Digital Risk Management Market By Solution Type (Risk and Compliance Management, Threat Intelligence and Detection, Third-Party Risk Management, Incident Response); By Deployment Mode (On-Premise, Cloud-Based); By Industry Vertical (BFSI, Healthcare, IT and Telecom, Manufacturing, Government, Others); By Organization Size (Large Enterprises, Small and Medium Enterprises (SMEs)); By Service Type (Professional Services, Managed Services) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
The Digital Risk Management Market size was valued at USD 7213.4 million in 2024 and is anticipated to reach USD 19312.6 million by 2032, at a CAGR of 13.1% during the forecast period (2024-2032).
REPORT ATTRIBUTE
DETAILS
Historical Period
2020-2023
Base Year
2024
Forecast Period
2025-2032
Digital Risk Management Market Size 2024
USD 7213.4 million
Digital Risk Management Market, CAGR
13.1%
Digital Risk Management Market Size 2032
USD 19312.6 million
Market expansion is driven by the surge in cyber-attacks, rapid regulatory changes, and the growing reliance on cloud computing, IoT, and advanced analytics. Enterprises are integrating third-party risk management, AI-powered threat detection, and automated incident response into their frameworks to strengthen resilience. The demand for scalable, cloud-based platforms that offer real-time risk visibility is rising, as companies aim to align their digital risk approaches with overall enterprise risk management strategies. Additionally, the increasing focus on proactive risk intelligence and predictive analytics is enabling organizations to anticipate threats before they escalate.
North America holds the largest share due to its mature cybersecurity infrastructure, advanced technology adoption, and stringent compliance frameworks. Asia-Pacific is the fastest-growing region, supported by rapid digital transformation, booming e-commerce markets, and increasing cybersecurity awareness in economies such as China, India, and Southeast Asian nations. Europe remains a strong contributor, underpinned by strict data protection regulations and widespread digital adoption.
Market Insights:
The Digital Risk Management Market reached USD 7213.4 million and is projected to achieve USD 19312.6 million by 2032, registering a CAGR of 13.1% during the forecast period.
Rising cyber-attacks, rapid regulatory changes, and growing reliance on cloud computing, IoT, and analytics are fueling demand for advanced risk management solutions.
Enterprises are implementing third-party risk management, AI-powered threat detection, and automated incident response to enhance operational resilience.
High complexity and cost of integration, along with limited skilled professionals, are key challenges impacting broader adoption across industries.
North America holds 39% share, supported by advanced regulatory frameworks, strong technology adoption, and significant investments in unified risk platforms.
Asia-Pacific holds 28% share and is the fastest-growing region, driven by digital transformation, e-commerce expansion, and national cybersecurity initiatives.
Europe holds 23% share, reinforced by GDPR compliance requirements, high awareness of data security, and steady investment in governance solutions.
Access crucial information at unmatched prices!
Request your sample report today & start making informed decisions powered by Credence Research Inc.!
The Digital Risk Management Market is witnessing strong growth due to the increasing volume and sophistication of cyber threats targeting organizations across industries. Businesses face heightened risks from ransomware, phishing, data breaches, and state-sponsored cyberattacks. It is essential for enterprises to adopt comprehensive risk management frameworks to safeguard sensitive data and maintain operational continuity. The integration of advanced threat detection, endpoint security, and real-time monitoring tools is becoming a strategic priority. Growing board-level attention to cybersecurity is reinforcing investments in digital risk management solutions.
For instance, IBM’s advanced threat detection and response capabilities are built on monitoring over 150 billion security events each day.
Tightening global regulations on data privacy, cybersecurity, and financial compliance are accelerating the need for robust digital risk management practices. The market benefits from initiatives such as GDPR in Europe, CCPA in the U.S., and various national cybersecurity mandates in Asia-Pacific. It compels organizations to implement structured compliance monitoring and reporting mechanisms to avoid legal penalties and reputational damage. This regulatory pressure is expanding the adoption of automated risk assessment and governance platforms. Businesses are increasingly aligning their compliance programs with digital risk strategies to meet evolving requirements efficiently.
