The Latin America, Middle East and Africa BFSI Crisis Management Market would witness market growth of 23.6% CAGR during the forecast period (2022-2028).
A plan for managing a financial crisis will typically cover a variety of possible outcomes. They will design a plan for communicating during a possible or present financial crisis after engaging with the leadership team and obtaining facts beforehand. Included in this will be a communication plan outlining how the general public should be addressed as well as the data that will need to be released. In addition to this, various organizations are organizing a crisis management team that will be trained to respond appropriately to any future incidents.
When it comes to the management of a financial crisis, the ability of the leadership of a firm to concentrate on the bottom line is of the utmost importance. Users will have an experienced communications team on their side if they hire a crisis management team to assist them in handling the situation. Businesses may prevent a financial crisis from becoming worse by handling it in a proactive manner, which will also give them more time to concentrate on turning around the company.
The UAE has been swiftly and closely following BFSI digitalization trends. The United Arab Emirates and the Middle East region in general are expanding and prospering marketplaces when it comes to cutting-edge banking trends and technologies. The Middle East region has a lot of untapped potentials and is well-positioned to become the next major hub for advancements in digital banking.
Nations in the Middle East are increasingly realizing how urgently needed it is for digital services to meet their needs. They are relaxing the existing laws and regulations to keep up with the changing market trends. To reflect the new norm of cashless transactions, regulations must be changed.
The Brazil market dominated the LAMEA BFSI Crisis Management Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $632.3 million by 2028. The Argentina market is experiencing a CAGR of 24.3% during (2022 - 2028). Additionally, The UAE market would exhibit a CAGR of 23.3% during (2022 - 2028).
Based on Component, the market is segmented into Software and Services. Based on Enterprise Size, the market is segmented into Large Enterprises and SMEs. Based on Application, the market is segmented into Risk & Compliance Management, Incident Management & Response, Disaster Recovery & Business Continuity, Crisis Communication, and Others. Based on Deployment, the market is segmented into Cloud Based and On-Premise. Based on End-user, the market is segmented into Banks, Financial Service Providers, and Insurance companies. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global BFSI Crisis Management Market is Predict to reach $28.1 Billion by 2028, at a CAGR of 17.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NCC Group plc, ViacomCBS Inc. (Noggin), LogicGate, Inc., MetricStream, Inc., 4C Strategies, IBM Corporation, Cura Global GRC Solutions Pte Ltd, Cleverbridge GmbH, Deloitte Touche Tohmatsu Limited, and SAS Institute Inc.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Enterprise Size
By Application
- Risk & Compliance Management
- Incident Management & Response
- Disaster Recovery & Business Continuity
- Crisis Communication
- Others
By Deployment
By End User
- Banks
- Financial Service Providers
- Insurance companies
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- NCC Group plc
- ViacomCBS Inc. (Noggin)
- LogicGate, Inc.
- MetricStream, Inc.
- 4C Strategies
- IBM Corporation
- Cura Global GRC Solutions Pte Ltd
- Cleverbridge GmbH
- Deloitte Touche Tohmatsu Limited
- SAS Institute Inc.
TABLE 1 LAMEA BFSI Crisis Management Market, 2018 - 2021, USD Million
TABLE 2 LAMEA BFSI Crisis Management Market, 2022 - 2028, USD Million
TABLE 3 LAMEA BFSI Crisis Management Market by Component, 2018 - 2021, USD Million
TABLE 4 LAMEA BFSI Crisis Management Market by Component, 2022 - 2028, USD Million
TABLE 5 LAMEA Software Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Software Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Services Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Services Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA BFSI Crisis Management Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 10 LAMEA BFSI Crisis Management Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 11 LAMEA Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA SMEs Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA SMEs Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA BFSI Crisis Management Market by Application, 2018 - 2021, USD Million
TABLE 16 LAMEA BFSI Crisis Management Market by Application, 2022 - 2028, USD Million
TABLE 17 LAMEA Risk & Compliance Management Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Risk & Compliance Management Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Incident Management & Response Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Incident Management & Response Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Disaster Recovery & Business Continuity Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Disaster Recovery & Business Continuity Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Crisis Communication Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Crisis Communication Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA BFSI Crisis Management Market by Deployment, 2018 - 2021, USD Million
TABLE 28 LAMEA BFSI Crisis Management Market by Deployment, 2022 - 2028, USD Million
TABLE 29 LAMEA Cloud Based Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Cloud Based Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA On-Premise Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA On-Premise Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA BFSI Crisis Management Market by End-user, 2018 - 2021, USD Million
TABLE 34 LAMEA BFSI Crisis Management Market by End-user, 2022 - 2028, USD Million
TABLE 35 LAMEA Banks Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Banks Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Financial Service Providers Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Financial Service Providers Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA Insurance companies Market by Country, 2018 - 2021, USD Million
TABLE 40 LAMEA Insurance companies Market by Country, 2022 - 2028, USD Million
TABLE 41 LAMEA BFSI Crisis Management Market by Country, 2018 - 2021, USD Million
TABLE 42 LAMEA BFSI Crisis Management Market by Country, 2022 - 2028, USD Million
TABLE 43 Brazil BFSI Crisis Management Market, 2018 - 2021, USD Million
TABLE 44 Brazil BFSI Crisis Management Market, 2022 - 2028, USD Million
TABLE 45 Brazil BFSI Crisis Management Market by Component, 2018 - 2021, USD Million
TABLE 46 Brazil BFSI Crisis Management Market by Component, 2022 - 2028, USD Million
TABLE 47 Brazil BFSI Crisis Management Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 48 Brazil BFSI Crisis Management Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 49 Brazil BFSI Crisis Management Market by Application, 2018 - 2021, USD Million
TABLE 50 Brazil BFSI Crisis Management Market by Application, 2022 - 2028, USD Million
TABLE 51 Brazil BFSI Crisis Management Market by Deployment, 2018 - 2021, USD Million
TABLE 52 Brazil BFSI Crisis Management Market by Deployment, 2022 - 2028, USD Million
TABLE 53 Brazil BFSI Crisis Management Market by End-user, 2018 - 2021, USD Million
TABLE 54 Brazil BFSI Crisis Management Market by End-user, 2022 - 2028, USD Million
TABLE 55 Argentina BFSI Crisis Management Market, 2018 - 2021, USD Million
TABLE 56 Argentina BFSI Crisis Management Market, 2022 - 2028, USD Million
TABLE 57 Argentina BFSI Crisis Management Market by Component, 2018 - 2021, USD Million
TABLE 58 Argentina BFSI Crisis Management Market by Component, 2022 - 2028, USD Million
TABLE 59 Argentina BFSI Crisis Management Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 60 Argentina BFSI Crisis Management Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 61 Argentina BFSI Crisis Management Market by Application, 2018 - 2021, USD Million
TABLE 62 Argentina BFSI Crisis Management Market by Application, 2022 - 2028, USD Million
TABLE 63 Argentina BFSI Crisis Management Market by Deployment, 2018 - 2021, USD Million
TABLE 64 Argentina BFSI Crisis Management Market by Deployment, 2022 - 2028, USD Million
TABLE 65 Argentina BFSI Crisis Management Market by End-user, 2018 - 2021, USD Million
TABLE 66 Argentina BFSI Crisis Management Market by End-user, 2022 - 2028, USD Million
TABLE 67 UAE BFSI Crisis Management Market, 2018 - 2021, USD Million
TABLE 68 UAE BFSI Crisis Management Market, 2022 - 2028, USD Million
TABLE 69 UAE BFSI Crisis Management Market by Component, 2018 - 2021, USD Million
TABLE 70 UAE BFSI Crisis Management Market by Component, 2022 - 2028, USD Million
TABLE 71 UAE BFSI Crisis Management Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 72 UAE BFSI Crisis Management Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 73 UAE BFSI Crisis Management Market by Application, 2018 - 2021, USD Million
TABLE 74 UAE BFSI Crisis Management Market by Application, 2022 - 2028, USD Million
TABLE 75 UAE BFSI Crisis Management Market by Deployment, 2018 - 2021, USD Million
TABLE 76 UAE BFSI Crisis Management Market by Deployment, 2022 - 2028, USD Million
TABLE 77 UAE BFSI Crisis Management Market by End-user, 2018 - 2021, USD Million
TABLE 78 UAE BFSI Crisis Management Market by End-user, 2022 - 2028, USD Million
