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Business Continuity Management Market Research Report: By Offering, Organization Size, Industry, Regional Outlook - Global Industry Analysis and Forecast to 2024

  • ID: 4912418
  • Report
  • September 2019
  • Region: Global
  • 165 pages
  • Prescient & Strategic Intelligence Private Limited
1 of 3

FEATURED COMPANIES

  • Dell Technologies Inc.
  • LockPath Inc.
  • LogicManager Inc.
  • MetricStream Inc.
  • Quantitative LLC
  • Sai Global Pty Ltd
  • MORE
The operational risks in organizations, such as model risk, cybersecurity risk, conduct risk, and vendor risk, are on a rise owing to the stiff regulatory compliances and fines and increasing economic uncertainties. In order to deal with these, the enterprises are demanding real-time risk assessment, robust risk mitigation, and greater risk accountability from business and management lines. In addition to this, as the financial services are expanding their businesses, the need for processing accountability and transparency and ensuring proactive risk mitigation is also growing. Take for instance the surging cybersecurity risks, due to which the businesses have become more aware of the significance of being able to respond and recover from such attack. Since business continuity management (BCM) solutions and services can protect enterprises from business disruptions in the event of a cyberattack and help them deal with other operational risks, their demand is rising.

Basically, BCM is a proactive planning process which makes sure that the products and services of a business are delivered without any delay in the event of any disruption. This is done through the development of plans, strategies, and actions that provide alternative solutions for keeping the operations or businesses going and ensuring that the enterprise doesn’t face any serious damage or loss. As per a research conducted by the publisher, the global BCM market reached a value of $359.2 million in 2018 and is projected to attain $875.7 million in 2024, advancing at a 15.4% CAGR in the coming years. Apart from risk management, the different solutions provided by BCM are government, risk, and compliance, crisis management and audit management. Furthermore, BCM also offers managed and professional services to the enterprises.

The faster growth in demand for BCM services and solutions is expected to be witnessed by small and medium enterprises (SME) in the near future as compared to large enterprises. This is because, the SMEs are inclining toward expanding their organizations and streamlining their business structure. Moreover, these enterprises usually rely on limited resources for safeguarding their operations and solutions that generate revenue, which is further creating the requirement for BCM by SMEs. These factors, in turn, are encouraging the BCM market players to focus on offering more flexible services and solutions to the SMEs; this will also help them gain a new and massive consumer-base.

A key trend in the BCM market is the growing adoption of business impact analysis (BIA), which is because BIA assists SMEs and large enterprises in identifying critical activities and processes, such as return of investment. Several aspects included under BIA are storage optimization, increased expenses, regulatory fines, contractual penalties, delay of new business plans, modern workload protection, lost/delayed sales and income, network security, and customer dissatisfaction. Moreover, the players operating in the market offer risk identification and customizable impact assessment via BIA to the end users. Hence, the small and large enterprises are increasingly adopting BIA as it enables them to identify and evaluate the effects of potential disasters on business.
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • Dell Technologies Inc.
  • LockPath Inc.
  • LogicManager Inc.
  • MetricStream Inc.
  • Quantitative LLC
  • Sai Global Pty Ltd
  • MORE
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Offering
1.3.2 Market Segmentation by Organization Size
1.3.3 Market Segmentation by Industry
1.3.4 Market Segmentation by Region
1.3.5 Analysis Period
1.3.6 Market Data Reporting Unit
1.3.6.1 Value
1.4 Key Stakeholders

Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown of Primary Research Respondents
2.2.1.1 By region
2.2.1.2 By industry participant
2.2.1.3 By company type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Offering
4.1.1.1 Solutions
4.1.1.1.1 Crisis management
4.1.1.1.2 Risk management
4.1.1.1.3 Audit management
4.1.1.1.4 GRC
4.1.1.1.5 Others
4.1.1.2 Services
4.1.1.2.1 Professional services
4.1.1.2.2 Managed services
4.1.2 By Organization Size
4.1.2.1 SME
4.1.2.2 Large enterprise
4.1.3 By Industry
4.1.3.1 BFSI
4.1.3.2 Government
4.1.3.3 Healthcare
4.1.3.4 Transportation & logistics
4.1.3.5 Energy & utility
4.1.3.6 Manufacturing & retail
4.1.3.7 Telecom & IT
4.1.3.8 Others
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Trends
4.3.1.1 Increasing adoption of business impact analysis (BIA)
4.3.1.2 Shift from GRC to integrated risk management (IRM)
4.3.2 Drivers
4.3.2.1 Increasing demand from SMEs
4.3.2.2 Increasing operational risks in organizations
4.3.2.3 Impact analysis of drivers on market forecast
4.3.3 Restraints
4.3.3.1 Employees’ resistance to change
4.3.3.2 Security concerns and apprehensions
4.3.3.3 Lack of expertise and budget restraints for SMEs
4.3.3.4 Impact analysis of restraints on market forecast
4.3.4 Opportunities
4.3.4.1 Technological developments at workplace and enterprise asset management (EAM)
4.4 Porter’s Five Forces Analysis
4.5 Government Regulations and Standards
4.5.1 Government Regulations and Standards - Australia
4.5.2 Government Regulations and Standards - Brazil
4.5.3 Government Regulations and Standards - Canada
4.5.4 Government Regulations and Standards - China
4.5.5 Government Regulations and Standards - India
4.5.6 Government Regulations and Standards - Indonesia
4.5.7 Government Regulations and Standards - Italy
4.5.8 Government Regulations and Standards - Japan
4.5.9 Government Regulations and Standards - Russia
4.5.10 Government Regulations and Standards - South Africa
4.5.11 Government Regulations and Standards - U.A.E.
4.5.12 Government Regulations and Standards - U.K.
4.5.13 Government Regulations and Standards - U.S.

Chapter 5. Global Market Size and Forecast
5.1 By Offering
5.1.1 Solutions, by Type
5.1.2 Services, by Type
5.2 By Enterprise Size
5.3 By Industry
5.4 By Region

Chapter 6. North America Market Size and Forecast
6.1 By Offering
6.1.1 Solutions, by Type
6.1.2 Services, by Type
6.2 By Enterprise Size
6.3 By Industry
6.4 By Country

Chapter 7. Europe Market Size and Forecast
7.1 By Offering
7.1.1 Solutions, by Type
7.1.2 Services, by Type
7.2 By Enterprise Size
7.3 By Industry
7.4 By Country

Chapter 8. APAC Market Size and Forecast
8.1 By Offering
8.1.1 Solutions, by Type
8.1.2 Services, by Type
8.2 By Enterprise Size
8.3 By Industry
8.4 By Country

Chapter 9. RoW Market Size and Forecast
9.1 By Offering
9.1.1 Solutions, by Type
9.1.2 Services, by Type
9.2 By Enterprise Size
9.3 By Industry
9.4 By Country

Chapter 10. Competitive Landscape
10.1 List of Key Players and Their Offerings
10.2 Key Players and Their Presence in Various Segments
10.3 Competitive Analysis of Key Players
10.4 Strategic Developments of Key Players
10.4.1 Mergers and Acquisitions
10.4.2 Partnerships
10.4.3 Product Launches
10.4.4 Geographic Expansion
10.4.5 Client Wins
10.4.6 Others

Chapter 11. Company Profiles
11.1 Sai Global Pty Ltd
11.1.1 Business Overview
11.1.2 Product and Service Offerings
11.2 LogicManager Inc.
11.2.1 Business Overview
11.2.2 Product and Service Offerings
11.3 Quantitative LLC
11.3.1 Business Overview
11.3.2 Product and Service Offerings
11.4 MetricStream Inc.
11.4.1 Business Overview
11.4.2 Product and Service Offerings
11.5 LockPath Inc.
11.5.1 Business Overview
11.5.2 Product and Service Offerings
11.6 Dell Technologies Inc.
11.6.1 Business Overview
11.6.2 Product and Service Offerings
11.6.3 Key Financial Summary
11.7 Fusion Risk Management Inc.
11.7.1 Business Overview
11.7.2 Product and Service Offerings
11.8 Sungard Availability Services
11.8.1 Business Overview
11.8.2 Product and Service Offerings
11.9 International Business Machines (IBM) Corporation
11.9.1 Business Overview
11.9.2 Product and Service Offerings
11.9.3 Key Financial Summary

