Risk Analytics Market by Component (Software (ETL Tools, Risk Calculation Engines, GRC Software) and Services), Risk Type (Strategic Risk, Operational Risk, Financial Risk), Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2027
[279 Pages Report] The global Risk Analytics Market size is projected to grow from USD 39.3 billion in 2022 to reach USD 70.5 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 12.4% during the forecast period. Various factors such as rising government compliance with stringent industry regulation, growing incidences of data thefts and security breaches and increasing complexities across business processes, are expected to drive the adoption of risk analytics solutions and services.
Globally, the adoption of risk analytics software solutions has shown a good pace. These solutions are critical to generating actionable insights, thus enabling C-level executives to make informed decisions. Software solutions, including Extract, Transform, and Load (ETL) tools; risk calculation engines; scorecard and visualization tools; dashboard analytics and risk reporting tools; and GRC software, are offered to tackle risk management challenges. The services offered in the market are professional services and managed services. The services segment is projected to grow faster during the forecast period.
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COVID-19 Impact
Risk analytics gained significant importance during the COVID-19 pandemic for taking decisions regarding restrictions to reduce transmission. To effectively assess situation and limit risk of transmission, risk analysis tools such as data-visualization tools gained high demand. Researchers from the University of Houston designed a real-time COVID-19 infection risk assessment application to restrict virus exposure with help of data analysis.
The COVID-19 outbreak has created considerable strain and uncertainty in the global financial markets. Banks are experiencing liquidity risk management issues from deferred loan repayments, bridge financing needs, heavier drawdowns, constrained interbank borrowing, potentially higher deposit run-offs, and margin calls due to increased volatility. The banking sector could experience changes in credit risk, market risk, and operational risk due to COVID-19.
Market Dynamics
Driver: Increasing complexities across business processes
Increasing business complexities are challenging for organizations to manage a large number of data and identify potential risks. The major factors of rising business complexity include growing innovations, changing nature of complexities, lack of information management, intricate regulation, and government oversight. In the aftermath of the financial crisis that broke out in 2008, organizations became more careful regarding risk management and have started investing a significant amount in adopting new techniques that can help in managing risk across the organization. Due to the developing technological innovation and the proliferation of new technologies, such as AI, ML, IoT, and edge computing, data has been generated in a massive amount.
Restraint: Intricate nature of regulatory compliance
Regulatory compliances are varied in nature across the globe. Hence, it becomes difficult for organizations to mitigate compliance risk and comply with various regulatory policies that are different from country to country and business to business. This is considered one of the restraining factors for the growth of the risk analytics market, as there is no clear standard that needs to be followed. These factors are also making it difficult for risk analytics solution providers to cater to the various end-user requirements. In some of the regions where there is no regulatory structure and standard imposed by governing bodies, organizations focus on executing in-house regulatory guidelines and policies.
Opportunity: Rising innovations in the FinTech industry
The FinTech industry constitutes financial and technological solution providing companies. This is the most data-sensitive industry that is vulnerable to various types of risks, such as market compliance risk, cyberattacks, and fraud detection. Hence, organizations, both large enterprises and SMEs, are focusing on the FinTech industry to invest in technology solutions, such as RPA and digitalization, and introduce innovations in the market. The risk analytics market is being digitalized and innovated in various aspects, such as the launch of new comprehensive tech-enabled tools and the implementation of new business models for risk management. Tech-enabled tools assist in investment research, compliance, and risk management. These innovations are helping FinTech vendors offer effective risk management solutions and add more value to their customers.
Challenge: Integration of data from data silos
To effectively mitigate risks, target valuable customers, and evaluate business performance, extracting value from data has become a key requirement for companies. Additionally sufficient amount of data is required monetizing these data assets. However, data consolidation from distinct data sources into meaningful information can incite diffrent challenges for organizations. . Many risk analytics providers offer unified data aggregation and data analytics platforms that help users in successfully aggregating and analyzing data from disparate data sources. Data exchange is a major concern for industries, such as healthcare, and banking and financial services which deal with individual’s confidential data. As the need for data exchange increases, it needs to be balanced with risk mitigation capabilities. Companies which are adopting risk analytics software integrated with data security capabilities, data exchange is not expected to be a major issue in the near future.
Based on component, services segment is expected to grow at a higher CAGR during the forecast period
The market based on components is divided into software and services. The services segment has been further divided into professional and managed services. These services play a vital role in the functioning of risk analytics solutions, as well as ensure faster and smoother implementation that maximizes the value of the enterprise investments. The rising adoption of risk analytics software is expected to boost the adoption of professional and managed services.
Based on software, GRC Software segemeng to account for largest market size during the forecast period
The software segement is further segemened into ETL tools, risk calculation engines, scorecard and visualization tools, dashboard analytics and risk reporting tools, and GRC software, and other software (operational risk management, human resource risk management, and project risk management). The GRC software segment is expected to have the largest market size during the forecast period. GRC (for governance, risk, and compliance) is an organizational strategy for managing governance, risk management, and compliance with industry and government regulations. GRC also refers to an integrated suite of software capabilities for implementing and managing an enterprise GRC program. It assists enterprises in automating and reorganizing the production process to save resources, costs, and the time spent on managing the current compliance mandates.
Based on deployment mode, account for largest market size during the forecast period
The risk analytics market is segmented based on deployment into the cloud and on-premises. . The on-premises deployment of risk analytics solutions empowers organizations by giving them ownership of their data, manage risks, business processes, organization’s internal policies, and adhere to external compliance requirements. The growth of the on-premises deployment mode is attributed to the flexibility to customize the software as per an organization’s dynamic requirements and data security and privacy.
Financial risk segment is expected to have the largest market during the forecast period
Based on risk type the risk analytics market has been segmented into strategic risk, operational risk, financial risk, and others (reputational risk, environmental risk, third-party risk, and economic risk). Strategic risk segment to to hold higher CAGR during the forecast period. Financial risk segment is expected to have the largest market during the forecast period, due to the increasing need to analyze various growth factors that may affect the growth of the organizations.
North America to account for largest market size during the forecast period
Based on region the risk analytics market has been segmented into five major regions: North America, Europe, APAC, Latin America, and MEA. North America is expected to have the largest market share in the year 2022. The increased risk emerging through the present business scenario, the increasing competitiveness among the regulating firms, the latest technological developments in risk analytics, and the increasing growth and investment opportunities in the business organizations are leading to the growth of the risk analytics market in the north America region. North America is the most evolved region with regulations, such as the Dodd-Frank Act, Basel III, Alternative Investment Fund Managers Directive (AIFMD), Financial Transaction Tax (FTT), and IFRS Convergence, governing the financial services industry in this region. This creates the need for risk analytics that can cater to the regulatory and compliance requirements of enterprises in this region and are flexible enough to adapt to local and international jurisdictions easily.
