August 8, 2023
The Global learning management system market was worth around 14.9 billion US Dollars in 2021, and is estimated to grow to about 43.6 billion US Dollars by 2028, with a compound annual growth rate of approximately 18.4 percent over the forecast period. The market growth of LMS is mainly attributed to the growing adoption of the e-learning in different business industries particularly on the financial sector with regulatory learning requirements like Anti Money Laundering and Know Your Client for instance. Relatively, the growing initiatives for the improvisation of digitalization is further impacting on the growth of the market.
Pieter Ris talks about the approach taken at i-KYC in this podcast on https://fincircle.wordpress.com/2022/07/02/digital-learning-innovation-for-aml-kyc/