Global Anti-Money Laundering Market

Global Anti-Money Laundering Market

Global anti-money laundering market is expected to reach USD 11.81 billion by 2031 from USD 3.94 billion in 2023, growing with a CAGR of 14.8% in the forecast period of 2024 to 2031.

Global 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.S., Canada, and Mexico, U.K., Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Belgium, Turkey, Luxembourg, Rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Taiwan, Vietnam, and Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, Egypt, Israel, and Rest of Middle East and Africa)- Industry Trends and Forecast to 2031

Overview of Global 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 global 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
• WorkFusion