PUBLISHER: The Business Research Company | PRODUCT CODE: 1695195
PUBLISHER: The Business Research Company | PRODUCT CODE: 1695195
Transaction Monitoring Global Market Report 2025
Transaction monitoring refers to the systematic observation and analysis of financial transactions to identify and flag any suspicious activities that may indicate potential money laundering, fraud, or other illicit behaviors within a system or organization. This process involves the continuous monitoring of transactions in real-time or retrospectively, leveraging various techniques and algorithms to detect anomalies or patterns indicative of fraudulent behavior. Transaction monitoring is essential for organizations to comply with regulatory requirements, mitigate financial risks, and safeguard their reputation and assets.
The primary components of transaction monitoring encompass both solutions and services. Transaction monitoring solutions are software tools designed to aid organizations in the detection and prevention of fraudulent activities within financial transactions. These solutions can be deployed either on-premises or in the cloud, catering to organizations of varying sizes, including small and medium-sized enterprises (SMEs) and large corporations. They serve multiple applications, including anti-money laundering, customer identity management, fraud detection and prevention, and compliance management, across diverse industries such as banking, financial services, and insurance, government and defense, information technology (IT) and telecommunications, retail, healthcare, energy and utilities, manufacturing, among others. Additionally, transaction monitoring services complement these solutions by providing expert assistance in the setup, configuration, and ongoing management of transaction monitoring processes, ensuring optimal performance and adherence to regulatory standards.
The transaction monitoring market research report is one of a series of new reports from The Business Research Company that provides transaction monitoring market statistics, including transaction monitoring industry global market size, regional shares, competitors with a transaction monitoring market share, detailed transaction monitoring market segments, market trends and opportunities, and any further data you may need to thrive in the transaction monitoring industry. This transaction monitoring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The transaction monitoring market size has grown rapidly in recent years. It will grow from $17.14 billion in 2024 to $19.98 billion in 2025 at a compound annual growth rate (CAGR) of 16.6%. The growth in the historic period can be attributed to increasing use of online payment methods, increased e-commerce transactions, convenient and secure transaction, increase in the number of banking transactions and facility of online banking, increasing need for real-time detection of suspicious activities.
The transaction monitoring market size is expected to see rapid growth in the next few years. It will grow to $36.79 billion in 2029 at a compound annual growth rate (CAGR) of 16.5%. The growth in the forecast period can be attributed to increasing digital transactions, rise of cryptocurrencies and blockchain transactions, growing sophistication of financial cyber threats, increase in the deployment of transaction monitoring systems, growing demand for online shopping. Major trends in the forecast period include adoption of the transaction monitoring system, integration of advanced technologies, advancement in transaction monitoring solution incorporating AI and ML, integration of data visualization tools for intuitive transaction analysis, adoption of cloud-based transaction monitoring solutions for scalability.
The increasing prevalence of cryptocurrencies and blockchain transactions is projected to drive the growth of the transaction monitoring market in the future. Cryptocurrencies are a form of digital or virtual currency that utilize cryptography for security and function independently of a central authority. Blockchain transactions involve the transfer of cryptocurrency between parties within the blockchain network. The rising demand for cryptocurrencies and blockchain transactions is fueled by several factors, including decentralization, financial inclusion, security and transparency, and greater acceptance by institutions. Transaction monitoring in the realm of cryptocurrencies and blockchain involves tracking and analyzing financial activities to identify and prevent fraud, money laundering, and illicit transactions, thereby ensuring compliance with regulations and improving security measures. For example, in September 2024, a report from Security.org, a US-based non-governmental organization, indicated that cryptocurrency ownership among American adults had increased to 40%, up from 30% in 2023, translating to approximately 93 million individuals participating in the crypto market. Thus, the rise of cryptocurrencies and blockchain transactions is fueling the growth of the transaction monitoring market.
