Press release
Anti-money Laundering Software Market 2019 to Boom USD 1600 Million Value by 2023 | Market Revenue Analysis by Oracle, Thomson Reuters, Fiserv, SAS, SunGard, Experian, Tonbeller, Bankers Toolbox, Nice Actimize
Anti-money Laundering Software Market
Global Anti-money Laundering Software Market Overview:
The Global Anti-money Laundering Software Market size to maintain the average annual growth rate of 10.32% from USD 715 Million in 2014 to USD 960 Million in 2018, market analysts believe that in the next few years, Anti-money Laundering Software market size will be further expanded, we expect that by 2023, The market size of the Anti-money Laundering Software will reach USD 1600 Million.
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The most important factors driving the growth of the Global Anti-money Laundering Software Market are rise in Anti-money Laundering (AML) regulatory requirements, increasing money laundering cases, and growth in IT spending. However, dearth in number of Anti-money Laundering (AML) professionals is anticipated to hamper the anti-money laundering software market growth. On the contrary, emerging artificial intelligence technology in Anti-money Laundering (AML) solutions and increased adoption of cloud-based solutions are expected to provide lucrative opportunities for Anti-money Laundering Software Market expansion during the forecast period.
The Anti-money Laundering (AML) Software refers to a solution, which enables banks and other financial institutions to monitor customer behavior for suspected criminal financial activities through automated processes. It may be simple to comprehend the impact of cash laundering on the initial victims - people who lost funds as a consequence of the predicate crime - but there might be an even deeper, more lasting effect on society as a whole. The first, and most obvious, impact is the escalation in corruption and crime. In many jurisdictions that are havens for successful laundering one often finds lax concerns from the part of government and / or regulators - few predicate crimes, little or no reporting, enforcement, penalties or provisions to confiscate illicit funds, etc. Those conditions can then foster bribery of government and bank officials, lawyers, accountants and others.
In terms of the geographic analysis, Europe governed the overall market in 2017, owing to high adoption of Anti-money Laundering (AML) solutions and enforcement of stringent government regulations to deploy Anti-money Laundering (AML) solutions in financial institutions across the region. However, APAC is expected to witness the highest growth rate during the forecast period, owing to factors such as the rise in bank IT spending and increase in government initiatives toward money laundering.
Purchase this report online with 125 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Anti-money Laundering Software Market 2019” @ https://www.businessindustryreports.com/buy-now/70310/single .
Major Key Players:
1 Oracle
2 Thomson Reuters
3 Fiserv
4 SAS
5 SunGard
6 Experian
7 ACI Worldwide
8 Tonbeller
9 Bankers Toolbox
10 Nice Actimize
11 CS&S
12 Ascent Technology Consulting and More...................
Market segment by Regions/Countries, this report covers:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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This study answers to the below key questions:
1 What will the market size be in 2023 and what will the growth rate be?
2 What are the key market trends?
3 What is driving this market?
4 What are the challenges to market growth?
5 Who are the key vendors in this market space?
6 What are the market opportunities and threats faced by the key vendors?
7 What are the strengths and weaknesses of the key vendors?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Anti-money Laundering Software Market.
Major Points in Table of Contents:
Global Anti-money Laundering Software Market Report 2019
1 Anti-money Laundering Software Product Definition
2 Global Anti-money Laundering Software Market Manufacturer Share and Market Overview
3 Manufacturer Anti-money Laundering Software Business Introduction
4 Global Anti-money Laundering Software Market Segmentation (Region Level)
5 Global Anti-money Laundering Software Market Segmentation (Product Type Level)
6 Global Anti-money Laundering Software Market Segmentation (Industry Level)
7 Global Anti-money Laundering Software Market Segmentation (Channel Level)
8 Anti-money Laundering Software Market Forecast 2019-2023
9 Anti-money Laundering Software Segmentation Product Type
10 Anti-money Laundering Software Segmentation Industry
11 Anti-money Laundering Software Cost of Production Analysis
12 Conclusion
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