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Anti-Money Laundering Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth

Anti-Money Laundering Market

Anti-Money Laundering Market

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How Large Will the Anti-Money Laundering Market Size By 2025?
The market size for anti-money laundering has seen a swift escalation in past years. It is projected to enlarge from $2.92 billion in 2024 up to $3.4 billion in 2025, boasting a compound annual growth rate (CAGR) of 16.2%. The significant expansion during the historical span can be credited to the globalized nature of financial transactions, elevating financial crime instances, the surge in digital transactions, government-led initiatives and stricter enforcement, as well as regulatory compliance mandates.

How Big Is the Anti-Money Laundering Market Size Expected to Grow by 2029?
We can anticipate a swift expansion of the anti-money laundering market in the upcoming years. The market is projected to surge to $5.98 billion by 2029, with a compound annual growth rate (CAGR) of 15.1%. The increase during the forecast period is primarily due to factors such as real-time transaction supervision, improved know your customer (KYC) procedures, automated regulatory reporting, an increased focus on trade-based money laundering, and enhancing customer monitoring. During the forecast period, emphasis on transaction scrutiny and analysis, the influence of cryptocurrency and virtual asset AML solutions, the application of regulatory technology (RegTech), biometric verification in AML processes, and automated reporting of suspicious activities are key trends to watch.

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Which Key Market Drivers Powering Anti-Money Laundering Market Expansion and Growth?
The increasing emphasis on online banking and electronic transactions is predicted to drive the expansion of the anti-money laundering market in the future. Digital payments, which involve sending money from one account to another through a computer, mobile device, or another digital device, are becoming increasingly popular. To minimize the risk of online illegal activity and potential money-laundering threats associated with these payments, anti-money laundering software is used. For example, the Ministry of Electronics and Information Technology, a government agency based in India, reported 8,840 crore digital payment transactions in the financial year 2021-22, a significant increase from the 5,554 crore transactions recorded in the prior financial year. As a result, the anti-money laundering market is gaining momentum due to the escalating interest in digital transactions and internet banking.

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Which Emerging Trends Are Transforming the Anti-Money Laundering Market in 2025?
The primary trend gaining traction in the anti-money laundering market is technological advancements. The major players in this market are zeroing in on the development of sophisticated products that can provide superior solutions in curbing illicit money laundering, thereby solidifying their market position. For example, in October 2022, ThetaRay, a fintech and big data analytics firm based in Israel, released an updated software version of its flagship SONAR advanced SaaS anti-money laundering (AML) platform. This edition boasts significant enhancements in capabilities, allowing FinTechs and banks to detect and halt financial crime more efficiently through accelerated investigations and the revelation of new typologies.

What Are the Emerging Segments in the Anti-Money Laundering Market?
The anti-money launderingmarket covered in this report is segmented -

1) By Product: Compliance Management, Currency Transaction Reporting, Customer Identity Management, Transaction Monitoring.
2) By Component: Software, Services.
3) By Deployment: Cloud, On-Premise
4) By Organization Size: Small And Medium Enterprises (SMEs), Large Enterprises

Subsegments:
1) By Compliance Management: Policy And Procedure Management, Risk Assessment Tools, Reporting And Auditing Solutions
2) By Currency Transaction Reporting: Automated Reporting Solutions, Manual Reporting Tools
3) By Customer Identity Management: KYC (Know Your Customer) Solutions, Identity Verification Tools, Customer Due Diligence Solutions
4) By Transaction Monitoring: Real-Time Monitoring Systems, Batch Transaction Analysis, Alert Management Solutions

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Who Are the Global Leaders in the Anti-Money Laundering Market?
Major companies operating 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 Private Limited, accenture* 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

Which are the Top Profitable Regional Markets for the Anti-Money Laundering Industry?
North America was the largest region in the anti-money laundering market in 2024. The regions covered in the anti-money laundering market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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