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Europe RegTech Business and Investment Opportunities Databook - 50+ KPIs on RegTech Market Size, By Industry, By Technology, By Type of Product, By Deployment, By Product Offering, Market Share - Q3 2024 Update

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    Report

  • 2478 Pages
  • October 2024
  • Region: Europe
  • PayNXT360
  • ID: 6008739
The regtech industry in Europe is expected to grow by 23.0% on annual basis to reach US$4.59 billion in 2024.

The regtech industry is expected to grow steadily over the forecast period, recording a CAGR of 15.3% during 2024-2029. The regtech in the country will increase from US$3.73 billion in 2023 to reach US$9.38 billion by 2029.

This report provides a detailed data centric analysis of regtech industry, covering market opportunities and risks. With over 50+ KPIs at country level, this report provides a comprehensive understanding of regtech market dynamics, market size and forecast, and market share statistics.

The RegTech landscape in Europe is rapidly evolving, marked by increasing regulation complexity and a growing demand for innovative compliance solutions. As financial institutions seek to navigate this challenging environment, collaboration between regulators and technology providers will be essential.

By addressing existing challenges, such as regulatory fragmentation and integration issues, Europe can capitalize on emerging opportunities for growth in the RegTech sector. The continuing teamwork between governments, banks, and tech companies will be important in creating a strong system that follows the rules and helps more people access financial services in Africa.

Trends in RegTech

RegTech in Europe is evolving rapidly, driven by stringent regulatory requirements and technological advancements.

Key trends include:

1. Increased Automation: Banks and other financial companies use computer programs like artificial intelligence and machine learning to make following rules and regulations easier. This shift allows for real-time monitoring and proactive risk management, reducing the reliance on traditional manual compliance methods.

2. Regulatory Sandboxes: Countries like France have established regulatory sandboxes to foster innovation in RegTech. These environments allow startups to test their solutions under regulatory oversight, promoting the development of new technologies while ensuring compliance with existing laws.

3. Focus on Data Privacy and Security: With regulations like GDPR in place, RegTech solutions are increasingly focused on enhancing data protection and privacy measures. Companies are investing in tools that facilitate compliance with these regulations, safeguarding consumer data.

An example of this trend is ComplyAdvantage, a London-based RegTech firm that uses AI to provide real-time insights into risk and compliance, helping businesses navigate complex regulatory landscapes effectively. This illustrates how RegTech addresses current challenges and drives innovation across Europe's financial sector.

Recent Launches with Example

  • In the past year, several innovative RegTech solutions have emerged in Europe. A prominent example is ComplyAdvantage, which launched an advanced AI-driven platform for real-time transaction monitoring and risk assessment. This platform provides financial institutions with enhanced capabilities to detect suspicious activities and more effectively comply with anti-money laundering regulations.
  • ComplyAdvantage aims to reduce businesses' compliance burden by automating these processes while increasing the accuracy of risk assessments.

Partnerships and Collaborations

  • Strategic partnerships are crucial for driving RegTech innovation in Europe. The European Banking Authority (EBA) and various RegTech firms collaborate significantly through its regulatory sandbox initiative. This sandbox allows selected companies to pilot their solutions under regulatory supervision, facilitating early engagement with regulators and fostering trust.
  • Another noteworthy partnership involves Engage Hub, which recently joined forces with The RegTech Association to promote best practices in compliance technology. This partnership aims to improve the use of technology in regulating financial services across Europe by creating a place for people in the industry to share knowledge.
The publisher’s research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view on emerging business and investment market opportunities.

Scope

Country reports in this bundled offering provide in-depth analysis of RegTech. Below is a summary of key market segments offered at country level.

