Regulatory Technology Market

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".
Regulatory Technology Market aims to provide a comprehensive presentation of the global market for Regulatory Technology (RegTech), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Regulatory Technology (RegTech). Regulatory Technology Market contains market size and forecasts of Regulatory Technology (RegTech) in global, including the following market information:
Global Regulatory Technology (RegTech) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Regulatory Technology (RegTech) market was valued at US$ 3002.5 million in 2022 and is projected to reach US$ 13260 million by 2029, at a CAGR of 23.6% during the forecast 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.
We surveyed the Regulatory Technology (RegTech) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Regulatory Technology (RegTech) Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Regulatory Technology (RegTech) Market Segment Percentages, by Type, 2022 (%)
Risk Management
Identity Management & Control
Compliance
Regulatory Reporting
Transaction Monitoring
Others
Global Regulatory Technology (RegTech) Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Regulatory Technology (RegTech) Market Segment Percentages, by Application, 2022 (%)
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
Global Regulatory Technology (RegTech) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Regulatory Technology (RegTech) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Regulatory Technology (RegTech) revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Regulatory Technology (RegTech) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Regulatory Technology (RegTech), market overview.
Chapter 2: Global Regulatory Technology (RegTech) market size in revenue.
Chapter 3: Detailed analysis of Regulatory Technology (RegTech) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Regulatory Technology (RegTech) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.