RegTech Market – Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028

RegTech Market – Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028


Global RegTech Market is growing rapidly due to the high compliance costs and growing demand for regulatory intelligence, which is contributing to the adoption of regulatory technology. RegTech is becoming the foundational technology model for the next normal. Many enterprises are adopting regtech as a cost-effective solution to bolster the need for secure transactions with high-speed transfer. With the rapid changes in regulatory frameworks, working habits and customer expectations, compliance and regulatory technology continue to be a growing area of investment for financial institutions as they streamline their operations. Additionally, the growth of the market is on account of the increasing attention to financial regulations, and rapid expansion in collaboration between national regulators and financial institutions in the forecast years. Technology has become the key enabler of excellence and businesses are including advanced technology such as blockchain, Machine Learning (ML) and Artificial Intelligence (AI) gradually in most of the RegTech solutions as digitalization and computing emerges. The increasing regulatory demand and growing internet penetration are further expected to boost the global regtech market in the forecast period.

RegTech also known as regulatory technology, refers to the technological administration of regulatory processes in the financial industry. Regtech's major tasks include regulatory monitoring, reporting, and compliance. Regulatory technology is a cost-effective and dependable technology that helps enterprises quickly adapt to the pressures of rising regulatory obligations. Enterprises are enabling this technology to ease and simplify data management in the ever-changing regulatory landscape and governance while reducing the cost of compliance through modern technology. In a nutshell, RegTech optimizes regulatory compliance and automates critical procedures by integrating SaaS technologies, cloud computing, big data, and artificial intelligence. It also assists firms in managing threats such as cyberattacks, security breaches, and money laundering. The implementation of RegTech in the fintech industry is still in its early stages. However, it has the potential to revolutionize the industry. RegTech does also play a great role in enterprise by developing potential for enhancing the security and prevention of fraudulent activities, improved customer experience and automation of compliance. Solutions like codified-regulations, AI compliance systems, blockchain tracking and smart contracting all have the immense potential to improve regulatory systems.

Rising Need for Faster Transactions

The exponential growth and the massive adoption of regtech applications for faster transactions in the financial process have spurred the growth in regtech market globally. Financial institutions and banks have experienced a variety of challenges related to traditional cross-border payment systems, including additional processing fees, fraud risks in payment channels, security breaches, and increased failure points. Moreover, due to the participation of multiple intermediaries, transmitting a global payment through regular banking channels is a difficult and multistep procedure. To address these challenges, blockchain-based payment systems such as Blockchain-based credit reporting, trade finance platforms and solutions such as Bitcoin’s Lightning Network and Ethereum’s Plasma are streamlining the transaction process and storing every transaction in a secure distributed ledger, resulting in a faster, efficient, more secure, and less expensive payment method. Furthermore, the growing need for speedier transactions encourages consumers to implement RegTech solutions, supporting the growth of the global RegTech industry.

Growing Instance of Fraudulent Activities

The increased number of fraudulent activities in the financial and banking sector is likely to drive the expansion of the global RegTech market over the forecast period. Fraudulent activities such as money laundering have grown and therefore financial institutions require a more comprehensive regtech framework to assist risk and compliance teams in effectively managing the avalanche of ever-increasing regulatory compliance and more sophisticated breaches. For instance, according to the consumer sentinel network data reports, there has been a rise in imposter scams with the United States customers losing more than USD5.8 billion to fraud in 2021, an increase of more than 70 percent over the previous year. The possibility of fraudulent schemes, security breakdowns, and/or compliance failures is ever-present, necessitating a clear strategic vision along with exact operational procedures. To overcome the risk, regtech technologies and applications are helping to verify identities with regulatory standards such as KYC, AML, by performing other background checks and verifications, eliminating manual intervention, and making the entire process more efficient and effective. Thus, the rising number of fraudulent activities is expected to grow the regtech market globally in the forecast period.

Increase in collaboration between national regulators & financial institutions

The increasing number of regulatory changes and the rising compliance costs are making more institutions opt for technological advancements. Regulatory organizations in Asia-Pacific, the United States, and Europe are eager to work with the global fintech community. In addition, the strong inclination towards engaging the fintech community and agencies strives for a win-win situation for businesses and governments. Regulatory technology is a cost-effective and dependable technology that helps enterprises quickly adapt to the pressures of rising regulatory obligations. The growing requirement for appropriate rules has opened up opportunities and changed the environment, making data transfer safer, more sustainable, and more efficient. Additionally, since the economic crisis the huge increase in implementation of regulation throughout the financial services industry has led to a drive for operational efficiency and better cost management. Regulators are demanding more advanced governance and data management, as well as enhanced reporting and operational processes. RegTech solutions can provide greater confidence in meeting an organization’s broad governance requirement for risk and compliance. Thus, the growing collaboration between financial institutions and regulatory associations is propelling the growth of Global RegTech Market in the forecast period.

Market Segmentation

The global regtech market is segmented into component, deployment mode, organization size, application, technology, end-user, region and competitive landscape. Based on component, the market is bifurcated into solutions and services. The services component is further bifurcated into professional services and managed services. Based on deployment mode, the market is segmented into on-premises and cloud. Based on organization size, the market is divided into SMEs and Large Enterprise. Based on application, the market is categorized into risk and compliance management, identity management, regulatory reporting, fraud management, regulatory intelligence. Based on technology, the market is segmented into cloud computing, blockchain, biometrics, artificial intelligence (AI), NLP & machine learning, and others. The end-user segment is further categorized into healthcare, BFSI, retail, IT & telecommunications, government & public sector, transportation & logistics, food & beverage, manufacturing, and others.

Market Players

Major market players in the global regtech market are ACTICO GmbH, REGnosys Limited, Thomson Reuters, Ascent Technologies Inc., Broadridge Financial Solutions Inc., Ayasdi AI LLC, Deloitte Touche Tohmatsu Limited, International Business Machines Corporation (IBM), London Stock Exchange Group (LSEG), Wolters Kluwer N.V.

Report Scope:

In this report, the global regtech market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
  • RegTech Market, By Component
  • Solutions
  • Services
  • Professional Services
  • Managed Services
  • RegTech Market, By Deployment Mode
  • On-Premises
  • Cloud
  • RegTech Market, By Organization Size
  • SMEs
  • Large Enterprise
  • RegTech Market, By Application
  • Risk and Compliance Management
  • dentity Management
  • Regulatory Reporting
  • Fraud Management
  • Regulatory Intelligence
  • RegTech Market, By Technology
  • Cloud Computing
  • Blockchain
  • Biometrics
  • Artificial Intelligence (AI)
  • NLP & Machine Learning
  • Others
  • RegTech Market, By End-User
  • Healthcare
  • BFSI
  • Retail
  • T & Telecommunications
  • Government & Public Sector
  • Transportation & Logistics
  • Food & Beverage
  • Manufacturing
  • Others
  • RegTech Market, By Region:
  • North America
  • United States
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Spain
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • South Africa
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the global regtech market.

Company Information
  • Detailed analysis and profiling of additional market players (up to five).
Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights


1. Service Overview
2. Research Methodology
3. Impact of COVID-19 on Global RegTech Market
4. Executive Summary
5. Voice of Customers
6. Global RegTech Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Component (Solutions and Services (Professional Services and Managed Services))
6.2.2. By Deployment Mode (On-Premises and Cloud)
6.2.3. By Organization Size (SMEs, Large Enterprise)
6.2.4. By Application (Risk and Compliance Management, Identity Management, Regulatory Reporting, Fraud Management, Regulatory Intelligence)
6.2.5. By Technology (Cloud Computing, Blockchain, Biometrics, Artificial Intelligence (AI), NLP & Machine Learning, Others)
6.2.6. By End-User (Healthcare, BFSI, Retail, IT & Telecommunications, Government & Public Sector, Transportation & Logistics, Food & Beverage, Manufacturing, Other)
6.2.7. By Region (North America, Europe, Asia-Pacific, South America, Middle East & Africa (MEA))
6.3. By Company (2022)
6.4. Market Map
7. North America RegTech Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Component
7.2.2. By Deployment Mode
7.2.3. By Organization Size
7.2.4. By Application
7.2.5. By Technology
7.2.6. By End-User
7.2.7. By Country
7.3. North America: Country Analysis
7.3.1. United States RegTech Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Component
7.3.1.2.2. By Deployment Mode
7.3.1.2.3. By Organization Size
7.3.1.2.4. By Application
7.3.1.2.5. By Technology
7.3.1.2.6. By End-User
7.3.2. Canada RegTech Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Component
7.3.2.2.2. By Deployment Mode
7.3.2.2.3. By Organization Size
7.3.2.2.4. By Application
7.3.2.2.5. By Technology
7.3.2.2.6. By End-User
7.3.3. Mexico RegTech Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Component
7.3.3.2.2. By Deployment Mode
7.3.3.2.3. By Organization Size
7.3.3.2.4. By Application
7.3.3.2.5. By Technology
7.3.3.2.6. By End-User
8. Asia-Pacific RegTech Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Component
8.2.2. By Deployment Mode
8.2.3. By Organization Size
8.2.4. By Application
8.2.5. By Technology
8.2.6. By End-User
8.2.7. By Country
8.3. Asia-Pacific: Country Analysis
8.3.1. China RegTech Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Component
8.3.1.2.2. By Deployment Mode
8.3.1.2.3. By Organization Size
8.3.1.2.4. By Application
8.3.1.2.5. By Technology
8.3.1.2.6. By End-User
8.3.2. Japan RegTech Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Component
8.3.2.2.2. By Deployment Mode
8.3.2.2.3. By Organization Size
8.3.2.2.4. By Application
8.3.2.2.5. By Technology
8.3.2.2.6. By End-User
8.3.3. South Korea RegTech Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Component
8.3.3.2.2. By Deployment Mode
8.3.3.2.3. By Organization Size
8.3.3.2.4. By Application
8.3.3.2.5. By Technology
8.3.3.2.6. By End-User
8.3.4. India RegTech Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Component
8.3.4.2.2. By Deployment Mode
8.3.4.2.3. By Organization Size
8.3.4.2.4. By Application
8.3.4.2.5. By Technology
8.3.4.2.6. By End-User
8.3.5. Australia RegTech Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Component
8.3.5.2.2. By Deployment Mode
8.3.5.2.3. By Organization Size
8.3.5.2.4. By Application
8.3.5.2.5. By Technology
8.3.5.2.6. By End-User
9. Europe RegTech Market Outlook
9.1. Market Size & Forecast
9.1.1. By Component
9.1.2. By Deployment Mode
9.1.3. By Organization Size
9.1.4. By Application
9.1.5. By Technology
9.1.6. By End-User
9.1.7. By Country
9.2. Europe: Country Analysis
9.2.1. United Kingdom RegTech Market Outlook
9.2.1.1. Market Size & Forecast
9.2.1.1.1. By Value
9.2.1.2. Market Share & Forecast
9.2.1.2.1. By Component
9.2.1.2.2. By Deployment Mode
9.2.1.2.3. By Organization Size
9.2.1.2.4. By Application
9.2.1.2.5. By Technology
9.2.1.2.6. By End-User
9.2.2. Germany RegTech Market Outlook
9.2.2.1. Market Size & Forecast
9.2.2.1.1. By Value
9.2.2.2. Market Share & Forecast
9.2.2.2.1. By Component
9.2.2.2.2. By Deployment Mode
9.2.2.2.3. By Organization Size
9.2.2.2.4. By Application
9.2.2.2.5. By Technology
9.2.2.2.6. By End-User
9.2.3. France RegTech Market Outlook
9.2.3.1. Market Size & Forecast
9.2.3.1.1. By Value
9.2.3.2. Market Share & Forecast
9.2.3.2.1. By Component
9.2.3.2.2. By Deployment Mode
9.2.3.2.3. By Organization Size
9.2.3.2.4. By Application
9.2.3.2.5. By Technology
9.2.3.2.6. By End-User
9.2.4. Italy RegTech Market Outlook
9.2.4.1. Market Size & Forecast
9.2.4.1.1. By Value
9.2.4.2. Market Share & Forecast
9.2.4.2.1. By Component
9.2.4.2.2. By Deployment Mode
9.2.4.2.3. By Organization Size
9.2.4.2.4. By Application
9.2.4.2.5. By Technology
9.2.4.2.6. By End-User
9.2.5. Spain RegTech Market Outlook
9.2.5.1. Market Size & Forecast
9.2.5.1.1. By Value
9.2.5.2. Market Share & Forecast
9.2.5.2.1. By Component
9.2.5.2.2. By Deployment Mode
9.2.5.2.3. By Organization Size
9.2.5.2.4. By Application
9.2.5.2.5. By Technology
9.2.5.2.6. By End-User
10. South America RegTech Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Component
10.2.2. By Deployment Mode
10.2.3. By Organization Size
10.2.4. By Application
10.2.5. By Technology
10.2.6. By End-User
10.2.7. By Country
10.3. South America: Country Analysis
10.3.1. Brazil RegTech Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Component
10.3.1.2.2. By Deployment Mode
10.3.1.2.3. By Organization Size
10.3.1.2.4. By Application
10.3.1.2.5. By Technology
10.3.1.2.6. By End-User
10.3.2. Argentina RegTech Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Component
10.3.2.2.2. By Deployment Mode
10.3.2.2.3. By Organization Size
10.3.2.2.4. By Application
10.3.2.2.5. By Technology
10.3.2.2.6. By End-User
10.3.3. Colombia RegTech Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Component
10.3.3.2.2. By Deployment Mode
10.3.3.2.3. By Organization Size
10.3.3.2.4. By Application
10.3.3.2.5. By Technology
10.3.3.2.6. By End-User
11. Middle East & Africa RegTech Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Component
11.2.2. By Deployment Mode
11.2.3. By Organization Size
11.2.4. By Application
11.2.5. By Technology
11.2.6. By End-User
11.2.7. By Country
11.3. Middle East & Africa: Country Analysis
11.3.1. UAE RegTech Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Component
11.3.1.2.2. By Deployment Mode
11.3.1.2.3. By Organization Size
11.3.1.2.4. By Application
11.3.1.2.5. By Technology
11.3.1.2.6. By End-User
11.3.2. Saudi Arabia RegTech Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Component
11.3.2.2.2. By Deployment Mode
11.3.2.2.3. By Organization Size
11.3.2.2.4. By Application
11.3.2.2.5. By Technology
11.3.2.2.6. By End-User
11.3.3. South Africa RegTech Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Component
11.3.3.2.2. By Deployment Mode
11.3.3.2.3. By Organization Size
11.3.3.2.4. By Application
11.3.3.2.5. By Technology
11.3.3.2.6. By End-User
12. Market Dynamics
12.1. Drivers
12.1.1. Rising Need for Faster Transactions
12.1.2. Growing Instance of Fraudulent activities
12.1.3. Increase in collaboration between national regulators & financial institutions
12.2. Challenges
12.2.1. Stringent Environmental Regulations Against Few Raw Materials
12.2.2. Threat to Cybersecurity and Consumer Data Privacy
13. Market Trends & Developments
13.1. Surge in demand for Automated Regulatory Compliance Processes
13.2. Increasing Internet Penetration
13.3. Increasing Government Initiatives
13.4. Changing Business needs due to Covid-19 Driving Adoption
13.5. Rising adoption of Cloud Computing services
14. Company Profiles
14.1. ACTICO GmbH
14.1.1. Business Overview
14.1.2. Key Revenue and Financials
14.1.3. Recent Developments
14.1.4. Key Personnel
14.1.5. Key Product/Services
14.2. REGnosys Limited
14.2.1. Business Overview
14.2.2. Key Revenue and Financials
14.2.3. Recent Developments
14.2.4. Key Personnel
14.2.5. Key Product/Services
14.3. Thomson Reuters
14.3.1. Business Overview
14.3.2. Key Revenue and Financials
14.3.3. Recent Developments
14.3.4. Key Personnel
14.3.5. Key Product/Services
14.4. Ascent Technologies Inc.
14.4.1. Business Overview
14.4.2. Key Revenue and Financials
14.4.3. Recent Developments
14.4.4. Key Personnel
14.4.5. Key Product/Services
14.5. Broadridge Financial Solutions Inc.
14.5.1. Business Overview
14.5.2. Key Revenue and Financials
14.5.3. Recent Developments
14.5.4. Key Personnel
14.5.5. Key Product/Services
14.6. Ayasdi AI LLC
14.6.1. Business Overview
14.6.2. Key Revenue and Financials
14.6.3. Recent Developments
14.6.4. Key Personnel
14.6.5. Key Product/Services
14.7. Deloitte Touche Tohmatsu Limited
14.7.1. Business Overview
14.7.2. Key Revenue and Financials
14.7.3. Recent Developments
14.7.4. Key Personnel
14.7.5. Key Product/Services
14.8. International Business Machines Corporation (IBM)
14.8.1. Business Overview
14.8.2. Key Revenue and Financials
14.8.3. Recent Developments
14.8.4. Key Personnel
14.8.5. Key Product/Services
14.9. London Stock Exchange Group (LSEG)
14.9.1. Business Overview
14.9.2. Key Revenue and Financials
14.9.3. Recent Developments
14.9.4. Key Personnel
14.9.5. Key Product/Services
14.10. Wolters Kluwer N.V.
14.10.1. Business Overview
14.10.2. Key Revenue and Financials
14.10.3. Recent Developments
14.10.4. Key Personnel
14.10.5. Key Product/Services
15. Strategic Recommendations
16. About Us & Disclaimer
(Note: The companies list can be customized based on the client requirements.)

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