Trade Surveillance Systems Market by Component, Deployment, and Geography - Forecast and Analysis 2022-2026

The trade surveillance systems market share is expected to increase to USD 878.49 million from 2021 to 2026, at a CAGR of 16.7%.

This trade surveillance systems market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers trade surveillance systems market segmentation by component (solutions and services), deployment (on-premise and cloud-based), and geography (Europe, North America, APAC, Middle East and Africa, and South America). The trade surveillance systems market report also offers information on several market vendors, including Acuity Knowledge Partner, MyComplianceOffice Ltd, Abel Noser Holdings LLC, Aquis Exchange PLC, BAE Systems Plc, b-next holding AG, CRISIL Ltd., Fidelity National Information Services Inc., International Business Machines Corp., Nasdaq, Inc., NICE Ltd., OneMarketData, LLC, Scila, SIA SpA, SIH ACA Topco LP, Software AG, Solidus Labs Inc, SteelEye Ltd., Trading Technologies International Inc., Trapets AB, and Trillium Management, LLC among others.

What will the Trade Surveillance Systems Market Size be During the Forecast Period?

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Trade Surveillance Systems Market: Key Drivers, Trends, and Challenges

The rising demand for 360-degree trade surveillance is notably driving the trade surveillance systems market growth, although factors such as the infrastructural requirements may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the trade surveillance systems industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Trade Surveillance Systems Market Driver

• One of the key factors driving growth in the trade surveillance systems market is the rising demand for 360-degree trade surveillance.
• The global trade surveillance system market is driven by complex regulatory standards and rising trade-related malpractices. Therefore, market vendors are providing holistic trade surveillance system solutions and services along with 360-degree surveillance.
• Trade surveillance system solutions and services with 360-degree surveillance identify any changes or attempts at manipulation based on the compliance regulations framed by the government.
• The increasing demand for robust trade surveillance solutions that collect data from different channels, such as trade and order data, voice communications, social networking site data, and behavioral data, is accelerating rapidly. Therefore, the rising demand for 360-degree trade surveillance is driving the growth of the global trade surveillance system market.

Key Trade Surveillance Systems Market Trend

• The predictive monitoring of criminal and fraudulent trading activities is a trade surveillance systems market trend that is expected to have a positive impact in the coming years.
• Artificial intelligence (AI) can compensate for human errors by offering a superior standard for facial, behavioral, and object detection.
• The growing volumes of trade surveillance data make manual analysis inefficient and inadequate. Therefore, AI-based methodologies are expected to be integrated with trade surveillance systems, which, in turn, will improve the spotting and prevention of crimes.
• Vendors offer trade surveillance solutions that run on Google Cloud and deploy AI to perform video feed analysis, which makes these videos instantly searchable.
• AI is expected to analyze facial recognition, micro-expressions, and behavioral anomalies to predict the probability of crimes even before they are committed. Thus, increasing technological advances will drive the growth of the global trade surveillance system market.

Key Trade Surveillance Systems Market Challenge

• The infrastructural requirements will be a major challenge for the trade surveillance systems market during the forecast period.
• The deployment of trade surveillance systems requires advanced infrastructure, such as bandwidth, biometric data capturing devices, and storage. Video surveillance generates a large volume of trade-related data, which must be stored and archived.
• Several industries are deploying advanced trade surveillance systems for analytics. Therefore, they require a large storage capacity.
• Storage solutions must also be reliable, as surveillance data may be critical evidence that could be required in the future. Hence, the need for high-quality and high-density storage solutions is high in the global trade surveillance system market.
• Connectivity issues in information and communications technology (ICT) infrastructure can reduce the operational performance of trade surveillance systems. Therefore, the complex and costly infrastructural requirements can affect the growth of the global trade surveillance system market.

This trade surveillance systems market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global trade surveillance systems market as a part of the global application software market within the global IT software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the trade surveillance systems market during the forecast period.

