The newly released research from Emergen Research, named "Global Anti-Money Laundering Software Market," provides a comprehensive overview of the global Anti-Money Laundering Software industry with a strong emphasis on the market's anticipated size, share, value, and volume over the foreseeable future. The research analyses the leading market trends and sheds light on the present business sector economic environment. It was put together after extensive primary research, which included surveys, interviews, and observations by professional analysts. It includes deep qualitative and quantitative analyses of the Anti-Money Laundering Software industry, collecting data from the value chain analysis that has been independently confirmed by the industry. The paper also looks at the market's current trends as well as macro- and microeconomic data.
The global Anti-Money Laundering (AML) software market size reached USD 1.63 Billion in 2021 and is expected to register a revenue CAGR of 15.1% during the forecast period, according to latest analysis by Emergen Research. Increasing number of money laundering cases and rapid growth of Information Technology (IT) industry are projected to support market revenue growth between 2022 and 2030. In addition, increasing need to authenticate users' identity through Know Your Customer (KYC) technology will drive revenue growth. Know your customer is the process of verifying a customer's identity. The objective of KYC is to prevent criminal elements from using bank accounts for Anti-money laundering purposes. Identity fraud is a serious issue in the banking sector. A better identity management method is required to alleviate this problem. KYC is the best solution to the identity fraud issue. It will reduce the risks by ensuring suspicious elements do not participate in legitimate financial institutions, which will prevent financial crimes such as money laundering and corruption. As a result, adoption of KYC technology will minimize money laundering risks. KYC technology reports any suspicious activity to the regulators.
The report delivers a deep understanding of the key aspects of the Anti-Money Laundering Software market, for instance, import and export dynamics, production and consumption rates, and consumer bases across the major market regions. Thus, the report concludes with the essential market statistics presented in a tabular format to help readers get a clear idea of the global market dynamics.This report is the latest document discussing the current economic situation gravely impacted by the COVID-19 outbreak in detail. The global health emergency has led to massive changes in the global economy and the Anti-Money Laundering Software business sphere. The current scenario of this ever-evolving business vertical has been clearly depicted in the report, which contains a broad analysis of the pandemic’s present and future effects.
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Our sample copy includes a brief analysis of the Anti-Money Laundering Software market, the List of Tables and Figures, the market’s competitive scenario and geographical segmentation, and product innovation and future developments based on a sought-after research methodology. Therefore, it serves as a comprehensive framework of the global Anti-Money Laundering Software market dynamics and comprises a critical study of consumers’ journeys, the current and emerging market avenues, and strategic initiatives undertaken by companies to enable readers to gain meaningful insights into the market.
What Questions Should You Ask before Buying a Market Research Report?
How is the Anti-Money Laundering Software market evolving?
What is driving and restraining the Anti-Money Laundering Software market?
How will each Anti-Money Laundering Software submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2030?
How will the market shares for each Anti-Money Laundering Software submarket develop from 2022 to 2030?
What will be the main driver for the overall market from 2022 to 2030?
Will leading Anti-Money Laundering Software markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?
Who are the leading players and what are their prospects over the forecast period?
What are the Anti-Money Laundering Software projects for these leading companies?
How will the industry evolve during the period between 2020 and 2030? What are the implications of Anti-Money Laundering Software projects taking place now and over the next 10 years?
Is there a greater need for product commercialisation to further scale the Anti-Money Laundering Software market?
Where is the Anti-Money Laundering Software market heading and how can you ensure you are at the forefront of the market?
What are the best investment options for new product and service lines?
What are the key prospects for moving companies into a new growth path and C-suite?
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Regional Outlook:
The report offers a comprehensive analysis of the current growth opportunities for various regions of the Anti-Money Laundering Software market. It gauges the revenue shares of these regions over the forecast timeline. Furthermore, the report analyzes the year-on-year growth rate of these regions over the forecast duration. The leading geographic regions encompassed in the report include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Outlook:
The latest research report is inclusive of a precise summary of the intensely competitive landscape of the global Anti-Money Laundering Software market. It offers a systematic presentation of the company profiles of the leading market players. This section of the report analyzes the effective initiatives undertaken by these players for business expansion in the long run. In addition, this section highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have been assessed using certain effective analytical tools, such as Porter’s Five Forces analysis and SWOT analysis.
Leading companies operating across the global Anti-Money Laundering Software market:
Oracle Corporation, BAE Systems PLC, Tata Consultancy Services Limited (Tata Sons Private Limited), Fiserv, Inc., Fidelity National Information Services, Inc., Experian PLC, SAS Institute, Inc., ACI Worldwide, Inc., CaseWare International, Inc., and AML Partners LLC
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Segments Covered in this report are:
-
Component Outlook (Revenue, USD Billion; 2019–2030)
- Software
- Services
-
Deployment Type Outlook (Revenue, USD Billion; 2019–2030)
- On-premise
- On-cloud
-
Application Outlook (Revenue, USD Billion; 2019–2030)
- Transaction Monitoring
- Currency Transaction Reporting
- Customer Identity Management
- Compliance Management
- Others
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
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About Emergen Research
Emergen Research is a Marketresearch and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Marketintelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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