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Global Risk Analytics Market by Offering (Software (ETL Tools, Risk Calculation Engines, GRC Software), Services), Risk Type (Strategic Risk, Operational Risk, Financial Risk, Regulatory Risk), Risk Stages, Vertical and Region - Forecast to 2029

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    Report

  • 343 Pages
  • April 2024
  • Region: Global
  • Markets and Markets
  • ID: 5333005
The global risk analytics market is valued at USD 59.7 billion in 2024 and is estimated to reach USD 180.9 billion in 2029, registering a CAGR of 24.8% during the forecast period. Risk analytics is a multidimensional approach used by organizations to identify, assess, and mitigate potential risks that may impact their operations, finances, reputation, or strategic objectives. At its core, risk analytics leverages data-driven insights and sophisticated algorithms to provide organizations with a comprehensive understanding of their risk landscape, enabling informed decision-making and proactive risk management strategies. Embracing risk analytics methodologies organizations can enhance their risk intelligence, enabling them to anticipate, assess, and mitigate risks effectively, ultimately safeguarding their long-term success and resilience.

By offering, the Software segment is projected to hold the largest market size during the forecast period.

The software segment within the risk analytics market is experiencing robust growth due to several key factors driving demand and adoption. Firstly, technological advancements have significantly enhanced the capabilities of risk analytics software, allowing for more sophisticated and comprehensive analysis of various types of risks faced by businesses across industries.

These advancements include the integration of artificial intelligence, machine learning, and big data analytics, which enable more accurate risk assessment and predictive modeling. Moreover, the increasing complexity and interconnectedness of global markets have heightened the need for effective risk management solutions. Businesses are facing a myriad of risks, including financial, operational, regulatory, and cyber risks, which require sophisticated analytics tools to identify, assess, and mitigate effectively. Risk analytics software offers businesses the ability to analyze large volumes of data from diverse sources in real-time, enabling proactive risk management strategies and informed decision-making.

By type, ETL tools is registered to grow at the highest CAGR during the forecast period.

The growth of ETL (Extract, Transform, Load) tools can be attributed to several factors. Firstly, the increasing volume and complexity of data generated by various sources necessitate robust data management solutions, and ETL tools provide a structured framework for handling this data efficiently. Additionally, the demand for real-time or near-real-time analytics requires agile data integration processes, which ETL tools can facilitate through their ability to extract data from diverse sources and transform it into actionable insights swiftly.

The rising emphasis on regulatory compliance mandates comprehensive data governance practices, and ETL tools offer features such as data quality management and audit trails that align with these requirements, thereby mitigating compliance risks. Furthermore, as organizations seek to enhance their risk modeling capabilities, ETL tools enable the integration of disparate data sets for more accurate and holistic risk assessments. Lastly, the growing adoption of cloud-based solutions and the need for scalability and flexibility in data management further drive the uptake of ETL tools, as they often offer cloud-native architectures and support for big data processing frameworks, ensuring adaptability to evolving business needs and technological landscapes within the risk analytics domain.

Asia Pacific is projected to witness the highest CAGR during the forecast period.

The Risk analytics market is experiencing a profound impact from the Asia-Pacific (APAC) region, propelled by its swift uptake of cutting-edge analytics, machine learning, and AI technologies. Key sectors such as finance, healthcare, and retail are harnessing data-driven insights to sharpen decision-making processes and secure competitive edges. APAC's escalating digital transformation endeavors, coupled with a surge in cloud computing and big data analytics platforms, are stoking the demand for Risk analytics solutions. The region's relentless drive to optimize operational efficiencies, enhance customer experiences, and achieve business scalability is fueling substantial investments and fostering innovation within the Risk analytics market across various industries.

Breakdown of primaries

In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the risk analytics market.
  • By Company: Tier I: 35%, Tier II: 45%, and Tier III: 20%
  • By Designation: C-Level Executives: 35%, Directors: 25%, and Others: 40%
  • By Region: North America: 45%, Europe: 20%, Asia Pacific: 30%, RoW: 5%
Major vendors offering risk analytics solution and services across the globe are IBM (US), SAS Institute (US), Oracle (US), FIS(US), Moody’s Analytics (US), ProcessUnity(US), ServiceNow (US), Marsh (US), Aon (UK), MetricStream (US), Resolver (Canada), SAP (Germany), Milliman(US), LogicManager(US), Provenir(US), SAI360(US), Deloitte(UK), OneTrust(US), Diligent(US), Alteryx(US), CRISIL(India), Archer(US), ZestyAI(US), Fusion Risk Management(US), RiskVille(Ireland), SPIN Analytics(UK), Kyvos Insights(US), Imperva(US), Cirium(UK), Quantexa(UK), ClickUp(US), Sprinto(US), Ventiv(US), Adenza(US), Centrl.AI(Canada), SafetyCulture(Australia), Quantifi(US), CubeLogic(UK), Onspring(US), Riskoptics(US).

Research Coverage

The market study covers risk analytics across segments. It aims at estimating the market size and the growth potential across different segments, such as offering, risk type, risk stages, verticals, and region. It includes an in-depth competitive analysis of the key players in the market, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report

The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market for risk analytics and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Growing incidences data theft and security breaches, Rising government compliance with stringent industry regulations, Increasing complexities across business processes Rising digitalization and business process automation, Growing Awareness of Risk Management to fuel the growth of the market), restraints (High cost and complexity in software installation and configuration, Resistance to Change, Inability to quantify RoI), opportunities (Adoption of AI and blockchain technology in the market, Rising innovations in the FinTech industry, Increasing workforce management investments, Surging adoption of proactively assessing and mitigating potential risks in supply chain operations), and challenges (Integration of data from data silos, Scarcity of highly skilled professionals in the field of risk management) influencing the growth of the risk analytics market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the risk analytics market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the risk analytics market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in risk analytics market strategies; the report also helps stakeholders understand the pulse of the risk analytics market and provides them with information on key market drivers, restraints, challenges, and opportunities.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as IBM (US), Oracle (US), Aon(US),Moody’s Analytics(US) and FIS(US) among others in the risk analytics market.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions and Exclusions
1.3 Study Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.3.3 Years Considered
1.4 Currency Considered
Table 1 USD Exchange Rate, 2020-2023
1.5 Stakeholders
1.6 Summary of Changes
1.6.1 Recession Impact
2 Research Methodology
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 Data Triangulation
Figure 2 Risk Analytics Market: Data Triangulation
2.3 Market Size Estimation
Figure 3 Top-Down and Bottom-Up Approaches
2.3.1 Top-Down Approach
2.3.2 Bottom-Up Approach
Figure 4 Approach 1 (Supply-Side): Revenue of Software/Services of Risk Analytics Market
Figure 5 Approach 2, Bottom-Up (Supply-Side): Collective Revenue of All Risk Analytics Software/Services
Figure 6 Approach 3, Bottom-Up (Supply-Side): Collective Revenue from All Risk Analytics Software/Services
Figure 7 Approach 4, Bottom-Up (Demand-Side): Share of Risk Analytics Through Overall Risk Analytics Spending
2.4 Market Forecast
Table 3 Factor Analysis
2.5 Research Assumptions
2.6 Limitations
2.7 Implication of Recession on Global Risk Analytics Market
Table 4 Recession Impact on Risk Analytics Market
3 Executive Summary
Table 5 Global Risk Analytics Market and Growth Rate, 2019-2023 (USD Million, Y-O-Y%)
Table 6 Global Risk Analytics Market and Growth Rate, 2024-2029 (USD Million, Y-O-Y%)
Figure 8 Software Segment Expected to Account for Largest Market in 2024
Figure 9 Grc Software Estimated to Account for Largest Market in 2024
Figure 10 Cloud Deployment Estimated to Account for Largest Market in 2024
Figure 11 Professional Services Segment Estimated to Account for Largest Market in 2024
Figure 12 Consulting Services Segment Estimated to Holdlargest Market in 2024
Figure 13 Risk Identification Segment Estimated to Account for Largest Market in 2024
Figure 14 Strategic Risk Segment Estimated to Account for Largest Market in 2024
Figure 15 Operational Risk Segment Estimated to Account for Largest Market in 2024
Figure 16 BFSI Estimated to Account for Largest Market in 2024
Figure 17 North America Market Estimated to Account for Largest Share in 2024
4 Premium Insights
4.1 Attractive Opportunities in Risk Analytics Market
Figure 18 Growing Advent of ML & AI to Maximize Potential of Risk Analytics
4.2 Overview of Recession in Global Risk Analytics Market
Figure 19 Risk Analytics Market to Witness Minor Decline in Y-O-Y Growth in 2024
4.3 Risk Analytics Market, by Risk Stage
Figure 20 Risk Identification Segment Estimated to Account for Largest Market
4.4 Risk Analytics Market, by Offering and Key Vertical
Figure 21 Software and BFSI Segments Estimated to Account for Significant Market Shares
4.5 Risk Analytics Market, by Region
Figure 22 North America Dominated Risk Analytics Market in 2024
5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
Figure 23 Drivers, Restraints, Opportunities, and Challenges: Risk Analytics Market
5.2.1 Drivers
5.2.1.1 Growing Incidences of Data Theft 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
5.2.1.5 Growing Awareness of Risk Management
5.2.2 Restraints
5.2.2.1 High Cost and Complexity in Software Installation and Configuration
5.2.2.2 Resistance to Change
5.2.3 Opportunities
5.2.3.1 Adoption of AI and Blockchain Technology
5.2.3.2 Rising Innovations in Fintech Industry
5.2.3.3 Increasing Workforce Management Investments
5.2.3.4 Surging Adoption of Proactively Assessing and Mitigating Potential Risks in Supply Chain Operations
5.2.4 Challenges
5.2.4.1 Integration of Data from Data Silos
5.2.4.2 Scarcity of Highly Skilled Professionals in Field of Risk Management
5.3 Case Study Analysis
5.3.1 Mastercard Built Safer Payments Ecosystem with Fourth-Party Risk Monitoring Program
5.3.2 Sandvik's Treasury Team Transformed Its Disparate Processes with Fis Treasury and Risk Manager - Quantum Edition and Fis Payment Hub - Enterprise Edition
5.3.3 Zengrc Platform Helped Aera Technology Manage Compliance Initiatives Efficiently
5.3.4 New Zealand Superannuation Fund (Nzsf) Used Quantifi's Solution for Credit and Liquidity Risk Management
5.3.5 Piraeus Bank Used Quantifi Xva Solution to Address Its Regulatory Requirements
5.3.6 Power Mapping Element of Verisk Maplecroft's Risk Analysis Service Utilized to Inform Business Decisions
5.3.7 Regional Bank Deployed Onespan Risk Analytics Solution to Curtail Fraud
5.3.8 Bank Deployed Axiomsl's Ifrs 9 Solution for Data and Credit Model Transparency
5.4 Evolution of Risk Analytics Market
Figure 24 Evolution of Risk Analytics Market
5.5 Ecosystem Analysis
Figure 25 Key Players in Risk Analytics Market Ecosystem
Table 7 Role of Players in Risk Analytics Market Ecosystem
5.5.1 Software Providers
5.5.2 Service Providers
5.5.3 End-users
5.5.4 Regulatory Bodies
5.6 Technological Analysis
5.6.1 Key Technologies
5.6.1.1 Artificial Intelligence (AI)
5.6.1.2 Big Data
5.6.1.3 Cybersecurity
5.6.2 Adjacent Technologies
5.6.2.1 Cloud Computing
5.6.2.2 Internet of Things (IoT)
5.6.3 Complementary Technologies
5.6.3.1 AR/VR
5.6.3.2 RPA
5.7 Regulatory Landscape
