BFSI Crisis Management Market to Witness Upsurge in Growth During the Forecast

1. Market Research Report EXCLUSIVE EDITION Global BFSI Crisis Management Market Research Report Global Industry Analysis, Forecast and Trends, 2022-2030 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

2. Global BFSI Crisis Management Market © 2020 Statsville Consulting Private Limited Market Statsville Group (MSG) A part of Statsville Consulting Private Limited American Office American Office – 416, East Standsberry Street, Perkins, Oklahoma 74059, USA EMEA EMEA– 1165 Budapest 16 Diósy Lajos u. 24., Europe Asia Asia- -Pacific Office Pacific Office – F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 www.marketstatsville.com Disclaimer Disclaimer: : Any information and/or material provided by Statsville Consulting Private Limited, including any and all the analysis and/or research from Market Statsville Group (MSG), is offered to a selected group of customers in response to orders for such information, material, analysis, and/or research. As a customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/or dissemination, or general publication, and/or disclosure to any third parties. Any and all the information and/or material provided by Statsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording,or otherwise, without the explicit and written permission of Statsville Consulting, is expressly and clearly prohibited. Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consulting will be responsiblefor the final decision of any action. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

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5. BFSI Crisis Management Market 2022: Industry Size, Regions, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2030 BFSI Crisis Management Market by Component (Software and Services), by Deployment Mode (On-premises and Cloud), by Enterprises Size (Large Enterprises and Small Enterprises), by Application, by End-Users, by Region – Global Share and Forecast to 2030 Description Description According to the Market Statsville Group (MSG), the global BFSI crisis management market million in 2021 million in 2021 and is expected to reach USD 42,811.4 million by 2030 USD 42,811.4 million by 2030, growing at a CAGR of 18.2% management includes several technologies such as cloud computing, machine learning, artificial intelligence, and big data. Additionally, BFSI crisis management serves as the modern program that makes a new approach by utilizing technologies and focuses on the certain areas of business risk & protects reliability & credibility of the financial institution network. global BFSI crisis management marketsize was valued at USD 11,236.2 CAGR of 18.2% from 2022 to 2030. Crisis USD 11,236.2 As crisis management solution providers have increased their focus on improving financial services, cyber security, and risk mitigation & fraud detection, the demand for those solutions in the BFSI sector continues to rise, thereby boosting the market growth. In addition, an increase in dependency on digitalization by financial institutions & rapid adoption of crisis management solutions among financial sectors are major factors that drive the market growth. Though, lack of trust over the technologies for crisis management and complex network management are some of the factors that will hamper the market growth. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

6. Global BFSI Crisis Management Market Global BFSI Crisis Management Market Definition Definition BFSI crisis management BFSI crisis management solution is the innovation & advancement in financial technology, which helps deal with various types of incidents & emergencies in the BFSI industry. COVID COVID- -19 19 Impact on the Global BFSI Crisis Management Market Impact on the Global BFSI Crisis Management Market The COVID-19 pandemic has had a notable impact on the BFSI industry. Firms faced huge losses and several challenges such as business shutdowns, operational & funding challenges, and changes in business models. Therefore, with the rise in such challenges among businesses, the demand for crisis management solutions has increased in the market and is expected to gain momentum during the forecast period. Get Full PDF Sample Copy of Get Full PDF Sample Copy of Report: Report:https https://www.marketstatsville.com/request ://www.marketstatsville.com/request- -sample/bfsi sample/bfsi- -crisis crisis- -management management- -market market Furthermore, the government, as well as the financial institutions, are encouraging the use of digital payments in response to the pandemic to reduce human interference as much as possible. In addition, the increase in work-from-home (WFH) arrangements, teleconferencing, and tele-banking is further accelerating the adoption of crisis management solutions in the BFSI industry. The BFSI crisis management market has witnessed significant growth in the past few years. However, the market is projected to grow in the upcoming years after recovering from the COVID-19 pandemic. The new and upcoming financial institutions are increasingly leveraging BFSI solutions to offer convenient digital banking & financial services that require no physical contact. This is attributed to surge in the adoption of BFSI crisis management solutions. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

7. Global BFSI Crisis Management Market Global BFSI Crisis Management Market Dynamics Dynamics Drivers: Drivers:Rise in awareness of crisis management solutions in the BFSI sector Rise in awareness of crisis management solutions in the BFSI sector The demand for crisis management solutions has increased tremendously among the BFSI market, as they provide business risk mitigation services & help detect incidents & emergencies of financial institutions. In addition, key players in the market are focusing on improving risk mitigation strategies & fraud detection through advanced crisis management solutions. Moreover, financial institutions & banks are increasingly adopting crisis management solutions for managing their business activities, detecting fraud, overcoming several crises in the business & other activities. As a result, the rise in awareness about crisis management solutions has propelled their penetration in the BFSI sector, thus contributing to market growth. Make an Enquire before Purchase @: Make an Enquire before Purchase @:https://www.marketstatsville.com/buy https://www.marketstatsville.com/buy- -now/bfsi now/bfsi- -crisis crisis- -management management- -market?opt=2950 market?opt=2950 Restraints: Restraints:Surge in concerns regarding data theft & cyber security Surge in concerns regarding data theft & cyber security The rapid adoption of technologies and other advanced platforms for business operations has increased the market's risk of data theft and cyber security. These technologies are highly vulnerable to theft. Financial institutions have a massive volume of data stored in their systems, increasing concerns over the risk of data theft. Moreover, the major concern of crisis management solution providers as well as financial institutions is to deal with hackers to safeguard sensitive data. Thus, the abovementioned factors collectively hamper market growth. Scope of the Global BFSI Crisis Management Market Scope of the Global BFSI Crisis Management Market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

