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The Risk Analytics Market size was valued at USD 40.54 billion in 2023 and is expected to reach USD 116.27 billion in 2032 with a growing CAGR of 12.42% Over the Forecast Period 2024-2032.
Software for risk analytics is used by businesses to effectively and efficiently manage a variety of hazards. This software is widely recognized for its numerous capabilities, which encompass risk identification, risk management, and crisis prevention. The rise in various cyberattacks, fraudulent assaults, and data theft on various enterprises as a result of the ongoing trend of digitalization are the main factors propelling the growth of the global market. Data security breaches in businesses and an increase in government regulatory compliance are two key trends in the risk analytics market that are predicted to fuel market expansion. Additionally, the market is being fueled by the increased use of risk analytics in financial institutions and the expansion of the IoT industry. The market's expansion is, however, constrained by factors including high installation costs, complexity in software configuration, and a lack of protection offered by risk analytics.
The increased usage of mobile banking services and the growing amount of data are two additional factors driving the demand for risk analytics in the banking, financial services, and insurance (BFSI) industry. Risk analytics can be used to gather crucial data, create actionable insights, and combine the data into a single, comprehensive perspective. Additionally, risk analytics are essential for logistics companies worldwide to effectively address supply chain problems and commercial disruptions brought on by the international spread of the coronavirus disease.
Drivers
An increase in business process complexity
The Use of Data Mining and Machine Learning to Help Businesses Remain Competitive in a Time of Changing Risks
Organizations find it difficult to handle a big amount of data and identify possible dangers when business complexity rises. The primary drivers of increased firm complexity are growing innovations, changing complexity, a lack of information management, complex legislation, and regulatory oversight. After the financial crisis, businesses grew more cautious about risk management and began spending a lot of money implementing innovative strategies that can assist manage risk throughout the entire organization. Data has been produced in enormous amounts as a result of growing technical innovation and the spread of new technologies like AI, ML, IoT, and edge computing.
Restrains
The complexity of regulatory compliance
Skill professionals are required for handling.
Across the world, regulatory compliances take many different forms. As a result, it becomes challenging for firms to reduce compliance risk and adhere to a variety of regulatory standards that vary from country to country and industry to industry. Given that there is no established standard to be followed, this is one of the issues limiting the growth of the market for risk analytics. These variables are also making it challenging for companies that offer risk analytics solutions to meet the needs of different end users. Organizations concentrate on implementing internal regulatory guidelines and policies in some of the places where there is no regulatory structure and standard set by governing bodies.
Opportunities
New developments in the fintech sector
Consistently rising demand for risk management from Various sectors.
Increasing workforce management investments
Challenges
Data integration from data silos.
Risk analytics companies would likely see increased demand for their services, as businesses and investors seek to understand the potential impact of the conflict on various sectors and regions. Geopolitical risk analysis could become a crucial component of decision-making for investments and business operations.
Escalating conflicts can lead to increased market volatility, with fluctuations in stock prices, currency values, and commodity prices. Russia is ranked 50th out of 141 nations in the World Economic Forum's report for its risk management procedures. Risk analytics tools that help in modeling and predicting market movements may gain prominence as investors and businesses seek ways to navigate these uncertainties. Digital fraud increased considerably in 2022, with the global assault rate increasing by 20% across all sectors. Fraudsters frequently follow trends, as seen by the fact that they targeted rising mobile transactions. Desktop transaction attacks increased by 8% in 2022, while mobile browser and mobile application attacks increased by 37% and 58%, respectively. Financial institutions might experience elevated credit risk due to geopolitical tensions. Risk analytics solutions that assist in assessing the creditworthiness of borrowers and counterparties could see higher demand as lenders become more cautious about lending in uncertain times. The conflict could disrupt supply chains, affecting the flow of goods and services. Risk analytics tools that enable businesses to assess the vulnerability of their supply chains and develop contingency plans might be in demand. During times of geopolitical instability, cyber threats and attacks could increase. Risk analytics in the realm of cybersecurity might be sought after to identify and mitigate potential cyber risks targeting both governments and businesses. The insurance industry might experience shifts in demand for various types of insurance coverage due to increased risks associated with the conflict.
