Regtech to account for over 50% Of regulatory compliance spend globally by 2026
Hampshire, UK – A new study from Juniper Research has found that global regtech spend will exceed $204 billion (€191.59 billion) by 2026; accounting for over 50% of all regulatory compliance spend for the first time. This spend will grow from $68 billion (€63.86 billion) in 2022; representing growth of over 200% over the next four years. The report identified the integration of regtech services with BaaS (Banking-as-a-Service) models as key to realising this future market growth.
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