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Asia Pacific RegTech Market Size, Share & Trends Analysis Report By Component (Solution, and Services (Professional, and Managed)), By Application, By Organization Size, By Deployment Mode, By Vertical, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 199 Pages
  • June 2024
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5590384
The Asia Pacific RegTech Market is projected to witness market growth of 22.0% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific RegTech Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $4.23 billion by 2031. The Japan market is registering a CAGR of 20.9% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 22.8% during (2024 - 2031).



The broader digital transformation trend is not limited to individual industries but extends across the entire business ecosystem. As organizations embrace digital technologies, the data generated increases exponentially, creating opportunities and challenges for compliance management. RegTech solutions address these challenges by providing advanced data analytics, automated reporting, and real-time monitoring capabilities, enabling businesses to manage compliance efficiently and effectively.

The financial services industry has been at the forefront of RegTech adoption, driven by the sector's inherently complex and dynamic regulatory environment. Robust compliance frameworks are necessary to manage risks and protect consumer interests, as insurance companies, banks, and investment firms are constantly monitored by regulatory bodies. RegTech solutions have proven instrumental in helping these institutions meet regulatory requirements more efficiently and cost-effectively.

The Philippines has a burgeoning Fintech sector offering innovative financial products and services. RegTech solutions can help these Fintech companies navigate complex regulations surrounding payments, lending, and crowdfunding, ensuring they operate within regulatory boundaries. Additionally, the Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, places a high priority on financial inclusion initiatives in order to increase the number of Filipinos who are enrolled in the formal financial sector. Additionally, many countries in the rest of Asia, like Mongolia and Cambodia, actively promote financial inclusion initiatives. Cloud-based RegTech solutions (RaaS) can offer cost-effective compliance tools for smaller financial institutions, enabling them to reach underserved populations. Cybersecurity threats are a growing concern across the Asia-Pacific region. RegTech solutions with advanced analytics and security features can help financial institutions in these countries mitigate cyber risks and protect sensitive customer data. Hence, the region will present lucrative growth opportunities for the market.

List of Key Companies Profiled

  • ACTICO GmbH
  • Jumio Corporation
  • MetricStream, Inc.
  • NICE Ltd.
  • Thomson Reuters Corporation (The Woodbridge Company)
  • Wolters Kluwer N.V.
  • IBM Corporation
  • Deloitte Touche Tohmatsu Limited
  • Broadridge Financial Solutions Inc.
  • Trulioo, Inc.

Market Report Segmentation

By Component
  • Solution
  • Services
  • Professional
  • Managed
By Application
  • Risk & Compliance Management
  • AML & Fraud Management
  • Identity Management
  • Regulatory Reporting
  • Regulatory Intelligence
By Organization Size
  • Large Enterprises
  • Small & Medium Enterprises (SMEs)
By Deployment Mode
  • Cloud
  • On-premise
By Vertical
  • Banking & Capital Markets
  • Insurance
  • Non-Financial
By Country
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Thailand
  • Vietnam
  • Indonesia
  • Philippines
  • Australia
  • New Zealand
  • Rest of Asia Pacific

