Global Regtech(Regulatory Technology) market was valued US$ 2.45 Bn in 2017 and is expected to reach US$ 12.43 Bn by 2026, at a CAGR of 22.51 % during a forecast period. RegTech is a tool to develop efficiency and effectiveness. Regtech generally to include any technology or software created to address regulatory challenges and help companies understand regulatory requirements and stay compliant.
Increased cost of compliance, regulatory sandbox approach, and lower entry barriers for Saas-based offerings are boosting the global regtech market growth. Application of AI, machine learning, and blockchain to offer new efficiencies in compliance is expected to provide good opportunities for market growth. However, the high cost of software and lack of knowledge regarding the software deliverables are limiting the growth of the regtech market.
The challenging factors of the global regtech market are cybersecurity and privacy, and lack of data standardization. The risk & compliance management application is estimated to hold the largest market share in the forecast period. Risk management has become essential for seamless business functioning. Enterprises with an improper implementation of risk management programs are responsible for risks such as paying large amounts in drawbacks for not conforming to regulatory requirements.
Large enterprises segment is estimated to hold the largest market share, as most publicly traded companies are forced to adopt regulatory programs. Moreover, as rules and regulations keep varying as per industry and region, keeping a check on all the processes manually does not remain feasible.
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Scope of the Global RegTech Market
Global RegTech Market by Application
Compliance & Risk Management
Global RegTech Market by Organization Size
Global RegTech Market by Geography
Middle East & Africa
Key Players operating in the Global RegTech Market
Abside Smart Financial Technologies
Compliance Solutions Strategies (CSS)
London Stock Exchange Group (LSEG)
Sysnet Global Solutions
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North America is projected to hold the largest market share during the forecast period owing to the early adoption of regtech solutions by the North American financial institutions to reduce compliance cost by leveraging advanced technologies. North America constitutes of advanced economies, such as the US and Canada. These countries are significantly developed in terms of technology and its application deployments.
Table of Contents
Global Regtech(Regulatory Technology) Market Size, Status and Forecast 2026
Chapter 1 Preface
Chapter 2 Assumptions and Research Methodology
Chapter 3 Executive Summary: Global RegTech Market Size, by Market Value (US$ Bn)
Chapter 4 Market Overview
Chapter 5 Supply Side and Demand Side Indicators
Chapter 6 Global RegTech Market Analysis and Forecast
Chapter 7 Global RegTech Market Analysis and Forecast, by Organization size
Chapter 8 Global RegTech Market Analysis and Forecast, by Application
Chapter 9 Global RegTech Market Analysis, by Region
Chapter 10 North America RegTech Market Analysis
Chapter 11 Europe RegTech Market Analysis
Chapter 12 Asia Pacific RegTech Market Analysis
Chapter 13 Middle East & Africa RegTech Market Analysis
Chapter 14 South America RegTech Market Analysis
Chapter 15 Company Profiles
Chapter 16 Primary Key Insights
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