
Published On: Sep 2021
Published On: Sep 2021
Large Enterprises Segment to dominate Asia Pacific Trade Surveillance Systems Market during 2020–2028
According to a new market research study on “Asia Pacific Trade surveillance systems market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Component, Deployment, and Organization Size,” is expected to reach US$ 656.93 million by 2028 from US$ 188.47 million in 2021. The market is estimated to grow at a CAGR of 19.5% from 2021 to 2028. The report provides trends prevailing in the Asia Pacific trade surveillance systems market along with the drivers and restraints pertaining to the market growth. Elevating demand for cloud-based trade surveillance system, strengthening government laws and regulations to restrict insider trading, and burgeoning in need for safety and security of trading activities in financial institutes are the major factor driving the growth of the Asia Pacific trade surveillance systems market. However, expand in trading from different trading venues hinder the growth of Asia Pacific trade surveillance systems market.
The COVID-19 pandemic has severely impacted Asia Pacific due to wide disease spread; countries in this region are among the highly populated countries in the world, which leads to the greater risk infection spread. Many global brands and technological companies are headquartered in the region. According to the Organization for Economic Co-operation and Development (OECD), the pandemic has affected major economies such as China, India, Australia, and Japan, which are experiencing inflation. The rapid outbreak of the COVID-19 pandemic has led to strict lockdowns across the region since the starting of 2020. Some part of the region like India are still facing lockdowns owing to the rising cases across the country. The region has been experienced a closure of all business activities in the initial moths of 2020, thereby leading to declining stock prices. This decreasing stock prices across the developing countries, there trading activities experienced a decline across the region. Moreover, owing to lockdown of all business activities and other critical situations, technological investments was also low which negatively impacted the growth of the market. However, with the normalization of economies and business activities the share market experienced a rise which led to more people investing in shares again and technological investments in cloud solutions were experienced across the security trading companies. Thus, the above-mentioned factors are expected to moderately impact the growth of the market over the years.
The Asia Pacific trade surveillance systems market is segmented on the basis of component, deployment, organization size, and country. Based on component, the market is bifurcated into solutions and services. In 2020, the solution segment held the largest share in the market and services is expected to be the fastest growing segment during the forecast period. Further, the market, by solutions, is sub segmented into risk and compliance, reporting and monitoring, surveillance and analytics, case management, and others. In 2020, risk and compliance segment held the largest share in the market and surveillance and analytics is expected to be the fastest growing segment during the forecast period. Similarly, by services, the market is further bifurcated into managed services and professional services. In 2020, professional services segment held the largest share in the market, whereas the managed services is expected to be the fastest growing segment during the forecast period. Based on deployment, the trade surveillance systems market is bifurcated into cloud-based and on-premises. In 2020, on premise segment held the largest share in the market and cloud is expected to be the fastest growing segment during the forecast period. Based on organization size, the market is bifurcated into SMEs and large enterprises. In 2020 large enterprises segment held the largest share in the market and SMEs is expected to be the fastest growing segment during the forecast period. Based on country, the market is segmented into the China, Japan, South Korea, India, Australia, and Rest of APAC. In 2020, China held the largest share in the market and India is expected to be the fastest growing country during the forecast period
B-Next; OneMarketData LLC; SIA S.P.A.; CRISIL Limited; FIS Global; Nasdaq Inc; and Software AG are among the leading companies in the Asia Pacific trade surveillance systems market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, Software AG has entered into a collaboration agreement with Automation Anywhere, to make scalable automation achievable for more businesses.
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