As per the report, the global Risk analytics market was estimated at $18.25 billion in 2018 and is expected to hit $65.25 billion by 2026, registering a CAGR of 17.4% from 2019 to 2026.

Download Sample Report:

Rise in stringent government regulatory compliances, rapid growth of IoT landscape, and increase in adoption of risk analytics among financial institutions fuel the growth of the global risk analytics market. On the other hand, high cost and complexity in installation and configuration of the software impedes the growth to some extent. However, increase in demand from developing economies, and integration of artificial intelligence in risk analytics are expected to create a plethora of opportunities in the industry.

Based on deployment, the on-premise segment held the largest share in 2018, accounting for nearly three-fifths of the global risk analytics market. This attributed to the increase in the adoption of these systems due to enhanced security features provided by the on-premise model. Simultaneously, the cloud segment would cite the fastest CAGR of 19.1% during the estimated period, owing to the different services provided by the cloud.

For Purchase Inquiry:

Based on component, the solution segment contributed to nearly three fourths of the global risk analytics market share in 2018, and is expected to rule the roost by 2026. The risk analytics solutions are cheaper and faster to deploy which drives the growth of the segment. The services segment, on the other hand, would showcase the fastest CAGR of 19.8% from 2019 to 2026. Rise in need of various different services such as managed service and professional services propels the growth of the market.

Based on geography, North America generated nearly two-fifths of the global risk analytics market revenue in 2018, and is projected to lead the trail till 2026. This is due to increase in the cyber-attacks, financial theft and data theft. At the same time, Asia-Pacific is anticipated to grow at the fastest CAGR of 19.9% throughout the forecast period, owing to increase in growing IT spending among enterprise among developing economies and growing adoption of fast-moving and disruptive business models.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies. This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
Follow Us on: LinkedIn TwitterFacebookTwitterLinkedInEmailShare

Leave a comment

Your email address will not be published. Required fields are marked *