By Cait Etherington, eLearning Inside
A new study suggests that the corporate LMS market will grow from USD 2.06 billion in 2018 to USD 7.12 billion by 2023, at a compound annual growth rate of 28.2% over the five year period in question. Factors driving the increase include the ongoing innovation in eLearning tools, increasing mobility of these tools, and growing demand for continuous learning. The study was released by Research and Markets earlier this week and is based on interviews with chief executive officers (CEOs), marketing directors, innovation and technology directors, and executives from a wide range of key organizations in the corporate LMS market.
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