Personal Loans Global Market Report 2023 – By Type (P2P Marketplace Lending, Balance Sheet Lending), By Loan Tenure (Long Term Loans, Medium Term Loans, Short Term Loans), By Tenure Period (Less Than 2 Years, 2 Years To 4 Years, More Than 4 Years), By Application (Debt Consolidation, Home Improvement, Education, Other Applications), By End User (Employed Individuals, Professionals, Students, Entrepreneur, Other End Users) – Market Size, Trends, And Global Forecast 2023-2032

Anti-money laundering refers to a procedure used by financial institutions, including banks, insurance companies, and gaming and gambling establishments to keep an eye on and stop any unlawful actions that enable money laundering and terrorist financing. To prevent fraudulent and illegal activity surrounding the financial systems banks and financial institutions adhere to a set of policies and regulations for KYC (Know Your Customer) /CDD (Customer Due Diligence), transaction screening, monitoring, and compliance. The anti-money laundering is used to stop the practice of generating income through illegal actions. The main product types of anti-money laundering are compliance management, currency transaction reporting, customer identity management, and transaction monitoring. Compliance management is used to deter and prevent potential offenders from engaging in fraud or crime, including money laundering. Compliance management refers to monitoring and evaluating systems on a continuous basis to make sure they correspond to business and regulatory policies and requirements, as well as industry and security standards. The different components include software and services that are deployed through cloud and on premise. The various organisation sizes include small and medium enterprises, and large enterprises and involve several end-users such as BFSI, government, healthcare, IT & telecom, and others. The global anti-money laundering market is segmented – 1) By Product: Compliance Management, Currency Transaction Reporting, Customer Identity Management, Transaction Monitoring. 2) By Component: Software, Services. 3) By Deployment: Cloud, On-Premise 4) By Organization size: Small and Medium Enterprises (SMEs), Large Enterprises 5) By End-User: BFSI, Government, Healthcare, IT and Telecom, Other End-Users The global anti-money laundering market size is expected to grow from $2.17 billion in 2022 to $2.53 billion in 2023 at a compound annual growth rate (CAGR) of 16.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of anti-money laundering is expected to grow to $4.5 billion in 2027 at a CAGR of 15.5%. The growing focus on digital payments and internet banking is expected to propel the growth of the anti-money laundering market going forward. Digital payment refers to the act of transferring money from one payment account to another by a computer, mobile phone, or another digital device. Anti-money laundering technologies are used to prevent online crime and reduce potential money-laundering dangers connected to digital payment. For instance, according to BuyShare, a UK-based educational investment platform and courses for first-time investors in the equity market, China generated around $1.9 trillion in transactions, or approximately 45% of all digital payments in 2020, while the US accounted for $895.7 billion in transaction value and a 20% market share in 2020. Also, Japan, the UK, and South Korea followed with $165.2 billion, $164.4 billion, and $113.5 billion worth of digital transactions, respectively. Therefore, the growing focus on digital payment and internet banking is driving the growth of anti-money laundering market. Major players in the anti-money laundering market are NICE Actimize Ltd., Tata Consultancy Services Limited, Trulioo Inc., ACI Worldwide Inc., SAS Institute Inc., Fiserv Inc., Oracle Corporation, Bae Systems India (Homeland Security) Private Limited, Accenture Solutions Pvt Ltd., CaseWare RCM Inc., TransUnion Holding Company Inc., Cognizant Technology Solutions Corporation, SAP AG, Jumio Corporation, Comarch SA, Feedzai Inc., Napier Technologies Limited, and IBM Corporation. Technological advancements are the key trend gaining popularity in the anti-money laundering market. Major companies operating in the anti-money laundering market are focused on advanced products that could provide better solutions in preventing illegal money laundering and strengthen their position in the market. For instance, in October 2022, ThetaRay, an Israel-based fintech software and big data analytics company, launched an advance software version of its flagship SONAR advanced SaaS anti-money laundering (AML) platform. This version contains significant capability enhancements enabling FinTechs and banks to detect and prevent financial crime through speedier investigations and the discovery of new typologies. In June 2020, NICE Actimize, a US-based software company, acquired Guardian Analytics for an undisclosed amount. This acquisition is a significant step in advancing the future of managing financial risk, and both companies aim to empower firms of all sizes to accelerate the adoption of the industry’s most innovative solutions. Guardian Analytics is a US-based firm specializing in