Risk Software Surges 15.32% Cagr

The risk management software market is poised to achieve impressive growth, with a projected USD 7,372.29 million upsurge between 2022 and 2027, presenting a robust Compound Annual Growth Rate (CAGR) of 15.32%. These insights are drawn from a recent comprehensive market study by Technavio. The market's upward trajectory is underpinned by factors such as the increasing occurrences of data breaches and security breaches within enterprises, the intensifying regulatory compliance requirements by governments, and the surging embrace of risk management strategies among financial institutions.

The report also delves into historical market and segment sizes spanning five years from 2017 to 2021, enriched with illustrative charts and data tables.

Read More - https://www.techdogs.com/tech-news/pr-newswire/risk-management-software-market-to-grow-at-a-cagr-of-1532-from-2022-to-2027an-increase-in-data-and-security-breaches-among-enterprises-to-boost-the-market-growth-technavio