Regulatory Compliance Spending

Regulatory Compliance Spending By Industry

  • Banking and Financial Services
  • Insurance
  • Healthcare
  • Telecommunications
  • Retail
  • Transportation and Logistics
  • Real Estate
  • Government and Public Sector
  • Other Industries

RegTech Spending

RegTech Companies Market Share

By Type of Products

  • Identity Verification Solutions
  • Compliance Management Platforms
  • Automated Reporting Tools
  • Transaction Monitoring Systems
  • Risk Assessment Tools
  • Fraud Detection Systems
  • Data Protection Technologies
  • Training and E-Learning Platforms
  • Regulatory Intelligence Tools
  • Workflow Automation Solutions
  • Other Products

By Industry

  • Banking and Financial Services
  • Insurance
  • Healthcare
  • Telecommunications
  • Retail
  • Transportation and Logistics
  • Real Estate
  • Government and Public Sector
  • Other Industries

By Technology

  • Artificial Intelligence (AI)
  • Big Data Analytics
  • Robotic Process Automation (RPA)
  • Blockchain Technology
  • Cloud Computing
  • API Integrations and Biometric Authentication
  • Data Encryption and Security Technologies
  • Data Visualization Tools
  • Other Technology

By Industry and Type of Products

Banking and Financial Services and Type of Products

  • Identity Verification Solutions
  • Compliance Management Platforms
  • Automated Reporting Tools
  • Transaction Monitoring Systems
  • Risk Assessment Tools
  • Fraud Detection Systems
  • Regulatory Intelligence Tools
  • Workflow Automation Solutions
  • Data Protection Technologies
  • Other Products

Insurance and Type of Products

  • Identity Verification Solutions
  • Compliance Management Platforms
  • Automated Reporting Tools
  • Transaction Monitoring Systems
  • Risk Assessment Tools
  • Fraud Detection Systems
  • Data Protection Technologies
  • Other Products

Healthcare and Type of Products

  • Compliance Management Platforms
  • Data Protection Technologies
  • Training and E-Learning Platforms
  • Other Products

Telecommunications and Type of Products

  • Compliance Management Platforms
  • Data Protection Technologies
  • Other Products

Retail and Type of Products

  • Fraud Detection Systems
  • Data Protection Technologies
  • Other Products

Transportation and Logistics and Type of Products

  • Transportation and Logistics Compliance Management Platforms
  • Risk Assessment Tools
  • Other Products

Real Estate and Type of Products

  • Compliance Management Platforms
  • Workflow Automation Solutions
  • Other Products

Government and Public Sector and Type of Products

  • Compliance Management Platforms
  • Regulatory Intelligence Tools
  • Other Products

Technology and Type of Products

Artificial Intelligence (AI) Technology and Type of Products

  • Identity Verification Solutions
  • Fraud Detection Systems
  • Risk Assessment Tools
  • Regulatory Intelligence Tools
  • Other Products

Big Data Analytics Technology and Type of Products

  • Compliance Management Platforms
  • Automated Reporting Tools
  • Transaction Monitoring Systems
  • Other Products

Robotic Process Automation (RPA) Technology and Type of Products

  • Compliance Management Platforms
  • Workflow Automation Solutions
  • Other Products

Blockchain Technology and Type of Products

  • Identity Verification Solutions
  • Automated Reporting Tools
  • Other Products

Cloud Computing Technology and Type of Products

  • Compliance Management Platforms
  • Automated Reporting Tools
  • Other Products

API Integrations and Biometric Authentication and Type of Products

  • Identity Verification Solutions
  • Automated Reporting Tools
  • Other Products

Data Encryption and Security Technologies and Type of Products

  • Protection Technologies
  • Fraud Detection Systems
  • Other Products

Data Visualization Tools and Type of Products

  • Regulatory Intelligence Tools
  • Regulatory Reporting
  • Automated Reporting Tools
  • Other Products

By Deployment

  • Service Model
  • On-premise Model
  • Hybrid Model

By Product Offering

  • Service
  • Solution

By Company Size

  • Small Company
  • Medium Company
  • Large Company

Reasons to buy

  • Gain comprehensive Market Insights: Access detailed analyses of RegTech spending across various industries, including banking, healthcare, and retail. This understanding will enable you to allocate budgets effectively and prioritize investments based on market demand.
  • Product and Technology Breakdown: Explore various RegTech products, such as identity verification solutions, compliance management platforms, and fraud detection systems. Insights into the adoption of technologies like AI, blockchain, and RPA will inform your product development and integration strategies.
  • Industry-Specific Applications: Gain tailored insights on how different sectors implement RegTech solutions. By examining industry-specific needs, you can better align your offerings to meet regulatory requirements and enhance operational efficiency.
  • Market Share and Competitive Analysis: Understand the competitive landscape through in-depth market share analysis among RegTech companies. This information will assist in identifying potential partnerships and benchmarking your organization against key market players.
  • Deployment Models and Compliance Focus: Review various deployment options, including on-premise, hybrid, and service models, to determine the best fit for your organization. Additionally, grasp the regulatory landscape to ensure compliance management strategies are both proactive and effective.

