Allied Market Research

BFSI Crisis Management Market is Expected to Reach $31.15 Billion by 2027


Report Code : A11105

quote As crisis management ecosystem has proven to be revolutionary for companies dealing in finances, the demand for its software & services based on global economic activity continue to rise, which acts as a major trend in the market. quote

Pramod Borasi
Research Analyst, BFSI at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       

According to a recent report published by Allied Market Research, titled, “BFSI Crisis Management Market by Component, Deployment Type, Enterprise Size, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2020-2027,” the global BFSI crisis management market size was valued at $8.46 billion in 2019, and is projected to reach $31.15 billion by 2027, growing at a CAGR of 18.2% from 2020 to 2027. 

Crisis management software & solutions helps in monitoring business activities & assessing technology implications for financial stability. In addition, complexity of the finance sector has grown rapidly with the emergence of technologies, including machine learning, artificial intelligence, and distributed ledgers are incorporated into business enterprise applications. Furthermore, companies in the BFSI sector has increasingly enabled innovation in financial services, accelerated new business models, processes advancements in an existing product line across financial institutions, banking, and insurance sectors.

Factors such as rise in awareness about advanced financial technology and rapid digitalization by financial institutions are major factors that drive the BFSI crisis management market growth. In addition, improved customer experience and untapped potential of emerging economies are expected to provide lucrative opportunities for the BFSI crisis management solution providers in the coming years.

On the basis of deployment type, the cloud segment is expected to grow at the fastest rate in 2019, and is projected to maintain its dominance in BFSI crisis management market share during the forecast period.

This is attributed to surge in usage of cloud technology across companies involved in huge financial transactions & related services. 

Depending on application, the risk & compliance management segment is growing at the fastest CGAR growth rate and is projected to continue this trend during the forecast period. This is attributed to the fact that crisis management solutions provides innovative techniques & capabilities to help financial institutions improve their existing payments & transaction related services, thereby reducing costs & financial crime. 

By region, North America led the BFSI crisis management market in 2019, and is expected to continue its dominance during the forecast period. This is attributed to increased awareness of crisis management solutions among banks & financial institutions and surge in partnership of companies providing technologies with major banks & financial institutions in this region. However, Asia-Pacific is expected to grow at the fastest CAGR during the forecast period, as several financial institutions, banks, and insurance companies are adopting crisis management software & services to boost business efficiency, lower compliance risk exposure, and increase bureaucratic competence of organizations in the region.    

The BFSI crisis management market has experienced significant impact on revenue, as several organizations adopt digital workplace environment globally. In addition, due to changes in business model, spike in number of criminals attempting to steal professional & intellectual property data from banks & financial institutions has boosted the market growth. Moreover, several firms have been facing challenges, as creditors are seeking inappropriate conditions for investment. Therefore, financial companies are implementing secured technologies & releasing new frameworks via BFSI crisis managements solutions in the market. 

Key findings of the study

  • By deployment type, the on-premise segment led the BFSI crisis management market share, in terms of revenue in 2019.
  • On the basis of application, the incident management & response segment garnered the market share in 2019.
  • Region wise, North America generated the highest revenue in 2019.

The key players profiled in the BFSI crisis management market are 4C Strategies, CURA Software Solutions, Everbridge, IBM, Konexus, LogicGate, Inc., MetricStream Inc., NCC Group, Noggin, and SAS Institute Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975



For Media Inquiries, Please Contact

Ram D
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at


First time buyer?
Check offers and discount on this report
To get this report

Click Here

quote BFSI Crisis Management Market by Component (Solution and Services), Deployment Type (On-premises and Cloud), Enterprise Size (Large Enterprises and Small & Medium Enterprises (SMEs)), and Application (Disaster Recovery & Business Continuity, Risk & Compliance Management, Crisis Communication, Incident Management & Response, and Others), and End User (Banks, Insurance Companies, and Others) : Global Opportunity Analysis and Industry Forecast, 2020–2027 quote

View Report
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.


Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers


Featured Readings


Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

Get Industry Data Alerts

Buy Full Version
"BFSI Crisis Management Market"
Purchase Enquiry