Posted 3/4/2024, 11:30:00 AM
Anti-Money Laundering Software Market Set to Surge to $8.8 Billion by 2032 amid Digital Payment Growth
- Anti-money laundering software market projected to reach $8.8 billion by 2032 due to rising popularity
- Software tracks suspicious financial transactions like fraud and terrorist funding
- Demand driven by growth of online/mobile payments and need to monitor fraudulent digital transactions
- Market segmented by type, enterprise, deployment, end-user, and region - banks & neobanks major end-user
- North America holds major market share; prominent players include NICE Systems, Fair Isaacson, SAS Institute, Oracle, and others