Global spending on information security and risk management will amount to *** billion U.S. dollars in 2024. By 2028, information security and risk management spending is forecast to exceed *** billion U.S. dollars.

This statistic displays the risk management efficiency benefits as a result of Big Data in the United Kingdom (UK) from 2015 to 2020, by industry. It was estimated that manufacturing would benefit most from improved risk management due to Big Data implementation. The professional service sector was ranked second with roughly *** billion British pounds.

The Eastern Partnership Risk Analysis Network (EaP-RAN) performs monthly exchanges of statistical data and information on the most recent irregular migration trends. This information is compiled at the level of the Frontex Risk Analysis Unit (RAU) and analysed in cooperation with the regional partners on a quarterly and annual basis. The annual reports offer a more in-depth analysis of the occurring developments and phenomena which impact the regional and common borders while the quarterly reports are meant to provide regular updates and identify emerging trends in order to maintain situational awareness. Both types of reports are aimed at offering support for strategic and operational decision making.

The Eastern Partnership Quarterly statistical overview is focused on quarterly developments for the seven key indicators of irregular migration: (1) detections of illegal border-crossing between BCPs; (2) detections of illegal border-crossing at BCPs; (3) refusals of entry; (4) detections of illegal stay; (5) asylum applications; (6) detections of facilitators; and (7) detections of fraudulent documents.

The backbone of this overview are monthly statistics provided within the framework of the EaP-RAN (Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine) and reference period statistics from common border sections of the neighbouring EU Member States and Schengen Associated Countries (Norway, Finland, Estonia, Latvia, Lithuania, Poland, Slovakia, Hungary and Romania). The data are processed, checked for errors and merged into an Excel database for further analysis.

This dataset contains the nature of work-related injuries and illnesses that have been reported to the Division of Risk Management in the Finance department that is categorized by Public Safety (Police Officers, Fire Fighters, Sheriff, and Correctional Officers) and non-Public Safety departments from 7/1/2021 to 6/20/2022. This information will be produced annually in July and will represent injuries reported in the previous fiscal year. Update Frequency : Annually

The Financial Risk Assessment Dataset provides detailed information on individual financial profiles. It includes demographic, financial, and behavioral data to assess financial risk. The dataset features various columns such as income, credit score, and risk rating, with intentional imbalances and missing values to simulate real-world scenarios.

Percentage of enterprises that use specific risk management arrangements to manage cyber security risks by the North American Industry Classification System (NAICS) and size of enterprise.

21-22 risk management strategy

Diversification across asset classes and geographies was the most commonly used risk management strategy for institutional investors worldwide in 2020. This was the case in each of the region considered, with ** percent of the respondents from the Asia-Pacific region declaring to rely on this risk management strategy. Tactical or dynamic asset allocation followed, with more than **** of the respondents worldwide using this strategy to manage risk within their portfolio in 2020.

Financial overview and grant giving statistics of The Risk Management Association

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Risk Analytics Market Size 2024-2028

The risk analytics market size is estimated to grow by USD 39.55 billion at a CAGR of 11.73% between 2023 and 2028. Market growth is influenced by various factors, including the rising incidence of data breaches and security lapses among enterprises, the increasing need for stringent compliance with government regulations, and the growing complexities inherent in modern business processes. These challenges drive demand for robust security solutions and compliance frameworks, stimulating market expansion. Additionally, the escalating threat landscape underscores the criticality of adopting comprehensive security measures, further fueling market growth. The need to navigate intricate regulatory environments and protect sensitive data propels organizations to invest in advanced security solutions and compliance strategies, driving market dynamics. It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2018 to 2022.

What will be the Size of the Market During the Forecast Period?

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Market Segmentation

By Component

The market share growth by the solution segments is estimated to witness significant growth during the forecast period. The solution segment is a crucial component in the global risk analytics market. With the increasing demand for solutions that can help mitigate risks and improve overall organizational performance, the solution segment is expected to experience significant growth during the forecast period. This growth is fueled by advancements in technology, increasing data volumes, and the need for effective risk analysis and management.