machine learning technology to prevent banking and money laundering fraud. North America was the largest region in the anti-money laundering market in 2022. The regions covered in the anti-money laundering analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the anti-money laundering market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and the USA. The anti-money laundering market includes revenues earned by entities by providing risk rating methodology consulting services, outsourced risk rating, advisory services, forensic analytics services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The anti-money laundering market research report is one of a series of new reports from The Business Research Company that provides anti-money laundering market statistics, including anti-money laundering industry global market size, regional shares, competitors with an anti-money laundering market share, detailed anti-money laundering market segments, market trends and opportunities, and any further data you may need to thrive in the anti-money laundering industry. This anomaly detection market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The anti-money laundering software refers to software used to analyze customer data and detect suspicious activity. Anti-money laundering software employs tools and technology to assist legal and financial institutions in meeting legal requirements imposed by financial regulators to detect and combat financial crime. Its possible applications range from data management and procedural filtering to predictive analysis and machine learning. The main components of anti-money laundering software are software and services. The software refers to software used to prevent money laundering. Software is a computer program that is designed to manage anti-money laundering activities. It is sold by companies and installed locally on the hosting server. The anti-laundering software is deployed on-premise and in the cloud and is applied in transaction monitoring, currency transaction reporting, customer identity management, compliance management, and other applications. The end-users of anti-money laundering software are BFSI, defense, healthcare, IT and telecom, retail, and others. The global anti-money laundering software market is segmented - 1) By Component: Software, Services 2) By Deployment: On-premises, On-Cloud 3) By Application: Transaction Monitoring, Currency Transaction Reporting, Customer Identity Management, Compliance Management, Other Applications 4) By End-Use: BFSI, Defense, Healthcare, IT and Telecom, Retail, Other End-Users The global anti-money laundering software market size is expected to grow from $2.21 billion in 2022 to $2.52 billion in 2023 at a compound annual growth rate (CAGR) of 14.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The anti-money laundering software market size is expected to grow to $4.25 billion in 2027 at a CAGR of 14.0%. The increasing number of money laundering cases is expected to propel the anti-money laundering software market. Money laundering is the process of converting illegally obtained funds into legal funds. Due to the increasing number of money laundering cases, there is a rise in the adoption of anti-money laundering software applications to ensure the legal requirements of organizations for detecting and preventing financial crimes. For instance, in March 2021, according to a report from TransUnion, a US-based consumer credit reporting agency, fraudulent digital transaction attempts against businesses worldwide increased by 46% compared to 2019. Furthermore, TransUnion reported a 21% increase in phishing attacks among consumers globally targeted with COVID-19-related digital frauds as of November 2020. Therefore, the increasing number of fraudulent activities and rise in money laundering cases will drive the growth of the anti-money laundering software market. Major players in the anti-money laundering software market are Accenture Inc., ACI Worldwide Inc., AML Partners LLC, Ascent Technology Consulting, BAE Systems Inc., Eastnets Holding Limited, Verafin Inc., Fidelity National Information Services Inc., Fiserv Inc., Oracle Corporation, SAS Institute Inc., Sungard Availability Services, AML360, Experian Information Solutions Inc., Fico, RELX Plc, Truth Technologies Inc., Aquilan Technologies Inc., CaseWare International Inc., and Exiger LLC. Technological advancement is the key trend gaining popularity in the anti-money laundering software market. Major companies operating in the anti-money laundering software market are focused on developing new and innovative solutions to strengthen their market position. For instance, in September 2020, Nasdaq Inc., a US-based financial services corporation, launched the cloud-deployed Nasdaq Automated Investigator for AML, the first automated solution for retail, commercial, and other financial institutions' anti-money laundering (AML) investigations. Nasdaq's global initiatives to prevent financial crime and advance market integrity in the capital markets and others are further expanded with the launch of Nasdaq's Automated Investigator for AML. Banks' investigation management procedures currently have a major gap in