Expansion of Cloud Computing and Connected Ecosystems
The widespread adoption of cloud computing, IoT devices, and digital platforms is amplifying the complexity of enterprise risk environments. The Digital Risk Management Market is responding with solutions that provide unified visibility across distributed infrastructures. It is crucial for enterprises to manage third-party and supply chain risks arising from interconnected systems. Scalable, cloud-based risk management platforms are enabling organizations to detect vulnerabilities and enforce consistent security policies. The growing dependency on connected technologies is elevating the role of digital risk management in strategic planning.
For example, to manage third-party vulnerabilities, Bitsight’s risk management solution provides access to a network of over 40,000 vendor security profiles, enabling organizations to continuously monitor their digital supply chain.
Integration of Advanced Technologies to Enhance Risk Intelligence
Artificial intelligence, machine learning, and predictive analytics are transforming how organizations manage digital risks. The market is seeing increased adoption of tools that deliver proactive risk intelligence, automated threat detection, and incident response capabilities. It is enabling businesses to move from reactive measures to preventive strategies. Enhanced data analytics capabilities are providing actionable insights to prioritize critical risks and allocate resources effectively. This technological integration is strengthening the overall value proposition of digital risk management solutions.
Market Trends:
Growing Shift Toward Proactive and Predictive Risk Management Approaches
The Digital Risk Management Market is experiencing a clear transition from reactive defense measures to proactive and predictive risk mitigation strategies. Organizations are deploying advanced analytics and AI-powered models to identify potential threats before they impact operations. It enables enterprises to prioritize risks based on severity and probability, ensuring efficient resource allocation. Predictive capabilities are allowing decision-makers to anticipate vulnerabilities across IT networks, cloud platforms, and third-party environments. The emphasis on continuous monitoring and early warning systems is gaining traction, particularly in highly regulated sectors such as finance, healthcare, and critical infrastructure. This trend is reinforcing the importance of integrated platforms that combine risk assessment, compliance tracking, and incident response in a single ecosystem.
For instance, CrowdStrike strengthens proactive defense by building its AI Security Services on threat intelligence from tracking more than 265 active adversary groups, which informs its platform’s ability to protect customers.
Increased Emphasis on Integrated and Cloud-Native Risk Platforms
Demand is rising for unified, cloud-native risk management platforms that deliver comprehensive visibility across complex, distributed IT infrastructures. The market is responding with solutions that integrate governance, compliance, and security functions into centralized dashboards. It allows organizations to streamline risk reporting, enforce consistent policies, and reduce operational silos. The shift toward hybrid and multi-cloud architectures is further driving adoption of solutions that provide scalable protection and real-time threat intelligence. Vendors are focusing on user-centric designs and interoperability to support diverse enterprise environments. This development is strengthening the competitive differentiation of providers that can deliver agile, adaptable, and cost-effective digital risk management capabilities.
For instance, OneTrust’s cloud platform includes compliance automation software that is integrated with more than 50 compliance frameworks, standards, and regulations.
Market Challenges Analysis:
High Complexity and Cost of Implementation Limiting Adoption
The Digital Risk Management Market faces challenges related to the high complexity and cost of deploying comprehensive solutions. Many organizations struggle to integrate digital risk management frameworks with existing IT infrastructures and legacy systems. It requires significant investment in technology, skilled personnel, and continuous updates to address evolving threats. Smaller enterprises often find these costs prohibitive, leading to slower adoption rates. The need for customization across different industries further increases implementation timelines and expenses. This complexity can hinder the ability of businesses to achieve rapid returns on investment.
Shortage of Skilled Professionals and Evolving Threat Landscape
A global shortage of cybersecurity and risk management professionals is impacting the market’s growth potential. The Digital Risk Management Market demands expertise in AI-driven analytics, regulatory compliance, and threat intelligence, yet the talent pool remains limited. It creates reliance on external service providers, which can raise costs and pose data security concerns. The constantly evolving nature of cyber threats requires organizations to adapt strategies quickly, often stretching internal resources. Limited awareness in some regions also slows the adoption of advanced solutions. This talent gap and dynamic threat environment remain critical challenges for sustained market expansion.