5.7.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 8 North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 9 Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 10 Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 11 Middle East & Africa: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 Latin America: List of Regulatory Bodies, Government Agencies, and Other Organizations
5.7.1.1 North America
5.7.1.1.1 US
5.7.1.1.2 Canada
5.7.1.2 Europe
5.7.1.3 Asia-Pacific
5.7.1.3.1 China
5.7.1.3.2 India
5.7.1.3.3 Japan
5.7.1.4 Middle East & Africa
5.7.1.4.1 UAE
5.7.1.4.2 Ksa
5.7.1.4.3 South Africa
5.7.1.5 Latin America
5.7.1.5.1 Brazil
5.7.1.5.2 Mexico
5.8 Supply Chain Analysis
Figure 26 Supply Chain Analysis
5.9 Pricing Analysis
5.9.1 Average Selling Price Trends of Key Players, by Software Type
Figure 27 Average Selling Price Trends of Key Players, by Software Type
Table 13 Average Selling Price Trends of Key Players, by Software Type
5.9.2 Indicative Pricing Analysis of Risk Analytics, by Offering
Table 14 Indicative Pricing Levels of Risk Analytics, by Offering
5.10 Key Conferences & Events in 2024-2025
Table 15 Risk Analytics Market: Detailed List of Conferences & Events
5.11 Patent Analysis
5.11.1 Methodology
5.11.2 Patents Filed, by Document Type
Table 16 Patents Filed, 2013-2023
5.11.3 Innovation and Patent Applications
Figure 28 Number of Patents Granted, 2013-2023
5.11.3.1 Top Ten Applicants in Risk Analytics Market
Figure 29 Top Ten Applicants in Risk Analytics Market, 2013-2023
Figure 30 Regional Analysis of Patents Granted for Risk Analytics Market, 2013-2023
Table 17 Top 20 Patent Owners in Risk Analytics Market, 2013-2023
Table 18 List of Few Patents Granted in Risk Analytics Market, 2022-2023
5.12 Porter's Five Forces’ Analysis
Figure 31 Porter's Five Forces’ Analysis
Table 19 Risk Analytics Market: Porter's Five Forces’ Analysis
5.12.1 Threat of New Entrants
5.12.2 Threat of Substitutes
5.12.3 Bargaining Power of Suppliers
5.12.4 Bargaining Power of Buyers
5.12.5 Intensity of Competitive Rivalry
5.13 Key Stakeholders & Buying Criteria
5.13.1 Key Stakeholders in Buying Process
Figure 32 Influence of Stakeholders on Buying Process for Key Verticals
Table 20 Influence of Stakeholders on Buying Process for Key Verticals
5.13.2 Buying Criteria
Figure 33 Key Buying Criteria for Top Three Verticals
Table 21 Key Buying Criteria for Top Three Verticals
5.14 Trends/Disruptions Impacting Customers’ Businesses
Figure 34 Trends/Disruptions Impacting Customers’ Businesses
5.15 Risk Analytics Techniques/Tools
5.15.1 Failure Mode and Effects Analysis (Fmea)
5.15.2 Risk Matrix
5.15.3 Bowtie Model
5.15.4 Decision Tree
5.16 Investment and Funding Scenario
Figure 35 Risk Analytics Market: Investment Landscape, 2019-2023
6 Risk Analytics Market, by Offering
6.1 Introduction
6.1.1 Offering: Risk Analytics Market Drivers
Figure 36 Services Segment to Lead Market During Forecast Period
Table 22 Risk Analytics Market, by Offering, 2019-2023 (USD Million)
Table 23 Risk Analytics Market, by Offering, 2024-2029 (USD Million)
6.2 Software
6.2.1 Risk Analytics Software to Facilitate Compliance Monitoring and Vendor Risk Management
Table 24 Risk Analytics Software Market, by Region, 2019-2023 (USD Million)
Table 25 Risk Analytics Software Market, by Region, 2024-2029 (USD Million)
6.2.2 Type
Figure 37 Grc Software Segment Estimated to Account for Largest Market Share During Forecast Period
Table 26 Risk Analytics Market, by Type, 2019-2023 (USD Million)
Table 27 Risk Analytics Market, by Type, 2024-2029 (USD Million)
6.2.2.1 Etl Tools
Table 28 Etl Tools: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 29 Etl Tools: Risk Analytics Market, by Region, 2024-2029 (USD Million)
6.2.2.2 Risk Calculation Engines
Table 30 Risk Calculation Engines: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 31 Risk Calculation Engines: Risk Analytics Market, by Region, 2024-2029 (USD Million)
6.2.2.3 Scorecard & Visualization Tools
Table 32 Scorecard & Visualization Tools: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 33 Scorecard & Visualization Tools: Risk Analytics Market, by Region, 2024-2029 (USD Million)
6.2.2.4 Risk Reporting Tools
Table 34 Risk Reporting Tools: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 35 Risk Reporting Tools: Risk Analytics Market, by Region, 2024-2029 (USD Million)
6.2.2.4.1 Pre-Built Parameterized Standard Reports
6.2.2.4.2 Drill Down & Through Reporting
6.2.2.4.3 Audit & Data Quality Reports
6.2.2.4.4 Enterprise Reporting
6.2.2.4.5 Compliance Reporting
6.2.2.4.6 Other Risk Reporting Tools
6.2.2.5 Dashboard Analytics
Table 36 Dashboard Analytics: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 37 Dashboard Analytics: Risk Analytics Market, by Region, 2024-2029 (USD Million)
6.2.2.6 Grc Software
Table 38 Grc Software: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 39 Grc Software: Risk Analytics Market, by Region, 2024-2029 (USD Million)
6.2.2.7 Other Types
Table 40 Other Types: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 41 Other Types: Risk Analytics Market, by Region, 2024-2029 (USD Million)
6.2.3 Deployment Mode
Figure 38 Cloud Segment to Lead Market During Forecast Period
Table 42 Risk Analytics Market, by Deployment Mode, 2019-2023 (USD Million)
Table 43 Risk Analytics Market, by Deployment Mode, 2024-2029 (USD Million)
6.2.3.1 Cloud
Table 44 Cloud: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 45 Cloud: Risk Analytics Market, by Region, 2024-2029 (USD Million)
6.2.3.2 On-Premises
Table 46 On-Premises: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 47 On-Premises: Risk Analytics Market, by Region, 2024-2029 (USD Million)
6.3 Services
6.3.1 Navigating Landscape of Risk with Analytics Services
Figure 39 Professional Services Segment to Account for Largest Market Share During Forecast Period
Table 48 Services: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 49 Services: Risk Analytics Market, by Region, 2024-2029 (USD Million)
6.3.2 Professional Services
Figure 40 System & Maintenance Segment to Lead Market During Forecast Period
Table 50 Professional Services: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 51 Professional Services: Risk Analytics Market, by Region, 2024-2029 (USD Million)
6.3.2.1 Consulting Services
Table 52 Consulting Services: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 53 Consulting Services: Risk Analytics Market, by Region, 2024-2029 (USD Million)
6.3.2.2 Deployment & Integration
Table 54 Deployment & Integration: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 55 Deployment & Integration: Risk Analytics Market, by Region, 2024-2029 (USD Million)
6.3.2.3 Support & Maintenance
Table 56 Support & Maintenance: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 57 Support & Maintenance: Risk Analytics Market, by Region, 2024-2029 (USD Million)
6.3.3 Managed Services
Table 58 Managed Services: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 59 Managed Services: Risk Analytics Market, by Region, 2024-2029 (USD Million)
7 Risk Analytics Market, by Risk Type
7.1 Introduction
7.1.1 Risk Type: Risk Analytics Market Drivers
Figure 41 Regulatory Risk Segment Expected to Grow at Highest CAGR During Forecast Period
Table 60 Risk Analytics Market, by Risk Type, 2019-2023 (USD Million)
Table 61 Risk Analytics Market, by Risk Type, 2024-2029 (USD Million)
7.2 Strategic Risk
7.2.1 Risk Analytics to Offer Predictive Capabilities, Scenario Analysis, and Comprehensive Risk Assessments
Figure 42 Financial Risk Segment Expected to Grow at Highest CAGR During Forecast Period
Table 62 Strategic Risk: Risk Analytics Market, by Type, 2019-2023 (USD Million)
Table 63 Strategic Risk: Risk Analytics Market, by Type, 2024-2029 (USD Million)
Table 64 Strategic Risk: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 65 Strategic Risk: Risk Analytics Market, by Region, 2024-2029 (USD Million)
7.2.2 Operational Risk
Table 66 Operational Risk: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 67 Operational Risk: Risk Analytics Market, by Region, 2024-2029 (USD Million)
7.2.2.1 Real-Time Monitoring
7.2.2.2 Automated Risk Assessments
7.2.2.3 Equipment Failures
7.2.2.4 Human Errors
7.2.2.5 Supply Chain Disruptions
7.2.2.6 Model Risk
7.2.2.7 Other Operational Risk Types
7.2.3 Reputational Risk
Table 68 Reputational Risk: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 69 Reputational Risk: Risk Analytics Market, by Region, 2024-2029 (USD Million)
7.2.3.1 Negative Publicity
7.2.3.2 Customer Dissatisfaction
7.2.3.3 Competitive Risk
7.2.3.4 Product Recall Risk
7.2.3.5 Ethical Controversies
7.2.3.6 Proactive Crisis Management
7.2.3.7 Other Reputational Risks
7.2.4 Political Risk
Table 70 Political Risk: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 71 Political Risk: Risk Analytics Market, by Region, 2024-2029 (USD Million)
7.2.4.1 Political Instability
7.2.4.2 Trade Restrictions
7.2.4.3 Tax Policy Reform
7.2.4.4 Other Political Risks
7.2.5 Governance Risk
Table 72 Governance Risk: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 73 Governance Risk: Risk Analytics Market, by Region, 2024-2029 (USD Million)
7.2.5.1 Weak Corporate Governance
7.2.5.2 Lack of Oversight
7.2.5.3 Data Retention
7.2.5.4 Other Governance Risks
7.2.6 Financial Risk
Table 74 Financial Risk: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 75 Financial Risk: Risk Analytics Market, by Region, 2024-2029 (USD Million)
7.2.6.1 Capital Management
7.2.6.2 Trading Risk
7.2.6.3 Inadequate Financial Planning
7.2.6.4 Liquidity Risk
7.2.6.5 Credit Risk
7.2.6.6 Anti-Money Laundering
7.2.6.7 Payment Fraud Detection
7.2.6.8 Other Financial Risks
7.3 Regulatory Risk
Table 76 Regulatory Risk: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 77 Regulatory Risk: Risk Analytics Market, by Region, 2024-2029 (USD Million)
7.3.1 Tariffs and Trade Policies
7.3.2 Minimum Wage Laws
7.3.3 Lack of Awareness and Training
7.3.4 Other Regulatory Risks
7.4 Environmental Risk
7.4.1 Environmental Risk Management for Balancing Sustainability and Growth
Table 78 Environmental Risk: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 79 Environmental Risk: Risk Analytics Market, by Region, 2024-2029 (USD Million)
7.4.2 Natural Disasters
7.4.3 Climate Change
7.4.4 Pollution
7.4.5 Biodiversity Loss
7.4.6 Human Activities
7.4.7 Toxic Hazard Risk Assessment
7.4.8 Other Environmental Risks
7.5 Other Risk Types
Table 80 Other Risk Types: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 81 Other Risk Types: Risk Analytics Market, by Region, 2024-2029 (USD Million)
8 Risk Analytics Market, by Risk Stage
8.1 Introduction
8.1.1 Risk Stage: Risk Analytics Market Drivers
Figure 43 Risk Assessment & Prioritization Segment Expected to Grow at Highest CAGR During Forecast Period
Table 82 Risk Analytics Market, by Risk Stage, 2019-2023 (USD Million)
Table 83 Risk Analytics Market, by Risk Stage, 2024-2029 (USD Million)
8.2 Risk Identification
8.2.1 Systematic Identification of Risks to Help Businesses Proactively Implement Mitigation Strategies and Allocate Resources Effectively
Table 84 Risk Identification: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 85 Risk Identification: Risk Analytics Market, by Region, 2024-2029 (USD Million)
8.3 Risk Assessment & Prioritization
8.3.1 Systematic Approach to Ensure Risk Management Strategies are Aligned with Business Objectives
Table 86 Risk Assessment & Prioritization: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 87 Risk Assessment & Prioritization: Risk Analytics Market, by Region, 2024-2029 (USD Million)
8.4 Risk Response & Mitigation
8.4.1 Mitigation of Potential Risks to Ensure Cost Savings and Regulatory Compliance
Table 88 Risk Response & Mitigation: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 89 Risk Response & Mitigation: Risk Analytics Market, by Region, 2024-2029 (USD Million)
8.5 Risk Monitoring
8.5.1 Ongoing Surveillance to Help Navigate Uncertainties and Maintain Resilience
Table 90 Risk Monitoring: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 91 Risk Monitoring: Risk Analytics Market, by Region, 2024-2029 (USD Million)
8.6 Risk Reporting
8.6.1 Effective Risk Reporting Essential for Maintaining Stability, Ensuring Compliance, and Supporting Strategic Decision-Making
Table 92 Risk Reporting: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 93 Risk Reporting: Risk Analytics Market, by Region, 2024-2029 (USD Million)
9 Risk Analytics Market, by Vertical
9.1 Introduction
9.1.1 Vertical: Risk Analytics Drivers
Figure 44 BFSI Segment to Account for the Largest Market by 2029
Table 94 Risk Analytics Market, by Vertical, 2019-2023 (USD Million)
Table 95 Risk Analytics Market, by Vertical, 2024-2029 (USD Million)
9.2 BFSI
9.2.1 Risk Analytics to Assist in Making Informed Data-Driven Decisions and Enhance Operational Efficiency
Table 96 Banking, Financial Services, and Insurance: Use Cases
Table 97 BFSI: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 98 BFSI: Risk Analytics Market, by Region, 2024-2029 (USD Million)
9.3 Retail & Ecommerce
9.3.1 Risk Analytics to Help Identify, Assess, and Mitigate Various Risks
Table 99 Retail & Ecommerce: Use Cases
Table 100 Retail & Ecommerce: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 101 Retail & Ecommerce: Risk Analytics Market, by Region, 2024-2029 (USD Million)
