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REPORT SCOPE & OVERVIEW

The Digital Risk Management Market size was USD 8.3 billion in 2022 and is expected to Reach USD 28.1 billion by 2030 and grow at a CAGR of 16.5 % over the forecast period of 2023-2030

Digital risk management is the process of identifying, assessing, and mitigating risks to an organization's digital assets. Digital assets can include data, systems, Deployments, and infrastructure. DRM is important because it helps organizations to protect their data and systems from cyber threats, such as data breaches, malware attacks, and ransomware attacks. The segment that dominates the digital risk management market is the software segment. The software segment accounted for 66.7% of the global market share in 2022. The software segment is dominated by vendors that offer DRM solutions that can be deployed on-premises or in the cloud. The digital risk management market is expected to grow in the coming years, driven by the increasing demand for solutions that can help organizations to protect themselves from cyber threats. The market is also expected to be driven by the growing adoption of cloud computing and the increasing use of big data.

Digital Risk Management Market Revenue Analysis

MARKET DYNAMICS

KEY DRIVERS

  • Increase in cyber attacks

  • The increasing adoption of cloud computing is also driving the demand for digital risk management solutions.

The number of cyber-attacks is increasing, and these attacks are becoming more sophisticated. This is driving the demand for digital risk management solutions that can help to protect organizations from cyber threats.

RESTRAIN

  • Lack of awareness

  • Digital risk management solutions can be expensive to implement and maintain. This can be a barrier for some organizations.

There is still a lack of awareness about digital risk management among some organizations. This can lead to organizations not taking the necessary steps to protect themselves from cyber threats.

OPPORTUNITY

  • Increased focus on cybersecurity

  • The development of new technologies, such as artificial intelligence and machine learning, is creating new opportunities for digital risk management.

The increasing focus on cybersecurity is creating new opportunities for digital risk management. Organizations are more willing to invest in digital risk management solutions to protect their data and systems from cyber threats.

CHALLENGES

  • Data privacy and security concerns

  • There are concerns about the privacy and security of data collected by digital risk management solutions. Organizations need to be careful about the data they collect and how they use it.

IMPACT OF RUSSIAN UKRAINE WAR

The Russia-Ukraine war has had a significant impact on the digital risk management market. The war has led to an increase in cyber attacks, as well as a disruption in supply chains. This has made it more difficult for organizations to protect their digital assets and systems. According to a report by the Ponemon Institute, the average cost of a data breach increased by 10% in 2022, to $4.24 million. The report also found that the number of data breaches increased by 14% in 2022. The war has also led to a disruption in supply chains for digital risk management solutions. This has made it more difficult for organizations to obtain the solutions they need to protect their digital assets. In March 2022, Microsoft warned that Russia was using cyber attacks to support its war effort in Ukraine. In June 2022, Varonis said that it had seen a 30% increase in ransomware attacks since the start of the war. Organizations need to be prepared for an increase in cyber attacks and a disruption in supply chains. They should also be prepared to spend more on digital risk management solutions.

IMPACT OF ONGOING RECESSION

The ongoing recession is likely to increase the focus on cyber risk. Businesses will be more concerned about the potential impact of cyberattacks on their financial performance. This could lead to an increased demand for cyber risk management solutions, such as threat intelligence solutions and incident response solutions. As businesses face financial constraints, they are likely to reduce their investment in digital risk management initiatives. This could lead to a decline in the adoption of new digital risk management technologies and solutions. A study by Gartner found that the global market for digital risk management solutions is expected to grow from $12.8 billion in 2022 to $20.4 billion in 2027. Businesses will be looking to adopt new technologies to improve their digital risk management posture. This could lead to increased adoption of technologies such as artificial intelligence, machine learning, and block chain.

