Treasury And Risk Management Market Overview, Competitive Landscape And Forecast 2028

According to Premium Market Insights new research study on "Treasury and Risk Management Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Component, Deployment, Enterprise Size, Application, and End-User," the treasury and risk management market size is projected to reach US$ 7,156.90 million by 2028 from US$ 4,739.39 million in 2021; it is expected to grow at a CAGR of 6.1% from 2021 to 2028.

Get a Sample Copy of This Report@ https://www.premiummarketinsights.com/sample/TIP00073467/?utm_source=openpr&utm_medium=10655

Some Of the Major Players Influencing are The key companies operating in the treasury and risk management market include Broadridge Financial Solutions, Inc.; FIS; Oracle Corporation; Pricewaterhousecoopers International Limited (PWC); SAP SE; Fiserv, Inc.; Calypso Technology, Inc (Adenza); Kyriba Corp; Mors Software; and Wolters Kluwer.

The treasury and risk management market is expanding in North America and Europe, driven by the growth of the technology and automotive sectors. In North America, the technology industry's rise has led to greater adoption of treasury and risk management solutions as smart companies recognize their importance in providing financial advice and sustainability. Efficient cash management and payment collection methods are also essential for the rapid expansion of tech firms. Meanwhile, Europe's automotive sector is also experiencing growth, resulting in increased demand for treasury and risk management services. Benefits such as efficient cash management tools, scalability, and comprehensive finance and treasury transformation programs have contributed to this trend. Consequently, the demand for treasury and risk management solutions and services is growing in these regions due to the expanding technology and automotive industries.

The treasury and risk management market in the Asia-Pacific (APAC) region is expanding due to the growth of the banking sector. Notably, banks such as China Merchants Bank Co. Ltd., China Construction Bank Corp., Bank of China Ltd., and Agricultural Bank of China Ltd. have experienced significant market capitalization growth. Additionally, the number of banks in the region is rising, creating a substantial opportunity for players in the treasury and risk management market to provide their solutions and services.
The treasury and risk management market is experiencing growth in the Middle East and Africa (MEA) and South America (SAM) due to the expansion of the manufacturing sector in these regions. The development of the manufacturing sector is supported by factors such as the fourth industrial revolution (4IR) and government initiatives like Saudi Arabia's Vision 2030, Bahrain's Economic Vision 2030, Abu Dhabi's Economic Vision 2030, and Dubai's Industrial Strategy 2030 in the UAE. As the manufacturing sector grows in these regions, there is an increasing demand for treasury and risk management solutions and services. These solutions and services are particularly effective in managing cash in the manufacturing sector, including payment processing, account analysis, and statements. Additionally, outsourced treasury management solutions that offer managed bank connectivity are in high demand.

Inquiry Before Buying At: https://www.premiummarketinsights.com/inquiry/TIP00073467/?utm_source=openpr&utm_medium=10655

Impact of COVID-19 Pandemic on Global Treasury and Risk Management Market
Before the COVID-19 pandemic, the rising trend towards digitalization drove demand for treasury and risk management solutions and services. As an example, Business Wire reported in April 2019 that spending on digital transformation reached US$1.18 trillion in 2019, representing a 17.9% increase from 2018.

In 2020, the COVID-19 pandemic significantly impacted businesses and their operations, according to the treasury and risk management market analysis. In response to the crisis, many countries imposed lockdowns, leading to a surge in the adoption of digital technologies to keep enterprises running. As a result, businesses shifted towards cloud infrastructure and continued their operations while complying with lockdown restrictions. The pandemic also prompted companies to consider the future of corporate treasury in light of digitization, integrated risk management, and a renewed focus on cost optimization and cash management. Consequently, there was an increase in the adoption of treasury and risk management solutions and services in 2020, leading to a positive impact on the overall market.

