Product Code: GVR-4-68040-267-4
Risk Analytics Market Growth & Trends:
The global risk analytics market size is anticipated to reach USD 91.33 billion by 2030, registering a CAGR of 12.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. With the increasing frequency and complexity of cyber threats, cybersecurity risk management is a priority for organizations. Risk analytics solutions personalized for cybersecurity help businesses assess their cyber resilience, identify vulnerabilities, detect intrusions, and respond to incidents promptly, safeguarding sensitive data, systems, and operations from cyber-attacks.
Rising concerns over climate change are driving the market, particularly in the form of operational risk management. As the frequency and severity of climate-related events such as extreme weather events, rising sea levels, and wildfires continue to escalate, businesses are increasingly exposed to operational risks due to climate change impact. These risks include a wide range of factors, including supply chain disruptions, infrastructure damage, regulatory changes, business continuity challenges, and reputational damage. According to Moody's Investors Service Report 2023, the rated debt held by sectors with high environmental credit risk exceeded USD 4 trillion, double the amount in 2015.
Risk Analytics Market Report Highlights:
- Based on component, the software segment accounted for the largest revenue share of 66.3% in 2023 and is anticipated to witness the fastest growth during the forecast period due to the rising demand for customized risk analytics solutions
- The compliance risk segment is anticipated to witness significant growth from 2024 to 2030 due to increasing regulatory complexity across various industries
- Based on deployment type, the on-premises segment accounted for the largest revenue in 2023. The need for real-time data processing and analysis drives the adoption of on-premises risk analytics solutions among organizations with high-performance computing requirements
- The BFSI segment accounted for the largest revenue share in 2023 and is anticipated to witness the fastest growth from 2024 to 2030 due to the growing prevalence of cyber threats and financial fraud
- North America dominated the industry with a share in due factors such as industrialization, the growing emphasis on industrial safety consciousness, increasing density and interconnectedness of the global financial market
- In December 2021, Diligent joined Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Program. Diligent's platform enables organizations to manage their governance, risk, and compliance (GRC) programs in one place. It provides real-time metrics integration, analysis, and contextualization in response to new risks, regulations, and stakeholder expectations.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Segment Definitions
- 1.2.1. Component
- 1.2.2. Risk type risk type application
- 1.2.3. Deployment type
- 1.2.4. Industry vertical
- 1.2.5. Regional scope
- 1.2.6. Estimates and forecasts timeline
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Information procurement
- 1.4.2. Information or data analysis
- 1.4.3. Market formulation & data visualization
- 1.4.4. Data validation & publishing
- 1.4.5. Data analysis models
- 1.5. Research Scope and Assumptions
- 1.5.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Component outlook
- 2.2.2. Risk type risk type application outlook
- 2.2.3. Deployment type outlook
- 2.2.4. Industry vertical outlook
- 2.3. Competitive Insights
Chapter 3. Risk Analytics Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. Market Dynamics
- 3.2.1. Market driver analysis
- 3.2.1.1. Increasing regulatory requirements, and cybersecurity concerns
- 3.2.1.2. Growing importance of sustainability and ESG factors in decision-making processes
- 3.2.2. Market restraint analysis
- 3.2.2.1. Regulatory complexities across different regions.
- 3.2.3. Market opportunity analysis
- 3.2.3.1. Increasing adoption of cloud-based solutions, expansion into emerging markets.
- 3.2.3.2. The integration of AI and machine learning for advanced analytics capabilities.
