Transaction Monitoring Market Growth New Business Opportunities and Challenges, Upcoming Trends, Future Planning & Forecast to 2028
Global Transaction Monitoring Market,
By Component (Solutions, Services), Function (Case Management, KYC/Customer
Onboarding, Dashboard and Reporting, Watch List Screening), Deployment Model
(0n-Premises, Cloud), Organization Size (Small and Medium-Sized Enterprises,
Large Enterprises), Application Area (Anti-money Laundering, Customer Identity
Management, Fraud Detection and Prevention, Compliance Management), End User
(Banking, Financial Services, and Insurance, Government and Defense, IT and
Telecom, Retail, Healthcare, Energy and Utilities, Manufacturing,
Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South
America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium,
Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea,
Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of
Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle
East and Africa) Industry Trends and Forecast to 2028
The growing use of advanced analytics to provide
proactive risk alerts have been directly influencing the growth of transaction
monitoring market over the forecast period of 2021 to 2028. Also the rising
organizations’ need to comply with strict regulatory compliances and growing
need to manage KYC compliance and ease money laundering and CTF activities are
also flourishing the growth of the transaction monitoring market. Also the easy
changing regulatory environment is also positively impacting the growth of the
market. Furthermore, to improve risk management and reduce false positives,
anti-money laundering automation is the only way solution for all trade in the
sector which is also acting as an active growth driver towards the growth
of the transaction monitoring market. However, the dearth of risk analysis
professionals as well as the growing requirement of highly advanced skills are
acting as the major restrictions for the growth of transaction monitoring in
the above mentioned forecasted period, whereas the increasing complication in
managing cross-border and multi-jurisdictional AML compliance can challenge the
transaction monitoring market growth in the forecast period of 2021 to
2028.Likewise, the incorporation of artificial intelligence, machine
learning and big data analytics along with growing digitalization in
payment transaction process will further cater ample new opportunities that
will lead to the growth of the transaction monitoring market in the above
mentioned forecasted period.
Transaction Monitoring Market size is valued at USD 34.82 billion by
2028 and is expected to grow at a compound annual growth rate of 15.67% in the
forecast period of 2021 to 2028. Data Bridge Market Research report on
transaction monitoring provides analysis and insights regarding the various
factors expected to be prevalent throughout the forecasted period while
providing their impacts on the market’s growth. Transaction monitoring also
known as business transaction is the procedure which is used in the businesses
so that they can verify, analyze and manage the transaction that took place in
the information system. They also assist the banks and other financial
institute to maintain the track of the transaction done by the customers. The
main focus is to analyze the customer profile and make sure that no doubtful
activity should take place. This transaction monitoring market report provides
details of new recent developments, trade regulations, import export analysis,
production analysis, value chain optimization, market share, impact of domestic
and localized market players, analyses opportunities in terms of emerging
revenue pockets, changes in market regulations, strategic market growth
analysis, market size, category market growths, application niches and
dominance, product approvals, product launches, geographic expansions,
technological innovations in the market. To gain more info on transaction
monitoring market contact Data Bridge Market Research for an Analyst Brief, our
team will help you take an informed market decision to achieve market growth.
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Transaction
Monitoring Market Scope and Market Size:
Transaction monitoring market is segmented on the basis
of component, function, deployment model, organization size, application area
and end user. The growth among segments helps you analyze niche pockets of
growth and strategies to approach the market and determine your core
application areas and the difference in your target markets.
The component segment of the transaction monitoring
market is segmented into solutions and services. Services have further been
segmented into professional services and managed services. Professional
services have further been sub-segmented into consulting services, integration
services, training and education and support and maintenance.
Based on function, the transaction monitoring market is
segmented into case management, KYC/customer onboarding, dashboard and
reporting and watch list screening.
On the basis of deployment model, the transaction
monitoring market is segmented into on-premises and cloud.
Transaction monitoring market is segmented on the basis
of organization size into small and medium-sized enterprises and large
enterprises.
Based on application area, the transaction monitoring
market is segmented into anti-money laundering, customer identity management,
fraud detection and prevention and compliance management.
On the basis of end user, the transaction monitoring
market is segmented into banking, financial services, and insurance, government
and defense, IT and telecom, retail, healthcare, energy and
utilities, manufacturing and others.
Major Market Competitors/Players:
The major players covered in the transaction monitoring
market report are FICO, Oracle, BAE Systems, Fiserv, Inc., SAS Institute Inc.,
Experian Information Solutions, Inc., FIS, ACI Worldwide, Inc., Software AG,
Refinitiv, ComplyAdvantage, InfrasoftTech, CaseWare International Inc.,
ACTICO GmbH, Bottomline Technologies (de), Inc., Beam Solutions, Inc.,
NICE Ltd., EastNets, Acuant, Inc., and ComplianceWise among other domestic and
global players. Market share data is available for global, North America,
Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America
separately. DBMR analysts understand competitive strengths and provide
competitive analysis for each competitor separately.
Key Pointers Covered in
the Transaction
Monitoring Market:
Market New Sales Volumes
Market Replacement Sales Volumes
Market Installed Base
Market by Brands
Market Procedure Volumes
Market Product Price Analysis
Market Healthcare Outcomes
Market Cost of Care Analysis
Market Regulatory Framework and Changes
Prices and Reimbursement Analysis
Market Shares in Different Regions
Recent Developments for Market Competitors
Market Upcoming Applications
Market Innovators Study
MAJOR TOC OF THE
REPORT:
Chapter One: Transaction Monitoring Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Transaction Monitoring Market Competition,
by Players
Chapter Four: Transaction Monitoring Market Size by
Regions
Chapter Five: Transaction Monitoring Market Revenue by
Countries
Chapter Six: Transaction Monitoring Market Revenue by
Type
Chapter Seven: Transaction Monitoring Market Revenue
by Application
Chapter Eight: Transaction Monitoring Market Revenue by
Industries
Chapter Nine: Transaction Monitoring Market Revenue by
Deployment Model
Chapter Ten: Transaction Monitoring Market Revenue by End
User
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Content on Request @ https://www.databridgemarketresearch.com/toc/?dbmr=global-transaction-monitoring-market
Reasons for Buying
this Transaction Monitoring Market Report
Laser Capture Transaction Monitoring Market report aids
in understanding the crucial product segments and their perspective.
Initial graphics and exemplified that a SWOT evaluation
of large sections supplied from the Laser Capture Transaction Monitoring Market
industry.
Even the Laser Capture Transaction Monitoring Market
economy provides pin line evaluation of changing competition dynamics and
retains you facing opponents.
This report provides a more rapid standpoint on various
driving facets or controlling Medical Robotic System promote advantage.
This worldwide Locomotive report provides a pinpoint test
for shifting dynamics that are competitive.
The key questions
answered in this report:
What will be the Market Size and Growth Rate in the
forecast year?
What is the Key Factors driving Laser Capture Transaction
Monitoring Market?
What are the Risks and Challenges in front of the market?
Who are the Key Vendors in Transaction Monitoring Market?
What are the Trending Factors influencing the market shares?
What is the Key Outcomes of Porter’s five forces model
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