Anti-Money Laundering Market is expected to reach US$ 13.54 Billion by 2031

Soaring Demand for Cross-Border Anti-Money Laundering Solutions Amid Global Financial Integration Boosts Anti-Money Laundering Market Growth

According to our latest study titled "Anti-Money Laundering Market Forecast to 2031 – Global and Regional Share, Trend, and Growth Opportunity Analysis – by offerings, deployment, enterprise size, and end-use industry," the market was valued at US$ 4.21 billion in 2024 and is projected to reach US$ 13.54 billion by 2031; it is estimated to register a CAGR of 18.3% from 2025 to 2031. The report includes growth prospects in light of current Anti-Money Laundering market trends and factors influencing the market expansion.

Cross-border anti-money laundering solutions enable institutions to comply with varying regional regulations while maintaining consistent monitoring standards. They support enhanced information sharing and collaboration between regulatory bodies and financial institutions, which is critical for detecting suspicious activities that span multiple countries. These solutions help institutions manage risks related to correspondent banking, international wire transfers, and offshore accounts more effectively. In June 2025, ThetaRay, a global leader in Cognitive AI financial crime compliance, and Spayce, a cross-border payments platform, announced a strategic partnership to combat evolving financial threats and enhance global payment security. With this partnership, Spayce has integrated ThetaRay’s Cognitive AI Transaction Monitoring solution into its global payments system to improve financial crime detection. Using advanced AI, the solution continuously analyzes large transaction volumes to identify subtle suspicious activities and complex fraud schemes with accuracy. These features enhance Spayce’s compliance and support secure, scalable growth by making regulatory readiness a key business advantage.

Anti-Money Laundering Market – by Region, 2024 and 2031

The rising international regulatory cooperation, such as initiatives led by the FATF and regional bodies, is driving the demand for anti-money laundering technologies that support cross-border compliance. Organizations are investing in platforms capable of handling multi-jurisdictional reporting requirements and adapting to different regulatory environments without compromising operational efficiency. As global trade and finance are evolving, the demand for anti-money laundering solutions that offer comprehensive cross-border capabilities is growing. Vendors that can deliver scalable, flexible, and compliance-ready platforms will be well-positioned to capitalize on this opportunity, helping financial institutions navigate the complexities of international anti-money laundering compliance while minimizing risks and costs. Thus, surging demand for cross-border anti-money laundering solutions amid global financial integration is driving the anti-money laundering market growth.

The anti-money laundering market is segmented on the basis of offerings, deployment, enterprise size, and end-use industry. Based on offerings, the market is bifurcated into solutions and services. The solution segment held the largest anti-money laundering solution market share in 2024. By deployment, the market is divided into on-premise and cloud-based. Per enterprise size, the market is classified into large enterprises and small and medium enterprises (SMEs). By end-use industry, the market is categorized into banking and financial institutions, insurance, gaming and gambling, and others. The banks and financial institutions segment held the largest anti-money laundering solution market share in 2024.

The scope of the Anti-Money Laundering market report is primarily divided into North America (the US, Canada, and Mexico), Europe (Spain, the UK, Germany, France, Italy, and the Rest of Europe), Asia Pacific (South Korea, China, India, Japan, Australia, and the Rest of Asia Pacific), the Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).

North America accounted for the largest Anti-Money Laundering market share in 2024. The region comprises significant associations responsible for designing and implementing the anti-money laundering regulations. The Financial Action Task Force (FATF) is an intergovernmental organization in the region that creates international policies for battling money laundering. The US, Canada, and Mexico are members of the FTAF. SAS Institute is a key provider of AML solutions in the region. Various money laundering accounts were reported in 2024. In January 2025, BioCatch, a global leader in digital fraud detection and financial crime prevention leveraging behavioral intelligence, reported receiving nearly 2 million money mule account alerts in 2024. These reports came from 257 financial institutions in 21 countries across five continents using the company’s anti-fraud, anti-scam, and financial crime solutions.

The European Union (EU) has enacted a series of AML Directives obligating member states to impose stringent regulations on financial institutions, businesses, and other entities susceptible to money laundering risks. These directives require comprehensive customer identification and verification, continuous transaction monitoring, and timely reporting of suspicious activities to national financial intelligence units. Institutions across the region are uncovering fraud and money laundering schemes. In April 2024, the European Anti-Fraud Office (OLAF) investigated a complex fraud and money laundering scheme linked to European Regional Development Fund (ERDF) resources, with an estimated financial impact of EUR 9.5 million. All these factors are anticipated to boost the anti-money laundering market growth in Europe during the forecast period.

Accenture Plc; ACI Worldwide Inc; BAE Systems Plc; EastNets; Open Text Corp; Oracle Corp; Nasdaq Inc; SAS Institute Inc; NICE Ltd; LexisNexis Risk Solutions Group; Assent Business Technology, Inc.; Ascent Technologies, Inc.; and Fiserv Inc. are among the key players profiled in the Anti-Money Laundering market report.

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