Impact of Recession
Recessions typically lead to cost-cutting measures within businesses. This could impact spending on various services, including risk analytics 9% reduction in spending on risk analytics. Companies might be more cautious about investing in new or additional risk analytics tools if they perceive them as non-essential or too costly. Economic downturns can bring about shifts in the risk landscape. Some risks may become more pronounced, while others may diminish in importance. Risk analytics providers would need to adapt their models and methodologies to reflect these changing risk profiles, ensuring that their services remain relevant and effective. To save costs and improve efficiency, businesses might seek to integrate their risk analytics processes and automate certain tasks. This could drive demand for more streamlined and automated risk analytics solutions that offer quicker insights and actionable recommendations. Recessionary periods can lead to industry consolidation as weaker players may struggle to sustain themselves. Larger, more established risk analytics providers might acquire smaller competitors, leading to changes in market dynamics and the competitive landscape. Governments and regulatory bodies might enact new regulations or modify existing ones in response to economic challenges. These changes could impact the risk analytics market, as businesses may need to adjust their risk management strategies to remain compliant. Businesses might become more risk-averse and cautious during a recession. This could lead to longer decision-making cycles, as companies carefully evaluate the potential impacts of various risks before taking action. Risk analytics providers would need to accommodate this slower pace of decision-making.
By Component
Software
Services
By Deployment Mode
Cloud
On-premises
By Risk Types
Strategic Risk
Operational Risk
Financial Risk
Others
By Organization Size
Large enterprises
Small and medium-sized enterprises (SMEs)
By Vertical
Banking and Financial Services
Insurance
Manufacturing
Transportation and Logistics
Retail and Consumer Goods
IT and Telecom
Government and Defense
Healthcare and Life Sciences
Energy and Utilities
Other
The 36.2% market share is anticipated to belong to North America. The dominance of the region is linked to the industry's increasing acceptance of risk-governing technologies. In order to reduce risks and redundancies, organizations in the region are more likely to change their current risk management strategies. For instance, in the wake of many cyberattacks, banks and financial institutions in the area are placing more emphasis on controlling cybersecurity risks. Vendors of analytics solutions are implementing cutting-edge technology including robotic process automation (RPA), machine learning, and cognitive analysis. Businesses are putting their attention on altering risk assessment frameworks with these technological integrations. By automatically analyzing a sizable amount of unstructured data, identifying potential dangers, and enabling preventive measures, the adoption of such technologies might assist SMEs and major organizations in the region in improving business efficiency.
Due to widespread internet access, lax cybersecurity policies among enterprises, growing cross-border data flows, and effective law enforcement, Asia Pacific (APAC) is the perfect place for cybercriminals to thrive. Due to the region's fast-growing networking and increasing digital transformation, businesses in that area have started to adopt analytics solutions. Businesses across the country face information risks regardless of their cybersecurity efforts since cyber vulnerability and data protection violations are pervasive in their daily operations. These attacks frequently cause substantial losses, such as losses from unhappy clients, company interruptions, or credibility damage.
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REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The major players in the market are Alteryx, SAS, Oracle, IBM, Recorded Future, FIS, Moody’s Analytics, SAP, Verisk Analytics, AxiomSL, Provenir, Gurucul, Quantexa, AcadiaSoft, Kyvos Insights, Qlik, DataFactZ, CubeLogic Limited, BRIDGEi2i, Risk Edge Solutions, Spin Analytics, Equarius, Quantifi, Actify Data Labs, Risk Analytics, Zesty.ai, Amlgo Labs, Artivatic, Artivatic, RiskVille, and others.
Neudesic, a top U.S. cloud services consultancy with expertise in multi-cloud and especially the Microsoft Azure platform, was bought by IBM in February 2022, This acquisition will broaden IBM's offering of hybrid multi-cloud services and advance the business' hybrid cloud and AI ambitions.
In May 2021, Moody's Corporation and RMS announced their agreement for Moody's to acquire RMS from Daily Mail and General Trust plc for approximately USD 2 billion. RMS, a prominent global provider of climate and natural disaster risk modeling and analytics, will now become a part of Moody's. This acquisition will not only enhance Moody's insurance data and analytics business but also generate an immediate revenue increase of approximately USD 500 million. Moreover, it will expedite the development of Moody's integrated risk capabilities on a global scale, enabling the company to effectively address the upcoming challenges in risk assessments.
IBM unveiled IBM OpenPages Data Privacy Management in March 2021 as a new module for the OpenPages platform that enables businesses to tackle fresh data privacy concerns.
Report Attributes | Details |
Market Size in 2023 | US$ 40.54 Bn |
Market Size by 2032 | US$ 116.27 Bn |
CAGR | CAGR of 12.42 % From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Component (Software, Services) • By Deployment Mode (Cloud, On-premises) • By Risk Types (Strategic Risk, Operational Risk, Financial Risk, Others) • By Organization Size (Large enterprises, Small and medium-sized enterprises (SMEs)) • By Vertical (Banking and Financial Services, Insurance, Manufacturing, Transportation and Logistics, Retail and Consumer Goods, IT and Telecom, Government and Defense, Healthcare and Life Sciences, Energy and Utilities, Other) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
Company Profiles | Alteryx, SAS, Oracle, IBM, Recorded Future, FIS, Moody’s Analytics, SAP, Verisk Analytics, AxiomSL, Provenir, Gurucul, Quantexa, AcadiaSoft, Kyvos Insights, Qlik, DataFactZ, CubeLogic Limited, BRIDGEi2i, Risk Edge Solutions, Spin Analytics, Equarius, Quantifi, Actify Data Labs, Risk Analytics, Zesty.ai, Amlgo Labs, Artivatic, Artivatic, RiskVille |
Key Drivers | • An increase in business process complexity • The Use of Data Mining and Machine Learning to Help Businesses Remain Competitive in a Time of Changing Risks |
Market Restraints | • The complexity of regulatory compliance • Skill professionals are required for handling. |
Ans. The CAGR of the Risk Analytics Market is 12.42 %.
ANS: Yes, you can ask for the customization as pas per your business requirement.
Ans. The North American region is dominating the Risk Analytics Market with a 36.2% market share.
Ans: The value of the Risk Analytics Market is 40.54 billion in 2023.
Ans: • The complexity of regulatory compliance
• Skill professionals are required for handling.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Risk Analytics Market Segmentation, By Component
8.1 Software
8.2 Services
9. Risk Analytics Market Segmentation, By Deployment Mode
9.1 Cloud
9.2 On-premises
10. Risk Analytics Market Segmentation, By Risk Types
10.1 Strategic Risk
10.2 Operational Risk
10.3 Financial Risk
10.4 Others
