The North America RegTech Market would witness market growth of 25.6% CAGR during the forecast period (2021-2027).
Real-time locating systems (RTLS) are used to detect and track the location of objects or persons in real time, commonly within a building or other enclosed environment. The share of the market of real-time location systems is increasing as the ability of real-time tracking in various business processes improves. Raised productivity, precision, and operational excellence are all benefits of these systems. Furthermore, among the RTLS technologies, RFID tags have seen an increase in demand in the healthcare industry, as RFID tags may be used for a variety of purposes, from tracking surgical tools to tracking patients & employees.
Patient flow or movement (hand-offs) between departments, such as from the emergency room to the radiology department, is monitored by giving each patient a unique tag to keep with him or her at all times. An analytic application records the number of times patients spend in each place. The hospital management can determine whether extra staff or equipment is needed at various departments and stages of the patient's journey by tracking the number of times patients take in various rooms and departments throughout the hospital.
RTLS technology is being used by electronic behemoths in the North American region. Impinj, for example, has released three next-generation RAIN RFID reader chips to help IoT device makers fulfill the growing need for item connectivity in retail, supply chain, and logistics. In addition, Tele Tracking Technologies also announced the debut of SynapseIQ, a powerful cloud-based analytics solution that provides enterprise-wide visibility and actionable insights for health systems using real-time data. The solution aids in improving employee accountability across enterprises, lowering operating expenses, and improving overall system performance.
In the year 2020, the United States' transportation system served significant amount of people, including individuals who do not own a car or travel infrequently. Transportation is utilized to go to and from work, purchase goods and services, communicate with family and friends, and travel to distant locations.
The US market dominated the North America RegTech Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $5,269.8 million by 2027. The Canada market is estimated to grow at a CAGR of 28.5% during (2021 - 2027). Additionally, The Mexico market would display a CAGR of 27.4% during (2021 - 2027).
Based on Technology, the market is segmented into RFID, Ultra-Wideband, Wi-Fi, ZigBee, Infrared and Others. Based on Industry, the market is segmented into Healthcare, Manufacturing & Processing, Retail, Transportation & Logistics and Others. Based on Component, the market is segmented into Hardware, Software and Services. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global RegTech Market is Estimated to reach $22.3 Billion by 2027, at a CAGR of 19.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ACTICO GmbH, Jumio Corporation, MetricStream, Inc., NICE Ltd., Thomson Reuters Corporation, Wolters Kluwer N.V., IBM Corporation, Deloitte Touche Tohmatsu Limited, Broadridge financial solutions Inc., and Trulioo, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Application
- Risk & Compliance Management
- AML & Fraud Management
- Identity Management
- Regulatory Reporting
- Regulatory Intelligence
By Vertical
- Banking & Capital Markets
- Insurance
- Non-Financial
By Deployment Mode
By Organization Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- ACTICO GmbH
- Jumio Corporation
- MetricStream, Inc.
- NICE Ltd.
- Thomson Reuters Corporation
- Wolters Kluwer N.V.
- IBM Corporation
- Deloitte Touche Tohmatsu Limited
- Broadridge financial solutions Inc.
