NEW YORK, Nov. 6, 2023 /PRNewswire/ — The “Treasury And Risk Management Software Market by Type (Treasury, Investment management, and Risk and compliance), Deployment (On-premises and Cloud based), and Geography (North America, Europe, APAC, South America, and Middle East and Africa) – Forecast and Analysis 2023-2027″ report has been added to technavio offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the treasury and risk management software market between 2022 and 2027 is USD 1.83 billion.
The benefits associated with treasury and risk management software are notably driving the market growth. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here
Other advantages of the treasury and risk management software such as integration, automation, visibility, and collaboration capabilities that help treasurers manage risk, maximize liquidity, and drive the growth of their organization will also drive the adoption, thereby positively influencing the market growth during the forecast period.
Market Challenge
The data security and cybersecurity concerns are due to the increased cyber threats by hackers for monetary benefits is a significant challenge hindering the market growth. The increasing relevance of organizations’ data has led to an upsurge in cyber threats by hackers for monetary benefits. Organizations’ financial data are confidential; therefore, data security has always been a major concern, especially in industries such as BFSI and healthcare. Further, organizations belonging to BFSI, healthcare, and other industries have initiated cloud-based software services as they are cost-effective and have easy accessibility.
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The treasury and risk management software market has been segmented by type (Treasury, Investment management, and Risk and compliance), deployment (On premises and Cloud based), and geography (North America, Europe, APAC, South America, and Middle East and Africa).
- The market share growth by the treasury segment will be significant during the forecast period. Due to the increasing acceptance of treasury software among end-users such as governments, banks, and enterprises, the treasury segment is flourishing. Further, treasury software delivers comprehensive and factual audit control while lowering operational costs. Also, it is expected that there will be substantial growth in demand for treasury software owing to the increasing adoption of treasury management systems to automate financial operations and the fast changes in business and government requirements during the forecast period.
- North America is estimated to account for 31% of the global market growth during the forecast period.
View the Sample Report for insights into the contribution of all the segments and regional opportunities in the report.
Key Companies in the treasury and risk management software market:
Adenza Group Inc., Bottomline Technologies Inc., CAPIX Treasury Software, Coupa Software Inc., DataLog Finance, Eurobase Systems Ltd., Fidelity National Information Services Inc., Financial Sciences Corp., Finastra, GTreasury, Infosys Ltd., ION., Kyriba Corp., Murex SAS, Oracle Corp., Salmon Software Ltd., SAP SE, Sphera Solutions Inc., Trinity Management Systems GmbH, and Wolters Kluwer NV
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Treasury And Risk Management Software Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.35% |
Market growth 2023-2027 |
USD 1.83 billion |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
5.38 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 31% |
Key countries |
US, Canada, Japan, UK, and Germany |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Type
Market Segmentation by Deployment
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio