Overview
The banks and financial institutions operate in a highly regulated environment and continuously face new regulations to prevent money laundering and restrict terrorist funding. Banks spend hefty amount due to fines and penalties for non-compliance with regulations. The annual spending of the financial institutions for non-compliance issues is more than $100 billion. The FinTech industry, over the last couple of years, has realized the need and opportunity of RegTech software. The RegTech vendors offer software to simplify the implementation of regulations for financial institutions.
Get Sample Copy Of The Report@ https://www.trendsmarketresearch.com/report/sample/9879
Market Revenue and Segmentation Analysis
The global RegTech market revenue is estimated to be $2,321.5 million in 2018 and is expected to reach $7,207.6 million by 2023, growing at a CAGR of 25.4% during the forecast period 2018–2023. The solutions include compliance management, reporting, identity management, and risk management. The compliance management solution segment is expected to grow at the highest CAGR during the forecast period. The solutions help organizations in key compliance areas and risk aversion for AML, KYC, MiFID II, Basel III, PSD 2, Solvency II, and AIFMD. The traditional compliance tools are not found to be effective to respond to regulatory changes in recent times. With the major focus of governments across regions with GDPR guidelines, RegTech is expected to majorly impact the financial service organizations. With an increased focus on data protection rules, organizations need to strictly adhere to compliances and monitor transparency in money transactions as laid down by the regulatory bodies to avoid huge penalties. Many RegTech vendors have partnered with GRC vendors to enhance their reach to the market and clients.
The adoption of RegTech is the highest in Europe owing to strict and mandatory rules and directives for financial transactions and data protection. The cloud deployment mode offers enterprises to opt for SaaS on a subscription basis as per usage rather than incurring costs on hardware and infrastructure. The Asia Pacific region holds a huge potential for the vendors and is expected to grow at the highest CAGR during the forecast period 2018–2023. The Asia Pacific region is expected to witness growth in RegTech due to the presence of a few emerging countries and financial hubs in Hong Kong, Singapore, and India.
The organization size includes large enterprises and SMEs. The large enterprises are estimated to hold the significant market share in 2018, however, SMEs are expected to grow at higher CAGR. The cloud migration of SMEs is comparatively easier than large enterprises, which is driving the growth of SaaS adoption. The organizations are deploying RegTech solutions because of the increasing focus to expedite regulatory operations and manually reduce the complexities for risk assessment.
Request For Report Discount@ https://www.trendsmarketresearch.com/report/discount/9879
Regions Analysis
The regions covered in the report are North America, Europe, Asia Pacific, Middle East Africa, and Latin America. The countries covered are the US, Canada, Germany, the UK, France, Netherlands, Switzerland, China, India, Australia, Japan, Singapore, Israel, United Arab Emirates (UAE), Brazil, and Mexico.
Benefits and Vendors
The report contains an in-depth analysis of vendor profiles, which include overview and offerings; and competitive landscape. The emergence of technologies, such as AI, ML, and automation, is impacting the market growth and organizations are adopting RegTech solutions for accurate document verifications, quick data insights, and to reduce risk vulnerability. The companies profiled in the report are Algoreg, Clarus, Reportix, NEX Regulatory Reporting, Lombard Risk, Ayasdi, Featurespace, Abside Smart Financial Technologies, Fintellix Solutions, Promapp, NetGuardians, AML Partners, EastNets, OpusDatum, and AXIOMSL.
The study offers a comprehensive analysis of the “Global RegTech Market”. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for companies to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, it helps the venture capitalists in understanding the companies better and take informed decisions.
Report Description @ https://www.trendsmarketresearch.com/report/analysis/IR/global-regulatory-technology-(regtech)-market
This market research report identifies Friendsurance, Oscar, ZhongAn, Allay, Analyze Re, GetInsured, Bayzat, Bought By Many, Claim Di, and CommonEasy as the major vendors operating in the global Insurtech market.
This report also provides a detailed analysis of the market by components (Software and Services), types (Retail Insurance and Commercial Insurance), by application (Health insurance, Property and casualty insurance, Life insurance, and Others), and region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America).Get Sample Copy Of The Report@ https://www.trendsmarketresearch.com/report/sample/9829 Infoholic’s market research report predicts that the global InsurTech market revenue is valued at $532.7 million in 2018 and is expected to reach $1,119.8 million by 2023, growing at a CAGR of 16.0% during the forecast period 2018–2023.
The insurance sector is all set to adopt new technologies and attract new customers along with retaining the clients delighting with services.
The Asia Pacific region is likely to witness growth in InsurTech due to the presence of few emerging countries and financial hubs in Hong Kong, Singapore, and India.
Also, the insurers are focusing on providing cheap and affordable insurance premium plans in the diversely populated region.Competitive Analysis and Key VendorsThe banks and financial institutions are witnessing transformation with the emergence of FinTech vendors, thereby disrupting the traditional model of operations and processes.
Insurers face stiff competition, and the insurance market is considered mature in most of the countries.
Overview The banks and financial institutions operate in a highly regulated environment and continuously face new regulations to prevent money laundering and restrict terrorist funding.
The annual spending of the financial institutions for non-compliance issues is more than $100 billion.
Market Revenue and Segmentation Analysis The global RegTech market revenue is estimated to be $2,321.5 million in 2018 and is expected to reach $7,207.6 million by 2023, growing at a CAGR of 25.4% during the forecast period 2018–2023.