11. Risk Analytics Market Segmentation, By Organization Size
11.1 Large enterprises
11.2 Small and medium-sized enterprises (SMEs)
12. Risk Analytics Market Segmentation, By Vertical
12.1 Banking and Financial Services
12.2 Insurance
12.3 Manufacturing
12.4 Transportation and Logistics
12.5 Retail and Consumer Goods
12.6 IT and Telecom
12.7 Government and Defense
12.8 Healthcare and Life Sciences
12.9 Energy and Utilities
12.10 Other
13 Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 North America Risk Analytics Market By Country
13.2.2 North America Risk Analytics Market By component
13.2.3 North America Risk Analytics Market By Deployment Mode
13.2.4 North America Risk Analytics Market By Risk Types
13.2.5 North America Risk Analytics Market By Organization Size
13.2.6 North America Risk Analytics Market By Vertical
13.2.7 USA
13.2.7.1 USA Risk Analytics Market By component
13.2.7.2 USA Risk Analytics Market By Deployment Mode
13.2.7.3 USA Risk Analytics Market By Risk Types
13.2.7.4 USA Risk Analytics Market By Organization Size
13.2.7.5 USA Risk Analytics Market By Vertical
13.2.8 Canada
13.2.8.1 Canada Risk Analytics Market By component
13.2.8.2 Canada Risk Analytics Market By Deployment Mode
13.2.8.3 Canada Risk Analytics Market By Risk Types
13.2.8.4 Canada Risk Analytics Market By Organization Size
13.2.8.5 Canada Risk Analytics Market By Vertical
13.2.9 Mexico
13.2.9.1 Mexico Risk Analytics Market By component
13.2.9.2 Mexico Risk Analytics Market By Deployment Mode
13.2.9.3 Mexico Risk Analytics Market By Risk Types
13.2.9.4 Mexico Risk Analytics Market By Organization Size
13.2.9.5 Mexico Risk Analytics Market By Vertical
13.3 Europe
13.3.1 Eastern Europe
13.3.1.1 Eastern Europe Risk Analytics Market By Country
13.3.1.2 Eastern Europe Risk Analytics Market By component
13.3.1.3 Eastern Europe Risk Analytics Market By Deployment Mode
13.3.1.4 Eastern Europe Risk Analytics Market By Risk Types
13.3.1.5 Eastern Europe Risk Analytics Market By Organization Size
13.3.1.6 Eastern Europe Risk Analytics Market By Vertical
13.3.1.7 Poland
13.3.1.7.1 Poland Risk Analytics Market By component
13.3.1.7.2 Poland Risk Analytics Market By Deployment Mode
13.3.1.7.3 Poland Risk Analytics Market By Risk Types
13.3.1.7.4 Poland Risk Analytics Market By Organization Size
13.3.1.7.5 Poland Risk Analytics Market By Vertical
13.3.1.8 Romania
13.3.1.8.1 Romania Risk Analytics Market By component
13.3.1.8.2 Romania Risk Analytics Market By Deployment Mode
13.3.1.8.3 Romania Risk Analytics Market By Risk Types
13.3.1.8.4 Romania Risk Analytics Market By Organization Size
13.3.1.8.5 Romania Risk Analytics Market By Vertical
13.3.1.9 Hungary
13.3.1.9.1 Hungary Risk Analytics Market By component
13.3.1.9.2 Hungary Risk Analytics Market By Deployment Mode
13.3.1.9.3 Hungary Risk Analytics Market By Risk Types
13.3.1.9.4 Hungary Risk Analytics Market By Organization Size
13.3.1.9.5 Hungary Risk Analytics Market By Vertical
13.3.1.10 Turkey
13.3.1.10.1 Turkey Risk Analytics Market By component
13.3.1.10.2 Turkey Risk Analytics Market By Deployment Mode
13.3.1.10.3 Turkey Risk Analytics Market By Risk Types
13.3.1.10.4 Turkey Risk Analytics Market By Organization Size
13.3.1.10.5 Turkey Risk Analytics Market By Vertical
