The RegTech Market size was valued at USD 9.23 billion in 2022 and is expected to grow to USD 40.92 billion by 2030 and grow at a CAGR of 20.46 % over the forecast period of 2023-2030.
The rise in focus on maintaining transparency in financial regulations and improving strategies for Know Your Customer (KYC) and Anti Money Laundering (AML) through the implementation of regulatory technologies has become a major driving force for market growth. Furthermore, as government policies and country regulations continue to evolve, there is a growing need to enhance the quality of reported data across various regimes and jurisdictions, which further fuels the growth of the RegTech market. One notable example of this trend can be seen in Europe, where the adoption of RegTech is gaining momentum in the European Parliament's MiFID II legislation. This regulation aims to promote consistency among investment services within the 31 member states of the European Economic Area (EEA) and is expected to experience significant growth in the coming years.
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The cost of fraud in the US and Canadian financial services sector is on the rise. US financial services companies now pay $4.20 instead of $3.60 for every $1 lost to fraud, marking a 16.13% increase. Similarly, Canadian financial services companies have experienced a cost increase of 19.45%, with the figure rising from $3.18 in 2020 to $3.79 in 2022. This surge in fraudulent activities has consequently led to an increased demand for the RegTech market.
The increasing complexity of financial transactions and the ever-evolving nature of financial crimes necessitate the adoption of advanced technologies to effectively combat these challenges. RegTech solutions offer automated and intelligent tools that enable organizations to monitor and analyze vast amounts of data, identify suspicious activities, and ensure compliance with regulatory standards.
Market Definition
RegTech, which combines the terms "regulatory" and "technology," uses cutting-edge technology to manage regulatory processes inside the financial sector. RegTech plays a crucial role in helping companies comply with rules in a cost-effective and efficient manner. It leverages advanced technologies such as blockchain, big data, cloud computing, biometrics, and machine learning. RegTech encompasses various key functions including data analytics, regulatory monitoring, risk management, reporting, regulatory compliance, and fraud detection. By harnessing these innovative tools, RegTech empowers businesses to navigate the complex regulatory landscape with ease and accuracy.
Drivers
The demand for RegTech is increasing due to the increasing use of online payment methods.
Solutions for cloud computing are being adopted quickly, which is driving market expansion.
Increasing emphasis on maintaining transparency in financial regulations.
An increasing number of transactions are fraudulent
Due to the significant increase in fraud and money laundering within the banking sector, there has been a notable growth in the market for RegTech. Financial institutions now require a more robust RegTech framework to assist their risk and compliance teams in managing the influx of complex regulatory compliance requirements resulting from the surge in fraudulent activities, such as money laundering. In response to this need, IBM developed its cognitive fraud prevention solution, aiming to aid anti-fraud organizations in promptly identifying and addressing new payment fraud risks. The success of IBM's cognitive approach to real-time fraud detection was acknowledged when it received the prestigious Financial Crime Product of the Year award in the same year. Consequently, the demand for RegTech has increased as fraudulent activities continue to rise.
Restrains
The exorbitant cost of software has become a prevalent issue in today's business landscape.
Assuring the secure administration and privacy of customer data and resolving inconsistent laws in various regions
Opportunities
Increasing investment in RegTech by developing economies.
RegTech enhances financial specialists' capabilities.
RegTech enhances the capacity of financial authorities to address challenges arising from digitization and the expansion of their responsibilities. By providing a more comprehensive understanding, RegTech empowers monetary authorities to regulate more effectively, thereby supporting market behavior, competition dynamics, financial inclusion and innovation, financial stability, and the prevention of financial crime. Additionally, RegTech tools have the potential to enhance the quality of data used in the development and implementation of regulations. The advent of cutting-edge technologies has revolutionized data collection methods. For instance, the information gathered by chatbots during consumer interactions differs from traditional conversational methods. Consequently, the regulations governing the collection of data by these conversational systems will undergo changes due to this transformation.
Challenges
Insufficient data standardization is a prevalent issue that needs to be addressed in order to enhance professionalism, effectiveness, and comprehension.
During times of geopolitical instability, governments, and regulatory bodies may become more vigilant about enforcing existing regulations or introducing new ones to address emerging risks. This heightened regulatory scrutiny can drive demand for RegTech solutions, as financial institutions seek ways to ensure compliance and manage regulatory change effectively. The war in Ukraine may introduce new geopolitical and economic risks that financial institutions need to assess and monitor. RegTech companies that offer risk assessment and monitoring solutions could see increased demand as businesses seek to mitigate exposure to geopolitical uncertainties.
Geopolitical conflicts often result in the imposition of sanctions by various countries and international organizations. RegTech companies that specialize in sanctions screening and compliance monitoring may find expanded opportunities as businesses strive to avoid inadvertently engaging with sanctioned entities or jurisdictions. With geopolitical tensions on the rise, concerns about data security and privacy become more acute. RegTech firms that offer solutions for data protection and privacy compliance may experience greater interest from organizations looking to safeguard sensitive information in uncertain times. The conflict can disrupt cross-border trade and transactions, leading to increased complexity in financial operations. RegTech companies that offer solutions for cross-border compliance and transaction monitoring may see growth in demand as businesses adapt to changing trade dynamics. To address evolving regulatory and risk challenges stemming from geopolitical events, financial institutions may allocate more resources to invest in RegTech solutions. This could lead to increased funding and growth opportunities for RegTech startups and established companies.
Impact of Recession
Many businesses, including financial institutions, may face cost-cutting pressures during a recession. In such circumstances, they may look to RegTech solutions to help streamline compliance processes and reduce operational costs. RegTech can offer automation and efficiency gains, making it an attractive option for companies looking to do more with less. RegTech startups and smaller players in the industry might face difficulties in securing investment during a recession. Investors may become more risk-averse and conservative with their capital, which could hinder the growth of emerging RegTech firms. Established companies with solid track records and customer bases may fare better in terms of funding. Economic downturns can lead to consolidation within the financial industry, with larger institutions acquiring smaller ones. This can impact the RegTech market as well, as acquiring companies may integrate or replace existing compliance systems with their own, potentially reducing the demand for standalone RegTech solutions.
Some RegTech firms may see recessions as an opportunity to innovate and adapt their solutions to meet the changing needs of financial institutions. For example, they may develop cost-effective solutions tailored to the specific challenges posed by economic downturns. Financial institutions may increasingly collaborate with RegTech providers to develop custom solutions that address the unique challenges posed by a recession. This collaboration can lead to the creation of new and specialized RegTech tools.
By Component
Solutions
Services
By Enterprise Size
Large Enterprises
SMEs
By Application
Risk & Compliance Management
Identity Management
Regulatory Reporting
AML and Fraud Management
Regulatory Intelligence
By Deployment Type
Cloud
On-premises
By Vertical
Banking
Insurance
Non-Financial
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The risk and compliance management segment dominated the regulatory technology market, accounting for the largest market share valued at USD 945.7 million In 2020. This significant growth can be attributed to its widespread adoption in both the U.S. and the U.K., as well as the increasing demand for efficient management of complex processes within the banking sector. By effectively managing compliance, organizations can ensure smoother operations and improved execution. Additionally, the growth is fueled by the ever-tightening regulations surrounding risk management, compliance, fraud prevention, and identity management.
Due to growing investments in and the number of startups in the North American market, the worldwide RegTech market in 2022 had the greatest revenue share. North American RegTechs accounted for an astounding 84% of global investment in 2021. Due to worries that tokens with registered securities could expose cryptocurrency values to manipulation, there has been an increased emphasis on regulating cryptocurrencies. BitMEX consented to pay a $102 million penalty for failing to abide by American money laundering regulations. Additionally, the growing severity of penalties and regulations in the crypto markets, along with the trend of crypto communications in RegTech, are propelling this region's market revenue growth.