Major companies are leveraging advanced solutions such as software-as-a-service (SaaS) platforms. These platforms enable real-time transaction monitoring, facilitating swift detection and response to anomalies for enhanced security and compliance. For example, Fenergo Ltd., an Ireland-based SaaS company specializing in financial technology solutions, introduced a KYC and transaction compliance solution in June 2023. This solution provides real-time customer intelligence and continuous monitoring capabilities, leveraging identity verification and transaction tracking to identify suspicious behavior such as money laundering and adhere to anti-money laundering regulations. Its smart technology streamlines transaction analysis, consolidates data from various sources, and minimizes false positives.
In April 2022, Fenergo Ltd. further bolstered its position in the transaction monitoring market by acquiring Sentinels, a Netherlands-based AI-powered transaction monitoring company. This strategic acquisition enhances Fenergo's suite of offerings, enabling end-to-end Software as a Service (SaaS)-based client lifecycle management (CLM) with advanced transaction monitoring capabilities, solidifying its standing as a leader in the financial technology sector.
Major companies operating in the transaction monitoring market are International Business Machines Corporation, Oracle Corporation, BAE Systems PLC, Fiserv Inc., Fidelity National Information Services Inc., Thomson Reuters Corporation, Refinitiv Limited, Experian Information Solutions Inc., SAS Institute Inc., NICE Systems Ltd., ACI Worldwide Inc., Fair Isaac Corporation, Protiviti Inc., Software AG, CaseWare International Inc., EastNets, Jumio Corporation, Bottomline Technologies Inc., Acuant Inc., ACTICO GmbH, ComplyAdvantage Ltd., Infrasoft Technologies Limited, Beam Solutions Inc., ComplianceWise B.V., Complyadvantage
North America was the largest region in the transaction monitoring market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the transaction monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the transaction monitoring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The transaction monitoring market includes revenues earned by entities by real-time monitoring, alert generation, rule-based monitoring, and pattern recognition. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Transaction Monitoring Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on transaction monitoring market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Scope
Table of Contents
1. Executive Summary
2. Transaction Monitoring Market Characteristics
3. Transaction Monitoring Market Trends And Strategies
4. Transaction Monitoring Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market
5. Global Transaction Monitoring Growth Analysis And Strategic Analysis Framework
- 5.1. Global Transaction Monitoring PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
- 5.2. Analysis Of End Use Industries
- 5.3. Global Transaction Monitoring Market Growth Rate Analysis
- 5.4. Global Transaction Monitoring Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
- 5.5. Global Transaction Monitoring Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
- 5.6. Global Transaction Monitoring Total Addressable Market (TAM)
6. Transaction Monitoring Market Segmentation
7. Transaction Monitoring Market Regional And Country Analysis
8. Asia-Pacific Transaction Monitoring Market
9. China Transaction Monitoring Market
10. India Transaction Monitoring Market
11. Japan Transaction Monitoring Market
12. Australia Transaction Monitoring Market
13. Indonesia Transaction Monitoring Market
14. South Korea Transaction Monitoring Market
15. Western Europe Transaction Monitoring Market
16. UK Transaction Monitoring Market
17. Germany Transaction Monitoring Market
18. France Transaction Monitoring Market
19. Italy Transaction Monitoring Market
20. Spain Transaction Monitoring Market
21. Eastern Europe Transaction Monitoring Market
22. Russia Transaction Monitoring Market
23. North America Transaction Monitoring Market
24. USA Transaction Monitoring Market
25. Canada Transaction Monitoring Market
26. South America Transaction Monitoring Market
27. Brazil Transaction Monitoring Market
28. Middle East Transaction Monitoring Market
29. Africa Transaction Monitoring Market
30. Transaction Monitoring Market Competitive Landscape And Company Profiles
31. Transaction Monitoring Market Other Major And Innovative Companies
32. Global Transaction Monitoring Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The Transaction Monitoring Market
34. Recent Developments In The Transaction Monitoring Market
35. Transaction Monitoring Market High Potential Countries, Segments and Strategies
36. Appendix