13.3.1.11 Rest of Eastern Europe
13.3.1.11.1 Rest of Eastern Europe Risk Analytics Market By component
13.3.1.11.2 Rest of Eastern Europe Risk Analytics Market By Deployment Mode
13.3.1.11.3 Rest of Eastern Europe Risk Analytics Market By Risk Types
13.3.1.11.4 Rest of Eastern Europe Risk Analytics Market By Organization Size
13.3.1.11.5 Rest of Eastern Europe Risk Analytics Market By Vertical
13.3.2 Western Europe
13.3.2.1 Western Europe Risk Analytics Market By Country
13.3.2.2 Western Europe Risk Analytics Market By component
13.3.2.3 Western Europe Risk Analytics Market By Deployment Mode
13.3.2.4 Western Europe Risk Analytics Market By Risk Types
13.3.2.5 Western Europe Risk Analytics Market By Organization Size
13.3.2.6 Western Europe Risk Analytics Market By Vertical
13.3.2.7 Germany
13.3.2.7.1 Germany Risk Analytics Market By component
13.3.2.7.2 Germany Risk Analytics Market By Deployment Mode
13.3.2.7.3 Germany Risk Analytics Market By Risk Types
13.3.2.7.4 Germany Risk Analytics Market By Organization Size
13.3.2.7.5 Germany Risk Analytics Market By Vertical
13.3.2.8 France
13.3.2.8.1 France Risk Analytics Market By component
13.3.2.8.2 France Risk Analytics Market By Deployment Mode
13.3.2.8.3 France Risk Analytics Market By Risk Types
13.3.2.8.4 France Risk Analytics Market By Organization Size
13.3.2.8.5 France Risk Analytics Market By Vertical
13.3.2.9 UK
13.3.2.9.1 UK Risk Analytics Market By component
13.3.2.9.2 UK Risk Analytics Market By Deployment Mode
13.3.2.9.3 UK Risk Analytics Market By Risk Types
13.3.2.9.4 UK Risk Analytics Market By Organization Size
13.3.2.9.5 UK Risk Analytics Market By Vertical
13.3.2.10 Italy
13.3.2.10.1 Italy Risk Analytics Market By component
13.3.2.10.2 Italy Risk Analytics Market By Deployment Mode
13.3.2.10.3 Italy Risk Analytics Market By Risk Types
13.3.2.10.4 Italy Risk Analytics Market By Organization Size
13.3.2.10.5 Italy Risk Analytics Market By Vertical
13.3.2.11 Spain
13.3.2.11.1 Spain Risk Analytics Market By component
13.3.2.11.2 Spain Risk Analytics Market By Deployment Mode
13.3.2.11.3 Spain Risk Analytics Market By Risk Types
13.3.2.11.4 Spain Risk Analytics Market By Organization Size
13.3.2.11.5 Spain Risk Analytics Market By Vertical
13.3.2.12 The Netherlands
13.3.2.12.1 Netherlands Risk Analytics Market By component
13.3.2.12.2 Netherlands Risk Analytics Market By Deployment Mode
13.3.2.12.3 Netherlands Risk Analytics Market By Risk Types
13.3.2.12.4 Netherlands Risk Analytics Market By Organization Size
13.3.2.12.5 Netherlands Risk Analytics Market By Vertical
13.3.2.13 Switzerland
13.3.2.13.1 Switzerland Risk Analytics Market By component
13.3.2.13.2 Switzerland Risk Analytics Market By Deployment Mode
13.3.2.13.3 Switzerland Risk Analytics Market By Risk Types
13.3.2.13.4 Switzerland Risk Analytics Market By Organization Size
13.3.2.13.5 Switzerland Risk Analytics Market By Vertical
13.3.2.14 Austria
13.3.2.14.1 Austria Risk Analytics Market By component
13.3.2.14.2 Austria Risk Analytics Market By Deployment Mode
13.3.2.14.3 Austria Risk Analytics Market By Risk Types
13.3.2.14.4 Austria Risk Analytics Market By Organization Size
13.3.2.14.5 Austria Risk Analytics Market By Vertical