The Asia Pacific region is witnessing a remarkable surge in its market, with a projected high compound annual growth rate (CAGR) during the forecast period. This growth can be attributed to a multitude of factors that are driving the market's expansion. Firstly, there has been a substantial rise in the demand for effective digital payment services, indicating a shift towards more efficient and convenient payment methods. Additionally, the presence of well-established fintech hotspots in the region further fuels this growth, as they serve as centers for innovation and technological advancements in the financial sector. Lastly, the increasing emphasis on virtual currencies, particularly cryptocurrency, has also played a significant role in propelling the market forward. These factors collectively contribute to the remarkable growth observed in the Asia Pacific market.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
The major players are IVXS UK Limited, Ascent Technologies Inc., Fenergo, ACTICO GmbH, Chainalysis Inc., IdentityMind, Broadridge Financial Solutions, Inc., Deloitte Touche Tohmatsu Limited, London Stock Exchange Group plc, Ayasdi AI LLC, Complyadvantage, and others in final report.
In December 2021, Trulioo introduced an innovative identity verification service aimed at promoting financial inclusion for Gen Z individuals. This cutting-edge solution is designed to ensure that young adults have access to secure and reliable financial services.
In September 2021, Trulioo formed a strategic partnership with Zolve, a leading provider of financial solutions. Through this collaboration, Trulioo is able to offer its clients real-time identity verification solutions and services. This partnership enables businesses to streamline their operations and enhance their customer onboarding processes.
In June 2021, MetricStream and SmarTek21 joined forces to revolutionize the Governance, Risk, and Compliance (GRC) industry. By leveraging the power of artificial intelligence, they developed AI-powered virtual agents that engage frontline employees. These virtual agents provide real-time support and guidance, ensuring that organizations can effectively manage risks and comply with regulations.
In April 2020, Wolters Kluwer partnered with Vizor Software to elevate the standard of regulatory reporting in Singapore. This collaboration aimed to enhance the quality and accuracy of regulatory compliance while reducing the time and effort required. By leveraging Vizor Software's advanced technology, Wolters Kluwer enabled businesses to streamline their reporting processes and ensure compliance with regulatory requirements.
| Report Attributes | Details |
| Market Size in 2022 | US$ 9.23 Billion |
| Market Size by 2030 | US$ 40.92 Billion |
| CAGR | CAGR of 20.46 % From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2019-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Component (Solutions, Services) • By Enterprise Size (Large Enterprises, SMEs) • By Application (Risk & Compliance Management, Identity Management, Regulatory Reporting, AML and Fraud Management, Regulatory Intelligence) • By Deployment Type (Cloud, On-premises) • By Vertical (Banking, Insurance, Non-Financial) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | IVXS UK Limited, Ascent Technologies Inc., Fenergo, ACTICO GmbH, Chainalysis Inc., IdentityMind, Broadridge Financial Solutions, Inc., Deloitte Touche Tohmatsu Limited, London Stock Exchange Group plc, Ayasdi AI LLC, Complyadvantage |
| Key Drivers | • The demand for RegTech is increasing due to the increasing use of online payment methods. • Solutions for cloud computing are being adopted quickly, which is driving market expansion. • Increasing emphasis on maintaining transparency in financial regulations. • An increasing number of transactions are fraudulent |
| Market Challenges | • Insufficient data standardization is a prevalent issue that needs to be addressed in order to enhance professionalism, effectiveness, and comprehension. |
Ans: USD 9.23 billion in 2022 is the market share of the RegTech Market.
Ans. The CAGR of the RegTech Market for the forecast period 2022-2030 is 20.46%.
Ans. The forecast period for the RegTech Market is 2022-2030.
ANS: Yes, you can ask for the customization as pas per your business requirement.
