Company: EGG
Filing Date: 2025-04-22
Form Type: F-1/A
Source: 0001641172-25-005604
Chunk: 95

Company: ENIGMATIG LTD
Filing Date: 2025-04-22
Form: F-1/A
Chunk 95
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 money transmission services, payment processing services, etc.                      |
| ● | Investment                                                                                                                         
 licenses are necessary to commence the business associated with portfolio management, advisory for investment, underwriting and    
 placing of financial instruments, capital raising for investment purpose, operation of multilateral trading facilities, etc.       |
| ● | Asset                                                                                                                              
 management licenses authorize investment and asset management managers to provide the service of managing a portfolio of assets    
 for clients on discretionary basis in designated regions. The assets under management can vary, including mutual fund, hedge fund, 
 account, etc.                                                                                                                      |
| ● | Foreign                                                                                                                            
 exchange (FX) licenses keep the purchase, sale, exchange or transfer of foreign currencies in compliance and receive the payment   
 for services in the form of brokerage or commission fees.                                                                          |

Market Size of the Global and APAC Financial Licensing Solutions Industry

Trends and results for the financial licensing solutions industry are closely related to international circumstances, global financial markets and local policies. However, according to the Frost & Sullivan report, the number of applications for financial licenses, and thus the financial licensing solutions market, often lags behind the major environmental factors affecting it. Thus, while the COVID-19 outbreak had influenced the financial markets and potential demand for the cross-border financial activities and investments since 2020, the financial licensing solutions market continued to grow slightly in 2020. The market experienced a decline in 2021, both in APAC and the rest of the world, or RoW, but soon revived with the supportive policies and reactivation of financial markets. It is forecasted that the market size of the global financial licensing solution industry by revenue will continue to increase from USD69.5 million in 2025 to USD110.0 million in 2029, representing a compound annual growth rate, or CAGR, of 12.2%. As countries in the APAC region are mostly export-oriented economies and have experienced rapid globalized economic growth in recent years, the CAGR of APAC from 2025 to 2029 is expected to be 13.5%. It is expected that APAC will account for approximately 36.9% of the global financial licensing solution market in 2029, leading the global financial licensing solutions industry.

<div align='center'>Market Size of the Global and APAC Financial Licensing Solutions Industry by Revenue, 2020-2029E</div>

Source: Frost & Sullivan Report

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Key Drivers and Future Trends in the Financial Licensing Solutions Market