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Trade Surveillance System Market

Global Trade Surveillance System Market Size, Share, Report: By Component: Solution, Services; By Deployment Type: Cloud Based, On-premises; By Organisation Size: Small and Medium Size Enterprises, Large Size Enterprises; By Vertical: Banking, Capital Markets, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Trade Surveillance System Market Outlook

The global trade surveillance system market attained a value of nearly USD 1.36 billion in 2023. The market is projected to grow at a CAGR of 18.4% between 2024 and 2032 to reach a value of around USD 6.23 billion by 2032.

 

Key Trends in the Market

Trade surveillance system, also known as market surveillance system, refers to a type of monitoring system in which illegal and unethical activities committed by any firm and its employees are detected.

 

  • The heightened adoption of trade surveillance systems across small and medium-sized enterprises to flag potential market abuse incidences is driving the market growth.
  • Increasing prevalence of market manipulation, fraud, insider trading, and false speculation, among other illicit trading crimes, is further fuelling the trade surveillance systems market demand.
  • The availability of cloud-based trade surveillance solutions which are cost-effective, fast, and reduce chances of error is likely to be a crucial market trend in the forecast period.

 

Market Analysis

Based on component, the market is segmented into solution and services. The solution segment is further divided based on type into reporting and monitoring, surveillance and analytics, risk and compliance, and case management, among others. On the basis of deployment mode, the market is classified into cloud based and on-premises.

 

By organisation size, the market is categorised into small and medium size enterprises and large size enterprises. On the basis of vertical, the market is segmented into banking, and capital markets, among others. The major regional markets for trade surveillance system include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global trade surveillance system report, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

 

  • Software AG
  • NICE CXone Cloud Services
  • IBM Corporation
  • Nasdaq, Inc.
  • OneMarketData, LL
  • ACA Group
  • IPC Systems, Inc.
  • Sia Partners
  • Aquis Exchange
  • eFlow Ltd.
  • Others

 

Market Share by Component

Solution accounts for a significant share of the trade surveillance system market. This can be attributed to the heightened deployment of reporting and monitoring solutions across firms to effectively spot illicit trading activities, such as illegal shipping and trafficking, among others.

 

In addition, reporting and monitoring help multiple governments promote trading activities strengthening the growth and robustness of the trading sector.

 

Market Share by Region

The Asia Pacific is likely to witness a rapid growth in the forecast period. Regulatory bodies across economies such as Australia, Singapore, and China, among others, have introduced strict regulations aimed at preventing illicit trading, hence offering expansion opportunities for trade surveillance systems. 

 

Additionally, rapid digitalisation in the region, coupled with increasing adoption of smartphones is further deepening the penetration of trade surveillance systems across enterprises and firms.

 

Competitive Landscape

Software AG is a multinational software corporation which specialises in big data analytics and supports business process management by providing enterprise software. It was founded in 1969 and is headquartered in Darmstadt, Germany.

 

NICE CXone Cloud Services is a company which offers services related to digital customer management, call centre software, and omnichannel customer service, among others. It was established in 1986 and is headquartered in Ra’anana, Israel.

 

IBM Corporation is a leading technology corporation which provides trade surveillance analytics for financial crime insights. The company was founded in 1911 and is headquartered in New York, the United States.

 

