Regulatory Technology Market Research Report – Global Forecast till 2027

Regulatory Technology (RegTech) Market Research Report Information, —By Application (Risk & Compliance Management, Regulatory Intelligence, Fraud Management, Identity Management, Regulatory Reporting), Deployment – Global Forecast till 2027

ID: MRFR/ICT/5874-HCR | February, 2021 | Region : Global

Regulatory Technology Market Synopsis:
The RegTech market is expected to grow at a CAGR of 22.8% during the forecast period


The BFSI institutions function in a stringent regulated environment and face new regulations to avert money laundering and curb terrorist funding. Banks spend a large amount of money on fines and penalties for non-compliance with regulations. The RegTech solution vendors assist financial institutions to conduct their business operations in compliance with various government regulations. The RegTech market has started evolving in the past few years and is expected to withness a significant growth rate in the upcoming years.


The RegTech solutions strengthen compliance and mitigate risk in enterprises. The solutions reduce the fxed cost of compliance and increase effciency of business processes. Along with this, RegTech solutions provide valuable business insights, and provide customers with better and faster service. The enterprises use these solutions to drive new products and services, as well.


The major factors that contribute the market growth is the acceptance of regulatory sandbox and the growing focus on financial regulations. There are lower entry barriers for cloud based solutions in this market, which is an additional driving factor. The market is very dynamic due to acquisitions and mergers happening on a large scale. Few instance, Huawei Technologies acquired HexaTier in December 2016, Contego acquired Working Status in December 2016, ACA Compliance Group acquired Telavance in January 2017, and most recently, in 2018, Thomson Reuters acquired Integration Point.


Among the various applications, the regulatory intelligence segment is expected to grow at the highest CAGR during the forecast period. This is due to the greater need for identifying and interpreting regulatory changes. This identification enables the financial institutions to cope with the varying regulatory environment easily and reduce the risk of non-compliance. Moreover, the analytics offer financial institutions with insights which assists them with well informed decisions about regulatory adherence.


Regulatory Technology Market Segmentation:
The global RegTech market is segmented into application, deployment mode, organization size and region/country.


  • By application, the global RegTech is segmented into risk & compliance management, regulatory intelligence, fraud management, regulatory reporting, identity management.

  • By deployment, the global RegTech is segmented into on-premises and cloud.

  • By organization size, the global RegTech is segmented into small and medium-sized enterprises (SMEs) and large enterprises.

  • By region, the global RegTech market is segmented into North America, Europe, Asia-Pacific, and rest of the world.


Regulatory Technology Market Regional Analysis:
The global market for RegTech is expected to grow at a CAGR of 22.8% during the forecast period. The geographical analysis of RegTech market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America).


Among the regions mentioned, North America is anticipated to have the largest market share during the forecast period. The US occupies nearly 80%-85% share in the region as most of the leading vendors are headquartered here with strong customer base. The market size of Europe is estimated to grow at the highest CAGR from 2018-2023, followed by APAC. Various startups are being setup in these regions and are giving a boost to their market share.


Regulatory Technology Market Key Players:
The key players in the RegTech market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are— Deloitte Touche Tohmatsu Limited (US), International Business Machines Corporation (US), London Stock Exchange Group plc. (UK), NICE (Israel), PWC (UK), Thomson Reuters Corporation (US), Bwise (Netherland), Compliance Solutions Strategies (US), Lomabard Risk (UK), Infrasoft Technologies Ltd. (India), Abside Smart Financial Technologies SL (UK), Fintellix Solutions (India), OpusDatum Ltd. (UK), NetGuardians Inc. (Switzerland), Alto Advisory (Luxembourg). The key strategies adopted by most of the players are partnerships and agreements, collaborations, and new product releases.


