BFSI Crisis Management Market by Component (Solution and Services), Deployment Type (On-premises and Cloud), Enterprise Size (Large Enterprises and Small & Medium Enterprises (SMEs)), and Application (Disaster Recovery & Business Continuity, Risk & Compliance Management, Crisis Communication, Incident Management & Response, and Others), and End User (Banks, Insurance Companies, and Others) : Global Opportunity Analysis and Industry Forecast, 2020-2027 According to a recent report published by Allied Market Research, titled, “BFSI Crisis Management Market by Component, Deployment Type, Enterprise Size, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2020-2027,” the global BFSI crisis management market size was valued at $8.46 billion in 2019, and is projected to reach $31.15 billion by 2027, growing at a CAGR of 18.2% from 2020 to 2027.
Download Sample Report : https://www.alliedmarketresearch.com/request-sample/11470
Top impacting factors
Rapid digitalization by financial institutions & banks
Businesses and financial institutions are adopting digitalised platforms and networked solutions to operate in the market. Moreover, crisis management companies in the industry provide crisis management services to this sector for risk tracking, fraud detection, and incident and compliance management to improve customer experience and efficiency. In addition, crisis management solutions are provided to improve customer satisfaction. Consequently, surge in digitalisation has led to the quick adoption of advanced crisis management solutions in the BFSI sector and collectively contribute to the expansion of the worldwide BFSI crisis management market.
Key market segments
By Component
- Software
- Services
By Deployment type
- On-premises
- Cloud
By Enterprises Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By Application
- Disaster Recovery & Business Continuity
- Risk & Compliance Management
- Crisis Communication
- Incident Management & Response
- Others
By End User
- Banks
- Insurance Companies
- Others
Get 20% Free Customization in This Report: https://www.alliedmarketresearch.com/request-for-customization/11470
Asia-Pacific would exhibit the highest CAGR of 20.4% during 2020-2027.
Asia-Pacific is expected to grow at the fastest CAGR during the forecast period, as several financial institutions, banks, and insurance companies are adopting crisis management software & services to boost business efficiency, lower compliance risk exposure, and increase bureaucratic competence of organizations in the region. Additionally, BFSI crisis management market research shows detailed study on business status, creative ways to grow companies, financial factors like manufacturing value, major regions, and growth rates. The development in the customers experiences towards accessing financial products & services is expected to offer profitable opportunities to BFSI Crisis Management market in the projected timeframe. North America holds the largest share of the BFSI Crisis Management Market and is expected to continue the same trend in the forecast period, due to increasing awareness about crisis management solutions among banks and financial institutions, and expanding partnerships between technology companies and central banks & financial institutions in the region.
Key findings of the study
- By deployment type, the on-premise segment led the BFSI crisis management market share, in terms of revenue in 2019.
- On the basis of application, the incident management & response segment garnered the market share in 2019.
- Region wise, North America generated the highest revenue in 2019.
The key players profiled in the BFSI crisis management market are 4C Strategies, CURA Software Solutions, Everbridge, IBM, Konexus, LogicGate, Inc., MetricStream Inc., NCC Group, Noggin, and SAS Institute Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Related Links:
Asia-Pacific Wealth Management Market: https://www.alliedmarketresearch.com/asia-pacific-wealth-management-market-A15891
BFSI Crisis Management Market: https://www.alliedmarketresearch.com/bfsi-crisis-management-market-A11105
Asset Management Market: https://www.alliedmarketresearch.com/asset-management-market-A06192
Equity Portfolio Management & Advisory Services Market: https://www.alliedmarketresearch.com/equity-portfolio-management-and-advisory-services-market-A06930
Fintech Crisis Management Market: https://www.alliedmarketresearch.com/fintech-crisis-management-market-A08280
Credit Risk Management Software for Banks Market: https://www.alliedmarketresearch.com/credit-risk-management-software-for-banks-market-A13172
Virtual Account Management Software Market: https://www.alliedmarketresearch.com/virtual-account-management-software-market-A14705
Fixed Income Asset Management Market: https://www.alliedmarketresearch.com/fixed-income-asset-management-market-A15153
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 to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact Us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com