Chapter 12. Key Strategic Recommendations

Chapter 13. Appendix
13.1 Abbreviations
13.2 Sources and References
13.3 Related Reports

List of Tables
TABLE 1 ANALYSIS PERIOD OF THE STUDY
TABLE 2 DRIVERS FOR THE MARKET: IMPACT ANALYSIS
TABLE 3 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS
TABLE 4 GLOBAL BCM MARKET, BY OFFERING, $M (2014 -2018)
TABLE 5 GLOBAL BCM MARKET, BY OFFERING, $M (2019-2024)
TABLE 6 GLOBAL BCM SOLUTIONS MARKET, BY TYPE, $M (2014-2018)
TABLE 7 GLOBAL BCM SOLUTIONS MARKET, BY TYPE, $M (2019-2024)
TABLE 8 GLOBAL BCM SERVICES MARKET, BY TYPE, $M (2014-2018)
TABLE 9 GLOBAL BCM SERVICES MARKET, BY TYPE, $M (2019-2024)
TABLE 10 GLOBAL BCM MARKET, BY ENTERPRISE SIZE, $M (2014-2018)
TABLE 11 GLOBAL BCM MARKET, BY ENTERPRISE SIZE, $M (2019-2024)
TABLE 12 GLOBAL BCM MARKET, BY INDUSTRY, $M (2014-2018)
TABLE 13 GLOBAL BCM MARKET, BY INDUSTRY, $M (2019-2024)
TABLE 14 GLOBAL BCM MARKET, BY REGION, $M (2014-2018)
TABLE 15 GLOBAL BCM MARKET, BY REGION, $M (2019-2024)
TABLE 16 NORTH AMERICA BCM MARKET, BY OFFERING, $M (2014-2018)
TABLE 17 NORTH AMERICA BCM MARKET, BY OFFERING, $M (2019-2024)
TABLE 18 NORTH AMERICA BCM SOLUTIONS MARKET, BY TYPE, $M (2014-2018)
TABLE 19 NORTH AMERICA BCM SOLUTIONS MARKET, BY TYPE, $M (2019-2024)
TABLE 20 NORTH AMERICA BCM SERVICE MARKET, BY TYPE, $M (2014-2018)
TABLE 21 NORTH AMERICA BCM SERVICE MARKET, BY TYPE, $M (2019-2024)
TABLE 22 NORTH AMERICA BCM MARKET, BY ENTERPRISE SIZE, $M (2014-2018)
TABLE 23 NORTH AMERICA BCM MARKET, BY ENTERPRISE SIZE, $M (2019-2024)
TABLE 24 NORTH AMERICA BCM MARKET, BY INDUSTRY, $M (2014-2018)
TABLE 25 NORTH AMERICA BCM MARKET, BY INDUSTRY, $M (2019-2024)
TABLE 26 NORTH AMERICA BCM MARKET, BY COUNTRY, $M (2014-2018)
TABLE 27 NORTH AMERICA BCM MARKET, BY COUNTRY, $M (2019-2024)
TABLE 28 EUROPE BCM MARKET, BY OFFERING, $M (2014-2018)
TABLE 29 EUROPE BCM MARKET, BY OFFERING, $M (2019-2024)
TABLE 30 EUROPE BCM SOLUTIONS MARKET, BY TYPE, $M (2014-2018)
TABLE 31 EUROPE BCM SOLUTIONS MARKET, BY TYPE, $M (2019-2024)
TABLE 32 EUROPE BCM SERVICES MARKET, BY TYPE, $M (2014-2018)
TABLE 33 EUROPE BCM SERVICE MARKET, BY TYPE, $M (2019-2024)
TABLE 34 EUROPE BCM MARKET, BY ENTERPRISE SIZE, $M (2014-2018)
