Global Market for RegTech is Anticipated to grow at a Significant Pace i.e., USD 19.8 Billion during the Forecast Period 2025 - 2030

Published Date: Mar, 2024

The global RegTech market is forecasted to grow at a CAGR of 20.9% during the forecast period 2025-2030. RegTech, as defined by the Institute of International Finance, is the application of emerging technology that efficiently meets compliance and regulatory standards. RegTech is the application of technology to improve the stringency of regulations and reduce the risks of business compliance. The increased adoption of developed technological solutions to offer fast and secured online transactions and increased implementation of favorable government policies will bolster the growth of the RegTech market.  Moreover, the high compliance costs, increased demand for risk management, rising need for regulating business processes, and extra cost of managing compliance procedures will contribute to the growth of the RegTech market. Furthermore, governments globally are promoting the adoption of RegTech by making the Know Your Customer (KYC) document a mandatory requirement in order to open bank accounts and financial transactions. This has resulted in offering solutions for identity control and management, thus helping in preventing fraud in the financial sector. Nevertheless, RegTech solutions that provide real-time compliance analysis connect regulators and businesses while safeguarding consumers' interests.

In April 2022, Turbonomic, a Boston-based provider of Application Resource Management (ARM) and Network Performance Management (NPM) software, signed a definitive agreement to be acquired by IBM. The acquisition will provide organizations with full-stack application observability and management, enabling them to optimize resources such as containers, virtual machines, servers, storage, networks, and databases to ensure performance and minimize costs.

The COVID-19 outbreak has pushed financial institutions to reconsider their digital transformation approach, as laggards have struggled to manage regulatory compliance. Due to their reliance on on-premises systems, the regulatory documents are not moved, which could result in several instances of non-compliance and further penalties. Financial institutions who were early adopters of RegTech will be able to weather these storms, and the result will be a greater focus on new technology adoption across the finance and non-finance verticals.

Browse 73 market data Tables and 45 Figures spread through 300 Pages and in-depth TOC on " RegTech Market by Component (Solutions and Services (Professional Services and Managed Services), by Deployment Type (Cloud and On-Premises), by Organization Size (Large Enterprises and SMEs), by Application (Risk & Compliance Management, Identity Management, Regulatory Reporting, Regulatory Intelligence, AML, and Fraud Management), by End-Use Vertical (Banks, Insurance Companies, Fintech Firms, IT and Telecom, Public Sector, Energy and Utilities, and Others), and Region - Global Forecast to 2030"

By application, risk and compliance management is anticipated to have the largest growth during the forecast period.

The risk and compliance management is anticipated to contribute to the largest share owing to increased adoption in the US and the UK along with the increased requirements to handle complex processes in the banking sector so as to ensure better execution of compliance management. Compliance functionality is expected to augment as RegTech solutions are integrated into current technology platforms. This is expected to aid financial institutions in increasing operational efficiency, agility, and financial transparency while also lowering compliance costs. Thus, helping businesses to innovate and transform the landscape of regulatory compliance.

Global RegTech Market Segmentation and Key Players

Segment / Key Players

Categorization

Component

Solutions and Services (Professional Services and Managed Services

Deployment Type

Cloud and On-Premises

Organization Size

Large Enterprises and SMEs

Application

Risk & Compliance Management, Identity Management, Regulatory Reporting, Regulatory Intelligence, AML, and Fraud Management

End-Use Vertical

Banks, Insurance Companies, Fintech Firms, IT and Telecom, Public Sector, Energy and Utilities, and Others

Key Players

IBM, Deloitte, Acuity Knowledge Partners, ACTICO GmbH, MetricStream, Trulioo, Ascent, Broadridge Financial Solutions, Inc., Ayasdi AI LLC., and Chainalysis Inc.

Discover More About This Report, Download A Free Sample Copy of Global RegTech Market

“North America is anticipated to grow significantly in the RegTech market during 2025-2030.”

North America is anticipated to grow significantly owing to the rising awareness of RegTech among banks and financial institutions and mounting partnership among RegTech companies with regulatory bodies will fuel the growth in the region.

Some of the major players in the global RegTech market include IBM, Deloitte, Acuity Knowledge Partners, ACTICO GmbH, MetricStream, Trulioo, Ascent, Broadridge Financial Solutions, Inc., Ayasdi AI LLC., and Chainalysis Inc.

Global RegTech Market Coverage

Component Insight and Forecast 2025-2030

  • Solutions
  • Services
    • Professional Services
    • Managed Services

Deployment Type Insight and Forecast 2025-2030

  • Cloud
  • On-Premises

Organization Size Insight and Forecast 2025-2030

  • Large Enterprises
  • SMEs

Application Insight and Forecast 2025-2030

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

End-Use Vertical Insight and Forecast 2025-2030

  • Banks
  • Insurance Companies
  • Fintech Firms
  • IT and Telecom
  • Public Sector
  • Energy and Utilities
  • Others

Geographical Segmentation

RegTech Market by Region

North America

  • By Component
  • By Deployment Type
  • By Organisation Size
  • By Application
  • By End-Use Vertical
  • By Country – U.S., Canada, and Mexico

Europe

  • By Component
  • By Deployment Type
  • By Organisation Size
  • By Application
  • By End-Use Vertical
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Component
  • By Deployment Type
  • By Organisation Size
  • By Application
  • By End-Use Vertical
  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Component
  • By Deployment Type
  • By Organisation Size
  • By Application
  • By End-Use Vertical
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries