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Global Anti-Money Laundering Solutions Market to Reach $5.5 Billion by 2027
Amid the COVID-19 crisis, the global market for Anti-Money Laundering Solutions estimated at US$ 2.1 Billion in the year 2020, is projected to reach a revised size of US$ 5.5 Billion by 2027, growing at a CAGR of 14.4% over the period 2020-2027.
Solutions, one of the segments analyzed in the report, is projected to record 14% CAGR and reach US$ 3.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 15% CAGR for the next 7-year period.
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Global Anti-Money Laundering Solutions Market Report 2021 - ResearchAndMarkets.com
March 10, 2021 GMT
DUBLIN (BUSINESS WIRE) Mar 10, 2021
Global Anti-Money Laundering Solutions Market to Reach $5.5 Billion by 2027
Amid the COVID-19 crisis, the global market for Anti-Money Laundering Solutions estimated at US$ 2.1 Billion in the year 2020, is projected to reach a revised size of US$ 5.5 Billion by 2027, growing at a CAGR of 14.4% over the period 2020-2027.
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Solutions, one of the segments analyzed in the report, is projected to record 14% CAGR and reach US$ 3.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 15% CAGR for the next 7-year period.
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“ACI Worldwide (US), BAE Systems (UK), NICE Actimize (US), FICO (US), SAS Institute (US), Oracle (US), Experian (US), LexisNexis Risk Solutions (US), Fiserv (US), FIS (US), Dixtior (Portugal), TransUnion (US), Wolters Kluwer (Netherlands), Temenos (Switzerland), Nelito Systems (India), TCS (India), WorkFusion (US), Napier (US), Quantaverse (UK),”
Anti-money Laundering Market by Component, Solution (KYC/CDD and Watchlist, Transaction Screening and Monitoring), Deployment Mode, End User (Banking and Financials, Gaming/Gambling Organizations), and Region – Global Forecast to 2025
The global Anti-Money Laundering solutions market size is projected to grow from USD 2.2 billion in 2020 to USD 4.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.6% during the forecast period. The major factors driving the market include non-compliance with stringent regulationd and guidelines, focus of financial institutes on digital payments issues, and need to get holistic vi