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Key Market Players
The Risk analytics vendors have implemented various types of organic and inorganic growth strategies, such as new product launches, product upgradations, partnerships and agreements, business expansions, and mergers and acquisitions to strengthen their offerings in the market. The major vendors in the global Risk Analytics market include IBM (US), SAP (Germany), SAS (US), Oracle (US), FIS (US), Moody’s Analytics (US), Verisk Analytics (US), Alteryx (US), AxiomSL (US), Gurucul (US), Provenir (US), BRIDGEi2i (India), Recorded Future (US), AcadiaSoft (US), Qlik (US), DataFactZ (US), CubeLogic Limited (UK), Risk Edge Solutions (India), Equarius Risk Analytics (US), Quantifi (US), Actify Data Labs (India), Amlgo Labs (India), Zesty.ai (US), Artivatic (India), Artivatic (US), RiskVille (Ireland), Quantexa (UK), Spin Analytics (UK), Kyvos Insights (US), Imply (US). The study includes an in-depth competitive analysis of these key players in the Risk Analytics market with their company profiles,
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Report Metrics |
Details |
|
Market size available for years |
2016–2027 |
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Base year considered |
2021 |
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Forecast period |
2022–2027 |
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Forecast units |
USD Million/Billion |
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Segments covered |
Component, Deployment Mode, Organization Size, Risk type, Vertical, And Region |
|
Geographies covered |
North America, Europe, APAC, Latin America and MEA |
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Companies covered |
IBM (US), SAP (Germany), SAS (US), Oracle (US), FIS (US), Moody’s Analytics (US), Verisk Analytics (US), Alteryx (US), AxiomSL (US), Gurucul (US), Provenir (US), BRIDGEi2i (India), Recorded Future (US), AcadiaSoft (US), Qlik (US), DataFactZ (US), CubeLogic Limited (UK), Risk Edge Solutions (India), Equarius Risk Analytics (US), Quantifi (US), Actify Data Labs (India), Amlgo Labs (India), Zesty.ai (US), Artivatic (India), Artivatic (US), RiskVille (Ireland), Quantexa (UK), Spin Analytics (UK), Kyvos Insights (US), Imply (US). |
This research report categorizes the risk analytics market based on components, deployment mode, organization size, risk type, vertical, and regions.
By Component:
- Solution
- Software
- Extract, Transform, and Load (ETL) tools
- Risk calculation engines
- Scorecard and visualization tools
- Dashboard analytics and risk reporting tools
- GRC software
- Others (operational risk management, human resource risk management, and project risk management)
- Services
- Professional Services
- Managed Services
- Software
By Deployment Mode:
- Cloud
- On-premises
By Organization Size:
- Large enterprises
- Small and medium-sized enterprises (SMEs)
By Risk Types
- Strategic Risk
- Operational Risk
- Financial Risk
- Others (Reputational Risk, Environmental Risk, Third-Party Risk, And Economic Risk)
By Vertical:
- Banking and Financial Services
- Insurance
- Manufacturing
- Transportation and Logistics
- Retail and Consumer Goods
- IT and Telecom
- Government and Defense
- Healthcare and Life Sciences
- Energy and Utilities
- Others [Travel And Hospitality, Academia And Research, and Media And Entertainment)
By Region:
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Rest of Europe
- APAC
- China
- Japan
- India
- Rest of APAC
- MEA
- Middle East
- Africa
- Latin America
- Brazil
- Mexico
- Rest of Latin America
Recent Developments:
- In February 2022, IBM has acquired Neudesic, a leading U.S. cloud services consultancy specializing primarily in the Microsoft Azure platform, along with bringing skills in multicloud. This acquisition will significantly expand IBM's portfolio of hybrid multicloud services and further advance the company's hybrid cloud and AI strategy.
- In May 2021, Moody's Corporation and RMS announced that they have entered into a definitive agreement for Moody’s to acquire RMS, a leading global provider of climate and natural disaster risk modeling and analytics, for approximately USD 2 billion from Daily Mail and General Trust plc. The acquisition will immediately increase Moody’s insurance data and analytics business to nearly USD 500 million in revenue and will accelerate the development of the Company’s global integrated risk capabilities to address the next generation of risk assessment
- In March 2021, IBM announced IBM OpenPages Data Privacy Management, a new module within the OpenPages platform that enables organizations to meet new data privacy challenges head-on.
- In March 2020, Verisk Analytics announced the expansion of its new InsurTech solution OneXperience into commercial insurance. This expansion will enable agents and businesses to engage and closely collaborate with insurers by sharing video surveys of commercial properties in real time and helping insurers and their customers accelerate the underwriting process.
- In April 2020, Moody's Analytics launched SolvencyWatch Solution for Insurers’ Capital Monitoring. It provides a fast valuation of an insurer’s assets and liabilities.
Frequently Asked Questions (FAQ):
What is Risk analytics?
Risk analytics is a technique that measures, quantifies, and predicts risks from organizational data. It provides a foundation for organizations to get a unified view of enterprise risks and thus, offers more visibility into operational, financial, strategic, and other related risks, enabling decision-makers to make informed decisions. The risk analytics market comprises risk analytics services and software solutions embedded with advanced technologies, such as Artificial Intelligence (AI) and Machine Learning (ML), and techniques that comprehensively measure, quantify, and predict risks through effective data utilization.
Which countries are considered in the European region?
The report includes an analysis of the UK, Germany, and France in the European region.
Which are key verticals adopting Risk analytics solution and services?
Key verticals adopting Risk analytics solution and services include banking and financial services, insurance, manufacturing, transportation and logistics, retail and consumer goods, IT and telecom, government and defense, healthcare and life sciences, energy and utilities, and others (travel and hospitality, academia and research, and media and entertainment).
Which are the key drivers supporting the growth of the Risk Analytics market?
The key drivers supporting the growth of the Risk Analytics market include rising government compliance with stringent industry regulation, growing incidences of data thefts and security breaches, increasing complexities across business processes, and rising digitalization and BPA.
Who are the Major vendors in the Risk Analytics market?
The key vendors operating in the Risk Analytics Market includes IBM (US), SAP (Germany), SAS (US), Oracle (US), and FIS (US) lead the market because of their high-end technological advantages. The other dominant players in the market include Moody’s Analytics (US), Verisk Analytics (US), Alteryx (US), AxiomSL (US), Gurucul (US), Provenir (US), BRIDGEi2i (India), Recorded Future (US), AcadiaSoft (US), Qlik (US), DataFactZ (US), CubeLogic Limited (UK), Risk Edge Solutions (India), Equarius Risk Analytics (US), Quantifi (US), Actify Data Labs (India), Amlgo Labs (India), Zesty.ai (US), Artivatic (India), Artivatic (US), RiskVille (Ireland), Quantexa (UK), Spin Analytics (UK), Kyvos Insights (US), Imply (US). These vendors have adopted different types of organic and inorganic growth strategies such as new product launches, product enhancements, partnerships, and mergers and acquisitions. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 28)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 1 UNITED STATES DOLLAR EXCHANGE RATE, 2019–2021
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 33)
2.1 RESEARCH DATA
FIGURE 1 RISK ANALYTICS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
TABLE 2 PRIMARY INTERVIEWS
2.1.2.1 Breakup of primary profiles
2.1.2.2 Key industry insights
2.2 MARKET BREAKUP AND DATA TRIANGULATION
FIGURE 2 DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
FIGURE 3 RISK ANALYTICS MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES
2.3.1 TOP-DOWN APPROACH
2.3.2 BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 1 (SUPPLY-SIDE): REVENUE FROM SOLUTIONS/SERVICES OF MARKET
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 2, BOTTOM-UP (SUPPLY-SIDE): COLLECTIVE REVENUE FROM ALL SOLUTIONS/SERVICES OF RISK ANALYTICS MARKET
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 3, BOTTOM-UP (DEMAND-SIDE): SHARE OF RISK ANALYTICS THROUGH OVERALL RISK ANALYTICS SPENDING
2.4 MARKET FORECAST
TABLE 3 FACTOR ANALYSIS
2.5 COMPANY EVALUATION MATRIX METHODOLOGY
FIGURE 7 COMPANY EVALUATION MATRIX: CRITERIA WEIGHTAGE
2.6 STARTUP/SME EVALUATION MATRIX METHODOLOGY
FIGURE 8 STARTUP/SME EVALUATION MATRIX: CRITERIA WEIGHTAGE
2.7 ASSUMPTIONS
2.8 LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 46)
TABLE 4 GLOBAL RISK ANALYTICS MARKET SIZE AND GROWTH RATE, 2016–2021 (USD MILLION, Y-O-Y%)
TABLE 5 GLOBAL MARKET SIZE AND GROWTH RATE, 2022–2027 (USD MILLION, Y-O-Y%)
FIGURE 9 SOFTWARE SEGMENT TO HOLD A LARGER MARKET SIZE IN 2022
FIGURE 10 GRC SOFTWARE SEGMENT TO HOLD LARGEST MARKET SIZE IN 2022
FIGURE 11 PROFESSIONAL SERVICES SEGMENT TO HOLD LARGER MARKET SHARE IN 2022
FIGURE 12 ON-PREMISES SEGMENT TO HOLD LARGER MARKET SIZE IN 2022
FIGURE 13 LARGE ENTERPRISES SEGMENT TO HOLD LARGER MARKET SHARE IN 2022
FIGURE 14 FINANCIAL RISK SEGMENT TO HOLD LARGEST MARKET SIZE IN 2022
FIGURE 15 BANKING AND FINANCIAL SERVICES VERTICAL TO HOLD LARGEST MARKET SIZE IN 2022
FIGURE 16 NORTH AMERICA TO HOLD LARGEST MARKET SHARE IN 2022
4 PREMIUM INSIGHTS (Page No. - 51)
4.1 ATTRACTIVE OPPORTUNITIES IN RISK ANALYTICS MARKET
FIGURE 17 GROWING DIGITALIZATION AND BUSINESS PROCESS AUTOMATION TO BOOST MARKET GROWTH
4.2 MARKET: TOP THREE VERTICALS
FIGURE 18 BANKING AND FINANCIAL SERVICES SEGMENT TO HOLD LARGEST MARKET SIZE DURING FORECAST PERIOD
4.3 MARKET, BY REGION
FIGURE 19 NORTH AMERICA TO HOLD LARGEST MARKET SHARE IN 2022
4.4 NORTH AMERICA: MARKET, BY SOFTWARE AND RISK TYPE
FIGURE 20 GRC SOFTWARE SEGMENT AND FINANCIAL RISK SEGMENT TO HOLD LARGEST MARKET SHARE IN 2022
5 MARKET OVERVIEW AND INDUSTRY TRENDS (Page No. - 53)
5.1 INTRODUCTION
5.2 Market Dynamics
FIGURE 21 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: RISK ANALYTICS MARKET
5.2.1 DRIVERS
5.2.1.1 Growing incidences of data thefts and security breaches
5.2.1.2 Rising government compliance with stringent industry regulations
5.2.1.3 Increasing complexities across business processes
5.2.1.4 Rising digitalization and business process automation
5.2.2 RESTRAINTS
5.2.2.1 High cost and complexity in software installation and configuration
5.2.2.2 Intricate nature of regulatory compliance
5.2.3 OPPORTUNITIES
5.2.3.1 Adoption of AI and blockchain technology in market
5.2.3.2 Rising innovations in FinTech industry
5.2.4 CHALLENGES
5.2.4.1 Integration of data from data silos
5.3 PRICING MODEL ANALYSIS
5.4 TRENDS AND DISRUPTIONS IMPACTING BUYERS
FIGURE 22 REVENUE SHIFT FOR RISK ANALYTICS MARKET
5.5 RISK ANALYTICS: EVOLUTION
FIGURE 23 EVOLUTION OF RISK ANALYTICS
5.6 RISK ANALYTICS: ECOSYSTEM
FIGURE 24 ECOSYSTEM OF RISK ANALYTICS
5.7 RISK ANALYTICS MARKET: COVID-19 IMPACT
5.8 CASE STUDY ANALYSIS
5.8.1 USE CASE 1: NEW ZEALAND SUPERANNUATION FUND (NZSF) USED QUANTIFI SOLUTION FOR CREDIT AND LIQUIDITY RISK MANAGEMENT
5.8.2 USE CASE 2: PIRAEUS BANK USED QUANTIFI XVA SOLUTION TO ADDRESS ITS XVA REQUIREMENTS
5.8.3 USE CASE 3: POWER MAPPING ELEMENT OF VERISK MAPLECROFT’S RISK ANALYSIS SERVICE USED FOR INFORMED BUSINESS DECISIONS
5.8.4 USE CASE 4: REGIONAL BANK DEPLOYED ONESPAN RISK ANALYTICS SOLUTION TO DRIVE DOWN FRAUD
5.8.5 USE CASE 5: EMEA-BASED FINANCIAL INSTITUTIONS DEPLOYED IFRS 9 SOLUTION OF AXIOMSL
5.9 VALUE CHAIN ANALYSIS
FIGURE 25 VALUE CHAIN ANALYSIS
5.10 ECOSYSTEM
TABLE 6 RISK ANALYTICS MARKET: ECOSYSTEM
5.11 PATENT ANALYSIS
5.11.1 METHODOLOGY
5.11.2 DOCUMENT TYPE
TABLE 7 PATENTS FILED, 2019–2022
5.11.3 INNOVATION AND PATENT APPLICATIONS
FIGURE 26 TOTAL NUMBER OF PATENTS GRANTED IN A YEAR, 2019–2022
5.11.3.1 Top applicants
FIGURE 27 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS, 2019–2022
5.12 TECHNOLOGY ANALYSIS
5.12.1 RISK ANALYTICS AND ARTIFICIAL INTELLIGENCE
5.12.2 RISK ANALYTICS AND MACHINE LEARNING
5.12.3 RISK ANALYTICS AND INTERNET OF THINGS
5.13 KEY CONFERENCES AND EVENTS IN 2022–2023
TABLE 8 RISK ANALYTICS MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
5.14 PORTER’S FIVE FORCES ANALYSIS
TABLE 9 MARKET: PORTER’S FIVE FORCES ANALYSIS
5.14.1 THREAT OF NEW ENTRANTS
5.14.2 THREAT OF SUBSTITUTES
5.14.3 BARGAINING POWER OF SUPPLIERS
5.14.4 BARGAINING POWER OF BUYERS
5.14.5 INTENSITY OF COMPETITIVE RIVALRY
5.15 TARIFF AND REGULATORY LANDSCAPE
5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 10 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 MIDDLE EAST AND AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 LATIN AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.16 REGULATORY IMPLICATIONS.
