AMA Research, a global market research and consulting organization, have released a new study titled "Regulatory Technology market - Global outlook to 2027".
Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Regulatory Technology market to grow at a CAGR of 21.12% to aggregate USD14.37 Billion by 2027.

The Organization Size, such as Small and Medium-sized Enterprises (SMEs), is boosting the Regulatory Technology market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

According to Analyst at AMA Research, the Global Regulatory Technology market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are “Increasing Need for Regulations in Financial Sector and Rising Instances of Money Laundering and Terrorist Funding”.
 

Recently, money laundering and terrorist funding have been increased across the globe. Thus, to limit these vulnerabilities adoption of regulatory technologies is pretty necessary. Moreover, growing digital financial transactions and fueling international trades will also significantly increase the demand over the forecasted period. Regulatory technology which is also known as ‘RegTech’ has escalated the applications of newly adopted services/technologies including Natural Language Processing (NLP), Big Data, Cloud Computing, Artificial Intelligence (AI), Machine Learning (ML) and many others. RegTech manages all the regulatory challenges within the financial industry as it solves regulations and compliances more efficiently and effectively.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Regulatory Technology market , by Application (Compliance & Risk Management, Identity Management, Regulatory Reporting, Fraud Management, Regulatory Intelligence and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key trends (current and future) of the market