Risk Analytics Market Value Projected to Expand by 2029

Risk analytics market is anticipated to grow at a CAGR of 14.1% during the forecast period. Risk analysis has become an important tool in recent times as the number of companies opting for risky investments has increased. Hence, the study of compliance, feasibility, and risk analysis on various hierarchy levels in an organization has become extremely important. There is increasing adoption of risk analytics tools in different industry verticals as risk analytics tools enable companies to be aware of the forthcoming risks and take decisions accordingly. This spurs the growth of the global risk analytics industry.

Furthermore, the risk analytics market growth is attributed to various factors such as increasing competitive pressure on small and medium enterprises and supportive government regulations and policies. Enhancements in technology and innovations in cloud services are also propelling the market growth. The increasing adoption of cloud-based services and advanced technologies in risk analytics tools has given rise to a lot of opportunities in this market. However, data security and privacy concerns and the requirement of huge investments act as major growth factors for the market.

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Market Coverage

· The market number available for - 2021-2029

· Base year- 2021

· Forecast period- 2023-2029

Segment Covered-

· By Deployment Models

· By Verticals

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

Competitive Landscape- IBM Corp, Moody's Corp., Oracle Corp., SAP SE, and SAS Institute Inc., among others.

Risk Analytics Market Segmentation

By Deployment Model

· On-Premises

· Cloud-Based

By Verticals

· Banking, Financial services and Insurance (BFSI)

· IT & Telecommunication

· Healthcare

· Retail

· Others

A full Report of Risk Analytics Market is Available @ https://www.omrglobal.com/industry-reports/risk-analytics-market-size

Risk Analytics Market Report by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

· AXIOMSL Inc.

· BRIDGEi2i Analytics Solutions

· Cisco Systems Inc.

· Citrix Systems, Inc.

· DataFactZ

· Fidelity National Information Services, Inc.

· GURUCUL

· IBM Corp.

· Moody's Corp.

· Oracle Corp.

· Palantir Technologies Inc.

· Provenir

· Real Time Risk Systems LLC

· Riskturn Inc.

· SAP SE

· SAS Institute Inc.

· SparkCognition

· Strategic Thought Group

· Verisk Analytics, Inc.

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