Fortune Business Insights offers a detailed overview of the global market in a report, titled The global risk analytics market size is anticipated to witness significant growth on account of the increasing demand for risk mitigation to secure data from malicious attacks. Risk analytics is a part of risk management that helps to examine the investment portfolios, security issues, information technology, and other crucial aspects of a company and scrutinizes the risks associated with taking business-related decisions. A recent report by Fortune Business Insights titled, “Risk Analytics Market Size, Share and Covid-19 Impact Analysis, By Component (Software, Services), By Application (Financial Risk, Operational Risk, Compliance Risk, Strategic Risks, and Others), By Deployment (Cloud, On-Premise), By Enterprise Size (Small and Medium-sized Enterprises (SMEs), Large Enterprises) By Industry (Banking, Financial Services and Insurance (BFSI), IT and Telecommunications, Healthcare, Retail, and Consumer Goods, Energy and Utilities, Manufacturing, and Others) and Regional Forecast, 2020-2027,” estimated the market to rise from USD 22.18 billion earned in 2019 to rise at a CAGR of 12.2% and reach USD 54.95 billion by the end of 2027.
The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other Risk Analytics market trends. The report is available for sale on the company website.
The Report Answers the Following Queries
- What is the future of this market?
- Will the impact of the COVID-19 pandemic affect the market positively or negatively and how?
- What are the key drivers, restraints, and challenges of the market?
- Which are the major industry insights to the market?
Key Players Risk Analytics Market:
- OneSpan
- Fidelity National Information Services, Inc. (FIS)
- Recorded Future, Inc.
- Risk Edge Solutions
- AxiomSL, Inc.
- Provenir
- Verisk Analytics, Inc.
- Moody’s Analytics, Inc.
- IBM Corporation
- Oracle Corporation
- SAP SE
- Other players
Drivers & Restraints-
Increasing Adoption by Small and Middle Sized Companies to Augment Growth
A rise in the need of an all-in-one software for analyzing and detecting the overall digital performance of the firm or business is propelling the risk analytics market growth. This, coupled with the increasing number of cybercrime cases, malicious frauds, and other forms of data theft are expected to aid in the expansion of the market in the coming years. Additionally, the increasing complexities associated with the business processes across all small, medium, and large industries are likely to bode well for the market in the coming years.
On the negative side, the complex nature of unstructured data and mismeasurement of known risks may pose a major threat to the market in the coming years. Nevertheless, the adoption of predictive risk management on a large scale is likely to create lucrative growth opportunities for the market in the coming years, thereby surging the demand for analytics solutions.
Segment-
Financial Risks Segment to Earn Dominance Accountable to Uncertainties of International Exchange Levels
Based on segmentation by application, the financial risks segment earned the largest risk analytics market share on account of the uncertainty related to the credit quality, stock values, international exchange levels, liquidity, and asset costs. The implementation of advanced analytics solutions will help the financial firms and banks to predict the consumer preferences and behavior for better evaluation.
Regional Analysis for Risk Analytics Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Major Table of Contents for Risk Analytics Market:
- Introduction
- Executive Summary
- Market Dynamics
- Key Risk Analytics Market Insights
- Global Market Analysis, Insights and Forecast, 2015-2026
- North America Market Analysis, Insights and Forecast, 2015-2026
- Europe Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
- The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
- Latin America Market Analysis, Insights and Forecast, 2015-2026
- Competitive Landscape
- Global Risk Analytics Market Revenue Share Analysis, By Key Players, 2020
- Company Profiles
- Conclusion
KEY QUESTIONS ANSWERED:
- What is the market size and growth rate of the global and regional market by various segments?
- What is the market size and growth rate of the market for selective countries?
- Which region or sub-segment is expected to drive the market in the forecast period?
- What Factors are estimated to drive and restrain the Medical Lighting Technologies Market growth?
- What are the key technological and market trends shaping the market?
- What are the key opportunities in the market?
- What are the key companies operating in the market?
- Which company accounted for the highest market share?
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