Market Overview
The global Anti-money Laundering Software Market is expected to grow at a CAGR of 16.6% during the forecast period. This growth is due to increasing financial transparency and compliance requirements across various industries, such as banking, insurance, and retail. The rise in cybercrime and terrorist activities is also resulting in increased scrutiny of financial transactions.
Money laundering is one of the biggest challenges businesses face. It can make it difficult to operate and, as a result, companies have to take steps to mitigate the risk. The global anti-money laundering software market is expected to grow at a CAGR of 16.6% during the forecast period 2022-2029. This report provides an in-depth understanding of the global anti-money laundering software market covering major geographies such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The report offers a comprehensive snapshot of the anti-money laundering software landscape by product type (e.g., intelligence gathering solution, compliance solution, investigation management solution), end users (banks/financial institutions, e-commerce/retailers, healthcare entities), and geography (North America, Europe, Asia Pacific, Latin America, Middle East & Africa).
The report begins by providing an overview of the anti-money laundering (AML) landscape, including key AML requirements, implications of money laundering on economic development, and the current state of AML technology. The report then analyses the factors that are shaping the growth prospects of the global anti-money laundering software market. It notably looks at trends in legal and illegal money flows, technological advancements, government initiatives, and customer demand for AML solutions.
Further analysis includes profiles of selected leading players in the global anti-money laundering software market and their products/services offerings. This section also includes a SWOT analysis to help readers understand how these companies are positioning themselves in this rapidly growing market. The report then provides an overview of the geographic distribution of the global anti-money laundering software market and its major countries/regions. It also covers key industry trends such as increasing adoption of cloud services among AML solution providers, rising adoption in APAC region, expanding use cases across organized crime activities such as terrorism financing etc., among others.
Report Includes
An overview of the global Anti-money Laundering Software market, and related technologies and developments. Analyses of global market trends, with historical data from 2018, 2019, and 2020 estimates and projections of CAGRs through 2029. It also includes breakdowns of the overall Anti-money Laundering Software market along with various segments, and by geographic region. Analysis of the stakeholder value chain in the Anti-money Laundering Software market and comprehensive profiles of leading companies in the industry
Report ScopeThe report forecasts the size of the Anti-money Laundering Software market for components from 2022 through 2029
The Executive Summary provides a snapshot of the key findings of the report. The introduction chapter includes the research scope, market segmentation, research methodology, and definitions and assumptions. It involves extremely rigorous scientific methods, tools, and techniques to estimate the market size. Exhaustive secondary research is being carried out to collect information related to the market, the parent market, and the peer market. Primary research is undertaken to validate the assumptions, findings, and sizing with industry experts and professionals across the value chain of the market. Both top-down and bottom-up approaches are employed to estimate the complete market size.
The chapter on market dynamics includes market drivers, restraints, and opportunities which helps familiarise with market potential and upcoming opportunities. The chapter on key insights includes emerging trends from major countries, the latest technological advancement, regulatory landscape, SWOT analysis, and Porter five forces analysis. This chapter provides detailed insights into the market which derives the market trends, changing phase of investments, and the scope of profit potential, and helps to take appropriate business decisions. The chapter on competitive analysis includes the profiling of leading companies in the global market to map the leading companies and their focus of interest in the market.
After deriving the market size from the market size estimation process, the total market has been split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments, data triangulation and market breakdown procedures are being used. The data triangulation is carried out by studying various factors and trends from demand and supply perspectives.
Segmentation Analysis:The Anti-money Laundering Software market is segmented on the basis of Type, Application, and Region.
Global Anti-money Laundering Software market Competitive Analysis:Key players in the Global Anti-money Laundering Software market are ACI Worldwide, Inc., Ascent Technology Consulting, Eastnets Holding Ltd., FICO TONBELLER, NICE Actimize, Regulatory DataCorp, Inc., Safe Banking Systems LLC, SAS Institute Inc., Thomson Reuters Corporation, Truth Technologies, Inc., and Verafin Inc. among other players.
