Worldwide Transaction Monitoring Software Industry to 2027 - Featuring BAE Systems, ComplyAdvantage and FIS Among Others

DUBLIN, June 1, 2022 /PRNewswire/ -- The "Transaction Monitoring Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global transaction monitoring software market reached a value of US$ 12.67 billion in 2021. Looking forward, the market is projected to reach a value of US$ 29.53 billion by 2027, exhibiting a CAGR of 14.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use industries. These insights are included in the report as a major market contributor.

Transaction monitoring software helps in the real-time and regular monitoring of activities of financial institutions. It analyzes the historical information and account profile of consumers to take measures and mitigate money laundering risks by determining risks at the customer level.

A transaction monitoring software provides alerts when a transaction is made against a customer profile and violates a rule. These solutions offer various benefits, which include expansion of transaction circle, detecting of financial crimes, easy access to necessary information, compliance with changing regulations and prevention of financial sanctions and risks. At present, transaction monitoring solutions are extensively used in the government and defense, retail and eCommerce, information technology (IT), telecom, healthcare, energy and utilities, manufacturing, and banking, financial services and insurance (BFSI) industries.

Transaction Monitoring Software Market Trends

A rapid rise in the digital payments and increasing instances of money laundering are some of the primary factors driving the growth of the global transactional monitoring software market. Additionally, the emerging need for effectively managing know you customer (KYC) compliance and counter-terrorist financing (CTF) activities are further fueling the market growth. In line with this, organizations have started using advance analytics to identify high risk activities, which is contributing to the growth of the market.

Other than this, the rapidly evolving regulatory framework to eliminate financial threats has led market players to adopt high-technology transactional monitoring software, which is positively influencing the market growth. Moreover, governments of various nations have been undertaking several initiatives to spread awareness regarding the benefits of these systems across different industries. This, in turn, is creating a positive outlook for the market.

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being ACI Worldwide Inc., BAE Systems plc, ComplyAdvantage, Experian plc, Fair Isaac Corporation, FIS, Fiserv Inc., NICE Ltd., Oracle Corporation, SAS Institute Inc., Software AG and Thomson Reuters Corporation.

Key Questions Answered in This Report

• How has the global transaction monitoring software market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global transaction monitoring software market?
• What are the key regional markets?
• What is the breakup of the market based on the component?
• What is the breakup of the market based on the deployment mode?
• What is the breakup of the market based on the enterprise size?
• What is the breakup of the market based on the application?
• What is the breakup of the market based on the End-use industry?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global transaction monitoring software market and who are the key players?
• What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Transaction Monitoring Software Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Component
6.1 Solution
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Market Forecast

7 Market Breakup by Deployment Mode
7.1 On-premises
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Cloud-based
7.2.1 Market Trends
7.2.2 Market Forecast

8 Market Breakup by Enterprise Size
8.1 Small and Medium-sized Enterprises
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Large Enterprises
8.2.1 Market Trends
8.2.2 Market Forecast

9 Market Breakup by Application
9.1 Anti-Money Laundering
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Customer Identity Management
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Fraud Detection and Prevention
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Compliance Management
9.4.1 Market Trends
9.4.2 Market Forecast

10 Market Breakup by End Use Industry
10.1 BFSI
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Government and Defense
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 IT and Telecom
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Retail
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Healthcare
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Energy and Utilities
10.6.1 Market Trends
10.6.2 Market Forecast
10.7 Manufacturing
10.7.1 Market Trends
10.7.2 Market Forecast
10.8 Others
10.8.1 Market Trends
10.8.2 Market Forecast

11 Market Breakup by Region

12 SWOT Analysis

13 Value Chain Analysis

14 Porters Five Forces Analysis

15 Price Analysis

16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 ACI Worldwide Inc.
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.1.4 SWOT Analysis
16.3.2 BAE Systems plc
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.2.4 SWOT Analysis
16.3.3 ComplyAdvantage
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.4 Experian plc
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.5 Fair Isaac Corporation
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Financials
16.3.5.4 SWOT Analysis
16.3.6 FIS
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.6.4 SWOT Analysis
16.3.7 Fiserv Inc.
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.7.4 SWOT Analysis
16.3.8 NICE Ltd.
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.8.4 SWOT Analysis
16.3.9 Oracle Corporation
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.9.4 SWOT Analysis
16.3.10 SAS Institute Inc.
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 SWOT Analysis
16.3.11 Software AG
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
16.3.12 Thomson Reuters Corporation
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.12.3 Financials
16.3.12.4 SWOT Analysis

For more information about this report visit https://www.researchandmarkets.com/r/ti6t3s

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