RegTech Market Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Solutions and Services), Deployment Type (On-premises and Cloud), Enterprise Size (SMEs and Large Enterprises), Application (Risk and Compliance Management, AML and Fraud Management, and Identity Management), and Industry Vertical (Banks, Insurance, and Others)
The RegTech market is estimated to grow from US$ 7.55 billion in 2022 to US$ 42.73 billion by 2030; it is projected to grow at a CAGR of 24.2% from 2022 to 2030. The RegTech market has witnessed significant growth in recent years. Factors such as the rise in fraudulent activities such as money laundering and phishing have created a need for robust regulatory technology solutions across the globe, which is expected to contribute to the growth of the market. RegTech solution helps organizations detect and prevent fraudulent activities, ensuring compliance with regulations. Moreover, the rapid adoption of advanced technologies, such as big data, artificial intelligence (AI), machine learning (ML), natural language processing (NLP), and cloud computing, has played a major role in driving the RegTech market. Additionally, increasing preference for above-mentioned advanced technologies across the globe is expected to bring new RegTech market trends in the coming years.
In terms of CAGR, Asia Pacific is anticipated to grow at the fastest over the forecast period. The Asia Pacific RegTech market is segmented into Japan, China, South Korea, India, Australia, and the Rest of Asia Pacific. Asia Pacific is witnessing significant investments in digital transformation and the adoption of innovative technologies. The rapid development of domestic businesses, extensive infrastructure development, and a surge in GDP in various countries facilitate the RegTech market expansion. Over the past four years, the internet economy in Asia alone has experienced remarkable growth, with its size increasing more than threefold to reach a value of US$ 100 billion in 2019. This growth can be attributed to countries such as Malaysia, Thailand, Singapore, and the Philippines, which have witnessed annual growth rates ranging from 20% to 30%. Thus, the aforementioned trends are anticipated to propel the RegTech market in the coming years.
Regulatory Technology (RegTech) is an emerging platform that combines regulations with technology to facilitate compliance with increasingly complex regulations in various industries, including banking, finance, communication, and energy. RegTech solutions serve users by providing in-process monitoring and offering solutions to address points that do not comply with regulations. As a result, RegTech helps companies generate cost-effective and real-time solutions from their risk and compliance units.
IBM Corporation; Deloitte; Thomson Reuters Corporation; PWC; Broadridge Financial Solutions, Inc.; MetricStream Inc.; Jumio; ACTICO GmbH; Acuity Group Limited; and Ascent Technologies are among the vital players profiled in the RegTech market report. The RegTech market report emphasizes the key factors driving the market and prominent players' developments.
The overall RegTech market analysis has been derived using both primary and secondary sources. To begin the RegTech market research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the RegTech market. The process also serves the purpose of obtaining an overview and market forecast for the RegTech market growth with respect to all market segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights about the topic. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the RegTech market forecast.
In terms of CAGR, Asia Pacific is anticipated to grow at the fastest over the forecast period. The Asia Pacific RegTech market is segmented into Japan, China, South Korea, India, Australia, and the Rest of Asia Pacific. Asia Pacific is witnessing significant investments in digital transformation and the adoption of innovative technologies. The rapid development of domestic businesses, extensive infrastructure development, and a surge in GDP in various countries facilitate the RegTech market expansion. Over the past four years, the internet economy in Asia alone has experienced remarkable growth, with its size increasing more than threefold to reach a value of US$ 100 billion in 2019. This growth can be attributed to countries such as Malaysia, Thailand, Singapore, and the Philippines, which have witnessed annual growth rates ranging from 20% to 30%. Thus, the aforementioned trends are anticipated to propel the RegTech market in the coming years.
Regulatory Technology (RegTech) is an emerging platform that combines regulations with technology to facilitate compliance with increasingly complex regulations in various industries, including banking, finance, communication, and energy. RegTech solutions serve users by providing in-process monitoring and offering solutions to address points that do not comply with regulations. As a result, RegTech helps companies generate cost-effective and real-time solutions from their risk and compliance units.