Market Opportunities:
Rising Demand for Cloud-Based and AI-Driven Risk Solutions
The Digital Risk Management Market presents strong growth potential through the adoption of cloud-based and AI-powered platforms. Enterprises are seeking scalable solutions that deliver real-time visibility, predictive analytics, and automated response capabilities. It enables organizations to manage risks across hybrid and multi-cloud environments with greater efficiency. The increasing reliance on digital ecosystems and remote operations is driving the need for integrated platforms that consolidate governance, compliance, and security functions. Vendors offering AI-enhanced tools that detect threats earlier and reduce manual intervention are positioned to capture a larger market share. Expanding capabilities in automation and advanced analytics will continue to open new revenue streams.
Expanding Opportunities in Emerging Economies and Regulated Sectors
Rapid digital transformation in emerging economies offers significant opportunities for market expansion. The Digital Risk Management Market can benefit from rising investments in cybersecurity infrastructure across Asia-Pacific, Latin America, and the Middle East. It creates demand for tailored solutions that address local compliance requirements and sector-specific risks. Highly regulated industries such as healthcare, banking, and critical infrastructure are increasingly prioritizing advanced risk management frameworks. Vendors that deliver industry-specific, compliance-ready solutions can gain a competitive edge. Growing awareness of digital risk in previously underserved markets further strengthens the long-term growth outlook.
Market Segmentation Analysis:
By Solution Type
The Digital Risk Management Market is segmented into risk and compliance management, threat intelligence and detection, third-party risk management, and incident response. Risk and compliance management holds a significant share due to increasing regulatory requirements across industries. Threat intelligence and detection is gaining traction as enterprises focus on identifying vulnerabilities before they escalate. Third-party risk management is expanding with the growing complexity of supply chains, while incident response solutions are critical for minimizing the impact of breaches.
For instance, CrowdStrike’s Falcon platform tracks 257 adversaries, using this intelligence to enhance detection and reduce false positives.
By Deployment Mode
The market is divided into on-premise and cloud-based solutions. Cloud-based deployment is witnessing strong demand due to scalability, cost efficiency, and the ability to provide real-time risk visibility across distributed environments. On-premise solutions maintain relevance in highly regulated sectors that require strict control over data. It is expected that hybrid approaches will see rising adoption as organizations balance security needs with operational flexibility.
For instance, IBM’s Hybrid Cloud Build Team has already completed over 75 engagements, helping partners create and migrate to open hybrid cloud environments, a process that typically takes between 5 and 20 weeks to develop a working prototype.
By Industry Vertical
The market covers BFSI, healthcare, IT and telecom, manufacturing, government, and others. BFSI leads the segment due to its high exposure to financial crimes and regulatory compliance obligations. Healthcare is increasing adoption to safeguard sensitive patient data and meet privacy mandates. IT and telecom benefit from digital risk solutions to protect extensive networks, while manufacturing focuses on securing connected production systems. Government agencies invest heavily in these solutions to protect national security and public data assets.
Segmentations:
By Solution Type
Risk and Compliance Management
Threat Intelligence and Detection
Third-Party Risk Management
Incident Response
By Deployment Mode
On-Premise
Cloud-Based
By Industry Vertical
BFSI
Healthcare
IT and Telecom
Manufacturing
Government
Others
By Organization Size
Large Enterprises
Small and Medium Enterprises (SMEs)
By Service Type
Professional Services
Managed Services
By Region
North America
U.S.
Canada
Mexico
Europe
UK
France
Germany
Italy
Spain
Russia
Belgium
Netherlands
Austria
Sweden
Poland
Denmark
Switzerland
Rest of Europe
Asia Pacific
China
Japan
South Korea
India
Australia
Thailand
Indonesia
Vietnam
Malaysia
Philippines
Taiwan
Rest of Asia Pacific
Latin America
Brazil
Argentina
Peru
Chile
Colombia
Rest of Latin America
Middle East
UAE
KSA
Israel
Turkey
Iran
Rest of Middle East
Africa
Egypt
Nigeria
Algeria
Morocco
Rest of Africa
Regional Analysis:
North America Maintaining Market Leadership Through Advanced Adoption
North America accounted for 39% of the Digital Risk Management Market, supported by its mature cybersecurity infrastructure, strong regulatory enforcement, and high digital adoption rates. The presence of leading technology providers and early integration of AI-driven risk management tools contribute to its dominance. It benefits from a robust ecosystem of service providers, research institutions, and government initiatives aimed at strengthening cybersecurity resilience. Industries such as banking, healthcare, and government are investing heavily in unified risk platforms to address sophisticated threats. Ongoing innovations and substantial R&D investments continue to reinforce the region’s competitive position.
Asia-Pacific Emerging as the Fastest-Growing Region
Asia-Pacific held 28% of the Digital Risk Management Market, driven by large-scale digital transformation, expanding e-commerce markets, and increasing regulatory focus on data protection. The market in this region benefits from rising cybersecurity budgets across enterprises in China, India, Japan, and Southeast Asia. It is witnessing strong demand for cloud-native platforms that can scale with growing digital infrastructures. Government-led initiatives to secure national digital assets are encouraging adoption across both public and private sectors. Rising awareness of third-party and supply chain risks is further propelling the need for comprehensive digital risk strategies.
Europe Strengthening Position with Stringent Data Protection Laws
Europe accounted for 23% of the Digital Risk Management Market, supported by strict compliance requirements such as the General Data Protection Regulation (GDPR). The market in the region is shaped by high awareness of privacy and data security among enterprises and consumers. It benefits from steady investment in advanced governance and compliance solutions across sectors like finance, manufacturing, and healthcare. Regional companies are focusing on integrating digital risk management into enterprise-wide strategies to meet evolving regulatory demands. Strong collaboration between industry bodies and technology vendors is fostering innovation and improving market penetration.
Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!
The Digital Risk Management Market features a competitive landscape driven by innovation, strategic partnerships, and expanding service portfolios. Leading players focus on integrating AI, machine learning, and predictive analytics to enhance threat detection and compliance capabilities. It is characterized by a mix of established cybersecurity vendors, specialized risk management providers, and emerging technology firms. Companies are investing in cloud-native platforms, automation, and unified dashboards to meet growing demand for scalable and efficient solutions. Vendors compete on technology differentiation, regulatory expertise, and the ability to deliver tailored industry-specific offerings. The market is also witnessing increased mergers and acquisitions aimed at broadening geographic reach and strengthening product capabilities. Strong emphasis on customer-centric services and continuous product upgrades is enabling leading companies to maintain a competitive edge while attracting new clients in high-growth sectors such as BFSI, healthcare, and government.
Recent Developments:
In August 2025, IBM partnered with the United States Tennis Association (USTA) to introduce new AI-powered fan experiences for the 2025 US Open, including a ‘Match Chat’ AI assistant.
In May 2025, IBM launched new enterprise AI technologies, including the IBM LinuxONE 5 platform, and announced advancements to its watsonx platform and Turbonomic application resource management at its Think 2025 conference.
In July 2025, Oracle announced a cloud services agreement valued at over $30 billion annually, reportedly with OpenAI, to provide substantial cloud infrastructure for the Stargate AI project.
In May 2025, Broadcom launched its third-generation co-packaged optics (CPO) product line, designed to support the high-radix networks required for large-scale artificial intelligence deployments.
Market Concentration & Characteristics:
The Digital Risk Management Market demonstrates moderate to high concentration, with a limited number of established global vendors holding a significant share alongside a growing base of niche providers. It is characterized by strong technological innovation, frequent product enhancements, and the integration of advanced analytics to address evolving cyber threats and compliance demands. Vendors differentiate through domain expertise, scalable cloud-based solutions, and industry-specific offerings. The market reflects high entry barriers due to the need for advanced technical capabilities, regulatory knowledge, and substantial investment in R&D. Strategic alliances, mergers, and acquisitions are common, aimed at expanding geographic presence and strengthening service portfolios. Demand from sectors such as BFSI, healthcare, and government drives consistent growth, while competition remains intense in delivering real-time risk intelligence and comprehensive governance frameworks.
Report Coverage:
The research report offers an in-depth analysis based on Solution Type, Deployment Mode, Industry Vertical, Organization Size, Service Type and Region. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.
