Press release
Anti-Money Laundering Market - Exploration Trends, Analysis, Growth Prospects And Forecast 2033
The Business Research Company recently released a comprehensive report on the Global Anti-Money Laundering Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=7854&type=smp
According to The Business Research Company's, The anti-money laundering market size has grown rapidly in recent years. It will grow from $2.53 billion in 2023 to $2.94 billion in 2024 at a compound annual growth rate (CAGR) of 16.0%. The growth in the historic period can be attributed to globalization of financial transactions, rise in financial crimes, increased digital transactions, government initiatives and enforcement, regulatory compliance requirements.
The anti-money laundering market size is expected to see rapid growth in the next few years. It will grow to $5.18 billion in 2028 at a compound annual growth rate (CAGR) of 15.2%. The growth in the forecast period can be attributed to real-time transaction monitoring, enhancing know your customer (kyc) processes, automated regulatory reporting, increasing focus on trade-based money laundering, enhanced customer monitoring. Major trends in the forecast period include emphasis on transaction monitoring and analysis, cryptocurrency and virtual asset aml solutions, deployment of regulatory technology (regtech), biometric authentication in aml processes, automated suspicious activity reporting (sar).
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/anti-money-laundering-global-market-report
Market Drivers and Trends:
The increase in the number of cyber threats is anticipated to drive the growth of the anti-money laundering market going forward. Cyber threats refer to malicious activities or potential dangers in the digital world that target computer systems, networks, and digital devices. Anti-money laundering systems are used for identifying, preventing, and reporting financial activities that fund or facilitate cybercrimes for financial institutions. In February 2023, according to the Australian Cyber Security Centre, an Australia-based cyber security agency, in 2022, cybercrime reports received were 76,000, up from 13% from the previous year. Additionally, in instance, in January 2022, according to check point research, an Israel-based cybersecurity threat intelligence team in 2021, there was a 50% rise in overall corporate hacking attacks per week. Therefore, the increase in the number of cyber threats is driving the growth of the anti-money laundering market.
Technological advancements are the key trend gaining popularity in the anti-money laundering market. 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. For instance, in October 2022, ThetaRay, an Israel-based fintech software and big data analytics company, launched an advance software version of its flagship SONAR advanced SaaS anti-money laundering (AML) platform. This version contains significant capability enhancements enabling FinTechs and banks to detect and prevent financial crime through speedier investigations and the discovery of new typologies.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
NICE Actimize Ltd., Tata Consultancy Services Limited, Trulioo Inc., ACI Worldwide Inc., SAS Institute Inc., Fiserv Inc., Oracle Corporation, Bae Systems India Private Limited, Acce*nture Solutions Pvt. Ltd., CaseWare RCM Inc., TransUnion Holding Company Inc., Cognizant Technology Solutions Corporation, SAP AG, Jumio Corporation, Comarch SA, Feedzai Inc., Napier Technologies Limited, IBM Corporation., Experian Information Solutions Inc., Truth Technologies Inc., Cs&s Computer Systems Inc., Accuity Inc., ComplyAdvantage Ltd., Refinitiv Holdings Limited, Quantexa Limited, Fenergo Limited, RELX Inc., KPMG International Ltd., Deloitte Touche Tohmatsu Limited, PricewaterhouseCoopers LLP, Ernst & Young Global Limited, Thomson Reuters Corporation, FICO TONBELLER AG, Association of Certified Anti-Money Laundering Specialists LLC, Fidelity Information Services LLC
Anti-Money Laundering Market 2024 Key Insights:
• The anti-money laundering market size is expected to see rapid growth in the next few years. It will grow to $5.18 billion in 2028 at a compound annual growth rate (CAGR) of 15.2%.
• Rising Emphasis On Digital Payments And Internet Banking Fuels Anti-Money Laundering Market
• Saas Anti-Money Laundering (AML) Platform Leading The Way In The Anti-Money Laundering Market
• North America was the largest region in the anti-money laundering market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=7854&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
                     Copy
                  
                 Please set a link in the press area of your homepage to this press release on openPR.  openPR disclaims liability for any content contained in this release. 
    You can edit or delete your press release Anti-Money Laundering Market - Exploration Trends, Analysis, Growth Prospects And Forecast 2033 here
News-ID: 3742428 • Views: …
More Releases from The Business research company
 
                                            
                                                    Top Trends Transforming the Fluoropolymer Films Market Landscape in 2025: Techno …                                                
                                            
