Global Anti-Money Laundering Software Market Growth (Status and Outlook) 2023-2029

Global Anti-Money Laundering Software Market Growth (Status and Outlook) 2023-2029

Anti-money laundering software is software used in the finance and legal industries to meet the legal requirements for financial institutions and other regulated entities to prevent or report money laundering activities. There are four basic types of software that address anti-money laundering: transaction monitoring systems, currency transaction reporting (CTR) systems, customer identity management systems and compliance management software.

LPI (LP Information)' newest research report, the “Anti-Money Laundering Software Industry Forecast” looks at past sales and reviews total world Anti-Money Laundering Software sales in 2022, providing a comprehensive analysis by region and market sector of projected Anti-Money Laundering Software sales for 2023 through 2029. With Anti-Money Laundering Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Anti-Money Laundering Software industry.

This Insight Report provides a comprehensive analysis of the global Anti-Money Laundering Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Anti-Money Laundering Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Anti-Money Laundering Software market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Anti-Money Laundering Software and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Anti-Money Laundering Software.

The global Anti-Money Laundering Software market size is projected to grow from US$ 1431.2 million in 2022 to US$ 2990.1 million in 2029; it is expected to grow at a CAGR of 11.1% from 2023 to 2029.

Global Anti-money Laundering Software key players include Oracle, Thomson Reuters, etc. Global top two manufacturers hold a share over 20%.

North America is the largest market, with a share over 35%, followed by Europe and Asia Pacific, both have a share about 60 percent.

In terms of product, On-premise is the largest segment, with a share about 80%. And in terms of application, the largest application is Tier 1 Financial Institution, followed by Tier 2 Financial Institution, Tier 3 Financial Institution, Tier 4 Financial Institution.

This report presents a comprehensive overview, market shares, and growth opportunities of Anti-Money Laundering Software market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Cloud-based
On-premise

Segmentation by application
Tier 1
Tier 2
Tier 3
Tier 4

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Oracle
Thomson Reuters
Fiserv
SAS
FIS (SunGard)
Experian
ACI Worldwide
Fico
Banker’s Toolbox
Nice Actimize
CS&S
Verafin
EastNets
AML360
Aquilan
AML Partners
Truth Technologies
Accuity (Safe Banking Systems)
BAE Systems

Please note: The report will take approximately 2 business days to prepare and deliver.