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PORTLAND, Ore., May 25, 2021 /PRNewswire/ -- Allied Market Research recently published a report, titled,
"BFSI Crisis Management Market by Component (Solution and Services), Deployment Type (On-premises and Cloud), Enterprise Size (Large Enterprises and Small & Medium Enterprises (SMEs)), and Application (Disaster Recovery & Business Continuity, Risk & Compliance Management, Crisis Communication, Incident Management & Response, and Others), and End User (Banks, Insurance Companies, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027". As per the report, the global BFSI crisis management industry was pegged at $8.46 billion in 2019, and is projected to reach $31.15 billion by 2027, growing at a CAGR of 18.2% from 2020 to 2027.
Drivers, restraints, and opportunities