the field of automated investigation management, which has historically been underserved by financial crime operations. In September 2020, Jumio, a US-based online mobile payments and identity verification company, acquired the AML (anti-money laundering) platform from Beam Solutions for an undisclosed amount. With this acquisition, Jumio will incorporate Beam's AML solutions into its existing KYX platform to strengthen the company's position in the anti-financial crime market. Beam Solutions is a US-based cloud-based anti-money laundering (AML) compliance platform company. North America was the largest region in the anti-money laundering software market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the anti-money laundering software market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the anti-money laundering software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The anti-money laundering software market consists of revenues earned by entities by providing kyc (know your customer), fraud detection, watch-list screening, data warehouse management, analytics & visualization, alert management & reporting, and case management solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The anti-money laundering software market research report is one of a series of new reports from The Business Research Company that provides anti-money laundering software market statistics, including anti-money laundering software industry global market size, regional shares, competitors with an anti-money laundering software market share, detailed anti-money laundering software market segments, market trends and opportunities, and any further data you may need to thrive in the anti-money laundering software industry. This anti-money laundering software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Automotive finance refers to the financial support received to buy a car with a small down payment from pocket. The lender's loan can be repaid over a certain length of time in equal monthly installments with an agreed-upon interest rate. The main provider types of automotive finance are banks, OEMs, and other provider types. Banks are used to receiving the funds in one go, then paying them back over time, along with interest. A bank refers to an institution that is authorized to lend money and take deposits from checking and savings accounts. The finance types are direct finance and indirect finance. The vehicle types include passenger vehicles, commercial vehicles, and other vehicle types. The global automotive finance market is segmented - 1) By Provider Type: Banks, OEMs, Other Provider Types 2) By Finance Type: Direct Finance, Indirect Finance 3) By Vehicle Type: Passenger Vehicles, Commercial Vehicles, Other Vehicle Types The global automotive finance market size is expected to grow from $248.99 billion in 2022 to $266.65 billion in 2023 at a compound annual growth rate (CAGR) of 7.09%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive finance market size is expected to grow to $360.89 billion in 2027 at a CAGR of 7.86%. Increasing vehicle prices are expected to propel the growth of the automotive finance market going forward. Vehicle prices refer to the amount a car manufacturer is willing to demand for creating, producing, and putting a vehicle on the market. Automotive financing refers to purchasing a car, often a more expensive one than would otherwise be feasible. For instance, in June 2022, according to data shared by Kelly Blue Book, a US-based vehicle valuation and information source company owned by Cox Automotive, average transaction costs for new vehicles climbed by 13.5% year over year, from $41,534 in May 2021 to $47,148 in May 2022. The highest gain ($888) was seen in trucks, with an ATP of $56,216. Vans witnessed a gain of $726 in May, bringing their ATP to $48,671, while SUVs saw an increase of $526, bringing their ATP to $46,073. Therefore, increasing vehicle prices are driving the growth of the automotive finance market. Major players in the automotive finance market are Ally Financial, Bank of America, Capital One, Chase Auto Finance, Daimler Financial Services, Ford Motor Credit Company, GM Financial Inc., Hitachi Capital, Toyota Financial Services, Volkswagen Financial Services, BNP Paribas, HDFC Bank Limited, Standard Bank Group Ltd., Banco Bradesco SA, Wells Fargo & Co and HSBC Holdings plc. Technological advancements have emerged as a key trend gaining popularity in the automotive finance market. Major companies operating in the automotive finance market are focused on innovating new technologies to sustain their position in the market. For instance, in September 2022, Kuwy, an India-based first automotive fintech startup and a subsidiary of Volkswagen Finance, launched KUWY-LaaS, an AI-driven platform with blockchain technology for online auto sales. The technology not only democratises online auto transactions while maintaining complete transparency, but it also offers more information to help the seller, buyer, and lender make the best decisions possible. The technology enables a customer to choose financing options, select a lender, and receive fast approval in a completely paperless journey. In May 2022, Protective Life Corporation, a US-based financial service holding company, acquired AUL Corporation for an undisclosed amount. This acquisition enables Protective to provide more solutions, safeguard more clients, and speed up growth. The product lineup from AUL is a great addition to Protective's Asset Protection Division. AUL Corporation is a US-based automotive finance and insurance provider. Europe was the largest region in the automotive finance market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the automotive finance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive finance market includes revenues earned by entities by providing financial services that are used in purchasing a vehicle, often one of higher value than would otherwise be possible. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Personal finance software refers to a type of application that is used for helping users with all aspects of their personal finances. It uses software for offering a holistic approach to financial management at a relatively low cost. The main product of personal finance software is web-based software and mobile-based software. Web-based software refers to software that can be accessed just by connecting to the internet and using a web browser. It is deployed by cloud, and on-premise by small business users, and individual consumers. The global personal finance software market is segmented - 1) By Product Type: Web-Based Software, Mobile-Based Software 2) By Deployment Types: Cloud, On-Premise 3) By End User: Small Businesses Users, Individual Consumers The global personal finance software market size is expected to grow from $1.61 billion in 2022 to $1.72 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global personal finance software market size is expected to reach $2.22 billion in 2027 at a CAGR of 6.5%. The increasing demand for secured and personalized digital services is expected to propel the growth of the personal finance software market going forward. Digital services refer to the electronic flow of data and content across a variety of platforms and devices, such as the web or mobile. Personal finance software is money management software that organizes the user’s day-to-day financial life by educating the user about personal money matters and provides security by providing an early warning when problems arise and having an alert notification, which helps the user to notify the target limit once the target is surpassed. Thus, it provides secured and personalized financial services digitally through web-based or stand-alone software. For instance, in 2022 according to The Economist, a UK-based newspaper and media agency, 58% of banks worldwide depend on technology such as artificial intelligence for personalized digital services. Thus, the rising demand for secured and personalized digital services is driving the personal finance market. Major players in the personal finance software market are Microsoft Corporation, Moneyspire Inc., PocketSmith Ltd., The Infinite Kind, Buxfer Inc., Doxo Inc., Money Dashboard, Personal Capital Corporation, You Need a Budget LLC, Alzex software, CountAbout, Finicity Corporation, CoinKeeper, and BankTree Software. The innovative solution is a key trend in the personal finance software market. Major companies operating in the personal finance software market are advancing new and innovative technologies such as AI to make personal finance more productive and less time-consuming. With new technology developments, there will be a move away from mass production and toward creative, specialized brand packaging for particular goods and services. For instance, in August 2021, Quicken, a US-based personal finance management provider launched Simplifi which spotlights positive financial growth and boosts confidence by awarding users with badges when they meet goals. The app recognizes progress and motivates users to stay on track to meet both short- and long-term financial goals with its achievement program. In October 2021, Aquiline Capital Partners a US-based financial services enterprise acquired Quicken Inc. for an undisclosed amount. Through this acquisition, Aquiline Capital Partners would be able to provide capital for financial services and technology. This acquisition will also ensure that Quicken would continue its operation in Menlo Park, Tucson, and Bangalore. Quicken Inc. is a US-based personal finance software provider that includes the personal financial app, Simplify. North America was the largest region in the personal finance software market in 2022. The regions covered in this global personal finance software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the personal finance software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The personal finance software market consists of sales of software used for budgeting, investing, debt tracking, and setting savings goals. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The personal finance software market research report is one of a series of new reports from The Business Research Company that provides personal finance software market statistics including the personal finance software industry global market size regional shares competitors with personal finance software market share detailed personal finance software market segments market trends and opportunities and any further data you may need to thrive in the personal finance software industry. This personal finance software market research report delivers a complete perspective of everything you need with an in-depth analysis of the current and future scenario of the industry.