Future Outlook:
Adoption of AI-driven risk assessment tools will expand, enabling faster detection and prioritization of emerging threats.
Cloud-native digital risk management platforms will gain wider acceptance, supporting scalability and integration across hybrid environments.
Predictive analytics will play a larger role in anticipating vulnerabilities and improving decision-making processes.
Industry-specific solutions will increase in demand, particularly in regulated sectors such as healthcare, BFSI, and government.
Partnerships between technology vendors and regulatory bodies will strengthen to align solutions with evolving compliance standards.
The rise in third-party and supply chain risks will drive greater focus on vendor risk management capabilities.
Integration of digital risk management with enterprise-wide governance frameworks will become standard practice for large organizations.
Growth in remote and distributed workforces will accelerate the need for enhanced endpoint and identity risk controls.
Emerging economies will offer new opportunities as digital transformation and cybersecurity awareness expand.
Continuous innovation in automation and orchestration will streamline response times and reduce operational costs for enterprises.
1. Introduction
1.1. Report Description
1.2. Purpose of the Report
1.3. USP & Key Offerings
1.4. Key Benefits for Stakeholders
1.5. Target Audience
1.6. Report Scope
1.7. Regional Scope
2. Scope and Methodology
2.1. Objectives of the Study
2.2. Stakeholders
2.3. Data Sources
2.3.1. Primary Sources
2.3.2. Secondary Sources
2.4. Market Estimation
2.4.1. Bottom-Up Approach
2.4.2. Top-Down Approach
2.5. Forecasting Methodology
3. Executive Summary
4. Introduction
4.1. Overview
4.2. Key Industry Trends
5. Global Digital Risk Management Market
5.1. Market Overview
5.2. Market Performance
5.3. Impact of COVID-19
5.4. Market Forecast
6. Market Breakup By Solution Type
6.1. Risk and Compliance Management
6.1.1. Market Trends
6.1.2. Market Forecast
6.1.3. Revenue Share
6.1.4. Revenue Growth Opportunity
6.2. Threat Intelligence and Detection
6.2.1. Market Trends
6.2.2. Market Forecast
6.2.3. Revenue Share
6.2.4. Revenue Growth Opportunity
6.3. Third-Party Risk Management
6.3.1. Market Trends
6.3.2. Market Forecast
6.3.3. Revenue Share
6.3.4. Revenue Growth Opportunity
6.4. Incident Response
6.4.1. Market Trends
6.4.2. Market Forecast
6.4.3. Revenue Share
6.4.4. Revenue Growth Opportunity
7. Market Breakup By Deployment Mode
7.1. On-Premise
7.1.1. Market Trends
7.1.2. Market Forecast
7.1.3. Revenue Share
7.1.4. Revenue Growth Opportunity
7.2. Cloud-Based
7.2.1. Market Trends
7.2.2. Market Forecast
7.2.3. Revenue Share
7.2.4. Revenue Growth Opportunity
8. Market Breakup By Industry Vertical
8.1. BFSI
8.1.1. Market Trends
8.1.2. Market Forecast
8.1.3. Revenue Share
8.1.4. Revenue Growth Opportunity
8.2. Healthcare
8.2.1. Market Trends
8.2.2. Market Forecast
8.2.3. Revenue Share
8.2.4. Revenue Growth Opportunity
8.3. IT and Telecom
8.3.1. Market Trends
8.3.2. Market Forecast
8.3.3. Revenue Share
8.3.4. Revenue Growth Opportunity
8.4. Manufacturing
8.4.1. Market Trends
8.4.2. Market Forecast
8.4.3. Revenue Share
8.4.4. Revenue Growth Opportunity
8.5. Government
8.5.1. Market Trends
8.5.2. Market Forecast
8.5.3. Revenue Share
