Digital Risk Management Market was valued at USD 3.5 Billion in 2022 and is projected to reach USD 9.7 Billion by 2030, growing at a CAGR of 13.8% from 2024 to 2030.
The Digital Risk Management market was valued at approximately $7.4 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 12.5% through 2028. This significant growth is driven by increasing cyber threats, regulatory compliance requirements, and the growing adoption of digital transformation strategies across industries. The market is expected to reach around $15.8 billion by 2028, reflecting a robust demand for solutions that protect against digital risks including cybersecurity threats, data breaches, and fraud. The rapid digitalization of business operations and the escalating sophistication of cyberattacks are key factors contributing to this expansion.
Opportunity analysis reveals that the market is experiencing substantial growth due to the surge in remote work and cloud-based solutions, which have heightened the need for comprehensive digital risk management. Emerging markets, particularly in regions such as Asia-Pacific and Latin America, are anticipated to exhibit the highest growth rates as organizations in these areas increasingly invest in advanced risk management technologies to safeguard their digital assets. The ongoing evolution of regulatory landscapes and the need for proactive risk mitigation strategies further enhance market opportunities. As businesses continue to navigate complex digital environments, the demand for innovative and effective risk management solutions is set to rise, making this a dynamic and lucrative sector for investment and development.
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IBM Corporation
Oracle Corporation
SAP
SAS Institute Inc.
Broadcom
NAVEX Global
lnc.
LogicManager
Inc.
Metricstream Inc.
ServiceNow
RSA Security LLC
Qualys
Inc.
Rapid7
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Digital Risk Management Market
Large Enterprise
SMEs
Based on Types the Market is categorized into Below types that held the largest Digital Risk Management market share In 2023.
Cloud
On-premise
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Digital Risk Management Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Digital Risk Management Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Digital Risk Management Market, By Type
6. Global Digital Risk Management Market, By Application
7. Global Digital Risk Management Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Digital Risk Management Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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