Apart from the top key players, various startups are a part of this market. These include CLAUSEMATCH LTD. (UK), Suade Labs (UK), Signzy (India), CUBE (UK), Onfido (UK), Trunomi (UK), ComplyAdvantage (UK), Elliptic (UK), and others. Many mergers and acquisitions are observed in the market, adding to the capabilities of the market leaders.


Intended Audience:



  • Government Agencies

  • RegTech Service/Solution Providers

  • Financial Advisory/Consulting Firms

  • System Integrators

  • Research Institutes and Organizations

  • Technology Standards Organizations

  • Venture capitalist/angel investors

  • Information security directors/managers

  • Banks, insurers, financial services providers, central banks, and supervisory authorities

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.3 Research Objectives

2.4 Markets Structure

3 Research Methodology

4 Market Dynamics

4.1 Market Drivers

4.1.1 Acceptance of Regulatory Sandbox

4.1.2 Growing focus on financial regulations

4.2 Market Restraints

4.2.1 Variance in Regulations

4.3 Market Opportunities

4.3.1 Growing GDPR concerns

4.3.2 Application of Artificial Intelligence (AI), Machine Learning, and Blockchain Technologies

4.4 Market Challenges

4.4.1 Concerns regarding Data Privacy and Cybersecurity

4.5 Porter’s Five Forces Analysis

4.5.1 Threat of New Entrants

4.5.2 Bargaining Power of Buyers

4.5.3 Threat of Substitutes

4.5.4 Segment Rivalry

4.5.5 Bargaining Power of Suppliers

4.6 Government/Industry Norms and Regulations

5 Global Regulatory Technology (RegTech) Market, by Application

5.1 Introduction

5.2 Risk & Compliance Management

5.2.1 Market Estimates & Forecast, 2020-2027

5.2.2 Market Estimates & Forecast, by Region, 2020-2027

5.3 Regulatory Intelligence

5.3.1.1 Market Estimates & Forecast, 2020-2027

5.3.1.2 Market Estimates & Forecast, by Region, 2020-2027

5.4 Fraud Management

5.4.1.1 Market Estimates & Forecast, 2020-2027

5.4.1.2 Market Estimates & Forecast, by Region, 2020-2027

5.5 Regulatory Reporting

5.5.1.1 Market Estimates & Forecast, 2020-2027

5.5.1.2 Market Estimates & Forecast, by Region, 2020-2027

5.6 Identity Management

5.6.1 Market Estimates & Forecast, 2020-2027

5.6.2 Market Estimates & Forecast, by Region, 2020-2027

6 Global Regulatory Technology (RegTech) Market, by Deployment Mode

6.1 Introduction

6.2 On-Premises

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast, by Region, 2020-2027

6.3 Cloud

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast, by Region, 2020-2027

7 Global Regulatory Technology (RegTech) Market, by Organization Size

7.1 Introduction

7.2 SMEs

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast, by Region, 2020-2027

7.3 Large Enterprises

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast, by Region, 2020-2027

8 Global Regulatory Technology (RegTech) Market, by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, by Country, 2020-2027

8.2.2 Market Estimates & Forecast, by Application, 2020-2027

8.2.3 Market Estimates & Forecast, by Deployment, 2020-2027

8.2.4 Market Estimates & Forecast, by Organization Size, 2020-2027

8.2.5 US

8.2.5.1 Market Estimates & Forecast, by Application, 2020-2027

8.2.5.2 Market Estimates & Forecast, by Deployment, 2020-2027

8.2.5.3 Market Estimates & Forecast, by Organization Size, 2020-2027

8.2.6 Mexico

8.2.6.1 Market Estimates & Forecast, by Application, 2020-2027

8.2.6.2 Market Estimates & Forecast, by Deployment, 2020-2027

8.2.6.3 Market Estimates & Forecast, by Organization Size, 2020-2027

8.2.7 Canada

8.2.7.1 Market Estimates & Forecast, by Application, 2020-2027

8.2.7.2 Market Estimates & Forecast, by Deployment, 2020-2027

8.2.7.3 Market Estimates & Forecast, by Organization Size, 2020-2027

8.3 Europe

8.3.1 Market Estimates & Forecast, by Country, 2020-2027

8.3.2 Market Estimates & Forecast, by Application, 2020-2027

8.3.3 Market Estimates & Forecast, by Deployment, 2020-2027

8.3.4 Market Estimates & Forecast, by Organization Size, 2020-2027

8.3.5 Germany

8.3.5.1 Market Estimates & Forecast, by Application, 2020-2027

8.3.5.2 Market Estimates & Forecast, by Deployment, 2020-2027

8.3.5.3 Market Estimates & Forecast, by Organization Size, 2020-2027

8.3.6 France

8.3.6.1 Market Estimates & Forecast, by Application, 2020-2027

8.3.6.2 Market Estimates & Forecast, by Deployment, 2020-2027

8.3.6.3 Market Estimates & Forecast, by Organization Size, 2020-2027

8.3.7 UK

8.3.7.1 Market Estimates & Forecast, by Application, 2020-2027

8.3.7.2 Market Estimates & Forecast, by Deployment, 2020-2027

8.3.7.3 Market Estimates & Forecast, by Organization Size, 2020-2027

8.3.8 Rest of Europe

8.3.8.1 Market Estimates & Forecast, by Application, 2020-2027

8.3.8.2 Market Estimates & Forecast, by Deployment, 2020-2027

8.3.8.3 Market Estimates & Forecast, by Organization Size, 2020-2027

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, by Country, 2020-2027

8.4.1.1 Market Estimates & Forecast, by Application, 2020-2027

8.4.1.2 Market Estimates & Forecast, by Deployment, 2020-2027

8.4.1.3 Market Estimates & Forecast, by Organization Size, 2020-2027

8.4.2 China

8.4.2.1 Market Estimates & Forecast, by Application, 2020-2027

8.4.2.2 Market Estimates & Forecast, by Deployment, 2020-2027

8.4.2.3 Market Estimates & Forecast, by Organization Size, 2020-2027

8.4.3 India

8.4.3.1 Market Estimates & Forecast, by Application, 2020-2027

8.4.3.2 Market Estimates & Forecast, by Deployment, 2020-2027

8.4.3.3 Market Estimates & Forecast, by Organization Size, 2020-2027

8.4.4 Japan

8.4.4.1 Market Estimates & Forecast, by Application, 2020-2027

8.4.4.2 Market Estimates & Forecast, by Deployment, 2020-2027

8.4.4.3 Market Estimates & Forecast, by Organization Size, 2020-2027

8.4.5 Rest of Asia-Pacific

8.4.5.1 Market Estimates & Forecast, by Application, 2020-2027

8.4.5.2 Market Estimates & Forecast, by Deployment, 2020-2027

8.4.5.3 Market Estimates & Forecast, by Organization Size, 2020-2027

8.5 Rest of the World

8.5.1 Market Estimates & Forecast, by Country, 2020-2027

8.5.2 Market Estimates & Forecast, by Application, 2020-2027

8.5.3 Market Estimates & Forecast, by Deployment, 2020-2027

8.5.4 Market Estimates & Forecast, by Organization Size, 2020-2027

8.5.5 Middle East & Africa

8.5.5.1 Market Estimates & Forecast, by Application, 2020-2027

8.5.5.2 Market Estimates & Forecast, by Deployment, 2020-2027

8.5.5.3 Market Estimates & Forecast, by Organization Size, 2020-2027

8.5.6 South America

8.5.6.1 Market Estimates & Forecast, by Application, 2020-2027

8.5.6.2 Market Estimates & Forecast, by Deployment, 2020-2027

8.5.6.3 Market Estimates & Forecast, by Organization Size, 2020-2027

9 Competitive Landscape

9.1 Key Players Market Share Analysis, 2020/2020 (%)

9.2 Competitive Benchmarking

9.3 Key Developments Analysis, 2020/2020

9.3.1 Mergers & Acquisition

9.3.2 Product Developments

9.3.3 Business Expansion

9.3.4 Partnerships & Collaborations

9.3.5 Agreements

10 Company Profiles

10.1 Deloitte Touche Tohmatsu Limited

10.1.1 Company Overview

10.1.2 Product/Business Segment Overview

10.1.3 Financial Updates

10.1.4 Key Developments

10.1.5 SWOT Analysis

10.1.6 Key Strategy

10.2 International Business Machines Corporation

10.2.1 Company Overview

10.2.2 Product/Business Segment Overview

10.2.3 Financial Updates

10.2.4 Key Developments

10.2.5 SWOT Analysis

10.2.6 Key Strategy

10.3 London Stock Exchange Group plc.

10.3.1 Company Overview

10.3.2 Product/Business Segment Overview

10.3.3 Financial Updates

10.3.4 Key Developments

10.3.5 SWOT Analysis

10.3.6 Key Strategy

10.4 NICE

10.4.1 Company Overview

10.4.2 Product/Business Segment Overview

10.4.3 Financial Updates

10.4.4 Key Developments

10.4.5 SWOT Analysis

10.4.6 Key Strategy

10.5 PWC

10.5.1 Company Overview

10.5.2 Product/Business Segment Overview

10.5.3 Financial Updates

10.5.4 Key Developments

10.5.5 SWOT Analysis

10.5.6 Key Strategy

10.6 Thomson Reuters Corporation

10.6.1 Company Overview

10.6.2 Product/Business Segment Overview

10.6.3 Financial Updates

10.6.4 Key Developments

10.6.5 SWOT Analysis

10.6.6 Key Strategy

10.7 Bwise

10.7.1 Company Overview

10.7.2 Product/Business Segment Overview

10.7.3 Financial Updates

10.7.4 Key Developments

10.7.5 SWOT Analysis

10.7.6 Key Strategy

10.8 Compliance Solutions Strategies

10.8.1 Company Overview

10.8.2 Product/Business Segment Overview

10.8.3 Financial Updates

10.8.4 Key Developments

10.8.5 SWOT Analysis

10.8.6 Key Strategy

10.9 Lombard Risk

10.9.1 Company Overview

10.9.2 Product/Business Segment Overview

10.9.3 Financial Updates

10.9.4 Key Developments

10.9.5 SWOT Analysis

10.9.6 Key Strategy

10.10 Infrasoft Technologies Ltd.

10.10.1 Company Overview

10.10.2 Product/Business Segment Overview

10.10.3 Financial Updates

10.10.4 Key Developments

10.10.5 SWOT Analysis

10.10.6 Key Strategy

10.11 Abside Smart Financial Technologies SL

10.11.1 Company Overview

10.11.2 Product/Business Segment Overview

10.11.3 Financial Updates

10.11.4 Key Developments

10.11.5 SWOT Analysis

10.11.6 Key Strategy

10.12 Fintellix Solutions

10.12.1 Company Overview

10.12.2 Product/Business Segment Overview

10.12.3 Financial Updates

10.12.4 Key Developments

10.12.5 SWOT Analysis

10.12.6 Key Strategy

10.13 OpusDatum Ltd

10.13.1 Company Overview

10.13.2 Product/Business Segment Overview

10.13.3 Financial Updates

10.13.4 Key Developments

10.13.5 SWOT Analysis

10.13.6 Key Strategy

10.14 NetGuardians, Inc.

10.14.1 Company Overview

10.14.2 Product/Business Segment Overview

10.14.3 Financial Updates

10.14.4 Key Developments

10.14.5 SWOT Analysis

10.14.6 Key Strategy

10.15 Alto Advisory

10.15.1 Company Overview

10.15.2 Product/Business Segment Overview

10.15.3 Financial Updates

10.15.4 Key Developments

10.15.5 SWOT Analysis

10.15.6 Key Strategy

11 Conclusion/Recommendations


LIST OF TABLES

Table 1 Global Regulatory Technology (RegTech) Market, by Region, 2020-2027

Table 2 North America: Global Regulatory Technology (RegTech) Market, by Country, 2020-2027

Table 3 Europe: Global Regulatory Technology (RegTech) Market, by Country, 2020-2027

Table 4 Asia-Pacific: Global Regulatory Technology (RegTech) Market, by Country, 2020-2027

Table 5 Rest of the World: Global Regulatory Technology (RegTech) Market, by Country, 2020-2027

Table 6 North America: Global Regulatory Technology (RegTech) Application Market, by Country, 2020-2027

Table 7 Europe: Global Regulatory Technology (RegTech) Application Market, by Country, 2020-2027

Table 8 Asia-Pacific: Global Regulatory Technology (RegTech) Application Market, by Country, 2020-2027

Table 9 Rest of the World: Global Regulatory Technology (RegTech) Application Market, by Country, 2020-2027

Table 10 Global Regulatory Technology (RegTech) Application Market, by Region, 2020-2027

Table 11 North America: Global Regulatory Technology (RegTech) Application Market, by Country, 2020-2027

Table 12 Europe: Global Regulatory Technology (RegTech) Application Market, by Country, 2020-2027

Table 13 Asia-Pacific: Global Regulatory Technology (RegTech) Application Market, by Country, 2020-2027

Table 14 Rest of the World: Global Regulatory Technology (RegTech) Application Market, by Country, 2020-2027

Table 15 Global Regulatory Technology (RegTech) Deployment Mode Market, by Region, 2020-2027

Table 16 North America: Global Regulatory Technology (RegTech) Deployment Mode Market, by Country, 2020-2027

Table 17 Europe: Global Regulatory Technology (RegTech) Deployment Mode Market, by Country, 2020-2027

Table 18 Asia-Pacific: Global Regulatory Technology (RegTech) Deployment Mode Market, by Country, 2020-2027

Table 19 Rest of the World: Global Regulatory Technology (RegTech) Deployment Mode Market, by Country, 2020-2027

Table 20 Global Regulatory Technology (RegTech) Organization Size Market, by Region, 2020-2027

Table 21 North America: Global Regulatory Technology (RegTech) Organization Size Market, by Country, 2020-2027

Table 22 Europe: Global Regulatory Technology (RegTech) Organization Size Market, by Country, 2020-2027

Table 23 Asia-Pacific: Global Regulatory Technology (RegTech) Organization Size Market, by Country, 2020-2027

Table 24 Rest of the World: Global Regulatory Technology (RegTech) Organization Size Market, by Country, 2020-2027


LIST OF FIGURES

FIGURE 1 Global Regulatory Technology (RegTech) Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Regulatory Technology (RegTech) Market

FIGURE 4 Value Chain/supply chain of Global Regulatory Technology (RegTech) Market

FIGURE 5 Share of Global Regulatory Technology (RegTech) Market in 2020, by Country (in %)

FIGURE 6 Global Regulatory Technology (RegTech) Market, 2020-2027

FIGURE 7 Sub-segments of Application

FIGURE 8 Global Regulatory Technology (RegTech) Market Size, by Application, 2020

FIGURE 9 Share of Global Regulatory Technology (RegTech) Market, by Application, 2020-2027

FIGURE 10 Global Regulatory Technology (RegTech) Market Size, by Deployment, 2020

FIGURE 11 Share of Global Regulatory Technology (RegTech) Market, by Deployment, 2020-2027

FIGURE 12 Global Regulatory Technology (RegTech) Market Size, by Organization Size, 2020

FIGURE 13 Share of Global Regulatory Technology (RegTech) Market, by Organization Size, 2020-2027

Regulatory Technology Market