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Anti-Money Laundering Market Growing at a CAGR of 15.5% Projected to Surpass USD 7.7 Billion By 2030

09-30-2024 07:19 AM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

Anti-Money Laundering Market

Anti-Money Laundering Market

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:

โ— The anti-money laundering market was valued at USD 2.10 billion in 2021
โ— The market is expected to expand at a CAGR of 15.5% from 2022 to 2030
โ— The market is expected to grow to USD 7.7 billion by 2030

๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

Anti-money laundering consists of an intricate set of rules, protocols, and laws that are created to detect efforts to make illegally acquired funds appear as legal income. Money laundering is used to hide crimes such as small-scale tax evasion and the financing of groups categorized as terrorist organizations. Some features provided by an anti-money laundering solution include customer identity verification, transaction monitoring, audit capabilities, reporting tools, compliance management, and financial fraud detection and prevention.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐จ๐ซ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐ฐ๐ข๐ญ๐ก ๐€๐ง ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐‹๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐”๐ฉ๐œ๐จ๐ฆ๐ข๐ง๐  ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/anti-money-laundering-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

The market's bright future is linked to the increasing prevalence of money laundering globally. Additionally, there is a growing demand for improved AML remedies, leading to an influence on market expansion. There is an increasing trend in cybercrime due to the growing amount of data being collected by networks. Financial institutions, including banks, are increasingly utilizing data analytics technologies to enhance their security procedures. It is expected to have a substantial effect on the growth of the market.

๐Š๐ž๐ฒ ๐๐š๐ซ๐ญ๐ข๐œ๐ข๐ฉ๐š๐ง๐ญ๐ฌ:

With so many businesses involved, the market is projected to become more competitive as it continues to grow. Some of the major players participating in the anti-money laundering market:
โ€ข NICE Actimize
โ€ข Tata Consultancy Services Limited
โ€ข Trulioo
โ€ข BAE Systems
โ€ข Nice Systems
โ€ข Fiserv
โ€ข Cognizant Technology Solutions Corporation
โ€ข ACI Worldwide
โ€ข SAS Institute
โ€ข Fiserv
โ€ข Oracle Corporation
โ€ข BAE Systems
โ€ข LexisNexis Risk Solutions
โ€ข CaseWare RCM

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ž๐Ÿ๐จ๐ซ๐ž ๐ฉ๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž: https://www.polarismarketresearch.com/industry-analysis/anti-money-laundering-market/inquire-before-buying

๐€๐ง๐ญ๐ข-๐ฆ๐จ๐ง๐ž๐ฒ ๐‹๐š๐ฎ๐ง๐๐ž๐ซ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:

โ€ข The software industry led the market in 2021, accounting for the largest revenue share. With the use of anti-money laundering software, organization may ensure that the judicial requirements imposed by governmental bodies are upheld.
โ€ข In 2021, the transaction monitoring category dominated the market. The advantages that transaction monitoring software solutions offer, such as enhanced automation, simplicity in spotting suspicious conduct, and increased effectiveness, fuel demand for the market.
โ€ข The BFSI sector dominated the market in 2021. Other subsectors of the BFSI market include digital banking, retail banking, commercial banking, and wealth management companies.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

Regional analysis provides an examination of the key variables, including social, physical, and economic, in a regional context. It helps companies understand the needs and wants of their customers in target markets. Thus, stakeholders can make informed decisions about their products or service offerings. Also, regional analysis assists businesses in identifying regions with high growth potential and where they should focus their efforts. Furthermore, it can help stakeholders understand local conditions to analyze policy related to global change.
The key regions and sub-regions of the anti-money laundering market covered in the research report are:
โ€ข North America (U.S., Canada)
โ€ข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โ€ข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โ€ข Latin America (Brazil, Mexico, Argentina)
โ€ข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/anti-money-laundering-market

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

The anti-money laundering market is mainly segmented based on component, product type, end-use, and region. Based on component analysis, the software segment led the market and held the largest market share in 2021. Organizations can use anti-money laundering software to guarantee compliance with legal standards set by government entities. Money launderers develop fresh tactics to bypass evolving technologies.
Furthermore, according to the product analysis, in 2021, the transaction monitoring segment led the market. Financial institutions can conduct customer transactions instantly through the use of fraud detection software and services.

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Head Up Display (Hud) Market: https://www.polarismarketresearch.com/industry-analysis/head-up-display-market

Smart Locks Market: https://www.polarismarketresearch.com/industry-analysis/smart-locks-market

Cloud Monitoring Market: https://www.polarismarketresearch.com/industry-analysis/cloud-monitoring-market

Quality Management Software Market: https://www.polarismarketresearch.com/industry-analysis/quality-management-software-market

Identity and Access Management (IAM) Market: https://www.polarismarketresearch.com/industry-analysis/identity-access-management

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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