Anti-Money Laundering Market to Exhibit a Remarkable CAGR of 6.10 % by 2029, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook

Data Bridge Market Research analyses that the anti-money laundering market is expected to reach USD 4.10 billion by 2030, which is USD 1.36 billion in 2022, at a CAGR of 14.80% during the forecast period.

Anti-money laundering refers to the web of regulations, procedures and laws which aimed at uncovering efforts to disguise illegal funds as legitimate income. Money laundering try to find to hide crimes ranging from small-time tax evasion and the financing of groups designated as terrorist organizations. Various solutions provided by an anti-money laundering solution are know-your-customer system, transaction monitoring, auditing and reporting, compliance management, and financial fraud detection and protection, amongst many others.

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Some of the major players operating in the Anti-Money Laundering market are Microsoft (U.S.), IBM (U.S.), SAP (Germany), SAS Institute Inc. (U.S.), (Ireland),  Tata Consultancy Services Limited (India), Open Text Corporation (Canada), BAE Systems (U.S.), Intel Corporation (U.S.), Oracle (U.S ), Fiserv, Inc. (U.S.), Cognizant (U.S.), ACI Worldwide (U.S.), Experian Information Solutions, Inc. (U.S.), NICE (U.S.), SEON Technologies Ltd (U.K.), WorkFusion, Inc.(U.S.), Acuant, Inc. (U.S.), Caseware International Inc. (Canada), Sanction Scanner (U.K.)

Global Anti-Money Laundering  Market Scope
The anti-money laundering market is segmented on the basis of offering, function, deployment, enterprise size and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Offering
Solution
Services
 Function
Compliance Management
Currency Transaction Reporting
Customer Identity Management
Transaction Monitoring
Deployment
Cloud
On-Premise
Enterprise Size
Large Enterprises
Small and Medium Enterprises
End Use
Banks and Financial Institutions
Insurance Provides
Government
Others

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