Property and casualty reinsurance is an agreement between a reinsurer and an insurance firm. The insurance business, or cedent, transfers liability to the reinsurance firm, which then assumes all or a portion of the risk connected with one or more insurance plans issued by the cedent. The main types of property and casualty reinsurance are direct selling and intermediary selling. Direct selling is the practice of selling goods outside of a traditional retail environment, such as online, at home, or in other locations. The modes involved are online and offline which are used by small reinsurers and midsized reinsurers' for life and health reinsurance, non-life or property and casualty reinsurance. The global property & casualty reinsurance market is segmented - 1) By Type: Direct Selling, Intermediary Selling 2) By Mode: Online, Offline 3) By Application: Small Reinsurers, Midsized Reinsurers 4) By End-User: Life And Health Reinsurance, Non-Life Or Property And Casualty Reinsurance The global property and casualty reinsurance market size is expected to grow from $427.43 billion in 2022 to $478.97 billion in 2023 at a compound annual growth rate (CAGR) of 12.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global property and casualty reinsurance market is expected to reach $718.33 billion in 2027 at a CAGR of 10.7%. The rise in the number of natural calamities is expected to propel the growth of the property and casualty reinsurance market in the coming years. Natural calamities are the result of natural hazards, such as an earthquake, floods, cyclones, hurricanes, volcanic eruptions, or landslides, which negatively impact the environment and cause property damage, loss of life, or other negative effects. Reinsurance enables property and casualty insurers to mitigate the risks associated with concentrated natural disasters. Hence, the rise in natural calamities will boost the property & casualty reinsurance market. For instance, in 2020, according to the National Centers for Environmental Information, a US-based leading authority for environmental data, the United States experienced a record-breaking 22 weather-related or climatic catastrophes, each of which caused at least $1 billion in losses, including a record 7 related to hurricanes or tropical storms that made landfall. Also, the number of climatic events in 2019 was 14, which increased by six in 2020. Therefore, a rise in the number of natural calamities is driving the property & casualty reinsurance market. Major players in the property & casualty reinsurance market are Barents Re Reinsurance Company Inc., Berkshire Hathaway Inc., BMS Group Limited, China Reinsurance Corporation, Everest Re Group Ltd., Hannover Re, Lloyd's of London, Munich Reinsurance Company, PartnerRe Ltd., Reinsurance Group of America Incorporated, SCOR SE, Swiss Reinsurance Company Ltd., AXA XL, MAPFRE Insurance, and IRB Brasil RE. Product innovation is the key trend gaining popularity in the property and casualty reinsurance market. Major companies operating in the property and casualty reinsurance market are focused on developing innovative products to strengthen their position in the market. For instance, in September 2021, Ascot Group, a UK-based specialty insurance and reinsurance company, launched Ascot Reinsurance's platform for global reinsurance underwriting and ceded risk solutions. This platform serves as a central entry point for all of Ascot's reinsurance offerings, including improved client services, claims, treaty, and facultative solutions, and claims management. In February 2022, Swiss Reinsurance Company Ltd., a Switzerland-based reinsurance company acquired Champlain Reinsurance Company for an undisclosed amount. The acquisition shows Swiss Re's strong expertise in devising and reliably delivering customized solutions for the legacy challenges of business partners. Champlain Reinsurance Company is a Switzerland-based run-off reinsurance captive of Alcan Holdings Switzerland AG. North America was the largest region in the property and casualty reinsurance market in 2022. The regions covered in the global property and casualty reinsurance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the property and casualty reinsurance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The property and casualty reinsurance market includes revenues earned by entities by providing facultative reinsurance and treaty reinsurance. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The property and casualty reinsurance market research report is one of a series of new reports from The Business Research Company that provides property and casualty reinsurance market statistics, including property and casualty reinsurance industry global market size, regional shares, competitors with property and casualty reinsurance market share, detailed property and casualty reinsurance market segments, market trends, and opportunities, and any further data you may need to thrive in the property and casualty reinsurance industry. This property and casualty reinsurance market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Mobile money refers to the electronic transfer of money from one individual or entity to another using mobile devices. Digital payment technology is embedded in the devices and can be utilized on regular smartphone devices to receive, withdraw, and send money without using the usual banking system. Mobile money is a popular alternative to bank accounts as it is secure and simple. The main transaction types of mobile money include person to person (P2P), person to business (P2B), business to person (B2P), and business to business (B2B). The person-to-person (P2P) transaction refers to a mobile money transaction mode enabled between individuals. This P2P transaction requires minimum personal information for payments and keeps the personal data secure. They are made through different payment protocols, which include remote mobile payment and proximity mobile payment. They are used for bill payments, money transfers, ticket payments, and others. The global mobile money market is segmented - 1) By Transaction Type: Person to Person (P2P), Person to Business (P2B), Business to Person (B2P), Business to Business (B2B) 2) By Payment: Remote Payments, Proximity Payments 3) By Application: Bill Payments, Money transfers, Recharge & Top-up, Ticket Payment, Other Applications The global mobile money market size will grow from $8.86 billion in 2022 to $11.16 billion in 2023 at a compound annual growth rate (CAGR) of 25.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the mobile money is expected to grow to $28.67 billion in 2027 at a CAGR of 26.6%. The increasing adoption of mobile POS (point of sale) is driving the growth of the mobile money market. The increased expectation for quick fulfillment and the growing popularity of the digital marketplace coupled with the need for improving customer experience, ease of use, and payment efficiency has led to the increased adoption of mobile POS. This increasing adoption of mobile POS will result in significant demand for mobile money as it is a convenient and efficient solution for point of sales. For instance, according to a survey published in November 2020 by McKinsey, a global management consulting company, COVID-19 has reinforced the pattern of mobile payment and acceptance across various verticals of payment within different demographics of the USA. The share of consumers using two or more digital payment methods grew from 45% in 2019 to 58% in 2020. These digital payment methods included mobile POS, online, in-app, and peer-to-peer payments. Therefore, the increasing adoption of mobile POS is expected to boost demand for mobile money during the forecast period. Major players in the mobile money market are Vodafone, Google, Orange, Fidelity National Information Services, Paypal, Mastercard, Fiserv, Airtel, Alipay, MTN, PAYTM, Samsung, VISA, Tencent, Global Payments, Square, Amazon, Apple, Western Union Holdings, Comviva, T-Mobile, Obopay, FTS, Peerbits, Panamax, and Alepo. Technological advancement is a key trend gaining popularity in the mobile money market. The market is witnessing the implementation of advanced technologies such as NFC technology in mobile money for contactless payments. NFC (near-field communication) is a short-range wireless connectivity mechanism to enable communication between devices during their proximity using magnetic field induction, enabling quick payment and removing contact-based payments. Major companies operating in the mobile money market are focused on providing technologically advanced mobile money solutions to strengthen their market position. For instance, in March 2021, Paytm, an Indian digital payments and financial services company, introduced Smart POS for Android devices that accepts contactless payments using NFC technology. This smart POS converts an Android smartphone into a point-of-service (POS) terminal using NFC technology that allows card payments via NFC-enabled android phones. The company also introduced IoT-enabled Soundbox, offering instant voice-based confirmations of payments to merchants. Both the devices aim to create convenience and ease of use payment solutions for customers and merchants. In May 2021, Fiserv Inc., a US-based financial services technology and mobile banking company acquired Pineapple Payments for an undisclosed amount. This acquisition expands the reach of the payment solutions of Fiserv including Co-pilot partner platform Clover and Clover Connect through Pineapple Payments’ technology and relationship-led distribution channels. Pineapple Payments is a US-based payments technology firm that provides payment processing, proprietary technology, and omnichannel payment acceptance solutions for merchants including mobile payment solutions. Asia-Pacific was the largest region in the mobile money market in 2022, and it is expected to be the fastest-growing region in the forecast period. The regions covered in the mobile money market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the mobile money market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The mobile money market includes revenues earned by entities by providing solutions to save and manage expenses using a bank account linked with a mobile number to facilitate secure and easy transactions. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The mobile money market research report is one of a series of new reports from The Business Research Company that provides mobile money market statistics, including mobile money industry global market size, regional shares, competitors with a mobile money market share, detailed mobile money market segments, market trends and opportunities, and any further data you may need to thrive in the mobile money industry. This mobile money market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Property management software refers to a software application used to manage hotels and other types of rental homes for businesses. To plan, coordinate, and carry out the daily tasks and transactions required in the lodging industry, PMS offers a centralised computer system. It reduces the amount of manual effort required for rent collection, maintenance, and repair scheduling. The main property management software deployment types are cloud and on-premise. The cloud market provides hosted services on a remote cloud server. Clients use the internet to access the software for various integration, automation, and business process enhancement needs.The different applications of property management software include residential and commercial, which are used by end-users such as housing associations, property managers/agents, property investors, and other end-users. The global property management software market is segmented - 1) By Deployment: Cloud, On-premise 2) By Application: Residential, Commercial 3) By End-User: Housing Associations, Property Managers/Agents, Property Investors, Other End-Users The global property management software market size will grow from $1.75 billion in 2022 to $1.82 billion in 2023 at a compound annual growth rate (CAGR) of 4.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the property management software is expected to grow to $2.19 billion in 2027 at a CAGR of 4.7%. The increase in investments in smart cities is expected to propel the growth of the property management software market during the forecast period. Governments around the world are investing in the creation of smart cities. Smart city technologies uses information and communication technologies to efficiently manage and operate urban services, thus creating demand for efficient management of properties. The European Union is actively promoting smart city initiatives, with funds for research and sustainability targets for member states. The concept of smart cities is becoming more popular in developing nations too. For instance, more than 1,000 smart city pilot projects are either ready for or are under construction globally and around 500 of these projects are in China. Hence, the investment in smart cities is expected to drive the property management software market growth. Major players in the property management software market are AppFolio, Inc., Console Australia Pty Ltd., CORELOGIC, Entrata, Inc., InnQuest Software, IQware Inc., RealPage, Inc., Yardi Systems Inc., Buildium, Innago, Spacewell (MCS Solutions Pvt Ltd), ManageCasa, Planon, Jones Lang LaSalle IP, Inc., Tenant Cloud, and Rent Manager. Artificial intelligence (AI) enabled applications in the property management software market is a key trend gaining popularity in the market. Artificial intelligence (AI) enabled applications assist real estate companies in marketing campaigns, managing property portfolios, leasing, accounting, operations, and many other functions For instance in November 2021, FacilioInc., a real estate portfolio management platform, announced the launch of its linked computerized maintenance management system (CMMS) solution, which helps businesses streamline operations, reduce costs, and keep up with changing client demands. In October 2021, Property Vista, a Canada based property management software solutions company, announced the acquisition of National Efficiency Systems Inc (LeadManaging) Corporation, for an undisclosed amount. Through this acquisition, Property Vista would offer intelligent customer experiences and utilize into lead and occupant data to quickly surface deeper insights and make smarter rental decisions. LeadManaging is a Canada-based real-time connections and lead-tracking property management company. North America was the largest region in the property management software market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the property management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the property management software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The property management software market includes revenues earned by entities by providing front-desk operations, managing reservations, rate, and occupancy of a hotel. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The property management software research report is one of a series of new reports from The Business Research Company that provides property management software statistics, including property management software industry global market size, regional shares, competitors with property management software share, detailed property management software segments, market trends and opportunities, and any further data you may need to thrive in the property management software industry. This property management software research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A semi-trailer refers to a freight trailer without a front axle that, when attached, is supported at its forward end by the fifth wheel device of the truck tractor. The semi-trailer is used for transporting a large number of goods. The main types of semi-trailers are flatbed, lowboy, dry van, refrigerated, tankers, and other types. Flatbed refers to equipment that is open-deck in nature without a roof or sides that is mainly used for transporting heavy, oversized, and wide goods. These are available in multiple lengths such as trailers up to 45 feet and above 45 feet and are used in heavy industry, FMCG, chemical, automotive, oil and gas, healthcare, logistics, and other end-users. The global semi-trailer market is segmented - 1) By Type: Flatbed, Lowboy, Dry Van, Refrigerated, Tankers, Other Types 2) By Length: Up To 45 Feet, Above 45 Feet 3) By End-Use: Heavy Industry, FMCG, Chemical, Automotive, Oil And Gas, Healthcare, Logistics, Other End-Users The global semi-trailer market size will grow from $27.28 billion in 2022 to $29.06 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global semi-trailer is expected to grow to $41.74 billion in 2027 at a CAGR of 9.5%. The rise in urbanization is expected to propel the growth of the semi-trailer market going forward. Urbanization is the process by which cities develop and a rising proportion of the population moves there to live. Semi-trailers help in the transportation of goods and for carrying a large proportion of cargo, raw materials, and finished products, as a result, rising urbanization increases the demand for the semi-trailer market. For instance, according to The United Nations Conference on Trade and Development, a Switzerland-based intergovernmental organization, the percentage of people living in cities rose to 56.2% by 2020. It is higher in wealthy countries are 51.6% than in developing ones which is 79.2% in 2020. Therefore, rising urbanization is driving the semi-trailers market. Major players in the semi-trailer market are Wabash National Corporation, Schmitz Cargobull AG, Great Dane LLC, Krone GmbH & Co. KG, Kögel Trailer GmbH & Co.KG, Pitts Trailers, Utility Trailer Manufacturing Company, Hyundai Translead Inc., Premier Trailer Manufacturing Inc., Mac Trailer Manufacturing, RAC-Germany, SDC Trailers Ltd., Dennison Trailers, Karl Kässbohrer Fahrzeugwerke GmbH, and Van Hool NV. The increased demand for trailer technology advancement is a key trend in the semi-trailer market. Major companies operating in the semi-trailer market are coming up with new technologies for trailers to sustain their position in the market. For instance, in April 2020, WABCO, a US-based vehicle control systems provider for semi-trailers, and related heavy vehicles, and Sioen Industries, a Belgium-based company manufacturing chemicals and processing technical textiles launched an innovative and connected technology to prevent theft in trailer cargo named the Detector Solution. Sioen has upgraded its dynatex protector technology powered by WABCO’s advanced fleet management solutions for triggering the alarm for the tarpaulin and for enabling live monitoring and management of trailer access. This combination of technologies controls trailer breaches in real-time. In February 2020, The Schwarz Muller Group, an Austria-based manufacturer of premium commercial vehicles, acquired Huffermann Transportsysteme GmbH for an undisclosed amount. This acquisition expands Schwarz Muller’s experience in the construction and infrastructure vehicle sectors, as well as increases its market share in Germany. Huffermann Transportsysteme GmbH believes that the acquisition is their best option for sustainable growth and entry into various new markets. Huffermann Transportsysteme GmbH is a Germany-based producer of container trailers operating in the semi-trailers market. North America was the largest region in the semi-trailer market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the semi-trailer market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the semi-trailer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The semi-trailer market consists of sales of step deck or drop deck trailers, reefer trailers, dump trailers, and dry van trailers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The semi-trailer market research report is one of a series of new reports from The Business Research Company that provides semi-trailer market statistics, including semi-trailer industry global market size, regional shares, competitors with a semi-trailer market share, detailed semi-trailer market segments, market trends and opportunities, and any further data you may need to thrive in the semi-trailer industry. This semi-trailer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.