[Market Report] Global RegTech Market
The global regtech market is expected to revolutionize regulatory compliance and reach 56.3 billion USD by 2031.
The global RegTech market is undergoing significant transformation, with the regulatory compliance landscape across the industry being restructured. According to recent market reports, the global RegTech market achieved approximately $9 billion in revenue in 2022 and is projected to surge to $56.3 billion by 2031. This remarkable growth trajectory is driven by strong compound annual growth. The growth rate (CAGR) for the period from 2023 to 2031 is forecasted to be 22.6%. RegTech, short for Regulatory Technology, represents a digitized approach to regulating various industries, including manufacturing, BFSI (banking, financial services, insurance), and healthcare. The need for enhanced governance and oversight is being driven by the rapid pace of digital transformation and the extensive adoption of cutting-edge technologies such as cloud computing, artificial intelligence, and the Internet of Things (IoT). You can check the application method by clicking the [PDF Download] button or apply directly through the related links.
- Company:Panorama Data Insights Ltd.
- Price:Other