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific RegTech Market, by Component
1.4.2 Asia Pacific RegTech Market, by Application
1.4.3 Asia Pacific RegTech Market, by Organization Size
1.4.4 Asia Pacific RegTech Market, by Deployment Mode
1.4.5 Asia Pacific RegTech Market, by Vertical
1.4.6 Asia Pacific RegTech Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2024)
4.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, May- 2023, Nov) Leading Players
4.4 Porter Five Forces Analysis
Chapter 5. Asia Pacific RegTech Market by Component
5.1 Asia Pacific Solution Market by Country
5.2 Asia Pacific Services Market by Country
5.3 Asia Pacific RegTech Market by Services Type
5.3.1 Asia Pacific Professional Market by Country
5.3.2 Asia Pacific Managed Market by Country
Chapter 6. Asia Pacific RegTech Market by Application
6.1 Asia Pacific Risk & Compliance Management Market by Country
6.2 Asia Pacific AML & Fraud Management Market by Country
6.3 Asia Pacific Identity Management Market by Country
6.4 Asia Pacific Regulatory Reporting Market by Country
6.5 Asia Pacific Regulatory Intelligence Market by Country
Chapter 7. Asia Pacific RegTech Market by Organization Size
7.1 Asia Pacific Large Enterprises Market by Country
7.2 Asia Pacific Small & Medium Enterprises (SMEs) Market by Country
Chapter 8. Asia Pacific RegTech Market by Deployment Mode
8.1 Asia Pacific Cloud Market by Country
8.2 Asia Pacific On-premise Market by Country
Chapter 9. Asia Pacific RegTech Market by Vertical
9.1 Asia Pacific Banking & Capital Markets Market by Country
9.2 Asia Pacific Insurance Market by Country
9.3 Asia Pacific Non-Financial Market by Country
Chapter 10. Asia Pacific RegTech Market by Country
10.1 China RegTech Market
10.1.1 China RegTech Market by Component
10.1.1.1 China RegTech Market by Services Type
10.1.2 China RegTech Market by Application
10.1.3 China RegTech Market by Organization Size
10.1.4 China RegTech Market by Deployment Mode
10.1.5 China RegTech Market by Vertical
10.2 Japan RegTech Market
10.2.1 Japan RegTech Market by Component
10.2.1.1 Japan RegTech Market by Services Type
10.2.2 Japan RegTech Market by Application
10.2.3 Japan RegTech Market by Organization Size
10.2.4 Japan RegTech Market by Deployment Mode
10.2.5 Japan RegTech Market by Vertical
10.3 India RegTech Market
10.3.1 India RegTech Market by Component
10.3.1.1 India RegTech Market by Services Type
10.3.2 India RegTech Market by Application
10.3.3 India RegTech Market by Organization Size
10.3.4 India RegTech Market by Deployment Mode
10.3.5 India RegTech Market by Vertical
10.4 South Korea RegTech Market
10.4.1 South Korea RegTech Market by Component
10.4.1.1 South Korea RegTech Market by Services Type
10.4.2 South Korea RegTech Market by Application
10.4.3 South Korea RegTech Market by Organization Size
10.4.4 South Korea RegTech Market by Deployment Mode
10.4.5 South Korea RegTech Market by Vertical
10.5 Singapore RegTech Market
10.5.1 Singapore RegTech Market by Component
10.5.1.1 Singapore RegTech Market by Services Type
10.5.2 Singapore RegTech Market by Application
10.5.3 Singapore RegTech Market by Organization Size
10.5.4 Singapore RegTech Market by Deployment Mode
10.5.5 Singapore RegTech Market by Vertical
10.6 Malaysia RegTech Market
10.6.1 Malaysia RegTech Market by Component
10.6.1.1 Malaysia RegTech Market by Services Type
10.6.2 Malaysia RegTech Market by Application
10.6.3 Malaysia RegTech Market by Organization Size
10.6.4 Malaysia RegTech Market by Deployment Mode
10.6.5 Malaysia RegTech Market by Vertical
10.7 Thailand RegTech Market
10.7.1 Thailand RegTech Market by Component
10.7.1.1 Thailand RegTech Market by Services Type
10.7.2 Thailand RegTech Market by Application
10.7.3 Thailand RegTech Market by Organization Size
10.7.4 Thailand RegTech Market by Deployment Mode
10.7.5 Thailand RegTech Market by Vertical
10.8 Vietnam RegTech Market
10.8.1 Vietnam RegTech Market by Component
10.8.1.1 Vietnam RegTech Market by Services Type
10.8.2 Vietnam RegTech Market by Application
10.8.3 Vietnam RegTech Market by Organization Size
10.8.4 Vietnam RegTech Market by Deployment Mode
10.8.5 Vietnam RegTech Market by Vertical
10.9 Indonesia RegTech Market