Table of Contents

1 About this Report
1.1 Summary
1.2 Methodology
1.3 RegTech Definitions
1.4 Disclaimer
2 Regulatory Compliance Spending Market Size and Future Growth Dynamics, 2020-2029
3 Regulatory Compliance Spending Market Size and Forecast by Industry, 2020-2029
3.1 Market Share Analysis by Industry, 2024
3.2 Regulatory Compliance by Banking and Financial Services - Spending Value Trend Analysis, 2020-2029
3.3 Regulatory Compliance by Insurance - Spending Value Trend Analysis, 2020-2029
3.4 Regulatory Compliance by Healthcare - Spending Value Trend Analysis, 2020-2029
3.5 Regulatory Compliance by Telecommunications - Spending Value Trend Analysis, 2020-2029
3.6 Regulatory Compliance by Energy and Utilities - Spending Value Trend Analysis, 2020-2029
3.7 Regulatory Compliance by Retail - Spending Value Trend Analysis, 2020-2029
3.8 Regulatory Compliance by Transportation and Logistics - Spending Value Trend Analysis, 2020-2029
3.9 Regulatory Compliance by Real Estate - Spending Value Trend Analysis, 2020-2029
3.10 Regulatory Compliance by Government and Public Sector - Spending Value Trend Analysis, 2020-2029
3.11 Regulatory Compliance by Other Industries - Spending Value Trend Analysis, 2020-2029
4 RegTech Spending Market Size and Future Growth Dynamics, 2020-2029
5 RegTech Spending by Type of Products
5.1 Market Share Analysis by Type of Products, 2024
5.2 RegTech by Identity Verification Solutions - Spending Value Trend Analysis, 2020-2029
5.3 RegTech by Compliance Management Platforms - Spending Value Trend Analysis, 2020-2029
5.4 RegTech by Automated Reporting Tools - Spending Value Trend Analysis, 2020-2029
5.5 RegTech by Transaction Monitoring Systems - Spending Value Trend Analysis, 2020-2029
5.6 RegTech by Risk Assessment Tools - Spending Value Trend Analysis, 2020-2029
5.7 RegTech by Fraud Detection Systems - Spending Value Trend Analysis, 2020-2029
5.8 RegTech by Data Protection Technologies - Spending Value Trend Analysis, 2020-2029
5.9 RegTech by Training and E-Learning Platforms - Spending Value Trend Analysis, 2020-2029
5.10 RegTech by Regulatory Intelligence Tools - Spending Value Trend Analysis, 2020-2029
5.11 RegTech by Workflow Automation Solutions - Spending Value Trend Analysis, 2020-2029
5.12 RegTech by Other Products - Spending Value Trend Analysis, 2020-2029
6 RegTech Spending Market Size and Forecast by Industry, 2020-2029
6.1 RegTech Market Share Analysis by Industry, 2024
6.2 RegTech by Banking and Financial Services - Spending Value Trend Analysis, 2020-2029
6.3 RegTech by Insurance - Spending Value Trend Analysis, 2020-2029
6.4 RegTech by Healthcare - Spending Value Trend Analysis, 2020-2029
6.5 RegTech by Telecommunications - Spending Value Trend Analysis, 2020-2029
6.6 RegTech by Energy and Utilities - Spending Value Trend Analysis, 2020-2029
6.7 RegTech by Retail - Spending Value Trend Analysis, 2020-2029
6.8 RegTech by Transportation and Logistics - Spending Value Trend Analysis, 2020-2029
6.9 RegTech by Real Estate - Spending Value Trend Analysis, 2020-2029
6.10 RegTech by Government and Public Sector - Spending Value Trend Analysis, 2020-2029
6.11 RegTech by Other Industries - Spending Value Trend Analysis, 2020-2029
7 RegTech by Technology, 2020-2029
7.1 Market Share Analysis by Technology, 2024
7.2 RegTech by Artificial Intelligence (AI) - Spending Value Trend Analysis, 2020-2029