9.4 Healthcare & Life Sciences
9.4.1 Data Analysis Techniques to Identify, Evaluate, and Manage Risks Across Various Domains
Table 102 Healthcare & Life Sciences: Use Cases
Table 103 Healthcare & Life Sciences: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 104 Healthcare & Life Sciences: Risk Analytics Market, by Region, 2024-2029 (USD Million)
9.5 Telecommunications
9.5.1 Technological Advancements to Enable Identification of System Anomalies and Detection of Fraudulent Activities
Table 105 Telecommunications: Use Cases
Table 106 Telecommunications: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 107 Telecommunications: Risk Analytics Market, by Region, 2024-2029 (USD Million)
9.6 Energy & Utilities
9.6.1 Risk Analytics Tools to Identify and Address Environmental Risks
Table 108 Energy & Utilities: Use Cases
Table 109 Energy & Utilities: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 110 Energy & Utilities: Risk Analytics Market, by Region, 2024-2029 (USD Million)
9.7 Manufacturing
9.7.1 Regular Reporting and Monitoring to Help Track Risks and Threats
Table 111 Manufacturing: Use Cases
Table 112 Manufacturing: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 113 Manufacturing: Risk Analytics Market, by Region, 2024-2029 (USD Million)
9.8 Transportation & Logistics
9.8.1 Risk Management Solutions to Foster Culture of Safety and Responsibility
Table 114 Transportation & Logistics: Use Cases
Table 115 Transportation & Logistics: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 116 Transportation & Logistics: Risk Analytics Market, by Region, 2024-2029 (USD Million)
9.9 Government & Defense
9.9.1 Risk Analytics to Help Protect Public Finances and Strengthen Overall Governance
Table 117 Government & Defense: Use Cases
Table 118 Government & Defense: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 119 Government & Defense: Risk Analytics Market, by Region, 2024-2029 (USD Million)
9.10 Mining
9.10.1 Advanced Analytics Tools to Help Companies Assess Environmental Risks and Implement Sustainable Practices
Table 120 Mining: Use Cases
Table 121 Mining: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 122 Mining: Risk Analytics Market, by Region, 2024-2029 (USD Million)
9.11 Construction
9.11.1 Quantification of Risks to Assist in Project Planning, Resource Allocation, Procurement, and Contract Management
Table 123 Construction: Use Cases
Table 124 Construction: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 125 Construction: Risk Analytics Market, by Region, 2024-2029 (USD Million)
9.12 Other Verticals
Table 126 Other Verticals: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 127 Other Verticals: Risk Analytics Market, by Region, 2024-2029 (USD Million)
10 Risk Analytics Market, by Region
10.1 Introduction
Figure 45 North America to Account for Largest Share During Forecast Period
Figure 46 India to Witness Fastest Growth During Forecast Period
Table 128 Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 129 Risk Analytics Market, by Region, 2024-2029 (USD Million)
10.2 North America
10.2.1 North America: Risk Analytics Market Drivers
10.2.2 North America: Impact of Recession
Figure 47 North America: Risk Analytics Market Snapshot
Table 130 North America: Risk Analytics Market, by Offering, 2019-2023 (USD Million)
Table 131 North America: Risk Analytics Market, by Offering, 2024-2029 (USD Million)
Table 132 North America: Risk Analytics Market, by Type, 2019-2023 (USD Million)
Table 133 North America: Risk Analytics Market, by Type, 2024-2029 (USD Million)
Table 134 North America: Risk Analytics Market, by Service, 2019-2023 (USD Million)
Table 135 North America: Risk Analytics Market, by Service, 2024-2029 (USD Million)
Table 136 North America: Risk Analytics Market, by Professional Service, 2019-2023 (USD Million)
Table 137 North America: Risk Analytics Market, by Professional Service, 2024-2029 (USD Million)
Table 138 North America: Risk Analytics Market, by Deployment Mode, 2019-2023 (USD Million)
Table 139 North America: Risk Analytics Market, by Deployment Mode, 2024-2029 (USD Million)
Table 140 North America: Risk Analytics Market, by Risk Stage, 2019-2023 (USD Million)
Table 141 North America: Risk Analytics Market, by Risk Stage, 2024-2029 (USD Million)
Table 142 North America: Risk Analytics Market, by Risk Type, 2019-2023 (USD Million)
Table 143 North America: Risk Analytics Market, by Risk Type, 2024-2029 (USD Million)
Table 144 North America: Risk Analytics Market, by Strategic Risk, 2019-2023 (USD Million)
Table 145 North America: Risk Analytics Market, by Strategic Risk, 2024-2029 (USD Million)
Table 146 North America: Risk Analytics Market, by Vertical, 2019-2023 (USD Million)
Table 147 North America: Risk Analytics Market, by Vertical, 2024-2029 (USD Million)
Table 148 North America: Risk Analytics Market, by Country, 2019-2023 (USD Million)
Table 149 North America: Risk Analytics Market, by Country, 2024-2029 (USD Million)
10.2.3 US
10.2.3.1 Swift Evolution of IT Domain Coupled with Industrial Advancements to Propel Market
Table 150 US: Risk Analytics Market, by Offering, 2019-2023 (USD Million)
Table 151 US: Risk Analytics Market, by Offering, 2024-2029 (USD Million)
Table 152 US: Risk Analytics Market, by Type, 2019-2023 (USD Million)
Table 153 US: Risk Analytics Market, by Type, 2024-2029 (USD Million)
Table 154 US: Risk Analytics Market, by Service, 2019-2023 (USD Million)
Table 155 US: Risk Analytics Market, by Service, 2024-2029 (USD Million)
Table 156 US: Risk Analytics Market, by Professional Service, 2019-2023 (USD Million)
Table 157 US: Risk Analytics Market, by Professional Service, 2024-2029 (USD Million)
Table 158 US: Risk Analytics Market, by Deployment Mode, 2019-2023 (USD Million)
Table 159 US: Risk Analytics Market, by Deployment Mode, 2024-2029 (USD Million)
10.2.4 Canada
10.2.4.1 Increased Transition Toward Cloud-based Deployment Models to Accelerate Market Growth
10.3 Europe
10.3.1 Europe: Risk Analytics Market Drivers
10.3.2 Europe: Recession Impact
Table 160 Europe: Risk Analytics Market, by Offering, 2019-2023 (USD Million)
Table 161 Europe: Risk Analytics Market, by Offering, 2024-2029 (USD Million)
Table 162 Europe: Risk Analytics Market, by Type, 2019-2023 (USD Million)
Table 163 Europe: Risk Analytics Market, by Type, 2024-2029 (USD Million)
Table 164 Europe: Risk Analytics Solutions Market, by Service, 2019-2023 (USD Million)
Table 165 Europe: Risk Analytics Solutions Market, by Service, 2024-2029 (USD Million)
Table 166 Europe: Risk Analytics Market, by Professional Service, 2019-2023 (USD Million)
Table 167 Europe: Risk Analytics Market, by Professional Service, 2024-2029 (USD Million)
Table 168 Europe: Risk Analytics Market, by Deployment Mode, 2019-2023 (USD Million)
Table 169 Europe: Risk Analytics Market, by Deployment Mode, 2024-2029 (USD Million)
Table 170 Europe: Risk Analytics Market, by Risk Stage, 2019-2023 (USD Million)
Table 171 Europe: Risk Analytics Market, by Risk Stage, 2024-2029 (USD Million)
Table 172 Europe: Risk Analytics Market, by Risk Type, 2019-2023 (USD Million)
Table 173 Europe: Risk Analytics Market, by Risk Type, 2024-2029 (USD Million)
Table 174 Europe: Risk Analytics Market, by Strategic Risk, 2019-2023 (USD Million)
Table 175 Europe: Risk Analytics Market, by Strategic Risk, 2024-2029 (USD Million)
Table 176 Europe: Risk Analytics Market, by Vertical, 2019-2023 (USD Million)
Table 177 Europe: Risk Analytics Market, by Vertical, 2024-2029 (USD Million)
Table 178 Europe: Risk Analytics Market, by Country, 2019-2023 (USD Million)
Table 179 Europe: Risk Analytics Market, by Country, 2024-2029 (USD Million)
10.3.3 UK
10.3.3.1 Proactive Risk Management Strategies to Navigate Uncertainties and Safeguard Operations to Boost Market
Table 180 UK: Risk Analytics Market, by Offering, 2019-2023 (USD Million)
Table 181 UK: Risk Analytics Market, by Offering, 2024-2029 (USD Million)
Table 182 UK: Risk Analytics Market, by Type, 2019-2023 (USD Million)
Table 183 UK: Risk Analytics Market, by Type, 2024-2029 (USD Million)
Table 184 UK: Risk Analytics Market, by Service, 2019-2023 (USD Million)
Table 185 UK: Risk Analytics Market, by Service, 2024-2029 (USD Million)
Table 186 UK: Risk Analytics Market, by Professional Service, 2019-2023 (USD Million)
Table 187 UK: Risk Analytics Market, by Professional Service, 2024-2029 (USD Million)
Table 188 UK: Risk Analytics Market, by Deployment Mode, 2019-2023 (USD Million)
Table 189 UK: Risk Analytics Market, by Deployment Mode, 2024-2029 (USD Million)
10.3.4 Germany
10.3.4.1 Rise in Tech Advancements and Growing Demand for Data-Driven Solutions to Spur Growth
10.3.5 France
10.3.5.1 Strategic Collaborations Among Technology Entities, Research Bodies, and Startups to Foster Market Growth
10.3.6 Italy
10.3.6.1 Increasing Regulatory Complexity, Demand for Skilled Professionals, and Rising Risk Management Needs to Drive Market
10.3.7 Spain
10.3.7.1 Government Initiatives Aimed at Promoting Digital Transformation and Innovation to Accelerate Adoption of Risk Analytics
10.3.8 Rest of Europe
10.4 Asia-Pacific
10.4.1 Asia-Pacific: Risk Analytics Market Drivers
10.4.2 Asia-Pacific: Recession Impact
Figure 48 Asia-Pacific: Risk Analytics Market Snapshot
Table 190 Asia-Pacific: Risk Analytics Market, by Offering, 2019-2023 (USD Million)
Table 191 Asia-Pacific: Risk Analytics Market, by Offering, 2024-2029 (USD Million)
Table 192 Asia-Pacific: Risk Analytics Market, by Type, 2019-2023 (USD Million)
Table 193 Asia-Pacific: Risk Analytics Market, by Type, 2024-2029 (USD Million)
Table 194 Asia-Pacific: Risk Analytics Market, by Service, 2019-2023 (USD Million)
Table 195 Asia-Pacific: Risk Analytics Market, by Service, 2024-2029 (USD Million)
Table 196 Asia-Pacific: Risk Analytics Market, by Professional Service, 2019-2023 (USD Million)
Table 197 Asia-Pacific: Risk Analytics Market, by Professional Service, 2024-2029 (USD Million)
Table 198 Asia-Pacific: Risk Analytics Market, by Deployment Mode, 2019-2023 (USD Million)
Table 199 Asia-Pacific: Risk Analytics Market, by Deployment Mode, 2024-2029 (USD Million)
Table 200 Asia-Pacific: Risk Analytics Market, by Risk Stage, 2019-2023 (USD Million)
Table 201 Asia-Pacific: Risk Analytics Market, by Risk Stage, 2024-2029 (USD Million)
Table 202 Asia-Pacific: Risk Analytics Market, by Risk Type, 2019-2023 (USD Million)
Table 203 Asia-Pacific: Risk Analytics Market, by Risk Type, 2024-2029 (USD Million)
Table 204 Asia-Pacific: Risk Analytics Market, by Strategic Risk, 2019-2023 (USD Million)
Table 205 Asia-Pacific: Risk Analytics Market, by Strategic Risk, 2024-2029 (USD Million)
Table 206 Asia-Pacific: Risk Analytics Market, by Vertical, 2019-2023 (USD Million)
Table 207 Asia-Pacific: Risk Analytics Market, by Vertical, 2024-2029 (USD Million)
Table 208 Asia-Pacific: Risk Analytics Market, by Country, 2019-2023 (USD Million)
Table 209 Asia-Pacific: Risk Analytics Market, by Country, 2024-2029 (USD Million)
10.4.3 China
10.4.3.1 Integration of Risk Analytics Solutions into Operational Frameworks to Drive Market
Table 210 China: Risk Analytics Market, by Offering, 2019-2023 (USD Million)
Table 211 China: Risk Analytics Market, by Offering, 2024-2029 (USD Million)
Table 212 China: Risk Analytics Market, by Type, 2019-2023 (USD Million)
Table 213 China: Risk Analytics Market, by Type, 2024-2029 (USD Million)
Table 214 China: Risk Analytics Market, by Service, 2019-2023 (USD Million)
Table 215 China: Risk Analytics Market, by Service, 2024-2029 (USD Million)
Table 216 China: Risk Analytics Market, by Professional Service, 2019-2023 (USD Million)
Table 217 China: Risk Analytics Market, by Professional Service, 2024-2029 (USD Million)
Table 218 China: Risk Analytics Market, by Deployment Mode, 2019-2023 (USD Million)
Table 219 China: Risk Analytics Market, by Deployment Mode, 2024-2029 (USD Million)
10.4.4 India
10.4.4.1 Rising Need for Real-Time Analytics and Industry-Specific Risk Management Requirements to Boost Market Growth
10.4.5 Japan
10.4.5.1 Adoption of Risk Appetite Frameworks and Stress Testing in Banks to Drive Market
10.4.6 South Korea
10.4.6.1 Rising Adoption of Geospatial Analytics Across Diverse Industries to Boost Market
10.4.7 Singapore
10.4.7.1 Need to Manage Various Risks, Including Financial and Operational Risks, to Drive Demand for Risk Analytics Tools
10.4.8 Malaysia
10.4.8.1 Increasing Adoption of Digital Technologies and Growing Demand for Risk Management in Various Industries to Foster Growth
10.4.9 Australia & New Zealand
10.4.9.1 Rising Uptake of Cloud-based Solutions and Heightened Awareness of Cybersecurity Threats to Propel Market
10.4.10 Rest of Asia-Pacific
10.5 Middle East & Africa
10.5.1 Middle East & Africa: Risk Analytics Market Drivers
10.5.2 Middle East & Africa: Impact of Recession
Table 220 Middle East & Africa: Risk Analytics Market, by Offering, 2019-2023 (USD Million)
Table 221 Middle East & Africa: Risk Analytics Market, by Offering, 2024-2029 (USD Million)
Table 222 Middle East & Africa: Risk Analytics Market, by Type, 2019-2023 (USD Million)
Table 223 Middle East & Africa: Risk Analytics Market, by Type, 2024-2029 (USD Million)
Table 224 Middle East & Africa: Risk Analytics Market, by Service, 2019-2023 (USD Million)
Table 225 Middle East & Africa: Risk Analytics Market, by Service, 2024-2029 (USD Million)
Table 226 Middle East & Africa: Risk Analytics Market, by Professional Service, 2019-2023 (USD Million)
Table 227 Middle East & Africa: Risk Analytics Market, by Professional Service, 2024-2029 (USD Million)
Table 228 Middle East & Africa: Risk Analytics Market, by Deployment Mode, 2019-2023 (USD Million)
Table 229 Middle East & Africa: Risk Analytics Market, by Deployment Mode, 2024-2029 (USD Million)
Table 230 Middle East & Africa: Risk Analytics Market, by Risk Stage, 2019-2023 (USD Million)
Table 231 Middle East & Africa: Risk Analytics Market, by Risk Stage, 2024-2029 (USD Million)
Table 232 Middle East & Africa: Risk Analytics Market, by Risk Type, 2019-2023 (USD Million)
Table 233 Middle East & Africa: Risk Analytics Market, by Risk Type, 2024-2029 (USD Million)
Table 234 Middle East & Africa: Risk Analytics Market, by Strategic Risk, 2019-2023 (USD Million)
Table 235 Middle East & Africa: Risk Analytics Market, by Strategic Risk, 2024-2029 (USD Million)
Table 236 Middle East & Africa: Risk Analytics Market, by Vertical, 2019-2023 (USD Million)
Table 237 Middle East & Africa: Risk Analytics Market, by Vertical, 2024-2029 (USD Million)
Table 238 Middle East & Africa: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 239 Middle East & Africa: Risk Analytics Market, by Region, 2024-2029 (USD Million)
10.5.3 UAE
10.5.3.1 Increasing Competitiveness Among Regulating Firms and Latest Technological Developments to Spike Market Growth
10.5.4 Ksa
10.5.4.1 Increasing Adoption of IoT Solutions and Evolving Cyber Threat Landscape to Drive Economic Growth
10.5.5 Qatar
10.5.5.1 Growing Emphasis on Risk Management Across Industries to Drive Market
10.5.6 Israel
10.5.6.1 Increasing Need for Risk Management in Banking and Financial Services Sector to Accelerate Market Growth
10.5.7 South Africa
10.5.7.1 Government Initiatives and Substantial Foreign Investments to Drive Innovation
10.5.8 Rest of Middle East & Arica
10.6 Latin America
10.6.1 Latin America: Risk Analytics Market Drivers
10.6.2 Latin America: Impact of Recession
Table 240 Latin America: Risk Analytics Market, by Offering, 2019-2023 (USD Million)
Table 241 Latin America: Risk Analytics Market, by Offering, 2024-2029 (USD Million)
Table 242 Latin America: Risk Analytics Market, by Type, 2019-2023 (USD Million)
Table 243 Latin America: Risk Analytics Market, by Type, 2024-2029 (USD Million)
Table 244 Latin America: Risk Analytics Market, by Service, 2019-2023 (USD Million)
Table 245 Latin America: Risk Analytics Market, by Service, 2024-2029 (USD Million)
Table 246 Latin America: Risk Analytics Market, by Professional Service, 2019-2023 (USD Million)
Table 247 Latin America: Risk Analytics Market, by Professional Service, 2024-2029 (USD Million)
Table 248 Latin America: Risk Analytics Market, by Deployment Mode, 2019-2023 (USD Million)
Table 249 Latin America: Risk Analytics Market, by Deployment Mode, 2024-2029 (USD Million)
Table 250 Latin America: Risk Analytics Market, by Risk Stage, 2019-2023 (USD Million)
Table 251 Latin America: Risk Analytics Market, by Risk Stage, 2024-2029 (USD Million)
Table 252 Latin America: Risk Analytics Market, by Risk Type, 2019-2023 (USD Million)
Table 253 Latin America: Risk Analytics Market, by Risk Type, 2024-2029 (USD Million)
Table 254 Latin America: Risk Analytics Market, by Strategic Risk, 2019-2023 (USD Million)
Table 255 Latin America: Risk Analytics Market, by Strategic Risk, 2024-2029 (USD Million)
Table 256 Latin America: Risk Analytics Market, by Vertical, 2019-2023 (USD Million)
Table 257 Latin America: Risk Analytics Market, by Vertical, 2024-2029 (USD Million)
Table 258 Latin America: Risk Analytics Market, by Region, 2019-2023 (USD Million)
Table 259 Latin America: Risk Analytics Market, by Region, 2024-2029 (USD Million)
10.6.3 Brazil
10.6.3.1 Significant Growth and Innovation due to Increasing Implementation of AI and ML Technologies
10.6.4 Mexico
10.6.4.1 Increase in Clients’ Needs, Stricter Regulations, and Technological Innovations to Boost Demand for Risk Analytics
10.6.5 Argentina
10.6.5.1 Government Initiatives in Argentina to Foster Market Growth
10.6.6 Rest of Latin America
11 Competitive Landscape
11.1 Overview
11.2 Strategies Adopted by Key Players
Table 260 Overview of Strategies Adopted by Key Risk Analytics Vendors
11.3 Revenue Analysis
Figure 49 Top Five Players Dominated Market in Last Five Years
11.4 Market Share Analysis
Figure 50 Market Share Analysis for Key Players, 2023
11.4.1 Market Ranking Analysis
Table 261 Risk Analytics Market: Degree of Competition
11.5 Brand/Product Comparative Analysis
Figure 51 Brand/Product Comparative Analysis
11.6 Company Evaluation Matrix: Key Players, 2023
11.6.1 Stars
11.6.2 Emerging Leaders
11.6.3 Pervasive Players
11.6.4 Participants
Figure 52 Risk Analytics Market: Company Evaluation Matrix (Key Players), 2023
11.6.5 Company Footprint: Key Players, 2023
11.6.5.1 Company Footprint
Figure 53 Company Footprint (17 Companies)
11.6.5.2 Offering Footprint
Table 262 Offering Footprint (17 Companies)
11.6.5.3 Risk Stage Footprint
Table 263 Risk Stage Footprint (17 Companies)
11.6.5.4 Regional Footprint
Table 264 Regional Footprint (17 Companies)
11.6.5.5 Vertical Footprint
Table 265 Vertical Footprint (17 Companies)
11.7 Company Evaluation Matrix: Startups/SMEs, 2023
11.7.1 Progressive Companies
11.7.2 Responsive Companies
11.7.3 Dynamic Companies
11.7.4 Starting Blocks
Figure 54 Risk Analytics Market: Company Evaluation Matrix (Startups/SMEs), 2023
11.7.5 Competitive Benchmarking: Startups/SMEs, 2023
Table 266 Risk Analytics Market: Detailed List of Key Startups/SMEs
Table 267 Risk Analytics Market: Competitive Benchmarking of Key Startups/SMEs
11.8 Competitive Scenario and Trends
11.8.1 Product Launches
Table 268 Risk Analytics Market: Product Launches, January 2022 - April 2024
11.8.2 Deals
Table 269 Risk Analytics Market: Deals, January 2022 - April 2024
11.8.3 Company Valuation and Financial Metrics of Key Vendors
Figure 55 Company Valuation and Financial Metrics of Key Vendors
Figure 56 Year-To-Date (Ytd) Price Total Return and Five-Year Stock Beta of Key Vendors
12 Company Profiles
12.1 Introduction
12.2 Key Players
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View)*
12.2.1 IBM
Table 270 IBM: Business Overview
Figure 57 IBM: Company Snapshot
Table 271 IBM: Products/Solutions/Services Offered
Table 272 IBM: Product Launches & Enhancements
Table 273 IBM: Deals
12.2.2 Oracle
Table 274 Oracle: Business Overview
Figure 58 Oracle: Company Snapshot
Table 275 Oracle: Products/Solutions/Services Offered
Table 276 Oracle: Product Launches & Enhancements
