Research > Market Share: IT Risk Management, 2025, Worldwide
Market Share: IT Risk Management, 2025, Worldwide
03.06.2025
Domain:Security & Risk Management
Sub Domain:GRC & RiskTech
Price:$ 4,900
Research > Market Share: IT Risk Management, 2025, Worldwide
03.06.2025
Domain:Security & Risk Management
Sub Domain:GRC & RiskTech
Price:$ 4,900
Market Share: IT Risk Management, 2025, Worldwide
Report Description:
QKS Group Reveals that the IT Risk Management Market is Projected to Register a CAGR of 11.90% by 2030.
Organizations across the globe partner with various third parties such as vendors, suppliers, and contractors for outsourcing their products and critical services in order to minimize the overall operational costs, improve profitability, gain competitive advantage, attain faster time to the market, and boost the organization’s productivity. Moreover, with the rise of globalization and the internet, there has been a significant reliance on IT vendors to handle various critical organizational IT functions. Thus, a breach at any of these third parties poses the risk of network security vulnerabilities, Non-compliance with regulations, and equipment failure. Hence, for security purposes, an IT risk management (ITRM) platform is highly recommended to understand the risk exposure that the IT vendors or vendor networks pose to the overall organization.
Quadrant Knowledge Solutions defines “IT Risk Management involves the process of identifying, assessing, and mitigating risks that could affect an organization's information technology systems and infrastructure. This process is crucial to maintaining the integrity, confidentiality, and availability of IT systems and data. IT Risk Management ensures that the organization adheres to relevant regulatory requirements, industry standards, and internal policies. By implementing effective IT Risk Management practices, organizations can identify, evaluate, and address potential threats to their IT infrastructure, thus ensuring the security and reliability of their systems and data.”
Increase in a cyber threats and digital risks, IT risk management vendors are highly leveraging technologies like artificial intelligence, machine learning, and predictive analytics which can monitor the activities continuously. Global regulations and compliance requirements are increasingly becoming stringent, and regulators are employing increased scrutiny on risk monitoring, segregation of duties (SOD) management reporting, and continuous control monitoring (CCM). With the need to comply with the global and local regulations, ITRM vendors are ensuring that they offer improved compliance and enhanced reporting capabilities. Leading ITRM vendors are heavily investing and supporting cloud deployments solutions that allow them to shift resources and help them to focus on delivering greater value for their customers by catering to the needs of customers.
Key questions this study will answer:
Vendors covered in this Study:
IBM, ServiceNow, Diligent, MetricStream, NAVEX, Kroll (Resolver), SAI360, Logicgate, RiskOptics, SDG Corporation, OneTrust, Acuity Risk Management, LogicManager, AuditBoard, Archer Integrated Risk Management, SureCloud, Brinqa, Onspring and Allgress.
Table of Contents:
Chapter 01: Executive Summary
Chapter 02: Market Overview
Chapter 03: Market Share Analysis- Worldwide
Chapter 04: Market Share Analysis
Chapter 05: Company Profile
Chapter 06: Appendix
List of Figures
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