7.3 RegTech by Big Data Analytics - Spending Value Trend Analysis, 2020-2029
7.4 RegTech by Robotic Process Automation (RPA) - Spending Value Trend Analysis, 2020-2029
7.5 RegTech by Blockchain Technology - Spending Value Trend Analysis, 2020-2029
7.6 RegTech by Cloud Computing - Spending Value Trend Analysis, 2020-2029
7.7 RegTech by API Integrations and Biometric Authentication - Spending Value Trend Analysis, 2020-2029
7.8 RegTech by Data Encryption and Security Technologies - Spending Value Trend Analysis, 2020-2029
7.9 RegTech by Data Visualization Tools - Spending Value Trend Analysis, 2020-2029
7.10 RegTech by Other Technology - Spending Value Trend Analysis, 2020-2029
8 RegTech Banking and Financial Services by Type of Products, 2020-2029
8.1 RegTech Banking and Financial Services by Type of Products, 2020-2029
8.1.1 Market Share Analysis by Banking and Financial Services and Type of Products, 2024
8.1.2 RegTech by Identity Verification Solutions - Spending Value Trend Analysis, 2020-2029
8.1.3 RegTech by Compliance Management Platforms - Spending Value Trend Analysis, 2020-2029
8.1.4 RegTech by Automated Reporting Tools - Spending Value Trend Analysis, 2020-2029
8.1.5 RegTech by Transaction Monitoring Systems - Spending Value Trend Analysis, 2020-2029
8.1.6 RegTech by Risk Assessment Tools - Spending Value Trend Analysis, 2020-2029
8.1.7 RegTech by Fraud Detection Systems - Spending Value Trend Analysis, 2020-2029
8.1.8 RegTech by Regulatory Intelligence Tools - Spending Value Trend Analysis, 2020-2029
8.1.9 RegTech by Workflow Automation Solutions - Spending Value Trend Analysis, 2020-2029
8.1.10 RegTech by Data Protection Technologies - Spending Value Trend Analysis, 2020-2029
8.1.11 RegTech by Other Products - Spending Value Trend Analysis, 2020-2029
8.2 RegTech Insurance by Type of Products, 2020-2029
8.2.1 Market Share Analysis by Insurance and Type of Products, 2024
8.2.2 RegTech by Identity Verification Solutions - Spending Value Trend Analysis, 2020-2029
8.2.3 RegTech by Compliance Management Platforms - Spending Value Trend Analysis, 2020-2029
8.2.4 RegTech by Automated Reporting Tools - Spending Value Trend Analysis, 2020-2029
8.2.5 RegTech by Transaction Monitoring Systems - Spending Value Trend Analysis, 2020-2029
8.2.6 RegTech by Risk Assessment Tools - Spending Value Trend Analysis, 2020-2029
8.2.7 RegTech by Fraud Detection Systems - Spending Value Trend Analysis, 2020-2029
8.2.8 RegTech by Data Protection Technologies - Spending Value Trend Analysis, 2020-2029
8.2.9 RegTech by Other Products - Spending Value Trend Analysis, 2020-2029
8.3 RegTech Healthcare by Type of Products, 2020-2029
8.3.1 Market Share Analysis by Healthcare and Type of Products, 2024
8.3.2 RegTech by Compliance Management Platforms - Spending Value Trend Analysis, 2020-2029
8.3.3 RegTech by Data Protection Technologies - Spending Value Trend Analysis, 2020-2029
8.3.4 RegTech by Training and E-Learning Platforms - Spending Value Trend Analysis, 2020-2029
8.3.5 RegTech by Other Products - Spending Value Trend Analysis, 2020-2029
8.4 RegTech Telecommunications by Type of Products, 2020-2029
8.4.1 Market Share Analysis by Telecommunications and Type of Products, 2024
8.4.2 RegTech by Compliance Management Platforms - Spending Value Trend Analysis, 2020-2029
8.4.3 RegTech by Data Protection Technologies - Spending Value Trend Analysis, 2020-2029