The solutions include compliance management, reporting, identity management, and risk management.
The solutions help organizations in key compliance areas and risk aversion for AML, KYC, MiFID II, Basel III, PSD 2, Solvency II, and AIFMD.
With the major focus of governments across regions with GDPR guidelines, RegTech is expected to majorly impact the financial service organizations.
Global Hyper-converged Infrastructure Market Research Report: By Hypervisor Type (VMware, KVM, and Hyper-V), by Application (Virtual Desktop Infrastructure, Server Virtualization, Data Protection, Remote Office, Cloud), by Vertical — Forecast till 2023 Market HighlightsThe global hyper-converged infrastructure market is projected to witness a rapid growth during the forecast period owing to the increasing use of virtualization across various industry verticals.
Moreover, increasing demand for hyper-convergence solutions is expected to boost the market growth further.The global hyper-converged infrastructure market by geography is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
Due to sustainable and well-established economies in the region, the market is likely to show immense growth potential in the coming future.
Avail the in-depth table of content TOC & market synopsis on “Hyper-converged infrastructure Market Research Report-Forecast to 2023”.
Regional AnalysisThe global Hyper-Converged Infrastructure Market is studied for Asia Pacific, North America, Europe, and Rest of the World.
The growth of the market in North America can be attributable to advancements in the electronics industry and increasing demand for hyper-converged solutions across various other industry verticals.
The optical glass market share has widened across the world as growing applications in medical devices such as surgical tools & diagnostics and therapeutics, which is anticipated to offer potential growth opportunities for the market.
There is higher adoption of it as it can be used as reinforcement material, aesthetic, environmental protection, container material, thermal insulator, building supplies, container material and for optical device systems.
It has vast applications which is, using it as consumer optics because that allows more light to transmit through lenses or glasses with terminating reflection, thereby enhancing the clarity in vision.Click to Continue Reading on https://www.adroitmarketresearch.com/industry-reports/optical-glass-marketThe global optical glass market, based on geography, is segmented into Asia-Pacific, North America, LAMEA and Europe.
Growing economic growth and higher disposable income have favored increased adoption of consumer electronics such as laptops, computers, TVs, TFT, smart phones, tablets, and LED screens in emerging countries such as China, Brazil and India, which propelled the demand for optical glass.
According to the National Institution for Transforming India (NITI) Aayog, Government of India, the electronics equipment production of world in 2014 crossed millions, which escalated the demand for optical glass in semiconductor & electronics sector.
However, the factor that may lower the market growth due to volatile price.The global optical glass market is segmented in the basis of application, geography and type.
Adroit Market Research studied “Global Solar Tracker Market, by product (Single Axis and Dual Axis), by technology [Photovoltaic (PV), Concentrated Photovoltaic (CPV) and Concentrated solar power (CSP)] by application (Utility and Non-Utility) and by region (North America, Europe, South America, Asia Pacific and Middle East & Africa) size and forecast 2015-2025”.
The Study includes global solar tracker market size till 2025 along with company summaries which include company overview, product offering, and recent developments and financial overview.The global solar tracker market size is expected to reach to 39GW capacity by the end of 2025.
Photovoltaic panels take both direct and diffuse sunlight to produce electric energy increasing its power output.
Improved power output and efficiency coupled with increased electricity cost due to the supply-demand gap, photovoltaic solar trackers have surged in demand and are likely to dominate as no direct substitute is expected in the global solar tracker market during the forecast period.Utility accounted to more than 80% share in the global solar tracker market.
Similarly; smart city projects, reducing cost of solar trackers and government schemes across the globe are expected to boost the demand of solar trackers in non-utility sector of the global solar tracker market.Jawaharlal Nehru National Solar Mission, Rooftop scheme executed by SECI (Solar Energy Corporation of India) and Ujjwal Discom Assurance Yojna are few of the key initiatives by the government of India.
For instance, in 2016, NEXTracker a players in global solar tracker market announced that it had delivered India’s largest solar tracker power plant with collaboration with Adani Power Ltd. in the state of Punjab with a capacity of 105 MW.
Emotion analytics software programs are used by the organizations in data collection, data classification, data analytics, and data visualization.Market Analysis:According to Infoholic Research, the Worldwide Emotion Analytics market is estimated to witness a CAGR of 82.9% during the forecast period 2016–2022 to aggregate $1,711.0 million by 2022.
The emotion analytics market is analyzed based on five segments – technologies, types, solutions, verticals and regions.
Facial analytics is driving the emotion analytics market as a lot of organizations are showing interest in analyzing customer’s facial expressions and their emotions, which would help them in knowing customer perceptions towards their products.The solutions covered in the report are API & SDK, mobile & web application, cloud and others.
Media & entertainment is the leading industry in the emotion analytics market and education sector will have a lot of opportunities in the next 5 years.
The demand for surveillance cameras for security purposes and videos for media & entertainment and photography & events has increased the growth rate for the video analytics market.Request For Report Discount@ https://www.trendsmarketresearch.com/report/discount/9798 Regional Analysis:North America is the fastest growing region in the world, where a lot of technologies are emerging and being implemented by various organizations.
APAC is expected to have the major market share with a CAGR of 85.8% in emotion analytics followed by EMEA.Key Players:Some of the key players are Microsoft, IBM, Retinad Virtual Reality, Neuromore, Imotions A/S, Kairos, Beyond Verbal, Affectiva, Eyeris (EmoVu), etc.
