Artificial intelligence and Advanced Machine Learning Market Revenue Poised for Significant Growth During the Forecast Period of 2022 - 2032 | Emergen Research

 The latest research report by Emergen Research, named ‘Global Anti-Money Laundering Software Market - Forecast to 2032’, entails a comprehensive review of the global Anti-Money Laundering Software Market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Anti-Money Laundering Software Market  industry, particularly the current COVID-19 scenario.

The global Anti-Money Laundering (AML) software market size reached USD 1.63 Billion in 2021 and is expected to register a revenue CAGR of 15.1% during the forecast period, according to latest analysis by Emergen Research. Increasing number of money laundering cases and rapid growth of Information Technology (IT) industry are projected to support market revenue growth between 2022 and 2030. In addition, increasing need to authenticate users' identity through Know Your Customer (KYC) technology will drive revenue growth. Know your customer is the process of verifying a customer's identity. The objective of KYC is to prevent criminal elements from using bank accounts for Anti-money laundering purposes. Identity fraud is a serious issue in the banking sector. A better identity management method is required to alleviate this problem. KYC is the best solution to the identity fraud issue. It will reduce the risks by ensuring suspicious elements do not participate in legitimate financial institutions, which will prevent financial crimes such as money laundering and corruption. As a result, adoption of KYC technology will minimize money laundering risks. KYC technology reports any suspicious activity to the regulators.

Key players in the market Oracle Corporation, BAE Systems PLC, Tata Consultancy Services Limited (Tata Sons Private Limited), Fiserv, Inc., Fidelity National Information Services, Inc., Experian PLC, SAS Institute, Inc., ACI Worldwide, Inc., CaseWare International, Inc., and AML Partners LLC

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Competitive Terrain:

The Global Anti-Money Laundering Software Market  is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length.

Market Overview:

The report bifurcates the Anti-Money Laundering Software market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

To learn more details about the Global Anti-Money Laundering Software Market report, visit @ https://www.emergenresearch.com/industry-report/anti-money-laundering-software-market

Our experienced market research team has provided updated information on the ongoing COVID-19 pandemic and its adverse economic impact in the latter segment of the report.  The coronavirus outbreak has led to drastic changes in the current Anti-Money Laundering Software Market  business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation.

Segments Covered in this report are:

  • Component Outlook (Revenue, USD Billion; 2019–2030)

    • Software
    • Services

  • Deployment Type Outlook (Revenue, USD Billion; 2019–2030)

    • On-premise
    • On-cloud

  • Application Outlook (Revenue, USD Billion; 2019–2030)

    • Transaction Monitoring
    • Currency Transaction Reporting
    • Customer Identity Management
    • Compliance Management
    • Others

Regional Analysis of the Anti-Money Laundering Software Market  :

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Questions Answered in the Report:

  • What is the growth rate of the Anti-Money Laundering Software Market ? What is the anticipated market valuation of Anti-Money Laundering Software Market  industry by 2032?
  • What are the key growth driving and restraining factors of the Anti-Money Laundering Software Market ?
  • Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
  • What are the key opportunities and growth prospects of the Anti-Money Laundering Software Market industry over the forecast period?
  • Which region is expected to show significant growth in the coming years?

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TOC of the global Anti-Money Laundering Software Market report:

Chapter 1, describes the Anti-Money Laundering Software Market  Introduction, market overview, product offerings, growth opportunities, market risks, driving forces, and challenges.

Chapter 2, analyzes the key manufacturers of Anti-Money Laundering Software Market , along with the sales, revenue, and price of Anti-Money Laundering Software Market , in the forecast period.

Chapter 3, studies the competitive situation among the major manufacturers and vendors, with sales, revenue, and market share.

Chapter 4, analyzes the global market by regions, with sales, revenue, and market share of Anti-Money Laundering Software Market, for each region, from 2020 to 2032.

Chapters 5, 6, 7, 8 and 9, analyze the Anti-Money Laundering Software Market  by type, application, regions, and manufacturers, with sales, revenue, and market share by key countries in these regions…Continued

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About Emergen Research

Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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