5.16.1 ISO 31000 2009: RISK MANAGEMENT PRINCIPLES AND GUIDELINES
5.16.2 ISO/IEC 31010:2009: RISK MANAGEMENT–RISK ASSESSMENT TECHNIQUES
5.16.3 GRC CAPABILITY MODEL 3.0 (RED BOOK)
5.16.4 COMMITTEE OF SPONSORING ORGANIZATIONS: ENTERPRISE RISK MANAGEMENT FRAMEWORK
5.16.5 NORTH AMERICA: REGULATIONS
5.16.5.1 Personal Information Protection and Electronic Documents Act
5.16.5.2 Gramm–Leach–Bliley Act
5.16.5.3 Health Insurance Portability and Accountability Act of 1996
5.16.5.4 California Consumer Privacy Act
5.16.6 EUROPE: REGULATIONS
5.16.6.1 General Data Protection Regulation
5.16.6.2 BASEL
5.16.6.3 European Committee for Standardization
5.16.7 ASIA PACIFIC: REGULATIONS
5.16.7.1 Personal Data Protection Act
5.16.7.2 International Organization for Standardization 27001
5.16.8 MIDDLE EAST AND AFRICA: REGULATIONS
5.16.8.1 Israeli Privacy Protection Regulations (Data Security), 5777-2017
5.16.8.2 GDPR Applicability in KSA
5.16.8.3 Protection of Personal Information Act
5.16.9 LATIN AMERICA: REGULATIONS
5.16.9.1 Brazil Data Protection Law
5.16.9.2 Argentina Personal Data Protection Law No. 25.326
5.17 KEY STAKEHOLDERS AND BUYING CRITERIA
5.17.1 KEY STAKEHOLDERS IN BUYING PROCESS
TABLE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP VERTICALS (%)
5.17.2 BUYING CRITERIA
TABLE 16 KEY BUYING CRITERIA FOR TOP THREE VERTICALS
6 RISK ANALYTICS MARKET, BY COMPONENT (Page No. - 79)
6.1 INTRODUCTION
6.1.1 COMPONENT: MARKET DRIVERS
6.1.2 COMPONENT: COVID-19 IMPACT
FIGURE 28 SERVICES SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
TABLE 17 MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 18 MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
6.2 SOFTWARE
FIGURE 29 GRC SOFTWARE TO HOLD LARGEST MARKET SIZE DURING FORECAST PERIOD
TABLE 19 RISK ANALYTICS SOFTWARE MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 20 RISK ANALYTICS SOFTWARE MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 21 RISK ANALYTICS MARKET, BY SOFTWARE, 2016–2021 (USD MILLION)
TABLE 22 MARKET, BY SOFTWARE, 2022–2027 (USD MILLION)
6.2.1 ETL TOOLS
TABLE 23 ETL TOOLS: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 24 ETL TOOLS: MARKET, BY REGION, 2022–2027 (USD MILLION)
6.2.2 RISK CALCULATION ENGINES
TABLE 25 RISK CALCULATION ENGINES: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 26 RISK CALCULATION ENGINES: MARKET, BY REGION, 2022–2027 (USD MILLION)
6.2.3 SCORECARD AND VISUALIZATION TOOLS
TABLE 27 SCORECARD AND VISUALIZATION TOOLS: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 28 SCORECARD AND VISUALIZATION TOOLS: MARKET, BY REGION, 2022–2027 (USD MILLION)
6.2.4 DASHBOARD ANALYTICS AND RISK REPORTING TOOLS
TABLE 29 DASHBOARD ANALYTICS AND RISK REPORTING TOOLS: RISK ANALYTICS MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 30 DASHBOARD ANALYTICS AND RISK REPORTING TOOLS: MARKET, BY REGION, 2022–2027 (USD MILLION)
6.2.5 GRC SOFTWARE
TABLE 31 GRC SOFTWARE: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 32 GRC SOFTWARE: MARKET, BY REGION, 2022–2027 (USD MILLION)
6.2.6 OTHER SOFTWARE
TABLE 33 OTHER SOFTWARE: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 34 OTHER SOFTWARE: MARKET, BY REGION, 2022–2027 (USD MILLION)
6.3 SERVICES
FIGURE 30 MANAGED SERVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 35 SERVICES: RISK ANALYTICS MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 36 SERVICES: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 37 MARKET, BY SERVICE, 2016–2021 (USD MILLION)
TABLE 38 MARKET, BY SERVICE, 2022–2027 (USD MILLION)
6.3.1 PROFESSIONAL SERVICES
TABLE 39 PROFESSIONAL SERVICES: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 40 PROFESSIONAL SERVICES: MARKET, BY REGION, 2022–2027 (USD MILLION)
6.3.2 MANAGED SERVICES
TABLE 41 MANAGED SERVICES: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 42 MANAGED SERVICES: MARKET, BY REGION, 2022–2027 (USD MILLION)
7 RISK ANALYTICS MARKET, BY DEPLOYMENT MODE (Page No. - 94)
7.1 INTRODUCTION
7.1.1 DEPLOYMENT MODE: MARKET DRIVERS
7.1.2 DEPLOYMENT MODE: COVID-19 IMPACT
FIGURE 31 ON-PREMISES SEGMENT TO HOLD LARGER MARKET SIZE DURING FORECAST PERIOD
TABLE 43 MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION)
TABLE 44 MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION)
7.2 CLOUD
TABLE 45 CLOUD: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 46 CLOUD: MARKET, BY REGION, 2022–2027 (USD MILLION)
7.3 ON-PREMISES
TABLE 47 ON-PREMISES: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 48 ON-PREMISES: MARKET, BY REGION, 2022–2027 (USD MILLION)
8 RISK ANALYTICS MARKET, BY ORGANIZATION SIZE (Page No. - 99)
8.1 INTRODUCTION
8.1.1 ORGANIZATION SIZE: MARKET DRIVERS
8.1.2 ORGANIZATION SIZE: COVID-19 IMPACT
FIGURE 32 SMALL- AND MEDIUM-SIZED ENTERPRISES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 49 MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)
TABLE 50 MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
8.2 LARGE ENTERPRISES
TABLE 51 LARGE ENTERPRISES: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 52 LARGE ENTERPRISES: MARKET, BY REGION, 2022–2027 (USD MILLION)
8.3 SMALL- AND MEDIUM-SIZED ENTERPRISES
TABLE 53 SMALL- AND MEDIUM-SIZED ENTERPRISES: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 54 SMALL- AND MEDIUM-SIZED ENTERPRISES: MARKET, BY REGION, 2022–2027 (USD MILLION)
9 RISK ANALYTICS MARKET, BY RISK TYPE (Page No. - 104)
9.1 INTRODUCTION
9.1.1 RISK TYPE: MARKET DRIVERS
9.1.2 RISK TYPE: COVID-19 IMPACT
FIGURE 33 STRATEGIC RISK SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 55 MARKET, BY RISK TYPE, 2016–2021 (USD MILLION)
TABLE 56 MARKET, BY RISK TYPE, 2022–2027 (USD MILLION)
9.2 STRATEGIC RISK
TABLE 57 STRATEGIC RISK: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 58 STRATEGIC RISK: MARKET, BY REGION, 2022–2027 (USD MILLION)
9.3 OPERATIONAL RISK
TABLE 59 OPERATIONAL RISK: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 60 OPERATIONAL RISK: RISK ANALYTICS MARKET, BY REGION, 2022–2027 (USD MILLION)
9.4 FINANCIAL RISK
TABLE 61 FINANCIAL RISK: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 62 FINANCIAL RISK: MARKET, BY REGION, 2022–2027 (USD MILLION)
9.5 OTHER RISK TYPES
TABLE 63 OTHER RISK TYPES: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 64 OTHER RISK TYPES: MARKET, BY REGION, 2022–2027 (USD MILLION)
