Technology
Risk Management Market to Reach $52.7 Billion by 2031 – Exclusive Report by Meticulous Research®
Published
2 years agoon
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REDDING, Calif., Jan. 22, 2025 /PRNewswire/ — According to a new market research report titled, ‘Risk Management Market Size, Share, Forecast, & Trends Analysis by Offering (Solutions, Services), Deployment Mode (Cloud-based, On-premises), Organization Size (Large, Small & Medium-sized), Application, End-use Industry, Geography – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast to 2031.
The risk management market is expected to reach $52.7 billion by 2031, at a CAGR of 14.3% from 2024 to 2031.
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Risk management is the process of identifying, assessing, and mitigating potential threats or uncertainties that could impact an organization’s objectives. It involves analyzing risks, prioritizing them based on their likelihood and potential impact, and implementing strategies to minimize, monitor, or transfer these risks.
The growth of this market is driven by increasing cybersecurity concerns and data breaches, as well as the rising adoption of risk management solutions among financial institutions. However, the high cost of risk management solutions restrain the market’s growth.
Additionally, the digital transformation of businesses and the growing demand for real-time risk assessment and monitoring present significant growth opportunities for market players. However, the shortage of skilled professionals and increasing concerns about data privacy and protection are some of the challenges affecting market growth.
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Furthermore, the integration of AI and machine learning (ML) in risk management software, along with the rising demand for customized risk management solutions tailored to specific industries, are key trends in this market.
Key Players:
Some of the major players studied in this report are International Business Machines Corporation (U.S.), Microsoft Corporation (U.S.), SAP SE (Germany), Oracle Corporation (U.S.), Verisk Analytics, Inc. (U.S.), SAS Institute Inc. (U.S.), Moody’s Analytics, Inc. (A Part of Moody’s Corporation) (U.S.), AxiomSL, Inc. (U.S.), LexisNexis Risk Solutions (A Part of RELX Group plc) (U.S.), Provenir Inc. (U.S.), Fidelity National Information Services Inc (U.S.), RSA Security LLC (U.S.), Qualys, Inc. (U.S.), Thomson Reuters Corporation (Canada), LogicManager, Inc. (U.S.).
The global Risk Management market is segmented by offering (solutions (extract, transform & load (ETL) tools, governance, risk, and compliance software, risk calculation engine, scorecard and visualization tools, risk monitoring and strategic planning, and other solutions), services (professional services, managed services), deployment mode (cloud-based, on-premises), organization size (large enterprises, small & medium-sized enterprises), application (financial risk management, compliance risk management, cybersecurity risk management, enterprise risk management, operational risk management, other applications), and end-use industry (BFSI, IT & telecommunications, healthcare, retail & e-commerce, government & defense, energy & utilities, aerospace, manufacturing, transport & logistics, other end-use industries). This study also evaluates industry competitors and analyzes the regional and country-level markets.
Key Findings in the Risk Management Market Study:
Among the offerings studied in this report, the services segment is expected to register the highest CAGR during the forecast period. Managed risk management services involve outsourcing tasks such as continuous risk monitoring, threat detection, compliance management, and strategic risk planning to specialized providers. This segment’s growth is driven by several factors, including the growing adoption of outsourcing to reduce operational costs, rising demand for 24/7 monitoring and expertise, limited in-house risk management capabilities, and the need for scalability and flexibility in managing diverse risks.