8.4.4 RegTech by Other Products - Spending Value Trend Analysis, 2020-2029
8.5 RegTech Energy and Utilities by Type of Products, 2020-2029
8.5.1 Market Share Analysis by Energy and Utilities and Type of Products, 2024
8.5.2 RegTech by Compliance Management Platforms - Spending Value Trend Analysis, 2020-2029
8.5.3 RegTech by Risk Assessment Tools - Spending Value Trend Analysis, 2020-2029
8.5.4 RegTech by Other Products - Spending Value Trend Analysis, 2020-2029
8.6 RegTech Retail by Type of Products, 2020-2029
8.6.1 Market Share Analysis by Retail and Type of Products, 2024
8.6.2 RegTech by Fraud Detection Systems - Spending Value Trend Analysis, 2020-2029
8.6.3 RegTech by Data Protection Technologies - Spending Value Trend Analysis, 2020-2029
8.6.4 RegTech by Other Products - Spending Value Trend Analysis, 2020-2029
8.7 RegTech Transportation and Logistics by Type of Products, 2020-2029
8.7.1 Market Share Analysis by Transportation and Logistics and Type of Products, 2024
8.7.2 RegTech by Compliance Management Platforms - Spending Value Trend Analysis, 2020-2029
8.7.3 RegTech by Risk Assessment Tools - Spending Value Trend Analysis, 2020-2029
8.7.4 RegTech by Other Products - Spending Value Trend Analysis, 2020-2029
8.8 RegTech Real Estate by Type of Products, 2020-2029
8.8.1 Market Share Analysis by Real Estate and Type of Products, 2024
8.8.2 RegTech by Compliance Management Platforms - Spending Value Trend Analysis, 2020-2029
8.8.3 RegTech by Workflow Automation Solutions - Spending Value Trend Analysis, 2020-2029
8.8.4 RegTech by Other Products - Spending Value Trend Analysis, 2020-2029
8.9 RegTech Government and Public Sector by Type of Products, 2020-2029
8.9.1 Market Share Analysis by Government and Public Sector and Type of Products, 2024
8.9.2 RegTech by Compliance Management Platforms - Spending Value Trend Analysis, 2020-2029
8.9.3 RegTech by Regulatory Intelligence Tools - Spending Value Trend Analysis, 2020-2029
8.9.4 RegTech by Other Products - Spending Value Trend Analysis, 2020-2029
9 RegTech Technology by Type of Products, 2020-2029
9.1 RegTech Artificial Intelligence (AI) by Type of Products, 2020-2029
9.1.1 RegTech Artificial Intelligence (AI) Market Share Analysis by Type of Products, 2024
9.1.2 RegTech by Identity Verification Solutions - Spending Value Trend Analysis, 2020-2029
9.1.3 RegTech by Fraud Detection Systems - Spending Value Trend Analysis, 2020-2029
9.1.4 RegTech by Risk Assessment Tools - Spending Value Trend Analysis, 2020-2029
9.1.5 RegTech by Regulatory Intelligence Tools - Spending Value Trend Analysis, 2020-2029
9.1.6 RegTech by Other Products - Spending Value Trend Analysis, 2020-2029
9.2 RegTech Big Data Analytics by Type of Products
9.2.1 RegTech Big Data Analytics Market Share Analysis by Type of Products, 2024
9.2.2 RegTech by Compliance Management Platforms - Spending Value Trend Analysis, 2020-2029
9.2.3 RegTech by Automated Reporting Tools - Spending Value Trend Analysis, 2020-2029
9.2.4 RegTech by Transaction Monitoring Systems - Spending Value Trend Analysis, 2020-2029
9.2.5 RegTech by Other Products - Spending Value Trend Analysis, 2020-2029
9.3 RegTech Robotic Process Automation (RPA) by Type of Products, 2020-2029
9.3.1 RegTech Robotic Process Automation (RPA) Market Share Analysis by Type of Products, 2024
9.3.2 RegTech by Compliance Management Platforms - Spending Value Trend Analysis, 2020-2029
