09-Jun-2024 | Zion Market Research
With the presence of a large pool of participants, the Global trade surveillance market is displaying a highly competitive business landscape, finds a new research report by Zion Market Research (ZMR). CRISIL Ltd, Software AG, NASDAQ, FIS, Cinnober, SIA S.P.A., B-Next, IPC, and Aquis Technologies are some of the key vendors of trade surveillance across the world. These players across trade surveillance market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development, states the trade surveillance market study.
Citing an instance, in August 2018, Statkraft—a hydropower firm and largest renewable energy generator of Europe—selected NASDAQ’s SMARTS Trade Surveillance for Energy System for monitoring trading behavior pattern across the energy markets in the European Union as well as Norway in accordance with Market Abuse Regulation.
As estimated in this report, The global Trade Surveillance market size accrued earnings worth approximately USD 2.10 Billion in 2023 and is predicted to gain revenue of about USD 10.70 Billion by 2032, is set to record a CAGR of nearly 19.8% over the period from 2024 to 2032. The main component types available in this trade surveillance market are solutions and services. Among them, the demand for services is relatively higher and the trend is anticipated to remain so over the next few years, notes the research report.
Browse the full "Trade Surveillance Market by Component Type (Solutions, and Services), Deployment (Cloud-based, and on-premises): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024-2032" report at https://www.zionmarketresearch.com/report/trade-surveillance-market
Mounting Data Manipulation & Fraud Cases To Impel Industry Growth
“Trade surveillance market is gaining traction across the globe with requirements for massive security solutions as a result of rising incidences of data manipulation and frauds during financial transactions,” says the author of this study. Apart from this, humungous demand for monitoring of trading activities across financial institutions is likely to provoke the growth of trade surveillance market over the next few years.
Analyzing multiple parameters and examining real-time events for fraud detection is highly time consuming and needs complex algorithm, thereby posing a threat to the growth of trade surveillance market. Nevertheless, growing trend of low-latency reporting and time-series database and tremendous requirement for modern & proactive trade surveillance activities is likely to drive the business growth over the coming years. This, in turn, will normalize the impact of hindrances on the trade surveillance market, reports the study.
Massive Big Data Usage To Spur North America Trade Surveillance Market Size
Regionally, North America has been leading the worldwide trade surveillance market and is anticipated to continue on the dominant position in the years to come, states the trade surveillance market study. Immense application of big data analytics in trade surveillance activities is the main factor behind the dominance of the North America trade surveillance market. The high number of market players being headquartered in North America is another significant factor that is supporting this regional trade surveillance market. For the record, North America contributed nearly 45% towards overall trade surveillance market revenue in 2017.
The global trade surveillance market is segmented as follows:
By Component
By Deployment
By Region
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed