Market Research Report
Global RegTech Market By Technology (Cloud Computing, Blockchain, Biometrics, Artificial Intelligence, NLP & Machine Learning, Others), By Application, By Organization Size, By Service, By Region, Forecast & Opportunities, 2025
|Published by||TechSci Research||Product code||934813|
|Published||Content info||117 Pages
Delivery time: Inquiry
|Global RegTech Market By Technology (Cloud Computing, Blockchain, Biometrics, Artificial Intelligence, NLP & Machine Learning, Others), By Application, By Organization Size, By Service, By Region, Forecast & Opportunities, 2025|
|Published: May 1, 2020||Content info: 117 Pages||
Global RegTech market is expected to grow at a substantial rate during the forecast period owing to the rising demand for compliance and regulatory sandbox approach within financial industries and its ability to envision new approaches and ability to streamline anti-money laundering (AML) cases. Also, rising demand for risk management and increasing demand for regulating business processes are expected to drive the RegTech market, globally. Additionally, RegTech is a portmanteau for regulatory technology. It mainly focuses on functions which include regulatory monitoring, reporting, and compliance. It offers services with the use of cloud computing technology through Software-as-a-Service (SaaS) to help organizations comply with regulatory regulations efficiently. Moreover, RegTech save firm's money, time, and helps protect them from regulatory fines due to non-compliance. It simplifies data-reporting requirements under several regulations such as Basel 3, CCAR, MIFID II, and others. The companies providing RegTech services offer solutions for regulatory reporting, transaction monitoring, fraud & risk management, identity management, compliance and other functions.
Global RegTech market is segmented based on technology, application, organization size, service, company and region. Based on technology, market can be segregated into cloud computing, blockchain, biometrics, artificial intelligence (AI), NLP & machine learning and others. Artificial intelligence is one of the key technologies influencing the RegTech market growth. It helps RegTech companies in improving transparency and compliance in financial institutions and help provide security against fraudulent activities.
Major players operating in the global RegTech market include Compendor GmbH, Abside Smart Financial Technologies, London Stock Exchange Group (LSEG), Broadridge Financial Solutions Inc., PwC, Deloitte Touche Tohmatsu Limited, RIMES Technologies Corporation, Abside Smart Financial Technologies, Ayasdi Ai Llc, Elliptic and others.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, vendors and presence of all major players across the globe.
TechSci Research calculated the market size of global RegTech market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, vendors, partners, organizations, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global RegTech market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Artificial Intelligence (AI)
NLP & Machine Learning
Risk and Compliance Management
Middle East & Africa
Company Profiles: Detailed analysis of the major companies present in global RegTech market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: