Europe Anti-Money Laundering Market

Europe Anti-Money Laundering Market

Europe anti-money laundering market is expected to reach USD 4.67 billion by 2031 from USD 1.48 billion in 2023, growing with a CAGR of 15.6% in the forecast period of 2024 to 2031.

Europe Anti-Money Laundering Market Segmentation, By Offering (Solution and Services), Function (Compliance Management, Customer Identity Management, Transaction Monitoring, Currency Transaction Reporting, and Others), Deployment (Cloud and On-Premise), Enterprise Size (Large Enterprises and Small & Medium Enterprises), End Use (Banks & Financial Institution, Insurance Providers, Government, Gaming & Gambling, and Others), By Countries (U.K., Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Belgium, Turkey, Luxembourg, and rest of Europe)- Industry Trends and Forecast to 2031

Overview of Europe Anti-Money Laundering Market Dynamics :

Driver

• Increased financial crimes detection effort

Restraint

• Privacy concerns in customer data monitoring

Opportunity

• Increasing adoption of advanced analytics in AML

Market Players:

The key market players operating in the Europe anti-money laundering market are listed below:

• NICE ACTIMIZE
• IBM CORPORATION
• SANCTIONS.IO LLC
• INTEL CORPORATION
• ORACLE
• SAP SE
• Accenture
• EXPERIAN INFORMATION SOLUTION, INC.
• Open Text Corporation
• BAE Systems
• SAS INSTITUTE INC.
• ACI worldwide, INC
• Cognizant Technology solutions corporation
• Trulioo
• temenos