Cover Image
Market Research Report
Product code 
1072503

North America RegTech Market Size, Share & Industry Trends Analysis Report By Component, By Application, By Vertical, By Deployment Mode (Cloud and On-premise), By Organization Size, By Country and Growth Forecast, 2021 - 2027

Published: | KBV Research | 102 Pages | Delivery time: 1-2 business days

Price

Back to Top
North America RegTech Market Size, Share & Industry Trends Analysis Report By Component, By Application, By Vertical, By Deployment Mode (Cloud and On-premise), By Organization Size, By Country and Growth Forecast, 2021 - 2027
Published: March 31, 2022
KBV Research
Content info: 102 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents
  • List of Tables

The North America RegTech Market would witness market growth of 19.0% CAGR during the forecast period (2021-2027).

RegTech helps businesses in responding rapidly to rising regulatory reporting requirements while being cost-effective and secure. It's gaining traction in any regulated area, with a particular appeal for the consumer goods sector, and its primary application in the financial sector. RegTech aims to increase regulatory transparency, consistency, and standardization, as well as providing acceptable interpretations of ambiguous regulations and higher standards of quality at lower costs. Regulatory oversight, reporting, and compliance are among its key responsibilities.

Without the aid of technology, compliance personnel will likely find it extremely hard to keep up with the ever-increasing amount of regulation. Technology can quickly scan and analyze raw legal text and derive significant insights thanks to its ability to process large amounts of data at amazing rates. Manual, segregated procedures tend to leave holes in the compliance operation, increasing the risk of human mistakes and vulnerability. Implementing the correct technology (and strategically integrating those technologies where applicable) fills in the gaps and streamlines the compliance process. Technology solutions allow for increased transparency across the organization, integrating previously isolated individuals and processes. As a result, improved insights amongst business divisions may be exchanged more quickly, leading to a stronger compliance culture.

The desire to reduce the number of fraudulent activities is driving up regional demand for compliance with increasingly stringent regulations. One of the key elements fueling regional expansion is the rising list of regulatory requirements in the banking sector. The Dodd-Frank Act, for example, is 2,300 pages lengthy, according to the US House Committee on Financial Services. Some of the primary reasons driving the RegTech market are concerns about the successful implementation of such lengthy regulatory requirements.

Another important factor driving market growth in North America is the rise of compliance issues. The United States has a significant preference for risk and compliance management, as well as the automation of regulatory processes. Companies situated in the United States, such as IBM, Deloitte, and Broadridge Financial Solutions, are focusing on providing various RegTech solutions to help improve and automate corporate operations.

The US market dominated the North America RegTech Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $6,125.8 million by 2027. The Canada market is anticipated to grow at a CAGR of 21.7% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 20.7% during (2021 - 2027).

Based on Component, the market is segmented into Solution and Services (Professional and Managed). Based on Application, the market is segmented into Risk & Compliance Management, AML & Fraud Management, Identity Management, Regulatory Reporting, and Regulatory Intelligence. Based on Vertical, the market is segmented into Banking & Capital Markets, Insurance, and Non-Financial. Based on Deployment Mode, the market is segmented into Cloud and On-premise. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ACTICO GmbH, Jumio Corporation, MetricStream, Inc., NICE Ltd., Thomson Reuters Corporation, Wolters Kluwer N.V., IBM Corporation, Deloitte Touche Tohmatsu Limited, Broadridge financial solutions Inc., and Trulioo, Inc.

Scope of the Study

Market Segments covered in the Report:

By Component

  • Solution
  • Services
    • Professional
    • Managed

By Application

  • Risk & Compliance Management
  • AML & Fraud Management
  • Identity Management
  • Regulatory Reporting
  • Regulatory Intelligence

By Vertical

  • Banking & Capital Markets
  • Insurance
  • Non-Financial

By Deployment Mode

  • Cloud
  • On-premise

By Organization Size

  • Large Enterprises
  • Small & Medium Enterprises (SMEs)

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Companies Profiled

  • ACTICO GmbH
  • Jumio Corporation
  • MetricStream, Inc.
  • NICE Ltd.
  • Thomson Reuters Corporation
  • Wolters Kluwer N.V.
  • IBM Corporation
  • Deloitte Touche Tohmatsu Limited
  • Broadridge financial solutions Inc.
  • Trulioo, Inc.

Unique Offerings from KBV Research

  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology

  • 1.1 Market Definition
  • 1.2 Objectives
  • 1.3 Market Scope
  • 1.4 Segmentation
    • 1.4.1 North America RegTech Market, by Component
    • 1.4.2 North America RegTech Market, by Application
    • 1.4.3 North America RegTech Market, by Vertical
    • 1.4.4 North America RegTech Market, by Deployment Mode
    • 1.4.5 North America RegTech Market, by Organization Size
    • 1.4.6 North America RegTech Market, by Country
  • 1.5 Methodology for the research

Chapter 2. Market Overview

  • 2.1 Introduction
    • 2.1.1 Overview
      • 2.1.1.1 Market Composition and Scenario
  • 2.2 Key Factors Impacting the Market
    • 2.2.1 Market Drivers
    • 2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global

  • 3.1 KBV Cardinal Matrix
  • 3.2 Recent Industry Wide Strategic Developments
    • 3.2.1 Partnerships, Collaborations and Agreements
    • 3.2.2 Product Launches and Product Expansions
    • 3.2.3 Acquisition and Mergers
  • 3.3 Top Winning Strategies
    • 3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
    • 3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, May - 2022, Jan) Leading Players

Chapter 4. North America RegTech Market by Component

  • 4.1 North America Solution Market by Country
  • 4.2 North America Services Market by Country
  • 4.3 North America RegTech Market by Services Type
    • 4.3.1 North America Professional Market by Country
    • 4.3.2 North America Managed Market by Country

Chapter 5. North America RegTech Market by Application

  • 5.1 North America Risk & Compliance Management Market by Country
  • 5.2 North America AML & Fraud Management Market by Country
  • 5.3 North America Identity Management Market by Country
  • 5.4 North America Regulatory Reporting Market by Country
  • 5.5 North America Regulatory Intelligence Market by Country

Chapter 6. North America RegTech Market by Vertical

  • 6.1 North America Banking & Capital Markets Market by Country
  • 6.2 North America Insurance Market by Country
  • 6.3 North America Non-Financial Market by Country

Chapter 7. North America RegTech Market by Deployment Mode

  • 7.1 North America Cloud Market by Country
  • 7.2 North America On-premise Market by Country

Chapter 8. North America RegTech Market by Organization Size

  • 8.1 North America Large Enterprises Market by Country
  • 8.2 North America Small & Medium Enterprises (SMEs) Market by Country

Chapter 9. North America RegTech Market by Country

  • 9.1 US RegTech Market
    • 9.1.1 US RegTech Market by Component
      • 9.1.1.1 US RegTech Market by Services Type
    • 9.1.2 US RegTech Market by Application
    • 9.1.3 US RegTech Market by Vertical
    • 9.1.4 US RegTech Market by Deployment Mode
    • 9.1.5 US RegTech Market by Organization Size
  • 9.2 Canada RegTech Market
    • 9.2.1 Canada RegTech Market by Component
      • 9.2.1.1 Canada RegTech Market by Services Type
    • 9.2.2 Canada RegTech Market by Application
    • 9.2.3 Canada RegTech Market by Vertical
    • 9.2.4 Canada RegTech Market by Deployment Mode
    • 9.2.5 Canada RegTech Market by Organization Size
  • 9.3 Mexico RegTech Market
    • 9.3.1 Mexico RegTech Market by Component
      • 9.3.1.1 Mexico RegTech Market by Services Type
    • 9.3.2 Mexico RegTech Market by Application
    • 9.3.3 Mexico RegTech Market by Vertical
    • 9.3.4 Mexico RegTech Market by Deployment Mode
    • 9.3.5 Mexico RegTech Market by Organization Size
  • 9.4 Rest of North America RegTech Market
    • 9.4.1 Rest of North America RegTech Market by Component
      • 9.4.1.1 Rest of North America RegTech Market by Services Type
    • 9.4.2 Rest of North America RegTech Market by Application
    • 9.4.3 Rest of North America RegTech Market by Vertical
    • 9.4.4 Rest of North America RegTech Market by Deployment Mode
    • 9.4.5 Rest of North America RegTech Market by Organization Size

Chapter 10. Company Profiles

  • 10.1 ACTICO GmbH
    • 10.1.1 Company Overview
  • 10.2 Jumio Corporation
    • 10.2.1 Company Overview
    • 10.2.2 Recent strategies and developments:
      • 10.2.2.1 Partnerships, Collaborations, and Agreements:
      • 10.2.2.2 Acquisition and Mergers:
  • 10.3 MetricStream, Inc.
    • 10.3.1 Company Overview
    • 10.3.2 Recent strategies and developments:
      • 10.3.2.1 Partnerships, Collaborations, and Agreements:
  • 10.4 NICE Ltd.
    • 10.4.1 Company Overview
    • 10.4.2 Financial Analysis
    • 10.4.3 Segmental and Regional Analysis
    • 10.4.4 Research & Development Expenses
    • 10.4.5 Recent strategies and developments:
      • 10.4.5.1 Partnerships, Collaborations, and Agreements:
      • 10.4.5.2 Product Launches and Product Expansions:
  • 10.5 Thomson Reuters Corporation (The Woodbridge Company)
    • 10.5.1 Company Overview
    • 10.5.2 Financial Analysis
    • 10.5.3 Segmental and Regional Analysis
    • 10.5.4 Recent strategies and developments:
      • 10.5.4.1 Product Launches and Product Expansions:
  • 10.6 Wolters Kluwer N.V.
    • 10.6.1 Company Overview
    • 10.6.2 Financial Analysis
    • 10.6.3 Segmental and Regional Analysis
  • 10.7 IBM Corporation
    • 10.7.1 Company Overview
    • 10.7.2 Financial Analysis
    • 10.7.3 Regional & Segmental Analysis
    • 10.7.4 Research & Development Expenses
    • 10.7.5 Recent strategies and developments:
      • 10.7.5.1 Partnerships, Collaborations, and Agreements:
    • 10.7.6 SWOT Analysis
  • 10.8 Deloitte Touche Tohmatsu Limited
    • 10.8.1 Company Overview
    • 10.8.2 Financial Analysis
    • 10.8.3 Segmental Analysis
    • 10.8.4 Recent strategies and developments:
      • 10.8.4.1 Partnerships, Collaborations, and Agreements:
  • 10.9 Broadridge Financial Solutions, Inc.
    • 10.9.1 Company Overview
    • 10.9.2 Financial Analysis
    • 10.9.3 Product and Regional Analysis
    • 10.9.4 Recent strategies and developments:
      • 10.9.4.1 Acquisition and Mergers:
  • 10.10. Trulioo, Inc.
    • 10.10.1 Company Overview
    • 10.10.2 Recent strategies and developments:
      • 10.10.2.1 Partnerships, Collaborations, and Agreements:
      • 10.10.2.2 Acquisition and Mergers:

LIST OF TABLES

  • TABLE 1 North America RegTech Market, 2017 - 2020, USD Million
  • TABLE 2 North America RegTech Market, 2021 - 2027, USD Million
  • TABLE 3 Partnerships, Collaborations and Agreements - RegTech Market
  • TABLE 4 Product Launches And Product Expansions - RegTech Market
  • TABLE 5 Acquisition and Mergers - RegTech Market
  • TABLE 6 North America RegTech Market by Component, 2017 - 2020, USD Million
  • TABLE 7 North America RegTech Market by Component, 2021 - 2027, USD Million
  • TABLE 8 North America Solution Market by Country, 2017 - 2020, USD Million
  • TABLE 9 North America Solution Market by Country, 2021 - 2027, USD Million
  • TABLE 10 North America Services Market by Country, 2017 - 2020, USD Million
  • TABLE 11 North America Services Market by Country, 2021 - 2027, USD Million
  • TABLE 12 North America RegTech Market by Services Type, 2017 - 2020, USD Million
  • TABLE 13 North America RegTech Market by Services Type, 2021 - 2027, USD Million
  • TABLE 14 North America Professional Market by Country, 2017 - 2020, USD Million
  • TABLE 15 North America Professional Market by Country, 2021 - 2027, USD Million
  • TABLE 16 North America Managed Market by Country, 2017 - 2020, USD Million
  • TABLE 17 North America Managed Market by Country, 2021 - 2027, USD Million
  • TABLE 18 North America RegTech Market by Application, 2017 - 2020, USD Million
  • TABLE 19 North America RegTech Market by Application, 2021 - 2027, USD Million
  • TABLE 20 North America Risk & Compliance Management Market by Country, 2017 - 2020, USD Million
  • TABLE 21 North America Risk & Compliance Management Market by Country, 2021 - 2027, USD Million
  • TABLE 22 North America AML & Fraud Management Market by Country, 2017 - 2020, USD Million
  • TABLE 23 North America AML & Fraud Management Market by Country, 2021 - 2027, USD Million
  • TABLE 24 North America Identity Management Market by Country, 2017 - 2020, USD Million
  • TABLE 25 North America Identity Management Market by Country, 2021 - 2027, USD Million
  • TABLE 26 North America Regulatory Reporting Market by Country, 2017 - 2020, USD Million
  • TABLE 27 North America Regulatory Reporting Market by Country, 2021 - 2027, USD Million
  • TABLE 28 North America Regulatory Intelligence Market by Country, 2017 - 2020, USD Million
  • TABLE 29 North America Regulatory Intelligence Market by Country, 2021 - 2027, USD Million
  • TABLE 30 North America RegTech Market by Vertical, 2017 - 2020, USD Million
  • TABLE 31 North America RegTech Market by Vertical, 2021 - 2027, USD Million
  • TABLE 32 North America Banking & Capital Markets Market by Country, 2017 - 2020, USD Million
  • TABLE 33 North America Banking & Capital Markets Market by Country, 2021 - 2027, USD Million
  • TABLE 34 North America Insurance Market by Country, 2017 - 2020, USD Million
  • TABLE 35 North America Insurance Market by Country, 2021 - 2027, USD Million
  • TABLE 36 North America Non-Financial Market by Country, 2017 - 2020, USD Million
  • TABLE 37 North America Non-Financial Market by Country, 2021 - 2027, USD Million
  • TABLE 38 North America RegTech Market by Deployment Mode, 2017 - 2020, USD Million
  • TABLE 39 North America RegTech Market by Deployment Mode, 2021 - 2027, USD Million
  • TABLE 40 North America Cloud Market by Country, 2017 - 2020, USD Million
  • TABLE 41 North America Cloud Market by Country, 2021 - 2027, USD Million
  • TABLE 42 North America On-premise Market by Country, 2017 - 2020, USD Million
  • TABLE 43 North America On-premise Market by Country, 2021 - 2027, USD Million
  • TABLE 44 North America RegTech Market by Organization Size, 2017 - 2020, USD Million
  • TABLE 45 North America RegTech Market by Organization Size, 2021 - 2027, USD Million
  • TABLE 46 North America Large Enterprises Market by Country, 2017 - 2020, USD Million
  • TABLE 47 North America Large Enterprises Market by Country, 2021 - 2027, USD Million
  • TABLE 48 North America Small & Medium Enterprises (SMEs) Market by Country, 2017 - 2020, USD Million
  • TABLE 49 North America Small & Medium Enterprises (SMEs) Market by Country, 2021 - 2027, USD Million
  • TABLE 50 North America RegTech Market by Country, 2017 - 2020, USD Million
  • TABLE 51 North America RegTech Market by Country, 2021 - 2027, USD Million
  • TABLE 52 US RegTech Market, 2017 - 2020, USD Million
  • TABLE 53 US RegTech Market, 2021 - 2027, USD Million
  • TABLE 54 US RegTech Market by Component, 2017 - 2020, USD Million
  • TABLE 55 US RegTech Market by Component, 2021 - 2027, USD Million
  • TABLE 56 US RegTech Market by Services Type, 2017 - 2020, USD Million
  • TABLE 57 US RegTech Market by Services Type, 2021 - 2027, USD Million
  • TABLE 58 US RegTech Market by Application, 2017 - 2020, USD Million
  • TABLE 59 US RegTech Market by Application, 2021 - 2027, USD Million
  • TABLE 60 US RegTech Market by Vertical, 2017 - 2020, USD Million
  • TABLE 61 US RegTech Market by Vertical, 2021 - 2027, USD Million
  • TABLE 62 US RegTech Market by Deployment Mode, 2017 - 2020, USD Million
  • TABLE 63 US RegTech Market by Deployment Mode, 2021 - 2027, USD Million
  • TABLE 64 US RegTech Market by Organization Size, 2017 - 2020, USD Million
  • TABLE 65 US RegTech Market by Organization Size, 2021 - 2027, USD Million
  • TABLE 66 Canada RegTech Market, 2017 - 2020, USD Million
  • TABLE 67 Canada RegTech Market, 2021 - 2027, USD Million
  • TABLE 68 Canada RegTech Market by Component, 2017 - 2020, USD Million
  • TABLE 69 Canada RegTech Market by Component, 2021 - 2027, USD Million
  • TABLE 70 Canada RegTech Market by Services Type, 2017 - 2020, USD Million
  • TABLE 71 Canada RegTech Market by Services Type, 2021 - 2027, USD Million
  • TABLE 72 Canada RegTech Market by Application, 2017 - 2020, USD Million
  • TABLE 73 Canada RegTech Market by Application, 2021 - 2027, USD Million
  • TABLE 74 Canada RegTech Market by Vertical, 2017 - 2020, USD Million
  • TABLE 75 Canada RegTech Market by Vertical, 2021 - 2027, USD Million
  • TABLE 76 Canada RegTech Market by Deployment Mode, 2017 - 2020, USD Million
  • TABLE 77 Canada RegTech Market by Deployment Mode, 2021 - 2027, USD Million
  • TABLE 78 Canada RegTech Market by Organization Size, 2017 - 2020, USD Million
  • TABLE 79 Canada RegTech Market by Organization Size, 2021 - 2027, USD Million
  • TABLE 80 Mexico RegTech Market, 2017 - 2020, USD Million
  • TABLE 81 Mexico RegTech Market, 2021 - 2027, USD Million
  • TABLE 82 Mexico RegTech Market by Component, 2017 - 2020, USD Million
  • TABLE 83 Mexico RegTech Market by Component, 2021 - 2027, USD Million
  • TABLE 84 Mexico RegTech Market by Services Type, 2017 - 2020, USD Million
  • TABLE 85 Mexico RegTech Market by Services Type, 2021 - 2027, USD Million
  • TABLE 86 Mexico RegTech Market by Application, 2017 - 2020, USD Million
  • TABLE 87 Mexico RegTech Market by Application, 2021 - 2027, USD Million
  • TABLE 88 Mexico RegTech Market by Vertical, 2017 - 2020, USD Million
  • TABLE 89 Mexico RegTech Market by Vertical, 2021 - 2027, USD Million
  • TABLE 90 Mexico RegTech Market by Deployment Mode, 2017 - 2020, USD Million
  • TABLE 91 Mexico RegTech Market by Deployment Mode, 2021 - 2027, USD Million
  • TABLE 92 Mexico RegTech Market by Organization Size, 2017 - 2020, USD Million
  • TABLE 93 Mexico RegTech Market by Organization Size, 2021 - 2027, USD Million
  • TABLE 94 Rest of North America RegTech Market, 2017 - 2020, USD Million
  • TABLE 95 Rest of North America RegTech Market, 2021 - 2027, USD Million
  • TABLE 96 Rest of North America RegTech Market by Component, 2017 - 2020, USD Million
  • TABLE 97 Rest of North America RegTech Market by Component, 2021 - 2027, USD Million
  • TABLE 98 Rest of North America RegTech Market by Services Type, 2017 - 2020, USD Million
  • TABLE 99 Rest of North America RegTech Market by Services Type, 2021 - 2027, USD Million
  • TABLE 100 Rest of North America RegTech Market by Application, 2017 - 2020, USD Million
  • TABLE 101 Rest of North America RegTech Market by Application, 2021 - 2027, USD Million
  • TABLE 102 Rest of North America RegTech Market by Vertical, 2017 - 2020, USD Million
  • TABLE 103 Rest of North America RegTech Market by Vertical, 2021 - 2027, USD Million
  • TABLE 104 Rest of North America RegTech Market by Deployment Mode, 2017 - 2020, USD Million
  • TABLE 105 Rest of North America RegTech Market by Deployment Mode, 2021 - 2027, USD Million
  • TABLE 106 Rest of North America RegTech Market by Organization Size, 2017 - 2020, USD Million
  • TABLE 107 Rest of North America RegTech Market by Organization Size, 2021 - 2027, USD Million
  • TABLE 108 Key Information - ACTICO GmbH
  • TABLE 109 Key Information - Jumio Corporation
  • TABLE 110 Key Information - MetricStream, Inc.
  • TABLE 111 Key Information - NICE Ltd.
  • TABLE 112 key information - Thomson Reuters Corporation
  • TABLE 113 Key information - Wolters Kluwer N.V.
  • TABLE 114 Key information - IBM Corporation
  • TABLE 115 Key information - Deloitte Touche Tohmatsu Limited
  • TABLE 116 Key Information - Broadridge Financial Solutions, Inc.
  • TABLE 117 key Information - Trulioo, Inc.

List of Figures

  • FIG 1 Methodology for the research
  • FIG 2 KBV Cardinal Matrix
  • FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
  • FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, May - 2022, Jan) Leading Players
  • FIG 5 Recent strategies and developments: Jumio Corporation
  • FIG 6 Recent strategies and developments: NICE Ltd.
  • FIG 7 Swot analysis: IBM Corporation