9.3.3 RegTech by Workflow Automation Solutions - Spending Value Trend Analysis, 2020-2029
9.3.4 RegTech by Other Products - Spending Value Trend Analysis, 2020-2029
9.4 RegTech Blockchain Technology by Type of Products, 2020-2029
9.4.1 RegTech Blockchain Technology Market Share Analysis by Type of Products, 2024
9.4.2 RegTech by Identity Verification Solutions - Spending Value Trend Analysis, 2020-2029
9.4.3 RegTech by Automated Reporting Tools - Spending Value Trend Analysis, 2020-2029
9.4.4 RegTech by Other Products - Spending Value Trend Analysis, 2020-2029
9.5 RegTech Cloud Computing by Type of Products, 2020-2029
9.5.1 RegTech Cloud Computing Market Share Analysis by Type of Products, 2024
9.5.2 RegTech by Compliance Management Platforms - Spending Value Trend Analysis, 2020-2029
9.5.3 RegTech by Automated Reporting Tools - Spending Value Trend Analysis, 2020-2029
9.5.4 RegTech by Other Products - Spending Value Trend Analysis, 2020-2029
9.6 RegTech API Integrations and Biometric Authentication by Type of Products, 2020-2029
9.6.1 RegTech API Integrations and Biometric Authentication Market Share Analysis by Type of Products, 2024
9.6.2 RegTech by Identity Verification Solutions - Spending Value Trend Analysis, 2020-2029
9.6.3 RegTech by Automated Reporting Tools - Spending Value Trend Analysis, 2020-2029
9.6.4 RegTech by Other Products - Spending Value Trend Analysis, 2020-2029
9.7 RegTech Data Encryption and Security Technologies by Type of Products, 2020-2029
9.7.1 RegTech Data Encryption and Security Technologies Market Share Analysis by Type of Products, 2024
9.7.2 RegTech by Data Protection Technologies - Spending Value Trend Analysis, 2020-2029
9.7.3 RegTech by Fraud Detection Systems - Spending Value Trend Analysis, 2020-2029
9.7.4 RegTech by Other Products - Spending Value Trend Analysis, 2020-2029
9.8 RegTech Data Visualization Tools by Type of Products, 2020-2029
9.8.1 RegTech Data Visualization Tools Market Share Analysis by Type of Products, 2024
9.8.2 RegTech by Regulatory Intelligence Tools - Spending Value Trend Analysis, 2020-2029
9.8.3 RegTech by Regulatory Reporting - Spending Value Trend Analysis, 2020-2029
9.8.4 RegTech by Automated Reporting Tools - Spending Value Trend Analysis, 2020-2029
9.8.5 RegTech by Other Products - Spending Value Trend Analysis, 2020-2029
10 RegTech by Deployment, 2020-2029
10.1 Market Share Analysis by Deployment, 2024
10.2 RegTech Deployment by Service Model - Spending Value Trend Analysis, 2020-2029
10.3 RegTech Deployment by On-premise Model - Spending Value Trend Analysis, 2020-2029
10.4 RegTech Deployment by Hybrid Model - Spending Value Trend Analysis, 2020-2029
11 RegTech by Product Offering, 2020-2029
11.1 Market Share Analysis by Product Offering, 2024
11.2 RegTech Product Offering by Service - Spending Value Trend Analysis, 2020-2029
11.3 RegTech Product Offering by Solution - Spending Value Trend Analysis, 2020-2029
12 RegTech by Company Size, 2020-2029
12.1 Market Share Analysis by Company Size, 2024
12.2 RegTech Company Size by Small Company - Spending Value Trend Analysis, 2020-2029
12.3 RegTech Company Size by Medium Company - Spending Value Trend Analysis, 2020-2029
12.4 RegTech Company Size by Large Company - Spending Value Trend Analysis, 2020-2029
13 Further Reading
13.1 About the Publisher
13.2 Related Research

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