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BIS Research Study Highlights the Global Anti-Money Laundering Software Market Value to Reach $4.10 Billion by 2025

10-22-2020 02:50 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: BIS Research

BIS Research Study Highlights the Global Anti-Money Laundering

The global anti-money laundering software market value is projected to reach $4.10 billion by 2025, reveals the premium market intelligence study by BIS Research. The study also highlights that the market value is set to witness a CAGR of 14.12% between 2020 and 2025.

The comprehensive study of the global anti-money laundering (AML) software market extensively covers the following:

• Market share analysis of major companies
• Detailed global and regional market share analysis including the scrutiny of more than 15 countries
• Detailed cross-sectional market analysis for deployment modes in different software types
• Detailed sections focused on different types of deployment mode, software type, and end user
• Company profiling for more than 16 companies

The detailed study is a compilation of 57 Market Data Tables and 124 Figures spread through 255 Pages and in-depth TOC on Global Anti-Money Laundering Software Market - Analysis and Forecast, 2020-2025

Besides these parameters, the study also encompasses market growth drivers, opportunities, market restraining factors, competition mapping, segmental analysis, and a visual dashboard of 500+ products.

BIS Research study indicates that the rise in the volume of wired transactions, the increased need for automated transaction monitoring systems, the high adoption of cloud services by the financial sector, the implementation of network analytics to streamline fraud detection operations, and the compliance requirement with international regulatory bodies are fueling the growth of the market.

The study highlights various emerging opportunities, such as the adoption of artificial intelligence and machine learning in AML, role of cryptocurrency in the AML software market, adoption of AML solutions in emerging economies, and robotic process automation in AML and know your customer (KYC).

View the Report from BIS Research at https://bisresearch.com/industry-report/global-anti-money-laundering-software-market.html

To gain a holistic view of the market, data from different segments of the market has been analyzed minutely. These segments include software type, deployment mode, end user, and region. Each of these segments is further categorized into micro-segments to compile an in-depth study.

The software type analysis of the global market includes data analysis of micro-segments such as transaction monitoring software, currency transaction reporting software, customer identity management software, and compliance management software.

Shipra Jain, Senior Research Analyst – BIS Research, states, "There is an increase in the market penetration of counter-terrorism financing and anti-money laundering regulations in the financial services industry, driving organizations to reinvent their compliance processes in order to act in accordance with the regulations and circumvent the possibility of fines and sanctions. Also, with the wide-ranging scope of requirements for the regulations, it is essential that the compliance officers have a thorough understanding of the industry’s best practices and obligations.”

Request for a Sample: https://bisresearch.com/requestsample?id=995&type=download

Key insights are drawn from in-depth interviews with the key opinion leaders of more than 20 leading companies, market participants, and vendors. The key players profiled in the report include 3MACI Worldwide, BAE Systems, Experian PLC, Fiserv, Inc., FICO, NICE Actimize, Oracle Corporation, Targens GmbH, Accuity Inc, Lexis Nexis, Temenos, Global Radar, Infrasoft Technologies Ltd., Safe Banking Systems, SAS Institute Inc, and CaseWare RCM Inc, among others.

The study also offers strategic recommendations that can help organizations in tracking various products, trends, and technologies that are changing the dynamics of the market. The recommendations by BIS Research also offer bespoke research services to help organizations meet their objectives.

Who should buy this report?

• Anti-money laundering software developers and solution providers
• End users of AML including insurance companies, banks, and financial sectors of healthcare, retail, defense, IT and telecommunications, energy and utilities to detect and track fraudulent activities
• Advisory companies to understand the potential of the AML software industry
• Emerging startups that are exploring lucrative opportunities for entering the market
• Private investors who are interested in understanding the business of companies entering the anti-money laundering software market
How can the market intelligence report on anti-money laundering software add value to an organization’s decision-making process?
• Aids in product development
• Helps in targeting a segment for launching a new product
• Offers go-to-market strategies for different source types
• Supports in diversifying the product portfolio by analyzing the risk and progression of technology
• Helps in analyzing technological substitutes and compare the specification
• Aids in understanding the end-user requirements
• Assists in exploring newer applications
• Supports in analyzing the competitors’ geographical scenario

Insightful Questions Covered to Enable Companies to Take Strategic Decisions

• What is the global anti-money laundering software market size in terms of value from 2019 to 2025 and CAGR from 2020 to 2025?
• What are the different types of anti-money laundering software and their growth patterns in terms of value in different regions?
• Which end-user category is expected to be dominant in the global anti-money laundering software market during the forecast period?
• What are the different deployment modes through which AML software is deployed?
• Which are the major regions and countries that provide growth opportunities for the AML software market?
• What is the competitive strength of the key players in the AML software market on the basis of their recent developments, product offerings, market analysis, and regional presence?
• What are the trends in the global AML software market across different regions?
• What are the major driving forces, challenges, and opportunities that tend to increase the demand for AML software during the forecast period 2020-2025?

Contact:
Bhavya Banga
Email: media@bisresearch.com
BIS Research Inc.
39111 PASEO PADRE PKWY STE 313,
FREMONT CA 94538-1686
Visit our Blog @ https://blog.bisresearch.com/
Connect with us on LinkedIn @ https://www.linkedin.com/company/bis-research
Connect with us on Twitter@ https://twitter.com/BISResearch

About BIS Research

BIS Research is a global B2B market intelligence and advisory firm focusing on deep technology and related emerging trends which can disrupt the market dynamics in the near future. We publish more than 200 market intelligence studies annually that focus on several deep technology verticals.

Our strategic market analysis emphasizes on market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.

BIS Research offers syndicate as well as custom studies and expert consultations to firms, providing them specific and actionable insights on novel technology markets, business models, and competitive landscape.

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