Market Overview:
The global risk management consulting market is expected to grow from USD 9.5 billion in 2018 to USD 16.8 billion by 2030, at a CAGR of 7.0% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for risk management consulting services from SMEs and large enterprises across the globe. The global risk management consulting market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into one-stop consulting and boutique consulting.
Product Definition:
Risk management consulting is the practice of providing risk management services to organizations. These services can include risk assessment, risk mitigation, and crisis management. The importance of risk management consulting is that it helps organizations identify and manage risks that could impact their business.
One-Stop Consulting:
One-stop consulting is a service model that offers various risk management consulting services under one roof. It helps organizations to reduce their dependency on external vendors for different types of risk management services such as audit, assurance, anderoiing. The model has been adopted by many large enterprises and SMEs across the globe owing to its benefits such as reduction in cost associated with changing vendor for different services coupled with improved quality of service provided by the company itself.
Boutique Consulting:
Boutique consulting is a form of corporate consulting in which a company or an individual provides advisory services to another company. The main objective of these services is to provide expertise and knowledge on specific business areas such as finance, marketing, operations, technology and so on.
The term “boutique” has been derived from the French word for “small shop”.
Application Insights:
The market is segmented based on application into SME, large enterprise and others. The SME segment held the largest share of over 60% in 2017. This is attributed to the increasing penetration of technology-enabled services for risk management among small businesses owing to their limited resources and time constraints. Furthermore, growing awareness about risks associated with business activities has led to an increased focus on effective risk management practices by these companies.
Rising demand for customized solutions from large enterprises has resulted in a rise in demand for global risk management consulting firms that can assist them with a one-stop solution across all phases of the implementation process including due diligence, strategy development and implementation as well as ongoing monitoring & evaluation activities related to various strategies implemented by these firms across different industries globally. These factors are anticipated to drive growth over the forecast period among other segments within this market space which include medium enterprises and multinationals (large enterprise).
Regional Analysis:
North America is expected to be the largest regional market over the forecast period owing to high demand for risk management consulting from various sectors, such as banking and financial services, telecom and IT. The U.S.-based companies are adopting a global strategy by expanding their business in other countries due to which they have higher exposure across different industries worldwide. This has led them to adopt a more holistic approach towards risk management consulting thereby driving growth in this region as well as globally.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing with increasing penetration of western culture and influence from developed economies such as U.S., UK, Germany etc.
Growth Factors:
- Increasing demand for risk management services from businesses and organizations to protect their interests and mitigate potential losses
- Rising awareness about the importance of risk management in mitigating business risks and improving organizational efficiency
- Proliferation of digital technologies and big data that has led to increased vulnerability to cyber-attacks and other risks
- Stringent compliance regulations across industries that mandate effective risk management practices
- Growing demand for specialized risk management consulting services in specific domains such as cybersecurity, health care, etc
Scope Of The Report
Report Attributes
Report Details
Report Title
Risk Management Consulting Market Research Report
By Type
One-Stop Consulting, Boutique Consulting
By Application
SME (Small and Medium Enterprises), Large Enterprise
By Companies
KPMG, Ernst & Young, Protiviti, Deloitte, AtradiusCollections, DBS Treasury Prism, Refinitiv Risk Management, FM Global, Marsh LLC, Hicks Risk Consulting Inc, Aon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Risk Management Consulting Market Report Segments:
The global Risk Management Consulting market is segmented on the basis of:
Types
One-Stop Consulting, Boutique Consulting
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
SME (Small and Medium Enterprises), Large Enterprise
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- KPMG
- Ernst & Young
- Protiviti
- Deloitte
- AtradiusCollections
- DBS Treasury Prism
- Refinitiv Risk Management
- FM Global
- Marsh LLC
- Hicks Risk Consulting Inc
- Aon
Highlights of The Risk Management Consulting Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- One-Stop Consulting
- Boutique Consulting
- By Application:
- SME (Small and Medium Enterprises)
- Large Enterprise
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Risk Management Consulting Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Risk management consulting is a type of professional services that helps organizations identify, assess, and manage risks. Risk management consultants help companies develop risk assessment tools, establish policies and procedures for managing risks, and monitor their effectiveness.
Some of the key players operating in the risk management consulting market are KPMG, Ernst & Young, Protiviti, Deloitte, AtradiusCollections, DBS Treasury Prism, Refinitiv Risk Management, FM Global, Marsh LLC, Hicks Risk Consulting Inc, Aon.
The risk management consulting market is expected to grow at a compound annual growth rate of 7%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Risk Management Consulting Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Risk Management Consulting Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Risk Management Consulting Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Risk Management Consulting Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Risk Management Consulting Market Size & Forecast, 2018-2028 4.5.1 Risk Management Consulting Market Size and Y-o-Y Growth 4.5.2 Risk Management Consulting Market Absolute $ Opportunity
Chapter 5 Global Risk Management Consulting Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Risk Management Consulting Market Size Forecast by Type
5.2.1 One-Stop Consulting
5.2.2 Boutique Consulting
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Risk Management Consulting Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Risk Management Consulting Market Size Forecast by Applications
6.2.1 SME (Small and Medium Enterprises)
6.2.2 Large Enterprise
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Risk Management Consulting Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Risk Management Consulting Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Risk Management Consulting Analysis and Forecast
9.1 Introduction
9.2 North America Risk Management Consulting Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Risk Management Consulting Market Size Forecast by Type
9.6.1 One-Stop Consulting
9.6.2 Boutique Consulting
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Risk Management Consulting Market Size Forecast by Applications
9.10.1 SME (Small and Medium Enterprises)
9.10.2 Large Enterprise
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Risk Management Consulting Analysis and Forecast
10.1 Introduction
10.2 Europe Risk Management Consulting Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Risk Management Consulting Market Size Forecast by Type
10.6.1 One-Stop Consulting
10.6.2 Boutique Consulting
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Risk Management Consulting Market Size Forecast by Applications
10.10.1 SME (Small and Medium Enterprises)
10.10.2 Large Enterprise
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Risk Management Consulting Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Risk Management Consulting Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Risk Management Consulting Market Size Forecast by Type
11.6.1 One-Stop Consulting
11.6.2 Boutique Consulting
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Risk Management Consulting Market Size Forecast by Applications
11.10.1 SME (Small and Medium Enterprises)
11.10.2 Large Enterprise
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Risk Management Consulting Analysis and Forecast
12.1 Introduction
12.2 Latin America Risk Management Consulting Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Risk Management Consulting Market Size Forecast by Type
12.6.1 One-Stop Consulting
12.6.2 Boutique Consulting
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Risk Management Consulting Market Size Forecast by Applications
12.10.1 SME (Small and Medium Enterprises)
12.10.2 Large Enterprise
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Risk Management Consulting Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Risk Management Consulting Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Risk Management Consulting Market Size Forecast by Type
13.6.1 One-Stop Consulting
13.6.2 Boutique Consulting
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Risk Management Consulting Market Size Forecast by Applications
13.10.1 SME (Small and Medium Enterprises)
13.10.2 Large Enterprise
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Risk Management Consulting Market: Competitive Dashboard
14.2 Global Risk Management Consulting Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 KPMG
14.3.2 Ernst & Young
14.3.3 Protiviti
14.3.4 Deloitte
14.3.5 AtradiusCollections
14.3.6 DBS Treasury Prism
14.3.7 Refinitiv Risk Management
14.3.8 FM Global
14.3.9 Marsh LLC
14.3.10 Hicks Risk Consulting Inc
14.3.11 Aon