PUBLISHER: Quadrant Knowledge Solutions | PRODUCT CODE: 1445884
PUBLISHER: Quadrant Knowledge Solutions | PRODUCT CODE: 1445884
Global Market Forecast: Know Your Customer (KYC Market), 2022-2027
Quadrant Knowledge Solutions Reveals that Know Your Customer (KYC) is Projected to Register a CAGR of 16.8% by 2027.
Stopping money laundering is an especially vexing task that businesses must follow. They must walk a tightrope, balancing coping with an increasingly stringent slew of regulations with keeping away fraudsters resorting to novel ways, aided by technological advancements.to carry out cyberattacks. The COVID-19 pandemic has added a new wrinkle by allowing fraudsters to walk away with billions of dollars intended for fiscal stimulus. Along with banks and FIs, apart from banks, KYC is becoming essential for other industries, as stolen IDs have been used for other purposes, including terrorism and data breaches. These factors, along with changing security fabric, multiple payment channels, business processes, and increasingly rigorous compliance requirements, underline the need for dynamic and flexible identity management solutions in place of existing screening methods. Hence, KYC/CDD has become a fundamental practice for organizations worldwide. KYC/CDD solutions help organizations assess customer risks, determine their involvement in fraudulent activities, and comply with KYC laws. KYC/CDD solutions include identity resolution and customer onboarding, regulatory reporting, risk score assessment & management, and customer lifecycle management. These solutions ensure that even approved customers' financial activities are monitored and evaluated throughout their lifecycle.
Table of Contents
Chapter 01: Research Summary
- 2023 Market Outlook: Top Research Findings and Key Takeaways
- Top predictions
Chapter 02: Know Your Customer (KYC MarketMarket Overview
- Market Definition and Scope
- Revenue Type
- Geographical Regions
- Industry Verticals
Chapter 03: Know Your Customer (KYC MarketMarket Forecast Analysis
- Market Accelerators and Market Restraints
- Market Forecast by Total Market
- Market Forecast by Deployment Type
- Cloud
- On-Premises
- Market Forecast by Geographical Regions
- Canada
- Central & Eastern Europe
- Japan
- Latin America
- Middle East & Africa
- USA
- Western Europe
- Asia Ex-Japan China (AxJC)
- China
- Market Forecast by Industry Verticals
- Banking and Financial Services
- Electronics & Telecom
- Retail and eCommerce
- Professional Services
- Healthcare and Life Sciences
- Manufacturing
- Media & Entertainment
- Government and Public Sectors
- Education
- Energy & Utility Others
- Others
- Market Forecast by Customer Types
- SMB
- Large
- Enterprise
Chapter 04: Analyst Recommendations
- Analyst Recommendations
Chapter 05: Appendix
- Research Methodologies
List of Tables
- Table 1 : Market Size By Geographic Region
- Table 2 : Market Size By Industry Verticals
- Table 3 : Market Forecast, Total Revenue Worldwide
- Table 4 : Market Forecast, Deployment Type, Worldwide
- Table 5 : Market Forecast, Geographical Regions, Worldwide
- Table 6 : Market Forecast, Industry Vertical 1, Worldwide
- Table 7 : Market Forecast, Industry Vertical 2, Worldwide
- Table 8 : Market Forecast, Industry Vertical 3, Worldwide
- Table 9 : Market Forecast, Industry Vertical 4, Worldwide
- Table 10 : Market Forecast, Industry Vertical 5, Worldwide
- Table 11 : Market Forecast, Industry Vertical 6, Worldwide
- Table 12 : Market Forecast, Industry Vertical 7, Worldwide
- Table 13 : Market Forecast, Industry Vertical 8, Worldwide
List of Figures
- Fig. 1 Market Forecast of Know Your Customer, Worldwide, 2022 - 2027
- Fig. 2 Market Forecast of Know Your Customer, USA, 2022 - 2027
- Fig. 3 Market Forecast of Know Your Customer, Canada, 2022 - 2027
- Fig. 4 Market Forecast of Know Your Customer, Latin America, 2022 - 2027
- Fig. 5 Market Forecast of Know Your Customer, Western Europe, 2022 - 2027
- Fig. 6 Market Forecast of Know Your Customer, Central & Eastern Europe, 2022 - 2027
- Fig. 7 Market Forecast of Know Your Customer, Middle East & Africa, 2022 - 2027
- Fig. 8 Market Forecast of Know Your Customer, Asia excluding Japan and China, 2022 - 2027
- Fig. 9 Market Forecast of Know Your Customer, Japan, 2022 - 2027
- Fig. 10 Market Forecast of Know Your Customer, China, 2022 - 2027
- Fig. 11 Market Forecast of Know Your Customer, IT & Telecom Industry, 2022 - 2027
- Fig. 12 Market Forecast of Know Your Customer, Banking & Financial Services Industry, 2022 - 2027
- Fig. 13 Market Forecast of Know Your Customer, Insurance Industry, 2022 - 2027
- Fig. 14 Market Forecast of Know Your Customer, Healthcare Industry, 2022 - 2027
- Fig. 15 Market Forecast of Know Your Customer, Government & Public Sector, 2022 - 2027
- Fig. 16 Market Forecast of Know Your Customer, Retail & eCommerce, 2022 - 2027
- Fig. 17 Market Forecast of Know Your Customer, Manufacturing, 2022 - 2027
- Fig. 18 Market Forecast of Know Your Customer, Hospitality, 2022 - 2027
- Fig. 19 Market Forecast of Know Your Customer, On-premises Deployment, 2022 - 2027
- Fig. 20 Market Forecast of Know Your Customer, Cloud Deployment, 2022 - 2027
- Fig. 21 Market Forecast of Know Your Customer, SMB Customers, 2022 - 2027
- Fig. 22 Market Forecast of Know Your Customer, Large Customers, 2022 - 2027
- Fig. 23 Market Forecast of Know Your Customer, Enterprise Customers, 2022 - 2027
