Report : Europe Trade Surveillance Systems Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Solutions and Service), Deployment (On Premise and Cloud), and Organization Size (SMEs and Large Enterprise)
Premise Segment to dominate Europe Trade Surveillance Systems Market during 2020–2028
According to a new market research study on “Europe 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$ 783.30 million by 2028 from US$ 254.43 million in 2021. The market is estimated to grow at a CAGR of 17.4% from 2021 to 2028. The report provides trends prevailing in the Europe trade surveillance systems market along with the drivers and restraints pertaining to the market growth. Elevating need for safety and security of trading activities in financial institutes, incorporation of technologies such as artificial intelligence and machine learning, and boosting demand for cloud-based trade surveillance system are the major factor driving the growth of the Europe trade surveillance systems market. However, Jump in trading from different trading venues hinder the growth of Europe trade surveillance systems market.
In Europe, the COVID-19 pandemic has a different impact on different countries, as only selective countries have witnessed the rise in the number of cases and subsequently attracted strict, as well as prolonged, lockdown periods or social isolation norms. However, Western European countries such as Germany, France, Russia, and the UK have seen a comparatively modest decrease in their growth activities because of the robust healthcare systems. The sudden outbreak of the COVID-19 pandemic across the region has not only led to the standstill of business operations but have also led to the closure of several small and medium enterprises across the region. In the initial three to four months of 2020, the region has experienced a dip in technological investments across the country. The European share prices have experienced sharp dip owing to the sudden outbreak of the COVID-19 pandemic across the region, which impacted investing decision of individual and enterprise investors. Thus, low technological investments by security trading firms coupled with low trading investment has negatively impacted the market. However, since the beginning of 2021, the European stock market have experienced recovery owing to several investor safety initiatives taken by large European companies. Thus, with the rise in trading activities the demand for trade surveillance systems is also expected to rise thereby leaving a moderate impact on the market over the years.
The Europe 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, 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 Germany, UK, France, Italy, Russia, and Rest of Europe. In 2020 the UK held the largest share in the market and France is expected to be the fastest growing country during the forecast period
ACA Group; B-Next; OneMarketData LLC; SIA S.P.A.; Aquis Exchange; Scila AB; CRISIL Limited; FIS Global; Nasdaq Inc; and Software AG are among the leading companies in the Europe 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, Fidor Solutions, a 100 % subsidiary of Sopra Banking Software, has signed a partnership agreement with SIA, controlled by CDP Equity, to launch its new instant payments service in Germany and in other European countries.
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