TABLE 35 EUROPE BCM MARKET, BY ENTERPRISE SIZE, $M (2019-2024)
TABLE 36 EUROPE BCM MARKET, BY INDUSTRY, $M (2014-2018)
TABLE 37 EUROPE BCM MARKET, BY INDUSTRY, $M (2019-2024)
TABLE 38 EUROPE BCM MARKET, BY COUNTRY, $M (2014-2018)
TABLE 39 EUROPE BCM MARKET, BY COUNTRY, $M (2019-2024)
TABLE 40 APAC BCM MARKET, BY OFFERING, $M (2014-2018)
TABLE 41 APAC BCM MARKET, BY OFFERING, $M (2019-2024)
TABLE 42 APAC BCM SOLUTIONS MARKET, BY TYPE, $M (2014-2018)
TABLE 43 APAC BCM PRODUCT MARKET, BY TYPE, $M (2019-2024)
TABLE 44 APAC BCM SERVICES MARKET, BY TYPE, $M (2014-2018)
TABLE 45 APAC BCM SERVICES MARKET, BY TYPE, $M (2019-2024)
TABLE 46 APAC BCM MARKET, BY ENTERPRISE SIZE, $M (2014-2018)
TABLE 47 APAC BCM MARKET, BY ENTERPRISE SIZE, $M (2019-2024)
TABLE 48 APAC BCM MARKET, BY INDUSTRY, $M (2014-2018)
TABLE 49 APAC BCM MARKET, BY INDUSTRY, $M (2019-2024)
TABLE 50 APAC BCM MARKET, BY COUNTRY, $M (2014-2018)
TABLE 51 APAC BCM MARKET, BY COUNTRY, $M (2019-2024)
TABLE 52 ROW BCM MARKET, BY OFFERING, $M (2014-2018)
TABLE 53 ROW BCM MARKET, BY OFFERING, $M (2019-2024)
TABLE 54 ROW BCM SOLUTIONS MARKET, BY TYPE, $M (2014-2018)
TABLE 55 ROW BCM PRODUCT MARKET, BY TYPE, $M (2019-2024)
TABLE 56 ROW BCM SERVICES MARKET, BY TYPE, $M (2014-2018)
TABLE 57 ROW BCM SERVICE MARKET, BY TYPE, $M (2019-2024)
TABLE 58 ROW BCM MARKET, BY ENTERPRISE SIZE, $M (2014-2018)
TABLE 59 ROW BCM MARKET, BY ENTERPRISE SIZE, $M (2019-2024)
TABLE 60 ROW BCM MARKET, BY INDUSTRY, $M (2014-2018)
TABLE 61 ROW BCM MARKET, BY INDUSTRY, $M (2019-2024)
TABLE 62 ROW BCM MARKET, BY COUNTRY, $M (2014-2018)
TABLE 63 ROW BCM MARKET, BY COUNTRY, $M (2019-2024)
TABLE 64 LIST OF KEY PLAYERS AND THEIR OFFERINGS
TABLE 65 SAI GLOBAL PTY LTD - AT A GLANCE
TABLE 66 LOGICMANAGER INC. - AT A GLANCE
TABLE 67 QUANTITATIVE LLC - AT A GLANCE
TABLE 68 METRICSTREAM INC. - AT A GLANCE
TABLE 69 LOCKPATH INC. - AT A GLANCE
TABLE 70 DELL TECHNOLOGIES INC. - AT A GLANCE
TABLE 71 DELL TECHNOLOGIES INC. - KEY FINANCIAL SUMMARY
TABLE 72 FUSION RISK MANAGEMENT INC. - AT A GLANCE
TABLE 73 SUNGARD AVAILABILITY SERVICES - AT A GLANCE
TABLE 74 IBM CORPORATION - AT A GLANCE
TABLE 75 IBM CORPORATION - KEY FINANCIAL SUMMARY