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Key Findings in the Risk Management Market
By Offering: In 2024, the Solutions Segment is Expected to Dominate the Risk Management MarketBy Deployment Mode: In 2024, the Cloud-based Segment is Expected to Dominate the Risk Management MarketBy Organization Size: In 2024, the Large Enterprises Segment is Expected to Dominate the Risk Management MarketBy Application: In 2024, the Financial Risk Management Segment is Expected to Dominate the Global Risk Management MarketBy End-use Industry: In 2024, the BFSI Segment is Expected to Dominate the Risk Management MarketBy Geography: North America to Dominate Risk Management in 2024
Risk Management Industry Overview: Latest Developments from Key Industry Players
In June 2024, USI Insurance Services (U.S.) launched PATH, a proprietary technology-enabled risk control platform. The new platform leverages industry-specific benchmark data to generate tailored risk control solutions. With PATH, businesses can access a leading-edge technology platform designed to address gaps in their risk management programs through a guided, analytics-driven experience that pairs risk management solutions with individual loss drivers to enable a streamlined, cost-effective decision-making process.In October 2023, IBM Corporation (U.S.) launched the next evolution of its managed detection and response service offerings with new AI technologies, including the ability to automatically escalate, helping to accelerate security response timelines for clients. The new threat detection and response services (TDR) provide 24×7 monitoring, investigation, and automated remediation of security alerts from all relevant technologies across the client’s hybrid cloud environments.In June 2022, SAS Institute Inc. (U.S.), a global leader in AI and analytics, acquired Kamakura Corporation (U.S.), a global financial software company that specializes in software and data for risk management in banking, insurance, and investment businesses.
Among the deployment modes studied in this report, the cloud-based segment is expected to register the highest CAGR during the forecast period. Cloud-based risk management solutions offer scalability, cost-effectiveness, and flexibility, making them ideal for businesses of all sizes. This segment’s growth is fueled by factors such as the increasing adoption of cloud technologies, demand for remote accessibility, cost efficiency compared to on-premises solutions, growth of SaaS platforms, and improved data security features provided by cloud providers.
Among the organization sizes studied in this report, the small & medium-sized enterprises (SMEs) segment is expected to register the highest CAGR during the forecast period. This segment’s growth is driven by factors including greater awareness of the importance of risk management, the affordability of cloud-based solutions, rising cybersecurity threats, government initiatives promoting SME digitization, and competitive pressures to enhance business resilience.
Among the applications studied in this report, the cybersecurity risk management segment is expected to register the highest CAGR during the forecast period. This segment’s growth is driven by factors such as the rising frequency of cyberattacks, increased adoption of IoT and connected devices, stringent data protection regulations, the growth of remote work environments, and the ongoing digitalization across industries.
Among the end-use industries studied in this report, the BFSI (banking, financial services, and insurance) segment is expected to register the highest CAGR during the forecast period. This segment’s growth is driven by increasing regulatory mandates, rising cases of financial fraud, growing use of advanced analytics in risk assessment, expansion of digital banking, and a strong focus on maintaining customer trust and data security.
Among the regions studied in this report, Asia-Pacific is poised to record the highest CAGR during the forecast period. The growth of this regional market is driven by rising awareness of risk management practices across industries, the increasing adoption of risk management solutions in response to the rising sophistication of cyberattacks, and the rapid digitalization of businesses in the region. These trends are driving the need for advanced risk management strategies to address evolving threats and ensure operational continuity.
