Transaction Monitoring Market to Reach US$ 16.8 Billion by 2023 | NICE, Oracle, FICO , BAE Systems, Fiserv, SAS, Experian, FIS, ACI Worldwide, Refinitiv, Software AG and Others

Reportsnreports always aims at offering their clients an in-depth analysis and the best research material of the various market. This new report on the global Transaction Monitoring Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team. Transaction Monitoring Market spread across 152 Pages, Profiling 20 Companies and Supported with 76 Tables and 40 Figures is now available in this Research report.

Transaction Monitoring Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2023. It aims at estimating the market size and the growth potential of this market across different segments, such as industry, application, solution, type, and region.

The Transaction Monitoring Market size is expected to grow from US$ 8.3 Billion in 2018 to US$ 16.8 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 15.1% during the forecast period. Download Here Free Sample Research Copy of Transaction Monitoring Market at https://www.reportsnreports.com/contacts/requestsample.aspx?name=2042599 .

“The Services segment to grow at a higher CAGR during the forecast period”
The Transaction Monitoring Market by service includes consulting, integration, training and education, and support and maintenance. These services help clients understand their solutions and related processes. The solution segment is expected to hold a larger market size during the forecast period.

“Increasing strict AML regulatory compliances and adoption of proactive security approach by SMEs to drive the growth of the SMEs segment during the forecast period”
The SMEs segment is expected to grow at a higher CAGR, owing to the rising deployment of the transaction monitoring solution by SMEs to proactively monitor the suspicious transaction and comply with various strict government regulations. SMEs are small in terms of their size, but cater to a large number of customers globally. The robust and comprehensive transaction monitoring solution is not implemented in SMEs, due to financial constraints in these organizations.

“APAC to have the highest CAGR during the forecast period”
Asia Pacific (APAC) includes major economies, such as India, China, Australia, Hong Kong, and Japan, which are the biggest hub for various big banks that are rapidly deploying the transaction monitoring solution. APAC is expected to grow at the highest CAGR during the forecast period. The APAC transaction monitoring market is gaining traction as it provides proactive security measures for securing the customer accounts and financial transactions.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1: 35%, Tier 2: 45%, and Tier 3: 20%
• By Designation: C-Level: 35%, Director Level: 25%, and Others: 40%
• By Region: North America: 45%, Europe: 20%,APAC: 30%, and Others: 5%

Reason to Access this report:
Transaction Monitoring Market report would help the market leaders/new entrants in this market with information about the closest approximations of the revenue numbers for the overall transaction monitoring market and its sub segments. It would help stakeholders understand the competitive landscape and gain more insights to better their positions and plan suitable go-to-market strategies.

Most Popular Companies in the Transaction Monitoring Market include are NICE (Israel), Oracle (US), FICO (US), BAE Systems (UK), Fiserv (US), SAS (US), Experian (Ireland), FIS (US), ACI Worldwide (US), Refinitiv (UK), Software AG (Germany), ComplyAdvantage (US), Infrasoft Technologies (India), ACTICO (Germany), Compliance Wise (Netherlands), EastNets (UAE), Bottomline (US), Beam Solutions (US), Identity Mind (US), and CaseWare (Canada).

Report Highlights:
• To analyze market opportunities for stakeholders by identifying the high-growth segments of the market

• To forecast the market size of the segments with respect to the 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America

• To define, describe, and forecast the transaction monitoring market by component (solution and services), application area, function, deployment mode, organization size, vertical, and region

• To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market

• To analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the overall market

• To profile the key players in the market and comprehensively analyze their market size and core competencies

• To track and analyze competitive developments, such as new product launches; mergers and acquisitions; and partnerships, agreements, and collaborations, in the global market

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