Strategies for Global RegTech Market Players in Market Forecast Period 2022-2031

RegTech Global Market Report 2022: Market Size, Trends and Forecast to 2026

RegTech Global Market Report 2022 by The Business Research Company: Market Size, Trends and Forecast to 2026

LONDON, GREATER LONDON, UK, Sept. 19, 2022 /EINPresswire.com/ — According to RegTech Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026, published by The Business Research Company, the RegTech Market size is then expected to grow to US$23.76 billion in 2026 at a CAGR of 24.5%. The increasing number of fraudulent activities such as money laundering in the financial sector is likely to drive the growth of the RegTech market over the forecast period.

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The RegTech market consists of the sale of RegTech solutions and services by companies (organizations, sole traders and partnerships) engaged in the delivery of regulatory processes within the financial industry via advanced technologies. RegTech, or regulatory technology, is a group of companies that use cloud computing technology and software-as-a-service (SaaS) to help businesses comply with regulations more efficiently and cost-effectively. RegTech’s primary functions are regulatory oversight, monitoring, and compliance.

Global RegTech Market Trends
The RegTech market trends include the application of AI, ML and Blockchain technologies that are expected to shape the market. Large companies operating in the RegTech sector are increasingly using AI, ML and blockchain technologies to automate processes such as data management analysis and due diligence. For example, in January 2021, Darktrace, a UK-based AI cybersecurity company, launched the fifth version of Autonomous Response technology for general accessibility, enabling businesses to take advantage of the cloud while protecting themselves from new cyber – Protect against threats. Compliance with regulations like GDPR, HIPAA, and DFS cybersecurity regulations adds to the long list of issues security professionals face.

Global RegTech Market Segments
Global Regtech Market is segmented into:
By Component: Solutions, Services
By deployment type: cloud, on-premises
By organization size: large companies, small and medium-sized enterprises (SMEs)
By Application: Risk and Compliance Management, Identity Management, Regulatory Reporting, Anti-Money Laundering (AML) and Fraud Management, Regulatory Intelligence
By End User: Banks, Insurance Companies, FinTech Companies, IT & Telecom, Public Sector, Energy & Utilities, Other
By Geography: The global regtech market is segmented into North America, South America, Asia Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America takes the largest share.

Read more about the global Regtech market report here
https://www.thebusinessresearchcompany.com/report/regtech-global-market-report

The RegTech Global Market Report 2022 is one of a series of new reports from The Business Research Company providing an overview of the global Regtech market, analysis and forecasts on the market size and growth of the global Regtech market, Regtech industry share, The Global Regtech Market Segments and Regions, and Regtech provides Global Market Players, Revenue, Profiles and Market Share of Global Market-leading Regtech Competitors. The Regtech Market report identifies the key countries and segments for opportunities and strategies based on market trends and key competitor approaches.

TBRC’s 2022 RegTech Global Market Report provides information on the following:

Data segmentations: market size, global, by region and country, historical and forecast, and growth rates for 60 regions

Major Market Players: Abside RegTech, Accuity, ACTICO, Acuant Inc, Ascent Technologies Inc., BearingPoint Software Solutions GmbH, Broadridge Financial Solutions Inc, BWise Beheer BV, Compliance Solutions Strategies and Sysnet Global Solutions.

Regions: Asia Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

And so much more.

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Fraud Detection and Prevention Global Market Report 2022
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