Ans. There are Five segments are covered in RegTech Market report, By Component, By Enterprise Size, By Application, By Deployment Type, By Vertical.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. RegTech Market Segmentation, By Component
8.1 Solutions
8.2 Services
9. RegTech Market Segmentation, By Enterprise Size
9.1 Large Enterprises
9.2 Small and medium-sized enterprises (SMEs)
10. RegTech Market Segmentation, By Application
10.1 Risk & Compliance Management
10.2 Identity Management
10.3 Regulatory Reporting
10.4 AML and Fraud Management
10.5 Regulatory Intelligence
11. RegTech Market Segmentation, By Deployment Type
11.1 Cloud
11.2 On-premises
12. RegTech Market Segmentation, By Vertical
12.1 Banking
12.2 Insurance
12.3 Non-Financial
13 Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 North America RegTech Market By Country
13.2.2 North America RegTech Market by Component
13.2.3 North America RegTech Market By Enterprise Size
13.2.4 North America RegTech Market By Application
13.2.5 North America RegTech Market By Deployment Type
13.2.6 North America RegTech Market By Vertical
13.2.7 USA
13.2.7.1 USA RegTech Market by Component
13.2.7.2 USA RegTech Market By Enterprise Size
13.2.7.3 USA RegTech Market By Application
13.2.7.4 USA RegTech Market By Deployment Type
13.2.7.5 USA RegTech Market By Vertical
13.2.8 Canada
13.2.8.1 Canada RegTech Market by Component
13.2.8.2 Canada RegTech Market By Enterprise Size
13.2.8.3 Canada RegTech Market By Application
13.2.8.4 Canada RegTech Market By Deployment Type
13.2.8.5 Canada RegTech Market By Vertical
13.2.9 Mexico
13.2.9.1 Mexico RegTech Market by Component
13.2.9.2 Mexico RegTech Market By Enterprise Size
13.2.9.3 Mexico RegTech Market By Application
13.2.9.4 Mexico RegTech Market By Deployment Type
13.2.9.5 Mexico RegTech Market By Vertical
13.3 Europe
13.3.1 Eastern Europe
13.3.1.1 Eastern Europe RegTech Market By Country
13.3.1.2 Eastern Europe RegTech Market by Component
13.3.1.3 Eastern Europe RegTech Market By Enterprise Size
13.3.1.4 Eastern Europe RegTech Market By Application
13.3.1.5 Eastern Europe RegTech Market By Deployment Type
13.3.1.6 Eastern Europe RegTech Market By Vertical
13.3.1.7 Poland
13.3.1.7.1 Poland RegTech Market by Component
13.3.1.7.2 Poland RegTech Market By Enterprise Size
13.3.1.7.3 Poland RegTech Market By Application
13.3.1.7.4 Poland RegTech Market By Deployment Type
13.3.1.7.5 Poland RegTech Market By Vertical
13.3.1.8 Romania
13.3.1.8.1 Romania RegTech Market by Component
13.3.1.8.2 Romania RegTech Market By Enterprise Size
13.3.1.8.3 Romania RegTech Market By Application
13.3.1.8.4 Romania RegTech Market By Deployment Type
13.3.1.8.5 Romania RegTech Market By Vertical
13.3.1.9 Hungary
13.3.1.9.1 Hungary RegTech Market by Component
13.3.1.9.2 Hungary RegTech Market By Enterprise Size
13.3.1.9.3 Hungary RegTech Market By Application
13.3.1.9.4 Hungary RegTech Market By Deployment Type
13.3.1.9.5 Hungary RegTech Market By Vertical
13.3.1.10 Turkey
13.3.1.10.1 Turkey RegTech Market by Component
13.3.1.10.2 Turkey RegTech Market By Enterprise Size
13.3.1.10.3 Turkey RegTech Market By Application
13.3.1.10.4 Turkey RegTech Market By Deployment Type