10 RISK ANALYTICS MARKET, BY VERTICAL (Page No. - 111)
10.1 INTRODUCTION
10.1.1 VERTICAL: MARKET DRIVERS
10.1.2 VERTICAL: COVID-19 IMPACT
FIGURE 34 HEALTHCARE AND LIFE SCIENCES VERTICAL TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 65 MARKET, BY VERTICAL, 2016–2021 (USD MILLION)
TABLE 66 MARKET SIZE, BY VERTICAL, 2022–2027 (USD MILLION)
10.2 BANKING AND FINANCIAL SERVICES
TABLE 67 BANKING AND FINANCIAL SECTOR SERVICES: USE CASES
TABLE 68 BANKING AND FINANCIAL SERVICES: RISK ANALYTICS MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 69 BANKING AND FINANCIAL SERVICES: MARKET, BY REGION, 2022–2027 (USD MILLION)
10.3 INSURANCE
TABLE 70 INSURANCE: USE CASES
TABLE 71 INSURANCE: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 72 INSURANCE: MARKET, BY REGION, 2022–2027 (USD MILLION)
10.4 MANUFACTURING
TABLE 73 MANUFACTURING: USE CASES
TABLE 74 MANUFACTURING: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 75 MANUFACTURING: MARKET, BY REGION, 2022–2027 (USD MILLION)
10.5 TRANSPORTATION AND LOGISTICS
TABLE 76 TRANSPORTATION AND LOGISTICS: USE CASES
TABLE 77 TRANSPORTATION AND LOGISTICS: RISK ANALYTICS MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 78 TRANSPORTATION AND LOGISTICS: MARKET, BY REGION, 2022–2027 (USD MILLION)
10.6 RETAIL AND CONSUMER GOODS
TABLE 79 RETAIL AND CONSUMER GOODS: USE CASES
TABLE 80 RETAIL AND CONSUMER GOODS: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 81 RETAIL AND CONSUMER GOODS: MARKET, BY REGION, 2022–2027 (USD MILLION)
10.7 IT AND TELECOM
TABLE 82 IT AND TELECOM: USE CASES
TABLE 83 IT AND TELECOM: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 84 IT AND TELECOM: MARKET, BY REGION, 2022–2027 (USD MILLION)
10.8 GOVERNMENT AND DEFENSE
TABLE 85 GOVERNMENT AND DEFENSE: USE CASES
TABLE 86 GOVERNMENT AND DEFENSE: RISK ANALYTICS MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 87 GOVERNMENT AND DEFENSE: MARKET, BY REGION, 2022–2027 (USD MILLION)
10.9 HEALTHCARE AND LIFE SCIENCES
TABLE 88 HEALTHCARE AND LIFE SCIENCES: USE CASES
TABLE 89 HEALTHCARE AND LIFE SCIENCES: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 90 HEALTHCARE AND LIFE SCIENCES: MARKET, BY REGION, 2022–2027 (USD MILLION)
10.10 ENERGY AND UTILITIES
TABLE 91 ENERGY AND UTILITIES: USE CASES
TABLE 92 ENERGY AND UTILITIES: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 93 ENERGY AND UTILITIES: MARKET, BY REGION, 2022–2027 (USD MILLION)
10.11 OTHER VERTICALS
TABLE 94 OTHER VERTICALS: USE CASES
TABLE 95 OTHER VERTICALS: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 96 OTHER VERTICALS: MARKET, BY REGION, 2022–2027 (USD MILLION)
11 RISK ANALYTICS MARKET, BY REGION (Page No. - 128)
11.1 INTRODUCTION
FIGURE 35 INDIA TO ACCOUNT FOR HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 36 ASIA PACIFIC TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
TABLE 97 MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 98 MARKET, BY REGION, 2022–2027 (USD MILLION)
11.2 NORTH AMERICA
11.2.1 NORTH AMERICA: MARKET DRIVERS
11.2.2 NORTH AMERICA: COVID-19 IMPACT
FIGURE 37 NORTH AMERICA: MARKET SNAPSHOT
TABLE 99 NORTH AMERICA: RISK ANALYTICS MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 100 NORTH AMERICA: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 101 NORTH AMERICA: MARKET, BY SOFTWARE, 2016–2021 (USD MILLION)
TABLE 102 NORTH AMERICA: MARKET, BY SOFTWARE, 2022–2027 (USD MILLION)
TABLE 103 NORTH AMERICA: MARKET, BY SERVICE, 2016–2021 (USD MILLION)
TABLE 104 NORTH AMERICA: MARKET, BY SERVICE, 2022–2027 (USD MILLION)
TABLE 105 NORTH AMERICA: MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION)
TABLE 106 NORTH AMERICA: MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION)
TABLE 107 NORTH AMERICA: MARKET, BY RISK TYPE, 2016–2021 (USD MILLION)
TABLE 108 NORTH AMERICA: RISK ANALYTICS MARKET, BY RISK TYPE, 2022–2027 (USD MILLION)
TABLE 109 NORTH AMERICA: MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)
TABLE 110 NORTH AMERICA: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
TABLE 111 NORTH AMERICA: MARKET, BY VERTICAL, 2016–2021 (USD MILLION)
TABLE 112 NORTH AMERICA: MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 113 NORTH AMERICA: MARKET, BY COUNTRY, 2016–2021 (USD MILLION)
TABLE 114 NORTH AMERICA: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
11.2.3 US
TABLE 115 US: RISK ANALYTICS MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 116 US: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 117 US: MARKET, BY RISK TYPE, 2016–2021 (USD MILLION)
TABLE 118 US: MARKET, BY RISK TYPE, 2022–2027 (USD MILLION)
11.2.4 CANADA
TABLE 119 CANADA: MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 120 CANADA: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 121 CANADA: MARKET, BY RISK TYPE, 2016–2021 (USD MILLION)
TABLE 122 CANADA: MARKET, BY RISK TYPE, 2022–2027 (USD MILLION)
11.3 EUROPE
11.3.1 EUROPE: RISK ANALYTICS MARKET DRIVERS
11.3.2 EUROPE: COVID-19 IMPACT
TABLE 123 EUROPE: MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 124 EUROPE: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 125 EUROPE: MARKET, BY SOFTWARE, 2016–2021 (USD MILLION)
TABLE 126 EUROPE: MARKET, BY SOFTWARE, 2022–2027 (USD MILLION)
TABLE 127 EUROPE: MARKET, BY SERVICE, 2016–2021 (USD MILLION)
TABLE 128 EUROPE: MARKET, BY SERVICE, 2022–2027 (USD MILLION)
TABLE 129 EUROPE: MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION)
TABLE 130 EUROPE: MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION)
TABLE 131 EUROPE: RISK ANALYTICS MARKET, BY RISK TYPE, 2016–2021 (USD MILLION)
TABLE 132 EUROPE: MARKET, BY RISK TYPE, 2022–2027 (USD MILLION)
TABLE 133 EUROPE: MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)
TABLE 134 EUROPE: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
TABLE 135 EUROPE: MARKET, BY VERTICAL, 2016–2021 (USD MILLION)
TABLE 136 EUROPE: MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 137 EUROPE: MARKET, BY COUNTRY, 2016–2021 (USD MILLION)
TABLE 138 EUROPE: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
11.3.3 UK
TABLE 139 UK: RISK ANALYTICS MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 140 UK: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 141 UK: MARKET, BY RISK TYPE, 2016–2021 (USD MILLION)
