LMS UPDATE: Here are the latest numbers on the learning management systems (LMS) market, provided courtesy of George Kroner. The data looks at LMS usage across higher-ed institutions with more than 700 full-time enrolled students, as listed in the US Department of Education’s IPEDS database.
Blackboard Learn appears to be reversing its slide, gaining customers and returning to its 2013 levels. The company remains ahead of the pack with 1167 higher-ed institutions serving over 7.7 million students. Moodle comes second with 678 schools and more than 2.8 million students. Quickly closing in is Instructure, which now claims 502 clients and over 3.6 million students. “Canvas continues to experience significant uptake at a pace of around two new higher education institutions per week on average,” writes Kroner.
These usage numbers could influence big dollars: Instructure recently filed to raise as much as $75 million in an initial public offering. Blackboard's private equity owners have been looking to sell the company for upwards of $3 billion.
Using this data, Phil Hill, blogger at e-Literate, updated his graph of how competing LMS providers stack up when it comes to capturing the market.