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Scope of the Report:
Risk Management Market Assessment—by Offering
SolutionsExtract, Transform & Load (ETL) ToolsGovernance, Risk, and Compliance SoftwareRisk Calculation EngineScorecard and Visualization ToolsRisk Monitoring and Strategic PlanningOther SolutionsServicesProfessional ServicesManaged Services
Risk Management Market Assessment—by Deployment Mode
Cloud-basedOn-premises
Risk Management Market Assessment—by Organization Size
Large EnterprisesSmall & Medium-sized Enterprises
Risk Management Market Assessment—by Application
Financial Risk ManagementCompliance Risk ManagementCybersecurity Risk ManagementEnterprise Risk ManagementOperational Risk ManagementOther Applications
Risk Management Market Assessment—by End-use Industry
BFSIIT & TelecommunicationsHealthcareRetail & E-commerceGovernment & DefenseEnergy & UtilitiesAerospaceManufacturingTransport & LogisticsOther End-use Industries
Risk Management Market Assessment—by Geography
North AmericaU.S.CanadaEuropeGermanyU.K.FranceItalySpainNetherlandsSwedenSwitzerlandRest of EuropeAsia-PacificChinaJapanIndiaSouth KoreaSwitzerlandIndonesiaSingaporeRest of Asia-Pacific (RoAPAC)Latin AmericaMexicoBrazilRest of Latin America (RoLATAM)Middle East & AfricaIsraelUAESaudi ArabiaRest of Middle East & Africa (RoMEA)
Related Reports:
Cybersecurity Market by Offering (Solutions, Services), Security Type (Network Security, Cloud Security, Endpoint Security), Organization Size, Deployment Mode, Sector (BFSI, Retail & E-commerce, Healthcare) and Geography – Global Forecast to 2031 – https://www.meticulousresearch.com/product/cybersecurity-market-5069
Cybersecurity-as-a-Service Market by Application (Network Security, Cloud Security, Endpoint Security, Application Security), Organization Size, Sector (BFSI, IT & Telecommunications, Retail, Healthcare), and Geography – Global Forecast to 2030 – https://www.meticulousresearch.com/product/cybersecurity-as-a-service-market-5506
Enterprise Governance, Risk and Compliance Market by Component (Solutions, Services), Organization Size, Deployment Mode, Business Function (Legal & Compliance, Operation Management), Sector (Healthcare) and Geography – Global Forecast to 2030 – https://www.meticulousresearch.com/product/enterprise-governance-risk-and-compliance-market-5702
Patient Safety And Risk Management Software Market – Global Opportunity Analysis And Industry Forecast (2017-2022) – https://www.meticulousresearch.com/product/patient-safety-and-risk-management-software-market-global-forecast-to-2022-2375
Risk Management Market Research Summary
Particulars
Details
Number of Pages
300
Format
Forecast Period
2024–2031
Base Year
2023
CAGR (Value)
14.3 %
Market Size (Value)
USD 52.7 Billion by 2031
Segments Covered
By Offering
SolutionsExtract, Transform & Load (ETL) ToolsGovernance, Risk, and Compliance SoftwareRisk Calculation EngineScorecard and Visualization ToolsRisk Monitoring and Strategic PlanningOther SolutionsServicesProfessional ServicesManaged Services
By Deployment Mode
Cloud-basedOn-premises
By Organization Size
Large EnterprisesSmall & Medium-sized Enterprises
By Application
Financial Risk ManagementCompliance Risk ManagementCybersecurity Risk ManagementEnterprise Risk ManagementOperational Risk ManagementOther Applications
By End-use Industry
BFSIIT & TelecommunicationsHealthcareRetail & E-commerceGovernment & Defense Energy & UtilitiesAerospaceManufacturingTransport & LogisticsOther End-use Industries
Countries Covered
North America (U.S. and Canada), Europe (Germany, U.K., France, Italy, Spain, Netherlands, Sweden, Switzerland, and Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, Australia & New Zealand, Indonesia, Singapore, and Rest of Asia-Pacific), Latin America (Mexico, Brazil, and Rest of Latin America), and Middle East & Africa (UAE, Saudi Arabia, Israel, and Rest of Middle East & Africa)
Key Companies
IBM Corporation (U.S.), Microsoft Corporation (U.S.), SAP SE (Germany), Oracle Corporation (U.S.), Verisk Analytics (U.S.), SAS Institute Inc (U.S.), Moody’s Analytics, Inc. (U.S.), AxiomSL, Inc. (U.S.), LexisNexis Risk Solutions (U.S.), Provenir (U.S.), Fidelity National Information Services Inc (U.S.), RSA Security LLC (U.S.), Qualys, Inc. (U.S.), Thomson Reuters (Canada), LogicManager, Inc. (U.S.)
About Meticulous Research Pvt. Ltd.