TABLE 142 UK: MARKET, BY RISK TYPE, 2022–2027 (USD MILLION)
11.3.4 GERMANY
TABLE 143 GERMANY: MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 144 GERMANY: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 145 GERMANY: MARKET, BY RISK TYPE, 2016–2021 (USD MILLION)
TABLE 146 GERMANY: MARKET, BY RISK TYPE, 2022–2027 (USD MILLION)
11.3.5 FRANCE
TABLE 147 FRANCE: RISK ANALYTICS MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 148 FRANCE: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 149 FRANCE: MARKET, BY RISK TYPE, 2016–2021 (USD MILLION)
TABLE 150 FRANCE: MARKET, BY RISK TYPE, 2022–2027 (USD MILLION)
11.3.6 REST OF EUROPE
TABLE 151 REST OF EUROPE: MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 152 REST OF EUROPE: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 153 REST OF EUROPE: MARKET, BY RISK TYPE, 2016–2021 (USD MILLION)
TABLE 154 REST OF EUROPE: MARKET, BY RISK TYPE, 2022–2027 (USD MILLION)
11.4 ASIA PACIFIC
11.4.1 ASIA PACIFIC: RISK ANALYTICS MARKET DRIVERS
11.4.2 ASIA PACIFIC: COVID-19 IMPACT
FIGURE 38 ASIA PACIFIC: MARKET SNAPSHOT
TABLE 155 ASIA PACIFIC: MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 156 ASIA PACIFIC: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 157 ASIA PACIFIC: MARKET SIZE, BY SOFTWARE, 2016–2021 (USD MILLION)
TABLE 158 ASIA PACIFIC: MARKET SIZE, BY SOFTWARE, 2022–2027 (USD MILLION)
TABLE 159 ASIA PACIFIC: MARKET SIZE, BY SERVICE, 2016–2021 (USD MILLION)
TABLE 160 ASIA PACIFIC: MARKET SIZE, BY SERVICE, 2022–2027 (USD MILLION)
TABLE 161 ASIA PACIFIC: MARKET SIZE, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION)
TABLE 162 ASIA PACIFIC: MARKET SIZE, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION)
TABLE 163 ASIA PACIFIC: RISK ANALYTICS MARKET SIZE, BY RISK TYPE, 2016–2021 (USD MILLION)
TABLE 164 ASIA PACIFIC: MARKET SIZE, BY RISK TYPE, 2022–2027 (USD MILLION)
TABLE 165 ASIA PACIFIC: MARKET SIZE, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)
TABLE 166 ASIA PACIFIC: MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
TABLE 167 ASIA PACIFIC: MARKET SIZE, BY VERTICAL, 2016–2021 (USD MILLION)
TABLE 168 ASIA PACIFIC: MARKET SIZE, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 169 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2016–2021 (USD MILLION)
TABLE 170 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
11.4.3 CHINA
TABLE 171 CHINA: RISK ANALYTICS MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 172 CHINA: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 173 CHINA: MARKET, BY RISK TYPE, 2016–2021 (USD MILLION)
TABLE 174 CHINA: MARKET, BY RISK TYPE, 2022–2027 (USD MILLION)
11.4.4 JAPAN
TABLE 175 JAPAN: MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 176 JAPAN: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 177 JAPAN: MARKET, BY RISK TYPE, 2016–2021 (USD MILLION)
TABLE 178 JAPAN: MARKET, BY RISK TYPE, 2022–2027 (USD MILLION)
11.4.5 INDIA
TABLE 179 INDIA: RISK ANALYTICS MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 180 INDIA: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 181 INDIA: MARKET, BY RISK TYPE, 2016–2021 (USD MILLION)
TABLE 182 INDIA: MARKET, BY RISK TYPE, 2022–2027 (USD MILLION)
11.4.6 REST OF ASIA PACIFIC
TABLE 183 REST OF ASIA PACIFIC: MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 184 REST OF ASIA PACIFIC: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 185 REST OF ASIA PACIFIC: MARKET, BY RISK TYPE, 2016–2021 (USD MILLION)
TABLE 186 REST OF ASIA PACIFIC: MARKET, BY RISK TYPE, 2022–2027 (USD MILLION)
11.5 MIDDLE EAST AND AFRICA
11.5.1 MIDDLE EAST AND AFRICA: RISK ANALYTICS MARKET DRIVERS
11.5.2 MIDDLE EAST AND AFRICA: COVID-19 IMPACT
TABLE 187 MIDDLE EAST AND AFRICA: MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 188 MIDDLE EAST AND AFRICA: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 189 MIDDLE EAST AND AFRICA: MARKET, BY SOFTWARE, 2016–2021 (USD MILLION)
TABLE 190 MIDDLE EAST AND AFRICA: MARKET, BY SOFTWARE, 2022–2027 (USD MILLION)
TABLE 191 MIDDLE EAST AND AFRICA: MARKET, BY SERVICE, 2016–2021 (USD MILLION)
TABLE 192 MIDDLE EAST AND AFRICA: MARKET, BY SERVICE, 2022–2027 (USD MILLION)
TABLE 193 MIDDLE EAST AND AFRICA: MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION)
TABLE 194 MIDDLE EAST AND AFRICA: MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION)
TABLE 195 MIDDLE EAST AND AFRICA: RISK ANALYTICS MARKET, BY RISK TYPE, 2016–2021 (USD MILLION)
TABLE 196 MIDDLE EAST AND AFRICA: MARKET, BY RISK TYPE, 2022–2027 (USD MILLION)
TABLE 197 MIDDLE EAST AND AFRICA: MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)
TABLE 198 MIDDLE EAST AND AFRICA: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
TABLE 199 MIDDLE EAST AND AFRICA: MARKET, BY VERTICAL, 2016–2021 (USD MILLION)
TABLE 200 MIDDLE EAST AND AFRICA: MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 201 MIDDLE EAST AND AFRICA: MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 202 MIDDLE EAST AND AFRICA: MARKET, BY REGION, 2022–2027 (USD MILLION)
11.5.3 MIDDLE EAST
TABLE 203 MIDDLE EAST: RISK ANALYTICS MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 204 MIDDLE EAST: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 205 MIDDLE EAST: MARKET, BY RISK TYPE, 2016–2021 (USD MILLION)
TABLE 206 MIDDLE EAST: MARKET, BY RISK TYPE, 2022–2027 (USD MILLION)
11.5.4 AFRICA
TABLE 207 AFRICA: MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 208 AFRICA: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 209 AFRICA: MARKET, BY RISK TYPE, 2016–2021 (USD MILLION)
TABLE 210 AFRICA: MARKET, BY RISK TYPE, 2022–2027 (USD MILLION)
11.6 LATIN AMERICA
11.6.1 LATIN AMERICA: RISK ANALYTICS MARKET DRIVERS
11.6.2 LATIN AMERICA: COVID-19 IMPACT
TABLE 211 LATIN AMERICA: MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 212 LATIN AMERICA: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 213 LATIN AMERICA: MARKET, BY SOFTWARE, 2016–2021 (USD MILLION)
TABLE 214 LATIN AMERICA: MARKET, BY SOFTWARE, 2022–2027 (USD MILLION)
TABLE 215 LATIN AMERICA: MARKET, BY SERVICE, 2016–2021 (USD MILLION)
TABLE 216 LATIN AMERICA: MARKET, BY SERVICE, 2022–2027 (USD MILLION)
TABLE 217 LATIN AMERICA: MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION)