Who are the Major Trade Surveillance Systems Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

• Acuity Knowledge Partner
• MyComplianceOffice Ltd
• Abel Noser Holdings LLC
• Aquis Exchange PLC
• BAE Systems Plc
• b-next holding AG
• CRISIL Ltd.
• Fidelity National Information Services Inc.
• International Business Machines Corp.
• Nasdaq, Inc.
• NICE Ltd.
• OneMarketData, LLC
• Scila
• SIA SpA
• SIH ACA Topco LP
• Software AG
• Solidus Labs Inc
• SteelEye Ltd.
• Trading Technologies International Inc.
• Trapets AB
• Trillium Management, LLC

 

This statistical study of the trade surveillance systems market encompasses successful business strategies deployed by the key vendors. The trade surveillance systems market is fragmented and the vendors are deploying growth strategies such as providing different software and service-based solutions to compete in the market.

Product Insights and News

• crisil.com - The company offers trade surveillance systems that include Advance Integrated Banking, Enhance Trading and Investing, Asset Management and Servicing, Securities Finance, and Operating.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The trade surveillance systems market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Trade Surveillance Systems Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the trade surveillance systems market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Trade Surveillance Systems Market?

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33% of the market’s growth will originate from Europe during the forecast period. UK, Germany, and France are the key markets for trade surveillance systems in Europe. Market growth in this region will be slower than the growth of the market in other regions.

Globally, many companies in the global BFSI sector are headquartered in Europe, and these companies are witnessing advanced threats related to information security, fraudulent activities, and money laundering. This will facilitate the trade surveillance systems market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 propelled the growth of the trade surveillance system market in Europe in 2020. The stringent social distancing measures implemented by the governments of various countries such as the UK, Germany, the Netherlands, Sweden, and France compelled most businesses to adopt the online model of operation. Before the COVID-19 pandemic, only 19.4% of the employed population in the European Union worked from home, however, the share of self-employed people increased to around 22% in 2021 after the disease outbreak. 

What are the Revenue-generating Component Segments in the Trade Surveillance Systems Market?

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The trade surveillance systems market share growth by the solutions segment will be significant during the forecast period. The solutions segment is expected to witness a rapid increase in its growth rate during the forecast period because of the shift in demand from legacy authentication solutions to digitized trade security system solutions due to the popularity of software-as-a-service (SaaS)-based solutions for trade surveillance systems. It has been observed that end-users, such as institutional brokers, the banking, financial services, and insurance (BFSI) and healthcare, and other sectors are demanding integrated trade surveillance software that is not only easy to use and deploy but also involves a low total cost of ownership (TCO).

This report provides an accurate prediction of the contribution of all the segments to the growth of the trade surveillance systems market size and actionable market insights on post COVID-19 impact on each segment.

 

Trade Surveillance Systems Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Decelerate at a CAGR of 16.7%
Market growth 2022-2026	$ 878.49 million
Market structure	Fragmented
YoY growth (%)	23.29
Regional analysis	Europe, North America, APAC, Middle East and Africa, and South America
Performing market contribution	Europe at 33%
Key consumer countries	US, India, UK, Germany, and France
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Acuity Knowledge Partner, MyComplianceOffice Ltd, Abel Noser Holdings LLC, Aquis Exchange PLC, BAE Systems Plc, b-next holding AG, CRISIL Ltd., Fidelity National Information Services Inc., International Business Machines Corp., Nasdaq, Inc., NICE Ltd., OneMarketData, LLC, Scila, SIA SpA, SIH ACA Topco LP, Software AG, Solidus Labs Inc, SteelEye Ltd., Trading Technologies International Inc., Trapets AB, and Trillium Management, LLC
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Trade Surveillance Systems Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive trade surveillance systems market growth during the next five years
• Precise estimation of the trade surveillance systems market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the trade surveillance systems industry across Europe, North America, APAC, Middle East and Africa, and South America
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of trade surveillance systems market vendors

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