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LAMEA 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

  • 163 Pages
  • June 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5590383
The Latin America, Middle East and Africa RegTech Market is projected to witness market growth of 23.9% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA RegTech Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $1.15 billion by 2031. The Argentina market is showcasing a CAGR of 24.9% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 23.6% during (2024 - 2031).



The capacity of RegTech solutions to adjust to evolving regulatory environments is one of their most noteworthy benefits. Regulations are not static; they evolve in response to emerging risks, technological advancements, and shifts in the geopolitical landscape. Traditional compliance approaches, which often rely on manual processes and legacy systems, struggle to keep pace with these changes.

The RegTech market is confronted with challenges also that must be fixed in order to fully realize its potential, despite the numerous benefits and advancements. One of the primary challenges is the integration of RegTech solutions with existing legacy systems. Many organizations still rely on outdated compliance infrastructures not designed to accommodate modern technologies. This integration challenge can hinder the seamless adoption of RegTech solutions and limit their effectiveness.

South Africa is exploring open banking initiatives, with a pilot program launched in 2022. RegTech solutions can be vital in managing data security and compliance within this evolving open banking landscape. South Africa is a growing hub for FinTech innovation. RegTech complements this growth by providing the necessary tools to ensure compliance and mitigate risks associated with new financial technologies. As these economies evolve, RegTech offers them a powerful tool to navigate regulatory landscapes and achieve their financial goals. Thus, the regional RegTech market is expected to grow rapidly throughout the forecast period.

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
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

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 LAMEA RegTech Market, by Country
1.4.2 LAMEA RegTech Market, by Application
1.4.3 LAMEA RegTech Market, by Organization Size
1.4.4 LAMEA RegTech Market, by Deployment Mode
1.4.5 LAMEA RegTech Market, by Vertical
1.4.6 LAMEA 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. LAMEA RegTech Market by Component
5.1 LAMEA Solution Market by Country
5.2 LAMEA Services Market by Country
5.3 LAMEA RegTech Market by Services Type
5.3.1 LAMEA Professional Market by Country
5.3.2 LAMEA Managed Market by Country
Chapter 6. LAMEA RegTech Market by Application
6.1 LAMEA Risk & Compliance Management Market by Country
6.2 LAMEA AML & Fraud Management Market by Country
6.3 LAMEA Identity Management Market by Country
6.4 LAMEA Regulatory Reporting Market by Country
6.5 LAMEA Regulatory Intelligence Market by Country
Chapter 7. LAMEA RegTech Market by Organization Size
7.1 LAMEA Large Enterprises Market by Country
7.2 LAMEA Small & Medium Enterprises (SMEs) Market by Country
Chapter 8. LAMEA RegTech Market by Deployment Mode
8.1 LAMEA Cloud Market by Country
8.2 LAMEA On-premise Market by Country
Chapter 9. LAMEA RegTech Market by Vertical
9.1 LAMEA Banking & Capital Markets Market by Country
9.2 LAMEA Insurance Market by Country
9.3 LAMEA Non-Financial Market by Country
Chapter 10. LAMEA RegTech Market by Country
10.1 Brazil RegTech Market
10.1.1 Brazil RegTech Market by Component
10.1.1.1 Brazil RegTech Market by Services Type
10.1.2 Brazil RegTech Market by Application
10.1.3 Brazil RegTech Market by Organization Size
10.1.4 Brazil RegTech Market by Deployment Mode
10.1.5 Brazil RegTech Market by Vertical
10.2 Argentina RegTech Market
10.2.1 Argentina RegTech Market by Component
10.2.1.1 Argentina RegTech Market by Services Type
10.2.2 Argentina RegTech Market by Application
10.2.3 Argentina RegTech Market by Organization Size
10.2.4 Argentina RegTech Market by Deployment Mode
10.2.5 Argentina RegTech Market by Vertical
10.3 UAE RegTech Market
10.3.1 UAE RegTech Market by Component
10.3.1.1 UAE RegTech Market by Services Type
10.3.2 UAE RegTech Market by Application
10.3.3 UAE RegTech Market by Organization Size
10.3.4 UAE RegTech Market by Deployment Mode
10.3.5 UAE RegTech Market by Vertical
10.4 Saudi Arabia RegTech Market
10.4.1 Saudi Arabia RegTech Market by Component
10.4.1.1 Saudi Arabia RegTech Market by Services Type
10.4.2 Saudi Arabia RegTech Market by Application
10.4.3 Saudi Arabia RegTech Market by Organization Size
10.4.4 Saudi Arabia RegTech Market by Deployment Mode
10.4.5 Saudi Arabia RegTech Market by Vertical
10.5 South Africa RegTech Market
10.5.1 South Africa RegTech Market by Component
10.5.1.1 South Africa RegTech Market by Services Type
10.5.2 South Africa RegTech Market by Application
10.5.3 South Africa RegTech Market by Organization Size
10.5.4 South Africa RegTech Market by Deployment Mode
10.5.5 South Africa RegTech Market by Vertical
10.6 Nigeria RegTech Market
10.6.1 Nigeria RegTech Market by Component
10.6.1.1 Nigeria RegTech Market by Services Type
10.6.2 Nigeria RegTech Market by Application
10.6.3 Nigeria RegTech Market by Organization Size
10.6.4 Nigeria RegTech Market by Deployment Mode
10.6.5 Nigeria RegTech Market by Vertical
10.7 Rest of LAMEA RegTech Market
10.7.1 Rest of LAMEA RegTech Market by Component
10.7.1.1 Rest of LAMEA RegTech Market by Services Type
10.7.2 Rest of LAMEA RegTech Market by Application
10.7.3 Rest of LAMEA RegTech Market by Organization Size
10.7.4 Rest of LAMEA RegTech Market by Deployment Mode
10.7.5 Rest of LAMEA 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
11.10. 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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