Global Regulatory Reporting-as-a-Service Market to Grow by a Significant CAGR during 2022 – 2030

The global regulatory reporting-as-a-service market is estimated to grow at a significant CAGR over the forecast period, i.e., 2022 – 2030. The market is segmented on the basis of industry into banking, insurance, it & telecom, and others. Among these, the banking segment is anticipated to hold the notable share over the forecast period owing to the increasing use of the regulatory reporting services for efficient data management, which is required in banking. Moreover, the rising adoption of large data is estimated to boost the segment growth.

The global regulatory reporting-as-a-service market is projected to grow on the back of better workflow management, provided by regulatory reporting services. Moreover, the growing investment by various services provider companies as well as end-user industries, for the development of regulatory reporting-as-a-service, is estimated to boost the market growth.


Besides, increasing amount of big data in financial and IT sectors, is further estimated to play a major role in the market growth.


On the basis of geographical analysis, the global regulatory reporting-as-a-service market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is anticipated to gain the largest market share throughout the forecast period on account of the increasing adoption of digitalized regulatory reporting services in the financial and other end-user industries in the region.


The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.


Increasing Demand for Automated Services to Boost the Market Growth


Regulatory reporting-as-a-service refers to the collection of data from various systems and delivering a compiled report digitally, achieved through automation. This not only reduces the operational time and cost, but also enhances the quality of the report. Such advantages of regulatory reporting services are projected to boost the market growth.


However, slow digitalization of industries in under-developed regions is expected to operate as key restraint to the growth of global regulatory reporting-as-a-service market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global regulatory reporting-as-a-service market which includes company profiling of IBM Corporation, Contentive, Oracle Corporation, AXIOMSL Inc., Moody’s Analytics Inc., Lombard Risk Systems, TAS S.p.A, SS&C Technologies Inc., Wipro Ltd., and Information Builders. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments.


On the whole, the report depicts detailed overview of the global regulatory reporting-as-a-service market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future. 

    

Get a Sample Copy Of This Report With Graphs and Charts:

https://www.researchnester.com/sample-request-1012


Comments

Popular posts from this blog

Global Artificial Intelligence in Agriculture Market Will Grow Rapidly Over Forecast By 2030

Global Building Automation Systems Market To Be Driven By The Growing Awareness

Global No.2 Diesel Fuel Market 2021 Research Report with COVID-19 Impact, by Future Trend, Growth rate and Industry Analysis to 2030