- Trulioo, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America RegTech Market, by Component
1.4.2 North America RegTech Market, by Application
1.4.3 North America RegTech Market, by Vertical
1.4.4 North America RegTech Market, by Deployment Mode
1.4.5 North America RegTech Market, by Organization Size
1.4.6 North America RegTech Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, May – 2022, Jan) Leading Players
Chapter 4. North America RegTech Market by Component
4.1 North America Solution Market by Country
4.2 North America Services Market by Country
4.3 North America RegTech Market by Services Type
4.3.1 North America Professional Market by Country
4.3.2 North America Managed Market by Country
Chapter 5. North America RegTech Market by Application
5.1 North America Risk & Compliance Management Market by Country
5.2 North America AML & Fraud Management Market by Country
5.3 North America Identity Management Market by Country
5.4 North America Regulatory Reporting Market by Country
5.5 North America Regulatory Intelligence Market by Country
Chapter 6. North America RegTech Market by Vertical
6.1 North America Banking & Capital Markets Market by Country
6.2 North America Insurance Market by Country
6.3 North America Non-Financial Market by Country
Chapter 7. North America RegTech Market by Deployment Mode
7.1 North America Cloud Market by Country
7.2 North America On-premise Market by Country
Chapter 8. North America RegTech Market by Organization Size
8.1 North America Large Enterprises Market by Country
8.2 North America Small & Medium Enterprises (SMEs) Market by Country
Chapter 9. North America RegTech Market by Country
9.1 US RegTech Market
9.1.1 US RegTech Market by Component
9.1.1.1 US RegTech Market by Services Type
9.1.2 US RegTech Market by Application
9.1.3 US RegTech Market by Vertical
9.1.4 US RegTech Market by Deployment Mode
9.1.5 US RegTech Market by Organization Size
9.2 Canada RegTech Market
9.2.1 Canada RegTech Market by Component
9.2.1.1 Canada RegTech Market by Services Type
9.2.2 Canada RegTech Market by Application
9.2.3 Canada RegTech Market by Vertical
9.2.4 Canada RegTech Market by Deployment Mode
9.2.5 Canada RegTech Market by Organization Size
9.3 Mexico RegTech Market
9.3.1 Mexico RegTech Market by Component
9.3.1.1 Mexico RegTech Market by Services Type
9.3.2 Mexico RegTech Market by Application
9.3.3 Mexico RegTech Market by Vertical
9.3.4 Mexico RegTech Market by Deployment Mode
9.3.5 Mexico RegTech Market by Organization Size
9.4 Rest of North America RegTech Market
9.4.1 Rest of North America RegTech Market by Component
9.4.1.1 Rest of North America RegTech Market by Services Type
9.4.2 Rest of North America RegTech Market by Application
9.4.3 Rest of North America RegTech Market by Vertical
9.4.4 Rest of North America RegTech Market by Deployment Mode
9.4.5 Rest of North America RegTech Market by Organization Size
Chapter 10. Company Profiles
10.1 ACTICO GmbH
10.1.1 Company Overview
10.2 Jumio Corporation
10.2.1 Company Overview
10.2.2 Recent strategies and developments:
10.2.2.1 Partnerships, Collaborations, and Agreements:
10.2.2.2 Acquisition and Mergers:
10.3 MetricStream, Inc.
10.3.1 Company Overview
10.3.2 Recent strategies and developments:
10.3.2.1 Partnerships, Collaborations, and Agreements:
10.4 NICE Ltd.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.5.2 Product Launches and Product Expansions:
10.5 Thomson Reuters Corporation (The Woodbridge Company)
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Recent strategies and developments:
10.5.4.1 Product Launches and Product Expansions:
10.6 Wolters Kluwer N.V.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.7 IBM Corporation
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional & Segmental Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Partnerships, Collaborations, and Agreements:
10.7.6 SWOT Analysis
10.8 Deloitte Touche Tohmatsu Limited
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental Analysis
10.8.4 Recent strategies and developments:
10.8.4.1 Partnerships, Collaborations, and Agreements:
10.9 Broadridge Financial Solutions, Inc.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Product and Regional Analysis