TABLE 218 LATIN AMERICA: MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION)
TABLE 219 LATIN AMERICA: RISK ANALYTICS MARKET, BY RISK TYPE, 2016–2021 (USD MILLION)
TABLE 220 LATIN AMERICA: MARKET, BY RISK TYPE, 2022–2027 (USD MILLION)
TABLE 221 LATIN AMERICA: MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)
TABLE 222 LATIN AMERICA: MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
TABLE 223 LATIN AMERICA: MARKET, BY VERTICAL, 2016–2021 (USD MILLION)
TABLE 224 LATIN AMERICA: MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 225 LATIN AMERICA: MARKET, BY COUNTRY, 2016–2021 (USD MILLION)
TABLE 226 LATIN AMERICA: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
11.6.3 BRAZIL
TABLE 227 BRAZIL: RISK ANALYTICS MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 228 BRAZIL: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 229 BRAZIL: MARKET, BY RISK TYPE, 2016–2021 (USD MILLION)
TABLE 230 BRAZIL: MARKET, BY RISK TYPE, 2022–2027 (USD MILLION)
11.6.4 MEXICO
TABLE 231 MEXICO: MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 232 MEXICO: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 233 MEXICO: MARKET, BY RISK TYPE, 2016–2021 (USD MILLION)
TABLE 234 MEXICO: MARKET, BY RISK TYPE, 2022–2027 (USD MILLION)
11.6.5 REST OF LATIN AMERICA
TABLE 235 REST OF LATIN AMERICA: RISK ANALYTICS MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 236 REST OF LATIN AMERICA: MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 237 REST OF LATIN AMERICA: MARKET, BY RISK TYPE, 2016–2021 (USD MILLION)
TABLE 238 REST OF LATIN AMERICA: MARKET, BY RISK TYPE, 2022–2027 (USD MILLION)
12 COMPETITIVE LANDSCAPE (Page No. - 183)
12.1 OVERVIEW
12.2 STRATEGIES OF KEY PLAYERS
TABLE 239 OVERVIEW OF STRATEGIES DEPLOYED BY KEY PLAYERS IN MARKET
12.3 REVENUE ANALYSIS
FIGURE 39 REVENUE ANALYSIS OF KEY COMPANIES IN PAST FIVE YEARS
12.4 MARKET SHARE ANALYSIS
FIGURE 40 RISK ANALYTICS MARKET SHARE ANALYSIS
TABLE 240 MARKET: DEGREE OF COMPETITION
12.5 COMPANY EVALUATION QUADRANT
12.5.1 STARS
12.5.2 EMERGING LEADERS
12.5.3 PERVASIVE PLAYERS
12.5.4 PARTICIPANTS
FIGURE 41
12.6 STARTUP/SME EVALUATION QUADRANT
12.6.1 PROGRESSIVE COMPANIES
12.6.2 RESPONSIVE COMPANIES
12.6.3 DYNAMIC COMPANIES
12.6.4 STARTING BLOCKS
FIGURE 42 STARTUP/SME RISK ANALYTICS MARKET EVALUATION MATRIX, 2020
12.7 COMPETITIVE BENCHMARKING
TABLE 241 MARKET: DETAILED LIST OF KEY STARTUPS/SMES
TABLE 242 MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS (STARTUPS/SMES)
12.8 COMPETITIVE SCENARIO
12.8.1 PRODUCT LAUNCHES
TABLE 243 PRODUCT LAUNCHES, 2018–2021
12.8.2 DEALS
TABLE 244 DEALS, 2018–2022
12.8.3 OTHERS
TABLE 245 OTHERS, 2019–2021
13 COMPANY PROFILES (Page No. - 198)
13.1 INTRODUCTION
13.2 KEY PLAYERS
(Business Overview, Solutions, Products & Services,
13.2.1 IBM
TABLE 246 IBM: BUSINESS OVERVIEW
FIGURE 43 IBM: COMPANY SNAPSHOT
TABLE 247 IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 248 IBM: PRODUCT LAUNCHES, 2018–2021
TABLE 249 IBM: DEALS, 2018–2022
13.2.2 SAP
TABLE 250 SAP: BUSINESS OVERVIEW
FIGURE 44 SAP: COMPANY SNAPSHOT
TABLE 251 SAP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 252 SAP: PRODUCT LAUNCHES, 2018–2022
TABLE 253 SAP: DEALS, 2019–2020
TABLE 254 SAP: OTHERS, 2020
13.2.3 SAS INSTITUTE
TABLE 255 SAS INSTITUTE: BUSINESS OVERVIEW
FIGURE 45 SAS INSTITUTE: COMPANY SNAPSHOT
TABLE 256 SAS INSTITUTE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 257 SAS INSTITUTE: PRODUCT LAUNCHES, 2018–2020
TABLE 258 SAS INSTITUTE: DEALS, 2018–2022
TABLE 259 SAS INSTITUTE: OTHERS, 2019
13.2.4 ORACLE
TABLE 260 ORACLE: BUSINESS OVERVIEW
FIGURE 46 ORACLE: COMPANY SNAPSHOT
TABLE 261 ORACLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 262 ORACLE: PRODUCT LAUNCHES, 2019–2020
TABLE 263 ORACLE: DEALS, 2018–2021
13.2.5 FIS
TABLE 264 FIS: BUSINESS OVERVIEW
FIGURE 47 FIS: COMPANY SNAPSHOT
TABLE 265 FIS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 266 FIS: DEALS, 2019–2021
13.2.6 MOODY’S ANALYTICS
TABLE 267 MOODY’S ANALYTICS: BUSINESS OVERVIEW
TABLE 268 MOODY’S ANALYTICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 269 MOODY’S ANALYTICS: PRODUCT LAUNCHES, 2018–2021
TABLE 270 MOODY’S ANALYTICS: DEALS, 2018–2021
13.2.7 VERISK ANALYTICS
TABLE 271 VERISK ANALYTICS: BUSINESS OVERVIEW
TABLE 272 VERISK ANALYTICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 273 VERISK ANALYTICS: PRODUCT LAUNCHES, 2019–2020
TABLE 274 VERISK ANALYTICS: DEALS, 2019–2020
13.2.8 ALTERYX
TABLE 275 ALTERYX: BUSINESS OVERVIEW
TABLE 276 ALTERYX: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 277 ALTERYX: PRODUCT LAUNCHES, 2020
TABLE 278 ALTERYX: DEALS, 2019–2021
13.2.9 AXIOMSL
TABLE 279 AXIOMSL: BUSINESS OVERVIEW
TABLE 280 AXIOMSL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 281 AXIOMSL: PRODUCT LAUNCHES, 2018
TABLE 282 AXIOMSL: DEALS, 2019–2021
TABLE 283 AXIOMSL: OTHERS, 2019
13.2.10 GURUCUL
TABLE 284 GURUCUL: BUSINESS OVERVIEW
TABLE 285 GURUCUL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 286 GURUCUL: PRODUCT LAUNCHES, 2018–2020
13.2.11 PROVENIR
TABLE 287 PROVENIR: BUSINESS OVERVIEW
TABLE 288 PROVENIR: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 289 PROVENIR: PRODUCT LAUNCHES, 2021
13.2.12 BRIDGEI2I
TABLE 290 BRIDGEI2I: BUSINESS OVERVIEW
TABLE 291 BRIDGEI2I: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 292 BRIDGEI2I: PRODUCT LAUNCHES, 2018–2020
TABLE 293 BRIDGEI2I: DEALS, 2020
13.2.13 RECORDED FUTURE
TABLE 294 RECORDED FUTURE: BUSINESS OVERVIEW
TABLE 295 RECORDED FUTURE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 296 RECORDED FUTURE: PRODUCT LAUNCHES, 2019–2021
TABLE 297 RECORDED FUTURE: DEALS, 2019–2021
13.2.14 ACADIASOFT
TABLE 298 ACADIASOFT: BUSINESS OVERVIEW
TABLE 299 ACADIASOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 300 ACADIASOFT: DEALS, 2020–2021
13.2.15 QLIK
TABLE 301 QLIK: BUSINESS OVERVIEW
TABLE 302 QLIK: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 303 QLIK: DEALS, 2018–2020
13.2.16 DATAFACTZ
13.2.17 CUBELOGIC LIMITED
13.2.18 RISK EDGE SOLUTIONS
13.2.19 EQUARIUS RISK ANALYTICS
13.2.20 QUANTIFI
*Details on Business Overview, Solutions, Products & Services, Recent Developments, MnM View might not be captured in case of unlisted companies.