13.3.1.10.5 Turkey RegTech Market By Vertical
13.3.1.11 Rest of Eastern Europe
13.3.1.11.1 Rest of Eastern Europe RegTech Market by Component
13.3.1.11.2 Rest of Eastern Europe RegTech Market By Enterprise Size
13.3.1.11.3 Rest of Eastern Europe RegTech Market By Application
13.3.1.11.4 Rest of Eastern Europe RegTech Market By Deployment Type
13.3.1.11.5 Rest of Eastern Europe RegTech Market By Vertical
13.3.2 Western Europe
13.3.2.1 Western Europe RegTech Market By Country
13.3.2.2 Western Europe RegTech Market by Component
13.3.2.3 Western Europe RegTech Market By Enterprise Size
13.3.2.4 Western Europe RegTech Market By Application
13.3.2.5 Western Europe RegTech Market By Deployment Type
13.3.2.6 Western Europe RegTech Market By Vertical
13.3.2.7 Germany
13.3.2.7.1 Germany RegTech Market by Component
13.3.2.7.2 Germany RegTech Market By Enterprise Size
13.3.2.7.3 Germany RegTech Market By Application
13.3.2.7.4 Germany RegTech Market By Deployment Type
13.3.2.7.5 Germany RegTech Market By Vertical
13.3.2.8 France
13.3.2.8.1 France RegTech Market by Component
13.3.2.8.2 France RegTech Market By Enterprise Size
13.3.2.8.3 France RegTech Market By Application
13.3.2.8.4 France RegTech Market By Deployment Type
13.3.2.8.5 France RegTech Market By Vertical
13.3.2.9 UK
13.3.2.9.1 UK RegTech Market by Component
13.3.2.9.2 UK RegTech Market By Enterprise Size
13.3.2.9.3 UK RegTech Market By Application
13.3.2.9.4 UK RegTech Market By Deployment Type
13.3.2.9.5 UK RegTech Market By Vertical
13.3.2.10 Italy
13.3.2.10.1 Italy RegTech Market by Component
13.3.2.10.2 Italy RegTech Market By Enterprise Size
13.3.2.10.3 Italy RegTech Market By Application
13.3.2.10.4 Italy RegTech Market By Deployment Type
13.3.2.10.5 Italy RegTech Market By Vertical
13.3.2.11 Spain
13.3.2.11.1 Spain RegTech Market by Component
13.3.2.11.2 Spain RegTech Market By Enterprise Size
13.3.2.11.3 Spain RegTech Market By Application
13.3.2.11.4 Spain RegTech Market By Deployment Type
13.3.2.11.5 Spain RegTech Market By Vertical
13.3.2.12 The Netherlands
13.3.2.12.1 Netherlands RegTech Market by Component
13.3.2.12.2 Netherlands RegTech Market By Enterprise Size
13.3.2.12.3 Netherlands RegTech Market By Application
13.3.2.12.4 Netherlands RegTech Market By Deployment Type
13.3.2.12.5 Netherlands RegTech Market By Vertical
13.3.2.13 Switzerland
13.3.2.13.1 Switzerland RegTech Market by Component
13.3.2.13.2 Switzerland RegTech Market By Enterprise Size
13.3.2.13.3 Switzerland RegTech Market By Application
13.3.2.13.4 Switzerland RegTech Market By Deployment Type
13.3.2.13.5 Switzerland RegTech Market By Vertical
13.3.2.14 Austria
13.3.2.14.1 Austria RegTech Market by Component
13.3.2.14.2 Austria RegTech Market By Enterprise Size
13.3.2.14.3 Austria RegTech Market By Application
13.3.2.14.4 Austria RegTech Market By Deployment Type
13.3.2.14.5 Austria RegTech Market By Vertical
13.3.2.15 Rest of Western Europe
13.3.2.15.1 Rest of Western Europe RegTech Market by Component
13.3.2.15.2 Rest of Western Europe RegTech Market By Enterprise Size
13.3.2.15.3 Rest of Western Europe RegTech Market By Application
13.3.2.15.4 Rest of Western Europe RegTech Market By Deployment Type
