The new report by Expert Market Research titled, ‘Global Enterprise Risk Management Market Price, Trends, Size, Share, Report and Forecast 2023-2028’, gives an in-depth analysis of the Global Enterprise Risk Management market, assessing the market based on its segments like component, institution, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/enterprise-risk-management-market/requestsample
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2020): USD 4 Billion
- Forecast CAGR (2023-2028): 5.03%
- Forecast Market Size (2026): USD 4.6 Billion
The expansion of the global risk management market is being fuelled by a surge in enterprise data security breaches and an increase in demanding government regulatory compliances across the globe. Additionally, the increasing usage of risk management in FinTech businesses and the global growth of the IoT environment all contribute to the market’s growth.
Growing demand from emerging economies and the incorporation of artificial intelligence into risk management are likely to create significant development potential for the risk management market over the forecast period.
Enterprise Risk Management Industry Definition and Major Segments
Enterprise risk management (ERM) is the systematic identification and mitigation of probable events that could jeopardize the attainment of strategic objectives or opportunities to obtain a competitive edge. ERM aims to compile a list of all possible risks that could affect the business’s viability – both positively and negatively.
Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/enterprise-risk-management-market
Basis component, the market can be bifurcated into the following:
On the basis of the institution, the market can be segmented into the following:
- Credit Unions
- Specialty Finance
Based on region, the risk management market can be divided into:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa.
Enterprise Risk Management Market Trends
Increased adoption of digitalization to improve customer experience and increasing demand for risk management solutions from banks and other financial institutions is driving the market forward. Additionally, the rising use of software to manage process and data risk more efficiently are just some of the expected factors to boost the enterprise risk management market’s growth during the forecast period.
Cloud technological advancements, combined with an increasing number of development activities, will continue to generate new and abundant opportunities, resulting in the enterprise risk management market’s expansion. The adoption of cloud-based software, especially in the developing nations of Asia-Pacific, Latin America and the Middle East and Africa, is fuelling the market’s growth.
By region, North America is anticipated to retain its position and hold the largest share, which could be attributed to the increasing number of cyber-attack cases in the region demanding risk management solutions.
Asia-Pacific, on the other hand, is predicted to grow at a substantial rate over the forecast period, owing to favourable government policies regarding risk management software and an increase in data theft cases across several IT industries. The market’s growth has also been fuelled by the region’s growing population and economic development.
Key Market Players
The major players in the market are SAI Global Pty Limited, Capgemini SE, Dell Inc., Fidelity National Information Services, Inc., International Business Machines Corporation, Infosys Limited, Logic Manager, Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:-
Cosmetic Oil Market: https://www.marketwatch.com/press-release/cosmetic-oil-market-share-size-trends-price-growth-analysis-report-forecast-2023-2028-2023-04-28?mod=search_headline
Precision Forestry Market: https://www.marketwatch.com/press-release/precision-forestry-market-price-trends-size-share-growth-analysis-report-forecast-2023-2028-2023-04-28?mod=search_headline
Ferroalloys Market: https://www.marketwatch.com/press-release/ferroalloys-market-trends-price-share-size-growth-analysis-report-forecast-2023-2028-2023-04-28?mod=search_headline
Environmental Monitoring Market: https://www.marketwatch.com/press-release/environmental-monitoring-market-share-size-trends-price-growth-analysis-report-forecast-2023-2028-2023-05-08?mod=search_headline
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Company Name: Claight Corporation
Contact Person: John Walker, Corporate Sales Specialist – U.S.A.
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA