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Operational Risk Management Solution Market

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3 years ago

Operational Risk Management Solution Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Deployment (On-Premise and Cloud) and Enterprise Size (SMEs and Large Enterprise)

The global operational risk management solution market size is expected to grow from US$ 1,656.4 million in 2021 to US$ 3,098.0 million by 2028; operational risk management solution market share is estimated to grow at a CAGR of 9.4% from 2021 to 2028.

 

After the COVID-19 pandemic, corporate players have introduced changes in their operations by enabling flexible work schedule...

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Operational Risk Management Solution Market

The global operational risk management solution market is projected to experience great growth in the coming years. Ongoing trends indicate strong integration of artificial intelligence (AI) in operational risk management, and there are also immense growth opportunities for key players in implementing hybrid working styles.

 

The main drivers of the operational risk management solutions market are the rising number of cyber-attack instances globally and the rapidly growing adoption of operational risk management solutions in fintech companies. 

 

However, the associated challenges and complexities of operational risk management are the main restraints to the growth of the operational risk management solution market during this forecast period.

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