13.3 STARTUP/SME PROFILES
13.3.1 ACTIFY DATA LABS
13.3.2 AMLGO LABS
13.3.3 ZESTY.AI
13.3.4 ARTIVATIC
13.3.5 ATTESTIV
13.3.6 RISKVILLE
13.3.7 QUANTEXA
13.3.8 SPIN ANALYTICS
13.3.9 KYVOS INSIGHTS
13.3.10 IMPLY
14 ADJACENT AND RELATED MARKETS (Page No. - 257)
14.1 INTRODUCTION
14.2 INSURANCE ANALYTICS MARKET
14.2.1 MARKET DEFINITION
14.2.2 MARKET OVERVIEW
14.2.2.1 Insurance analytics market, by component
TABLE 304 INSURANCE ANALYTICS MARKET, BY COMPONENT, 2016–2019 (USD MILLION)
TABLE 305 INSURANCE ANALYTICS MARKET, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 306 SERVICES: INSURANCE ANALYTICS MARKET, BY TYPE, 2016–2019 (USD MILLION)
TABLE 307 SERVICES: INSURANCE ANALYTICS MARKET, BY TYPE, 2020–2026 (USD MILLION)
14.2.2.2 Insurance analytics market, by application
TABLE 308 APPLICATIONS: INSURANCE ANALYTICS MARKET, BY TYPE, 2016–2019 (USD MILLION)
TABLE 309 APPLICATIONS: INSURANCE ANALYTICS MARKET, BY TYPE, 2020–2026 (USD MILLION)
14.2.2.3 Insurance analytics market, by deployment mode
TABLE 310 INSURANCE ANALYTICS MARKET, BY DEPLOYMENT MODE, 2016–2019 (USD MILLION)
TABLE 311 INSURANCE ANALYTICS MARKET, BY DEPLOYMENT MODE, 2020–2026 (USD MILLION)
14.2.2.4 Insurance analytics market, by organization size
TABLE 312 INSURANCE ANALYTICS MARKET, BY ORGANIZATION SIZE, 2016–2019 (USD MILLION)
TABLE 313 INSURANCE ANALYTICS MARKET, BY ORGANIZATION SIZE, 2020–2026 (USD MILLION)
14.2.2.5 Insurance analytics market, by end user
TABLE 314 INSURANCE ANALYTICS MARKET, BY END USER, 2016–2019 (USD MILLION)
TABLE 315 INSURANCE ANALYTICS MARKET, BY END USER, 2020–2026 (USD MILLION)
14.2.2.6 Insurance analytics market, by region
TABLE 316 INSURANCE ANALYTICS MARKET, BY REGION, 2016–2019 (USD MILLION)
TABLE 317 INSURANCE ANALYTICS MARKET, BY REGION, 2020–2026 (USD MILLION)
14.3 FRAUD DETECTION AND PREVENTION MARKET
14.3.1 MARKET DEFINITION
14.3.2 MARKET OVERVIEW
14.3.2.1 Fraud detection and prevention market, by fraud type
TABLE 318 FRAUD DETECTION AND PREVENTION MARKET, BY FRAUD TYPE, 2014–2019 (USD MILLION)
TABLE 319 FRAUD DETECTION AND PREVENTION MARKET, BY FRAUD TYPE, 2019–2025 (USD MILLION)
14.3.2.2 Fraud detection and prevention market, by component
TABLE 320 FRAUD DETECTION AND PREVENTION MARKET, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 321 FRAUD DETECTION AND PREVENTION MARKET, BY COMPONENT, 2019–2025 (USD MILLION)
TABLE 322 SOLUTIONS: FRAUD DETECTION AND PREVENTION MARKET, BY TYPE, 2014–2019 (USD MILLION)
TABLE 323 SOLUTIONS: FRAUD DETECTION AND PREVENTION MARKET, BY TYPE, 2019–2025 (USD MILLION)
TABLE 324 SERVICES: FRAUD DETECTION AND PREVENTION MARKET, BY TYPE, 2014–2019 (USD MILLION)
TABLE 325 SERVICES: FRAUD DETECTION AND PREVENTION MARKET, BY TYPE, 2019–2025 (USD MILLION)
14.3.2.3 Fraud detection and prevention market, by deployment mode
TABLE 326 FRAUD DETECTION AND PREVENTION MARKET, BY DEPLOYMENT MODE, 2014–2019 (USD MILLION)
TABLE 327 FRAUD DETECTION AND PREVENTION MARKET, BY DEPLOYMENT MODE, 2019–2025 (USD MILLION)
14.3.2.4 Fraud detection and prevention market, by organization size
TABLE 328 FRAUD DETECTION AND PREVENTION MARKET, BY ORGANIZATION SIZE, 2014–2019 (USD MILLION)
TABLE 329 FRAUD DETECTION AND PREVENTION MARKET, BY ORGANIZATION SIZE, 2019–2025 (USD MILLION)
14.3.2.5 Fraud detection and prevention market, by vertical
TABLE 330 FRAUD DETECTION AND PREVENTION MARKET, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 331 FRAUD DETECTION AND PREVENTION MARKET, BY VERTICAL, 2019–2025 (USD MILLION)
14.3.2.6 Fraud detection and prevention market, by region
TABLE 332 FRAUD DETECTION AND PREVENTION MARKET, BY REGION, 2014–2019 (USD MILLION)
TABLE 333 FRAUD DETECTION AND PREVENTION MARKET, BY REGION, 2019–2025 (USD MILLION)
15 APPENDIX (Page No. - 271)
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 AVAILABLE CUSTOMIZATIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
The study involved four major activities in estimating the current market size of the risk analytics market. Extensive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were used to estimate the total market size. After that, the market breakup and data triangulation procedures were used to estimate the market size of the segments and subsegments of the risk analytics market.
Secondary Research
In the secondary research process, various sources were referred to for identifying and collecting information for the study. The secondary sources included annual reports, press releases, investor presentations of companies; white papers; journals; and certified publications and articles from recognized authors, directories, and databases.
Primary Research
Various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information on the market. The primary sources from the supply side included various industry experts, including Chief X Officers (CXOs); Vice Presidents (VPs); directors from business development, marketing, and product development/innovation teams; related key executives from Risk analytics solution vendors, system integrators, professional service providers, industry associations, and consultants; and key opinion leaders. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
The following is the breakup of primary profiles:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the Risk analytics market. The top-down approach was used to derive the revenue contribution of top vendors and their offerings in the market. The bottom-up approach was used to arrive at the overall market size of the global Risk Analytics market using key companies’ revenue and their offerings in the market. The research methodology used to estimate the market size includes the following:
- The key players in the market were identified through extensive secondary research.
- The market size, in terms of value, was determined through primary and secondary research processes.
- All percentages, shares, and breakups were determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakup procedures were employed, wherever applicable. The overall market size was then used in the top-down procedure to estimate the size of other individual markets via percentage splits of the market segmentation.
Report Objectives
- To define, describe, and predict the risk analytics market by component (software type and services), risk type, organization size, deployment mode, vertical, and region
- To provide detailed information related to major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the market growth
- To analyze opportunities in the market and provide details of the competitive landscape for stakeholders and market leaders
- To forecast the market size of segments for five main regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America
- To profile key players and comprehensively analyze their market rankings and core competencies
- To analyze competitive developments, such as partnerships, new product launches, and mergers and acquisitions, in the risk analytics market
- To analyze the impact of the COVID-19 pandemic on the risk analytics market
Available Customizations
With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
- Product matrix provides a detailed comparison of the product portfolio of each company
Geographic Analysis
- Further breakup of the North American Risk analytics market
- Further breakup of the European market
- Further breakup of the APAC market
- Further breakup of the Latin American market
- Further breakup of the MEA market
Company Information
- Detailed analysis and profiling of additional market players up to 5
Growth opportunities and latent adjacency in Risk Analytics Market
We're trying to better understand the capital markets risk management space market sizing.