GITNUX MARKETDATA REPORT 2024

Statistics About The Most Regulated Industries

The most regulated industries typically include healthcare, finance, telecommunications, energy, and aviation.

Statistic 1

"Regulatory costs for small manufacturers averaged more than $34,671 per employee in 2016."

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Statistic 2

"Since 2010, the financial services industry has been hit with $321 billion in fines due to non-compliance with regulations."

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Statistic 3

"Health Care providers in the US are subject to approximately 629 regulatory restrictions pertaining to Electronic Health Record systems alone."

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Statistic 4

"The American Financial Services sector spends around $270 billion per year on compliance costs."

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Statistic 5

"The EU's General Data Protection Regulation (GDPR) impacted over 500,000 companies in the tech industry."

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Statistic 6

"The US alcohol-based beverages industry adheres to over 3,000 federal regulations."

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Statistic 7

"European Chemical Industry faces over 1,300 REACH directives."

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Statistic 8

"The agriculture industry confronts over 20,000 federal guidelines and restrictions regarding plant health, safety, quality and marketing."

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Statistic 9

"The telecom industry in the US is governed by over 130,000 pages of regulations."

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Statistic 10

"The mining sector faces over 30,000 federal regulations in terms of safety and health."

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Statistic 11

"Car manufacturers in the US must comply with over 60 federal standards concerning safety."

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Statistic 12

"The hospitality sector, including food service providers, are regulated by over 100,000 federal laws and regulations."

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Statistic 13

"The Cosmetics industry in the US needs to comply with more than 21,000 international regulations."

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