Anti-money Laundering Market

Anti-money Laundering Market Size, Share, Growth Analysis, By Component(Software, Services), By Product Type(Compliance Management, Currency Transaction Reporting, Customer Identity Management, Transaction Monitoring), By Deployment(Cloud, On-premise), By End-use(BFSI, Government, Healthcare, IT & Telecom), By Regional(North America, Asia Pacific, Latin America) - Industry Forecast 2025-2032


Report ID: UCMIG45D2040 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Anti-money Laundering Market Insights

Market Overview:

The global anti-money laundering market was valued at USD 1.03 billion in 2020 and is predicted to grow at a compound annual growth rate (CAGR) of 15.6% from 2021 to 2028. The market growth is attributed to the increasing occurrences of money laundering activities worldwide. Companies use anti-money laundering software to detect and prevent suspicious transactions and adhere to government regulations. The software collects data from various financial transaction management solutions such as accounting software and ERP systems to identify money laundering activities. Compliance professionals also use the software to follow corporate policies and prevent money laundering-related crimes.

Anti-money Laundering Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Internet Services & Infrastructure by segment aggregation, the contribution of the Internet Services & Infrastructure in Software & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Anti-money Laundering was estimated to be valued at US$ XX Mn in 2021.

The Anti-money Laundering Market is estimated to grow at a CAGR of XX% by 2028.

The Anti-money Laundering Market is segmented on the basis of Component, Product Type, Deployment, End-use, Regional.

Based on region, the Anti-money Laundering Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Anti-money Laundering Market are NICE Actimize, Tata Consultancy Services Limited, Trulioo, Cognizant Technology Solutions Corporation, ACI Worldwide, Inc., SAS Institute Inc., Fiserv, Inc., Oracle Corporation, BAE Systems, Accenture.

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Anti-money Laundering Market

Report ID: UCMIG45D2040

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