The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.
The Enterprise Risk Management Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Enterprise Risk Management Market:
https://www.thebusinessresearchcompany.com/report/enterprise-risk-management-global-market-report
According to The Business Research Company’s Enterprise Risk Management Global Market Report 2024, The enterprise risk management market size has grown steadily in recent years. It will grow from $4.89 billion in 2023 to $5.12 billion in 2024 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to regulatory compliance requirements, cybersecurity threats, business continuity planning, data analytics and insights, supply chain disruptions.The enterprise risk management market size is expected to see strong growth in the next few years. It will grow to $6.59 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%.
The surge in data security breaches in enterprises is driving the enterprise risk management market. A data breach is a situation in which information is taken from a system without the owner’s knowledge or consent. Data security breaches are increasing due to weak and stolen credentials, application vulnerabilities, malware, malicious insiders, insider error and others. Enterprise risk management helps to recognize, evaluate, and get ready for prospective losses that may arise due to data security breaches. For instance, in 2021 according to the Identity Theft Resource Center (ITRC), a nationally recognized nonprofit organization established to support victims of identity crime, data breaches in 2021 surpassed the total number in 2020 by 17%. Therefore, a rise in data security breaches will propel the enterprise risk management market growth.
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The enterprise risk management market covered in this report is segmented –
1) By Deployment: Cloud, On-Premises
2) By Component: Hardware, Software, Services
3) By Industry Vertical: BFSI, IT and Telecom, Retail, Healthcare, Energy and Utilities, Manufacturing, Government and Defense
Top Major Players
Dell Technologies Inc.,
International Business Machines Corporation,
Oracle Corporation,
SAP SE,
Capgemini SE
The enterprise risk management market report table of contents includes:
1. Executive Summary
- Enterprise Risk Management Market Characteristics
- Enterprise Risk Management Market Trends And Strategies
- Enterprise Risk Management Market – Macro Economic Scenario
- Global Enterprise Risk Management Market Size and Growth
- Enterprise Risk Management Market Segmentation
- Enterprise Risk Management Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Enterprise Risk Management Market
- Enterprise Risk Management Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Enterprise Risk Management Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Enterprise Risk Management Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Enterprise Risk Management Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: Dell Technologies Inc. Financial Performance
Table 75: International Business Machines Corporation Financial Performance
Table 76: Oracle Corporation Financial Performance
Table 77: SAP SE Financial Performance
Table 78: Capgemini SE Financial Performance
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