Risk analytics helps in assisting the organisation in future risk prediction in the business and risk analytics tools helps companies to derive risk-aware decisions, improving the business performance and improve capital and reduce cost in regulatory compliance. The risk analytics market has the high CAGR 15.5% during the forecast period 2019-2025. Increasing need for risk management across various end users and growing automation facilitating faster and actionable decision-making are the significant factors driving the growth of the risk analytics market. However, increasing expenses in investments is impeding the growth of the market. Increasing need for organisations to sustain in the competitive environment and emerging traction of cloud-based risk analytics solutions are creating a vast number of prospects in a coming couple of decades.
Research Study Objectives:
- Define, estimate, and forecast the risk analytics market statistics by component, risk type, deployment model, end-user, and regions concerning the individual growth drivers, market trends and their contribution toward the risk analytics market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the risk analytics Market Analysis report.
- Analysis and conclusions on the future risk analytics market outlook.
Top-down and bottom-up approaches are used to validate the risk analytics Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues
are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The risk analytics Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the risk analytics market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The risk analytics market segmentation is as follows:
By Component
- Software
- Dashboard Analytics and Risk Reporting Tools
- ETL Tools
- GRC Software
- Risk Calculation Engines
- Scorecard and Visualization Tools
- Others
- Services
- Professional Services
- Managed Services
By Risk type
- Credit Risk
- Strategic Risk
- Financial Risk
- Operational Risk
- Others
By Deployment model
By Application Area
- Manufacturing
- Insurance
- Healthcare and Life Sciences
- Transportation and Logistics
- Retail and Consumer Goods
- Banking and Financial Services
- Government and Defense
- IT and Telecommunication
- Energy and Utilities
- Others
Geographical Analysis:
Risk Analytics Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New
Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the risk analytics Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global risk analytics Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant risk analytics market players, such as
- Oracle Corporation
- IBM Corporation
- SAP SE
- SAS Institute Inc.
- Verisk Analytics, Inc.
Along with these companies, many other companies are considered in the report while analysing the global risk analytics competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