                                        
                                            Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Fluoropolymer Films Industry Market Size Be by 2025?
The fluoropolymer films market has seen strong growth recently. It will expand from $2.5 billion in 2024 to $2.65 billion in 2025 at a CAGR of 5.7%. Growth drivers in the past included high thermal stability, electronics manufacturing…  
                                        
                                     
                                            
                                                    Driving Digitally Printed Wallpaper Market Growth in 2025: The Role of Rising Ur …                                                
                                            
                                        
                                            Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Digitally Printed Wallpaper Market Size Growth Forecast: What to Expect by 2025?
The digitally printed wallpaper market has expanded rapidly in recent years. It will grow from $9.13 billion in 2024 to $10.26 billion in 2025, at a CAGR of 12.4%. Historic growth was fueled by interior design preferences,…  
                                        
                                     
                                            
                                                    Top Market Shifts Transforming the Biodegradable Paper and Plastic Packaging Mar …                                                
                                            
                                        
                                            Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Biodegradable Paper and Plastic Packaging Market Through 2025?
Over the past few years, we've witnessed a significant expansion in the size of the biodegradable paper and plastic packaging market. It is projected to rise from $12.97 billion in 2024 to $14.12 billion…  
                                        
                                     
                                            
                                                    Acrylic Rubber Market Landscape to 2034: Key Forces Shaping the Next Decade of G …                                                
                                            
                                        
                                            Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Acrylic Rubber Market Size By 2025?
The acrylic rubber industry has seen robust growth in the past few years. The market value, which is projected to escalate from $1.63 billion in 2024 to $1.74 billion in 2025, implies a compound annual growth rate (CAGR) of…  
                                        
                                    More Releases for Laundering
                                                    Surge In Money Laundering Cases Drives Growth Of Anti-Money Laundering Software  …                                                
                                            
                                        
                                            Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Anti-Money Laundering Software Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for anti-money laundering software has seen swift expansion in the past few years. Its growth is expected to rise from $2.85 billion in 2024 to $3.22 billion in 2025, with a…  
                                        
                                    
                                                    Prominent Anti-Money Laundering Market Share Trend for 2025: SaaS Anti-Money Lau …                                                
                                            
                                        
                                            What industry-specific factors are fueling the growth of the anti-money laundering market?
The increasing emphasis on internet banking and digital transactions is anticipated to drive the anti-money laundering market's expansion in the future. Digital transactions involve money transfer from one payment account to another via a computer, mobile phone, or other digital device. Technologies aimed at preventing money laundering are employed to deter online fraud and mitigate risks associated with digital…  
                                        
                                    
                                                    Leading Growth Driver in the Anti-Money Laundering Software Market in 2025: Surg …                                                
                                            
                                        
                                            Which drivers are expected to have the greatest impact on the over the anti-money laundering software market's growth?
The surge in incidents related to money laundering is anticipated to boost the anti-money laundering software industry. Money laundering typically involves transforming unlawfully obtained capital into lawful funds. The significant growth in money laundering incidents has facilitated the widespread use of anti-money laundering software programs to meet the regulatory demands of organizations seeking…  
                                        
                                    
                                                    Anti-Money Laundering: Global Market Outlook                                                
                                            
                                        
                                            Summary:
Anti-money laundering (AML) comprises laws, policies, and regulations to safeguard financial frauds and illegal activity. Organizations must comply with these regulations even though compliance led financial institutions do have compliance departments and purchase software solutions. As times are changing, organizations are becoming more adaptive to the AML technologies and the end-user industry is reflecting various important trends shaping how they are being utilized. Increasing stringent regulations and compliance obligations for…  
                                        
                                    
                                                    Rising Money Laundering Cases To Boost Anti-Money Laundering Market Growth                                                
                                            
                                        
                                            Factors such as the surging number of money laundering cases and mounting information technology (IT) expenditure will facilitate the anti-money laundering (AML) market growth during the forecast period (2021-2030). According to P&S Intelligence, the market generated a revenue of $2.4 billion revenue in 2020. Moreover, the surging volume of digital payments, rising technological advancements, and mounting internet traffic will also accelerate the market growth in the foreseeable future. Financial institutions…  
                                        
                                    
                                                    Increasing Prevalence of Money Laundering Driving Anti-Money Laundering Market G …                                                
                                            
                                        
                                            The global anti-money laundering market reached a value of $3 billion in 2020 and it is predicted to exhibit huge expansion between 2021 and 2030 (forecast period). The market is being driven by the surging incidence of money laundering cases and the burgeoning demand for monitoring money laundering activities. Additionally, the soaring information technology (IT) expenditure in several countries is also pushing up the requirement for anti-money laundering (AML) solutions…  
                                        
                                    