Table 277 Oracle: Deals
12.2.3 Fis
Table 278 Fis: Business Overview
Figure 59 Fis: Company Snapshot
Table 279 Fis: Products/Solutions/Services Offered
Table 280 Fis: Product Launches & Enhancements
Table 281 Fis: Deals
12.2.4 Moody's Analytics
Table 282 Moody's Analytics: Business Overview
Figure 60 Moody's Analytics: Company Snapshot
Table 283 Moody's Analytics: Products/Solutions/Services Offered
Table 284 Moody's Analytics: Product Launches & Enhancements
Table 285 Moody's Analytics: Deals
Table 286 Moody's Analytics: Expansions
12.2.5 Aon
Table 287 Aon: Business Overview
Figure 61 Aon: Company Snapshot
Table 288 Aon: Products/Solutions/Services Offered
Table 289 Aon: Product Launches & Enhancements
Table 290 Aon: Deals
Table 291 Aon: Expansions
12.2.6 Servicenow
Table 292 Servicenow: Business Overview
Figure 62 Servicenow: Company Snapshot
Table 293 Servicenow: Products/Solutions/Services Offered
Table 294 Servicenow: Product Launches & Enhancements
Table 295 Servicenow: Deals
12.2.7 SAP
Table 296 SAP: Business Overview
Figure 63 SAP: Company Snapshot
Table 297 SAP: Products/Solutions/Services Offered
Table 298 SAP: Product Launches & Enhancements
Table 299 SAP: Deals
12.2.8 Marsh Mclennan
Table 300 Marsh Mclennan: Business Overview
Figure 64 Marsh Mclennan: Company Snapshot
Table 301 Marsh Mclennan: Products/Solutions/Services Offered
12.2.9 Sas Institute
Table 302 Sas Institute: Business Overview
Table 303 Sas Institute: Products/Solutions/Services Offered
Table 304 Sas Institute: Product Launches & Enhancements
Table 305 Sas Institute: Deals
12.2.10 Processunity
Table 306 Processunity: Business Overview
Table 307 Processunity: Products/Solutions/Services Offered
Table 308 Processunity: Product Launches & Enhancements
Table 309 Processunity: Deals
12.2.11 Metricstream
Table 310 Metricstream: Business Overview
Table 311 Metricstream: Products/Solutions/Services Offered
Table 312 Metricstream: Product Launches & Enhancements
Table 313 Metricstream: Deals
12.2.12 Resolver
Table 314 Resolver: Business Overview
Table 315 Resolver: Products/Solutions/Services Offered
Table 316 Resolver: Product Launches & Enhancements
Table 317 Resolver: Deals
12.2.13 Milliman
12.2.14 Logicmanager
12.2.15 Provenir
12.2.16 Sai360
12.2.17 Deloitte
12.2.18 Diligent
12.2.19 Alteryx
12.2.20 Crisil
12.3 Other Players
12.3.1 Onetrust
12.3.2 Archer
12.3.3 Zesty.AI
12.3.4 Fusion Risk Management
12.3.5 Riskville
12.3.6 Spin Analytics
12.3.7 Kyvos Insights
12.3.8 Imperva
12.3.9 Cirium
12.3.10 Quantexa
12.3.11 Clickup
12.3.12 Sprinto
12.3.13 Ventiv
12.3.14 Adenza
12.3.15 Centrl
12.3.16 Safetyculture
12.3.17 Quantifi
12.3.18 Cubelogic Limited
12.3.19 Onspring
12.3.20 Riskoptics
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View Might Not be Captured in Case of Unlisted Companies
13 Adjacent and Related Markets
13.1 Introduction
13.2 Insurance Analytics Market
13.2.1 Market Definition
13.2.2 Market Overview
13.2.2.1 Insurance Analytics Market, by Component
Table 318 Insurance Analytics Market, by Component, 2016-2019 (USD Million)
Table 319 Insurance Analytics Market, by Component, 2020-2026 (USD Million)
Table 320 Services: Insurance Analytics Market, by Type, 2016-2019 (USD Million)
Table 321 Services: Insurance Analytics Market, by Type, 2020-2026 (USD Million)
13.2.2.2 Insurance Analytics Market, by Application
Table 322 Applications: Insurance Analytics Market, by Type, 2016-2019 (USD Million)
Table 323 Applications: Insurance Analytics Market, by Type, 2020-2026 (USD Million)
13.2.2.3 Insurance Analytics Market, by Deployment Mode
Table 324 Insurance Analytics Market, by Deployment Mode, 2016-2019 (USD Million)
Table 325 Insurance Analytics Market, by Deployment Mode, 2020-2026 (USD Million)
13.2.2.4 Insurance Analytics Market, by Organization Size
Table 326 Insurance Analytics Market, by Organization Size, 2016-2019 (USD Million)
Table 327 Insurance Analytics Market, by Organization Size, 2020-2026 (USD Million)
13.2.2.5 Insurance Analytics Market, by End-user
Table 328 Insurance Analytics Market, by End-user, 2016-2019 (USD Million)
Table 329 Insurance Analytics Market, by End-user, 2020-2026 (USD Million)
13.2.2.6 Insurance Analytics Market, by Region
Table 330 Insurance Analytics Market, by Region, 2016-2019 (USD Million)
Table 331 Insurance Analytics Market, by Region, 2020-2026 (USD Million)
13.3 Fraud Detection and Prevention Market
13.3.1 Market Definition
13.3.2 Market Overview
13.3.2.1 Fraud Detection and Prevention Market, by Fraud Type
Table 332 Fraud Detection and Prevention Market, by Fraud Type, 2017-2022 (USD Million)
Table 333 Fraud Detection and Prevention Market, by Fraud Type, 2023-2028 (USD Million)
13.3.2.2 Fraud Detection and Prevention Market, by Offering
Table 334 Fraud Detection and Prevention Market, by Offering, 2017-2022 (USD Million)
Table 335 Fraud Detection and Prevention Market, by Offering, 2023-2028 (USD Million)
13.3.2.3 Fraud Detection and Prevention Market, by Deployment Mode
Table 336 Fraud Detection and Prevention Market, by Deployment Mode, 2017-2022 (USD Million)
Table 337 Fraud Detection and Prevention Market, by Deployment Mode, 2023-2028 (USD Million)
13.3.2.4 Fraud Detection and Prevention Market, by Organization Size
Table 338 Fraud Detection and Prevention Market, by Organization Size, 2017-2022 (USD Million)
Table 339 Fraud Detection and Prevention Market, by Organization Size, 2023-2028 (USD Million)
13.3.2.5 Fraud Detection and Prevention Market, by Vertical
Table 340 Fraud Detection and Prevention Market, by Vertical, 2017-2022 (USD Million)
Table 341 Fraud Detection and Prevention Market, by Vertical, 2023-2028 (USD Million)
13.3.2.6 Fraud Detection and Prevention Market, by Region
Table 342 Fraud Detection and Prevention Market, by Region, 2017-2022 (USD Million)
Table 343 Fraud Detection and Prevention Market, by Region, 2023-2028 (USD Million)
14 Appendix
14.1 Discussion Guide
14.2 Knowledgestore: The Subscription Portal
14.3 Customization Options

Companies Mentioned

  • IBM
  • Oracle
  • Fis
  • Moody's Analytics
  • Aon
  • Servicenow
  • SAP
  • Marsh Mclennan
  • Sas Institute
  • Processunity
  • Metricstream
  • Resolver
  • Milliman
  • Logicmanager
  • Provenir
  • Sai360
  • Deloitte
  • Diligent
  • Alteryx
  • Crisil
  • Onetrust
  • Archer
  • Zesty.AI
  • Fusion Risk Management
  • Riskville
  • Spin Analytics
  • Kyvos Insights
  • Imperva
  • Cirium
  • Quantexa
  • Clickup
  • Sprinto
  • Ventiv
  • Adenza
  • Centrl
  • Safetyculture
  • Quantifi
  • Cubelogic Limited
  • Onspring
  • Riskoptics

Methodology

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Table Information