13.3.2.15 Rest of Western Europe
13.3.2.15.1 Rest of Western Europe Risk Analytics Market By component
13.3.2.15.2 Rest of Western Europe Risk Analytics Market By Deployment Mode
13.3.2.15.3 Rest of Western Europe Risk Analytics Market By Risk Types
13.3.2.15.4 Rest of Western Europe Risk Analytics Market By Organization Size
13.3.2.15.5 Rest of Western Europe Risk Analytics Market By Vertical
13.4 Asia-Pacific
13.4.1 Asia Pacific Risk Analytics Market By Country
13.4.2 Asia Pacific Risk Analytics Market By component
13.4.3 Asia Pacific Risk Analytics Market By Deployment Mode
13.4.4 Asia Pacific Risk Analytics Market By Risk Types
13.4.5 Asia Pacific Risk Analytics Market By Organization Size
13.4.6 Asia Pacific Risk Analytics Market By Vertical
13.4.7 China
13.4.7.1 China Risk Analytics Market By component
13.4.7.2 China Risk Analytics Market By Deployment Mode
13.4.7.3 China Risk Analytics Market By Risk Types
13.4.7.4 China Risk Analytics Market By Organization Size
13.4.7.5 China Risk Analytics Market By Vertical
13.4.8 India
13.4.8.1 India Risk Analytics Market By component
13.4.8.2 India Risk Analytics Market By Deployment Mode
13.4.8.3 India Risk Analytics Market By Risk Types
13.4.8.4 India Risk Analytics Market By Organization Size
13.4.8.5 India Risk Analytics Market By Vertical
13.4.9 Japan
13.4.9.1 Japan Risk Analytics Market By component
13.4.9.2 Japan Risk Analytics Market By Deployment Mode
13.4.9.3 Japan Risk Analytics Market By Risk Types
13.4.9.4 Japan Risk Analytics Market By Organization Size
13.4.9.5 Japan Risk Analytics Market By Vertical
13.4.10 South Korea
13.4.10.1 South Korea Risk Analytics Market By component
13.4.10.2 South Korea Risk Analytics Market By Deployment Mode
13.4.10.3 South Korea Risk Analytics Market By Risk Types
13.4.10.4 South Korea Risk Analytics Market By Organization Size
13.4.10.5 South Korea Risk Analytics Market By Vertical
13.4.11 Vietnam
13.4.11.1 Vietnam Risk Analytics Market By component
13.4.11.2 Vietnam Risk Analytics Market By Deployment Mode
13.4.11.3 Vietnam Risk Analytics Market By Risk Types
13.4.11.4 Vietnam Risk Analytics Market By Organization Size
13.4.11.5 Vietnam Risk Analytics Market By Vertical
13.4.12 Singapore
13.4.12.1 Singapore Risk Analytics Market By component
13.4.12.2 Singapore Risk Analytics Market By Deployment Mode
13.4.12.3 Singapore Risk Analytics Market By Risk Types
13.4.12.4 Singapore Risk Analytics Market By Organization Size
13.4.12.5 Singapore Risk Analytics Market By Vertical
13.4.13 Australia
13.4.13.1 Australia Risk Analytics Market By component
13.4.13.2 Australia Risk Analytics Market By Deployment Mode
13.4.13.3 Australia Risk Analytics Market By Risk Types
13.4.13.4 Australia Risk Analytics Market By Organization Size
13.4.13.5 Australia Risk Analytics Market By Vertical
13.4.14 Rest of Asia-Pacific
13.4.14.1 APAC Risk Analytics Market By component
13.4.14.2 APAC Risk Analytics Market By Deployment Mode
13.4.14.3 APAC Risk Analytics Market By Risk Types
13.4.14.4 APAC Risk Analytics Market By Organization Size
13.4.14.5 APAC Risk Analytics Market By Vertical
13.5 The Middle East & Africa
13.5.1 Middle East
13.5.1.1 Middle East Risk Analytics Market By country
