The global e – learning market is projected to grow at 7.2% over the next decade, reaching approximately $325 billion by 2025. The eLearning market in Australia is significantly supported by government agencies, making it a vital player in this global expansion. The Australian Skills Quality Authority (ASQA) regulates the vocational education and training (VET) sector to ensure training meets industry needs. With around 5,000 Registered Training Organizations (RTOs), ASQA plays a crucial role in the eLearning ecosystem.
Many organizations also support eLearning in Australia, representing over 50,000 educational professionals and organizations. Several attributes make Australia an ideal market for corporate learning management systems (LMS) solutions:
- Geographical Dispersion: Australia’s vast distances make eLearning a practical solution for cost-effective training.
- Positive Regulatory Framework: The Australian government encourages a highly trained, flexible workforce, ensuring industries can increase productivity and foster innovation.
- Mobile Device Penetration: With smartphone penetration forecasted to reach 74.44% in 2022, mobile learning is increasingly accessible.
- Key Industries: Sectors like finance, mining, construction, engineering, and healthcare require compliance training, further driving the demand for LMS solutions.
LMS Market in Australia
The LMS Australia market has a lot of potential and now MapleLMS has also recognized it. The high cost of traditional LMS deployment and the unsuitability of open-source solutions for corporate needs highlighted the need for a modern, cloud-based LMS like MapleLMS that is quick to set up, user-friendly, and supported locally.
Traditional LMS Solutions
The traditional learning management system mark often suffer from being clunky, complicated, and slow to implement. According to a report by Brandon Hall, nearly 50% of respondents were looking to change their LMS due to issues like poor usability, lack of mobile features, and hidden costs. While traditional LMSs can be suitable for highly customized needs, they require substantial budgets and technical resources.
Cloud-Based LMS Solutions
Cloud-based LMSs offer immediate availability and can be set up in hours or days. These systems are continually updated, ensuring constant improvement. Being web-based, they offer flexibility for learners and administrators alike, accessible from any device with an internet connection. Cloud LMSs are generally more affordable than traditional or custom solutions, with tiered pricing plans that scale with business growth.
Questions to Determine the Best LMS in Australia
The following criteria must be taken into account when choosing the best LMS in Australia:
- Does the LMS meet all feature requirements?
- Is the user interface modern and user-friendly?
- How robust is customer support?
- Is the LMS secure, reliable, and scalable?
For Australian organizations, additional considerations include access to local customer support and a vendor’s understanding of the Australian market. MapleLMS, with its 24/7 support around the world, ensures timely assistance and a deep understanding of the eLearning landscape.
Popular LMS Features in Australia
Key features valued by our Australian customers include:
- Webinars: Cost-effective live learning solutions.
- Re-certification: Automated training renewal and reporting.
- External Training & Assignments: Capturing data on all training activities.
- Adequate Reporting: Vital for regulatory standards and compliance.
Final Remarks
MapleLMS’s commitment to creating the best LMS solutions, now for Australia as well is evident in our dedication to understanding the market, providing unparalleled support, and continuously improving our LMS platform to meet the needs of Australian enterprises. Connect with our industry experts to learn how MapleLMS can support your elearning in your Australian organization.