10.9.4 Recent strategies and developments:
10.9.4.1 Acquisition and Mergers:
10.10. Trulioo, Inc.
10.10.1 Company Overview
10.10.2 Recent strategies and developments:
10.10.2.1 Partnerships, Collaborations, and Agreements:
10.10.2.2 Acquisition and Mergers:
TABLE 1 North America RegTech Market, 2017 - 2020, USD Million
TABLE 2 North America RegTech Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – RegTech Market
TABLE 4 Product Launches And Product Expansions – RegTech Market
TABLE 5 Acquisition and Mergers – RegTech Market
TABLE 6 North America RegTech Market by Component, 2017 - 2020, USD Million
TABLE 7 North America RegTech Market by Component, 2021 - 2027, USD Million
TABLE 8 North America Solution Market by Country, 2017 - 2020, USD Million
TABLE 9 North America Solution Market by Country, 2021 - 2027, USD Million
TABLE 10 North America Services Market by Country, 2017 - 2020, USD Million
TABLE 11 North America Services Market by Country, 2021 - 2027, USD Million
TABLE 12 North America RegTech Market by Services Type, 2017 - 2020, USD Million
TABLE 13 North America RegTech Market by Services Type, 2021 - 2027, USD Million
TABLE 14 North America Professional Market by Country, 2017 - 2020, USD Million
TABLE 15 North America Professional Market by Country, 2021 - 2027, USD Million
TABLE 16 North America Managed Market by Country, 2017 - 2020, USD Million
TABLE 17 North America Managed Market by Country, 2021 - 2027, USD Million
TABLE 18 North America RegTech Market by Application, 2017 - 2020, USD Million
TABLE 19 North America RegTech Market by Application, 2021 - 2027, USD Million
TABLE 20 North America Risk & Compliance Management Market by Country, 2017 - 2020, USD Million
TABLE 21 North America Risk & Compliance Management Market by Country, 2021 - 2027, USD Million
TABLE 22 North America AML & Fraud Management Market by Country, 2017 - 2020, USD Million
TABLE 23 North America AML & Fraud Management Market by Country, 2021 - 2027, USD Million
TABLE 24 North America Identity Management Market by Country, 2017 - 2020, USD Million
TABLE 25 North America Identity Management Market by Country, 2021 - 2027, USD Million
TABLE 26 North America Regulatory Reporting Market by Country, 2017 - 2020, USD Million
TABLE 27 North America Regulatory Reporting Market by Country, 2021 - 2027, USD Million
TABLE 28 North America Regulatory Intelligence Market by Country, 2017 - 2020, USD Million
TABLE 29 North America Regulatory Intelligence Market by Country, 2021 - 2027, USD Million
TABLE 30 North America RegTech Market by Vertical, 2017 - 2020, USD Million
TABLE 31 North America RegTech Market by Vertical, 2021 - 2027, USD Million
TABLE 32 North America Banking & Capital Markets Market by Country, 2017 - 2020, USD Million
TABLE 33 North America Banking & Capital Markets Market by Country, 2021 - 2027, USD Million
TABLE 34 North America Insurance Market by Country, 2017 - 2020, USD Million
TABLE 35 North America Insurance Market by Country, 2021 - 2027, USD Million
TABLE 36 North America Non-Financial Market by Country, 2017 - 2020, USD Million
TABLE 37 North America Non-Financial Market by Country, 2021 - 2027, USD Million
TABLE 38 North America RegTech Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 39 North America RegTech Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 40 North America Cloud Market by Country, 2017 - 2020, USD Million
TABLE 41 North America Cloud Market by Country, 2021 - 2027, USD Million
TABLE 42 North America On-premise Market by Country, 2017 - 2020, USD Million
TABLE 43 North America On-premise Market by Country, 2021 - 2027, USD Million
TABLE 44 North America RegTech Market by Organization Size, 2017 - 2020, USD Million
TABLE 45 North America RegTech Market by Organization Size, 2021 - 2027, USD Million
TABLE 46 North America Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 47 North America Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 48 North America Small & Medium Enterprises (SMEs) Market by Country, 2017 - 2020, USD Million
TABLE 49 North America Small & Medium Enterprises (SMEs) Market by Country, 2021 - 2027, USD Million
TABLE 50 North America RegTech Market by Country, 2017 - 2020, USD Million
TABLE 51 North America RegTech Market by Country, 2021 - 2027, USD Million
TABLE 52 US RegTech Market, 2017 - 2020, USD Million
TABLE 53 US RegTech Market, 2021 - 2027, USD Million
TABLE 54 US RegTech Market by Component, 2017 - 2020, USD Million
TABLE 55 US RegTech Market by Component, 2021 - 2027, USD Million
