Anti-money Laundering Software Market To Grow At A Cagr Of 15.01% From 2022 To 2027, Increasing Need For Risk Management To Drive Growth

The global anti-money laundering software market size is estimated to grow by USD 2,763.04 million from 2022 to 2027, with a CAGR of 15.01%. The increasing need for risk management is driving the market growth, although factors such as the high cost of implementation may impede the market growth. Technavio has segmented the market based on deployment (on-premises and cloud-based) and component (software and services). Geographically, North America is expected to dominate the market during the forecast period.