Regulatory technology, also known as a "RegTech" is a new field within the financial services industry that utilizes information technology to enhance regulatory processes. It puts a particular emphasis on regulatory monitoring, reporting and compliance and is thus benefiting the finance industry. The objective of RegTech is to enhance transparency as well as consistency and to standardize regulatory processes, to deliver sound interpretations of ambiguous regulations and thus to provide higher levels of quality at lower cost. Oftentimes RegTech companies utilize the cloud through software-as-a-service. RegTech to date has been focused on the digitization of manual reporting and compliance processes, for example in the context of know your customer requirements. This offers significant cost savings to the financial services industry and regulators. However, a 2016 academic paper suggested that the potential of RegTech is far greater stating that "it has the potential to enable a close to real-time and proportionate regulatory regime that identifies and addresses risk while also facilitating far more efficient regulatory compliance".
According to our (Global Info Research) latest study, the global Regulatory Technology (RegTech) market size was valued at USD 3002.5 million in 2022 and is forecast to a readjusted size of USD 13260 million by 2029 with a CAGR of 23.6% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The main Regulatory Technology (RegTech) players include Bearingpoint, MetricStream, NICE Actimize, Broadridge, Traiana, etc. The top five Regulatory Technology (RegTech) players account for approximately 47% of the total global market. Europe is the largest consumer market for Regulatory Technology (RegTech) accounting for about 69%, followed by America and China. In terms of Type, Identity Management & Control is the largest segment with a share of 21%. And in terms of Applications, the largest segment is Large Enterprises, followed by SMEs.
This report is a detailed and comprehensive analysis for global Regulatory Technology (RegTech) market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Regulatory Technology (RegTech) market size and forecasts, in consumption value ($ Million), 2018-2029
Global Regulatory Technology (RegTech) market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Regulatory Technology (RegTech) market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global Regulatory Technology (RegTech) market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Regulatory Technology (RegTech)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Regulatory Technology (RegTech) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Bearingpoint, MetricStream, NICE Actimize, Broadridge and Traiana, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Regulatory Technology (RegTech) market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Risk Management
Identity Management & Control
Compliance
Regulatory Reporting
Transaction Monitoring
Others
Market segment by Application
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
Market segment by players, this report covers
Bearingpoint
MetricStream
NICE Actimize
Broadridge
Traiana
Finastra
Targens GmbH
Acin
Fenergo
Accuity
Lombard Risk
Agreement Express
Exiger (DDIQ)
EastNets
Amlpartners
Sysnet Global Solutions
MindBridge Ai
IdentityMind Global
Regbot
Arachnys
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Regulatory Technology (RegTech) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Regulatory Technology (RegTech), with revenue, gross margin and global market share of Regulatory Technology (RegTech) from 2018 to 2023.
Chapter 3, the Regulatory Technology (RegTech) competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Regulatory Technology (RegTech) market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Regulatory Technology (RegTech).
Chapter 13, to describe Regulatory Technology (RegTech) research findings and conclusion.
Summary:
Get latest Market Research Reports on Regulatory Technology (RegTech). Industry analysis & Market Report on Regulatory Technology (RegTech) is a syndicated market report, published as Global Regulatory Technology (RegTech) Market 2023 by Company, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Regulatory Technology (RegTech) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.