Dublin, March 22, 2023 (GLOBE NEWSWIRE) -- The "Trade Surveillance Systems Global Market Report 2022: Ukraine-Russia War Impact" report has been added to ResearchAndMarkets.com's offering.
The global trade surveillance systems market is expected to grow from $1.08 billion in 2021 to $1.29 billion in 2022 at a compound annual growth rate (CAGR) of 20.0%. The trade surveillance systems market is expected to reach $2.72 billion in 2026 at a compound annual growth rate (CAGR) of 20.5%.
The trade surveillance systems market consists of trade surveillance systems by entities (manufacturers, sole traders, and partnerships) that are used to monitor and detect activities for market manipulation, fraud, and behavioral patterning.
Trade surveillance systems refer to activities carried out and measures taken by public authorities to ensure that products comply with the applicable union harmonization legislation. This helps in tracking the crimes across multiple regions and asset types by looking at all market and trading data.
The main types of trade surveillance systems market components are solutions and services. Solutions are used for fraud detection and manipulation in trade surveillance systems. Solutions refer to a system that combines people, processes, information, and technology to support a group of business or technical skills that address one or more business challenges. The organization sizes are small, medium-sized enterprises, and large enterprises. The deployment types are on-premises and cloud.
North America was the largest region in the trade surveillance systems market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the trade surveillance systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Integration of artificial intelligence (AI) and machine learning (ML) in surveillance is expected to propel the growth of the trade surveillance systems market going forward. AI refers to the capacity of a computer or a robot under computer control to carry out tasks that are typically performed by people. ML refers to a kind of artificial intelligence (AI) that enables computer programmers to forecast outcomes more accurately without being expressly designed.
AI and ML are used in trade surveillance systems as quick, accurate, and effective tools that help to regulate the investment risk and compliance and can protect its systems from hackers. For instance, according to TELUS International, a Canada-based IT Services Company, in 2022, more than $217 billion has been spent on AI apps to help prevent fraud and assess risk, and 64% of financial firms believe AI can detect fraud before it occurs. Therefore, the integration of artificial intelligence (AI) and machine learning (ML) in surveillance is driving the trade surveillance systems market growth.
Technological advancements are a key trend gaining popularity in the trade surveillance systems market. Major companies operating in the trade surveillance systems market are focused on developing new technological solutions such as machine learning technology to sustain their position in the market.
For instance, in March 2022, Solidus Labs, a US-based crypto-native risk monitoring and trade surveillance company, launched HALO. This is a trade surveillance and market integrity hub which is designed for digital assets that are automated, comprehensive, and testable. With the help of machine learning technology it automatically regulates the investment risk and compliance. Also, helps to protect organizations from a widening array of threats related to crypto trade surveillance and transaction monitoring capabilities.
The countries covered in the trade surveillance systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
Reasons to Purchase
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Scope
Markets Covered
1) By Component: Solutions, Services
2) By Organizational Size: Small And Medium-Sized Enterprises, Large Enterprises
3) By Deployment Type: On-Premises, Cloud
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 175 |
| Forecast Period | 2022 - 2026 |
| Estimated Market Value (USD) in 2022 | $1.29 billion |
| Forecasted Market Value (USD) by 2026 | $2.72 billion |
| Compound Annual Growth Rate | 20.5% |
| Regions Covered | Global |
Key Topics Covered:
1. Executive Summary
2. Trade Surveillance Systems Market Characteristics
3. Trade Surveillance Systems Market Trends And Strategies
4. Trade Surveillance Systems Market - Macro Economic Scenario
5. Trade Surveillance Systems Market Size And Growth
6. Trade Surveillance Systems Market Segmentation
7. Trade Surveillance Systems Market Regional And Country Analysis
8. Asia-Pacific Trade Surveillance Systems Market
9. China Trade Surveillance Systems Market
10. India Trade Surveillance Systems Market
11. Japan Trade Surveillance Systems Market
12. Australia Trade Surveillance Systems Market
13. Indonesia Trade Surveillance Systems Market
14. South Korea Trade Surveillance Systems Market
15. Western Europe Trade Surveillance Systems Market
16. UK Trade Surveillance Systems Market
17. Germany Trade Surveillance Systems Market
18. France Trade Surveillance Systems Market
19. Eastern Europe Trade Surveillance Systems Market
20. Russia Trade Surveillance Systems Market
21. North America Trade Surveillance Systems Market
22. USA Trade Surveillance Systems Market
23. South America Trade Surveillance Systems Market
24. Brazil Trade Surveillance Systems Market
25. Middle East Trade Surveillance Systems Market
26. Africa Trade Surveillance Systems Market
27. Trade Surveillance Systems Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Trade Surveillance Systems Market
29. Trade Surveillance Systems Market Future Outlook and Potential Analysis
30. Appendix
A selection of companies mentioned in this report includes
- NICE Systems Ltd
- Aquis Exchange
- IPC Systems Inc
- b-next
- ACA Group
For more information about this report visit https://www.researchandmarkets.com/r/95kprz
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