Chicago, May 01, 2024 (GLOBE NEWSWIRE) -- The global Risk Analytics Market size is projected to grow from $59.7 billion in 2024 to $180.9 billion in 2029, at a CAGR of 24.8% during the forecast period 2024 to 2029, according to a new report by MarketsandMarkets™. Browse in-depth TOC on "Risk Analytics Market" 343 - Tables 64 - Figures 343 - Pages Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=210662258 In today's rapidly changing business environment, risk analytics plays a crucial role by providing invaluable insights into the complex and dynamic landscape of risk factors that businesses face. As markets become increasingly complex and interconnected, the need to identify, assess, and mitigate risks becomes paramount for sustainable growth and competitive advantage. Organizations worldwide are embracing risk analytics as it offers a systematic approach to analyzing historical data, predicting future scenarios, and quantifying risks across various domains such as finance, operations, and compliance. By identifying, quantifying, and prioritizing risks, organizations can make informed decisions to mitigate potential threats and capitalize on opportunities effectively. This process involves collecting and processing vast amounts of data from diverse sources, such as market trends, economic indicators, and historical performance, to generate actionable intelligence for risk management strategies. Risk intelligence is enabling businesses to identify, assess, and prioritize risks across various operational domains, including finance, supply chain, and regulatory compliance. Risk Analytics Market Dynamics: Drivers: Growing incidences data theft and security breaches Opportunities: Adoption of AI and blockchain technology in the market Restraints: Resistance to Change List of key players: IBM (US) SAS Institute (US) Oracle (US) FIS(US) Moody's Analytics (US) ProcessUnity (US) ServiceNow (US) Marsh (US) Aon (UK) MetricStream (US) Make an Enquiry @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=210662258 Based on the offering, the market is further categorized into software and services. The software segment has been further segmented by type ...