10.9.1 Indonesia RegTech Market by Component
10.9.1.1 Indonesia RegTech Market by Services Type
10.9.2 Indonesia RegTech Market by Application
10.9.3 Indonesia RegTech Market by Organization Size
10.9.4 Indonesia RegTech Market by Deployment Mode
10.9.5 Indonesia RegTech Market by Vertical
10.1 Philippines RegTech Market
10.10.1 Philippines RegTech Market by Component
10.10.1.1 Philippines RegTech Market by Services Type
10.10.2 Philippines RegTech Market by Application
10.10.3 Philippines RegTech Market by Organization Size
10.10.4 Philippines RegTech Market by Deployment Mode
10.10.5 Philippines RegTech Market by Vertical
10.11 Australia RegTech Market
10.11.1 Australia RegTech Market by Component
10.11.1.1 Australia RegTech Market by Services Type
10.11.2 Australia RegTech Market by Application
10.11.3 Australia RegTech Market by Organization Size
10.11.4 Australia RegTech Market by Deployment Mode
10.11.5 Australia RegTech Market by Vertical
10.12 New Zealand RegTech Market
10.12.1 New Zealand RegTech Market by Component
10.12.1.1 New Zealand RegTech Market by Services Type
10.12.2 New Zealand RegTech Market by Application
10.12.3 New Zealand RegTech Market by Organization Size
10.12.4 New Zealand RegTech Market by Deployment Mode
10.12.5 New Zealand RegTech Market by Vertical
10.13 Rest of Asia Pacific RegTech Market
10.13.1 Rest of Asia Pacific RegTech Market by Component
10.13.1.1 Rest of Asia Pacific RegTech Market by Services Type
10.13.2 Rest of Asia Pacific RegTech Market by Application
10.13.3 Rest of Asia Pacific RegTech Market by Organization Size
10.13.4 Rest of Asia Pacific RegTech Market by Deployment Mode
10.13.5 Rest of Asia Pacific RegTech Market by Vertical
Chapter 11. Company Profiles
11.1 ACTICO GmbH
11.1.1 Company Overview
11.1.2 SWOT Analysis
11.2 Jumio Corporation
11.2.1 Company Overview
11.2.2 Recent strategies and developments:
11.2.2.1 Partnerships, Collaborations, and Agreements:
11.2.2.2 Acquisition and Mergers:
11.2.3 SWOT Analysis
11.3 MetricStream, Inc.
11.3.1 Company Overview
11.3.2 Recent strategies and developments:
11.3.2.1 Partnerships, Collaborations, and Agreements:
11.3.2.2 Product Launches and Products Expansion:
11.3.3 SWOT Analysis
11.4 NICE Ltd.
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental and Regional Analysis
11.4.4 Research & Development Expenses
11.4.5 Recent strategies and developments:
11.4.5.1 Partnerships, Collaborations, and Agreements:
11.4.5.2 Product Launches and Product Expansions:
11.4.6 SWOT Analysis
11.5 Thomson Reuters Corporation (The Woodbridge Company)
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Segmental and Regional Analysis
11.5.4 SWOT Analysis
11.6 Wolters Kluwer N.V.
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Segmental Analysis
11.6.4 Recent strategies and developments:
11.6.4.1 Product Launches and Product Expansions:
11.6.5 SWOT Analysis
11.7 IBM Corporation
11.7.1 Company Overview
11.7.2 Financial Analysis
11.7.3 Regional & Segmental Analysis
11.7.4 Research & Development Expenses
11.7.5 Recent strategies and developments:
11.7.5.1 Partnerships, Collaborations, and Agreements:
11.7.6 SWOT Analysis
11.8 Deloitte Touche Tohmatsu Limited
11.8.1 Company Overview
11.8.2 Financial Analysis
11.8.3 Segmental and Regional Analysis
11.8.4 Recent strategies and developments:
11.8.4.1 Partnerships, Collaborations, and Agreements:
11.8.5 SWOT Analysis
11.9 Broadridge Financial Solutions, Inc.
11.9.1 Company Overview
11.9.2 Financial Analysis
11.9.3 Product and Regional Analysis
11.9.4 Recent strategies and developments:
11.9.4.1 Acquisition and Mergers:
11.9.5 SWOT Analysis
11.1 Trulioo, Inc.
11.10.1 Company Overview
11.10.2 Recent strategies and developments:
11.10.2.1 Partnerships, Collaborations, and Agreements:
11.10.2.2 Acquisition and Mergers:
11.10.3 SWOT Analysis

Companies Mentioned

  • ACTICO GmbH
  • Jumio Corporation
  • MetricStream, Inc.
  • NICE Ltd.
  • Thomson Reuters Corporation (The Woodbridge Company)
  • Wolters Kluwer N.V.
  • IBM Corporation
  • Deloitte Touche Tohmatsu Limited
  • Broadridge Financial Solutions Inc.
  • Trulioo, Inc.

Methodology

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