Europe Operational Risk Management Solution Market Outlook and Strategic Insights by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

Europe Operational Risk Management Solution Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Deployment (On-Premise and Cloud) and Enterprise Size (SMEs and Large Enterprise)

Report Date : May 2022
Report Code : TIPRE00029121

Category : Technology, Media and Telecommunications
Status : Published

Available Report Formats :
No. of Pages : 97

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The Europe operational risk management solution market is expected to grow from US$ 466.52 million in 2021 to US$ 820.98 million by 2028; it is estimated to grow at a CAGR of 8.4% from 2021 to 2028.

The number of unethical hackers and cyber attackers increased substantially with the advancement in IT infrastructure. The surge in cyber-attacks is fueled by the rise of the triple extortion ransomware technique used by cyber attackers, where hackers steal sensitive data from organizations and threaten to release it publicly unless clients fulfill the desired demands. Cyber attackers are also targeting organizations’ customers, vendors, or business partners in the same way. Further, cyber attackers adapt their working practices to exploit the shift to hybrid working, targeting organizations’ supply chains and network links to partners to achieve maximum disruption. Moreover, after the emergence of the COVID-19 pandemic, the number of unethical hackers and other cyber attackers increased rapidly. The implementation of cybersecurity risk management solutions is increasing due to the rise in cybersecurity risks. Cybersecurity risk management solutions support the ongoing process of identifying, analyzing, evaluating, and addressing an organization’s cybersecurity threats. Further, these solutions help organizations anticipate and minimize cyber risks, threats, vulnerabilities, and multiple IT compliance requirements. It also supports streamlining cybersecurity efforts to achieve cyber resilience. The cybersecurity risk management tools remove all cyber threats. Therefore, the rising cybersecurity risks across various organizations propel the use of cybersecurity risk management solutions, thereby driving the Europe market growth.

With the new features and technologies, vendors attract new customers to grow their footprints in emerging markets. This factor is likely to drive the Europe operational risk management solution market. The Europe operational risk management solution market is expected to grow at a substantial CAGR during the forecast period.

Europe Operational Risk Management Solution Market Revenue and Forecast to 2028 (US$ Million)

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Europe Operational Risk Management Solution Market Segmentation

The Europe operational risk management solution market is segmented into deployment, enterprise size, and country. Based on deployment, the Europe operational risk management solution market is bifurcated into on-premise and cloud. The cloud segment led the market in 2020; and it is expected to be the faster-growing segment during the forecast period. Based on enterprise size, the Europe operational risk management solution market is bifurcated into SMEs and large enterprise. The large enterprise segment led the market in 2020; however, the SMEs segment is expected to be the faster-growing segment during the forecast period. Based on country, the Europe operational risk management solution market is segmented into the UK, Germany, France, Italy, Russia, and the Rest of Europe.

Adapt IT Holdings Ltd; Cura Global GRC Solutions PTE LTD; MetricStream, Inc.; RSA Security LLC; SAP SE; Shell International B.V.; Sphera Solutions, Inc.; and TenForce are among the leading companies operating in the Europe operational risk management solution market.

Europe Operational Risk Management Solution Report Scope

Report Attribute	Details
Market size in 2021	US$ 466.52 Million
Market Size by 2028	US$ 820.98 Million
Global CAGR (2021 - 2028)	8.4%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Deployment On-Premise and Cloud By Enterprise Size SMEs and Large Enterprise
Regions and Countries Covered	Europe UK Germany France Russia Italy Rest of Europe
Market leaders and key company profiles	ACTIA Group Omnitracs, LLC ORBCOMM Inc. Stoneridge, Inc. Teletrac Navman TomTom Telematics BV Trackunit A/S TTControl GmbH Wacker Neuson SE

Research Manager

Ankita Mittal

Manager,
Market Research & Consulting

Ankita is a dynamic market research and consulting professional with over 8 years of experience across the technology, media, ICT, and electronics & semiconductor sectors. She has successfully led and delivered 100+ consulting and research assignments for global clients such as Microsoft, Oracle, NEC Corporation, SAP, KPMG, and Expeditors International. Her core competencies include market assessment, data analysis, forecasting, strategy formulation, competitive intelligence, and report writing.

Ankita is adept at handling complete project cycles—from pre-sales proposal design and client discussions to post-sales delivery of actionable insights. She is skilled in managing cross-functional teams, structuring complex research modules, and aligning solutions with client-specific business goals. Her excellent communication, leadership, and presentation abilities have enabled her to consistently deliver value-driven outcomes in fast-paced and evolving market environments.

What are the Europe Operational Risk Management Solution Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

Europe Operational Risk Management Solution Market Report Snapshots

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