Europe Risk Management Market Size, Share & Trends Analysis Report By Component (Software and Service), By Deployment Model (On-premise and Cloud), By Organization Size, By Vertical, By Country and Growth Forecast, 2023 - 2030
The Europe Risk Management Market would witness market growth of 14.8% CAGR during the forecast period (2023-2030).
A critical test in this market is the significant expense and intricacy of the establishment and design of the product. In particular, small and medium-sized endeavors (SMEs) experience monetary limits while pondering such speculations. These expenses incorporate costs connected with programming authorizing, equipment essentials, memberships, enlistment, and customization. The persistent need for updates and alterations to align with the always-advancing digital dangers further weighs monetary assets.
Subsequently, the expense factor obstructs the more extensive reception of these arrangements, especially among associations with restricted monetary means. To handle this test, specialist organizations could offer more expense-productive and versatile choices to care for a more extensive range of organizations. Notwithstanding, the coordination of computerized reasoning in risk-the-board programming and the ascent in popularity from creating economies is expected to arise as a rewarding and open door for developing the risk management business.
The financial sector in Europe, including banks and financial institutions, faces complex risk management challenges. Market volatility, regulatory shifts, and the need for efficient risk assessment and mitigation strategies contribute to the financial industry's growth of risk management solutions. The United Kingdom's departure from the European Union (Brexit) has introduced new economic and regulatory dynamics. Due to the aforementioned factors the market growth will drive in this region.
The Germany market dominated the Europe Risk Management Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,349.3 million by 2030. The UK market is exhibiting a CAGR of 13.8% during (2023 - 2030). Additionally, The France market would experience a CAGR of 15.6% during (2023 - 2030).
Based on Component, the market is segmented into Software and Service. Based on Deployment Model, the market is segmented into On-premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Vertical, the market is segmented into BFSI, Government & Defense, Energy & Utilities, Healthcare & Lifesciences, Manufacturing, Retail, IT & Telecom and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- RSA Security LLC (Symphony Technology Group)
- IBM Corporation
- SAS Institute, Inc.
- SAP SE
- ServiceNow, Inc.
- Qualys, Inc.
- Thomson Reuters Corporation (The Woodbridge Company)
- NAVEX Global, Inc. (Lockpath)
- MetricStream, Inc.
- LogicManager, Inc.
By Component
- Software
- Service
- On-premises
- Cloud
- Large Enterprises
- Small & Medium Enterprises
- BFSI
- Government & Defense
- Energy & Utilities
- Healthcare & Lifesciences
- Manufacturing
- Retail
- IT & Telecom
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Risk Management Market, by Component
- 1.4.2 Europe Risk Management Market, by Deployment Model
- 1.4.3 Europe Risk Management Market, by Organization Size
- 1.4.4 Europe Risk Management Market, by Vertical
- 1.4.5 Europe Risk Management Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis – Global
- 4.1 Market Share Analysis, 2022
- 4.2 Strategies Deployed in Risk Management Market
- 4.3 Porter’s Five Forces Analysis
- Chapter 5. Europe Risk Management Market by Component
- 5.1 Europe Software Market by Country
- 5.2 Europe Service Market by Country
- Chapter 6. Europe Risk Management Market by Deployment Model
- 6.1 Europe On-premise Market by Country
- 6.2 Europe Cloud Market by Country
- Chapter 7. Europe Risk Management Market by Organization Size
- 7.1 Europe Large Enterprises Market by Country
- 7.2 Europe Small & Medium Enterprises Market by Country
- Chapter 8. Europe Risk Management Market by Vertical
- 8.1 Europe BFSI Market by Country
- 8.2 Europe Government & Defense Market by Country
- 8.3 Europe Energy & Utilities Market by Country
- 8.4 Europe Healthcare & Lifesciences Market by Country
- 8.5 Europe Manufacturing Market by Country
- 8.6 Europe Retail Market by Country
- 8.7 Europe IT & Telecom Market by Country
- 8.8 Europe Others Market by Country
- Chapter 9. Europe Risk Management Market by Country
- 9.1 Germany Risk Management Market
- 9.1.1 Germany Risk Management Market by Component
- 9.1.2 Germany Risk Management Market by Deployment Model
- 9.1.3 Germany Risk Management Market by Organization Size
- 9.1.4 Germany Risk Management Market by Vertical
- 9.2 UK Risk Management Market
- 9.2.1 UK Risk Management Market by Component
- 9.2.2 UK Risk Management Market by Deployment Model
- 9.2.3 UK Risk Management Market by Organization Size
- 9.2.4 UK Risk Management Market by Vertical
- 9.3 France Risk Management Market
- 9.3.1 France Risk Management Market by Component
- 9.3.2 France Risk Management Market by Deployment Model
- 9.3.3 France Risk Management Market by Organization Size
- 9.3.4 France Risk Management Market by Vertical
- 9.4 Russia Risk Management Market
- 9.4.1 Russia Risk Management Market by Component
- 9.4.2 Russia Risk Management Market by Deployment Model
- 9.4.3 Russia Risk Management Market by Organization Size
- 9.4.4 Russia Risk Management Market by Vertical
- 9.5 Spain Risk Management Market
- 9.5.1 Spain Risk Management Market by Component
- 9.5.2 Spain Risk Management Market by Deployment Model
- 9.5.3 Spain Risk Management Market by Organization Size
- 9.5.4 Spain Risk Management Market by Vertical
- 9.6 Italy Risk Management Market
- 9.6.1 Italy Risk Management Market by Component
- 9.6.2 Italy Risk Management Market by Deployment Model
- 9.6.3 Italy Risk Management Market by Organization Size
- 9.6.4 Italy Risk Management Market by Vertical
- 9.7 Rest of Europe Risk Management Market
- 9.7.1 Rest of Europe Risk Management Market by Component
- 9.7.2 Rest of Europe Risk Management Market by Deployment Model
- 9.7.3 Rest of Europe Risk Management Market by Organization Size
- 9.7.4 Rest of Europe Risk Management Market by Vertical
- Chapter 10. Company Profiles
- 10.1 RSA Security LLC (Symphony Technology Group)
- 10.1.1 Company Overview
- 10.1.2 SWOT Analysis
- 10.2 IBM Corporation
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Regional & Segmental Analysis
- 10.2.4 Research & Development Expenses
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Product Launches and Product Expansions:
- 10.2.5.2 Acquisition and Mergers:
- 10.2.6 SWOT Analysis
- 10.3 SAS Institute, Inc.
- 10.3.1 Company Overview
- 10.3.2 Recent strategies and developments:
- 10.3.2.1 Acquisition and Mergers:
- 10.3.3 SWOT Analysis
- 10.4 SAP SE
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expense
- 10.4.5 SWOT Analysis
- 10.5 ServiceNow, Inc.
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Regional Analysis
- 10.5.4 Research & Development Expenses
- 10.5.5 Recent strategies and developments:
- 10.5.5.1 Partnerships, Collaborations, and Agreements:
- 10.6 Qualys, Inc.
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Regional Analysis
- 10.6.4 Research & Development Expenses
- 10.6.5 Recent strategies and developments:
- 10.6.5.1 Partnerships, Collaborations, and Agreements:
- 10.6.5.2 Product Launches and Product Expansions:
- 10.6.5.3 Acquisition and Mergers:
- 10.6.6 SWOT Analysis
- 10.7 Thomson Reuters Corporation (The Woodbridge Company)
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Segmental and Regional Analysis
- 10.7.4 SWOT Analysis
- 10.8 NAVEX Global, Inc. (Lockpath)
- 10.8.1 Company Overview
- 10.8.2 Recent strategies and developments:
- 10.8.2.1 Product Launches and Product Expansions:
- 10.8.2.2 Acquisition and Mergers:
- 10.8.3 SWOT Analysis
- 10.9 MetricStream, Inc.
- 10.9.1 Company Overview
- 10.9.2 SWOT Analysis
- 10.10. LogicManager, Inc.
- 10.10.1 Company Overview
- 10.10.2 SWOT Analysis
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