KEY MARKET SEGMENTS 

By Component

  • Software

  • Services

  By Deployment

  • Cloud

  • On-premise

By Organization Size

  • Large Enterprise

  • Small and Medium Size Enterprise

By Industry Vertical

  • BFSI

  • IT

  • Telecom

  • Healthcare

  • Retail

  • Manufacturing

  • Others

Digital Risk Management Market Segmentation Analysis

Region Coverage:

North America

  • USA

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

REGIONAL ANALYSIS

North America is the largest market for digital risk management, accounting for a market share of 43% in 2022. This is due to the high adoption of digital technologies in the region, the increasing number of cyberattacks, and the strict regulatory compliance requirements. The United States is the largest market in the region, followed by Canada and Mexico. Cloud-based solutions are becoming increasingly popular in the north America region as they offer a number of advantages over on-premises solutions, such as scalability, flexibility, and cost-effectiveness.

Asia Pacific is the fastest-growing market for digital risk management, with a CAGR of 17.5% from 2022 to 2027. This is due to the rapid digitization of the region, the increasing number of connected devices, and the growing awareness of cyber risks. China is the largest market in the region, followed by India and Japan. The number and sophistication of cyber threats are increasing, which is driving the demand for digital risk management solutions.

KEY PLAYERS

The major key players in the Digital Risk Management Market are IBM Corporation, Oracle Corporation, SAP, SAS Institute Inc., Broadcom, NAVEX Global Inc., Logic Manager Inc., Metric Stream, Rapid7, Microsoft, and other players.

IBM Corporation-Company Financial Analysis

RECENT DEVELOPMENTS

IBM:

In May 2023, IBM announced that it was acquiring Randori, a provider of attack surface management solutions. This acquisition will allow IBM to expand its portfolio of digital risk management solutions and help its customers to better understand and manage their attack surfaces.

Varonis:

In June 2023, Varonis announced that it had acquired Code42, a provider of incident response and data loss prevention solutions. This acquisition will allow Varonis to offer a more comprehensive suite of digital risk management solutions to its customers.

Digital Risk Management Market Report Scope:
Report Attributes Details
Market Size in 2022  US$ 8.3 Billion
Market Size by 2030  US$ 28.1 Billion
CAGR   CAGR of 16.5 % From 2023 to 2030
Base Year 2022
Forecast Period  2023-2030
Historical Data  2019-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Component (Software, Services)
• By Deployment (Cloud, On-premise)
• By Organization Size (Large Enterprise, Small and Medium Size Enterprise)
• By Industry Vertical (BFSI, IT, Telecom, Healthcare, Retail, Manufacturing, Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles IBM Corporation, Oracle Corporation, SAP, SAS Institute Inc., Broadcom, NAVEX Global Inc., Logic Manager Inc., Metric Stream, Rapid7, Microsoft
Key Drivers • Increase in cyber attacks
• The increasing adoption of cloud computing is also driving the demand for digital risk management solutions.
Market Opportunity

• Increased focus on cybersecurity
• The development of new technologies, such as artificial intelligence and machine learning, is creating new opportunities for digital risk management.

 

 

Frequently Asked Questions

Ans. The Compound Annual Growth rate for Digital Risk Management Market over the forecast period is 16.5 %.

Ans. USD 28.1 Billion is the Company's projected Digital Risk Management Market size by 2030.

Ans. Digital risk management refers to how a company assesses, monitors, and treats those risks that arise from digital transformation. It focuses on the threats and risks to an organization's data and the IT systems that process it.

Ans. Digital risk is created by the new technologies that a company adopts to help accelerate its digital transformation. A digital risk management program usually encompasses the risks associated with these technology categories: third-party organizations, mobile, big data, the Internet of Things, cloud computing, and social media.

Ans. Digital risk management is critical to business management because it helps organizations protect their data and IT systems from cyber threats and other risks associated with digital transformation. It also assists in demonstrating compliance with numerous data security mandates and industry standards.

