The Global Risk Analytics market is expected to grow from $ 13.72 billion in 2016 to reach $ 41.89 billion by 2023 with a CAGR of 17.2%. Growing demand for risk management among industries, rising need for accepting new technologies for smoother operations are fueling the market. On the other hand, huge cost in implementing new technologies, shortage of analytical experts is hindering the market.
On-premises has acquired highest growth rate and the growth is attributed to the organizations using this in more number as it provides confidentiality to the data. By application, insurance segment is leading the market as it gives convenient data about customer value chain and also helps in reducing insurance frauds. North America is dominating the risk analytics market due to the acceptance of risk analytics solutions by various organizations to reduce losses.
Deployment Models Covered:
- On-Demand
- On-Premises
Components Covered:
- Services
- Managed Services
- Professional Services
- Software
- Scorecard and Visualization Tools
- GRC Software
- ETL Tools
- Dashboard Analytics and Risk Reporting Tools
- Risk Calculation Engines
- Other Softwares
End Users Covered:
- Transportation and Logistics
- Government and Defense
- Banking and Financial Services
- Energy and Utilities
- Manufacturing
- IT and Telecom
- Insurance
- Healthcare and Life Sciences
- Retail and Consumer Goods
- Communications
- Media and Entertainment
- Other End Users
Risk Types Covered:
- Operational Risk
- Financial Risk
- Strategic Risk
- Liquidity Risk
- Portfoli-Management
- Industry Benchmarking
- Credit Risk
- Market Risk
- Other Risk Types
Solution Types Covered:
- Risk reporting
- Information Extraction
- Compliance
- Analytical Engines
- Other Solution Types
Companies Mentioned
- Verisk Analytics, Inc.
- SAS Institute Inc.
- SAP SE
- Risk Edge Solutions
- Provenir
- Oracle Corporation
- Moody’s Corporation
- Misys
- International Business Machines Cor
Key Topics Covered:
1. Executive Summary
2. Preface
3. Market Trend Analysis
4. Porters Five Force Analysis
5. Global Risk Analytics Market, By Deployment Model
6. Global Risk Analytics Market, By Component
7. Global Risk Analytics Market, By End User
8. Global Risk Analytics Market, By Risk Type
9. Global Risk Analytics Market, By Solution Type
10. Global Risk Analytics Market, By Geography
11. Key Developments
12. Company Profiling
For more information about this report visit https://www.researchandmarkets.com/research/4b7b88/risk_analytics