TABLE 56 US RegTech Market by Services Type, 2017 - 2020, USD Million
TABLE 57 US RegTech Market by Services Type, 2021 - 2027, USD Million
TABLE 58 US RegTech Market by Application, 2017 - 2020, USD Million
TABLE 59 US RegTech Market by Application, 2021 - 2027, USD Million
TABLE 60 US RegTech Market by Vertical, 2017 - 2020, USD Million
TABLE 61 US RegTech Market by Vertical, 2021 - 2027, USD Million
TABLE 62 US RegTech Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 63 US RegTech Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 64 US RegTech Market by Organization Size, 2017 - 2020, USD Million
TABLE 65 US RegTech Market by Organization Size, 2021 - 2027, USD Million
TABLE 66 Canada RegTech Market, 2017 - 2020, USD Million
TABLE 67 Canada RegTech Market, 2021 - 2027, USD Million
TABLE 68 Canada RegTech Market by Component, 2017 - 2020, USD Million
TABLE 69 Canada RegTech Market by Component, 2021 - 2027, USD Million
TABLE 70 Canada RegTech Market by Services Type, 2017 - 2020, USD Million
TABLE 71 Canada RegTech Market by Services Type, 2021 - 2027, USD Million
TABLE 72 Canada RegTech Market by Application, 2017 - 2020, USD Million
TABLE 73 Canada RegTech Market by Application, 2021 - 2027, USD Million
TABLE 74 Canada RegTech Market by Vertical, 2017 - 2020, USD Million
TABLE 75 Canada RegTech Market by Vertical, 2021 - 2027, USD Million
TABLE 76 Canada RegTech Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 77 Canada RegTech Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 78 Canada RegTech Market by Organization Size, 2017 - 2020, USD Million
TABLE 79 Canada RegTech Market by Organization Size, 2021 - 2027, USD Million
TABLE 80 Mexico RegTech Market, 2017 - 2020, USD Million
TABLE 81 Mexico RegTech Market, 2021 - 2027, USD Million
TABLE 82 Mexico RegTech Market by Component, 2017 - 2020, USD Million
TABLE 83 Mexico RegTech Market by Component, 2021 - 2027, USD Million
TABLE 84 Mexico RegTech Market by Services Type, 2017 - 2020, USD Million
TABLE 85 Mexico RegTech Market by Services Type, 2021 - 2027, USD Million
TABLE 86 Mexico RegTech Market by Application, 2017 - 2020, USD Million
TABLE 87 Mexico RegTech Market by Application, 2021 - 2027, USD Million
TABLE 88 Mexico RegTech Market by Vertical, 2017 - 2020, USD Million
TABLE 89 Mexico RegTech Market by Vertical, 2021 - 2027, USD Million
TABLE 90 Mexico RegTech Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 91 Mexico RegTech Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 92 Mexico RegTech Market by Organization Size, 2017 - 2020, USD Million
TABLE 93 Mexico RegTech Market by Organization Size, 2021 - 2027, USD Million
TABLE 94 Rest of North America RegTech Market, 2017 - 2020, USD Million
TABLE 95 Rest of North America RegTech Market, 2021 - 2027, USD Million
TABLE 96 Rest of North America RegTech Market by Component, 2017 - 2020, USD Million
TABLE 97 Rest of North America RegTech Market by Component, 2021 - 2027, USD Million
TABLE 98 Rest of North America RegTech Market by Services Type, 2017 - 2020, USD Million
TABLE 99 Rest of North America RegTech Market by Services Type, 2021 - 2027, USD Million
TABLE 100 Rest of North America RegTech Market by Application, 2017 - 2020, USD Million
TABLE 101 Rest of North America RegTech Market by Application, 2021 - 2027, USD Million
TABLE 102 Rest of North America RegTech Market by Vertical, 2017 - 2020, USD Million
TABLE 103 Rest of North America RegTech Market by Vertical, 2021 - 2027, USD Million
TABLE 104 Rest of North America RegTech Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 105 Rest of North America RegTech Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 106 Rest of North America RegTech Market by Organization Size, 2017 - 2020, USD Million
TABLE 107 Rest of North America RegTech Market by Organization Size, 2021 - 2027, USD Million
TABLE 108 Key Information – ACTICO GmbH
TABLE 109 Key Information – Jumio Corporation
TABLE 110 Key Information – MetricStream, Inc.
TABLE 111 Key Information – NICE Ltd.
TABLE 112 key information – Thomson Reuters Corporation
TABLE 113 Key information – Wolters Kluwer N.V.
TABLE 114 Key information – IBM Corporation
TABLE 115 Key information – Deloitte Touche Tohmatsu Limited
TABLE 116 Key Information – Broadridge Financial Solutions, Inc.
TABLE 117 key Information – Trulioo, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, May – 2022, Jan) Leading Players
FIG 5 Recent strategies and developments: Jumio Corporation
FIG 6 Recent strategies and developments: NICE Ltd.
FIG 7 Swot analysis: IBM Corporation