Global Anti-money Laundering Service Market Growth (Status and Outlook) 2023-2029

Global Anti-money Laundering Service 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 Service Industry Forecast” looks at past sales and reviews total world Anti-money Laundering Service sales in 2022, providing a comprehensive analysis by region and market sector of projected Anti-money Laundering Service sales for 2023 through 2029. With Anti-money Laundering Service 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 Service industry.

This Insight Report provides a comprehensive analysis of the global Anti-money Laundering Service 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 Service 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 Service market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Anti-money Laundering Service 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 Service.

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

AML software allows financial institutions and other enterprises to detect suspicious transactions and analyze customer data. Its ability to provide real-time alerts and tools to report suspicious events to maximize security and operational efficiency will foster its adoption during the forecast period.

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

Market Segmentation:

Segmentation by type
Transaction Monitoring Software
Currency Transaction Reporting (CTR) Software
Customer Identity Management Software
Compliance Management Software
Others

Segmentation by application
Bank
Insurance Company
Financial Institution

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
SunGard
Experian
ACI Worldwide
Tonbeller
Banker's Toolbox
Nice Actimize
CS&S
Ascent Technology Consulting
Targens
Verafin
EastNets
AML360
Aquilan
AML Partners
Truth Technologies
Safe Banking Systems

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