$4.5 Billion Disclosure Management Market Thrives with Fintech & Regulations

January 23, 2024
1 min read

According to a report by Research and Markets, the global disclosure management market is projected to reach $4.5 billion by 2030, with a compound annual growth rate (CAGR) of 17.1%. The report highlights the critical role of disclosure management systems in modern business infrastructures, emphasizing the need for increased efficiency, accuracy, and compliance. The market growth is driven by fintech innovations and regulatory trends. The demand within the banking, financial services, and insurance (BFSI) sector has notably propelled market advancement, given the sector’s focus on managing complex regulations and deploying disclosures precisely. North America dominates the market, driven by technological progress and stringent regulatory mandates. The report also discusses how the dynamic nature of the market is driven by continuous technological innovations and strategic collaborations among key players. Automated tools, such as XBRL tagging, are also driving market growth. The report provides a detailed breakdown of the market by components, business functions, deployment models, organization sizes, verticals, and geographical regions. Key companies mentioned in the report include Oracle, Certent, IRIS Business Services, CoreFiling, LucaNet, OCR Services, Lecorpio, Synthesis Technology, SAP, Workiva, DataTracks, Trintech, and Anaqua.

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