Reportsbyjames21 Apr, 2023Business
The anti-money laundering software market is expected to grow from USD 1.1 billion in 2020 to USD 2.5 billion by 2026 at a CAGR of over 15.2% during the forecast period of 2021-2026. Widespread product use in banking and financial sector due to presence of large unstructured data. Increasing incidences of money laundering across verticals. In addition to this, rising product adoption in the end-use industries is likely to create lucrative opportunities for the players operating in the market in the coming years.
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