RegTech Market By Component (Solution, Services), By Application (Risk & Compliance Management, Regulatory Reporting, Identity Management, Regulatory Intelligence, Anti-Money Laundering & Fraud Management), By Deployment (On-Premises, Cloud), By Industry (Banking, Insurance, Non-Finance), and By Region - Global Industry Overview, Statistical Data, Competitive Intelligence, Trends, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2025-2034 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- ACTICO GmbH
- Ascent Technologies Inc.
- Ayasdi AI LLC
- Others
Reports Description
Our recently published report, “RegTech Market”, offers a comprehensive and deep evaluation of the market stature. Also, the market report estimates the market size, revenue, price, market share, market forecast, growth rate, and competitive analysis. As per research, the RegTech market was estimated at around US$ 8.1 billion in 2021, growing at a CAGR of nearly 15% during 2025-2034. The market is projected to reach approximately US$ 44 billion by 2030.
RegTech Market: Overview
RegTech combines the terms “regulatory” and “technology,” using cutting-edge technology to manage regulatory processes inside the financial sector. The technology assists companies in efficiently and inexpensively complying with rules. RegTech uses cutting-edge technology, including blockchain, big data, cloud computing, biometrics, and machine learning. Data analytics, regulatory monitoring, risk management, reporting, regulatory compliance, and fraud detection are additional key roles played by RegTech.
RegTech Market: COVID – 19 Impact Analysis
The epidemic has caused many challenges for businesses worldwide, but it has opened up a new digital market opportunity for the RegTech sector. Reports of suspicious activity related to money laundering are at an all-time high in several nations, including Germany and Switzerland. A record-breaking 573,085 suspicious activity reports (SARs) were received and handled by the UKFIU in 2019–2020, a 20% increase from 2018-2019. Organizations involved in financial technology (fintech) experienced the fastest growth in SARs.
In 2019–20, they submitted 83,609 SARs, an increase of 263.94% over the previous year (22,973). Of this, 64% of the increase in SARs was attributed to fintech. RegTech providers’ software-as-a-service platforms are gaining popularity in the midst of the epidemic. The market for RegTech experienced growth during the COVID-19 pandemic, and this growth is anticipated to experience continuous growth during 2025-2034.
RegTech Market: Growth Drivers
The Surge in Demand for Faster Transactions
Interbank transactions can be completed more quickly with the use of blockchain technology. This technology is being used by a number of financial institutions for speeding up transactions, reducing error rates, and eliminating reconciliation. Blockchain is best suited for the payments industry. It can help reduce multi-day settlement cycles to real-time, enhance transaction operations, and improve businesses’ capabilities for AML, KYC, and regulatory compliance data. Additionally, faster transactions and settlements can help a financial institution and its customers to transact easily while eliminating the intermediary charging fee to streamline the process. It might eliminate time-consuming processes that banks use with their clients and for currency exchanges.
Increased Collaborations among Financial Institutions and Regulatory Bodies
Regulatory organizations from Asia-Pacific, the US, and Europe are constantly looking forward to working with the global fintech ecosystem. Additionally, this strong desire for cooperation between the fintech community and authorities aims to benefit both businesses and governments. For instance, a coalition of worldwide financial regulators and affiliated organizations officially formed the Global Financial Innovation Network (GFIN) in January 2019 with the goal of promoting financial innovation for the benefit of consumers.
Additionally, the GFIN aims to give new businesses an effective way to communicate with regulators, assisting them in developing new business models that can operate in several jurisdictions. Therefore, during the anticipated period, the growing level of cooperation between national regulators and financial institutions will drive the expansion of the RegTech industry.
RegTech Market: Segmentation Analysis
The RegTech market is segmented into component, application, deployment, and industry. By component, the services segment is expected to notice a high CAGR during the projected period. Financial institutions can use RegTech tools to simplify and automate KYC data collection processes, identify and evaluate significant rules and their evolution over time, and more.
