Business Continuity Management Solutions Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Rising Incidence of Cyberattacks to Boost the Market Growth | Technavio

Technavio has announced its latest market research report titled Global Business Continuity Management Solutions Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the business continuity management solutions market and it is poised to grow by USD 387 million during 2020-2024, at a CAGR of almost 15% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions-

  • What is the major trend in the market?
  • Growing demand for business continuity management solutions from various industries is one of the major trends in the market.
  • At what rate is the market projected to grow?
  • Growing at a CAGR of almost 15%, the incremental growth of the market is anticipated to be USD 387 million during the forecast period.
  • Who are the top players in the market?
  • Dell Technologies Inc., International Business Machines Corp., LogicManager Inc., MetricStream Inc., Microsoft Corp., NAVEX Global Inc., Quantivate LLC, SAI Global Pty. Ltd., SAP SE, and X2nSat Inc. are some of the major market participants.
  • What are the key market drivers and challenges?
  • Rising incidence of cyberattacks and growing demand for business continuity management solutions from various industries are the major factors driving the market. However, the system integration and interoperability issues restraints the market growth.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Dell Technologies Inc., International Business Machines Corp., LogicManager Inc., MetricStream Inc., Microsoft Corp., NAVEX Global Inc., Quantivate LLC, SAI Global Pty. Ltd., SAP SE, and X2nSat Inc. are some of the major market participants. The rising incidence of cyberattacks will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Business Continuity Management Solutions Market 2020-2024: Segmentation

Business Continuity Management Solutions Market is segmented as below:

  • End-user
    • Large Enterprise
    • SME
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43583

Business Continuity Management Solutions Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The business continuity management solutions market report covers the following areas:

  • Business Continuity Management Solutions Market Size
  • Business Continuity Management Solutions Market Trends
  • Business Continuity Management Solutions Market Analysis

This study identifies the growing demand for business continuity management solutions from various industries as one of the prime reasons driving the business continuity management solutions market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Business Continuity Management Solutions Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist business continuity management solutions market growth during the next five years
  • Estimation of the business continuity management solutions market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the business continuity management solutions market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of business continuity management solutions market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user

  • Market segments
  • Comparison by end-user
  • Large enterprise - Market size and forecast 2019-2024
  • SME - Market size and forecast 2019-2024
  • Market opportunity by End-user

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Dell Technologies Inc.
  • International Business Machines Corp.
  • LogicManager Inc.
  • MetricStream Inc.
  • Microsoft Corp.
  • NAVEX Global Inc.
  • Quantivate LLC
  • SAI Global Pty. Ltd.
  • SAP SE
  • X2nSat Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

     

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global Business Continuity Management Solutions Market will grow by USD 387 mn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/