Trade Surveillance Systems Market worth USD 1,449.6 Million in 2022

Jonytoal12 Nov, 2021Business

Trade surveillance systems are adopted by companies across the globe to detect and avoid increasing incidents of market abuses, market manipulations, and unethical trading practices. Market surveillance helps organizations ensure an efficient process flow in markets, where buyers, brokers, and sellers willingly enter the market as they feel self-assured in the fairness and authenticity of transactions. Hence, the providers of trade surveillance systems, with advancements in the Software-as-a-Service (SaaS) technology, are enhancing their solutions to boost their revenue growth. Strategic partnership is an important growth strategy adopted by the key market players to develop new services and gain traction in the trade surveillance systems market. MarketsandMarkets expects the trade surveillance systems market to grow from USD 600.2 Million in 2017 to USD 1,449.6 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 19.3% during the forecast period.