Press release
Risk Analytics Market Report Survey 2021 with Top Companies AxiomSL, Inc. Provenir, Verisk Analytics, Inc., Moody's Analytics, Inc., IBM Corporation, Oracle Corporation, SAP SE.
The COVID-19 pandemic has not only impacted our lives on a personal level but also the world economy at large. International export and import transactions are at a standstill and the entire world economy seems to be lagging. However, with government support and following stringent emergency rules, we hope to soon overcome this bio war. We at Fortune Business Insights are offering a detailed analysis of the impact of COVID-19 on various markets for the benefit of market investors.
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Key questions answered in the report:
What will the Risk Analytics Market growth rate of Nuclear Medicines Radioisotopes market in 2026?
What are the key factors driving the global Nuclear Medicines Radioisotopes market?
Who are the key manufacturers in Risk Analytics Market space?
What are the market opportunities, market risk and market overview of the market?
What are sales, revenue, and price analysis of top manufacturers of Risk Analytics Market?
Who are the distributors, traders and dealers of market?
What are the Risk Analytics Market opportunities and threats faced by the vendors in the global Nuclear Medicines Radioisotopes industry?
What are sales, revenue, and price analysis by types and applications of market?
What are sales, revenue, and price analysis by regions of Risk Analytics Market industry?
Drivers & Restraints-
Increasing Adoption by Small and Middle Sized Companies to Augment Growth
A rise in the need of an all-in-one software for analyzing and detecting the overall digital performance of the firm or business is propelling the risk analytics market growth. This, coupled with the increasing number of cybercrime cases, malicious frauds, and other forms of data theft are expected to aid in the expansion of the Risk Analytics Market in the coming years. Additionally, the increasing complexities associated with the business processes across all small, medium, and large industries are likely to bode well for the market in the coming years.
On the negative side, the complex nature of unstructured data and mismeasurement of known risks may pose a major threat to the market in the coming years. Nevertheless, the adoption of predictive risk management on a large scale is likely to create lucrative growth opportunities for the market in the coming years, thereby surging the demand for analytics solutions.
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Segment-
Financial Risks Segment to Earn Dominance Accountable to Uncertainties of International Exchange Levels
Based on segmentation by application, the financial risks segment earned the largest risk analytics market share on account of the uncertainty related to the credit quality, stock values, international exchange levels, liquidity, and asset costs. The implementation of advanced analytics solutions will help the financial firms and banks to predict the consumer preferences and behavior for better evaluation.
Regional Analysis-
North America Generated Significant Revenue Owing to Increasing Acceptance of Risk Management Technologies by Various Industries
Geographically, North America earned USD 7.49 billion in 2019 and emerged dominant with the increasing adoption of software and services to protect crucial data. Besides this, the small and large enterprises are also adopting cybersecurity management services for improving the efficiency of their business, thereby aiding in the expansion of the regional Risk Analytics Market.
On the other side, the Risk Analytics Market in Asia Pacific is likely to gain impetus in the coming years on account of the advent of digital transformation, fewer cybersecurity practices in businesses, high internet access, and the increasing number of data violation cases. The increasing awareness about the importance of data protection is propelling the adoption of risk analytics. Therefore, this region is likely to rise significantly in the forecast period.
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Competitive Landscape-
Moody’s Analytics, Inc. is Holding Largest Share Due to Diverse Portfolio
Amongst the list of players operating in the risk analytics market, Moody’s Analytics Inc. emerged dominant on account of its diverse portfolio and wide adoption, especially across the United States. Besides this, Moody’s approach to the development of analytics products and growth strategies is holistic and this may further help the company to continue dominating in the market in the coming years.
Key Industry Developments of the Market include:
May 2019 – Thomas Reuters and IBM Corporation signed a collaborative agreement for integrating real-time regulatory models and artificial intelligence (AI) for helping banks meet the ever-increasing regulatory demands.
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Fortune Business Insights™ lists out the names of this analytics solution providers functioning in the Risk Analytics Market. They are as follows:
OneSpan
Fidelity National Information Services, Inc. (FIS)
Recorded Future, Inc.
Risk Edge Solutions
AxiomSL, Inc.
Provenir
Verisk Analytics, Inc.
Moody's Analytics, Inc.
IBM Corporation
Oracle Corporation
SAP SE
Other players
Contact:
Name: Ashwin Arora
Email: sales@fortunebusinessinsights.com
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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