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".
According to our (Global Info Research) latest study, the global Regulatory Technology (RegTech) market size was valued at USD 3002.5 million in 2022 and is forecast to a readjusted size of USD 13260 million by 2029 with a CAGR of 23.6% during review 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.
For more information (Including Full TOC, List of Tables & Figures, Chart), please click @ https://www.globalinforesearch.com/reports/1003317/regulatory-technology-(regtech)
This report is a detailed and comprehensive analysis for global Regulatory Technology (RegTech) market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Market segmentation
Regulatory Technology (RegTech) market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Risk Management
Identity Management & Control
Compliance
Regulatory Reporting
Transaction Monitoring
Others
Market segment by Application
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
Market segment by players, this report covers
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
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Regulatory Technology (RegTech) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Regulatory Technology (RegTech), with price, sales, revenue and global market share of Regulatory Technology (RegTech) from 2018 to 2023.
Chapter 3, the Regulatory Technology (RegTech) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Regulatory Technology (RegTech) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Regulatory Technology (RegTech) market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Regulatory Technology (RegTech).
Chapter 14 and 15, to describe Regulatory Technology (RegTech) sales channel, distributors, customers, research findings and conclusion.
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