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The solution segments showed a gradual increase in the market share of USD 19.06 billion in 2018. The ability to assist in the automation of processes that are not too difficult or complicated, and require a significant amount of time is one of the biggest advantages of using risk analytics solutions. Compliance management solutions, for instance, are considered to be a means of ensuring that an organization complies with applicable legislation. This allows the software to simplify compliance procedures, reduce errors and eliminate the need for costly and time-consuming manual processes.

By Deployment

The on-premises segment in the market refers to a solution that is installed and deployed on the organization's own server and managed by its IT department. To ensure that organizational policies and security standards are respected, this arrangement allows any part of a risk management system or data to be controlled by an organization. One of the most significant advantages offered by an on-premises segment is to be able to configure threat management systems in line with company-specific requirements, which allows for a more tailored solution.

By Region

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APAC is estimated to contribute 34% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Yet another significant region is North America, which dominated the market in terms of revenue share. This is due to the presence of a large number of organizations belonging to the BFSI, IT, healthcare, and other industries. Organizations belonging to these end-user industries are the major buyers of these analytics solutions in this region, as it enables cash management, payments, financial instruments, accounting, banking, risk management, and hedge accounting.

Market Dynamics and Customer Landscape

The Risk Analytics Market is witnessing significant growth due to the increasing adoption of technology in risk management. Machine Learning (ML), Big Data, and Cloud computing are key technologies driving the market. ML algorithms enable real-time analysis of vast amounts of data, helping enterprises identify and mitigate risks more effectively. Cloud deployment of risk analytics software is gaining popularity due to its flexibility and cost-effectiveness. However, on-premise solutions continue to be preferred by some enterprises due to data security concerns. Risk analytics software is used to manage both physical and operational risks. Physical risks include climate change and natural disasters, while operational risks include internal factors such as human errors, systems failures, and fraud cybercrime. Cybersecurity is a major concern for enterprises, and risk analytics software plays a crucial role in mitigating cyber risks. Security data sources, such as firewalls, intrusion detection systems, and security information and event management (SIEM) systems, provide valuable data for risk analysi

In recent years, institutional investors have shifted from crypto curiosity to concrete risk frameworks. As digital assets mature, risk management is no longer optional but essential. For example, hedge funds now require on‑chain monitoring systems, and pension funds are mandating counterparty risk limits before allocating capital to crypto. Below, you’ll...

Comprehensive dataset containing 25 verified Risk Management locations in United States with complete contact information, ratings, reviews, and location data.

Tasks of the risk management unit

This dataset provides comprehensive supply chain risk information on products, companies and industries through continuous harvesting of online articles, websites, and public sources. The data focuses on publicly traded companies providing comprehensive coverage of supply chain vulnerabilities and risk factors across all levels of the supply chain ecosystem. This valuable resource stands out due to its real-time harvesting capabilities and comprehensive multi-source aggregation, offering insights that would be difficult and time-intensive to compile manually.

Building on this foundation, the data covers supply chain risk indicators such as financial stability ratings, foreign ownership analysis, workforce evaluations, litigation tracking, and operational dependencies. The dataset can be delivered as structured datasets or finished reports, with the provider accommodating a wide breadth of customization options to meet specific analytical requirements. What makes this dataset particularly unique is its continuous monitoring approach and the depth of risk analysis across multiple supply chain tiers.

A dataset that explores Green Card sponsorship trends, salary data, and employer insights for statistics, financial and risk management in the U.S.

It is an inescapable truth that no matter how well a system is designed it will degrade, and if degrading parts are not repaired or replaced the system will fail. Avoiding the expense and safety risks associated with system failures is certainly a top priority in many systems; however, there is also a strong motivation not to be overly cautious in the design and maintenance of systems, due to the expense of maintenance and the undesirable sacrifices in performance and cost effectiveness incurred when systems are over designed for safety. This paper describes an analytical process that starts with the derivation of an expression to evaluate the desirability of future control outcomes, and eventually produces control routines that use uncertain prognostic information to optimize derived risk metrics. A case study on the design of fault-adaptive control for a skid-steered robot will illustrate some of the fundamental challenges of prognostics-based control design.