RegTech solutions can be used in various application areas, such as risk and compliance management, identity management, regulatory reporting, fraud management, and regulatory intelligence. They are not restricted to a single type or category. These solutions assist companies in managing risk, enhancing customer satisfaction, and complying with regulations and compliance needs in real-time. Organizations can lower their regulatory expenditures using RegTech services provided by third parties.
Report Scope
Feature of the Report | Details |
Market Size in 2021 | USD 8.1 Billion |
Projected Market Size in 2030 | USD 44 Billion |
CAGR Growth Rate | 15% CAGR (2025-2034) |
Base Year | 2023 |
Forecast Period | 2025-2034 |
Prominent Players | ACTICO GmbH, Ascent Technologies Inc., Ayasdi AI LLC, Broadridge Financial Solutions, Inc., Chainalysis Inc., IVXS UK Limited, Deloitte Touche Tohmatsu Limited, IdentityMind, IBM Corporation, MetricStream Inc., Thomos Reuters, and Others |
Key Segment | By Component, Application, Deployment, Industry, and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Key Insights:
- As per the analysis shared by our research analyst, the RegTech market is estimated to grow annually at a CAGR of around 15% over the forecast period (2025-2034).
- In terms of revenue, their tech market size was valued at around USD 8.1 billion in 2021 and is projected to reach USD 44 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- Based on component segmentation, the software segment was estimated to hold the largest market share in the year 2021.
- Based on deployment segmentation, the cloud segment is projected to notice tremendous growth during 2025-2034.
- Based on industry segmentation, the BFSI was the leading revenue-generating category in 2021.
- On the basis of region, the North American region was the leading revenue generator in 2021.
Recent Development
- April 2022: With an aim to consolidate the company’s recent biometric acquisitions, GBG announced the formation of independent Americas and Global Product units. This amalgamation made GBG one of the biggest pure-play suppliers of digital ID verification and fraud protection technology in America.
- April 2022: ComplyAdvantage, a global data technology company that improves the detection of financial crime, published a new Anti-Money Laundering Essentials Guide for Startups. The new manual was developed in conjunction with ComplyLaunch. This program provides qualified businesses free access to ComplayAdvantage’s anti-money laundering and KYC solutions and other tools.
Regional Landscape
In 2021, North America dominated the RegTech market. The main factors influencing the growth of the RegTech industry are an increased understanding of RegTech among banks and financial institutions and an increase in partnerships between RegTech businesses and regulatory bodies. Furthermore, in the growing RegTech industry, which is disrupting the regulatory environment by providing state-of-the-art solutions within the financial industry, the GDPR guidelines have become mandatory to protect customers’ personal data. Thus, GDPR governs the use of personal data and presents a right for individuals to object to profiling.
This, in turn, is expected to offer profitable opportunities for the RegTech market to gain trust & build service loyalty. RegTech solution providers are now required by law to comply with GDPR standards for some personal data-related activities, which is anticipated to accelerate the European market growth in the coming years.
Competitive Landscape
The market is extremely competitive, and the major competitors are concentrating more and more on gaining a competitive edge. The leading RegTech companies concentrate on R&D to create cutting-edge technology solutions.
The global RegTech market is segmented as follows:
By Component
- Solution
- Services
By Application
- Risk & Compliance Management
- Regulatory Reporting
- Identity Management
- Regulatory Intelligence
- Anti-Money Laundering & Fraud Management
By Deployment
- On-Premises
- Cloud
By Industry
- Banking
- Insurance
- Non-Finance
By Region
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research Methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research Methodology
- Chapter 2. Executive Summary
- 2.1 Global RegTech Market, (2025 – 2034) (USD Billion)
- 2.2 Global RegTech Market: snapshot
- Chapter 3. Global RegTech Market – Industry Analysis
- 3.1 RegTech Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Growing Demand for Faster Transactions
- 3.2.2 Driver 2
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Component
- 3.7.2 Market attractiveness analysis By Application
- 3.7.3 Market attractiveness analysis By Deployment
- 3.7.4 Market attractiveness analysis By Industry
- Chapter 4. Global RegTech Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global RegTech Market: company market share, 2025
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global RegTech Market – Component Analysis
- 5.1 Global RegTech Market overview: By Component
- 5.1.1 Global RegTech Market share, By Component, 2025 and 2034
- 5.2 Solution
- 5.2.1 Global RegTech Market by Solution, 2022 – 2030 (USD Billion)
- 5.3 Services
- 5.3.1 Global RegTech Market by Services, 2022 – 2030 (USD Billion)
- 5.1 Global RegTech Market overview: By Component
- Chapter 6. Global RegTech Market – Application Analysis
- 6.1 Global RegTech Market overview: By Application
- 6.1.1 Global RegTech Market share, By Application, 2025 and 2034
- 6.2 Risk & Compliance Management
- 6.2.1 Global RegTech Market by Risk & Compliance Management, 2022 – 2030 (USD Billion)
- 6.3 Regulatory Reporting
- 6.3.1 Global RegTech Market by Regulatory Reporting, 2022 – 2030 (USD Billion)
- 6.4 Identity Management
- 6.4.1 Global RegTech Market by Identity Management, 2022 – 2030 (USD Billion)
- 6.5 Regulatory Intelligence
- 6.5.1 Global RegTech Market by Regulatory Intelligence, 2022 – 2030 (USD Billion)
- 6.6 Anti-Money Laundering & Fraud Management
- 6.6.1 Global RegTech Market by Anti-Money Laundering & Fraud Management, 2022 – 2030 (USD Billion)
- 6.1 Global RegTech Market overview: By Application
- Chapter 7. Global RegTech Market – Deployment Analysis
- 7.1 Global RegTech Market overview: By Deployment
- 7.1.1 Global RegTech Market share, By Deployment, 2025 and 2034
- 7.2 On-Premises
- 7.2.1 Global RegTech Market by On-Premises, 2022 – 2030 (USD Billion)
- 7.3 Cloud
- 7.3.1 Global RegTech Market by Cloud, 2022 – 2030 (USD Billion)
- 7.1 Global RegTech Market overview: By Deployment
- Chapter 8. Global RegTech Market – Industry Analysis
- 8.1 Global RegTech Market overview: By Industry
- 8.1.1 Global RegTech Market share, By Industry, 2025 and 2034
- 8.2 Banking
- 8.2.1 Global RegTech Market by Banking, 2022 – 2030 (USD Billion)
- 8.3 Insurance
- 8.3.1 Global RegTech Market by Insurance, 2022 – 2030 (USD Billion)
- 8.4 Non-Finance
- 8.4.1 Global RegTech Market by Non-Finance, 2022 – 2030 (USD Billion)
- 8.1 Global RegTech Market overview: By Industry
- Chapter 9. RegTech Industry – Regional Analysis
- 9.1 Global RegTech Industry Regional Overview
- 9.2 Global RegTech Industry Share, by Region, 2025 & 2030 (USD Billion)
- 9.3. North America
- 9.3.1 North America RegTech Industry, 2022 – 2030 (USD Billion)
- 9.3.1.1 North America RegTech Industry, by Country, 2022 – 2030 (USD Billion)
- 9.3.1 North America RegTech Industry, 2022 – 2030 (USD Billion)
- 9.4 North America RegTech Industry, by Component, 2022 – 2030
- 9.4.1 North America RegTech Industry, by Component, 2022 – 2030 (USD Billion)
- 9.5 North America RegTech Industry, by Application, 2022 – 2030
