Anti Money Laundering Market: New Business Opportunities, Emerging Trends, Competitive Strategies and Forecasts 2025 | Grand View Research, Inc.

 Breaking News
  • No posts were found

Anti Money Laundering Market: New Business Opportunities, Emerging Trends, Competitive Strategies and Forecasts 2025 | Grand View Research, Inc.

September 02
11:34 2019
Anti Money Laundering Market: New Business Opportunities, Emerging Trends, Competitive Strategies and Forecasts 2025 | Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, The global anti money laundering market size was valued at USD 857.2 million in 2018 and is expected to register a CAGR of 13.6% from 2019 to 2025.

The global anti money laundering market size is expected to reach USD 1.99 billion by 2025, registering a CAGR of 13.6% over the forecast period according to a new report by Grand View Research, Inc. As the detection and prevention of money laundering threats increase with improvements in law enforcement activities, criminals and corrupt individuals are taking substantial care to conceal the sources of their illicit wealth.

Global concerns about the growing incidences of sophisticated organized crimes, terrorism, and corruption and their negative impact on peace, security, and development of countries globally have signaled a need for concerted action by governments. To meet the various compliance requirements set by governments, organizations are increasingly adopting solutions such as fraud detection and anti-money laundering. These solutions are anticipated to establish procedures to curb practices facilitated by cyber-criminals and corrupt individuals, reducing the concerns of converting or disguising illegally obtained funds as legitimate income.

AML solutions are expected to aid governments in mitigating the risk of anonymity in transaction and fund transfers that facilitate money laundering activities. This would help reduce the use of cash-based activities involved in activities such as drug trafficking, human smuggling and trafficking, and illicit retail transactions. Moreover, AML is expected to help enterprises to decrease the risk associated with cross-border transactions and the exploitation of virtual currency due to threats. AML solutions would subsequently curb activities such as ransomware, Distributed Denial-Of-Service (DDoS), and malware attacks conducted for money laundering or fraud.

Get Sample of Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/anti-money-laundering-market/request/rs1

To protect citizens, financial organizations, and businesses from such threats, major nations worldwide are making continuous efforts to ensure that financial and other institutions comply with AML requirements. Moreover, several government regulators have started focusing on advanced FinTech solutions to detect and report financial crimes. Owing to the rising intensity, frequency, and sophistication of money laundering and illicit trading activities, organizations are adopting advanced technologies as legacy solutions fail to provide sufficient security and soon become obsolete.

U.S. anti money laundering market size, by component, 2015 - 2025 (USD Million)

Further key findings from the report suggest:

  • The global market for anti-money laundering was valued at USD 857.2 million in 2018 and is expected to register a CAGR of 13.6% from 2019 to 2025
  • The software component segment accounted for the largest revenue share of over 62% in 2018
  • The customer identity management product type segment accounted for the largest revenue share of over 32% in 2018
  • The cloud deployment segment is anticipated to register the highest CAGR of 16.0% over the forecast period
  • The North American market accounted for the largest revenue share of over 48% in 2018
  • The market for anti-money laundering is currently dominated by key industry players including Accenture, ACI Worldwide, Inc.; NICE Actimize, Tata Consultancy Services Limited, and SAS Institute Inc. 

Global anti money laundering market share, by end use, 2018 (%)

Have Any Query? Ask Our Experts @https://www.grandviewresearch.com/inquiry/6381/ibb

Key Topics Covered 

Chapter 1 Methodology and Scope
                 1.1 Market Segmentation & Scope
                 1.2 Market Definition
                 1.3 Methodology
                     1.3.1. Information procurement
                     1.3.2. Purchased database
                     1.3.3. GVR’s internal database
                     1.3.4. Secondary sources & third-party perspectives
                     1.3.5. Primary research
                 1.4 Information Analysis
                     1.4.1 Data analysis model
                 1.5 Market Formulation & Data Visualization
                 1.6 Data Validation & Publishing
                 1.7 List of Abbreviations
Chapter 2 Executive Summary
                 2.1 Market Snapshot
                 2.2 Market Outlook
                     2.2.1 Global anti-money laundering market, 2015 – 2025 (USD Million)
                     2.2.2 Global anti-money laundering market, by region, 2015 – 2025 (USD Million)
                 2.3 Segment Outlook
                     2.3.1 Global anti-money laundering market, by component, 2015 – 2025 (USD Million)
                     2.3.2 Global anti-money laundering market, by product type, 2015 – 2025 (USD Million)
                     2.3.3 Global anti-money laundering market, by deployment, 2015 – 2025 (USD Million)
                     2.3.4 Global anti-money laundering market, by end use, 2015 – 2025 (USD Million)
Chapter 3 Anti-Money Laundering Market Variables, Trends, & Scope
                 3.1 Market Lineage Outlook
                     3.1.1 Related/ancillary market outlook
                         3.1.1.1 Cyber security market
                         3.1.1.2 Enterprise governance, risk, and compliance
                 3.2 Penetration & Growth Prospect Mapping
                 3.3 Value Chain Analysis
                 3.4 Market Dynamics
                     3.4.1 Market driver analysis
                         3.4.1.1 Growing volume of non-cash transactions
                         3.4.1.2 Stringent government compliance
                         3.4.1.3 Growth of advanced analytics to identify threat patterns
                … continued

Browse Related Reports:

Video Conferencing Market By Deployment, By Component (Hardware, Software, Service), By End Use (Corporate, Healthcare), By Region, And Segment Forecasts, 2019 – 2025:

https://www.grandviewresearch.com/industry-analysis/video-conferencing-market

Team Collaboration Software Market By Application, By Software Type (Conferencing, Communication & Coordination), By Deployment (Cloud, On-Premise), And Segment Forecasts, 2018 – 2025:

https://www.grandviewresearch.com/industry-analysis/team-collaboration-software-market

About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: United States
Website: www.grandviewresearch.com/industry-analysis/anti-money-laundering-market