Middle East and Africa Trade Surveillance Market, By Components (Solution and Services), Deployment Model (Cloud, On Premises and Hybrid), Organization Size (Large Enterprises and Small and Medium Sized Enterprises (SMES)), Vertical (Capital Markets and Banking Financial Services and Insurance (BFSI)), Country (Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Middle East and Africa Trade Surveillance Market
Surge in the adoption of advanced technologies such as artificial intelligence, growing need and demand for improved security and surveillance solutions and rising incidences of fraud and data manipulation in financial institutions are the major factors attributable to the growth of the trade surveillance market. Data Bridge Market Research analyses that the trade surveillance market will exhibit a CAGR of 15.6% for the forecast period of 2021-2028.
From the name itself, it is clear that trade surveillance is a set of systems and solutions that are used by the institutions to monitor and detect all kinds of capital fraud, behavioural patterning and insider trading in capital markets. Trade surveillance offers effective management of financial operations and is used to deliver coverage in the complete suspected cases and other audit order trails.
Rising focus on the technological advancements in the surveillance systems and solutions will emerge as the major market growth driving factor. Surge in the number of small and medium scale organizations, growing infrastructural development especially in the developing economies, surging pressure on financial institutions to adhere and comply with the regulations and policies and growth and expansion of security and surveillance industry will further aggravate the growth of the market.
However, lack of awareness and skilled workforce and technological expertise in underdeveloped and developing economies will act as a growth restraint for the market. Complexities existing in analysing multiple parameters and in monitoring real-time events for fraud detection or data manipulations will yet again hamper the market growth rate.
This trade surveillance market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on trade surveillance market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Middle East and Africa Trade Surveillance Market Scope and Market Size
The trade surveillance market is segmented on the basis of component, deployment model, organization size and vertical. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of component, the trade surveillance market is segmented into solution and services. Solutions are further segmented into services reporting and monitoring, risk and compliance, case management, surveillance and analytics and others. The service is further segmented into professional services and managed services. The professional services are further sub- segmented into support and maintenance, system integration and consulting.
- On the basis of deployment model, the trade surveillance market is segmented into on-premises, cloud and hybrid.
- On the basis of organization size, the trade surveillance market is segmented into large enterprises and small and medium-sized enterprises (SMES).
- On the basis of vertical, the trade surveillance market is segmented into capital markets and banking financial services and insurance (BFSI).
Middle East and Africa Trade Surveillance Market Country Level Analysis
The trade surveillance market is analysed and market size, volume information is provided by country, component, deployment model, organization size and vertical as referenced above.
The countries covered in the trade surveillance market report are Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa.
The country section of the trade surveillance market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Middle East and Africa Trade Surveillance Market Share Analysis
The trade surveillance market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to trade surveillance market.
The major players covered in the trade surveillance report are Software AG, FIS, SIA S.P.A., Celent, ACA Group., Scila AB, CINNOBER FINANCIAL TECHNOLOGY, Trapets AB., Abel Noser Holdings LLC, CRISIL LIMITED, Cognizant, IPC System, Inc., Aquis Exchange, OneMarketData, LLC., b-next, IBM, Accenture, Nasdaq, Inc., among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.