The analysis of the treasury and risk management market in 2021 and 2022 indicates that the relaxation of lockdown measures, the increasing adoption of cloud technologies by businesses, and the adoption of automation technologies like AI and machine learning for cash management have had a positive impact on market growth. A case in point is the collaboration between Refinitiv and IBSFINtech in May 2021 to launch a cloud-based automated treasury management solution called InTReaX. This solution offers cash and liquidity management and currency risk management. The growing adoption of cloud-based treasury management solutions among businesses is expected to create multiple opportunities for market players.

In 2019, the treasury and risk management market size was recorded at US$ 4,337.46 million, while in 2020, during the COVID-19 pandemic, it grew to US$ 4,526.57 million. Additionally, in 2021, the market size further increased to US$ 4,739.39 million. This indicates that despite the pandemic, the treasury and risk management market witnessed growth in 2020, resulting in a positive impact on market share.

The treasury and risk management market is categorized into solution and services segments based on component, with the solution segment having a larger share in 2020. The deployment segment is separated into cloud-based and on-premises, with the cloud-based segment leading the market in 2020. Based on enterprise size, the market is classified into small & medium-sized enterprises and large enterprises, with the latter accounting for a larger market share in 2020. The market is also segmented by application into account management, cash & liquidity management, compliance & risk management, and financial resource management, with cash & liquidity management having the largest share in 2020. The end-user segment includes BFSI, IT & telecom, retail & ecommerce, healthcare, manufacturing & automotive, and others, with the BFSI segment leading the treasury and risk management market with the largest share in 2020. Geographically, the market is divided into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM), with the North America segment leading the market in 2020.

Order a copy of this research study at- https://www.premiummarketinsights.com/buy/TIP00073467/?utm_source=openpr&utm_medium=10655

The treasury and risk management market analysis is based on a combination of primary and secondary research methodologies. The research process began with comprehensive secondary research, utilizing internal and external sources to gather both qualitative and quantitative information on the market. This process helped in gaining an overview and forecast for the treasury and risk management market across all segments and regions. Additionally, primary interviews were conducted with industry experts and analysts to validate the data and obtain further insights. These industry participants included VPs, business development managers, market intelligence managers, national sales managers, valuation experts, research analysts, and key opinion leaders with specialization in the treasury and risk management market.

Table Of Contents
1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Treasury and Risk Management Market - By Component
1.3.2 Global Treasury and Risk Management Market - By Deployment
1.3.3 Global Treasury and Risk Management Market - By Enterprise Size
1.3.4 Global Treasury and Risk Management Market - By Application
1.3.5 Global Treasury and Risk Management Market - By End User
1.3.6 Global Treasury and Risk Management Market - By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Treasury and Risk Management Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Treasury and Risk Management Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Financial Analytics Services
5.1.2 Growing Use of Cloud-Based Treasury and Risk Management Platforms
5.2 Market Restraints
5.2.1 Availability of Open-Source Treasury and Risk Management Platforms
5.3 Market Opportunities
5.3.1 Rising Spending in Information and Communications Technology Sector
5.4 Future Trends
5.4.1 Growing Use of Artificial Intelligence in Various Verticals
5.5 Impact Analysis of Drivers and Restraints
Continued…...!

Contact Us:
If you have any queries pertaining to the report or would like further information, feel free to reach out to us at-
Contact Person: Sameer Joshi
E-mail: sales@premiummarketinsights.com
Phone: +1-646-491-9876

About Us:
Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost-effective research reports and solutions from various publishers.
The market research industry has changed in last decade. As corporate focus has shifted to niche markets and emerging countries, a number of publishers have stepped in to fulfil these information needs. We have experienced and trained staff that helps you navigate different options and lets you choose best research solution at most effective cost.
Premium Market Insights has an extensive coverage of industry reports, company reports and country reports across all industries. In case your research needs are not met by syndicated reports offered by leading publishers, we can help you by offering a customized research solution by liaising with different research agencies saving your valuable time and money.
We provide best in class customer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider. We also offer enterprise subscriptions which provide significant cost savings to our clients.

This release was published on openPR.