, there is an increasing demand for Learning Management Systems to systematically implement and manage e-Learning. With 1000+ LMS vendors and too many Best LMS features to choose from, we can definitely say that Learning Management Systems are here to stay!
In this article, we will help you find, choose, and compare the Top LMS Software in the eLearning Industry. Below you will find LMS highlights, use cases, case studies, and more! That’s all you need to keep into account when you are looking for an LMS. After checking the top list, make sure that you read our LMS selection tips!
Best Learning Management Systems
List of the Best Learning Management Systems LMS in 2021:
Do You know what is the meaning of LMS “Learning Management System”?
Let us take a look at the meaning of each word in the “Learning Management System” in detail.Learning is the core of delivering any educational or training program by an individual.
Management is the stem of the learning program which manages all the schedules for each and every individual. System is nothing but an e-platform to deliver the learning programs.
learning management systems
LMS is designed to help an individual to develop, manage and provide online courses and programs to learn. It provides a platform for the students and instructors to learn and highlight their skills wherever and whenever they want as per their convenience.
LMS is an application that is used to administer, track, and report & deliver the learning programs.
LMS covers almost all the major markets like schools, educational institutions, corporate, medical industry, etc. It becomes handy in identifying the communication gap between the instructor and the learner by checking each individual’s progress on quizzes and assessments.
LMS has changed the learning perspective of every individual across the globe. It has provided a wide scope for the users to choose and learn in whichever field they want to excel, as all the information can now be shared across the globe.
Where Is LMS Used?
You will find one or the other connection of LMS in the respective industry which you are looking for. Any individual who adopts online learning management systems uses a LMS.
LMS Is Used By:
Almost all Corporate and organizations.
All Educational institutions (Schools &Universities).
Many government companies.
Private tuition and institutions.
What Purpose Does LMS Solve?
LMS solves all the major learning issues of each individual as mentioned below.
Employee Training can be found in each and every industry whether it may be software, educational, corporate or government. We need to train the employees as per our needs which LMS can do easily. It automates most of the tasks. Tracks the progress of individuals, due to which, a lot of time and money is saved by the organizations.
In LMS, we can create learning programs, courses, tutorials and post them so that anyone can enhance their skill set with those materials. These come in handy when an employee may leave the company or retire so that the knowledge stays safe.
We can educate the common public by creating awareness programs and tutorials on anything that may be useful.
What Is The Process Of LMS?
Learning Management System is a platform that is open for individuals and professionals to learn and display their skills.
Students can opt for learning programs while professionals can deliver learning courses. It provides the flexibility to its users to learn from anywhere. It shares discussion forums on the public note. The users can learn the topic that they want easily and the cost is very less comparatively.
Benefits Of Learning Management Software
Learning Management System provides all in one platform for learning and upgrading the skill set. It provides tons of online courses, which gives the user an option to choose as per their choice.
It helps in tracking individual development progress.It reduces the learning cost and time of travel and space arrangements.
How Much Money Does The LMS Cost?
Usually, in most of the sites, US$1 to US$10 is charged per student per course.
Advantages Of LMS:
Learning Management System helps to streamline the learning pattern which in turn saves time for the instructors so that they can utilize that time to focus more on each individual’s progress.
Everything becomes digital, hence it saves a lot of money on buying notebooks, copies, etc. It gives the freedom to the user to learn from anywhere and thereby increases mobility.
As things become digital, learning becomes more interesting with the existence of video tutorials, clips, gamification, etc.Easy effective management is possible with Learning Management System and information accessibility becomes quick and accurate.
Best K-12 LMS: Schoology LMS
Schoology has won the CODiE award nine times and is popular among K-12 school districts such as the Palo Alto Unified School District. It is also used by corporate entities and higher education institutions such as Wheaton College.
Applications, systems and content can be integrated and managed automatically, so everything from YouTube and CourseSmart to Google Drive and Pearson MyLab can be seamlessly integrated into Schoology’s resources.
The mobile app is also a favorite with college students, making all features accessible from a tablet or smartphone. Basic packages are free and your organization can sign up for a free demo on the Schoology website.
Schoology is well known for its assessment tools, compiled on a platform called AMP, or Assessment Management Platform. The AMP allows educators and administrators to coordinate assessments and the curriculum to track results across the school district and assess student progress against agreed learning goals.
Instructors can import question banks from other programs or create them within Schoology, and multimedia assessment tools allow you to assess students on various forms of learning. Data analysis is compiled in real-time in easy-to-read visual formats so that parents, teachers, schools and districts can quickly see relevant information.