Trade Surveillance System Market: Current Analysis and Forecast (2022-2028)
The Global Trade Surveillance System Market is anticipated to grow with an elevated CAGR of around 17% over the forecast period (2022-2028). The trade surveillance systems offer various solutions for an organization such as detecting activities for market manipulation, fraud, behavioral patterning, and more across all asset classes and all products, thereby ensuring the prevention and investigation of abusive, manipulative, or illegal trading practices in the securities markets. The growing adoption of trade surveillance systems can be attributed to the growing trade malpractices. Furthermore, the growing need to monitor trade activities in financial institutions, and the rising demand to meet trade and compliance regulations are the reasons for the surge in the adoption of trade surveillance systems market. Moreover, with time trading is becoming more complex each day, with an increasing number of transactions that are required to be monitored/observed. For instance, according to Thomson Reuters the total cost of financial crime amounts to more than USD 1.45 trillion, 3.5% of the turnover globally; using trade surveillance systems makes monitoring complex transactions simpler.
Insights Presented in the Report
"Amongst component, solutions segment holds the major share”
Based on component, the market is segmented into solutions and services. The solutions segment is expected to grow significantly during the forecast period, the growing adoption of the trade surveillance systems can be attributed to the constantly increasing number of transactions across the globe. Furthermore, trade surveillance solutions provide full control to the organization, which is necessary as trade surveillance also helps organizations deal with the government regulatory bodies.
"Amongst deployment, on-premises segment holds the major share”
Based on deployment, the market is segmented into on-premises and cloud. The on-premises segment is expected to achieve a significant CAGR during the forecast period. Applications deployed on the on-premise infrastructure are more secure and reliable compared to cloud infrastructure.
"Amongst organization size, small and medium segment holds the major share”
Based on organization size, the market is segmented into large, small, and medium organizations. The small and medium organizations are expected to gain significant prominence during the forecast period. The growing adoption of trade surveillance systems in small and medium organizations can be attributed to the increasing number of regulations and the complexities involved.
"Europe represents one of the largest markets of trade surveillance system market”
For a better understanding of the market dynamics of the trade surveillance system market, a detailed analysis was conducted for different regions across the globe including North America (U.S, Canada, and the Rest of North America), Europe (Germany, France, Spain, United Kingdom, Italy, and Rest of Europe), Asia-Pacific (China, India, Australia, Japan, and Rest of APAC), Rest of World has been conducted. The European region is expected to grow significantly during the forecast period, the growth in the region can be attributed to the rising adoption and implementation of trade surveillance systems, and the presence of prominent players, furthermore, rising investment by the fintech companies and complexities of government regulations are the main reasons for the adoption of trade surveillance systems in the region.
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