We are a trusted research partner for leading businesses worldwide, empowering Fortune 500 organizations and emerging enterprises with market intelligence designed to drive revenue transformation and strategic growth. Our insights reveal future growth opportunities, equipping clients with a competitive edge through a versatile suite of research solutions—including syndicated reports, custom research, and direct analyst engagement. Each year, we conduct over 300 syndicated studies and manage 60+ consulting engagements across eight major sectors and 20+ geographic markets, all to deliver targeted business insights that help our clients lead in a rapidly evolving global market.
With a strong focus on problem-solving for complex business challenges, our research enables organizations to navigate change with assertion, aligning it with strategic pathways for sustainable growth. By identifying innovative and effective solutions, we empower leaders to make impactful decisions that drive operational excellence and fuel innovation. We are committed to crafting insights that enhance business performance and help our clients unlock new revenue opportunities, positioning them for long-term success in the competitive global marketplace.
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Technology
Galaxy Digital Inc. Announces Pricing of $3.507 Billion of Senior Secured Notes
Published
7 minutes agoon
July 24, 2026By
NEW YORK, July 23, 2026 /PRNewswire/ — Galaxy Digital Inc. (NASDAQ: GLXY) (“Galaxy” or the “Company”), a global leader in digital assets and data center infrastructure, today announced that its indirect wholly owned subsidiary, Galaxy Helios Data Centers II LLC (the “Issuer”), has priced a $3.507 billion private offering (the “Offering”) of 9.875% senior secured notes due 2031 (the “Notes”). The Offering is expected to close on July 28, 2026, subject to market and other conditions.
The Issuer intends to use the net proceeds from the Offering to finance a portion of the development and construction of two buildings containing eight data halls with a combined total of 400 megawatts (“MW”) of utility capacity and 260 MW of critical IT capacity (the “Project”) to be built on an approximately 260-acre property in Dickens County, Texas and to fund debt service reserves.
The Notes will bear interest at a rate of 9.875% per annum payable semi-annually in cash in arrears on February 1 and August 1 of each year, beginning on February 1, 2027 and will mature on August 1, 2031. The Notes will amortize at a rate of 4.00% per annum of the original principal amount subject to adjustment, with amortization payments payable semi-annually with the first payment date to occur at least ten months after the completion of the Project.
The Notes will be fully and unconditionally guaranteed by Galaxy Helios II LLC, a wholly owned direct subsidiary of the Issuer (the “Guarantor”), and will constitute the senior secured obligations of the Issuer and the Guarantor. The Notes and related note guarantee will be secured by first-priority liens on (i) substantially all assets of the Issuer and the Guarantor, other than certain excluded property and (ii) all equity interests of the Issuer held by the direct parent company of the Issuer.
The Offering is subject to market and other conditions, and there can be no assurance as to whether, when or on what terms the Offering may be completed.
The Notes have not been registered under the Securities Act or the securities laws of any other jurisdiction, and the Notes may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act and any applicable state securities laws. The Notes will be offered only to persons reasonably believed to be qualified institutional buyers under Rule 144A under the Securities Act and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act.
This press release shall not constitute an offer to sell, or a solicitation of an offer to buy the Notes, nor shall there be any sale of the Notes in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Galaxy
Galaxy Digital Inc. (Nasdaq: GLXY) is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. Our digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. In addition, we develop and operate cutting-edge data center infrastructure to power AI and HPC workloads. Our 1.63 GW Helios campus in Texas positions Galaxy among the largest and fastest-growing data center developers in North America. The Company is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia.
Forward Looking Statements
This press release includes forward-looking statements, including statements relating to the completion, size and timing of the Offering, the terms of the Notes and the intended use of proceeds. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Forward-looking statements represent the Company’s current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. Among those risks and uncertainties are market conditions, including market interest rates, the satisfaction of the closing conditions related to the Offering and risks relating to the Company’s business, including those described in periodic reports that the Company files from time to time with the SEC. The Issuer may not consummate the proposed Offering described in this press release and, if the proposed Offering is consummated, cannot provide any assurances regarding the final terms of the Offering or the Notes or its ability to effectively apply the net proceeds as described above. The forward-looking statements included in this press release speak only as of the date of this press release, and the Company does not undertake to update the statements included in this press release for subsequent developments, whether as a result of new information, future events, or otherwise, except as may be required by law.
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SOURCE Galaxy Digital Inc.
Technology
The Finish Line that Changed China: Retracing the Long March to Yan’an
Published
7 minutes agoon
July 24, 2026By
BEIJING, July 23, 2026 /PRNewswire/ — A news report from China.org.cn on the Long March, and what it means for China today:
Every journey has a destination.
But some destinations become the beginning of something even greater.
This is Yan’an.
Over 90 years ago, an army of soldiers embarked from Yudu, Jiangxi Province, on a journey that would go down in history.
They crossed snow-capped mountains, vast grasslands and raging rivers, eventually arriving in northern Shaanxi.
Across this grueling 12,500-kilometer journey, they wrote a magnificent epic in human history with willpower and courage.
Here, their Long March came to a victorious end. But a new chapter of history was only beginning.
In Yan’an, the Red Army found time to recover and rebuild, and the Central Committee of the Communist Party of China regrouped, gathering strength for the next chapter.
Here, new ideas were debated, new strategies were shaped, and a vision for China’s future gradually took form.
Today, while preserving its revolutionary legacy, Yan’an has grown into a vibrant, modern city — with a greener environment, thriving industries and happier lives for its people.
Nearly 90 years ago, American journalist Edgar Snow came to northern Shaanxi, seeking to uncover a story that few outside China knew. He later chronicled it in his book “Red Star Over China,” which carried the story of the Long March to the world.
Today, people from around the world are once again retracing those steps.
As part of China International Communications Group (CICG)’s “Together on the Long March” international communication project, participants have spent more than a month retracing the route across six key regions.
From Jiangxi to Shaanxi, they followed the Red Army’s journey and witnessed the remarkable changes that have taken place along the way.
I asked them one simple question: What does this journey mean to you?
Zhavier Harris, marketing and communications manager at the Springfield Urban League, said conversations with local residents and descendants of the Red Army made history feel far more immediate than he had expected.
He said history isn’t as distant as we often think. “We’re only one or two generations from these great sacrifices that led to the development and the greatness that we see from the Communist Party of China and China as a whole.”
David Ferguson, honorary chief English editor at Foreign Languages Press under CICG and a recipient of the 2021 Chinese Government Friendship Award, said the journey deepened his understanding of the Long March.
He said the journey helped him understand not only the historical facts, but also what the Red Army endured. “If you see the Long March merely as a military campaign, it ended in Yan’an. But as a spirit, it has never truly come to an end.”
We came to retrace history. We leave with something more: a deeper understanding of China’s past, a clearer view of its present, and perhaps a greater appreciation for the stories that connect us across cultures.
Edgar Snow called the Long March “an Odyssey unequalled in modern times.” He believed that what sustained it was a flame — consisting of an undimmed ardor, an undying hope and an amazing revolutionary optimism.
Ninety years later, that flame still burns.
Passed down through generations, the spirit of the Long March continues to light China’s path forward.
And as it crosses borders and cultures, it offers the world a glimpse of a nation defined by resilience, perseverance and an enduring drive to move forward.
China Mosaic
http://www.china.org.cn/video/node_7230027.htm
The Finish Line that Changed China: Retracing the Long March to Yan’an
http://www.china.org.cn/video/2026-07/23/content_118614941.shtml
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SOURCE China.org.cn
Technology
Visa and Lianlian Advance Trusted B2B Agentic Commerce Through LoopXPay’s First Live B2B Agentic Transaction
Published
7 minutes agoon
July 24, 2026By
First live B2B agentic transaction in Greater China highlights how AI-enabled commerce can help SMBs streamline purchasing and payments, supported by Visa’s Agentic Directory for trusted AI agent interactions
SINGAPORE, July 24, 2026 /PRNewswire/ — Visa (NYSE: V), a global leader in digital payments, and Lianlian DigiTech Co., Ltd. (“Lianlian”), an AI-native global financial infrastructure provider, today announced the first live B2B agentic transaction completed using LoopXPay, Lianlian’s AI agent.
Small and medium sized businesses (SMBs) often lack dedicated procurement teams and spend valuable time sourcing, purchasing and making payments themselves. In the transaction, the LoopXPay agent was used to source a product sample from a supplier and complete the purchase in a single workflow. The agent identified the purchasing requirement, recommended suitable suppliers, compared options, placed the order and securely executed the payment within a single workflow, while operating within pre-defined spending controls and approval parameters.
The milestone highlights how AI-powered commerce experiences can help SMBs simplify purchasing and payment activities while maintaining appropriate controls and oversight. By enabling AI agents to operate within pre-defined spending parameters and approval controls, businesses can reduce manual effort while retaining visibility into commercial decision-making.
As AI agents become more involved in purchasing and payment activities, businesses will require confidence that transactions are being executed by verified participants, within approved parameters and with appropriate oversight. Capabilities aligned with Visa’s Trusted Agent Protocol can help provide the identity, transparency and controls needed to support these interactions.
As part of the collaboration, LoopXPay has been registered in Visa’s Agentic Directory, enabling participating businesses and merchants to identify verified AI agents within the ecosystem. Supporting the implementation of Visa’s Trusted Agent Protocol, the Agentic Directory helps provide greater transparency into agent-driven interactions and confidence that participating agents have met Visa’s requirements.
“AI-powered commerce experiences can help businesses simplify purchasing and payments while maintaining the controls and oversight they require,” said Darren Parslow, Global Head, Visa Commercial Solutions, Visa. “For SMBs, that means less complexity in managing day-to-day commercial activities and more time focused on growth. As businesses increasingly look to embed intelligence into purchasing and payment experiences, trust will become a critical enabler of adoption. Through our collaboration with Lianlian, we are helping advance the trusted foundations that businesses will need to participate in this next era of commerce with confidence.”
Building on this milestone, Visa and Lianlian are exploring how AI agents can support a broader range of commercial activities, including procurement, digital advertising optimisation and B2B platform payments, helping advance trusted commerce through greater efficiency, transparency and control.
Zhang Zhengyu, Founder, Chairman of the Board and CEO, Lianlian DigiTech, said, “AI is reshaping the entire commercial value chain, where a growing number of business activities will be autonomously executed by AI agents, with payments serving as the critical infrastructure connecting them to global commerce. Leveraging its experience in global cross-border payments, compliance, as well as payment network, LianLian is actively building AI-native financial infrastructure, delivering an integrated suite of capabilities for the Agent Economy, spanning identity verification, transaction authorisation, intelligent payment, and global fund settlement. Through this collaboration with Visa, we aim to combine Lianlian’s AI-native capabilities with Visa’s trusted global network and commercial payment expertise to help businesses transact more securely, intelligently and efficiently in an increasingly agent-driven commerce environment.”
About Visa
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, sellers, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.
About Lianlian
Lianlian DigiTech Co., Ltd. (“Lianlian DigiTech” or “Lianlian”) was founded in 2009 and listed on the Main Board of the Hong Kong Stock Exchange in 2024 (stock code: 2598.HK). As China’s leading global provider of digital and intelligent payment services, Lianlian adheres to its mission of “Connecting the world, empowering global commerce” and pursues an “AI-Native + Globalization” strategy. The Company is committed to building a trusted global intelligent financial infrastructure, enabling seamless connectivity between Chinese enterprises and global businesses. As of now, Lianlian has established a global licensing portfolio comprising 68 payment licenses and related qualifications, and holds a VATP license issued by the Hong Kong SFC. It supports services in more than 200 countries and regions and enables transaction settlement in over 140 currencies, connecting over 180 global e-commerce platforms and serving a cumulative total of over 13.3 million customers. Learn more at www.lianlian.com.
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SOURCE Visa Worldwide Pte. Limited
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