13.3.2.15.5 Rest of Western Europe RegTech Market By Vertical
13.4 Asia-Pacific
13.4.1 Asia Pacific RegTech Market By Country
13.4.2 Asia Pacific RegTech Market by Component
13.4.3 Asia Pacific RegTech Market By Enterprise Size
13.4.4 Asia Pacific RegTech Market By Application
13.4.5 Asia Pacific RegTech Market By Deployment Type
13.4.6 Asia Pacific RegTech Market By Vertical
13.4.7 China
13.4.7.1 China RegTech Market by Component
13.4.7.2 China RegTech Market By Enterprise Size
13.4.7.3 China RegTech Market By Application
13.4.7.4 China RegTech Market By Deployment Type
13.4.7.5 China RegTech Market By Vertical
13.4.8 India
13.4.8.1 India RegTech Market by Component
13.4.8.2 India RegTech Market By Enterprise Size
13.4.8.3 India RegTech Market By Application
13.4.8.4 India RegTech Market By Deployment Type
13.4.8.5 India RegTech Market By Vertical
13.4.9 Japan
13.4.9.1 Japan RegTech Market by Component
13.4.9.2 Japan RegTech Market By Enterprise Size
13.4.9.3 Japan RegTech Market By Application
13.4.9.4 Japan RegTech Market By Deployment Type
13.4.9.5 Japan RegTech Market By Vertical
13.4.10 South Korea
13.4.10.1 South Korea RegTech Market by Component
13.4.10.2 South Korea RegTech Market By Enterprise Size
13.4.10.3 South Korea RegTech Market By Application
13.4.10.4 South Korea RegTech Market By Deployment Type
13.4.10.5 South Korea RegTech Market By Vertical
13.4.11 Vietnam
13.4.11.1 Vietnam RegTech Market by Component
13.4.11.2 Vietnam RegTech Market By Enterprise Size
13.4.11.3 Vietnam RegTech Market By Application
13.4.11.4 Vietnam RegTech Market By Deployment Type
13.4.11.5 Vietnam RegTech Market By Vertical
13.4.12 Singapore
13.4.12.1 Singapore RegTech Market by Component
13.4.12.2 Singapore RegTech Market By Enterprise Size
13.4.12.3 Singapore RegTech Market By Application
13.4.12.4 Singapore RegTech Market By Deployment Type
13.4.12.5 Singapore RegTech Market By Vertical
13.4.13 Australia
13.4.13.1 Australia RegTech Market by Component
13.4.13.2 Australia RegTech Market By Enterprise Size
13.4.13.3 Australia RegTech Market By Application
13.4.13.4 Australia RegTech Market By Deployment Type
13.4.13.5 Australia RegTech Market By Vertical
13.4.14 Rest of Asia-Pacific
13.4.14.1 APAC RegTech Market By component
13.4.14.2 APAC RegTech Market By Enterprise Size
13.4.14.3 APAC RegTech Market By Application
13.4.14.4 APAC RegTech Market By Deployment Type
13.4.14.5 APAC RegTech Market By Vertical
13.5 The Middle East & Africa
13.5.1 Middle East
13.5.1.1 Middle East RegTech Market by Country
13.5.1.2 Middle East RegTech Market by Component
13.5.1.3 Middle East RegTech Market By Enterprise Size
13.5.1.4 Middle East RegTech Market By Application
13.5.1.5 Middle East RegTech Market By Deployment Type
13.5.1.6 Middle East RegTech Market By Vertical
13.5.1.7 UAE
13.5.1.7.1 UAE RegTech Market By component
13.5.1.7.2 UAE RegTech Market By Enterprise Size
13.5.1.7.3 UAE RegTech Market By Application
13.5.1.7.4 UAE RegTech Market By Deployment Type
13.5.1.7.5 UAE RegTech Market By Vertical
13.5.1.8 Egypt
13.5.1.8.1 Egypt RegTech Market by Component
13.5.1.8.2 Egypt RegTech Market By Enterprise Size
13.5.1.8.3 Egypt RegTech Market By Application
13.5.1.8.4 Egypt RegTech Market By Deployment Type
13.5.1.8.5 Egypt RegTech Market By Vertical
13.5.1.9 Saudi Arabia
13.5.1.9.1 Saudi Arabia RegTech Market by Component
13.5.1.9.2 Saudi Arabia RegTech Market By Enterprise Size
13.5.1.9.3 Saudi Arabia RegTech Market By Application
13.5.1.9.4 Saudi Arabia RegTech Market By Deployment Type
13.5.1.9.5 Saudi Arabia RegTech Market By Vertical
13.5.1.10 Qatar
13.5.1.10.1 Qatar RegTech Market by Component
13.5.1.10.2 Qatar RegTech Market By Enterprise Size
13.5.1.10.3 Qatar RegTech Market By Application
13.5.1.10.4 Qatar RegTech Market By Deployment Type
13.5.1.10.5 Qatar RegTech Market By Vertical
13.5.1.11 Rest of Middle East
13.5.1.11.1 Rest of Middle East RegTech Market by Component
13.5.1.11.2 Rest of Middle East RegTech Market By Enterprise Size
13.5.1.11.3 Rest of Middle East RegTech Market By Application
13.5.1.11.4 Rest of Middle East RegTech Market By Deployment Type
13.5.1.11.5 Rest of Middle East RegTech Market By Vertical
13.5.2 Africa
13.5.2.1 Africa RegTech Market By Country
13.5.2.2 Africa RegTech Market by Component
13.5.2.3 Africa RegTech Market By Enterprise Size
13.5.2.4 Africa RegTech Market By Application
13.5.2.5 Africa RegTech Market By Deployment Type
13.5.2.6 Africa RegTech Market By Vertical
13.5.2.7 Nigeria
13.5.2.7.1 Nigeria RegTech Market by Component
13.5.2.7.2 Nigeria RegTech Market By Enterprise Size
13.5.2.7.3 Nigeria RegTech Market By Application
13.5.2.7.4 Nigeria RegTech Market By Deployment Type
13.5.2.7.5 Nigeria RegTech Market By Vertical
13.5.2.8 South Africa
13.5.2.8.1 South Africa RegTech Market by Component
13.5.2.8.2 South Africa RegTech Market By Enterprise Size
13.5.2.8.3 South Africa RegTech Market By Application
13.5.2.8.4 South Africa RegTech Market By Deployment Type
13.5.2.8.5 South Africa RegTech Market By Vertical
13.5.2.9 Rest of Africa
13.5.2.9.1 Rest of Africa RegTech Market by Component
13.5.2.9.2 Rest of Africa RegTech Market By Enterprise Size
13.5.2.9.3 Rest of Africa RegTech Market By Application
13.5.2.9.4 Rest of Africa RegTech Market By Deployment Type
13.5.2.9.5 Rest of Africa RegTech Market By Vertical
13.6 Latin America
13.6.1 Latin America RegTech Market By Country
13.6.2 Latin America RegTech Market by Component
13.6.3 Latin America RegTech Market By Enterprise Size
13.6.4 Latin America RegTech Market By Application
13.6.5 Latin America RegTech Market By Deployment Type
13.6.6 Latin America RegTech Market By Vertical
13.6.7 Brazil
13.6.7.1 Brazil RegTech Market by Component
13.6.7.2 Brazil RegTech Market By Enterprise Size
13.6.7.3 Brazil RegTech Market By Application
13.6.7.4 Brazil RegTech Market By Deployment Type
13.6.7.5 Brazil RegTech Market By Vertical
13.6.8 Argentina
13.6.8.1 Argentina RegTech Market by Component
13.6.8.2 Argentina RegTech Market By Enterprise Size
13.6.8.3 Argentina RegTech Market By Application
13.6.8.4 Argentina RegTech Market By Deployment Type
13.6.8.5 Argentina RegTech Market By Vertical
13.6.9 Colombia
13.6.9.1 Colombia RegTech Market by Component
13.6.9.2 Colombia RegTech Market By Enterprise Size
13.6.9.3 Colombia RegTech Market By Application
13.6.9.4 Colombia RegTech Market By Deployment Type
13.6.9.5 Colombia RegTech Market By Vertical
13.6.10 Rest of Latin America
13.6.10.1 Rest of Latin America RegTech Market by Component
13.6.10.2 Rest of Latin America RegTech Market By Enterprise Size
13.6.10.3 Rest of Latin America RegTech Market By Application
13.6.10.4 Rest of Latin America RegTech Market By Deployment Type
13.6.10.5 Rest of Latin America RegTech Market By Vertical
14 Company Profile
14.1 IVXS UK Limited
14.1.1 Company Overview
14.1.2 Financials
14.1.3 Product/Services/Offerings
14.1.4 SWOT Analysis
14.1.5 The SNS View
14.2 Ascent Technologies Inc.
14.2.1 Company Overview
14.2.2 Financials
14.2.3 Product/Services/Offerings
14.2.4 SWOT Analysis
14.2.5 The SNS View
14.3 Fenergo.
14.3.1 Company Overview
14.3.2 Financials
14.3.3 Product/Services/Offerings
14.3.4 SWOT Analysis
14.3.5 The SNS View
14.4 ACTICO GmbH.
14.4.1 Company Overview
14.4.2 Financials
14.4.3 Product/Services/Offerings
14.4.4 SWOT Analysis
14.4.5 The SNS View
14.5 Chainalysis Inc.
14.5.1 Company Overview
14.5.2 Financials
14.5.3 Product/Services/Offerings
14.5.4 SWOT Analysis
14.5.5 The SNS View
14.6 IdentityMind.
14.6.1 Company Overview
14.6.2 Financials
14.6.3 Product/Services/Offerings
14.6.4 SWOT Analysis
14.6.5 The SNS View
14.7 Broadridge Financial Solutions, Inc.
14.7.1 Company Overview
14.7.2 Financials
14.7.3 Product/Services/Offerings
14.7.4 SWOT Analysis
14.7.5 The SNS View
14.8 Deloitte Touche Tohmatsu Limited.
14.8.1 Company Overview
14.8.2 Financials
14.8.3 Product/Services/Offerings
14.8.4 SWOT Analysis
14.8.5 The SNS View
14.9 London Stock Exchange Group plc.
14.9.1 Company Overview
14.9.2 Financials
14.9.3 Product/Services/Offerings
14.9.4 SWOT Analysis
14.9.5 The SNS View
14.10 Ayasdi AI LLC.
14.10.1 Company Overview
14.10.2 Financials
14.10.3 Product/Services/Offerings
14.10.4 SWOT Analysis
14.10.5 The SNS View
15. Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share Analysis
15.3 Recent Developments
15.3.1 Industry News
15.3.2 Company News
15.3.3 Mergers & Acquisitions
16. USE Cases and Best Practices
17. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The MLOps Market size was USD 1.18 billion in 2022 and is expected to Reach USD 17.4 billion by 2030 and grow at a CAGR of 40 % over the forecast period of 2023-2030.
The Network Slicing Market size was USD 0.4 billion in 2022 and is expected to Reach USD 11.2 billion by 2030 and grow at a CAGR of 51.7 % over the forecast period of 2023-2030.
Cellular M2M Market Size was valued at USD 14.38 Billion in 2023 and is expected to reach USD 66.52 Billion by 2031 and grow at a CAGR of 21.03 % over the forecast period 2024-2031.
The DDoS Protection and Mitigation Market size was USD 4.0 billion in 2022 and is expected to Reach USD 10.8 billion by 2030 and grow at a CAGR of 13.3 % over the forecast period of 2023-2030.
The Gigabit Passive Optical Networks (GPON) Market size was valued at USD 7.14 Bn in 2022 and is expected to reach USD 11.56 Bn by 2030, and grow at a CAGR of 6.2% over the forecast period 2023-2030.
The Edge Data Center Market Size was valued at USD USD 9.1 billion in 2022 and is estimated to reach USD 34.88 billion in 2030 with a growing CAGR of 18.29% Over the Forecast Period of 2023-2030.
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