Global transaction monitoring market is anticipated to grow at a CAGR of around 15% during the forecast period. The global transaction monitoring market was valued at over $ 8 billion in 2018 and is expected to witness progressive growth by 2024. The reason for the growth of the transaction monitoring market includes need to manage KYC compliance, mitigate money laundering and Counter-Terrorist Financing (CTF) activities. Moreover, corruption along with terrorist financing are some of the major concerns for global organizations. These issues result in increasing terrorist activities, drug smuggling, human trafficking, and other illegal activities. Therefore, the organizations are shifting their focus towards deploying various security solutions to restrict criminals from money laundering, which shuts off the cash flow and help reduce criminal activities. Furthermore, increasing awareness about the security solutions and growing fear of privacy interruption might hamper the growth of the market in the forthcoming years.

Global transaction monitoring market can be segmented based on component, application, function, end-use, deployment mode, organization size and regional analysis. Based on organisation size, the market can be segmented into small & medium-sized enterprises and large enterprises. Among them, the SMEs segment is predicted to report the highest CAGR during the forecast period, which can be attributed to increasing data protection regulations and lack of high-cost security solution within the payment network infrastructure. SMEs are small in terms of their size but cater to many customers globally. Based on deployment mode, the market is segregated into on-premises and cloud, of which the latter holds the major share of the market and is poised to grow at high rate during the next five years as well as small and medium-sized enterprises are implementing the cost-effective cloud deployment mode. This model helps SMEs to avoid the costs associated with hardware, software, storage, and technical staff.

The major players operating in the global transaction monitoring market include BAE Systems, FICO, Infrasoft Technologies, IdentityMind, ComplyAdvantage, ACI Worldwide, Oracle, NICE, Software AG and SAS. Major companies are developing advanced technologies in order to stay competitive in the market.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

  • To analyze and forecast the market size of global transaction monitoring market.
  • To classify and forecast global transaction monitoring market based on component, application, function, end-use, deployment mode, organization size and regional distribution.
  • To identify drivers and challenges for global transaction monitoring market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global transaction monitoring market.
  • To identify and analyze the profile of leading players operating in the global transaction monitoring market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels and presence of all major service providers across the globe.

TechSci Research calculated the market size of global transaction monitoring market by using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

·         Transaction monitoring service providers

·         Research organizations and consulting companies

·         Trade Associations, organizations, forums and alliances related to transaction monitoring

·         Government bodies such as regulating authorities and policy makers

·         Industry associations

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global transaction monitoring market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Component:
    • Solution
    • Services
  • Market, by Application:
    • AML
    • FDP
    • Compliance Management
    • Customer Identity Management
  • Market, by Function:
    • Case Management
    • KYC/Customer Onboarding
    • Dashboard & Reporting
    • Watch List Screening
  • Market, by End-Use:
    • Retail
    • BFSI
    • Government
    • Defence
    • Utilities
    • Manufacturing
    • Healthcare
    • Others
  • Market, by Deployment Mode:
    • On-premises
    • Cloud
  • Market, by Organization Size:
    • Small & Medium-sized Enterprises
    • Large enterprises
  • Market, by Region:
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
    • South America
      • Brazil
      • Argentina

§  Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global transaction monitoring market

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
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1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

5.    Global Transaction Monitoring System Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Component (Solution Vs Services)

