Press release
Risk Analytics Market 2018 Global Leaders: IBM, Oracle Corporation, Verisk Analytics, Risk Edge Solutions, Misys, AxiomSL, Gurucul and Provenir
Market Highlights:The Risk Analytics market is growing pervasively mainly due to the proliferation of massive amount of data that is being exposed to various hazards such as data theft among others. Risk analytics, by assessing the uncertainties helps in avoiding vulnerabilities of data forging, system failures and anything that could obstruct business operations.
Risk Analytics provides clear visibility towards the challenges and uncertainties associated with a particular process. Risk calculation tools and engines help in predicting risks and avoid future costs of handling the hazards mentioned above which are escalating the market on the global level garnering a tremendous amount of popularity.
Acknowledging the prominence and value this market is garnering currently and the growth prospect the market is demonstrating worldwide, Market Research Future (MRFR) in its recently published study report asserts that the global Risk Analytics market will reach USD 42 Bn. by 2023, registering a CAGR of 14% throughout the review period (2017-2023).
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Major Key Players
• SAP SE (Germany),
• IBM Corporation (U.S.),
• Moody's Analytics, Inc. (U.S.),
• SAS Institute Inc. (U.S.),
• Oracle Corporation (U.S.),
• Verisk Analytics, Inc. (U.S.),
• Risk Edge Solutions (India),
• Misys (U.K.), AxiomSL (U.S.),
• Gurucul (U.S.) and Provenir, Inc. (U.S.) among others.
According to MRFR, The global Risk Analytics Market is expected to grow at approx. USD 42 Billion by 2023, at 14% of CAGR between 2017 and 2023.
Industry Updates:
September 11, 2018 - MSCI Inc. (US), a leading provider of research-based indexes, ratings, and analytics, announced the next step toward advancing ESG integration into the investment management process by delivering ESG solutions across its suite of risk and portfolio analytics systems.
August 24, 2018 – EY (India), a global professional services organization, announced its plans to roll out SPECTRA - a bespoke Risk Analytics platform to three high-priority sectors namely, Retail and Consumer Products, Financial Services, and Life Sciences.
Segmentation:
The risk analytics market has been segmented into segments such as deployment, component, vertical and region.
By Deployment: On-Premise and On-Demand
By Component: Software and Service
By Vertical: Healthcare, BFSI, Government, Transportation, Manufacturing, Retail, IT & Telecommunication
By Region: Latin America, Europe, Asia Pacific, North America and Middle East & Africa.
Regional Analysis:
Globally, the North American region accounts for the leading market for the Risk Analytics. Advancements in technologies and market proliferation of portable connected devices such as mobiles and tablets are some of the prevailing trends which are expected to support the market growth to retain its dominance over the global Risk Analytics market throughout the forecast period.
Presence of well-established infrastructures alongside the presence of key players in the region acts as a key driving force, allowing the favorable environment for developments in technologies. The market is estimated to witness a higher adoption of Risk Analytics tools owing to the government’s efforts to push the markets for cloud technologies.
The Asia Pacific region is projected to grow at the fastest rate during the forecast period, emerging as a promising market for Risk Analytics. Increasing number of businesses in some of the countries such as India, China, Japan, and Korea substantiate the market growth, augmenting the demand for deployment of Risk Analytics technologies. Simultaneously, massive demand for the advanced analytics solutions that can provide comprehensive support and real-time access to data increases the market size, facilitating enterprises to comprehend business scenarios.
The Indian government is promoting Digital India Program with a vision to transform the nation into a digitally empowered economy which in turn, will pose India as a prominent market of Risk Analytics. Companies operating in the APAC region will benefit from the flexible policies of the government as well as the expanding digital market that will have a significant impact on the business community.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/risk-analytics-market-3163
Intended Audience
• Technology investors
• Integrated device manufacturers (IDMs)
• Original equipment manufacturers (OEMs)
• Research/Consultancy firms
• Risk engine solution providers
• Government agencies
• Risk assessment service providers
• Venture capitalists
• Value-added resellers
• Small, medium-sized, and large enterprises
• Third-party providers
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
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