Europe Anti-Money Laundering Solution Market Size is Expected to Boost the Demand and Growth by 2027 – Business Market Insights
The Europe anti-money laundering solution market is expected to grow from US$ 435.15 million in 2019 to US$ 1,713.02 million by 2027; it is estimated to grow at a CAGR of 16.3 % from 2020 to 2027.
“Europe
Anti-Money Laundering Solution Market” study by The Business
Market Insights provides details about the market dynamics affecting the
market, Market scope, Market segmentation and overlays shadow upon the leading
market players highlighting the favorable competitive landscape and trends
prevailing over the years.
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Leading Europe Anti-Money Laundering Solution market
Players:
·
Accenture
·
ACI
WORLDWIDE, INC.
·
BAE
Systems plc
·
LexisNexis
Risk Solutions Group
·
Nasdaq
Inc.
·
NICE
Ltd.
·
Open
Text Corporation
·
Oracle
Corporation
·
SAS
Institute Inc.
Rising focus of FinTech on implementing automated anti-money
laundering systems is expected to accelerate the Europe anti-money laundering
solution market. The growth in technological advancements across Europe is
increasing the number of cyber criminals. However, FinTech firms have the
potential to help banks around the Europe to stay competitive in the market.
Whether tracking digital currency, machine learning, or connecting data, more
robust systems combined with advances in technology has opened up possibilities
in the fight against money laundering.
The report is a combination of qualitative and quantitative
analysis of the Europe Anti-Money Laundering Solution Market. The report also
focuses on the exhaustive PEST analysis and extensive market dynamics during
the forecast period.
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Europe Anti-Money Laundering Solution Market Segmentation
By Component
·
Software
·
Services
By Deployment Type
·
On-Premises
·
Cloud
By Product
·
Transaction Monitoring
·
Compliance management
·
Currency transaction reporting
·
Customer identity management
Reason to Buy
·
Save and reduce time carrying out entry-level
research by identifying the growth, size, leading players and segments in the
regional Europe Anti-Money Laundering Solution market.
·
Highlights key business priorities in order to
guide the companies to reform their business strategies and establish
themselves in the wide geography.
·
The key findings and recommendations highlight
crucial progressive industry trends in the Europe Anti-Money Laundering
Solution market, thereby allowing players to develop effective long term
strategies in order to garner their market revenue.
·
Develop/modify business expansion plans by using
substantial growth offering developed and emerging markets.
·
Scrutinize in-depth regional market trends and
outlook coupled with the factors driving the market, as well as those
restraining the growth at a certain extent.
·
Enhance the decision-making process by
understanding the strategies that underpin commercial interest with respect to
products, segmentation and industry verticals.
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