Benjamin Franklin's saying regarding death and taxes is still relevant despite being written in 1789. I believe it is also relevant in regards to creation of laws.
Last year in the US, the federal register grew by over 60,000 pages. That does not include any rules implemented by other regulatory bodies. That is just one year.
The Dodd Frank law was over 2,000 pages. The Affordable Care Act was countless thousands of pages that did not include the thousands more of rule making that would follow.
Compliance is expensive in any industry, and you have to be in compliance with the rules and regulations of your industry if you want to continue doing business.
There will always be a demand for technology related to compliance because there will always be new rules and regulations being created.