Uploaded on Aug 25, 2020
Market Size – USD 6.62 Billion in 2018, Market Growth - CAGR of 11.7%, Market Trends – Rising analytics applications for risk management to propel the anti-money laundering market
Anti-Money Laundering Market
Anti-Money
Laundering
Market To Reach
USD 5.19 Billion
By 2027
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Market Summary
Market Size – USD 6.62 Billion in 2018, Market Growth - CAGR of 11.7%, Market Trends – Rising
analytics applications for risk management to propel the anti-money laundering market
According to the current analysis of Reports and Data, the global Anti-Money Laundering market was
valued at USD 0.98 Billion in 2018 and is expected to reach USD 5.19 Billion by the year 2026, at a CAGR of
21.7%.
Further key findings from the report suggest
• The market is growing at a CAGR of 9% in Asia Pacific due to the rapid industrialization, urbanization and
digitalization of the developing countries and the increased use of digital payments in the region.
• Global modernization and dawn of technologies like the blockchain, has increased the number of digital
financial transactions using numerous smart electronic devices like smartphones, tablets and laptops
which is expected to increase the use of anti-money laundering and expand its market size.
Market Summary
Key Players:
FICO, ACI Worldwide, BAE Systems, Oracle, Experian, Nice, Lexisnexis Risk Solutions, Fiserv, FIS, Transunion,
Napier, Caseware, Nelito Systems, Finacus Solutions, and Workfusion
Segmentation:
Component type (Revenue in USD Million; 2016–2026)
Solution
Services
Technology Type (Revenue in USD Million; 2016–2026)
Know Your Customer (KYC) Systems
Transaction Monitoring
Case Management
Compliance Management
Auditing and Reporting
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Market Summary
Organization Size (Revenue in USD Million; 2016–2026)
•Large Enterprises
•Small and Medium Scale Enterprises
Regional Outlook for Anti-Money Laundering Market analyses the following
geographies:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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The report emphasizes the following key questions:
Q.1.What are the most lucrative and promising growth prospects for the market?
Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects
come into play in this advancement?
Q.3.Which geographies are estimated to exhibit the highest growth and the underlying
causes?
Q.4.Which factors are impacting the future of the market and what are the driving
factors?
Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast
period?
About US
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