Report Detail

Other Global Anti-Money Laundering (AML) Software Market to reach USD 2526.45 Million by 2026.

  • RnM3898111
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  • 26 February, 2020
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  • Global
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  • 200 Pages
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  • Bizwit Research & Consulting LLP
  • |
  • Other

Global Anti-Money Laundering (AML) Software Market is valued approximately at USD 977 Million in 2018 and is anticipated to grow with a healthy growth rate of more than 12.61% over the forecast period 2019-2026. Anti-money laundering (AML) software refers to a solution, that enables financial institutions and banks to monitor customer behavior for suspected criminal financial activities through automated processes. Also, this software provides the real time alert to report the criminal activities in order to improve the operational efficiency and enhance of security measures of the organizations. Additionally, Anti-Money Laundering (AML) Software to witness prominent growth owing to the increasing cases associated with money laundering and rising deployment of AML solutions in banks and other financial institutions. For Instance: as per the DW Organization in 2018, Government’s Financial Intelligence Unit (FIU) reported around 77,252 cases of money laundering across Germany. Also, governments are also incorporating various initiatives and plans to control money laundering cases. For Instance: According to the Department of Finance (Canada) in February 2018, the department has reviewed Canada’s anti-money laundering and anti-terrorist financing region. The regime involves 13 federal agencies and departments, eight of which received dedicated funding totaling around $70 million per year to play a significant role in efforts to detect and prevent money laundering and terrorist financing. Through this, Canadian government aims to combat money laundering to promote the safety and security along with the integrity of the financial system. However, risk of security breaches is expected to impede the growth of the market over the forecast period.

The regional analysis of global Anti-Money Laundering (AML) Software market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is expected to hold a notable share in the world in terms of revenue owing to the enforcement of stringent government regulations to deploy AML solutions in financial institutions and high adoption of AML solutions. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period. Factors such as increase in government initiatives towards money laundering and rise in bank IT spending are expected to supplement the growth of the region during the forecast period of 2019-2026.
Major market player included in this report are:
Accuity Inc.
ACI Worldwide, Inc
AML Partners LLC
BAE Systems PLC
Experian PLC
FICO
Fiserv, Inc.
Global RADAR
Infrasoft Technologies Ltd.
Lexis Nexis

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Deployment Type:
On-Premise
Cloud
By Software Type:
Transaction Monitoring Software
Currency Transaction Reporting Software
Customer Identity Management Software (CIM)
Compliance Management Software
Sanction Screening Software and Case Management Software
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026

Target Audience of the Global Anti-Money Laundering (AML) Software Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Million)
    • 1.2.1. Anti-Money Laundering (AML) Software Market, by Region, 2017-2026 (USD Million)
    • 1.2.2. Anti-Money Laundering (AML) Software Market, by Deployment Type, 2017-2026 (USD Million)
    • 1.2.3. Anti-Money Laundering (AML) Software Market, by Software Type, 2017-2026 (USD Million)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Anti-Money Laundering (AML) Software Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Anti-Money Laundering (AML) Software Market Dynamics

  • 3.1. Anti-Money Laundering (AML) Software Market Impact Analysis (2018-2026)
    • 3.1.1. Market Drivers
    • 3.1.2. Market Challenges
    • 3.1.3. Market Opportunities

Chapter 4. Global Anti-Money Laundering (AML) Software Market: Industry Analysis

  • 4.1. Porter’s 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Anti-Money Laundering (AML) Software Market, by Deployment Type

  • 5.1. Market Snapshot
  • 5.2. Global Anti-Money Laundering (AML) Software Market by Deployment Type, Performance - Potential Analysis
  • 5.3. Global Anti-Money Laundering (AML) Software Market Estimates & Forecasts by Deployment Type, 2016-2026 (USD Million)
  • 5.4. Anti-Money Laundering (AML) Software Market, Sub Segment Analysis
    • 5.4.1. On-Premise
    • 5.4.2. Cloud

