Transaction Monitoring Software Market

According to the latest report by IMARC Group, titled, “Transaction Monitoring Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, the global transaction monitoring software market reached a value of US$ XX Billion in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027.

Transaction monitoring software is commonly used to track customer transaction activities by analyzing customer profiles and historical data. It is widely adopted by financial and legal companies to identify customer authentication and prevent financial crimes. As a result, it assists multiple organizations in complying with stringent regulations while enhancing the overall efficiency of companies, which is positively influencing the market growth.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/transaction-monitoring-software-market/requestsample

Market Trends

The global market is primarily driven by the increasing incidences of money laundering activities. In line with this, the rising need to track counter-terrorist financing (CTF) activities across the globe has encouraged numerous businesses to heavily invest in the deployment of transaction monitoring software systems, which is providing an impetus to the market growth. Along with this, various technological advancements, such as the integration of these software solutions with big data and the Internet of Things (IoT), are creating a positive outlook for the market. Other factors, including rapid digitization and numerous government initiatives for controlling cyber-criminal activities, are contributing to the market growth further.

NoteWe are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

  • ACI Worldwide Inc.
  • BAE Systems plc
  • Comply Advantage
  • Experian plc
  • Fair Isaac Corporation
  • FIS
  • Fiserv Inc.
  • NICE Ltd.
  • Oracle Corporation
  • SAS Institute Inc.
  • Software AG
  • Thomson Reuters Corporation.

Ask Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/transaction-monitoring-software-market

The report has segmented the market based on component, deployment mode, enterprise size, application and end use industry.

Breakup by Component:

  • Solution
  • Services

Breakup by Deployment Mode:

  • On-premises
  • Cloud-based

Breakup by Enterprise Size:

  • Small and Medium-sized Enterprises
  • Large Enterprises

Breakup by Application:

  • Anti-Money Laundering
  • Customer Identity Management
  • Fraud Detection and Prevention
  • Compliance Management

Breakup by End Use Industry:

  • BFSI
  • Government and Defense
  • IT and Telecom
  • Retail
  • Healthcare
  • Energy and Utilities
  • Manufacturing
  • Others

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Browse Other Reports by IMARC Group:

Data Wrangling Market

Alopecia Treatment Market

Anti-Rheumatics Market

Push-to-Talk Over Cellular Market

Auto Dimming Mirror Market

Algae Products Market

Security Testing Market

Microbiome Sequencing Services Market

Ablation Devices Market

Anticoagulants Market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Tags: Market Growth, market size, Market Analysis, Market Share, Market Trends, Transaction Monitoring Software market

See Campaign: https://www.imarcgroup.com/
Contact Information:
30 N Gould St Ste R Sheridan, WY 82801 USA Email: [email protected] Website: https://www.imarcgroup.com Follow us on twitter: @imarcglobal

Tags:
Menafn, IPS, Reportedtimes, PR-Wirein, iCN Internal Distribution, Research Newswire, English