Global Risk Analytics Market valued approximately USD 21.18 billion in 2018 is anticipated to grow with a healthy growth rate of more than 15.60% over the forecast period 2019-2026. The Risk Analytics Market is continuously growing in the global scenario at significant pace. Risk analytics assist organizations in knowing the certain risk existing in their businesses. Risk analytics tools help companies to derive risk aware decisions and thus improving their business performance. Alongside this, risk analytics tools improve return on capital and reduces cost involved in regulatory compliance. With enterprises thriving to reduce the catastrophic losses, adoption of risk analytics tools have seen an uprising trend in recent years. Moreover, risk analytics tools help in central clearing of over-the-counter (OTC) derivatives. Surging pressure to adopt novel technologies smoother operations, escalating need for risk management considering various industries, automation enabling Actionable & Precise decision making are the substantial driving factors of the market during the forecast period. Additionally, rising traction of cloud-based risk analytics solutions is another factor that impelling the demand of risk analytics across the globe. Moreover, escalating need for organizations to sustain in present competitive scenario is the factors that likely to create numerous opportunity in the near future. However, high cost of investment and lack of analytical expertise are the factors that limiting the growth of the market during the forecast period.
The regional analysis of Global Risk Analytics Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share due to presence of large number of services & software providers and developed IT ecosystem in the region. Europe is estimated to grow at stable growth rate in the global Risk Analytics market over the upcoming years. Further, Asia-Pacific is anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2026 due to increasing technological penetration and increasing competition in the market across the region.
The major market player included in this report are:
IBM Corporation
Oracle Corporation
SAP SE
SAS Institute Inc.
Sybase
Financial Services
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Software
Service
By End-User:
BFSI
Retail
Healthcare
Manufacturing
Others
By Application:
Credit Risk
Market and Liquidity Risk
Operational Risk
Portfolio Risk Management
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Risk Analytics Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Summary:
Get latest Market Research Reports on Risk Analytics . Industry analysis & Market Report on Risk Analytics is a syndicated market report, published as Global Risk Analytics Market Size study, by Type (Software, Service), by End-User (BFSI, Retail, Healthcare, Manufacturing, Others), by Application (Credit Risk, Market and Liquidity Risk, Operational Risk, Portfolio Risk Management) and Regional Forecasts 2019-2026. It is complete Research Study and Industry Analysis of Risk Analytics market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.