Apr 15, 2021 (AmericaNewsHour) -- Kenneth Research has published a detailed report on Risk Analytics Market, which has been categorized by market size as well as growth indicators, and further encompasses detailed market analysis on macro trends and region-wise growth in North America, Latin America, Europe, Asia-Pacific and Middle East & Africa region. The report also includes the challenges that are affecting the growth of the industry and offers strategic evaluation that is required to boost the growth of the market over the period of 2021-2025.
The Global Risk Analytics Market was valued at USD 15.43 billion in 2016 and is projected to reach USD 57.10 billion by 2025, growing at a CAGR of 15.65% from 2017 to 2025.
Risk analytics system helps to review the risks associated with a particular event or action. It is applied to projects, information technology, security issues and any action where risks may be analyzed on a quantitative and qualitative basis. Benefits of risk analytics system include - risk identification, risk integration and assessment, preparation for unusual risk, fraud detection and prevention, credit risk analysis, benchmarking risk management, and real-time situational awareness.
The Final Report will cover the impact analysis of COVID-19 on this industry:
Download Sample of This Strategic Report:
1. Market Drivers
1.1 Rising demand for enterprises to sustain in the competitive environment
1.2 Increasing need for cloud-based risk analytics solutions
1.3 Adoption of new technologies for smoother operations
1.4 Growing need for risk management across industries
1.5 Rising demand for automation for quicker and actionable decision making
2. Market Restraints
2.1 Lack of technical expertise
2.2 Increasing hierarchical conflicts
2.3 High investment cost
The Global Risk Analytics Market is segmented on the risk type, component, deployment model, vertical, and region.
1. Risk Type:
1.1 Financial Risk
1.2 Strategic Risk
1.3 Operational Risk
2. By Component:
2.1.1 Dashboard Analytics and Risk Reporting Tools
2.1.2 Risk Calculation Engines
2.1.3 Extract, Transform and Load Tools
2.1.4 GRC Software
2.1.5 Scorecard and Visualization Tools
3. By Deployment Mode:
4. By Vertical:
4.2 Government and Defense
4.3 IT and Telecom
4.4 Banking, Financial Services, and Insurance (BFSI)
4.5 Transportation and Logistics
4.6 Retail and Consumer Goods
4.8 Energy and Utilities
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
The major players in the market are as follows:
1. IBM Corporation
3. Oracle Corporation
4. Fidelity National Information Services Inc.
5. Axiomsl, Inc.
7. Verisk Analytics, Inc.
9. Moody's Corporation
11. Risk Edge Solutions
12. SAS Institute Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.\
Request For Full Report: https://www.kennethresearch.com/sample-request-10059646
RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:Research study on the Global Risk Analytics Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team
About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products' demand, growth and opportunities for new and existing players.
Phone: +1 313 462 0609
Is there a problem with this press release? Contact the source provider Comtex at email@example.com. You can also contact MarketWatch Customer Service via our Customer Center.