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RegTech market 2022-2026: A descriptive analysis of five forces model, market dynamics, and segmentation

NEW YORK, Jan. 30, 2023 /PRNewswire/ — According to Technavio, the global RegTech market size is estimated to grow by USD 11.68 billion from 2021 to 2026. The market is estimated to grow at a CAGR of 20.42% during the forecast period. Moreover, the growth momentum will accelerate. North America will account for 32% of the market’s growth during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. To know more, buy the report!

Technavio has announced its latest market research report titled Global RegTech Market

Technavio has announced its latest market research report titled Global RegTech Market

Global RegTech market – Five forces
The global RegTech market is fragmented, and the five forces analysis covers–

  • Bargaining power of buyers

  • The threat of new entrants

  • Threat of rivalry

  • Bargaining power of suppliers

  • Threat of substitutes

  • For interpretation of Porter’s five forces model –  Request a sample report

Global RegTech market – Customer landscape 

The report includes the market’s adoption lifecycle, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global RegTech market – Segmentation assessment

Segment overview
Technavio has segmented the market based on end-user (large enterprises and small and medium enterprises).

  • The large enterprises segment will account for a significant share of the market’s growth during the forecast period. The adoption of RegTech solutions in large enterprises will be driven by the increasing demand for complex regulatory reporting and risk management, identity management and control, compliance management, and transaction monitoring requirements. The implementation of RegTech is more profitable and efficient than the manual management of complex regulatory and compliance processes. These factors will drive the growth of this segment during the forecast period.

Geography overview
Based on geography, the global RegTech market is segmented into North America, Europe, APAC, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global RegTech market.

  • North America will account for 32% of the market’s growth during the forecast period. The US is a key country for the RegTech market in the region. The growth of the market in North America will be driven by factors such as the extensive presence of large financial institutions. The region is home to many global investment banks, such as Goldman Sachs and Co. LLC and JP Morgan and Co. (JP Morgan). Moreover, the BFSI sector of North America is one of the largest globally. This is estimated to offer high growth opportunities for the RegTech market in the region during the forecast period.

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Global RegTech marketMarket dynamics
Key factor driving market growth

  • The growing demand for identifying financial crimes within financial organizations, owing to increasing fraud, electronic crimes, money laundering, terrorist financing, bribery and corruption, and insider dealing, is driving the growth of the market.

  • Financial organizations deal with a large volume of data on a daily basis.

  • RegTech is used for real-time fraud detection and prevention. It enables financial organizations to identify financial crimes in an automated and cost-effective manner.

  • RegTech uses analytics and cognitive capabilities to analyze financial transactions and provides timely alerts on any potential fraud or illegal transaction.

  • RegTech also provides end-users with intelligent process automation to increase the speed of routine tasks and minimize human intervention.

  • These factors will fuel the growth of the market during the forecast period.

Leading trends influencing the market 

  • The integration of AI with RegTech is a key trend in the market.

  • The adoption of AI improves the identification of patterns and similarities even in unrelated sets of data, which is crucial for delivering insights from these data sets.

  • AI can process multiple data sets, which include behavior patterns within heterogeneous data sources, such as data gathered from social media and stock market prices.

  • The combination of AI with RegTech is expected to help end-users with complex pattern matching across data sets and the detection of data anomalies.

  • Therefore, the application of AI is increasing in RegTech, which will support the market during the forecast period.

Major challenges hindering the market growth

  • The lack of a skilled workforce with adequate financial and technical knowledge to work on advanced technological platforms in the BFSI sector will challenge the market growth during the forecast period.

  • Training the workforce on advanced technologies such as blockchain or cybersecurity can be very expensive and time-consuming.

  • Banks and other financial institutions are competing with technology companies to hire the best IT workforce and train them on financial regulations and compliance standards.

  • Therefore, talent management has been the main hindrance for the BFSI sector.

  • These factors will impede the market growth during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this RegTech market report?

  • CAGR of the market during the forecast period

  • Detailed information on factors that will drive the growth of the RegTech market between 2022 and 2026

  • Precise estimation of the size of the RegTech market and its contribution to the parent market

  • Accurate predictions about upcoming trends and changes in consumer behavior

  • Growth of the RegTech market across North America, Europe, APAC, Middle East and Africa, and South America

  • A thorough analysis of the market’s competitive landscape and detailed information about vendors

  • Comprehensive analysis of factors that will challenge the growth of RegTech market vendors

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Related Reports:

The medical, legal, and regulatory (MLR) review software market size is expected to increase by USD 8.86 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 11.38%. This report extensively covers the market segmentation by deployment (cloud-based and on-premise) and geography (North America, APAC, Europe, the Middle East and Africa, and South America).

The regulatory affairs outsourcing market size is expected to increase by USD 4.63 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 12.15%. This report extensively covers regulatory affairs outsourcing market segmentation by end-user (pharmaceutical, medical device, and biotechnology) and geography (APAC, North America, Europe, and ROW).

RegTech Market Scope

Report Coverage


Page number


Base year


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 20.42%

Market growth 2022-2026

USD 11.68 billion

Market structure


YoY growth 2021-2022 (%)


Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 32%

Key countries

US, China, India, UK, and France

Competitive landscape

Leading vendors, market positioning of vendors, competitive strategies, and industry risks

Key companies profiled

ACTICO GmbH, Acuant Inc., Ascent Technologies Inc., Ayasdi AI LLC, Compliance Solutions Strategies, ComplyAdvantage, Deloitte Touche Tohmatsu Ltd., Hummingbird RegTech Inc., International Business Machines Corp., Mitratech Holdings Inc., NICE Ltd., RIMES Technologies Corp., SAS Institute Inc., Thomson Reuters Corp., Trulioo Information Services Inc., and VERMEG Ltd Legal

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio’s information technology market reports

Table of contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by End-user

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200

Global RegTech Market

Global RegTech Market



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