TABLE 79 Saudi Arabia BFSI Crisis Management Market, 2018 - 2021, USD Million
TABLE 80 Saudi Arabia BFSI Crisis Management Market, 2022 - 2028, USD Million
TABLE 81 Saudi Arabia BFSI Crisis Management Market by Component, 2018 - 2021, USD Million
TABLE 82 Saudi Arabia BFSI Crisis Management Market by Component, 2022 - 2028, USD Million
TABLE 83 Saudi Arabia BFSI Crisis Management Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 84 Saudi Arabia BFSI Crisis Management Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 85 Saudi Arabia BFSI Crisis Management Market by Application, 2018 - 2021, USD Million
TABLE 86 Saudi Arabia BFSI Crisis Management Market by Application, 2022 - 2028, USD Million
TABLE 87 Saudi Arabia BFSI Crisis Management Market by Deployment, 2018 - 2021, USD Million
TABLE 88 Saudi Arabia BFSI Crisis Management Market by Deployment, 2022 - 2028, USD Million
TABLE 89 Saudi Arabia BFSI Crisis Management Market by End-user, 2018 - 2021, USD Million
TABLE 90 Saudi Arabia BFSI Crisis Management Market by End-user, 2022 - 2028, USD Million
TABLE 91 South Africa BFSI Crisis Management Market, 2018 - 2021, USD Million
TABLE 92 South Africa BFSI Crisis Management Market, 2022 - 2028, USD Million
TABLE 93 South Africa BFSI Crisis Management Market by Component, 2018 - 2021, USD Million
TABLE 94 South Africa BFSI Crisis Management Market by Component, 2022 - 2028, USD Million
TABLE 95 South Africa BFSI Crisis Management Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 96 South Africa BFSI Crisis Management Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 97 South Africa BFSI Crisis Management Market by Application, 2018 - 2021, USD Million
TABLE 98 South Africa BFSI Crisis Management Market by Application, 2022 - 2028, USD Million
TABLE 99 South Africa BFSI Crisis Management Market by Deployment, 2018 - 2021, USD Million
TABLE 100 South Africa BFSI Crisis Management Market by Deployment, 2022 - 2028, USD Million
TABLE 101 South Africa BFSI Crisis Management Market by End-user, 2018 - 2021, USD Million
TABLE 102 South Africa BFSI Crisis Management Market by End-user, 2022 - 2028, USD Million
TABLE 103 Nigeria BFSI Crisis Management Market, 2018 - 2021, USD Million
TABLE 104 Nigeria BFSI Crisis Management Market, 2022 - 2028, USD Million
TABLE 105 Nigeria BFSI Crisis Management Market by Component, 2018 - 2021, USD Million
TABLE 106 Nigeria BFSI Crisis Management Market by Component, 2022 - 2028, USD Million
TABLE 107 Nigeria BFSI Crisis Management Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 108 Nigeria BFSI Crisis Management Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 109 Nigeria BFSI Crisis Management Market by Application, 2018 - 2021, USD Million
TABLE 110 Nigeria BFSI Crisis Management Market by Application, 2022 - 2028, USD Million
TABLE 111 Nigeria BFSI Crisis Management Market by Deployment, 2018 - 2021, USD Million
TABLE 112 Nigeria BFSI Crisis Management Market by Deployment, 2022 - 2028, USD Million
TABLE 113 Nigeria BFSI Crisis Management Market by End-user, 2018 - 2021, USD Million
TABLE 114 Nigeria BFSI Crisis Management Market by End-user, 2022 - 2028, USD Million
TABLE 115 Rest of LAMEA BFSI Crisis Management Market, 2018 - 2021, USD Million
TABLE 116 Rest of LAMEA BFSI Crisis Management Market, 2022 - 2028, USD Million
TABLE 117 Rest of LAMEA BFSI Crisis Management Market by Component, 2018 - 2021, USD Million
TABLE 118 Rest of LAMEA BFSI Crisis Management Market by Component, 2022 - 2028, USD Million
TABLE 119 Rest of LAMEA BFSI Crisis Management Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 120 Rest of LAMEA BFSI Crisis Management Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 121 Rest of LAMEA BFSI Crisis Management Market by Application, 2018 - 2021, USD Million
TABLE 122 Rest of LAMEA BFSI Crisis Management Market by Application, 2022 - 2028, USD Million
TABLE 123 Rest of LAMEA BFSI Crisis Management Market by Deployment, 2018 - 2021, USD Million
TABLE 124 Rest of LAMEA BFSI Crisis Management Market by Deployment, 2022 - 2028, USD Million
TABLE 125 Rest of LAMEA BFSI Crisis Management Market by End-user, 2018 - 2021, USD Million
TABLE 126 Rest of LAMEA BFSI Crisis Management Market by End-user, 2022 - 2028, USD Million
TABLE 127 Key information – IBM Corporation
TABLE 128 Key Information – NCC Group plc
TABLE 129 Key Information – ViacomCBS Inc.
TABLE 130 Key information – Deloitte Touche Tohmatsu Limited
TABLE 131 Key Information – LogicGate, Inc.
TABLE 132 Key Information – 4C Strategies
TABLE 133 Key Information – Cura Global GRC Solutions Pte Ltd.
TABLE 134 Key Information – Cleverbridge GmbH
TABLE 135 Key information – SAS Institute, Inc.
TABLE 136 Key Information – MetricStream, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: IBM Corporation