*All our reports are customizable as per customer requirementsThis study forecasts revenue and volume growth at global, regional, and country levels from 2018 to 2029. The global Anti-money Laundering Software market is distributed on the basis of the below-mentioned segments:
Global Anti-money Laundering Software Market, By Type:
- On-Premise
- Cloud-Based
- Others
Global Anti-money Laundering Software Market, By Application:
- Transaction Monitoring
- Currency Transaction Reporting
- Customer Identity Management
- Compliance Management
- Sanction Screening and Case Management
- Others
Global Anti-money Laundering Software Market, By Region:
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- Rest of LAMEA
List of Figures
Figure 1: Global Anti-money Laundering Software Market Revenue Breakdown (USD Billion, %) by Region, 2022 & 2029
Figure 2: Global Anti-money Laundering Software Market Value Share (%), By Segment 1, 2022 & 2029
Figure 3: Global Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 4: Global Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 5: Global Anti-money Laundering Software Market Value Share (%), By Segment 2, 2022 & 2029
Figure 6: Global Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 7: Global Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 8: Global Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 9: Global Anti-money Laundering Software Market Forecast (USD Billion), by Others, 2018-2029
Figure 10: Global Anti-money Laundering Software Market Value Share (%), By Segment 3, 2022 & 2029
Figure 11: Global Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 12: Global Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 13: Global Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 14: Global Anti-money Laundering Software Market Forecast (USD Billion), by Others, 2018-2029
Figure 15: Global Anti-money Laundering Software Market Value (USD Billion), by Region, 2022 & 2029
Figure 16: North America Anti-money Laundering Software Market Value Share (%), By Segment 1, 2022 & 2029
Figure 17: North America Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 18: North America Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 19: North America Anti-money Laundering Software Market Value Share (%), By Segment 2, 2022 & 2029
Figure 20: North America Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 21: North America Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 22: North America Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 23: North America Anti-money Laundering Software Market Forecast (USD Billion), by Others, 2018-2029
Figure 24: North America Anti-money Laundering Software Market Value Share (%), By Segment 3, 2022 & 2029
Figure 25: North America Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 26: North America Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 27: North America Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 28: North America Anti-money Laundering Software Market Forecast (USD Billion), by Others, 2018-2029
Figure 29: North America Anti-money Laundering Software Market Forecast (USD Billion), by U.S., 2018-2029
Figure 30: North America Anti-money Laundering Software Market Forecast (USD Billion), by Canada, 2018-2029
Figure 31: Latin America Anti-money Laundering Software Market Value Share (%), By Segment 1, 2022 & 2029
Figure 32: Latin America Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 33: Latin America Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 34: Latin America Anti-money Laundering Software Market Value Share (%), By Segment 2, 2022 & 2029
Figure 35: Latin America Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 36: Latin America Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 37: Latin America Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 38: Latin America Anti-money Laundering Software Market Forecast (USD Billion), by Others, 2018-2029
Figure 39: Latin America Anti-money Laundering Software Market Value Share (%), By Segment 3, 2022 & 2029
Figure 40: Latin America Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 41: Latin America Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 42: Latin America Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 43: Latin America Anti-money Laundering Software Market Forecast (USD Billion), by Others, 2018-2029
Figure 44: Latin America Anti-money Laundering Software Market Forecast (USD Billion), by Brazil, 2018-2029
Figure 45: Latin America Anti-money Laundering Software Market Forecast (USD Billion), by Mexico, 2018-2029
Figure 46: Latin America Anti-money Laundering Software Market Forecast (USD Billion), by Rest of Latin America, 2018-2029
Figure 47: Europe Anti-money Laundering Software Market Value Share (%), By Segment 1, 2022 & 2029
Figure 48: Europe Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 49: Europe Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 50: Europe Anti-money Laundering Software Market Value Share (%), By Segment 2, 2022 & 2029
Figure 51: Europe Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 52: Europe Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 53: Europe Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 54: Europe Anti-money Laundering Software Market Forecast (USD Billion), by Others, 2018-2029
Figure 55: Europe Anti-money Laundering Software Market Value Share (%), By Segment 3, 2022 & 2029
Figure 56: Europe Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 57: Europe Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 58: Europe Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 59: Europe Anti-money Laundering Software Market Forecast (USD Billion), by Others, 2018-2029
Figure 60: Europe Anti-money Laundering Software Market Forecast (USD Billion), by U.K., 2018-2029
Figure 61: Europe Anti-money Laundering Software Market Forecast (USD Billion), by Germany, 2018-2029
Figure 62: Europe Anti-money Laundering Software Market Forecast (USD Billion), by France, 2018-2029
Figure 63: Europe Anti-money Laundering Software Market Forecast (USD Billion), by Italy, 2018-2029
Figure 64: Europe Anti-money Laundering Software Market Forecast (USD Billion), by Spain, 2018-2029
Figure 65: Europe Anti-money Laundering Software Market Forecast (USD Billion), by Russia, 2018-2029
Figure 66: Europe Anti-money Laundering Software Market Forecast (USD Billion), by Rest of Europe, 2018-2029
Figure 67: Asia Pacific Anti-money Laundering Software Market Value Share (%), By Segment 1, 2022 & 2029
Figure 68: Asia Pacific Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 69: Asia Pacific Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 70: Asia Pacific Anti-money Laundering Software Market Value Share (%), By Segment 2, 2022 & 2029
Figure 71: Asia Pacific Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 72: Asia Pacific Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 73: Asia Pacific Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 74: Asia Pacific Anti-money Laundering Software Market Forecast (USD Billion), by Others, 2018-2029
Figure 75: Asia Pacific Anti-money Laundering Software Market Value Share (%), By Segment 3, 2022 & 2029
Figure 76: Asia Pacific Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 77: Asia Pacific Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 78: Asia Pacific Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 79: Asia Pacific Anti-money Laundering Software Market Forecast (USD Billion), by Others, 2018-2029
Figure 80: Asia Pacific Anti-money Laundering Software Market Forecast (USD Billion), by China, 2018-2029
Figure 81: Asia Pacific Anti-money Laundering Software Market Forecast (USD Billion), by India, 2018-2029
Figure 82: Asia Pacific Anti-money Laundering Software Market Forecast (USD Billion), by Japan, 2018-2029
Figure 83: Asia Pacific Anti-money Laundering Software Market Forecast (USD Billion), by Australia, 2018-2029
Figure 84: Asia Pacific Anti-money Laundering Software Market Forecast (USD Billion), by Southeast Asia, 2018-2029
Figure 85: Asia Pacific Anti-money Laundering Software Market Forecast (USD Billion), by Rest of Asia Pacific, 2018-2029
Figure 86: Middle East & Africa Anti-money Laundering Software Market Value Share (%), By Segment 1, 2022 & 2029
Figure 87: Middle East & Africa Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 88: Middle East & Africa Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 89: Middle East & Africa Anti-money Laundering Software Market Value Share (%), By Segment 2, 2022 & 2029
Figure 90: Middle East & Africa Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 91: Middle East & Africa Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 92: Middle East & Africa Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 93: Middle East & Africa Anti-money Laundering Software Market Forecast (USD Billion), by Others, 2018-2029
Figure 94: Middle East & Africa Anti-money Laundering Software Market Value Share (%), By Segment 3, 2022 & 2029
Figure 95: Middle East & Africa Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 96: Middle East & Africa Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 97: Middle East & Africa Anti-money Laundering Software Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 98: Middle East & Africa Anti-money Laundering Software Market Forecast (USD Billion), by Others, 2018-2029
Figure 99: Middle East & Africa Anti-money Laundering Software Market Forecast (USD Billion), by GCC, 2018-2029
Figure 100: Middle East & Africa Anti-money Laundering Software Market Forecast (USD Billion), by South Africa, 2018-2029
Figure 101: Middle East & Africa Anti-money Laundering Software Market Forecast (USD Billion), by Rest of Middle East & Africa, 2018-2029
List of Tables
Table 1: Global Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2029
Table 2: Global Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2029
Table 3: Global Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2029
Table 4: Global Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Region, 2018-2029
Table 5: North America Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2029
Table 6: North America Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2029
Table 7: North America Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2029
Table 8: North America Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Country, 2018-2029
Table 9: Europe Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2029
Table 10: Europe Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2029
Table 11: Europe Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2029
Table 12: Europe Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Country, 2018-2029
Table 13: Latin America Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2029
Table 14: Latin America Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2029
Table 15: Latin America Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2029
Table 16: Latin America Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Country, 2018-2029
Table 17: Asia Pacific Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2029
Table 18: Asia Pacific Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2029
Table 19: Asia Pacific Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2029
Table 20: Asia Pacific Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Country, 2018-2029
Table 21: Middle East & Africa Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2029
Table 22: Middle East & Africa Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2029
Table 23: Middle East & Africa Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2029
Table 24: Middle East & Africa Anti-money Laundering Software Market Revenue (USD Billion) Forecast, by Country, 2018-2029
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model