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Dublin, April 18, 2024 (GLOBE NEWSWIRE) — The “Artificial Intelligence in Regtech Global Market Report 2024” report has been added to ResearchAndMarkets.com’s offering.
The artificial intelligence in regtech market size has grown exponentially in recent years. It will grow from $1.37 billion in 2023 to $1.89 billion in 2024 at a compound annual growth rate (CAGR) of 37.3%. The artificial intelligence in regtech market size is expected to see exponential growth in the next few years. It will grow to $6.64 billion in 2028 at a compound annual growth rate (CAGR) of 36.9%.
The growth observed in the historical period can be attributed to several factors, including the increase in compliance costs, a growing demand for automation, the explosion of data, and an emphasis on enhanced risk management practices.
North America was the largest region in the artificial intelligence (AI) in regtech market in 2023. The regions covered in the artificial intelligence in regtech market
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