The anti-money laundering market size was valued at US$ 4.21 billion in 2024 and is projected to reach US$ 13.54 billion by 2031; it is expected to register a CAGR of 18.3% during 2025-2031.

The anti-money laundering market is segmented into five major regions-North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. North America dominated the anti-money laundering market share in 2024. Europe is the second-largest contributor to the global anti-money laundering market, followed by Asia Pacific.

The US, Canada, and Mexico are among the major economies in North America. The adoption of AML in North America is driven by the increasing rate of adoption of new technologies. North American countries have tackled shared money laundering concerns by aligning regulations and sharing financial data. However, there persist concerns regarding the efficacy of the regulation, as a few market participants criticize it for affecting people's right to privacy. Money laundering in the US is a serious issue. The main reason for laundered funds comes from the accessibility of the financial system. Trade-based money laundering is an alternative method by which criminals have laundered funds in the US. To avoid this issue, companies are deploying anti-money laundering software. In October 2024, TD Bank pleaded guilty to multiple criminal charges and agreed to pay US$ 3 billion in fines and penalties to the US Department of Justice and financial regulators for deficiencies in monitoring money laundering activities linked to drug traffickers and other criminal entities. As part of the settlement, the Office of the Comptroller of the Currency has imposed growth restrictions on TD Bank's US operations, capping the total assets of its two American banking subsidiaries at US$ 434 billion.

Organizations are investing heavily in anti-money laundering technologies and services to stay compliant and mitigate risks. These include artificial intelligence (AI)-driven transaction monitoring systems, real-time analytics, and automated reporting tools. Beyond avoiding penalties, robust anti-money laundering compliance has become a key differentiator in the market, enhancing trust and credibility with regulators, customers, and stakeholders. In July 2025, the UK Financial Conduct Authority announced that Monzo Bank had been fined US$ 24.65 million (?21 million) for failing to maintain adequate anti-money laundering controls and for repeatedly violating a previously imposed restriction.

The heightened regulatory pressure has reshaped how institutions approach financial crime prevention, turning compliance into a driver of technological innovation and organizational transformation. The fear of reputational fallout and potential legal action ensures that investment in anti-money laundering capabilities remains a top priority across the financial ecosystem.

The global anti-money laundering market, by deployment mode, the market is segmented into solution and services. The Solution segment held the largest anti-money laundering market share in 2024. Anti-Money Laundering (AML) software solutions serve as essential tools for financial institutions and organizations to detect, prevent, and report suspicious activities associated with money laundering and financial crimes. Utilizing advanced technologies such as artificial intelligence, machine learning, and data analytics, these solutions enable real-time monitoring of extensive transaction data. They automate the identification of atypical patterns, support customer due diligence (CDD) processes, and generate regulatory compliance reports. Designed to be highly adaptable across industries and jurisdictions, AML software ensures organizations maintain compliance with international AML standards. By seamlessly integrating with existing banking and financial systems, these solutions improve operational efficiency, minimize false positives, and enhance overall risk management capabilities.

Accenture Plc; ACI Worldwide Inc; BAE Systems Plc; EastNets; Open Text Corp; Oracle Corp; Nasdaq Inc; SAS Institute Inc; NICE Ltd; LexisNexis Risk Solutions Group; Assent Business Technology, Inc.; Ascent Technologies, Inc.; and Fiserv Inc. are among the key anti-money laundering market players that are profiled in this market study.

The overall anti-money laundering market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the anti-money laundering market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the anti-money laundering market.