8. The study categorizes the BFSI crisis management market based on component, deployment mode, enterprises size, application, end-users, and region. By Component Outlook By Component Outlook(Sales, USD Million, 2017 (Sales, USD Million, 2017- -2030) Software Services By Deployment Mode Outlook By Deployment Mode Outlook(Sales, USD Million, 2017 On-premises Cloud By Enterprises Size Outlook By Enterprises Size Outlook(Sales, USD Million, 2017 (Sales, USD Million, 2017- -2030) Large Enterprises Small & Medium Enterprises (SMEs) 2030) (Sales, USD Million, 2017- -2030) 2030) 2030) By Application Outlook By Application Outlook(Sales, USD Million, 2017 (Sales, USD Million, 2017- -2030) Disaster Recovery & Business Continuity Risk & Compliance Management Crisis Communication Incident Management & Response Others 2030) © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

9. By End By End- -Users Outlook Users Outlook(Sales, USD Million, 2017 (Sales, USD Million, 2017- -2030) Banks Insurance Companies Others By Region Outlook By Region Outlook(Sales, USD Million, 2017 (Sales, USD Million, 2017- -2030 2030) 2030) ) North America US Canada Mexico Europe Germany Italy France UK Spain Poland Russia Slovenia Slovakia the Netherlands © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

10. Belgium Norway Denmark Czech Republic Sweden Rest of Europe Asia Pacific China Japan India South Korea Indonesia Malaysia Thailand Vietnam The Philippines Singapore Australia & New Zealand Rest of Asia Pacific © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

11. South America Brazil Argentina Colombia Rest of South America The Middle East & Africa Saudi Arabia UAE South Africa Northern Africa Rest of MEA The solution segment The solution segmentaccounts for the largest market share, by component accounts for the largest market share, by component In 2021, solution by component had the largest market share of 69.3% in the global BFSI crisis management market. BFSI crisis management solutions are largely used to anticipate potential issues such as tracking real-time risk issues, enterprise risk management, third-party risk management, IT security risk, compliance management, data privacy, and incident management. With ensuring enhanced efficiency among operations & costs and providing elasticity & flexibility solutions via cloud, the penetration of BFSI crisis management solutions is continuing to increase © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

12. Moreover, optimization of data and integration of automation technologies such as artificial intelligence & robotics in business operations are the major factors contributing to the growth of the solutions segment. Furthermore, the rise in investment in software by banks & financial institutions boosts the BFSI crisis management market growth. Asia Pacific Asia Pacificaccounts for the highest accounts for the highestCAGR during the forecast period CAGR during the forecast period Globally, Asia Pacific is estimated to hold the highest of 20.4% CAGR in the global BFSI crisis management market during the forecast period. The Asia-Pacific market is analyzed across China, India, Japan, Australia, South Korea, Singapore, and the Rest of Asia-Pacific. The Asia-Pacific BFSI crisis management market possesses the highest growth potential. Several banks, insurance companies, and financial institutions are adopting crisis management software & services to boost the business efficiency, lower compliance risk exposure, and increase the bureaucratic competence of organizations in the region. Request for Complete TOC and Figures & Graphs @ Request for Complete TOC and Figures & Graphs @https://www.marketstatsville.com/table market market https://www.marketstatsville.com/table- -of of- -content/bfsi content/bfsi- -crisis crisis- -management management- - Various governments across Asia-Pacific countries such as Japan, China, and Australia are encouraging to the banking & financial industry to implement crisis management solutions & services. Furthermore, many financial institutions in Asia-Pacific are adopting crisis management solutions for boosting business efficiency, lowering compliance risk exposure, and increasing bureaucratic efficiency of the organization. Furthermore, companies operating in the BFSI sector have more transaction data and are using those data into alternative lending platforms, increasing several risks in the market. Therefore, demand for crisis management solutions for transactions management is growing considerably in Asia-Pacific. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

13. Key Market Players in the Global BFSI Crisis Management Market Key Market Players in the Global BFSI Crisis Management Market Top winning plans and strategies are analyzed by performing a thorough study of the leading players in the BFSI crisis management market. A comprehensive analysis of various companies' recent developments and growth curves has helped understand the growth strategies adopted by them and their potential effect on the market. The companies have been evaluated depending on annual reports, SEC filings, and press releases. Major Players in the global BFSI crisis management are: NCC Group Noggin LogicGate, Inc. MetricStream Inc. 4C Strategies IBM CURA Software Solutions Everbridge Konexus SAS Institute Inc Request For Report Description @ Request For Report Description @https://www.marketstatsville.com/bfsi https://www.marketstatsville.com/bfsi- -crisis crisis- -management management- -market market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

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