openPR Logo
Press release

Global Digital Risk Management Market to Reach USD 29.2 Billion by 2031: Transparency Market Research

06-27-2024 03:28 PM CET | IT, New Media & Software

Press release from: Transparency Market Research

The Global Digital Risk Management Market is poised for substantial growth, projected to advance from USD 8.1 billion in 2022 to an impressive USD 29.2 billion by the end of 2031, with a robust CAGR of 15.3% over the forecast period. This market surge is fueled by the increasing complexity and frequency of cyberattacks and the heightened necessity for compliance with data protection regulations.

Download Sample PDF from Here- https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=85550&utm_source=Openpr&utm_medium=Amit

Market Dynamics and Key Drivers
As businesses across industries such as BFSI, healthcare, government, and retail continue to embrace digital technologies, the need for sophisticated digital risk management solutions has become more critical. These solutions help organizations mitigate risks associated with cybersecurity, operations, and third-party interactions, thereby safeguarding financial performance, operational integrity, and reputation.

The rise in digital transformation, leveraging technologies like AI, IoT, blockchain, and cloud computing, has introduced new vulnerabilities. According to a study by Ponemon, 82% of IT security and C-level executives reported data breaches while implementing new technologies. This underscores the urgent need for comprehensive digital risk management strategies, which are anticipated to propel market growth.

Banking Sector and Fraud Prevention
The banking sector is particularly vulnerable, with digital banking frauds on the rise. Digital risk management tools employing AI and machine learning are crucial in identifying and mitigating these risks. Banks are increasingly adopting advanced solutions for anti-money laundering (AML) processes, ensuring compliance while minimizing false positives. This trend is expected to significantly drive market expansion.

Access Full Report from Here - https://www.transparencymarketresearch.com/digital-risk-management-market.html

Market Segmentation
Component
• Software
• Services
• Professional Services
• Managed Services
Deployment
• Cloud
• On-premise
Enterprise Size
• SMEs
• Large Enterprises
Industry Vertical
• BFSI
• IT and Telecom
• Healthcare
• Retail
• Manufacturing
• Others

Regional Insights
North America is expected to dominate the digital risk management market from 2023 to 2031, owing to widespread digital technology adoption and increasing cyberattacks. Meanwhile, Asia Pacific is projected to experience the fastest growth, driven by rising awareness of digital asset risks and a growing focus on data protection.

Key Market Players and Developments
• IBM Corporation
• Oracle Corporation
• SAP
• SAS Institute Inc.
• Broadcom
• NAVEX Global, Inc.
• LogicManager, Inc.
• Metricstream Inc.
• ServiceNow
• RSA Security LLC
• Qualys, Inc.
• Rapid7

Notable developments include:
• In March 2020, 3i Infotech Limited launched AMLOCK Analytics to address high false positives in banks and financial institutions.
• In April 2020, Aiperion LLC introduced RiskKey software for advanced investment risk modeling and analytics.
• In March 2023, BitGo Trust Company, Inc. partnered with Digital Asset Services Ltd. to enhance wallet recovery security for institutional clients.
• In February 2023, OTORIO Ltd. partnered with Compugen to protect customers from cyber threats in operational technology environments.

Click Here to Purchase this Comprehensive Insights Report @ https://www.transparencymarketresearch.com/checkout.php?rep_id=85550<ype=S&utm_source=Openpr&utm_medium=Amit

About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

Contact Us:
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Email: sales@transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Digital Risk Management Market to Reach USD 29.2 Billion by 2031: Transparency Market Research here

News-ID: 3556997 • Views:

More Releases from Transparency Market Research

Electric Wheelchair Market Expanding at 9.2% CAGR Through 2036 - By Control Type / By Drive Configuration / By End-use | U.S. • Germany • China • Japan
Electric Wheelchair Market Expanding at 9.2% CAGR Through 2036 - By Control Type …
The global electric wheelchair market continues to demonstrate strong and sustained growth, fueled by demographic transitions, technological innovation, and expanding healthcare access worldwide. Valued at US$ 5.8 billion in 2025, the market is projected to reach US$ 15.3 billion by 2036, expanding at a compound annual growth rate (CAGR) of 9.2% from 2026 to 2036. Discover essential conclusions and data from our Report in this sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4198 This robust trajectory reflects rising
Vehicle Predictive Maintenance Market Size Forecast to USD 13.7 Billion by 2036 with a Focus on AI-Driven Fleet Optimization - Analysis by Transparency Market Research
Vehicle Predictive Maintenance Market Size Forecast to USD 13.7 Billion by 2036 …
Vehicle Predictive Maintenance Market Outlook 2036 The global vehicle predictive maintenance market was valued at USD 3 Billion in 2025 and is projected to reach USD 13.7 Billion by 2036, expanding at a robust CAGR of 14.7% from 2026 to 2036. Market growth is driven by increasing adoption of connected vehicles, rising fleet digitalization, advancements in AI-driven analytics, and growing emphasis on minimizing vehicle downtime and maintenance costs. 👉 Get your sample
Global Air Purification Systems Market to Reach USD 44.3 Billion by 2036 at 7.9% CAGR Driven by Regulatory Mandates, Smart Building Integration, and Rising Health Risks
Global Air Purification Systems Market to Reach USD 44.3 Billion by 2036 at 7.9% …
The global Air Purification Systems Market was valued at US$ 19.2 Bn in 2025 and is projected to expand to US$ 44.3 Bn by 2036, registering a compound annual growth rate (CAGR) of 7.9% from 2026 to 2036. The market's upward trajectory reflects the structural shift in indoor air quality (IAQ) management, moving from discretionary consumer spending to mission-critical infrastructure investment. With historical data available from 2021 to 2024, the industry
Polyvinylpyrrolidone (PVP) Market to Reach USD 6.2 Billion by 2036 Driven by Pharmaceutical and Cosmetic Demand
Polyvinylpyrrolidone (PVP) Market to Reach USD 6.2 Billion by 2036 Driven by Pha …
The Polyvinylpyrrolidone (PVP) Market was valued at around US$ 3.2 billion in 2025 and is projected to reach approximately US$ 6.2 billion by 2036, expanding at a steady CAGR of about 6.0% during the forecast period. This growth is primarily driven by rising demand from the pharmaceutical industry, where PVP is widely used as a tablet binder, solubilizer, and stabilizer, along with increasing consumption in cosmetics and personal care products

All 5 Releases


More Releases for Services

Managed Services by Ensure Services
Ensure Services is a leading managed services provider offering comprehensive IT support and solutions designed to streamline operations, improve efficiency, and reduce operational costs for businesses of all sizes. Our managed services are tailored to meet the unique needs of your organization, ensuring you can focus on your core business while we handle your IT infrastructure. With years of experience and a team of certified professionals, we deliver proactive monitoring, ongoing
Electrical Services Market Next Big Thing | Major Giants SSI Electrical Services …
A new business intelligence report released by AMA with title "Electrical Services Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Electrical Services Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and
North & South America Commercial Services Market 2022 (Employment Services, Offi …
The Business Research Company’s Commercial Services Global Market Report 2019 covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. Ratios of market size and growth to related markets, GDP proportions, and expenditure per capita for the market is detailed in the report. Data and analysis throughout the
AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & …
Kunal Repair & Services is growing on-demand home services platform in India and we are currently operating in Gurgaon. We offer an array of services which include AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & Repair, R.O Services & Repair, Microwave Services & Repair, Geyser Services & Repair. Our operating philosophy for solving this massive problem is - Right price. To know why we do what we
Electrical Services Market Technology and Outlook 2023 Top Companies are Allianc …
A report added to the rich database of Qurate Business Intelligence, titled “Global Electrical Services Market Size, Status and Forecast 2023”, provides a 360-degree overview of the worldwide market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the data reliable in context
Electrical Services Market Size 2018: Alliance Electrical Services, Housejoy, Te …
In 2017, the global Electrical Services market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025. This report focuses on the global Electrical Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Electrical Services development in United States, Europe and China. Get Sample Copy of this report @ http://www.orbisresearch.com/contacts/request-sample/2311492