Global Anti-Money Laundering (AML) Software market cagr 9.5%

Anti-Money Laundering (AML) Software Market Anti-Money Laundering (AML) Software Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031 Request Sample Report

Anti-Money Laundering (AML) Software Market Size and Growth The global Anti-Money Laundering (AML) Software market is witnessing significant growth due to increasing regulatory compliance and measures against money laundering. The market size was valued at USD 1.17 billion in 2020 and is projected to reach USD 3.29 billion by 2028, growing at a CAGR of 13.7%. Factors such as technological advancements, rising adoption of digital banking, and a growing number of financial crimes are driving market growth.

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Companies Covered (Covid 19 Impact Covered) ◍ ◍ ◍ ◍ ◍ ◍ ◍ ◍ ◍ ◍ ◍ ◍ ◍ ◍ ◍ ◍ ◍ ◍

The AML software market is highly competitive, with major players including Oracle, Thomson Reuters, Fiserv, SAS, FIS (SunGard), Experian, ACI Worldwide, Fico, Banker’s Toolbox, Nice Actimize, CS&S, Verafin, EastNets, AML360, Aquilan, AML Partners, Truth Technologies, Accuity (Safe Banking Systems), and BAE Systems.

These companies deliver advanced AML solutions, helping organizations detect, prevent, and mitigate money laundering activities. They contribute to the growth of the AML software market by offering innovative technologies, comprehensive features, and robust compliance solutions. Some of the sales revenue figures are:

Oracle Thomson Reuters Fiserv SAS FIS (SunGard) Experian ACI Worldwide Fico Banker’s Toolbox Nice Actimize - Oracle: $39.5 billion (2020) CS&S - Thomson Reuters: $5.90 billion (2020) Verafin - Fiserv: $10.21 billion (2020) EastNets - SAS: $3.24 billion (2019) AML360 - Experian: $5.2 billion (2020) Aquilan - FIS (SunGard): $12.58 billion (2020) AML Partners -Sample ACI Worldwide: $1.18 billion (2020) Request Report Truth Technologies Accuity (Safe Banking Systems)

Market Segmentation

By Application ◍ Tier 1 Financial Institution ◍ Tier 2 Financial Institution

By Product ◍ Cloud-based ◍ On-premise

◍ Tier 3 Financial Institution ◍ Tier 4 Financial Institution

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Market Growth $ X Billion USD

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