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Anti-Money Laundering Market Analysis, Trends, Growth, Research And Forecast 2032
Anti-Money Laundering Market
The Business Research Company's Anti-Money Laundering Global Market Report 2023 identifies growing focus on digital payments and internet banking as the major driver for the anti-money laundering market's growth in the forecast period. Digital payment refers to the act of transferring money from one payment account to another by a computer, mobile phone, or another digital device. Anti-money laundering technologies are used to prevent online crime and reduce potential money-laundering dangers connected to digital payment.
The global anti-money laundering market size is expected to grow from $2.17 billion in 2022 to $2.53 billion in 2023 at a compound annual growth rate (CAGR) of 16.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The anti-money laundering market size is expected to grow to $4.5 billion in 2027 at a CAGR of 15.5%.
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Major competitors in the anti-money laundering market are NICE Actimize Ltd., Tata Consultancy Services Limited, Trulioo Inc., ACI Worldwide Inc., SAS Institute Inc., Fiserv Inc., Oracle Corporation, Bae Systems India (Homeland Security) Private Limited, CaseWare RCM Inc.
A key trend in the anti-money laundering market includes technological advancement. Major companies operating in the anti-money laundering market are focused on advanced products that could provide better solutions in preventing illegal money laundering and strengthen their position in the market.
Read More On The Global Anti-Money Laundering Market Report Here:
https://www.thebusinessresearchcompany.com/report/anti-money-laundering-global-market-report
The anti-money laundering market is segmented -
• By Product: Compliance Management, Currency Transaction Reporting, Customer Identity Management, Transaction Monitoring.
• By Component: Software, Services.
• By Deployment: Cloud, On-Premise
• By Organization size: Small and Medium Enterprises (SMEs), Large Enterprises
• By End-User: BFSI, Government, Healthcare, IT and Telecom, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the anti-money laundering market.
The Business Research Company's "Global Anti-Money Laundering Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Anti-Money Laundering Market Include:
1. Executive Summary
2. Anti-Money Laundering Market Characteristics
3. Anti-Money Laundering Market Trends And Strategies
4. Anti-Money Laundering Market - Macro Economic Scenario
5. Anti-Money Laundering Market Size And Growth
……
26. Africa Anti-Money Laundering Market
27. Anti-Money Laundering Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Anti-Money Laundering Market
29. Anti-Money Laundering Market Future Outlook and Potential Analysis
30. Appendix
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