The Risk Analytics Market is broadly analyzed in this report that sheds light on critical aspects such as the vendor landscape, competitive strategies, market dynamics, and regional analysis. The report helps readers to clearly understand the current and future status of the Risk Analytics Market. The research study comes out as a compilation of useful guidelines for players to secure a position of strength in the global market. The authors of the report profile leading companies of the Risk Analytics Market such as BRIDGEi2i Analytics Solutions; DataFactZ; RECORDED FUTURE, INC.; Digital Fineprint; Finastra; Accenture; Tata Consultancy Services Limited; Genpact; ACL Services Ltd. dba Galvanize among others.
Global risk analytics market is expected to register a healthy CAGR of 14.02% in the forecast period to 2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value is due to the increasing instability of economies and stiff competitions resulting in higher risks associated in the market.
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Key Players Mentioned in the Risk Analytics Market Research Report: IBM Corporation; Oracle; SAP SE; SAS Institute Inc.; FIS; Moody’s Analytics, Inc.; Verisk Analytics, Inc.; AXIOMSL, Inc.; GURUCUL; PROVENIR; BRIDGEi2i Analytics Solutions; DataFactZ; RECORDED FUTURE, INC.; Digital Fineprint; Finastra; Accenture; Tata Consultancy Services Limited; Genpact; ACL Services Ltd. dba Galvanize among others.
Increased need for meeting the stringent compliances and industrial regulations posed by various governments and authorities; this factor is expected to drive the growth of the market
High volume of security breaches and data theft is another factor enhancing this market growth
Increasing prevalence of digitalization and business process automation amongst various industrial verticals will uplift the market growth
Growing levels of complexities associated with the various processes of different businesses is expected to propel the growth of the market
Sophisticated framework of regulatory compliances resulting in complicated development of these technologies hampers the growth of this market
Large financial costs associated with the integration and maintenance of this technology will restrict the market growth
Dearth of information and knowledge regarding the availability of these tools amongst SMEs also hinders the market growth
Important years considered in the study are:
Historical year – 2014-2019;
Base year – 2019;
Forecast period- 2020 to 2026
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Key Developments in the Market:
- In May 2019, Moody’s Analytics, Inc. announced the availability of “CAP Solution” their latest cloud-based risk modeling platform designed to offer risk management services for professionals of various management department. This platform will provide similar analytical services that Moody’s in-house team utilizes
- In May 2019, IBM Corporation in collaboration with Thomson Reuters announced availability of a solution for financial institutions like banks for meeting the various regulatory requirements with the help of AI technologies combined with real-time insights into the regulations. RegTech solution will be available through the IBM Cloud and is backed by the database of various financial groups which will be utilized along with powerful AI to deliver a better risk management and compliance management solution
Some of the Major Highlights of TOC covers:
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Chapter 2: Executive Summary
Chapter 3: Access Control Industry Insights
Technological and innovation landscape
Chapter 4: Access Control Market, By Region
Chapter 5: Company Profile
Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Risk Analytics Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Risk Analytics Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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