Global Transaction Monitoring Software Market - Drivers, Restraints & Opportunities to 2026 - ResearchAndMarkets.com

DUBLIN--()--The "Transaction Monitoring Software Market: Global Opportunity Analysis and Industry Forecast, 2019-2026" report has been added to ResearchAndMarkets.com's offering.

According to this report, the global transaction monitoring software market was valued at $7,957.14 million in 2018, and the is projected to reach $25.41 billion by 2026, growing at a CAGR of 15.70% from 2019 to 2026.

Transaction monitoring is the process of administering, reviewing, and analyzing the transaction processed on an information system or on a business application. The main function of transaction monitoring is to monitor the customer transactions, which include assessing customers' historical as well as current information and interactions to provide a complete picture of the customer activity. This activity includes withdrawals, transfers, and deposits. It is mainly done to evaluate the overall performance of the transaction processing system. Transaction monitoring software helps banks and other financial organizations to monitor customer transactions in real-time for analyzing different risks. It measures the response time performance of each component as well as the links between any of the components. Different organizations such as development and test organizations are also using transaction monitoring during the pre-production phase for identifying different potential bottlenecks.

Increase in the digitization of payments and need for mitigating money laundering and managing KYC compliance and CTF activities are the major factors that drive the growth of the market. In addition, surge in the need for identifying high risk activities by using advance analytics, need for organizations to comply with stringent regulatory agreements, and surge in the need of data protection regulations and lack of high-cost security solution within the payment network infrastructure fuels the growth of the market. However, lack of transaction monitoring and AML professionals and difficulties in managing cross-border and multi-jurisdictional AML-compliance hampers the growth of the market. Furthermore, integration of advance technology such AI, machine learning and big data and increase in the deployment of transaction monitoring system by SMEs are anticipated to provide lucrative opportunity for the market growth.

Key benefits for stakeholders

  • The study provides an in-depth analysis of the global transaction monitoring software market along with the current & future trends to elucidate the imminent investment pockets.
  • Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.
  • Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
  • The quantitative analysis of the global transaction monitoring software market for the period 2018-2026 is provided to determine the market potential.

Key Findings of the Transaction Monitoring Software Market:

  • By component, the solution segment led the transaction monitoring software market size in terms of revenue in 2018.
  • By organization size, the large enterprises accounted for the highest transaction monitoring software share in 2018.
  • By region, North America generated the highest revenue in 2018.
  • Depending on industry vertical, the government & defense segment is anticipated to exhibit substantial growth during the forecast period.

Key Topics Covered:

Chapter 1: Introduction

1.1. Report Description

1.2. Key Benefits For Stakeholders

1.3. Key Market Segments

1.4. Research Methodology

1.4.1. Secondary Research

1.4.2. Primary Research

1.4.3. Analyst Tools & Models

Chapter 2: Executive Summary

2.1. Key Findings

2.2. CXO Perspective

Chapter 3: Market Overview

3.1. Market Definition And Scope

3.2. Key Forces Shaping Global Risk Management Software Market

3.3. Case Studies

3.4. Market Dynamics

3.5. Evolution Of Transaction Monitoring

Chapter 4: Transaction Monitoring Software Market, By Component

4.1. Overview

4.2. Solution

4.3. Service

Chapter 5: Global Transaction Monitoring Software Market, By Deployment Mode

5.1. Overview

5.2. On-Premise

5.3. Cloud-Based

Chapter 6: Global Transaction Monitoring Software Market, By Enterprise Size

6.1. Overview

6.2. Large Enterprises

6.3. Small & Medium Enterprises

Chapter 7: Transaction Monitoring Software Market, By Application

7.1. Overview

7.2. Anti-Money Laundering

7.3. Customer Identity Management

7.4. Fraud Detection And Prevention

7.5. Compliance Management

Chapter 8: Global Transaction Monitoring Market, By Industry Vertical

8.1. Overview

8.2. Bfsi

8.3. Government & Defense

8.4. Retail

8.5. It & Telecom

8.6. Healthcare

8.7. Energy & Utilities

8.8. Manufacturing

8.9. Others

Chapter 9: Global Transaction Monitoring Software Market, By Region

9.1. Overview

9.2. North America

9.3. Europe

9.4. Asia-Pacific

9.5. LAMEA

Chapter 10: Competitive Landscape

10.1. Introduction

Chapter 11: Company Profiles

11.1. Aci Worldwide, Inc.

11.2. Bae Systems

11.3. Fair Isaac Corporation

11.4. Fiserv, Inc.

11.5. Fis

11.6. Nice Ltd.

11.7. Oracle Corporation

11.8. Sas Institute Inc.

11.9. Software Ag

11.10. Thomson Reuters Corporation

For more information about this report visit https://www.researchandmarkets.com/r/5b3tz

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900