BFSI Crisis Management Market Growth, Demand and Challenges of the Key Industry Players 2023-28

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Global BFSI Crisis Management Market Research and
Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global BFSI Crisis Management Market Research
Report The latest report by IMARC, titled BFSI
Crisis Management Market Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2023-2028 the global BFSI crisis management
market size reached US 13.3 Billion in 2022.
Banking, financial services and insurance
(BFSI) crisis management refers to the strategic
planning, preparedness, and response measures
implemented by organizations to effectively
handle and mitigate crisis situations. It aims to
mitigate risks, protect stakeholders, maintain
financial stability, and safeguard the reputation
of organizations in the face of crises. BFSI
crisis management relies on advanced
technologies, such as artificial intelligence
(AI), cloud computing, machine learning (ML), and
big data, to access and counter potential
emergencies in the banking industry. By
implementing robust crisis management practices,
BFSI institutions can navigate challenging
situations with greater resilience and minimize
the potential negative impacts on their
operations and the broader financial ecosystem.
In addition to this, it can help institutions
improve their financial services and protect
against fraud detection and cyber
security. Request Free Sample Report
https//www.imarcgroup.com/bfsi-crisis-management-
market/requestsample
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Report Description and Highlights
Report Description

Global BFSI Crisis Management Market Trends The
rise in frequency and complexity of numerous
financial crises across the BFSI sector, such as
economic recessions, market crashes, liquidity
crises, and cyberattacks, is primarily driving
the market growth. Besides this, the
implementation of numerous stringent regulatory
requirements and compliance obligations in the
industry is prompting organizations to adopt
robust crisis management strategies and systems
to meet these regulatory expectations, which, in
turn, is aiding in market expansion. Moreover,
widespread product utilization to identify,
assess, and mitigate risks, ensuring the
resilience and stability of the financial system,
is acting as another significant growth-inducing
factor. In addition to this, the escalating
threat of cyber-attacks and data breaches, and
the rising emphasis on brand reputation and
customer trust, are impelling product adoption to
enable timely response and recovery. In line
with this, the intensive need for business
continuity among BFSI organizations is
facilitating the adoption of robust crisis
management solutions capable of ensuring minimal
disruption and efficient recovery in emergency
situations, which is favoring the market growth.
Furthermore, the growing demand for innovative
solutions integrated with advanced technologies,
such as cloud computing, artificial intelligence
(AI), and machine learning (ML), to facilitate
real-time monitoring and analysis of data to
detect potential threats is positively impacting
the market growth. Looking forward, the market
value is projected to reach US 36.4 Billion by
2028, expanding at a CAGR of 18.2 during
2023-2028. Looking forward, the market value is
projected to reach a strong growth during the
forecast period (2023-2028).
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Report Description and Highlights
Report Description
Market Summary Breakup by Component S
oftware Services Breakup by Deployment
type On-premises Cloud-based
Breakup by Enterprises Size Large
Enterprises Small and Medium-sized Enter
prises Breakup by Application Disaster
Recovery and Business Continuity
Risk and Compliance Management
Crisis Communication Incident
Management and Response Others

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Report Description and Highlights
Report Description
Breakup by End User Banks Ins
urance Companies Others Breakup by Regi
on North America Unit
ed States Canada Asia-
Pacific China
Japan India So
uth Korea Australia
Indonesia Others
Europe Germany
France

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Report Description and Highlights
Report Description
United Kingdom
Italy Spain
Russia Others
Latin America Brazil
Mexico Others
Middle East and Africa

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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• 4C Group AB Beekeeper AG Everbridge Inc. Internati
  onal Business Machines Corporation
  Logicgate Inc. Metricstream Inc. NCC Group Noggin
  Pty Ltd Rockdove Solutions Inc. Sas Institute Inc.
  Software Aktiengesellschaft Veoci Inc.
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/bfsi-crisis-management-
  market

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
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