Global BFSI Crisis Management Market to Garner $31.15 Billion by 2027: AMR

2021-07-06

Portland,OR, July 06, 2021 (GLOBE NEWSWIRE) -- As per the report published by Allied Market Research, the global BFSI crisis management market was accounted for $8.46 billion in 2019, and is expected to garner $31.15 billion by 2027, registering a CAGR of 18.2% from 2020 to 2027. Increase in dependency on crisis management software & solutions among financial institutions and rise in adoption of crisis management solutions among the BFSI sector have boosted the growth of the global BFSI crisis management market. On the contrary, complicated management of networks and data theft & cybersecurity concerns hinder the market growth. However, untapped potential in developing countries would open new opportunities in the coming years. Download Free Sample Report (Get Detailed Analysis in PDF – 265+ Pages): Covid-19 scenario: The global BFSI crisis management market is segmented on the basis of component, deployment type, enterprise size, application, end user, and region. Based on component, the services segment is projected to register the highest CAGR of 19.7% during the forecast period. However, the solution segment dominated the market in 2019, contributing to more than two-thirds of the market. Interested to Procure the Data? Inquire here @ By application, the risk & compliance management segment would register the highest CAGR of 19.3% from 2020 to 2027. However, the incident management & response segment held the lion’s share in 2019, accounting for nearly two-fifths of the market. The global BFSI crisis management market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific would showcase the highest CAGR of 20.4% during the forecast period. However, the market across North America generated the largest share in 2019, holding more than one-third of the market. Get detailed COVID-19 impact analysis on the BFSI Crisis Management Market: The global BFSI crisis management market includes an in-depth analysis of the prime market players such as 4C Strategies, Everbridge, CURA Software Solutions, Konexus, IBM, MetricStream Inc., LogicGate, Inc., Noggin, NCC Group, and SAS Institute Inc. Access AVENUE - A Subscription-Based Library (Premium On-Demand, Subscription-Based Pricing Model) @ Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements. Avenue Library Subscription | Request For 14 Days Free Trial of Before Buying: About Us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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