The Europe regtech market was valued at US$ 1,731.79 million in 2023 and is expected to reach US$ 9,607.86 million by 2031; it is estimated to register a CAGR of 23.9% from 2023 to 2031.
Collaborations Between National Regulators and Financial Institutions Drive Europe Regtech Market
The strong willingness of the fintech community to collaborate with government authorities benefits both businesses and governments. Regulatory organizations in Europe continuously seek opportunities to collaborate with businesses from the global fintech sector. The Global Financial Innovation Network (GFIN), which was officially founded by internationally operating financial regulators and allied organizations in January 2019, is dedicated to promoting financial innovation in the interests of consumers. The GFIN aims to provide effective solutions for innovation-oriented enterprises to assist them in handling regulatory tasks. Its solutions are also expected to help them operate with new business models based on different jurisdictions. Thus, an upsurge in collaborations between national regulators and financial institutions bolsters the Europe regtech market growth.
Europe Regtech Market Overview
London is the focal point of global regtech, with the world's largest cluster of financial services providing a vast array of clients, partners, and talent for regtech vendors. London has a generous amount of tax incentives, strong regulator and investor support, and a fintech-friendly infrastructure along with a collaborative ecosystem involving 26 fintech unicorns. Nonetheless, more than 3,000 fintech companies are located in London, alongside 250 foreign banks. The success of challenger banks and the fintech industry in this country is linked to the adoption of regtech. For example, elegant and smooth user interfaces for onboarding are only possible because regtech solutions power their back-end operations. London is a true leader in regtech, with the world-leading depth of FinTech players, FS firms, accelerators, and access to talent and funding.
Europe Regtech Market Revenue and Forecast to 2031 (US$ Million)
Strategic insights for the Europe Regtech provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Europe Regtech refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Europe Regtech Strategic Insights
Europe Regtech Report Scope
Report Attribute
Details
Market size in 2023
US$ 1,731.79 Million
Market Size by 2031
US$ 9,607.86 Million
Global CAGR (2023 - 2031)
23.9%
Historical Data
2021-2022
Forecast period
2024-2031
Segments Covered
By Component
By Deployment Type
By Enterprise Size
By Application
Regions and Countries Covered
Europe
Market leaders and key company profiles
Europe Regtech Regional Insights
Europe Regtech Market Segmentation
The Europe regtech market is categorized component, deployment type, enterprise size, application, industry vertical, and country.
By component, the Europe regtech market is bifurcated into solutions and services. The solutions segment held a larger share of the Europe regtech market share in 2023.
In terms of deployment type, the Europe regtech market is bifurcated into on-premise and cloud. The cloud segment held a larger share of the Europe regtech market share in 2023.
Based on enterprise size, the Europe regtech market is bifurcated into SMEs and large enterprises. The large enterprises segment held a larger share of the Europe regtech market share in 2023.
By application, the Europe regtech market is segmented into risk and compliance management, AML and fraud management, and identity management. The risk and compliance management segment held the largest share of the Europe regtech market share in 2023.
By industry vertical, the Europe regtech market is segmented into banks, insurance, and others. The banks segment held the largest share of the Europe regtech market share in 2023.
Based on country, the Europe regtech market is segmented into the UK, Germany, France, Italy, Russia, and the Rest of Europe. The UK segment held the largest share of Europe regtech market in 2023.
ACTICO GmbH; Ascent Regtech; Broadridge Financial Solutions Inc; Deloitte Touche Tohmatsu Ltd; International Business Machines Corp; Jumio Corporation; MetricStream, Inc.; PricewaterhouseCoopers International Ltd; and Thomson Reuters Corp are some of the leading companies operating in the Europe regtech market.
The Europe Regtech Market is valued at US$ 1,731.79 Million in 2023, it is projected to reach US$ 9,607.86 Million by 2031.
As per our report Europe Regtech Market, the market size is valued at US$ 1,731.79 Million in 2023, projecting it to reach US$ 9,607.86 Million by 2031. This translates to a CAGR of approximately 23.9% during the forecast period.
The Europe Regtech Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Regtech Market report:
The Europe Regtech Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Regtech Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Regtech Market value chain can benefit from the information contained in a comprehensive market report.