Risk Analytics Market 2020 Industry Size, Business Opportunities, Top Key Player

Posted by Rahul on February 9th, 2021

The global risk analytics market size is anticipated to witness significant growth on account of the increasing demand for risk mitigation to secure data from malicious attacks. Risk analytics is a part of risk management that helps to examine the investment portfolios, security issues, information technology, and other crucial aspects of a company and scrutinizes the risks associated with taking business-related decisions. A recent report by Fortune Business Insights titled, “Risk Analytics Market Share, Size and Covid-19 Impact Analysis, By Component (Software, Services), By Application (Financial Risk, Operational Risk, Compliance Risk, Strategic Risks, and Others), By Deployment (Cloud, On-Premise), By Enterprise Size (Small and Medium-sized Enterprises (SMEs), Large Enterprises) By Industry (Banking, Financial Services and Insurance (BFSI), IT and Telecommunications, Healthcare, Retail, and Consumer Goods, Energy and Utilities, Manufacturing, and Others) and Regional Forecast, 2020-2027,” estimated the market to rise from USD 22.18 billion earned in 2019 to rise at a CAGR of 12.2% and reach USD 54.95 billion by the end of 2027.