TABLE OF CONTENT

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of Ukraine- Russia War
4.2 Impact of Recession
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Digital Risk Management Market Segmentation, by Component
8.1 Software
8.2 Services

9. Digital Risk Management Market Segmentation, by Deployment
9.1 Cloud
9.2 On-premise

10. Digital Risk Management Market Segmentation, by Organization Size
10.1 Large Enterprise
10.2 Small and Medium Size Enterprise

11. Digital Risk Management Market Segmentation, by Industry Vertical
11.1 BFSI
11.2 IT
11.3 Telecom
11.4 Healthcare
11.5 Retail
11.6 Manufacturing
11.7 Others

12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Digital Risk Management Market by Country
12.2.2 North America Digital Risk Management Market by Component
12.2.3 North America Digital Risk Management Market by Deployment
12.2.4 North America Digital Risk Management Market by Organization Size
12.2.5 North America Digital Risk Management Market by Industry Vertical
12.2.6 USA
12.2.6.1 USA Digital Risk Management Market by Component
12.2.6.2 USA Digital Risk Management Market by Deployment
12.2.6.3 USA Digital Risk Management Market by Organization Size
12.2.6.4 USA Digital Risk Management Market by Industry Vertical
12.2.7 Canada
12.2.7.1 Canada Digital Risk Management Market by Component
12.2.7.2 Canada Digital Risk Management Market by Deployment
12.2.7.3 Canada Digital Risk Management Market by Organization Size
12.2.7.4 Canada Digital Risk Management Market by Industry Vertical
12.2.8 Mexico
12.2.8.1 Mexico Digital Risk Management Market by Component
12.2.8.2 Mexico Digital Risk Management Market by Deployment
12.2.8.3 Mexico Digital Risk Management Market by Organization Size
12.2.8.4 Mexico Digital Risk Management Market by Industry Vertical
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Eastern Europe Digital Risk Management Market by Country
12.3.1.2 Eastern Europe Digital Risk Management Market by Component
12.3.1.3 Eastern Europe Digital Risk Management Market by Deployment
12.3.1.4 Eastern Europe Digital Risk Management Market by Organization Size
12.3.1.5 Eastern Europe Digital Risk Management Market by Industry Vertical
12.3.1.6 Poland
12.3.1.6.1 Poland Digital Risk Management Market by Component
12.3.1.6.2 Poland Digital Risk Management Market by Deployment
12.3.1.6.3 Poland Digital Risk Management Market by Organization Size
12.3.1.6.4 Poland Digital Risk Management Market by Industry Vertical
12.3.1.7 Romania
12.3.1.7.1 Romania Digital Risk Management Market by Component
12.3.1.7.2 Romania Digital Risk Management Market by Deployment
12.3.1.7.3 Romania Digital Risk Management Market by Organization Size
12.3.1.7.4 Romania Digital Risk Management Market by Industry Vertical
12.3.1.8 Hungary
12.3.1.8.1 Hungary Digital Risk Management Market by Component
12.3.1.8.2 Hungary Digital Risk Management Market by Deployment
12.3.1.8.3 Hungary Digital Risk Management Market by Organization Size
12.3.1.8.4 Hungary Digital Risk Management Market by Industry Vertical
12.3.1.9 Turkey
12.3.1.9.1 Turkey Digital Risk Management Market by Component
12.3.1.9.2 Turkey Digital Risk Management Market by Deployment
12.3.1.9.3 Turkey Digital Risk Management Market by Organization Size
12.3.1.9.4 Turkey Digital Risk Management Market by Industry Vertical
12.3.1.10 Rest of Eastern Europe
12.3.1.10.1 Rest of Eastern Europe Digital Risk Management Market by Component
12.3.1.10.2 Rest of Eastern Europe Digital Risk Management Market by Deployment
12.3.1.10.3 Rest of Eastern Europe Digital Risk Management Market by Organization Size
12.3.1.10.4 Rest of Eastern Europe Digital Risk Management Market by Industry Vertical
12.3.2 Western Europe
12.3.2.1 Western Europe Digital Risk Management Market by Country
12.3.2.2 Western Europe Digital Risk Management Market by Component
12.3.2.3 Western Europe Digital Risk Management Market by Deployment
12.3.2.4 Western Europe Digital Risk Management Market by Organization Size
12.3.2.5 Western Europe Digital Risk Management Market by Industry Vertical
12.3.2.6 Germany
12.3.2.6.1 Germany Digital Risk Management Market by Component
12.3.2.6.2 Germany Digital Risk Management Market by Deployment
12.3.2.6.3 Germany Digital Risk Management Market by Organization Size
12.3.2.6.4 Germany Digital Risk Management Market by Industry Vertical
12.3.2.7 France
12.3.2.7.1 France Digital Risk Management Market by Component
12.3.2.7.2 France Digital Risk Management Market by Deployment
12.3.2.7.3 France Digital Risk Management Market by Organization Size
12.3.2.7.4 France Digital Risk Management Market by Industry Vertical
12.3.2.8 UK
