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Global RegTech Market Size Study, By Type, Application, and Regional Forecasts 2029

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Kartik Pilla
Global RegTech Market Size Study, By Type, Application, and Regional Forecasts 2029


Bharat Book Bureau Provides the Trending Market Research Report on “RegTech Market by Component, Application, Organization Size, Deployment Mode, Technology, End User (Healthcare, BFSI, IT & Telecommunications, Government & Public Sector, Transportation & Logistics, Food & Beverage, Manufacturing) - Forecast to 2029” under the Services Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence, and Market reports.

The research report titled, ‘RegTech Market by Component, Application, Organization Size, Deployment Mode, Technology, End User (Healthcare, BFSI, Retail, IT & Telecommunications, Government & Public Sector, Transportation & Logistics, Food & Beverage, Manufacturing, Other End Users)—Global Forecast to 2029,’ provides an in-depth analysis of the RegTech market in five major geographies and emphasizes on the current market trends, market size, market share, recent developments, and forecast till 2029.

The global RegTech Market is projected to reach USD 23.6 billion by 2029, growing at a CAGR of 16.5% during the forecast period of 2022 to 2029. The growth of this market is mainly attributed to the growing number of fraudulent activities, the increasing need to automate regulatory compliance processes, and the rising need for faster transactions. The study offers a comprehensive analysis of the global RegTech segmented by component, application, technology, organization size, deployment mode, end-use industry, and geography.


The global RegTech market is segmented on the basis of component (solutions/platforms/dashboards, services), application (regulatory compliance, risk management, financial crime management, identity management/identification & background checks, compliance support, cybersecurity/information security, onboarding verification, transaction monitoring), organization size (large enterprises, small & medium-sized enterprises), deployment mode (on-premise deployments, cloud-based deployments), technology (cloud computing, predictive data analytics, data transfer protocols, natural language processing, semantics/graph analysis, biometric, blockchain, machine learning, deep learning, robotic process automation, other technologies), end users (healthcare, BFSI, retail, IT & telecommunications, government & public sector, transportation & logistics, food & beverage, manufacturing, and other end users). The study also evaluates industry competitors and analyses the market at a country level.

Based on component, the global RegTech market is segmented into solutions/platforms/dashboards and services. In 2022, the solutions/platforms/dashboards segment is expected to account for the largest share of the global RegTech market. The large market share of this segment is attributed to the increasing emphasis by leading RegTech players to launch money laundering and financial crime management solutions, the growing need to monitor regulatory changes, monitor risk, generate reports for compliance departments, the growing demand for AML/CFT solutions by Asian countries, and the growing demand by banks to deploy solutions for data protection, detect fraud in time, and prioritize compliance. However, the services segment is expected to register the highest CAGR during the forecast period due to the efforts by RegTech providers to launch new RegTech service offerings, the rising number of RegTech services launches to stay up-to-date on new and updated regulations, the increasing need of process management, tracking, and reporting, and the increasing demand for designing, implementation & support, and consulting & development of RegTech solutions.

Based on end user, the global RegTech market is segmented into healthcare, BFSI, retail, IT & telecommunications, government & public sector, transportation & logistics, food & beverage, manufacturing, and other end users. In 2022, the BFSI segment is expected to account for the largest share of the global RegTech market. The large market share of this segment is attributed to the efforts by companies to launch compliance solutions to simplify and expedite the compliance process for banking and financial instructions, the increasing product launches for financial crimes intelligence, and the increasing demand to build risk-based compliance programs. Additionally, the same industry is expected to register the highest CAGR during the forecast period.

Based on geography, the global RegTech market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2022, Europe is expected to account for the largest share of the global RegTech market. The large share of this regional market is attributed to the growing deployment of financial solutions, European regulatory framework, regional developments in technologies, the increasing acceptance of digital currency, the strong presence of leading financial firms, fintech regulations by the government, dominant force of technological developments, and the rising emphasis of U.K.’s leading players to launch RegTech solutions. However, the Asia-Pacific region is slated to register the highest CAGR due to the rising demand for effective digital payment services, the well-established presence of fintech hotspots, heavy investments in fintech projects in China, a favorable Indian government initiative that supports the development of the RegTech solutions, and region’s startups and tech community in financial services.