IBM Corporation; Deloitte; Thomson Reuters Corporation; PWC; Broadridge Financial Solutions, Inc.; MetricStream Inc.; Jumio; ACTICO GmbH; Acuity Group Limited; and Ascent Technologies are among the vital players profiled in the RegTech market report. The RegTech market report emphasizes the key factors driving the market and prominent players' developments.
The overall RegTech market analysis has been derived using both primary and secondary sources. To begin the RegTech market research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the RegTech market. The process also serves the purpose of obtaining an overview and market forecast for the RegTech market growth with respect to all market segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights about the topic. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the RegTech market forecast.
1. INTRODUCTION
1.1 Scope of the Study
1.2 Market Definition, Assumptions and Limitations
1.3 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights
2.2 Market Attractiveness Analysis
3. RESEARCH METHODOLOGY
4. REGTECH MARKET LANDSCAPE
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. REGTECH MARKET - KEY MARKET DYNAMICS
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
5.5 Impact Analysis of Drivers and Restraints
6. REGTECH MARKET - GLOBAL MARKET ANALYSIS
6.1 RegTech - Global Market Overview
6.2 RegTech - Global Market and Forecast to 2031
7. REGTECH MARKET – REVENUE ANALYSIS (USD MILLION) – BY COMPONENT, 2021-2031
7.1 Overview
7.2 Solutions
7.3 Services
8. REGTECH MARKET – REVENUE ANALYSIS (USD MILLION) – BY DEPLOYMENT TYPE, 2021-2031
8.1 Overview
8.2 On-premises
8.3 Cloud
9. REGTECH MARKET – REVENUE ANALYSIS (USD MILLION) – BY ENTERPRISE SIZE, 2021-2031
9.1 Overview
9.2 SMEs
9.3 Large Enterprises
10. REGTECH MARKET – REVENUE ANALYSIS (USD MILLION) – BY APPLICATION, 2021-2031
10.1 Overview
10.2 Risk and Compliance Management
10.3 AML and Fraud Management
10.4 Identity Management
11. REGTECH MARKET – REVENUE ANALYSIS (USD MILLION) – BY INDUSTRY VERTICAL, 2021-2031
11.1 Overview
11.2 Banks
11.3 Insurance
11.4 Others
12. REGTECH MARKET - REVENUE ANALYSIS (USD MILLION), 2021-2031 – GEOGRAPHICAL ANALYSIS
12.1 North America
12.1.1 North America RegTech Market Overview
12.1.2 North America RegTech Market Revenue and Forecasts to 2031
12.1.3 North America RegTech Market Revenue and Forecasts and Analysis - By Component
12.1.4 North America RegTech Market Revenue and Forecasts and Analysis - By Deployment Type
12.1.5 North America RegTech Market Revenue and Forecasts and Analysis - By Enterprise Size
12.1.6 North America RegTech Market Revenue and Forecasts and Analysis - By Application
12.1.7 North America RegTech Market Revenue and Forecasts and Analysis - By Industry Vertical
12.1.8 North America RegTech Market Revenue and Forecasts and Analysis - By Countries
12.1.8.1 United States RegTech Market
12.1.8.1.1 United States RegTech Market, by Component
12.1.8.1.2 United States RegTech Market, by Deployment Type
12.1.8.1.3 United States RegTech Market, by Enterprise Size
12.1.8.1.4 United States RegTech Market, by Application