- 9.5.1 North America RegTech Industry, by Application, 2022 – 2030 (USD Billion)
- 9.6 North America RegTech Industry, by Deployment, 2022 – 2030
- 9.6.1 North America RegTech Industry, by Deployment, 2022 – 2030 (USD Billion)
- 9.7 North America RegTech Industry, by Industry, 2022 – 2030
- 9.7.1 North America RegTech Industry, by Industry, 2022 – 2030 (USD Billion)
- 9.4. Europe
- 9.4.2 Europe RegTech Industry, 2022 – 2030 (USD Billion)
- 9.4.2.1 Europe RegTech Industry, by Country, 2022 – 2030 (USD Billion)
- 9.4.2 Europe RegTech Industry, 2022 – 2030 (USD Billion)
- 9.4 Europe RegTech Industry, by Component, 2022 – 2030
- 9.4.1 Europe RegTech Industry, by Component, 2022 – 2030 (USD Billion)
- 9.5 Europe RegTech Industry, by Application, 2022 – 2030
- 9.5.1 Europe RegTech Industry, by Application, 2022 – 2030 (USD Billion)
- 9.6 Europe RegTech Industry, by Deployment, 2022 – 2030
- 9.6.1 Europe RegTech Industry, by Deployment, 2022 – 2030 (USD Billion)
- 9.7 Europe RegTech Industry, by Industry, 2022 – 2030
- 9.7.1 Europe RegTech Industry, by Industry, 2022 – 2030 (USD Billion)
- 9.5. Asia Pacific
- 9.5.3 Asia Pacific RegTech Industry, 2022 – 2030 (USD Billion)
- 9.5.3.1 Asia Pacific RegTech Industry, by Country, 2022 – 2030 (USD Billion)
- 9.5.3 Asia Pacific RegTech Industry, 2022 – 2030 (USD Billion)
- 9.4 Asia Pacific RegTech Industry, by Component, 2022 – 2030
- 9.4.1 Asia Pacific RegTech Industry, by Component, 2022 – 2030 (USD Billion)
- 9.5 Asia Pacific RegTech Industry, by Application, 2022 – 2030
- 9.5.1 Asia Pacific RegTech Industry, by Application, 2022 – 2030 (USD Billion)
- 9.6 Asia Pacific RegTech Industry, by Deployment, 2022 – 2030
- 9.6.1 Asia Pacific RegTech Industry, by Deployment, 2022 – 2030 (USD Billion)
- 9.7 Asia Pacific RegTech Industry, by Industry, 2022 – 2030
- 9.7.1 Asia Pacific RegTech Industry, by Industry, 2022 – 2030 (USD Billion)
- 9.6. Latin America
- 9.6.4 Latin America RegTech Industry, 2022 – 2030 (USD Billion)
- 9.6.4.1 Latin America RegTech Industry, by Country, 2022 – 2030 (USD Billion)
- 9.6.4 Latin America RegTech Industry, 2022 – 2030 (USD Billion)
- 9.4 Latin America RegTech Industry, by Component, 2022 – 2030
- 9.4.1 Latin America RegTech Industry, by Component, 2022 – 2030 (USD Billion)
- 9.5 Latin America RegTech Industry, by Application, 2022 – 2030
- 9.5.1 Latin America RegTech Industry, by Application, 2022 – 2030 (USD Billion)
- 9.6 Latin America RegTech Industry, by Deployment, 2022 – 2030
- 9.6.1 Latin America RegTech Industry, by Deployment, 2022 – 2030 (USD Billion)
- 9.7 Latin America RegTech Industry, by Industry, 2022 – 2030
- 9.7.1 Latin America RegTech Industry, by Industry, 2022 – 2030 (USD Billion)
- 9.7. The Middle-East and Africa
- 9.7.5 The Middle-East and Africa RegTech Industry, 2022 – 2030 (USD Billion)
- 9.7.5.1 The Middle-East and Africa RegTech Industry, by Country, 2022 – 2030 (USD Billion)
- 9.7.5 The Middle-East and Africa RegTech Industry, 2022 – 2030 (USD Billion)
- 9.4 The Middle-East and Africa RegTech Industry, by Component, 2022 – 2030
- 9.4.1 The Middle-East and Africa RegTech Industry, by Component, 2022 – 2030 (USD Billion)
- 9.5 The Middle-East and Africa RegTech Industry, by Application, 2022 – 2030
- 9.5.1 The Middle-East and Africa RegTech Industry, by Application, 2022 – 2030 (USD Billion)
- 9.6 The Middle-East and Africa RegTech Industry, by Deployment, 2022 – 2030
- 9.6.1 The Middle-East and Africa RegTech Industry, by Deployment, 2022 – 2030 (USD Billion)
- 9.7 The Middle-East and Africa RegTech Industry, by Industry, 2022 – 2030
- 9.7.1 The Middle-East and Africa RegTech Industry, by Industry, 2022 – 2030 (USD Billion)
- Chapter 10. Company Profiles
- 10.1 ACTICO GmbH
- 10.1.1 Overview
- 10.1.2 Financials
- 10.1.3 Product Portfolio
- 10.1.4 Business Strategy
- 10.1.5 Recent Developments
- 10.2 Ascent Technologies Inc.
