Regtech Market Scope and Analysis by 2031
Regtech Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 7.55 Billion |
Market Size by 2031 | US$ 42.73 Billion |
Global CAGR (2023 - 2031) | 24.2% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Regtech Market News and Recent Developments
The regtech market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the regtech market are listed below:
- MetricStream—a global market leader in integrated risk management (IRM) and governance, risk, and compliance (GRC)—has announced a partnership with Kinetix, a financial technology company specializing in AI-powered technology solutions for banking and capital markets. The new partner would focus on helping compliance teams with automated, AI-powered identification, extraction, and review of regulatory obligations specifically applying to their organizations. They would also enable businesses to accelerate alignment with relevant regulatory requirements and ensure timely and accurate compliance. (Source: MetricStream, Press Release, March 2023)
- PricewaterhouseCoopers Aarata LLC (PwC Aarata) has launched a compliance advisory service using regtech in partnership with CUBE. This was the third partnership between CUBE and the PwC global network, following collaborations with PwC UK and PwC Switzerland. (Source: PricewaterhouseCoopers Aarata LLC, Press Release, April 2022)
Regtech Market Report Coverage and Deliverables
The “Regtech Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Regtech market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Regtech market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Regtech market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the regtech market
- Detailed company profiles