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Global BFSI Crisis Management Market Report 2023: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2028DUBLIN, Jan. 2, 2024 /PRNewswire/ -- The "Global BFSI Crisis Management Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering. The global BFSI crisis management market size reached US$ 13.3 Billion in 2022. Looking forward, the market is expected to reach US$ 36.4 Billion by 2028, exhibiting a growth rate (CAGR) of 18.27% during 2022-2028. Besides this, it also assists in protecting the reliability and credibility of the financial institution network. As the BFSI crisis management solution providers are improving financial services, risk mitigation and fraud detection, and cyber security, its demand is escalating around the world. BFSI Crisis Management Market Trends At present, there is a rise in the need to protect an organization's reputation and manage threats related to financial viability, employee health, and overall public safety. This represents one of the key factors catalyzing the demand for crisis management solutions worldwide. These solutions find a wide range of applications in numerous business areas, such as lending, international money transfers, personal finance, equity financing, and insurance. In addition, there is a considerable increase in the volume of data produced by large enterprises. This, in confluence with the rapid adoption of digitalized platforms and network solutions by financial institutions and banks to operate their businesses, is creating a favorable market outlook. Furthermore, develoing countries across the globe are offering lucrative growth opportunities for crisis management solution providers to expand their product portfolios. This, along with increasing focusing on making improvements in customer experience while availing financial products and services, is contributing to the growth of the market. Other major factors, including the growing awareness about financial technology, and an extensive expansion of the BFSI industry, are projected to drive the market. Key Questions Answered in This Report
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For more information about this report visit https://www.researchandmarkets.com/r/5qtqrk About ResearchAndMarkets.com
Research and Markets View original content:https://www.prnewswire.com/news-releases/global-bfsi-crisis-management-market-report-2023-industry-trends-share-size-growth-opportunity-and-forecast-2022-2028-302024651.html SOURCE Research and Markets |