12.1.8.1.5 United States RegTech Market, by Industry Vertical
12.1.8.2 Canada RegTech Market
12.1.8.2.1 Canada RegTech Market, by Component
12.1.8.2.2 Canada RegTech Market, by Deployment Type
12.1.8.2.3 Canada RegTech Market, by Enterprise Size
12.1.8.2.4 Canada RegTech Market, by Application
12.1.8.2.5 Canada RegTech Market, by Industry Vertical
12.1.8.3 Mexico RegTech Market
12.1.8.3.1 Mexico RegTech Market, by Component
12.1.8.3.2 Mexico RegTech Market, by Deployment Type
12.1.8.3.3 Mexico RegTech Market, by Enterprise Size
12.1.8.3.4 Mexico RegTech Market, by Application
12.1.8.3.5 Mexico RegTech Market, by Industry Vertical
Note - Similar analysis would be provided for below mentioned regions/countries
12.2 Europe
12.2.1 Germany
12.2.2 France
12.2.3 Italy
12.2.4 United Kingdom
12.2.5 Russia
12.2.6 Rest of Europe
12.3 Asia-Pacific
12.3.1 Australia
12.3.2 China
12.3.3 India
12.3.4 Japan
12.3.5 South Korea
12.3.6 Rest of Asia-Pacific
12.4 Middle East and Africa
12.4.1 South Africa
12.4.2 Saudi Arabia
12.4.3 U.A.E
12.4.4 Rest of Middle East and Africa
12.5 South and Central America
12.5.1 Brazil
12.5.2 Argentina
12.5.3 Rest of South and Central America
13. INDUSTRY LANDSCAPE
13.1 Mergers and Acquisitions
13.2 Agreements, Collaborations, Joint Ventures
13.3 New Product Launches
13.4 Expansions and Other Strategic Developments
14. COMPETITIVE LANDSCAPE
14.1 Heat Map Analysis by Key Players
14.2 Company Positioning and Concentration
15. REGTECH MARKET - KEY COMPANY PROFILES
15.1 IBM Corporation
15.1.1 Key Facts
15.1.2 Business Description
15.1.3 Products and Services
15.1.4 Financial Overview
15.1.5 SWOT Analysis
15.1.6 Key Developments
Note - Similar information would be provided for below list of companies
15.2 Deloitte
15.3 Thomson Reuters Corporation
15.4 PWC
15.5 Broadridge Financial Solutions, Inc.
15.6 Broadridge Financial Solutions, Inc.
15.7 Jumio
15.8 ACTICO GmbH
15.9 Acuity Group Limited
15.10 Ascent Technologies
16. APPENDIX
16.1 Glossary
16.2 About The Insight Partners
16.3 Market Intelligence Cloud
1.1 Scope of the Study
1.2 Market Definition, Assumptions and Limitations
1.3 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights
2.2 Market Attractiveness Analysis
3. RESEARCH METHODOLOGY
4. REGTECH MARKET LANDSCAPE
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. REGTECH MARKET - KEY MARKET DYNAMICS
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
5.5 Impact Analysis of Drivers and Restraints
6. REGTECH MARKET - GLOBAL MARKET ANALYSIS
6.1 RegTech - Global Market Overview
6.2 RegTech - Global Market and Forecast to 2031
7. REGTECH MARKET – REVENUE ANALYSIS (USD MILLION) – BY COMPONENT, 2021-2031
7.1 Overview
7.2 Solutions
7.3 Services
8. REGTECH MARKET – REVENUE ANALYSIS (USD MILLION) – BY DEPLOYMENT TYPE, 2021-2031
8.1 Overview
8.2 On-premises
8.3 Cloud
9. REGTECH MARKET – REVENUE ANALYSIS (USD MILLION) – BY ENTERPRISE SIZE, 2021-2031
9.1 Overview
9.2 SMEs
9.3 Large Enterprises
10. REGTECH MARKET – REVENUE ANALYSIS (USD MILLION) – BY APPLICATION, 2021-2031
10.1 Overview
10.2 Risk and Compliance Management
10.3 AML and Fraud Management
10.4 Identity Management
11. REGTECH MARKET – REVENUE ANALYSIS (USD MILLION) – BY INDUSTRY VERTICAL, 2021-2031
11.1 Overview
11.2 Banks
11.3 Insurance
11.4 Others
12. REGTECH MARKET - REVENUE ANALYSIS (USD MILLION), 2021-2031 – GEOGRAPHICAL ANALYSIS
12.1 North America
12.1.1 North America RegTech Market Overview
12.1.2 North America RegTech Market Revenue and Forecasts to 2031
12.1.3 North America RegTech Market Revenue and Forecasts and Analysis - By Component
12.1.4 North America RegTech Market Revenue and Forecasts and Analysis - By Deployment Type
12.1.5 North America RegTech Market Revenue and Forecasts and Analysis - By Enterprise Size
12.1.6 North America RegTech Market Revenue and Forecasts and Analysis - By Application
12.1.7 North America RegTech Market Revenue and Forecasts and Analysis - By Industry Vertical
12.1.8 North America RegTech Market Revenue and Forecasts and Analysis - By Countries
12.1.8.1 United States RegTech Market
12.1.8.1.1 United States RegTech Market, by Component
12.1.8.1.2 United States RegTech Market, by Deployment Type
12.1.8.1.3 United States RegTech Market, by Enterprise Size
12.1.8.1.4 United States RegTech Market, by Application
12.1.8.1.5 United States RegTech Market, by Industry Vertical
12.1.8.2 Canada RegTech Market
12.1.8.2.1 Canada RegTech Market, by Component
12.1.8.2.2 Canada RegTech Market, by Deployment Type
12.1.8.2.3 Canada RegTech Market, by Enterprise Size
12.1.8.2.4 Canada RegTech Market, by Application
12.1.8.2.5 Canada RegTech Market, by Industry Vertical
12.1.8.3 Mexico RegTech Market
12.1.8.3.1 Mexico RegTech Market, by Component
12.1.8.3.2 Mexico RegTech Market, by Deployment Type
12.1.8.3.3 Mexico RegTech Market, by Enterprise Size
12.1.8.3.4 Mexico RegTech Market, by Application
12.1.8.3.5 Mexico RegTech Market, by Industry Vertical
Note - Similar analysis would be provided for below mentioned regions/countries
12.2 Europe
12.2.1 Germany
12.2.2 France
12.2.3 Italy
12.2.4 United Kingdom
12.2.5 Russia
12.2.6 Rest of Europe
12.3 Asia-Pacific
12.3.1 Australia
12.3.2 China
12.3.3 India
12.3.4 Japan
12.3.5 South Korea
12.3.6 Rest of Asia-Pacific
12.4 Middle East and Africa
12.4.1 South Africa
12.4.2 Saudi Arabia
12.4.3 U.A.E
12.4.4 Rest of Middle East and Africa
12.5 South and Central America
12.5.1 Brazil
12.5.2 Argentina
12.5.3 Rest of South and Central America
13. INDUSTRY LANDSCAPE
13.1 Mergers and Acquisitions
13.2 Agreements, Collaborations, Joint Ventures
13.3 New Product Launches
13.4 Expansions and Other Strategic Developments
14. COMPETITIVE LANDSCAPE
14.1 Heat Map Analysis by Key Players
14.2 Company Positioning and Concentration
15. REGTECH MARKET - KEY COMPANY PROFILES
15.1 IBM Corporation
15.1.1 Key Facts
15.1.2 Business Description
15.1.3 Products and Services
15.1.4 Financial Overview
15.1.5 SWOT Analysis
15.1.6 Key Developments
Note - Similar information would be provided for below list of companies
15.2 Deloitte
15.3 Thomson Reuters Corporation
15.4 PWC
15.5 Broadridge Financial Solutions, Inc.
15.6 Broadridge Financial Solutions, Inc.
15.7 Jumio
15.8 ACTICO GmbH
15.9 Acuity Group Limited
15.10 Ascent Technologies
16. APPENDIX
16.1 Glossary
16.2 About The Insight Partners
16.3 Market Intelligence Cloud
