Market research

Evolution of the Financial Crime and Fraud Management Solutions Market in the Digital Age

  • The financial crime and fraud management solutions market is expected to register a CAGR of ~ 4% between 2019 and 2027. The market is projected to be driven by the rising number of financial fraud cases, globally.
  • The global financial crime and fraud management solutions market is expected to reach ~ US$ 1.5 Bn by 2027, from ~ US$ 1.1 Bn in 2019. Stringent government regulations for financial data privacy are boosting the financial crime and fraud management solutions market.
  • The financial crime and fraud management solutions market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period, followed by Europe.
  • North America remains the dominant leader in the global financial crime and fraud management solutions market, with revenues in 2019 estimated at ~ US$ 690 Mn. Increasing number of bank account holders is expected to exponentially drive the financial crime and fraud management solutions market.
  • Asia Pacific is projected to see high growth in the global financial crime and fraud management solutions market during the forecast period. This is due to drastic financial inclusion as well as rise in financial cybercrimes in this region. 

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Financial Crime and Fraud Management Solutions Market: Definition

  • The financial crime and fraud management solutions market report provides analysis of the global financial crime and fraud management solutions market for the period of 2017–2027, wherein, 2018 is the base year, and 2019 to 2027 is the forecast period. Data for 2017 has been included as historical information.
  • In this report, we analyze the growth drivers that are enhancing the value of the financial crime and fraud management solutions market, and how financial organizations can reduce and measure the risks related to liquidity and asset and liabilities portfolios. Moreover, strict government regulations as well as concerns over financial loss have increased the need for financial crime and fraud management solutions.

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