13.5.1.2 Middle East Risk Analytics Market By component
13.5.1.3 Middle East Risk Analytics Market By Deployment Mode
13.5.1.4 Middle East Risk Analytics Market By Risk Types
13.5.1.5 Middle East Risk Analytics Market By Organization Size
13.5.1.6 Middle East Risk Analytics Market By Vertical
13.5.1.7 UAE
13.5.1.7.1 UAE Risk Analytics Market By component
13.5.1.7.2 UAE Risk Analytics Market By Deployment Mode
13.5.1.7.3 UAE Risk Analytics Market By Risk Types
13.5.1.7.4 UAE Risk Analytics Market By Organization Size
13.5.1.7.5 UAE Risk Analytics Market By Vertical
13.5.1.8 Egypt
13.5.1.8.1 Egypt Risk Analytics Market By component
13.5.1.8.2 Egypt Risk Analytics Market By Deployment Mode
13.5.1.8.3 Egypt Risk Analytics Market By Risk Types
13.5.1.8.4 Egypt Risk Analytics Market By Organization Size
13.5.1.8.5 Egypt Risk Analytics Market By Vertical
13.5.1.9 Saudi Arabia
13.5.1.9.1 Saudi Arabia Risk Analytics Market By component
13.5.1.9.2 Saudi Arabia Risk Analytics Market By Deployment Mode
13.5.1.9.3 Saudi Arabia Risk Analytics Market By Risk Types
13.5.1.9.4 Saudi Arabia Risk Analytics Market By Organization Size
13.5.1.9.5 Saudi Arabia Risk Analytics Market By Vertical
13.5.1.10 Qatar
13.5.1.10.1 Qatar Risk Analytics Market By component
13.5.1.10.2 Qatar Risk Analytics Market By Deployment Mode
13.5.1.10.3 Qatar Risk Analytics Market By Risk Types
13.5.1.10.4 Qatar Risk Analytics Market By Organization Size
13.5.1.10.5 Qatar Risk Analytics Market By Vertical
13.5.1.11 Rest of Middle East
13.5.1.11.1 Rest of Middle East Risk Analytics Market By component
13.5.1.11.2 Rest of Middle East Risk Analytics Market By Deployment Mode
13.5.1.11.3 Rest of Middle East Risk Analytics Market By Risk Types
13.5.1.11.4 Rest of Middle East Risk Analytics Market By Organization Size
13.5.1.11.5 Rest of Middle East Risk Analytics Market By Vertical
13.5.2 Africa
13.5.2.1 Africa Risk Analytics Market By Country
13.5.2.2 Africa Risk Analytics Market By component
13.5.2.3 Africa Risk Analytics Market By Deployment Mode
13.5.2.4 Africa Risk Analytics Market By Risk Types
13.5.2.5 Africa Risk Analytics Market By Organization Size
13.5.2.6 Africa Risk Analytics Market By Vertical
13.5.2.7 Nigeria
13.5.2.7.1 Nigeria Risk Analytics Market By component
13.5.2.7.2 Nigeria Risk Analytics Market By Deployment Mode
13.5.2.7.3 Nigeria Risk Analytics Market By Risk Types
13.5.2.7.4 Nigeria Risk Analytics Market By Organization Size
13.5.2.7.5 Nigeria Risk Analytics Market By Vertical
13.5.2.8 South Africa
13.5.2.8.1 South Africa Risk Analytics Market By component
13.5.2.8.2 South Africa Risk Analytics Market By Deployment Mode
13.5.2.8.3 South Africa Risk Analytics Market By Risk Types
13.5.2.8.4 South Africa Risk Analytics Market By Organization Size
13.5.2.8.5 South Africa Risk Analytics Market By Vertical
13.5.2.9 Rest of Africa
13.5.2.9.1 Rest of Africa Risk Analytics Market By component
13.5.2.9.2 Rest of Africa Risk Analytics Market By Deployment Mode
13.5.2.9.3 Rest of Africa Risk Analytics Market By Risk Types
13.5.2.9.4 Rest of Africa Risk Analytics Market By Organization Size
13.5.2.9.5 Rest of Africa Risk Analytics Market By Vertical
13.6 Latin America
13.6.1 Latin America Risk Analytics Market By Country
