Global ERM Software
Market Report
2025
The enterprise risk management software (ERM) market was valued at USD 5.10 billion in 2022 and will reach USD 7.25 billion by 2030, registering a CAGR of 4.5% for the forecast period 2023-2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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The enterprise risk management software (ERM) market was valued at USD 5.10 billion in 2022 and will reach USD 7.25 billion by 2030, registering a CAGR of 4.5% for the forecast period 2023-2030.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global ERM Software Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 4.5% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of ERM Software industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
ERM Software Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Enterprise risk management software (ERM) is a tool that helps an organization identify risks in the information systems and mitigate the risk which are problems for the business. This software helps in identifying all types of risks and protects the business against losses. The enterprise risk management software consists of four components such as risk identification, risk analysis, risk response, and risk control. Furthermore, the integration of advanced technologies such as artificial intelligence (AI) and machine learning will enhance the efficiency and effectiveness of ERM software.
The growing adoption of cloud-based ERM software drives the market growth of enterprise risk management software.
Cloud-based ERM software is expected to have a rapid growth rate owing to its highly regulated safe, secure, and scalable technological solutions to manage all necessary data. The ERM software offers the most convenient and cost-effective solutions associated with cloud deployment. Additionally, this software can store enormous data which is easily accessible, efficient, and flexible to locate. Moreover, cloud-based software is agile and increases streamlined operations, and hence large organizations are highly investing in such innovative technologies for the overall development of the business. Furthermore, cloud-based ERM software can be easily integrated with our operating systems that allow easy and secure data sharing. Therefore, such technological advantages for growing businesses significantly drive the market growth of the enterprise risk management software (ERM) market.
An ERM software installation and running requires a large number of processes and resources to be connected to the system. Thus, this requires a high cost and increases the additional cost of implementation. Additionally, implementing this software company requires skillful consultation support, IT infrastructure (https://www.cognitivemarketresearch.com/it-infrastructure-services-market-report), and proper training. Moreover, the rising operational complexities and architectural issues tend to hinder the ERM software market. therefore, all such factors deprive many businesses of investing in this ERM software market.
The COVID-19 pandemic significantly impacted the enterprise risk management software (ERM) market. Owing to the forced lockdowns and temporary closure of institutions and organizations there was a shift from fieldwork to digital or online platform work. Globally, all industries relied on technology to maintain productivity and stay connected with each other for several operations and functions. Thereby, leading to an increase in the adoption of the enterprise risk management software (ERM) market. Moreover, organizations required flexible and cost-effective solutions which were easily integrated into the systems, indirectly propelling the market growth of cloud-based solutions during the pandemic. Therefore, all these factors boosted the market growth of the enterprise risk management software (ERM) market during the pandemic.
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The key market players in the enterprise risk management software (ERM) market are LogicManager, AGCO, SAS, MetricStream, Enablon, and Intelex. These market players focus on innovations and advancements in enterprise risk management software (ERM) market solutions to propel their market growth.
Oracle DataFox expanded the reach of its pool of AI-sourced and managed data, extending global coverage by almost 30 percent since being acquired by Oracle. With Oracle DataFox, organizations ensured clean, accurate, and enriched data powers AI and machine learning capabilities within business applications by taking advantage of a powerful AI data engine to constantly refresh data and identify irregularities.
Top Companies Market Share in ERM Software Industry: (In no particular order of Rank)
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North America is expected to dominate the enterprise risk management software (ERM) market as it consists of a large number of key market players. The North American region has a greater adoption level of innovative technologies such as AI, cloud-based solutions, and many more. Hence, this has helped to propel the market growth of enterprise risk management software (ERM) market systems. Additionally, the ERM software provides advanced analytics for making available real-time data and reporting capabilities, which are highly demanded by the organizations of this region. This has greatly helped to drive the market growth of ERM software solutions in North America.
The current report Scope analyzes ERM Software Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global ERM Software Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing ERM Software Industry growth. ERM Software market has been segmented with the help of its Type, Application , and others. ERM Software market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The cloud-based segment owing to its gaining popularity for scalable and cost-effective solutions gains the largest market share over the forecast period. Additionally, cloud-based ERM software bridges the gap between traditional information technology and businesses by increasing efficiency and offering services at lower costs. Moreover, cloud-based solutions offer easy operations and reduced implementation time in a cost-effective manner for organizations. Furthermore, developing technologies and resolving security issues with this software have majorly contributed to the market growth of cloud-based ERM software. All such benefits of these cloud-based services drive the market growth of ERM software.
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The need for risk management is highly required for large enterprises compared to other small & medium enterprises. Moreover, to meet the organization's needs, large enterprises require customized ERM software. This software offers them advanced features such as reporting tools, risk dashboards, and advanced analytics. Furthermore, the huge spending capacity of large enterprises on software solutions further propels its market growth. Therefore, all such advantages tend to drive the market growth of ERM software.
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Research associate at Cognitive Market Research
Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
Swasti an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
In her current role, Swasti manages research for service and software category, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations, Swasti remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global ERM Software Market is witnessing significant growth in the near future.
In 2023, the Cloud-based segment accounted for noticeable share of global ERM Software Market and is projected to experience significant growth in the near future.
The Small and Medium Enterprises (SMEs) segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies LogicManager, SAS and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Type | Cloud-based, On-premises |
Application | Small and Medium Enterprises (SMEs), Large Enterprises |
List of Competitors | LogicManager, AGCO, SAS, MetricStream, LogicManager, Enablon, Intelex |
This chapter will help you gain GLOBAL Market Analysis of ERM Software. Further deep in this chapter, you will be able to review Global ERM Software Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of ERM Software. Further deep in this chapter, you will be able to review North America ERM Software Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of ERM Software. Further deep in this chapter, you will be able to review Europe ERM Software Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of ERM Software. Further deep in this chapter, you will be able to review Asia Pacific ERM Software Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of ERM Software. Further deep in this chapter, you will be able to review South America ERM Software Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of ERM Software. Further deep in this chapter, you will be able to review Middle East ERM Software Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of ERM Software. Further deep in this chapter, you will be able to review Middle East ERM Software Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of ERM Software. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global ERM Software market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Cloud-based have a significant impact on ERM Software market? |
What are the key factors affecting the Cloud-based and On-premises of ERM Software Market? |
What is the CAGR/Growth Rate of Small and Medium Enterprises (SMEs) during the forecast period? |
By type, which segment accounted for largest share of the global ERM Software Market? |
Which region is expected to dominate the global ERM Software Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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