Allied Market Research
Loading...
Cart
0

Japan Preventive Risk Analytics Market Expected to Reach $ 4,540.95 million by 2026

 

quote Cloud-based preventive risk analytics solutions are expected to attain significant growth in the upcoming years, owing to a paradigm shift in the deployment methods from on-premise to cloud-based models.Cloud-based risk analytics solutions do not involve capital cost as well as are low on maintenance requirements, and hence,are preferred by mid-sized institutions. These solutions facilitate enterprises with superior control over access to applications and sensitive information from distant locations, which further fuel its adoption among the end users. quote

Rachita Rake
Research Analyst, ICT 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, “Japan Preventive Risk Analytics Market by Component,Type, Deployment Model, User Type, and Industry Vertical: Opportunity Analysis and Industry Forecast, 2020-2027,”the Japan preventive risk analytics market size was valued at $1,170.63 million in 2019, and is projected to reach $4,540.95 million by 2027, growing at a CAGR of 18.5% from 2020to 2027.

Preventive risk analytics are used by an organization to efficiently and effectively manage different types of risks. The primary goal of preventive risk analytics is to identify potential risks before theiroccurrence so that proper risk handling measures can be taken across the organizations. Numerous benefits offered by risk analytics, such as efficient business decisions, realistic expectations, escalations, and focus on risk, are the lucrative factors that boost the market growth. 

Furthermore, surge in data security breaches in enterprise and increase in government regulatory compliances are some of the major factors, which are expected to drive the Japan preventive risk analytics market growth. In addition, rise in adoption of risk analytics in financial institutions and growth in IoT landscape further fuels the growth of the market. However, high cost and complexity in installation, configuration of the software, and less security provided by the risk analytics hamper the growth of the market in Japan. Furthermore, integration of artificial intelligence in risk analytics is expected to provide major opportunities for the growth of the risk analytics market during the forecast period.

The operational risks segment dominated the Japan preventive risk analytics marketshare in 2018 and is projected to maintain its dominance during the forecast period, owing to the need to streamline the process of operational risk management across different industry verticals.Furthermore, the compliance risks segment is expected to grow at a significant CAGR during the forecast period, owing toincrease in cost of money laundering fine,which is the major factor driving the adoption of compliance management solutions.

The BFSI sector dominated the Japan preventive risk analytics market in 2019 and is projected to maintain its dominance during the forecast period, owing to rise in adoption of the solution for identifying and mitigating different types of risksfor the organizations. Also, rise in need to minimize the risk associated with governance & compliance requirements as well as to obtain a unified view of risk across the organizations is creating numerous opportunities in the Japan preventive risk analytics market analysis. Furthermore, the manufacturing sector is expected to grow at a significant CAGR in the upcoming years. The growth of the industry is attributed torise in trend of IoT and automation in the manufacturing sector, which has proliferated the amount of unsecured data, which is expected to create numerous opportunities for the Japan preventive risk analytics market during the forecast period.

Key Findings of The Study

  • By component, the solution segment led the Japan preventive risk analytics market in terms of revenue in 2019.However, the service segment is expected to grow at a highest CAGR in the upcoming years.
  • By type, the operational risk segment led the market in terms of revenue in 2019. However, the compliance risk segment is expected to grow at a highest CAGR in the upcoming years.
  • By deployment model, the on-premise segment accounted for the highest Japan preventive risk analytics market share in 2019. However, the cloud-based segment is expected to grow at a highest CAGR in the upcoming years.
  • By user type, the large enterprise segment accounted for the highest share of Japan preventive risk analytics industry in 2019. 
  • By industry vertical, the BFSIsegmented accounted for the highest market share in 2019. However, the manufacturing segment is expected to grow at a highest CAGR in the upcoming years. 

The key players profiled in the studyare IBM Corporation, Accenture PLC, Capgemini, Fidelity national information services Inc. (FIS), Oracle Corporation, SAP SE, SAS Institute Inc., Verisk analytics Inc., Recorded future, Inc., and AXIOMSL, Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the Japan preventive risk analytics market.

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

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

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

 
 

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

 
Click Here
 
 

quote Japan Preventive Risk Analytics Market by Component (Solution and Services),Type (Strategic Risks, Financial Risks, Operational Risks and Compliance Risks), Deployment Model (On-Premise and Cloud), User Type (Large Enterprises and Small & Medium Enterprises), and Industry Vertical (BFSI, IT & Telecom, Retail, Healthcare, Energy & Utilities, Manufacturing, Government & Defense, and Others): 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

Customization

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
"Japan Preventive Risk Analytics Market"
Purchase Enquiry