- 3.3. Risk Analytics Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Supplier power
- 3.3.1.2. Buyer power
- 3.3.1.3. Substitution threat
- 3.3.1.4. Threat of new entrant
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic landscape
- 3.3.2.3. Social landscape
- 3.3.2.4. Technological landscape
- 3.3.2.5. Environmental landscape
- 3.3.2.6. Legal landscape
Chapter 4. Risk Analytics Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Risk Analytics Market: Component Movement Analysis, 2023 & 2030 (USD Billion)
- 4.2.1. Solutions
- 4.2.1.1. Solutions market estimates and forecasts 2017 to 2030 (USD Billion)
- 4.2.2. Services
- 4.2.2.1. Services market estimates and forecasts 2017 to 2030 (USD Billion)
Chapter 5. Risk Analytics Market: Risk Type Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Risk Analytics Market: Risk Type Application Movement Analysis, 2023 & 2030 (USD Billion)
- 5.2.1. Operational risk
- 5.2.1.1. Operational risk market estimates and forecasts 2017 to 2030 (USD Billion)
- 5.2.2. Financial risk
- 5.2.2.1. Financial risk market estimates and forecasts 2017 to 2030 (USD Billion)
- 5.2.3. Compliance risk
- 5.2.3.1. Compliance risk market estimates and forecasts 2017 to 2030 (USD Billion)
- 5.2.4. Strategic risk
- 5.2.4.1. Strategic risk market estimates and forecasts 2017 to 2030 (USD Billion)
Chapter 6. Risk Analytics Market: Deployment Type Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Risk Analytics Market: Deployment Type Movement Analysis, 2023 & 2030 (USD Billion)
- 6.2.1. On-premise
- 6.2.1.1. On-premise market estimates and forecasts 2017 to 2030 (USD Billion)
- 6.2.2. Cloud
- 6.2.2.1. Cloud market estimates and forecasts 2017 to 2030 (USD Billion)
Chapter 7. Risk Analytics Market: Industry Vertical Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Risk Analytics Market: Industry Vertical Movement Analysis, 2023 & 2030 (USD Billion)
- 7.2.1. BFSI
- 7.2.1.1. BFSI Market Estimates and forecasts 2017 to 2030 (USD Billion)
- 7.2.2. Retail
- 7.2.2.1. Retail market estimates and forecasts 2017 to 2030 (USD Billion)
- 7.2.3. Manufacturing
- 7.2.3.1. Manufacturing market estimates and forecasts 2017 to 2030 (USD Billion)
- 7.2.4. Telecom & IT
- 7.2.4.1. Telecom & IT market estimates and forecasts 2017 to 2030 (USD Billion)
- 7.2.5. Energy and utilities
- 7.2.5.1. Energy and utilities market estimates and forecasts 2017 to 2030 (USD Billion)
- 7.2.6. Healthcare
- 7.2.6.1. Healthcare market estimates and forecasts 2017 to 2030 (USD Billion)
- 7.2.7. Other
- 7.2.7.1. Other market estimates and forecasts 2017 to 2030 (USD Billion)
Chapter 8. Risk Analytics Market: Regional Estimates & Trend Analysis
- 8.1. Risk Analytics Market Share, By Region, 2023 & 2030 (USD Billion)
- 8.2. North America
- 8.2.1. North America market estimates and forecasts 2017 to 2030 (USD Billion)
- 8.2.2. U.S.
- 8.2.2.1. U.S. market estimates and forecasts 2017 to 2030 (USD Billion)
- 8.2.3. Canada
- 8.2.3.1. Canada market estimates and forecasts 2017 to 2030 (USD Billion)
- 8.3. Europe
- 8.3.1. Europe market estimates and forecasts 2017 to 2030 (USD Billion)
- 8.3.2. UK
- 8.3.2.1. UK market estimates and forecasts 2017 to 2030 (USD Billion)
- 8.3.3. Germany
- 8.3.3.1. Germany market estimates and forecasts 2017 to 2030 (USD Billion)
- 8.3.4. France
- 8.3.4.1. France market estimates and forecasts 2017 to 2030 (USD Billion)
- 8.3.5. Italy
- 8.3.5.1. Italy market estimates and forecasts 2017 to 2030 (USD Billion)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific market estimates and forecasts 2017 to 2030 (USD Billion)
- 8.4.2. Japan
- 8.4.2.1. Japan market estimates and forecasts 2017 to 2030 (USD Billion)
