Anti-Money Laundering market : Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030

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Anti-Money Laundering Market Size & Share to Show Highest Growth During Forecast Period 2020-2030

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Description

Anti-Money Laundering Market

Market Overview
Anti-Money Laundering (AML) aims to discourage criminals by making it more difficult for them to conceal their illicit funds. Money laundering is a technique used by criminals to hide their crimes and the proceeds of their crimes. Financial institutions are required under AML rules to monitor their clients’ transactions and report on any suspicious financial activity.

Market Highlights
Anti-Money Laundering market is expected to project a notable CAGR of 14.06% in 2031
Anti-Money Laundering market to surpass USD 4.44 billion by 2031 from USD 1.19 billion in 2021 at a CAGR of 14.06% in the coming years, i.e., 2022-31. The major factors fueling the Anti-money laundering market include increasing stringent regulations and compliances for AML, increasing focus of financial institutions on digital payment-related issues, and need to get holistic view of data to curb financial crimes. Moreover, the increasing adoption of advanced analytics in AML and integration of AI, ML, and big data technologies in developing AML solutions would provide lucrative opportunities for AML Solution vendors.

Anti-Money Laundering market: Segments
segment to grow with the highest CAGR during 2021-31
Anti-Money Laundering market is segmented by Component Type into Solution and Services. The services segment is anticipated to register the highest growth over the forecast period. Anti-money laundering services include risk rating methodology consulting, advice regarding a range of regulatory issues, system optimizing and tuning, risk assessment, and training. Training is provided to employees to make them understand the various anti-money laundering laws applicable across various industries.

Cloud-based segment to grow with the highest CAGR during 2021-31
Anti-Money Laundering market is segmented by End-user into On-premises, Cloud-based. Over the projection period, the cloud sector is expected to increase at the fastest rate. Anti-money laundering solutions that are deployed in the cloud help companies save money by lowering the cost of creating the necessary IT infrastructure.

Anti-Money Laundering Market: Key Players
NICE Actimize

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

Tata Consultancy Services Limited
Trulioo
Cognizant Technology Solutions Corporation
ACI Worldwide, Inc.
SAS Institute Inc.
Fiserv, Inc.
Oracle Corporation
BAE Systems
Accenture
Anti-Money Laundering market: Regions
Anti-Money Laundering market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Anti-Money Laundering market in North America held the largest market share in the year 2020. North America is expected to contribute the highest market share in terms of revenues during the forecast period too as it is a technologically advanced region with a high number of early adopters and the presence of major market players. Factors such as proliferation of inorganic growth strategies among major AML vendors and innovations regarding implementation of AI, ML in AML solutions as well as increasing demand for cloud-based AML solutions are expected to drive the demand of the Anti-money laundering market.

Segmentation
By Component Type:
Solution
Services
By Deployment Mode:
On-premises
Cloud
By Organization Size:
SMEs
Large enterprises
By End User:
Banks and Financials
Insurance Providers
Gaming & Gambling
Anti-Money Laundering Market Dynamics
Anti-Money Laundering Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints

Additional information

Publisher

Geography Covered

Date Published

,

Pages

Format

Table of Contents

Contents
1. Executive Summary
2. Anti-Money Laundering market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Anti-Money Laundering Market Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. Anti-Money Laundering Market
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Anti-Money Laundering Market: Market Segmentation
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Europe: (Germany, UK, France, Italy, Spain, and Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Asia-Pacific: (China, India, Japan, Australia and Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Latin America: (Brazil, Mexico, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Middle East and Africa, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By Component type: Market Share (2020-2030F)
12.2.1. Solution, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Service, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By Deployment Mode: Market Share (2020-2030F)
12.3.1. On-Premise, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Cloud, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4. By Organization size: Market Share (2020-2030F)
12.4.1. SMEs, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.2. Large enterprises, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5. By End-user: Market Share (2020-2030F)
12.5.1. Banks and Financials, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.2. Insurance Providers, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.3. Gaming & Gambling, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13. Company Profile
13.1. NICE Actimize
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. Tata Consultancy Services Limited
13.3. Trulioo
13.4. Cognizant Technology Solutions Corporation
13.5. ACI Worldwide, Inc.
13.6. SAS Institute Inc.
13.7. Fiserv, Inc.
13.8. Oracle Corporation
13.9. BAE Systems
13.10. Accenture
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

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