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 contains market size and forecasts of Regulatory Technology (RegTech) in Global, including the following market information:

Global Regulatory Technology (RegTech) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Regulatory Technology (RegTech) market was valued at 3002.5 million in 2021 and is projected to reach US$ 13260 million by 2028, at a CAGR of 23.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Risk Management Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Regulatory Technology (RegTech) include Bearingpoint, MetricStream, NICE Actimize, Broadridge, Traiana, Finastra, Targens GmbH, Acin and Fenergo, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

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, 2017-2022, 2023-2028 ($ millions)

Global Regulatory Technology (RegTech) Market Segment Percentages, by Type, 2021 (%)

Risk Management

Identity Management & Control

Compliance

Regulatory Reporting

Transaction Monitoring

Others

Global Regulatory Technology (RegTech) Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Regulatory Technology (RegTech) Market Segment Percentages, by Application, 2021 (%)

Small and Medium-sized Enterprises (SMEs)

Large Enterprises

Global Regulatory Technology (RegTech) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Regulatory Technology (RegTech) Market Segment Percentages, By Region and Country, 2021 (%)

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, 2017-2022 (estimated), ($ millions)

Key companies Regulatory Technology (RegTech) revenues share in global market, 2021 (%)

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