12.3.2.8.1 UK Digital Risk Management Market by Component
12.3.2.8.2 UK Digital Risk Management Market by Deployment
12.3.2.8.3 UK Digital Risk Management Market by Organization Size
12.3.2.8.4 UK Digital Risk Management Market by Industry Vertical
12.3.2.9 Italy
12.3.2.9.1 Italy Digital Risk Management Market by Component
12.3.2.9.2 Italy Digital Risk Management Market by Deployment
12.3.2.9.3 Italy Digital Risk Management Market by Organization Size
12.3.2.9.4 Italy Digital Risk Management Market by Industry Vertical
12.3.2.10 Spain
12.3.2.10.1 Spain Digital Risk Management Market by Component
12.3.2.10.2 Spain Digital Risk Management Market by Deployment
12.3.2.10.3 Spain Digital Risk Management Market by Organization Size
12.3.2.10.4 Spain Digital Risk Management Market by Industry Vertical
12.3.2.11 Netherlands
12.3.2.11.1 Netherlands Digital Risk Management Market by Component
12.3.2.11.2 Netherlands Digital Risk Management Market by Deployment
12.3.2.11.3 Netherlands Digital Risk Management Market by Organization Size
12.3.2.11.4 Netherlands Digital Risk Management Market by Industry Vertical
12.3.2.12 Switzerland
12.3.2.12.1 Switzerland Digital Risk Management Market by Component
12.3.2.12.2 Switzerland Digital Risk Management Market by Deployment
12.3.2.12.3 Switzerland Digital Risk Management Market by Organization Size
12.3.2.12.4 Switzerland Digital Risk Management Market by Industry Vertical
12.3.2.13 Austria
12.3.2.13.1 Austria Digital Risk Management Market by Component
12.3.2.13.2 Austria Digital Risk Management Market by Deployment
12.3.2.13.3 Austria Digital Risk Management Market by Organization Size
12.3.2.13.4 Austria Digital Risk Management Market by Industry Vertical
12.3.2.14 Rest of Western Europe
12.3.2.14.1 Rest of Western Europe Digital Risk Management Market by Component
12.3.2.14.2 Rest of Western Europe Digital Risk Management Market by Deployment
12.3.2.14.3 Rest of Western Europe Digital Risk Management Market by Organization Size
12.3.2.14.4 Rest of Western Europe Digital Risk Management Market by Industry Vertical
12.4 Asia-Pacific
12.4.1 Asia Pacific Digital Risk Management Market by Country
12.4.2 Asia Pacific Digital Risk Management Market by Component
12.4.3 Asia Pacific Digital Risk Management Market by Deployment
12.4.4 Asia Pacific Digital Risk Management Market by Organization Size
12.4.5 Asia Pacific Digital Risk Management Market by Industry Vertical
12.4.6 China
12.4.6.1 China Digital Risk Management Market by Component
12.4.6.2 China Digital Risk Management Market by Deployment
12.4.6.3 China Digital Risk Management Market by Organization Size
12.4.6.4 China Digital Risk Management Market by Industry Vertical
12.4.7 India
12.4.7.1 India Digital Risk Management Market by Component
12.4.7.2 India Digital Risk Management Market by Deployment
12.4.7.3 India Digital Risk Management Market by Organization Size
12.4.7.4 India Digital Risk Management Market by Industry Vertical
12.4.8 Japan
12.4.8.1 Japan Digital Risk Management Market by Component
12.4.8.2 Japan Digital Risk Management Market by Deployment
12.4.8.3 Japan Digital Risk Management Market by Organization Size
12.4.8.4 Japan Digital Risk Management Market by Industry Vertical
12.4.9 South Korea
12.4.9.1 South Korea Digital Risk Management Market by Component
12.4.9.2 South Korea Digital Risk Management Market by Deployment
12.4.9.3 South Korea Digital Risk Management Market by Organization Size
12.4.9.4 South Korea Digital Risk Management Market by Industry Vertical
12.4.10 Vietnam
12.4.10.1 Vietnam Digital Risk Management Market by Component
12.4.10.2 Vietnam Digital Risk Management Market by Deployment
12.4.10.3 Vietnam Digital Risk Management Market by Organization Size
12.4.10.4 Vietnam Digital Risk Management Market by Industry Vertical
12.4.11 Singapore
12.4.11.1 Singapore Digital Risk Management Market by Component
12.4.11.2 Singapore Digital Risk Management Market by Deployment
12.4.11.3 Singapore Digital Risk Management Market by Organization Size
12.4.11.4 Singapore Digital Risk Management Market by Industry Vertical
12.4.12 Australia
12.4.12.1 Australia Digital Risk Management Market by Component
12.4.12.2 Australia Digital Risk Management Market by Deployment
12.4.12.3 Australia Digital Risk Management Market by Organization Size
12.4.12.4 Australia Digital Risk Management Market by Industry Vertical
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Digital Risk Management Market by Component
12.4.13.2 Rest of Asia-Pacific APAC Digital Risk Management Market by Deployment
12.4.13.3 Rest of Asia-Pacific Digital Risk Management Market by Organization Size
12.4.13.4 Rest of Asia-Pacific Digital Risk Management Market by Industry Vertical
12.5 Middle East & Africa
12.5.1 Middle East
12.5.1.1 Middle East Digital Risk Management Market by Country
12.5.1.2 Middle East Digital Risk Management Market by Component
12.5.1.3 Middle East Digital Risk Management Market by Deployment
12.5.1.4 Middle East Digital Risk Management Market by Organization Size
12.5.1.5 Middle East Digital Risk Management Market by Industry Vertical
12.5.1.6 UAE
12.5.1.6.1 UAE Digital Risk Management Market by Component
12.5.1.6.2 UAE Digital Risk Management Market by Deployment
12.5.1.6.3 UAE Digital Risk Management Market by Organization Size
12.5.1.6.4 UAE Digital Risk Management Market by Industry Vertical
12.5.1.7 Egypt
12.5.1.7.1 Egypt Digital Risk Management Market by Component
12.5.1.7.2 Egypt Digital Risk Management Market by Deployment
12.5.1.7.3 Egypt Digital Risk Management Market by Organization Size
12.5.1.7.4 Egypt Digital Risk Management Market by Industry Vertical
12.5.1.8 Saudi Arabia
12.5.1.8.1 Saudi Arabia Digital Risk Management Market by Component
12.5.1.8.2 Saudi Arabia Digital Risk Management Market by Deployment
12.5.1.8.3 Saudi Arabia Digital Risk Management Market by Organization Size
12.5.1.8.4 Saudi Arabia Digital Risk Management Market by Industry Vertical
12.5.1.9 Qatar
12.5.1.9.1 Qatar Digital Risk Management Market by Component
12.5.1.9.2 Qatar Digital Risk Management Market by Deployment
12.5.1.9.3 Qatar Digital Risk Management Market by Organization Size
12.5.1.9.4 Qatar Digital Risk Management Market by Industry Vertical
12.5.1.10 Rest of Middle East
12.5.1.10.1 Rest of Middle East Digital Risk Management Market by Component
12.5.1.10.2 Rest of Middle East Digital Risk Management Market by Deployment
12.5.1.10.3 Rest of Middle East Digital Risk Management Market by Organization Size
12.5.1.10.4 Rest of Middle East Digital Risk Management Market by Industry Vertical
12.5.2. Africa
12.5.2.1 Africa Digital Risk Management Market by Country
12.5.2.2 Africa Digital Risk Management Market by Component
12.5.2.3 Africa Digital Risk Management Market by Deployment
12.5.2.4 Africa Digital Risk Management Market by Organization Size
12.5.2.5 Africa Digital Risk Management Market by Industry Vertical
12.5.2.6 Nigeria
12.5.2.6.1 Nigeria Digital Risk Management Market by Component
12.5.2.6.2 Nigeria Digital Risk Management Market by Deployment
12.5.2.6.3 Nigeria Digital Risk Management Market by Organization Size
12.5.2.6.4 Nigeria Digital Risk Management Market by Industry Vertical
12.5.2.7 South Africa
12.5.2.7.1 South Africa Digital Risk Management Market by Component
12.5.2.7.2 South Africa Digital Risk Management Market by Deployment
12.5.2.7.3 South Africa Digital Risk Management Market by Organization Size
12.5.2.7.4 South Africa Digital Risk Management Market by Industry Vertical
12.5.2.8 Rest of Africa
12.5.2.8.1 Rest of Africa Digital Risk Management Market by Component
12.5.2.8.2 Rest of Africa Digital Risk Management Market by Deployment
12.5.2.8.3 Rest of Africa Digital Risk Management Market by Organization Size
12.5.2.8.4 Rest of Africa Digital Risk Management Market by Industry Vertical
12.6. Latin America
12.6.1 Latin America Digital Risk Management Market by Country
12.6.2 Latin America Digital Risk Management Market by Component
12.6.3 Latin America Digital Risk Management Market by Deployment
12.6.4 Latin America Digital Risk Management Market by Organization Size
12.6.5 Latin America Digital Risk Management Market by Industry Vertical
12.6.6 Brazil
12.6.6.1 Brazil Digital Risk Management Market by Component
12.6.6.2 Brazil Digital Risk Management Market by Deployment
12.6.6.3 Brazil Digital Risk Management Market by Organization Size
12.6.6.4 Brazil Digital Risk Management Market by Industry Vertical
12.6.7 Argentina
12.6.7.1 Argentina Digital Risk Management Market by Component
12.6.7.2 Argentina Digital Risk Management Market by Deployment
12.6.7.3 Argentina Digital Risk Management Market by Organization Size
12.6.7.4 Argentina Digital Risk Management Market by Industry Vertical
12.6.8 Colombia
12.6.8.1 Colombia Digital Risk Management Market by Component
12.6.8.2 Colombia Digital Risk Management Market by Deployment
12.6.8.3 Colombia Digital Risk Management Market by Organization Size
12.6.8.4 Colombia Digital Risk Management Market by Industry Vertical
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Digital Risk Management Market by Component
12.6.9.2 Rest of Latin America Digital Risk Management Market by Deployment
12.6.9.3 Rest of Latin America Digital Risk Management Market by Organization Size
12.6.9.4 Rest of Latin America Digital Risk Management Market by Industry Vertical

