Transaction Monitoring Market Expected to
Reach USD 25000 million by 2023
Global Transaction Monitoring Market Report 2019 explores future trends for
supply, demand and market growth rate, market size, prices, trading,
competition and value chain as well as Key Players of the industry’s information
with forecast from 2019 to 2023.
Global Transaction Monitoring Market Synopsis:
According to Market Analyst, In 2018, the global Transaction Monitoring market size was 8690 million
US$ and it is expected to reach 25000 million US$ by the end of 2023, with a CAGR of 16.3% during
2019-2023.
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The factors expected to drive the transaction monitoring market are the need to manage KYC
compliance, and mitigate money laundering and CTF activities and the use of advanced analytics to
provide proactive risk alerts. However, the difficulties in managing cross-border and multi-jurisdictional
AML-compliance is still a concern for organizations.
Transaction Monitoring Market has been segmented on the Basis of Type, Application, Services and
Region. Based on type, Transaction Monitoring Market can be sub segmented into AML, FDP,
Compliance Management, Customer Identity Management. In the Application segment, Market further
sub segmented into BFSI, Government and Defense, IT and Telecom, Retail, Healthcare, Energy and
Utilities, Manufacturing.
The transaction monitoring market by service includes consulting, integration, training and education,
and support and maintenance. These services help clients understand their solutions and related
processes. The solution segment is expected to hold a larger market size during the forecast period.
This report focuses on Transaction Monitoring volume and value at the global level, regional level and
company level. From a global perspective, this report represents the overall Transaction Monitoring
market size by analyzing historical data and future prospect. At the company level, this report focuses
on the production capacity, ex-factory price, revenue and market share for each manufacturer covered
in this report.
Complete report on Transaction Monitoring Market spread across 125 Pages and No. of Table of
contents. Buy Research @ https://www.businessindustryreports.com/buy-now/142793/single .
The Market is segmented and projected on the basis of major key player’s: