RegTech Market Insights: Market Segmentation, Key Trends, and Revenue Forecast

0
731

According to a recent report by Grand View Research, Inc., the global Regulatory Technology (RegTech) market is projected to reach a valuation of USD 70.64 billion by 2030, growing at a compound annual growth rate (CAGR) of 23.1% from 2024 to 2030. One of the primary drivers fueling this substantial market growth is the increasing incidence of fraudulent activities, which has necessitated advanced solutions for ensuring financial security and integrity. Furthermore, the rising demand for effective risk and compliance management across industries has significantly contributed to the widespread adoption of RegTech solutions.

These technology-driven solutions not only help organizations minimize compliance-related costs, but also enhance operational efficiency by automating and streamlining processes. RegTech tools are known to accelerate business workflows, improve reliability, and reduce complexities faced by customers, while simultaneously mitigating the risk of compliance breaches.

RegTech encompasses a broad range of functionalities, including but not limited to: transaction monitoring, risk and compliance management, regulatory reporting, identity and control management, and regulatory intelligence. The market offers a diverse selection of solutions, enabling customers to adopt the most suitable RegTech tools based on their specific requirements and preferences.

Within the industry, the risk and compliance management segment held the largest revenue share in 2018. It is forecasted to grow at an impressive CAGR of 49.7% during the forecast period, driven by the surging need for robust compliance management systems across sectors.

Meanwhile, the regulatory intelligence segment captured over 12% of the market share in 2018 and is anticipated to witness the highest growth rate during the forecast period. An increasing number of small and medium-sized enterprises (SMEs) are turning to RegTech tools as a cost-effective measure to avoid not only high compliance costs but also the financial losses resulting from fraudulent activities.

Regionally, the United States led the RegTech market in North America in 2018. In Europe, the United Kingdom is projected to remain the dominant player throughout the forecast period, largely due to the influx of numerous new companies entering the market and intensifying competition.

In response to the growing threat of financial fraud, the European Union has implemented several regulatory standards aimed at enhancing oversight within the financial sector. However, regulatory compliance remains a significant challenge due to its high cost and time-intensive nature, both for financial institutions and regulatory bodies. As the financial landscape continues to evolve rapidly, identifying and adopting the most appropriate regulatory standards becomes not only essential but also increasingly complex.

Get a preview of the latest developments in the RegTech Market? Download your FREE sample PDF copy today and explore key data and trends. 

RegTech Market FAQ

1. What is the projected size of the global RegTech market?

The global Regulatory Technology (RegTech) market is expected to reach USD 70.64 billion by 2030, growing at a CAGR of 23.1% from 2024 to 2030 .

2. What factors are driving the growth of the RegTech market?

Key drivers include:

• An increase in fraudulent activities, prompting the need for advanced detection and prevention tools.

• A rising demand for risk and compliance management solutions to navigate complex regulatory landscapes.

• The need to reduce compliance costs, improve operational efficiency, and enhance customer experiences.

3. What are the primary applications of RegTech solutions?

RegTech encompasses various applications, such as:

• Transaction monitoring

• Risk and compliance management

• Regulatory reporting

• Identity and control management

4. Which segment is expected to experience the highest growth?

The regulatory intelligence segment, which accounted for over 12% of the market share in 2018, is anticipated to expand at the highest CAGR during the forecast period .

5. How are small and medium enterprises (SMEs) adopting RegTech?

SMEs are increasingly deploying RegTech solutions to mitigate additional compliance costs and the financial impacts of fraud. The affordability and scalability of cloud-based solutions have made these tools more accessible to SMEs.

6. Which regions are leading in RegTech adoption?

• North America: The U.S. led the RegTech market in 2018 and continues to dominate, accounting for a significant revenue share in 2023 .

• Europe: The U.K. is expected to maintain its leadership in the European market due to the influx of new companies and regulatory developments.

• Asia-Pacific: This region is witnessing rapid adoption, driven by the need for efficient compliance solutions in emerging markets.

7. What are the key players in the RegTech market?

Prominent companies in the RegTech space include:

• ACTICO GmbH

• Adenza

• ComplyAdvantage

• Fenergo

• MetricStream

• NICE Actimize

• OneTrust, LLC

• LSEG Data & Analytics

• CUBE Content Governance Global Limited (Thomson Reuters)

• Trulioo

Order a free sample PDF of the RegTech Market Intelligence Study, published by Grand View Research.

Pesquisar
Categorias
Leia Mais
Jogos
原神課金おすすめガイド: お得な課金サイトとおすすめアイテムの選び方
原神課金おすすめガイド: お得な課金サイトとおすすめアイテムの選び方 現在、原神は多くのプレイヤーを魅了しています。その魅力の一部は、ゲーム内での課金要素にあります。原神 課金...
Por Casey 2025-05-20 20:32:42 0 396
Outro
How Does a Round Inline Duct Fan Manufacturer Support Ventilation Needs?
Ventilation plays a crucial role in maintaining indoor air quality and regulating airflow in...
Por zhejianghuaqi2023 2025-06-20 06:35:49 0 223
Jogos
Ultimate Guide on How to Trade Stickers in Monopoly Go: Tips, Memes, and Exchange Strategies
Ultimate Guide on How to Trade Stickers in Monopoly Go: Tips, Memes, and Exchange Strategies...
Por Casey 2024-11-13 12:33:27 0 2K
Outro
Composting Machines: A Solution to Europe's Food Waste Problem
The Europe household food waste composting machine market is poised for significant growth in the...
Por mayurgunjal20 2024-06-24 19:32:36 0 4K
Networking
Flight Communication System Market Size and Share Report: Anticipated Trends in 2024-2032
Flight Communication System Market: Industry Insights (2024-2032) The Flight Communication...
Por Marketer13 2024-09-24 04:59:31 0 3K