- 8.4.3. China
- 8.4.3.1. China market estimates and forecasts 2017 to 2030 (USD Billion)
- 8.4.4. India
- 8.4.4.1. India market estimates and forecasts 2017 to 2030 (USD Billion)
- 8.4.5. Australia
- 8.4.5.1. Australia market estimates and forecasts 2017 to 2030 (USD Billion)
- 8.4.6. South Korea
- 8.4.6.1. South Korea market estimates and forecasts 2017 to 2030 (USD Billion)
- 8.5. Latin America
- 8.5.1. Latin America market estimates and forecasts 2017 to 2030 (USD Billion)
- 8.5.2. Brazil
- 8.5.2.1. Brazil market estimates and forecasts 2017 to 2030 (USD Billion)
- 8.5.3. Mexico
- 8.5.3.1. Mexico market estimates and forecasts 2017 to 2030 (USD Billion)
- 8.5.4. Argentina
- 8.5.4.1. Argentina market estimates and forecasts 2017 to 2030 (USD Billion)
- 8.6. MEA
- 8.6.1. MEA market estimates and forecasts 2017 to 2030 (USD Billion)
- 8.6.2. South Africa
- 8.6.2.1. South Africa market estimates and forecasts 2017 to 2030 (USD Billion)
- 8.6.3. Saudi Arabia
- 8.6.3.1. Saudi Arabia market estimates and forecasts 2017 to 2030 (USD Billion)
- 8.6.4. UAE
- 8.6.4.1. UAE market estimates and forecasts 2017 to 2030 (USD Billion)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis by Key Market Participants
- 9.2. Company Categorization
- 9.3. Company Market Positioning
- 9.4. Company Heat Map Analysis
- 9.5. Strategy Mapping
- 9.5.1. Expansion
- 9.5.2. Mergers & Acquisition
- 9.5.3. Partnerships & Collaborations
- 9.5.4. New Product Launches
- 9.5.5. Research And Development
- 9.6. Company Profiles
- 9.6.1. Accenture
- 9.6.1.1. Company overview
- 9.6.1.2. Financial performance
- 9.6.1.3. Product benchmarking
- 9.6.1.4. Strategic initiatives
- 9.6.2. ACL Services Ltd.
- 9.6.2.1. Company overview
- 9.6.2.2. Financial performance
- 9.6.2.3. Product benchmarking
- 9.6.2.4. Strategic initiatives
- 9.6.3. AxiomSL
- 9.6.3.1. Company overview
- 9.6.3.2. Financial performance
- 9.6.3.3. Product benchmarking
- 9.6.3.4. Strategic initiatives
- 9.6.4. dba Galvanize
- 9.6.4.1. Company overview
- 9.6.4.2. Financial performance
- 9.6.4.3. Product benchmarking
- 9.6.4.4. Strategic initiatives
- 9.6.5. Eurorisk Systems Ltd
- 9.6.5.1. Company overview
- 9.6.5.2. Financial performance
- 9.6.5.3. Product benchmarking
- 9.6.5.4. Strategic initiatives
- 9.6.6. Fidelity National Information Services
- 9.6.6.1. Company overview
- 9.6.6.2. Financial performance
- 9.6.6.3. Product benchmarking
- 9.6.6.4. Strategic initiatives
- 9.6.7. Gurukul
- 9.6.7.1. Company overview
- 9.6.7.2. Financial performance
- 9.6.7.3. Product benchmarking
- 9.6.7.4. Strategic initiatives
- 9.6.8. IBM
- 9.6.8.1. Company overview
- 9.6.8.2. Financial performance
- 9.6.8.3. Product benchmarking
- 9.6.8.4. Strategic initiatives
- 9.6.9. Moody's Analytics
- 9.6.9.1. Company overview
- 9.6.9.2. Financial performance
- 9.6.9.3. Product benchmarking
- 9.6.9.4. Strategic initiatives
- 9.6.10. OneSpan
- 9.6.10.1. Company overview
- 9.6.10.2. Financial performance
- 9.6.10.3. Product benchmarking
- 9.6.10.4. Strategic initiatives
- 9.6.11. Oracle Corporation
- 9.6.11.1. Company overview
- 9.6.11.2. Financial performance
- 9.6.11.3. Product benchmarking
- 9.6.11.4. Strategic initiatives
- 9.6.12. Risk Edge Solutions
- 9.6.12.1. Company overview
- 9.6.12.2. Financial performance
- 9.6.12.3. Product benchmarking
- 9.6.12.4. Strategic initiatives
- 9.6.13. SAS Institute
- 9.6.13.1. Company overview
- 9.6.13.2. Financial performance
- 9.6.13.3. Product benchmarking
- 9.6.13.4. Strategic initiatives
- 9.6.14. Verisk Analytics
- 9.6.14.1. Company overview
- 9.6.14.2. Financial performance
- 9.6.14.3. Product benchmarking
- 9.6.14.4. Strategic initiatives