The key players operating in the global RegTech market are NICE Ltd. (Israel), Broadridge Financial Solutions, Inc. (U.S.), Deloitte Touche Tohmatsu Limited (U.K.), IBM Corporation (U.S.), Wolters Kluwer N.V. (Netherlands), Ascent Technologies Inc. (U.S.), SymphonyAI Sensa LLC (U.S.), Chainalysis Inc. (U.S.), cleversoft group GmbH (Germany), Corlytics (Ireland), DataCo GmbH (Germany), Hummingbird RegTech, Inc. (U.S.), Jumio Corporation (U.S.), MetricStream Inc. (U.S.), MindBridge Analytics Inc. (Canada), Pole Star Space Applications Limited (U.K.), REGnosys Limited (U.K.), and Trulioo Information Services Inc. (Canada).

Key questions answered in the report-

•Which are the high-growth market segments in terms of the components, applications, technologies, organization size, deployment mode, end user, and countries?

•What is the historical market for RegTech across the globe?

•What are the market forecasts and estimates for 2022–2029?

•What are the major drivers, restraints, and opportunities in the global RegTech market?

•Who are the major players in the global RegTech market, and what market share do they hold?

•Who are the major players in various countries and what share of the market do they hold?

•How is the competitive landscape?

•What are the recent developments in the global RegTech market?

•What are the different strategies adopted by the major players in the global RegTech market?

•What are the geographical trends and high-growth countries?

•Who are the local emerging players in the global RegTech market and how do they compete with the other players?

Scope of the Report

RegTech Market, by Component

•Solutions/Platforms/Dashboards

oAnti-money Laundering and Counter-terrorist Financing Solutions

oFraud Prevention Solutions

oPrudential Reporting Solutions

oICT Security Tools

oCreditworthiness Assessment Tools

oSupTech Solutions

•Services

oProfessional Services

oManaged Services

RegTech Market, by Application

•Regulatory Compliance

•Risk Management

•Financial Crime Management

•Identity Management/Identification & Background Checks

•Compliance Support

•Cybersecurity/Information Security

•Onboarding Verification

•Transaction Monitoring

RegTech Market, by Organization Size

•Small & Medium-sized Enterprises

•Large Enterprises

RegTech Market, by Deployment Mode

•On-premise Deployments

•Cloud-based Deployments

RegTech Market, by Technology

•Cloud Computing

•Predictive Data Analytics

•Data Transfer Protocols

•Natural Language Processing

•Semantics/Graph Analysis

•Biometrics

•Blockchain

•Machine Learning

•Deep Learning

•Robotic Process Automation

•Other Technologies

RegTech Market, by End User

•Healthcare

•BFSI

•Retail

•IT & Telecommunications

•Government & Public Sector

•Transportation & Logistics

•Food & Beverage

•Manufacturing

•Other End Users

RegTech Market, by region

•North America

oU.S.

oCanada

•Europe

oGermany

oU.K.

oFrance

oItaly

oSpain

oNetherland

oSwitzerland

oRest of Europe

•Asia-Pacific

oJapan

oChina

oIndia

oSouth Korea

oSingapore

oTaiwan

oAustralia and New Zealand

oRest of Asia-Pacific

•Latin America

oMexico

oBrazil

oRest of Latin America

•Middle East and Africa

oUAE

oIsrael

oRest of Middle East & Africa

Browse our full report with Table of Content:

https://www.bharatbook.com/report/1374685/regtech-market-by-component-application-organization-size-deployment-mode-technology-end-user-healthcare-bfsi-it-telecommunications-government-public-sector-transportation-logistics-food-beverage-manufacturing-forecast-to

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