Trade Surveillance System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global trade surveillance system market size reached US$ 1,063.3 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,819.6 Million by 2028, exhibiting a growth rate (CAGR) of 17.1% during 2023-2028.
A trade surveillance system refers to an advanced software solution used to monitor and detect potential market abuse and other types of financial crimes. It works by capturing and analyzing trade data to identify illegal or unethical trading practices, such as fraud, behavioral patterning, market manipulation, unlawful disclosure, money laundering, insider trading, and unsuitable investments. It also assists organizations to ensure the efficient prevention and investigation of illegal, manipulative, or abusive trading practices to comply with the government regulations and protect the interests of the firm. As a result, trade surveillance systems are widely utilized by trade exchange firms, information technology (IT) service providers, government regulators, consulting firms, and other financial institutions.
Trade Surveillance System Market Trends:
The rising instances of abusive trading, market manipulation and fraud across the globe represent the primary factor driving the market growth. Besides this, the growing need for pre- and post-trade monitoring in financial institutions is augmenting the demand for trade surveillance systems. Additionally, there has been a substantial shift toward automated and algorithmic trading, which has increased the risk of trade manipulation, violation, and fraud. This, in confluence with the surging need for mandatory regulatory compliance, is propelling the market growth. Furthermore, the leading players are heavily investing in the development of advanced product variants integrated with innovative technologies, such as artificial intelligence (AI), natural language processing (NLP), and machine learning (ML), to gain a competitive edge. For instance, they have introduced solutions with enhanced surveillance and risk detection capabilities, an updated cloud architecture, and more powerful AI and NLP applications. Other factors, including rapid digitization, increasing cloud-based trading activities, technological advancements, and rising security concerns, are also creating a positive market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global trade surveillance system market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, deployment mode, enterprise size and end user.
Breakup by Component:
Solutions
Services
Breakup by Deployment Mode:
On-premises
Cloud-based
Breakup by Enterprise Size:
Small and Medium-sized Enterprises
Large Enterprises
Breakup by End User:
Banks
Institutional Brokers
Retail Brokers
Market Centers and Regulators
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ACA Group, Accenture plc, Aquis Exchange PLC, b-next, Cognizant, CRISIL Limited (S&P Global Inc.), FIS, International Business Machines Corporation, Nasdaq Inc., NICE Ltd., OneMarketData LLC and SIA S.p.A.
Key Questions Answered in This Report
1. What was the size of the global trade surveillance system market in 2022?
2. What is the expected growth rate of the global trade surveillance system market during 2023-2028?
3. What are the key factors driving the global trade surveillance system market?
4. What has been the impact of COVID-19 on the global trade surveillance system market?
5. What is the breakup of the global trade surveillance system market based on the component?
6. What is the breakup of the global trade surveillance system market based on the deployment mode?
7. What is the breakup of the global trade surveillance system market based on the enterprise size?
8. What is the breakup of the global trade surveillance system market based on the end-user?
9. What are the key regions in the global trade surveillance system market?
10. Who are the key players/companies in the global trade surveillance system market?
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