13 Company profile
13.1 IBM Corporation
13.1.1 Company Overview
13.1.2 Financials
13.1.3Product/Services/Offerings
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Oracle Corporation
13.2.1 Company Overview
13.2.2 Financials
13.2.3Product/Services/Offerings
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 SAP
13.3.1 Company Overview
13.3.2 Financials
13.3.3Product/Services/Offerings
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 SAS Institute Inc.
13.4.1 Company Overview
13.4.2 Financials
13.4.3Product/Services/Offerings
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Broadcom
13.5.1 Company Overview
13.5.2 Financials
13.5.3Product/Services/Offerings
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 NAVEX Global Inc.
13.6.1 Company Overview
13.6.2 Financials
13.6.3Product/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Logic Manager Inc.
13.7.1 Company Overview
13.7.2 Financials
13.7.3Product/Services/Offerings
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Metric Stream
13.8.1 Company Overview
13.8.2 Financial
13.8.3Product/Services/Offerings
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Rapid7
13.9.1 Company Overview
13.9.2 Financials
13.9.3 Product/Service/Offerings
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Microsoft
13.10.1 Company Overview
13.10.2 Financials
13.10.3 Product/Service/Offerings
13.10.4 SWOT Analysis
13.10.5 The SNS View

14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Company Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions

15. USE Cases and Best Practices

16. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

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Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

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