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Biometrics providers extend reach as AML market forecast to reach $3.5B in 4 years
May 18, 2023, 5:07 p.m. | Chris Burt
Biometric Update www.biometricupdate.com
Growth in the global anti-money laundering (AML) software solution market will be “vibrant” through 2027, according to market analysis firm Research Nester, reaching $3.5 billion in value on 16 percent compound annual growth from a 2018 baseline.
The forecast in the ‘Anti-Money Laundering (AML) Software Solution Market: Global Demand Analysis & Opportunity Outlook 2027’ report includes transaction monitoring systems, currency transaction reporting, and compliance management software, in addition to customer identity management systems.
The market is gearing up for growth …
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