13.6.2 Latin America Risk Analytics Market By component
13.6.3 Latin America Risk Analytics Market By Deployment Mode
13.6.4 Latin America Risk Analytics Market By Risk Types
13.6.5 Latin America Risk Analytics Market By Organization Size
13.6.6 Latin America Risk Analytics Market By Vertical
13.6.7 Brazil
13.6.7.1 Brazil Risk Analytics Market By component
13.6.7.2 Brazil Risk Analytics Market By Deployment Mode
13.6.7.3 Brazil Risk Analytics Market By Risk Types
13.6.7.4 Brazil Risk Analytics Market By Organization Size
13.6.7.5 Brazil Risk Analytics Market By Vertical
13.6.8 Argentina
13.6.8.1 Argentina Risk Analytics Market By component
13.6.8.2 Argentina Risk Analytics Market By Deployment Mode
13.6.8.3 Argentina Risk Analytics Market By Risk Types
13.6.8.4 Argentina Risk Analytics Market By Organization Size
13.6.8.5 Argentina Risk Analytics Market By Vertical
13.6.9 Colombia
13.6.9.1 Colombia Risk Analytics Market By component
13.6.9.2 Colombia Risk Analytics Market By Deployment Mode
13.6.9.3 Colombia Risk Analytics Market By Risk Types
13.6.9.4 Colombia Risk Analytics Market By Organization Size
13.6.9.5 Colombia Risk Analytics Market By Vertical
13.6.10 Rest of Latin America
13.6.10.1 Rest of Latin America Risk Analytics Market By component
13.6.10.2 Rest of Latin America Risk Analytics Market By Deployment Mode
13.6.10.3 Rest of Latin America Risk Analytics Market By Risk Types
13.6.10.4 Rest of Latin America Risk Analytics Market By Organization Size
13.6.10.5 Rest of Latin America Risk Analytics Market By Vertical
14 Company Profile
14.1 Alteryx
14.1.1 Company Overview
14.1.2 Financials
14.1.3 Product/Services/Offerings
14.1.4 SWOT Analysis
14.1.5 The SNS View
14.2 SAS.
14.2.1 Company Overview
14.2.2 Financials
14.2.3 Product/Services/Offerings
14.2.4 SWOT Analysis
14.2.5 The SNS View
14.3 Oracle.
14.3.1 Company Overview
14.3.2 Financials
14.3.3 Product/Services/Offerings
14.3.4 SWOT Analysis
14.3.5 The SNS View
14.4 IBM.
14.4.1 Company Overview
14.4.2 Financials
14.4.3 Product/Services/Offerings
14.4.4 SWOT Analysis
14.4.5 The SNS View
14.5 Recorded Future
14.5.1 Company Overview
14.5.2 Financials
14.5.3 Product/Services/Offerings
14.5.4 SWOT Analysis
14.5.5 The SNS View
14.6 FIS.
14.6.1 Company Overview
14.6.2 Financials
14.6.3 Product/Services/Offerings
14.6.4 SWOT Analysis
14.6.5 The SNS View
14.7 Moody’s Analytics
14.7.1 Company Overview
14.7.2 Financials
14.7.3 Product/Services/Offerings
14.7.4 SWOT Analysis
14.7.5 The SNS View
14.8 SAP.
14.8.1 Company Overview
14.8.2 Financials
14.8.3 Product/Services/Offerings
14.8.4 SWOT Analysis
14.8.5 The SNS View
14.9 Verisk Analytics.
14.9.1 Company Overview
14.9.2 Financials
14.9.3 Product/Services/Offerings
14.9.4 SWOT Analysis
14.9.5 The SNS View
14.10 Risk Edge Solutions.
14.10.1 Company Overview
14.10.2 Financials
14.10.3 Product/Services/Offerings
14.10.4 SWOT Analysis
14.10.5 The SNS View
15. Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share Analysis
15.3 Recent Developments
15.3.1 Industry News
15.3.2 Company News
15.3.3 Mergers & Acquisitions
16. USE Cases and Best Practices
17. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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