The global anti-money laundering (AML) tools market is experiencing rapid growth, driven by increasing governmental focus on combating money laundering and terrorism financing, coupled with a surge in reported money laundering cases worldwide. Major advancements in cloud infrastructure by leading companies are expected to open up significant growth opportunities across vulnerable regions. A recent study by strategic consulting and market research firm Report Ocean indicates that the global anti-money laundering tools market was valued at USD 2,133.2 million in 2021 and is projected to grow at a robust CAGR of 17.58% during the forecast period from 2022 to 2030, reaching USD 8,844.3 million by 2030. This growth is fueled by government initiatives globally and an increasing number of suspicious transactions reported. The adoption of blockchain technology has also played a pivotal role in enhancing the efficacy of AML tools.
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