Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Regulatory Reporting-as-a-Service Market size was valued at USD 7 billion in 2024 and is projected to reach USD 15 billion by the end of 2037, rising at a CAGR of 12% during the forecast period, i.e., 2025-2037. In 2025, the industry size of regulatory reporting-as-a-service is estimated at USD 10 billion.
The increasing adoption of artificial intelligence and automated technologies in reporting tools is evolving the regulatory reporting process by optimizing accuracy, efficiency, and compliance. In March 2024, Sweep, a UK-based sustainability data management company, introduced Sweepy. This regulatory compliance solution, powered by generative AI. Sweepy assists firms in simplifying compliance with the Corporate Sustainability Reporting Directive (CSRD) by automating data ingestion, suggesting financial and impact materiality mappings, and generating actionable insights for emissions reduction and sustainability goals.
Organizations are increasingly transitioning from traditional on-premise systems to cloud-based platforms for regulatory reporting. Cloud solutions offer flexibility and real-time data analysis, which are necessary for meeting strict compliance rules and managing vast datasets efficiently. By the end of 2025, it is estimated that 70% of companies are likely to have adopted cloud-based regulatory reporting systems. These systems enable disaster recovery, data backup, and enhanced data accessibility, making them critical for industries with complex reporting requirements.