Transaction Monitoring Software Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The Transaction Monitoring Software Market is expected to grow at a CAGR of 14% over the forecast period 2021-2027. Identifying suspicious transactions and analyzing customer transactions are key attributes of transaction monitoring. Also, to improve risk management and reduce false positives, Anti-Money Laundering (AML) automation is the only solution for all businesses in the sector and is a trend in the future market. Companies are looking for ways to implement intelligence in AML and process big data in real time when needed. Build predictive modeling to assess your customers’ future risks and use machine learning (ML) to dramatically accelerate human subject-specific expertise. Regulatory authorities are also looking for artificial intelligence and machine-based learning (ML) to help build supervision, analysis, reporting and money laundering scenarios that quickly catch or prevent crimes completely.

Key Market Players

• ACI Worldwide Inc.
• BAE Systems
• Fair Isaac Corporation
• Fiserv Inc.
• FIS
• Nice Ltd.
• Oracle Corporation
• SAS Institute
• Software AG
• Thomson Reuters Corporation

Transaction Monitoring Software Market Segments:

By Component

• Software
• Service

By Deployment Mode

• On-Premise
• Cloud

By Organization Size

• Large Enterprises
• Small & Medium Enterprises 

By Application Area

• Anti-Money Laundering (AML)
• Customer Identity Management 
• Fraud Detection and Prevention (FDP)
• Compliance Management 

By Industry vertical

• BFSI
• Government & Defense 
• IT & Telecom
• Retail
• Healthcare
• Energy & Utilities
• Manufacturing
• Other

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Transaction Monitoring Software Market Report

• What was the Transaction Monitoring Software Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Transaction Monitoring Software Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Transaction Monitoring Software Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.