List of Figures
FIG 1 FOCAL POINTS UNDER BCM
FIG 2 RESEARCH SCOPE
FIG 3 RESEARCH METHODOLOGY
FIG 4 REGIONAL SPLIT OF PRIMARY AND SECONDARY RESEARCH
FIG 5 BREAKDOWN OF PRIMARY RESEARCH BY REGION
FIG 6 BREAKDOWN OF PRIMARY RESEARCH BY INDUSTRY PARTICIPANT
FIG 7 BREAKDOWN OF PRIMARY RESEARCH BY COMPANY TYPE
FIG 8 DATA TRIANGULATION APPROACH
FIG 9 GLOBAL BCM MARKET SUMMARY
FIG 10 PERSONNEL INVOLVED IN BCM
FIG 11 VALUE CHAIN ANALYSIS OF BCM MARKET
FIG 12 BARGAINING POWER OF BUYERS
FIG 13 BARGAINING POWER OF SUPPLIERS
FIG 14 INTENSITY OF RIVALRY
FIG 15 THREAT OF NEW ENTRANTS
FIG 16 THREAT OF SUBSTITUTES
FIG 17 GLOBAL BCM MARKET, BY OFFERING, $M (2014-2024)
FIG 18 GLOBAL BCM SOLUTIONS MARKET, BY TYPE, $M (2014 -2 024)
FIG 19 GLOBAL BCM SERVICES MARKET, BY TYPE, $M (2014-2024)
FIG 20 GLOBAL BCM MARKET, BY ENTERPRISE SIZE, $M (2014-2024)
FIG 21 GLOBAL BCM MARKET, BY INDUSTRY, $M (2014-2024)
FIG 22 WORLDWIDE MAJOR MARKETS FOR BCM
FIG 23 GLOBAL BCM MARKET, BY REGION, $M (2014-2024)
FIG 24 NORTH AMERICA BCM MARKET SNAPSHOT
FIG 25 NORTH AMERICA BCM, BY OFFERING, $M (2014-2024)
FIG 26 NORTH AMERICA BCM SOLUTIONS MARKET, BY TYPE, $M (2014-2024)
FIG 27 NORTH AMERICA BCM SERVICES MARKET, BY TYPE, $M (2014-2024)
FIG 28 NORTH AMERICA BCM MARKET, BY ENTERPRISE SIZE, $M (2014-2024)
FIG 29 NORTH AMERICA BCM MARKET, BY INDUSTRY, $M (2014-2024)
FIG 30 NORTH AMERICA BCM MARKET, BY COUNTRY, $M (2014-2024)
FIG 31 EUROPE BCM MARKET SNAPSHOT
FIG 32 EUROPE BCM, BY OFFERING, $M (2014-2024)
FIG 33 EUROPE BCM SOLUTIONS MARKET, BY TYPE, $M (2014-2024)
FIG 34 EUROPE BCM SERVICES MARKET, BY TYPE, $M (2014-2024)
FIG 35 EUROPE BCM MARKET, BY ENTERPRISE SIZE, $M (2014-2024)
FIG 36 EUROPE BCM MARKET, BY INDUSTRY, $M (2014-2024)
FIG 37 EUROPE BCM MARKET, BY COUNTRY, $M (2014-2024)
FIG 38 APAC BCM MARKET SNAPSHOT
FIG 39 APAC BCM, BY OFFERING, $M (2014-2024)
FIG 40 APAC BCM SOLUTIONS MARKET, BY TYPE, $M (2014-2024)
FIG 41 APAC BCM SERVICES MARKET, BY TYPE, $M (2014-2024)
FIG 42 APAC BCM MARKET, BY ENTERPRISE SIZE, $M (2014-2024)
FIG 43 APAC BCM MARKET, BY INDUSTRY, $M (2014-2024)
FIG 44 APAC BCM MARKET, BY COUNTRY, $M (2014-2024)
FIG 45 ROW BCM MARKET SNAPSHOT
FIG 46 ROW BCM, BY OFFERING, $M (2014-2024)
FIG 47 ROW BCM SOLUTIONS MARKET, BY TYPE, $M (2014-2024)
FIG 48 ROW BCM SERVICES MARKET, BY TYPE, $M (2014-2024)
FIG 49 ROW BCM MARKET, BY ENTERPRISE SIZE, $M (2014-2024)
FIG 50 ROW BCM MARKET, BY INDUSTRY, $M (2014-2024)
FIG 51 ROW BCM MARKET, BY COUNTRY, $M (2014-2024)
FIG 52 KEY PLAYERS AND THEIR PRESENCE IN VARIOUS SEGMENTS
FIG 53 DELL TECHNOLOGIES INC. - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2018)
FIG 54 IBM CORPORATION - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2018)
Note: Product cover images may vary from those shown
3 of 3
  • Sai Global Pty Ltd
  • LogicManager Inc.
  • Quantitative LLC
  • MetricStream Inc.
  • LockPath Inc.
  • Dell Technologies Inc.
  • Fusion Risk Management Inc.
  • Sungard Availability Services
  • International Business Machines (IBM) Corporation
Note: Product cover images may vary from those shown
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