Chapter 6. Global Anti-Money Laundering (AML) Software Market, by Software Type

  • 6.1. Market Snapshot
  • 6.2. Global Anti-Money Laundering (AML) Software Market by Software Type, Performance - Potential Analysis
  • 6.3. Global Anti-Money Laundering (AML) Software Market Estimates & Forecasts by Software Type 2016-2026 (USD Million)
  • 6.4. Anti-Money Laundering (AML) Software Market, Sub Segment Analysis
    • 6.4.1. Transaction Monitoring Software
    • 6.4.2. Currency Transaction Reporting Software
    • 6.4.3. Customer Identity Management Software (CIM)
    • 6.4.4. Compliance Management Software
    • 6.4.5. Sanction Screening Software and Case Management Software

Chapter 7. Global Anti-Money Laundering (AML) Software Market, Regional Analysis

  • 7.1. Anti-Money Laundering (AML) Software Market, Regional Market Snapshot
  • 7.2. North America Anti-Money Laundering (AML) Software Market
    • 7.2.1. U.S. Anti-Money Laundering (AML) Software Market
      • 7.2.1.1. Deployment Type breakdown estimates & forecasts, 2016-2026
      • 7.2.1.2. Software Type breakdown estimates & forecasts, 2016-2026
    • 7.2.2. Canada Anti-Money Laundering (AML) Software Market
  • 7.3. Europe Anti-Money Laundering (AML) Software Market Snapshot
    • 7.3.1. U.K. Anti-Money Laundering (AML) Software Market
    • 7.3.2. Germany Anti-Money Laundering (AML) Software Market
    • 7.3.3. Rest of Europe Anti-Money Laundering (AML) Software Market
  • 7.4. Asia-Pacific Anti-Money Laundering (AML) Software Market Snapshot
    • 7.4.1. China Anti-Money Laundering (AML) Software Market
    • 7.4.2. India Anti-Money Laundering (AML) Software Market
    • 7.4.3. Japan Anti-Money Laundering (AML) Software Market
    • 7.4.4. Rest of Asia Pacific Anti-Money Laundering (AML) Software Market
  • 7.5. Latin America Anti-Money Laundering (AML) Software Market Snapshot
    • 7.5.1. Brazil Anti-Money Laundering (AML) Software Market
    • 7.5.2. Mexico Anti-Money Laundering (AML) Software Market
  • 7.6. Rest of The World Anti-Money Laundering (AML) Software Market

Chapter 8. Competitive Intelligence

  • 8.1. Top Market Strategies
  • 8.2. Company Profiles
    • 8.2.1. Accuity Inc.
      • 8.2.1.1. Key Information
      • 8.2.1.2. Overview
      • 8.2.1.3. Financial (Subject to Data Availability)
      • 8.2.1.4. Product Summary
      • 8.2.1.5. Recent Developments
    • 8.2.2. ACI Worldwide, Inc
    • 8.2.3. AML Partners LLC
    • 8.2.4. BAE Systems PLC
    • 8.2.5. Experian PLC
    • 8.2.6. FICO
    • 8.2.7. Fiserv, Inc.
    • 8.2.8. Global RADAR
    • 8.2.9. Infrasoft Technologies Ltd.
    • 8.2.10. Lexis Nexis

Chapter 9. Research Process

  • 9.1. Research Process
    • 9.1.1. Data Mining
    • 9.1.2. Analysis
    • 9.1.3. Market Estimation
    • 9.1.4. Validation
    • 9.1.5. Publishing
  • 9.2. Research Attributes

Summary:
Get latest Market Research Reports on Anti-Money Laundering (AML) Software . Industry analysis & Market Report on Anti-Money Laundering (AML) Software is a syndicated market report, published as Global Anti-Money Laundering (AML) Software Market to reach USD 2526.45 Million by 2026. . It is complete Research Study and Industry Analysis of Anti-Money Laundering (AML) Software market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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