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PORTLAND, Ore., Jan. 26, 2021 /PRNewswire/ Allied Market Research published a report, titled, RegTech Market by Component (Solution and Services), Deployment Type (On-Premises and Cloud), Organization Size (Large Enterprises and Small & Medium Enterprises (SMEs)), Application (Anti-money Laundering (AML) & Fraud Management, Regulatory Intelligence, Risk & Compliance Management, Regulatory Reporting, and Identity Management), End User (Banks, Insurance Companies, FinTech Firms, IT & Telecom, Public Sector, Energy & Utilities, and Others) : Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global RegTech market was pegged at $5.46 billion in 2019, and is projected to
reach $28.33 billion by 2027, growing at a
CAGR of 22.3% from 2020 to 2027.