5.2.2.     By Application (AML, FDP, Compliance Management, and Customer Identity Management)

5.2.3.     By Function (Case Management, KYC/Customer Onboarding, Dashboard & Reporting and Watch List Screening)

5.2.4.     By End-Use (Retail, BFSI, Government, Defence, Utilities, Manufacturing, Healthcare and Others)

5.2.5.     By Deployment Mode (On-premises Vs Cloud)

5.2.6.     By Organization Size (Small & Medium-sized Enterprises and Large enterprises)

5.2.7.     By Region

5.2.8.     By Company (2018)

5.3.  Market Attractiveness Index

6.    North America Transaction Monitoring System Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Component

6.2.2.     By Application

6.2.3.     By Function

6.2.4.     By End-Use

6.2.5.     By Organization Size

6.2.6.     By Country (United States; Canada; Mexico and Rest of North America)

6.3.  North America: Country Analysis

6.3.1.     United States Transaction Monitoring System Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Component

6.3.1.2.2.             By Application

6.3.1.2.3.             By Organization Size

6.3.2.     Canada Transaction Monitoring System Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Component

6.3.2.2.2.             By Application

6.3.2.2.3.             By Organization Size

6.3.3.     Mexico Transaction Monitoring System Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Component

6.3.3.2.2.             By Application

6.3.3.2.3.             By Organization Size

7.    Europe Transaction Monitoring System Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Component

7.2.2.     By Application 

7.2.3.     By Function

7.2.4.     By End-Use

7.2.5.     By Organization Size

7.2.6.     By Country (France; Germany; UK; Italy; Spain and Rest of Europe)

7.3.  Europe: Country Analysis

7.3.1.     France Transaction Monitoring System Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Component

7.3.1.2.2.             By Application

7.3.1.2.3.             By Organization Size

7.3.2.     Germany Transaction Monitoring System Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Component

7.3.2.2.2.             By Application

7.3.2.2.3.             By Organization Size

7.3.3.     United Kingdom Transaction Monitoring System Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Component

7.3.3.2.2.             By Application

7.3.3.2.3.             By Organization Size

7.3.4.     Italy Transaction Monitoring System Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Component

7.3.4.2.2.             By Application

7.3.4.2.3.             By Organization Size

7.3.5.     Spain Transaction Monitoring System Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Component

7.3.5.2.2.             By Application

7.3.5.2.3.             By Organization Size

8.    Asia-Pacific Transaction Monitoring System Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Component

8.2.2.     By Application

8.2.3.     By Function

8.2.4.     By End-Use

8.2.5.     By Organization Size

8.2.6.     By Country (China; India; Japan; South Korea; Australia; and Rest of Asia Pacific)

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Transaction Monitoring System Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Component

8.3.1.2.2.             By Application

8.3.1.2.3.             By Organization Size

8.3.2.     India Transaction Monitoring System Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Component

8.3.2.2.2.             By Application

8.3.2.2.3.             By Organization Size

8.3.3.     Japan Transaction Monitoring System Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Component

8.3.3.2.2.             By Application

8.3.3.2.3.             By Organization Size

8.3.4.     South Korea Transaction Monitoring System Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Component

8.3.4.2.2.             By Application

8.3.4.2.3.             By Organization Size

8.3.5.     Australia Transaction Monitoring System Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Component

8.3.5.2.2.             By Application

8.3.5.2.3.             By Organization Size

9.    Middle East and Africa Transaction Monitoring System Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Component

9.2.2.     By Application

9.2.3.     By Function

9.2.4.     By End-Use

9.2.5.     By Organization Size

9.2.6.     By Country (UAE; Saudi Arabia; South Africa and Rest of Middle East & Africa)

9.3.  MEA: Country Analysis

9.3.1.     South Africa Transaction Monitoring System Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Component

9.3.1.2.2.             By Application

9.3.1.2.3.             By Organization Size

9.3.2.     Saudi Arabia Transaction Monitoring System Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Component

9.3.2.2.2.             By Application

9.3.2.2.3.             By Organization Size

9.3.3.     UAE Transaction Monitoring System Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Component

9.3.3.2.2.             By Application

9.3.3.2.3.             By Organization Size

10.  South America Transaction Monitoring System Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Component

10.2.2.  By Application

10.2.3.  By Function

10.2.4.  By End-Use

10.2.5.  By Organization Size

10.2.6.  By Country (Brazil; Argentina; Colombia; and Rest of South America)

10.3.              South America: Country Analysis

10.3.1.  Brazil Transaction Monitoring System Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Component

10.3.1.2.2.           By Application

10.3.1.2.3.           By Organization Size

10.3.2.  Argentina Transaction Monitoring System Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Component

10.3.2.2.2.           By Application

10.3.2.2.3.           By Organization Size

10.3.3.  Colombia Transaction Monitoring System Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Component

10.3.3.2.2.           By Application

10.3.3.2.3.           By Organization Size

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

13.  Competitive Landscape

13.1.              Competition Outlook

13.2.              Company Profiles

13.2.1.  BAE Systems

13.2.2.  FICO

13.2.3.  Infrasoft Technologies

13.2.4.  IdentityMind

13.2.5.  ComplyAdvantage

13.2.6.  ACI Worldwide

13.2.7.  Oracle

13.2.8.  NICE

13.2.9.  Software AG

13.2.10. SAS

 

14.  Strategic Recommendations

15.  About Us and Disclaimer

 (Note: The companies list can be customized based on the client requirements.)

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com