Anti-Money Laundering Software Market Outlook 2026 By Size, Share, Trends, Opportunity and Forecast
Anti-Money Laundering Software Market Overview Global anti-money laundering software market was valued at more than $ 1000 million in 2019 and is forecast to grow at a CAGR of 13.90% during 2021-2026 by 2026 on account of surging demand for monitoring suspicious transaction and analyzing the customer data. With the increasing cases of money laundering, companies operating under the financial sector have started using anti-money laundering software in order to enhance security. Use of visualization tools can help the companies to reduce the time required to analyze the data and hypothesize monitoring strategies. Moreover, governments of several countries have started forming regulations to address the issue of money laundering, thereby further fueling growth in the market. Anti-Money Laundering Software Market Segments Anti-money laundering software market serves various end-users such as banking, asset management, insurance, legal service providers and others. Banking acquired the maj...