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Risk Analytics Market to Witness Huge Growth by 2026 | Oracle, IBM, McKinsey
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The Latest Released Risk Analytics market study has evaluated the future growth potential of
Global
Risk Analytics market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, emerging trends along with essential drivers, challenges, opportunities and restraints in Risk Analytics market. The study includes market share analysis and profiles of players such as IBM (United States), Oracle (United States), Axiomsl (United States), McKinsey (United States), SAP (Germany), SAS Institute (United States), Recorded Future, Inc. (United States), Moody s (United States), Cisco Systems (United States), Verisk Analytics (Unit
Source: 2020 USFIA Fashion Industry Benchmarking Study
Measured by value, more than 70% of US apparel imports still came from Asian countries in 2020 – a pattern that has stayed stable for over a decade. Except for China, other leading Asian apparel suppliers all gained market shares in 2020 from a year earlier. This includes Vietnam (19.6% in 2020 vs 16.2% in 2019), ASEAN members (32.3% in 2020 vs 27.4% in 2019), Bangladesh (8.2% in 2020 vs 7.1% in 2019), and Cambodia (4.4% in 2020 vs 3.2% in 2019).
According to the 2020 US Fashion Industry Benchmarking Study released by the US Fashion Industry Association (USFIA),
Asian suppliers overall enjoy two competitive advantages as apparel sourcing bases: sourcing cost, and flexibility and agility. These two factors are also the most relevant during the pandemic.