The Risk Analytics Market

Risk analytics is an emerging data analytics which emphasizes on estimating future risks for organizations. It helps in taking the guesswork out of managing risk-associated issues by using several techniques and technologies to gather insights, calculate possible scenarios, and estimate future events. Risk analytics and related technologies offer higher risk evaluation and risk migration capabilities compared to conventional analytics methodologies. These analytics are packed with various advantages, such as scalability, high performance, reduced cost of risk, reliability, agility and real-time applications. Rising complexities among business processes are propelling the global risk analytics market. Growing business complexities are creating challenges for organizations to manage a huge amount of data and discover possible risks. The key circumstances of increasing business complexity include the shifting nature of complexities, advancing innovations, complex regulation, dearth of information management and government oversight. Furthermore, owing to rising technological innovation and the rapid increase of new technologies, such as ML, AI, IoT and edge computing, data has been produced in a huge amount. The boom in data has resulted in increased business complexity, and decision-making has shifted trickier. These have positively projected in accelerating the growth of the global risk analytics market. The FinTech industry includes financial and technological solutions offering companies. This is the most data-sensitive industry which is prone to several types of risks, such as market compliance risk, cyberattacks and fraud detection. Since, organizations, both large enterprises and SMEs, are concentrating on the FinTech industry to invest in technology solutions, such as RPA and digitalization, and launch innovations in the market. The risk analytics market is being digitalized and innovated in several aspects, such as the introduction of new exclusive tech-enabled tools and the implementation of new business models for risk management. However, the complicate nature of regulatory compliance and high cost incurred in the installation are the factors restraining the market growth.

In addition, the advancements in technologies, as the emergence of advanced technologies allows quick transactions and settlements, which assists financial institutions and their customers perform transactions more easily while avoiding the intermediary charging fee and untapped potential in developing markets provide favorable growth opportunities to the market.

The global Risk Analytics Market is segregated on the basis of component as Solution and Service. Based on Deployment the global Risk Analytics Market is segmented in On-premise and Cloud. Based on End-user Vertical the global Risk Analytics Market is segmented in BFSI, Healthcare, Retail, Manufacturing and Other End-user Verticals.

The global Risk Analytics Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The Risk Analytics Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Analysis

Acadiasoft, Actify Data Labs, Alteryx, Amlgo Labs, Artivatic and others are among the major players in the global Risk Analytics Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

• In January 2021, Moody’s Analytics declared the launch of Moody’s DataHub, a new cloud-based analytical platform which combines data from across Moody’s Analytics, as well as its affiliates. Moody’s DataHub allows financial and risk decision-makers to analyze, explore and consume a broad range of useful information seamlessly and efficiently.
• In September 2020, IBM Security declared a new risk-based service. It will support organizations apply analytics for conventional business decisions to cybersecurity spending priorities. It will assist clients identify, map out and quantify security risk as they assess decisions, such as deploying new technologies, making investments in their business and changing processes.
• In April 2020, SAS Institute unveiled online learning offerings to respond to COVID-19. These free offerings such as SAS Academy for Data Science, SAS Learning Subscription and customer intelligence resources. The offerings would meet the requirements of learners and professionals during the present pandemic.

The global Risk Analytics Market has been segmented as below:

Risk Analytics Market, By Component

• Solution
• Service

Risk Analytics Market, By Deployment

• On-premise
• Cloud

Risk Analytics Market, By End-user Vertical

• BFSI
• Healthcare
• Retail
• Manufacturing
• Other End-user Verticals

Risk Analytics Market, By Region

• Europe
• North America
• Asia Pacific
• Rest of The World

Risk Analytics Market, By Company

• Acadiasoft
• Actify Data Labs
• Alteryx
• Amlgo Labs
• Artivatic
• Attestiv
• Axiomsl
• Bridgei2I
• Cubelogic Limited
• Datafactz
• Equarius Risk Analytics
• FIS
• Gurucul
• IBM
• Imply
• Kyvos Insights
• Moody's Analytics
• Oracle
• Provenir
• Qlik
• Quantexa
• Quantifi

The report covers the below scope:

• Global Risk Analytics Market sizes from 2020 to 2026, along with CAGR for 2020-2026
• Market size comparison for 2019 vs 2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2026
• Global Risk Analytics Market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Risk Analytics Market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2019
• Projected year - 2020
• Forecast period - 2021 to 2026

Report Scope:

The global Risk Analytics Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Risk Analytics Market share. Major industry players with significant revenue share include Acadiasoft, Actify Data Labs, Alteryx, Amlgo Labs, Artivatic and others.

Why to Buy this Report:

• Gain detailed insights on the Risk Analytics industry trends
• Find complete analysis on the market status
• Identify the Risk Analytics Market opportunities and growth segments
• Analyse competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

• The report targeted towards the existing players in the industry is as follows:
• Market Manufacturers/Service Providers
• Market Wholesale/Traders
• Investment and Financial Institutions

Free and Paid Customization based on the requirement

1.      Introduction

1.1.       Key Points

1.2.      Report Description

1.3.      Markets Covered

1.4.      Stakeholders

2.     Research Methodology

2.1.      Research Scope

2.2.     Research Methodology

2.2.1.     Market Research Process

2.2.2.    Research Methodology

2.2.2.1.           Secondary Research

2.2.2.2.          Primary Research

2.2.2.3.          Models for Estimation

2.3.     Market Size Estimation

2.3.1.     Bottom-Up Approach

2.3.2.    Top-Down Approach

3.     Executive Summary

4.    Market Overview

4.1.      Introduction

4.2.     Drivers

4.3.     Restraints

4.4.     Opportunities

4.5.     Challenges

5.     Risk Analytics Market, By Component

5.1.      Key Points

5.2.  Solution

5.3.  Service

6.    Risk Analytics Market, By Deployment

6.1.      Key Points

6.2. On-premise

6.3. Cloud

7.     Risk Analytics Market, By End-user Vertical

7.1.      Key Points

7.2.  BFSI

7.3.  Healthcare

7.4.  Retail

7.5.  Manufacturing

7.6.  Other End-user Verticals

8.    Competitive Landscape

8.1.      Introduction

8.2.     Start-up companies- Risk Analytics Market

8.3.     Recent Developments

8.3.1.     Mergers & Acquisitions

8.3.2.    New Product Developments

8.3.3.    Portfolio/Production Capacity Expansions

8.3.4.    Joint Ventures, Collaborations, Partnerships & Agreements

8.3.5.    Others

9.    Company Profile

9.1.  Acadiasoft

9.2. Actify Data Labs

9.3. Alteryx

9.4. Amlgo Labs

9.5.  Artivatic

9.6. Attestiv

9.7.  Axiomsl

9.8. Bridgei2I

9.9. Cubelogic Limited

9.10.    Datafact

9.11.      Equarius Risk Analytics

9.12.    FIS

9.13.     Gurucul

9.14.    IBM

9.15.     Imply

9.16.    Kyvos Insights

9.17.     Moody's Analytics

9.18.    Oracle

9.19.    Provenir

9.20.   Qlik

9.21.    Quantexa

9.22.   Quantifi