Other trade surveillance system market players include Nasdaq, Inc., OneMarketData, LLC, ACA Group, IPC Systems, Inc., Sia Partners, Aquis Exchange, and eFlow Ltd., among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Component
  • Deployment Type
  • Organisation Size
  • Vertical
  • Region
Breakup by Component
  • Solution
  • Services
Breakup by Deployment Type
  • Cloud Based
  • On-premises
Breakup by Organisation Size
  • Small and Medium Size Enterprises
  • Large Size Enterprises
Breakup by Vertical
  • Banking
  • Capital Markets
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Software AG
  • NICE CXone Cloud Services
  • IBM Corporation
  • Nasdaq, Inc.
  • OneMarketData, LL
  • ACA Group
  • IPC Systems, Inc.
  • Sia Partners
  • Aquis Exchange
  • eFlow Ltd.
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Trade Surveillance System Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Trade Surveillance System Historical Market (2018-2023) 
    8.3    Global Trade Surveillance System Market Forecast (2024-2032)
    8.4    Global Trade Surveillance System Market by Component
        8.4.1    Solution
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
            8.4.1.3    Breakup by Type
                8.4.1.3.1    Reporting and Monitoring
                8.4.1.3.2    Surveillance and Analytics
                8.4.1.3.3    Risk and Compliance
                8.4.1.3.4    Case Management
                8.4.1.3.5    Others 
        8.4.2    Services
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Trade Surveillance System Market by Deployment Type
        8.5.1    Cloud Based
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    On-premises
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Trade Surveillance System Market by Organisation Size
        8.6.1    Small and Medium Size Enterprises
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Large Size Enterprises
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    Global Trade Surveillance System Market by Vertical
        8.7.1    Banking
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Capital Markets
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Others
    8.8    Global Trade Surveillance System Market by Region
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023)
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023)
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023)
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023)
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023)
            8.8.5.2    Forecast Trend (2024-2032)
9    North America Trade Surveillance System Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Europe Trade Surveillance System Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Trade Surveillance System Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Trade Surveillance System Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Trade Surveillance System Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price  
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Software AG
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    NICE CXone Cloud Services
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    IBM Corporation
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Nasdaq, Inc.
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    OneMarketData, LLC
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    ACA Group
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    IPC Systems, Inc.
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Sia Partners
            15.2.8.1    Company Overview
            15.2.8.2    Product Portfolio
            15.2.8.3    Demographic Reach and Achievements
            15.2.8.4    Certifications
        15.2.9    Aquis Exchange
            15.2.9.1    Company Overview
            15.2.9.2    Product Portfolio
            15.2.9.3    Demographic Reach and Achievements
            15.2.9.4    Certifications
        15.2.10    eFlow Ltd.
            15.2.10.1    Company Overview
            15.2.10.2    Product Portfolio
            15.2.10.3    Demographic Reach and Achievements
            15.2.10.4    Certifications
        15.2.11    Others
16    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Trade Surveillance System Market: Key Industry Highlights, 2018 and 2032
2.    Global Trade Surveillance System Historical Market: Breakup by Component (USD Billion), 2018-2023
3.    Global Trade Surveillance System Market Forecast: Breakup by Component (USD Billion), 2024-2032
4.    Global Trade Surveillance System Historical Market: Breakup by Deployment Type (USD Billion), 2018-2023
5.    Global Trade Surveillance System Market Forecast: Breakup by Deployment Type (USD Billion), 2024-2032
6.    Global Trade Surveillance System Historical Market: Breakup by Organisation Size (USD Billion), 2018-2023
7.    Global Trade Surveillance System Market Forecast: Breakup by Organisation Size (USD Billion), 2024-2032
8.    Global Trade Surveillance System Historical Market: Breakup by Vertical (USD Billion), 2018-2023
9.    Global Trade Surveillance System Market Forecast: Breakup by Vertical (USD Billion), 2024-2032
10.    Global Trade Surveillance System Historical Market: Breakup by Region (USD Billion), 2018-2023
11.    Global Trade Surveillance System Market Forecast: Breakup by Region (USD Billion), 2024-2032
12.    North America Trade Surveillance System Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    North America Trade Surveillance System Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Europe Trade Surveillance System Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Europe Trade Surveillance System Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Asia Pacific Trade Surveillance System Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Asia Pacific Trade Surveillance System Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Latin America Trade Surveillance System Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Latin America Trade Surveillance System Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Middle East and Africa Trade Surveillance System Historical Market: Breakup by Country (USD Billion), 2018-2023
21.    Middle East and Africa Trade Surveillance System Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.    Global Trade Surveillance System Market Structure

Key Questions Answered in the Report

The market reached a value of nearly USD 1.36 billion in 2023.

The market is estimated to grow at a CAGR of 18.4% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 6.23 billion by 2032.

The heightened adoption of trade surveillance systems across small and medium-sized enterprises and the increasing prevalence of market manipulation, and fraud, among other illicit trading crimes, are the major drivers of the market.

The key trends in the market include the availability of cloud-based trade surveillance solutions and rapid digitalisation across emerging economies.

Solution and services are the different components of trade surveillance system.

Cloud based and on-premises are the major deployment types of the trade surveillance system.

Software AG, NICE CXone Cloud Services, IBM Corporation, Nasdaq, Inc., OneMarketData, LLC, ACA Group, IPC Systems, Inc., Sia Partners, Aquis Exchange, and eFlow Ltd., among others, are the key trade surveillance system market players.

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