8.5.4. Revenue Growth Opportunity
8.6. Others
8.6.1. Market Trends
8.6.2. Market Forecast
8.6.3. Revenue Share
8.6.4. Revenue Growth Opportunity
9. Market Breakup By Organization Size
9.1. Large Enterprises
9.1.1. Market Trends
9.1.2. Market Forecast
9.1.3. Revenue Share
9.1.4. Revenue Growth Opportunity
9.2. Small and Medium Enterprises (SMEs)
9.2.1. Market Trends
9.2.2. Market Forecast
9.2.3. Revenue Share
9.2.4. Revenue Growth Opportunity
10. Market Breakup By Service Type
10.1. Professional Services
10.1.1. Market Trends
10.1.2. Market Forecast
10.1.3. Revenue Share
10.1.4. Revenue Growth Opportunity
10.2. Managed Services
10.2.1. Market Trends
10.2.2. Market Forecast
10.2.3. Revenue Share
10.2.4. Revenue Growth Opportunity
11. Market Breakup by Region
11.1. North America
11.1.1. United States
11.1.1.1. Market Trends
11.1.1.2. Market Forecast
11.1.2. Canada
11.1.2.1. Market Trends
11.1.2.2. Market Forecast
11.2. Asia-Pacific
11.2.1. China
11.2.2. Japan
11.2.3. India
11.2.4. South Korea
11.2.5. Australia
11.2.6. Indonesia
11.2.7. Others
11.3. Europe
11.3.1. Germany
11.3.2. France
11.3.3. United Kingdom
11.3.4. Italy
11.3.5. Spain
11.3.6. Russia
11.3.7. Others
11.4. Latin America
11.4.1. Brazil
11.4.2. Mexico
11.4.3. Others
11.5. Middle East and Africa
11.5.1. Market Trends
11.5.2. Market Breakup by Country
11.5.3. Market Forecast
12. SWOT Analysis
12.1. Overview
12.2. Strengths
12.3. Weaknesses
12.4. Opportunities
12.5. Threats
13. Value Chain Analysis
14. Porters Five Forces Analysis
14.1. Overview
14.2. Bargaining Power of Buyers
14.3. Bargaining Power of Suppliers
14.4. Degree of Competition
14.5. Threat of New Entrants
14.6. Threat of Substitutes
15. Price Analysis
16. Competitive Landscape
16.1. Market Structure
16.2. Key Players
16.3. Profiles of Key Players
16.3.1. SAP
16.3.1.1. Company Overview
16.3.1.2. Product Portfolio
16.3.1.3. Financials
16.3.1.4. SWOT Analysis
16.3.2. Oracle Corporation
16.3.2.1. Company Overview
16.3.2.2. Product Portfolio
16.3.2.3. Financials
16.3.2.4. SWOT Analysis
16.3.3. IBM Corporation
16.3.3.1. Company Overview
16.3.3.2. Product Portfolio
16.3.3.3. Financials
16.3.3.4. SWOT Analysis
16.3.4. SAS Institute Inc.
16.3.4.1. Company Overview
16.3.4.2. Product Portfolio
16.3.4.3. Financials
16.3.4.4. SWOT Analysis
16.3.5. NAVEX Global
16.3.5.1. Company Overview
16.3.5.2. Product Portfolio
16.3.5.3. Financials
16.3.5.4. SWOT Analysis
16.3.6. ServiceNow
16.3.6.1. Company Overview
16.3.6.2. Product Portfolio
16.3.6.3. Financials
16.3.6.4. SWOT Analysis
16.3.7. RSA Security LLC
16.3.7.1. Company Overview
16.3.7.2. Product Portfolio
16.3.7.3. Financials
16.3.7.4. SWOT Analysis
16.3.8. Broadcom
16.3.8.1. Company Overview
16.3.8.2. Product Portfolio
16.3.8.3. Financials
16.3.8.4. SWOT Analysis
16.3.9. LogicManager
16.3.9.1. Company Overview
16.3.9.2. Product Portfolio
16.3.9.3. Financials
16.3.9.4. SWOT Analysis
16.3.10. Metricstream Inc.
16.3.10.1. Company Overview
16.3.10.2. Product Portfolio
16.3.10.3. Financials
16.3.10.4. SWOT Analysis
17. Research Methodology
Request A Free Sample
We prioritize the confidentiality and security of your data. Our promise: your information remains private.
Ready to Transform Data into Decisions?
Request Your Sample Report and Start Your Journey of Informed Choices
Providing the strategic compass for industry titans.
Frequently Asked Questions
What is the current market size for Digital Risk Management, and what is its projected size in 2032?
The Digital Risk Management Market was valued at USD 7213.4 million in 2024 and is expected to reach USD 19312.6 million by 2032.
Which Digital Risk Management market segment held the largest share in 2024
Risk and compliance management solutions held the largest share in 2024 due to increasing regulatory requirements and demand for structured governance frameworks.
What are the primary factors fueling the growth of the Digital Risk Management market?
Key growth drivers include the surge in cyber-attacks, rapid regulatory changes, and the growing reliance on cloud computing, IoT, and advanced analytics
Which region commanded the largest share of the Digital Risk Management market in 2024?
North America commanded the largest share in 2024, supported by its mature cybersecurity infrastructure, advanced technology adoption, and stringent compliance frameworks
About Author
Sushant Phapale
ICT & Automation Expert
Sushant is an expert in ICT, automation, and electronics with a passion for innovation and market trends.
Residential Smart Lock Market size was valued at USD 2.79 Billion in 2024 and is anticipated to reach USD 12.8 Billion by 2032, at a CAGR of 21% during the forecast period.
Robotic Software Market size was valued at USD 45.4 million in 2024 and is anticipated to reach USD 238.5 million by 2032, at a CAGR of 23.2% during the forecast period.
The Risk Analytics Market size was valued at USD 29.44 billion in 2024 and is anticipated to reach USD 60.85 billion by 2032, at a CAGR of 9.5% during the forecast period.
The remote dispensing systems market size was valued at USD 665.5 million in 2024 and is anticipated to reach USD 1,885.12 million by 2032, growing at a CAGR of 13.9% during the forecast period.
The Digital Camera Market size was valued at USD 6,300.00 million in 2018 to USD 7,180.21 million in 2024 and is anticipated to reach USD 10,441.80 million by 2032, at a CAGR of 4.85% during the forecast period.
The Global Big Data Analytics Market size was valued at USD 218,700.00 million in 2018 to USD 322,518.23 million in 2024 and is anticipated to reach USD 874,406.15 million by 2032, at a CAGR of 13.40% during the forecast period.
The Global Artificial Intelligence in Video Games Market size was valued at USD 1,050.00 million in 2018 to USD 2,371.49 million in 2024 and is anticipated to reach USD 15,241.70 million by 2032, at a CAGR of 26.29% during the forecast period.
The Deep Packet Inspection and Processing market was valued at USD 4.49 billion in 2024 and is projected to reach USD 10.19 billion by 2032, growing at a CAGR of 10.8% during the forecast period.
Employee Experience Management Market size was valued at USD 6.99 Billion in 2024 and is anticipated to reach USD 14.45 Billion by 2032, at a CAGR of 9.5% during the forecast period.
The drones for emergency responders market size was valued at USD 470.5 million in 2024 and is anticipated to reach USD 1,607.49 million by 2032, at a CAGR of 16.6% during the forecast period.
The Drone Photography Services Market size was valued at USD 2.79 billion in 2024 and is anticipated to reach USD 13.16 billion by 2032, at a CAGR of 21.41% during the forecast period.
The DataOps Platform Market size was valued at USD 2.49 billion in 2024 and is anticipated to reach USD 6.38 billion by 2032, at a CAGR of 12.5% during the forecast period.
Licence Option
The report comes as a view-only PDF document, optimized for individual clients. This version is recommended for personal digital use and does not allow printing. Use restricted to one purchaser only.
$4999
To meet the needs of modern corporate teams, our report comes in two formats: a printable PDF and a data-rich Excel sheet. This package is optimized for internal analysis. Unlimited users allowed within one corporate location (e.g., regional office).
$6999
The report will be delivered in printable PDF format along with the report’s data Excel sheet. This license offers 100 Free Analyst hours where the client can utilize Credence Research Inc. research team. Permitted for unlimited global use by all users within the purchasing corporation, such as all employees of a single company.
Thank you for the data! The numbers are exactly what we asked for and what we need to build our business case.
Materials Scientist (privacy requested)
The report was an excellent overview of the Industrial Burners market. This report does a great job of breaking everything down into manageable chunks.