Comprehensive dataset containing 1 verified Risk Management locations in Illinois, United States with complete contact information, ratings, reviews, and location data.

The research adopts bibliometric method to map trends and impacts of ERM in the face of increasing multidimensional manifestations and ravages of climate change in geographical areas without resilience mechanisms. This is furtherance of the need to explore research gaps and future research directions in the knowledge terrain of erosion risk assessment and management and drive sustainable development.

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Third-Party Risk Management Market Size 2025-2029

The third-party risk management market size is forecast to increase by USD 9.78 billion, at a CAGR of 18.5% between 2024 and 2029.

The market is experiencing significant growth and transformation, driven by the increasing adoption of advanced technologies such as artificial intelligence (AI) and machine learning (ML) in third-party risk management software solutions. These technologies enable organizations to automate risk assessments, monitor risks in real-time, and make data-driven decisions, thereby improving operational efficiency and reducing risks. However, the market also faces challenges, including the emergence of open-source risk management software. While open-source solutions offer cost advantages, they may lack the advanced features and capabilities of proprietary software, potentially compromising the effectiveness of risk management efforts. Organizations must carefully evaluate the trade-offs between cost savings and risk mitigation capabilities when considering open-source solutions. Effective third-party risk management is crucial for businesses seeking to protect their reputation, mitigate financial losses, and ensure regulatory compliance. Companies can capitalize on market opportunities by investing in AI- and ML-powered third-party risk management software, while addressing challenges by conducting thorough evaluations of open-source solutions.

What will be the Size of the Third-Party Risk Management Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, with dynamic market dynamics shaping its applications across various sectors. Access control and risk avoidance remain key priorities, as entities seek to mitigate potential threats posed by external partners. Performance indicators and company management are essential tools for measuring and optimizing third-party relationships, while supplier diversity and performance measurement help ensure ethical sourcing and maintain compliance with regulatory frameworks. Key risk indicators, data loss prevention, and compliance monitoring are critical components of effective third-party risk management. Strategic risk, regulatory frameworks, and security audits are integral to managing risks associated with third-party relationships. Reputational risk and stakeholder engagement are also crucial, as entities strive to maintain a positive public image and build strong partnerships. Risk monitoring, policy development, metrics reporting, identity management, financial risk, vulnerability management, business continuity, technology solutions, data analytics, scenario planning, contract lifecycle management, information governance, quantitative analysis, and governance framework are all integral to the ongoing management of third-party risks. Disaster recovery, ethical sourcing, data security, training programs, contract negotiation, communication strategy, risk appetite, board reporting, incident response, due diligence, fraud detection, compliance audits, insurance policies, risk transfer, penetration testing, risk mitigation, predictive modeling, threat intelligence, risk assessment, risk tolerance, legal counsel, internal controls, and qualitative analysis are all essential elements of a comprehensive third-party risk management strategy. As market dynamics continue to unfold, entities must remain vigilant and adapt to evolving risks and regulatory requirements. By implementing robust third-party risk management practices, organizations can mitigate risks, optimize performance, and build strong, sustainable partnerships.

How is this Third-Party Risk Management Industry segmented?

The third-party risk management industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ComponentSolutionServiceDeploymentCloudOn-premisesConsumerLarge enterprisesSMEsEnd-userBFSIIT and telecomHealthcareRetailOthersServiceProfessional servicesManagement servicesGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKAPACChinaIndiaJapanSouth KoreaRest of World (ROW)

By Component Insights

The solution segment is estimated to witness significant growth during the forecast period.Third-party risk management solutions have gained significant importance in business organizations, particularly in managing risks associated with external entities such as companies, suppliers, and contractors. These solutions offer software-as-a-service (SaaS) that provides a real-time, integrated view of the extended enterprise to mitigate third-party risks. The offerings automate end-to-end processes, including information gathering, onboarding, monitoring, ri

The Risk Management market has evolved into a critical component of organizational strategy across diverse sectors, including finance, healthcare, manufacturing, and IT. At its core, risk management involves identifying, assessing, and mitigating risks to safeguard a company's assets, operations, and reputation. Acc