Global Treasury And Risk Management Market Size 2024, Forecast To 2033
6 Mar, 2024
The treasury and risk management market has exhibited strong growth, increasing from $5.42 billion in 2023 to $5.88 billion in 2024, indicating a compound annual growth rate (CAGR) of 8.4%. This robust growth in the historical period is associated with global economic volatility, regulatory compliance requirements, the complexity of financial instruments, increased focus on liquidity management, and market expansion and globalization. Moving forward to 2028, the market is expected to witness strong growth, reaching $8.11 billion with a CAGR of 8.4%. This projected growth is linked to cybersecurity threats and fraud prevention, a dynamic regulatory environment, integration with business intelligence, economic uncertainty, market fluctuations, and a heightened focus on environmental, social, and governance (ESG) risks. Notable trends in this forecasted period include challenges associated with globalization, the adoption of real-time treasury management, sustainability integration, the use of collaboration tools, and advanced automation.
Global Treasury And Risk Management Market Key Driver
The treasury and risk management market is anticipated to witness growth propelled by the expanding banking sector. The banking sector, comprising financial institutions like commercial banks, investment banks, and credit unions, offers various financial services. Treasury and risk management solutions within the banking sector play a vital role in efficiently managing treasury operations, optimizing risk management strategies, and ensuring compliance with regulatory requirements. In June 2022, the European Central Bank reported a 3.42% increase in the total assets of EU-headquartered credit institutions, reaching €30.44 trillion ($32.92 trillion) in December 2021 from €29.44 trillion ($31.82 trillion) in December 2020. This growth in the banking sector is a significant driver for the treasury and risk management market, indicating positive market size values for 2023, 2024, and 2028.
Get A Free Sample Of The Global Treasury And Risk Management Market ReportGlobal Treasury And Risk Management Market Segments
The treasury and risk management market covered in this report is segmented –
1) By Type: Treasury, Investment Management, Risk And Compliance
2) By Deployment: Cloud, On-Premises
3) By Enterprise Size: Large Enterprises, Small And Medium Enterprise (SMEs)
4) By Application: Account Management, Cash And Liquidity Management, Compliance And Risk Management, Financial Resource Management
5) By End User: Banking, Financial Services, And Insurance, Information Technology And Telecommunications, Retail And E-Commerce, Healthcare, Manufacturing And Automotive, Other End Users
By Geography:The regions covered in the treasury and risk management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
North America was the dominate region in the treasury and risk management market in 2023. The regions covered in the treasury and risk management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Treasury And Risk Management Industry Players
Broadridge Financial Solutions Inc., FIS Global Inc., Oracle Corporation, PricewaterhouseCoopers International Limited, SAP SE, Fiserv Inc., Calypso Technology Inc., Kyriba Corporation, Mors Software Inc., Wolters Kluwer N.V., Q2 Software Inc., Riskonnect Inc., Silverlake Axis Limited, SmartStream Technologies Inc., Temenos AG, Verint Systems Inc., Axiom Software Solutions Inc., Equifax Inc., ION Trading Limited, Finastra, IBM Corporation, Exela Technologies Inc., Edgeverve Systems Private Limited, Finance Active S.p.A., Yonyou Software Co. Ltd., Murex S.A., Infor Corporation, BELLIN GmbH, Trading Technologies International Ltd., TreasuryXpress Inc., Reval Systems Inc.
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Treasury And Risk Management Market Overview
Treasury and risk management is a software solution designed to assist organizations in properly managing their financial operations and mitigating various treasury risks. It includes tools and features for enhancing treasury activities, monitoring cash flows, and assessing and managing financial risks.
Treasury And Risk Management Global Market Report 2023 provides data on the global treasury and risk management market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The treasury and risk management market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.