Global Transaction Monitoring Market to Reach $51.2 Billion by 2030
The global market for Transaction Monitoring estimated at US$21.3 Billion in the year 2023, is expected to reach US$51.2 Billion by 2030, growing at a CAGR of 13.4% over the period 2023-2030. Transaction Monitoring Solutions, one of the segments analyzed in the report, is expected to record 13.8% CAGR and reach US$38.3 Billion by the end of the analysis period. Growth in the Transaction Monitoring Services segment is estimated at 12.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $5.5 Billion, While China is Forecast to Grow at 17.5% CAGR
The Transaction Monitoring market in the U.S. is estimated at US$5.5 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$12.7 Billion by the year 2030 trailing a CAGR of 17.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.9% and 11.2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 10.2% CAGR.
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