- 10.2.1 Overview
- 10.2.2 Financials
- 10.2.3 Product Portfolio
- 10.2.4 Business Strategy
- 10.2.5 Recent Developments
- 10.3 Ayasdi AI LLC
- 10.3.1 Overview
- 10.3.2 Financials
- 10.3.3 Product Portfolio
- 10.3.4 Business Strategy
- 10.3.5 Recent Developments
- 10.4 Broadridge Financial Solutions Inc.
- 10.4.1 Overview
- 10.4.2 Financials
- 10.4.3 Product Portfolio
- 10.4.4 Business Strategy
- 10.4.5 Recent Developments
- 10.5 Chainalysis Inc.
- 10.5.1 Overview
- 10.5.2 Financials
- 10.5.3 Product Portfolio
- 10.5.4 Business Strategy
- 10.5.5 Recent Developments
- 10.6 IVXS UK Limited
- 10.6.1 Overview
- 10.6.2 Financials
- 10.6.3 Product Portfolio
- 10.6.4 Business Strategy
- 10.6.5 Recent Developments
- 10.7 Deloitte Touche Tohmatsu Limited
- 10.7.1 Overview
- 10.7.2 Financials
- 10.7.3 Product Portfolio
- 10.7.4 Business Strategy
- 10.7.5 Recent Developments
- 10.8 IdentityMind
- 10.8.1 Overview
- 10.8.2 Financials
- 10.8.3 Product Portfolio
- 10.8.4 Business Strategy
- 10.8.5 Recent Developments
- 10.9 IBM Corporation
- 10.9.1 Overview
- 10.9.2 Financials
- 10.9.3 Product Portfolio
- 10.9.4 Business Strategy
- 10.9.5 Recent Developments
- 10.10 MetricStream Inc.
- 10.10.1 Overview
- 10.10.2 Financials
- 10.10.3 Product Portfolio
- 10.10.4 Business Strategy
- 10.10.5 Recent Developments
- 10.11 Thomos Reuters
- 10.11.1 Overview
- 10.11.2 Financials
- 10.11.3 Product Portfolio
- 10.11.4 Business Strategy
- 10.11.5 Recent Developments
- 10.1 ACTICO GmbH
List Of Figures
Figures No 1 to 30
List Of Tables
Tables No 1 to 102
FAQs
“North America” region will lead the global RegTech market during the forecast period 2022 to 2030.
Interbank transactions can be completed more quickly with the use of blockchain technology. This technology is being used by a number of financial institutions for speeding up transactions, reducing error rates, and eliminating reconciliation.
The key players operating in the RegTech market are ACTICO GmbH, Ascent Technologies Inc., Ayasdi AI LLC, Broadridge Financial Solutions, Inc., Chainalysis Inc., IVXS UK Limited, Deloitte Touche Tohmatsu Limited, IdentityMind, IBM Corporation, MetricStream Inc., Thomos Reuters, and Others.
The global RegTech market is expanding growth with a CAGR of approximately 15% during the forecast period (2022 to 2030).
The global RegTech market size was valued at USD 8.1 billion in 2021 and it is projected to reach around USD 44 billion by 2030.