The market for Trade Surveillance Market is expected to reach US$ 2,699.5 Mn by 2027.
The global trade surveillance market is poised to reach US$ 2,699.5 million by 2027, expanding at a CAGR of 17.8% during the forecast period from 2019 to 2027. With the passing of time, trading techniques and topologies have shifted from manual to automatic and algorithmic trading. Such technological advancement has increased market capacity, thereby reducing human limitations. However, on the other hand, it has also increased the risk for fraud, market manipulation, and rule violations. To overcome this, trading firms and financial institutions are leveraging trade surveillance systems to monitor market abuse, risk, and other fraud cases. Moreover, speed is the king of high-frequency trading in the technology race and algorithm-dominated market, where participants have shifted from seconds to microsecond operations. This has increased the severity of frauds, due to which the trade surveillance system has transformed to meet the basic requirement of protecting the law. As in this case, only selling firms carried out market surveillance systems, but today both selling and buying firms leverage trade surveillance systems to fade the effect of market abuse cases. Furthermore, increased trade scandals in the recent past provide surplus opportunity for the surveillance solution providers in the near future.
The Solutions segment held the majority of revenue share in 2018 owing to its various advantages, such as enhanced compliance management, case management streamlining, and optimization of surveillance data. Furthermore, adoption of strict regulatory and internal compliances by financial institutions and exchange departments is the prime factor for increased adoption of trade surveillance solutions. According to the "Global Trade Surveillance Survey" conducted by Chartis Research Ltd. in 2017, strict regulatory acts accounted for 71% of the share in driving trade surveillance solutions, while internal business compliance held only 29% of the share.
Europe held the highest revenue share for the year 2018 in the overall trade surveillance market. A major reason governing the growth of Europe is the government regulations imposed on the financial institutes to tackle market manipulation and insider trading. The Market Abuse Directive (MAD) was adopted in Europe in 2003, and further amendments were made to the regulation with the introduction of new directives on Criminal Sanctions for Market Abuse (CSMAD) and Market Abuse Regulation (MAR). Furthermore, the rising adoption of cloud-based solutions across small and medium enterprises (SMEs) and large enterprises is boosting the demand for the overall market. On the other hand, Asia Pacific registered the fastest growth during the analysis period. Increasing investment by financial institutes to meet the strict regulatory compliances is the main reason behind the region's significant growth. The main reason behind the increase in investment is the introduction of initial coin offerings (ICOs), cryptocurrency trading, and virtual currencies that increase market theft to a large extent.
Some of the significant players profiled in the global trade surveillance market report include CRISIL Ltd., Nasdaq, Software AG, FIS, IPC, SIA S.P.A., Cinnober, B-Next, Nice Systems, Aquis Technologies, and ACA Compliance Group, among others.
This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2017 to 2027, considering 2018as the base year for the research. The CAGR (compound annual growth rate) for each segment and sub-segment is calculated for the forecast period from 2019 to 2027.
The "Trade Surveillance Market" research study offers market size and forecasts based on market dynamics and predominant trends shaping the industry. The report provides an all-round view of the global trade surveillance market based on component, deployment, and geography. Key segments covered in the report are as follows:
Solutions
The market for Trade Surveillance Market is expected to reach US$ 2,699.5 Mn by 2027.
The Trade Surveillance Market is expected to see significant CAGR growth over the coming years, at 17.8%
The report is forecasted from 2019-2027.
The base year of this report is 2018.
Competitive Dashboard are some of the major players in the global market.