All these large enterprises and small- and medium-sized enterprises (SMEs) use case management, transaction screening and monitoring, regulatory reporting, and know your customer (KYC)/customer due diligence (CDD) solutions to identify potential digital frauds and mitigate money laundering cases. As per requirement, these solutions can be deployed on their own IT infrastructure or on the cloud. Moreover, to complement such software, managed and professional services are provided by AML companies. Globally, North America accounted for the largest share in the anti-money laundering market in 2020 due to the increasing integration of advanced technologies, such as machine learning and artificial intelligence, in AML solutions and increasing internet penetration in Canada and the U.S. As per the International Telecommunication Union (ITU), 97% of the Canadian population and 89% of the U.S. populace were internet users in 2019. Additionally, the presence of a large number of market players...