For the past 2+ years we have noted that the academic LMS market was slowing down in terms of the number of New Implementations across the global regions we cover (currently North America, Europe, Middle East, Latin America, and Oceania). As described at e-Literate in January 2019:

In one of our premium versions of the LMS Market Analysis services, targeted primarily at the investment community, we have noted since early summer (starting in June 2018) that the global LMS market appears to be slowing down for higher ed. Given our public market analysis role and given the trend now lasting more than half a year, this news seems more than just a note for investors.

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