NEW YORK, Feb. 23, 2023 /PRNewswire/ -- According to Technavio, the global treasury and risk management software market size is estimated to grow by USD 1838.32 million from 2022 to 2027. The market is estimated to grow at a CAGR of 6.35% during the forecast period. The report includes historic market data from 2017 to 2021. In 2017, the market was valued at USD 3,855.91 million. North America will account for 31% of the market growth during the forecast period. For more insights on the historic market data from 2017 to 2021 , Request a sample report
Why Buy?
- Add credibility to strategy
- Analyzes competitor's offerings
- Get a holistic view of the market
Grow your profit margin with Technavio -– buy the report!
Global Treasury and Risk Management Software Market - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on type (treasury, investment management, and risk and compliance), deployment (on premises and cloud based), and geography (North America, Europe, APAC, South America, and Middle East and Africa).
- The market growth in the treasury segment will be significant during the forecast period. The growth of the segment is driven by the increasing acceptance of treasury software among end-users such as governments, banks, and enterprises. Also, the increasing adoption of treasury management systems to automate financial operations and the rapid changes in business and government requirements will drive the growth of the segment.
Geography Overview
By geography, the global treasury and risk management software market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global treasury and risk management software market.
- North America will account for 31% of the market growth during the forecast period. Factors such as the increasing adoption of work-from-home policies and the rising adoption of cloud-based solutions by enterprises are driving the growth of the treasury and risk management software market in North America.
Get a glance of the market contribution of various segments including country and region wise – Download a Sample Report
Global Treasury and Risk Management Software Market – Market Dynamics
Key factor driving market growth
- The market is driven by the benefits associated with treasury and risk management software.
- Treasury and risk management software help organizations optimize their financial performance by reducing capital requirements.
- The software automates cash reconciliation and improves financial risk management by identifying cash at risk.
- It automates accounting entries for a significant proportion of cashflows, thereby streamlining the process in the treasury department.
- Many such benefits are increasing the adoption of treasury and risk management software by organizations across various industries, which is driving the growth of the market.
Leading trends influencing the market
- The advent of intelligent treasury management software is the key trend in the market.
- Businesses across industries are adopting analytics solutions such as AI, machine learning (ML), and big data to automate various processes.
- Companies are leveraging advanced technologies such as RPA to generate data insights to improve risk handling in the treasury reporting process.
- The use of such technologies is helping vendors to assess large volumes of data and improve fraud detection and productivity, thus reducing the report generation timeline.
- Some vendors in the market are forming partnerships, acquiring regional players, and launching products to expand their presence and increase their market shares.
- This trend will have a positive influence on the growth of the market during the forecast period.
Major challenges hindering market growth
- Data security and cybersecurity concerns are hindering the growth of the market.
- The rising incidences of cyberattacks have increased the risk of confidential data being compromised, especially in the BFSI and healthcare sectors.
- The adoption of cloud-based treasury and risk management software is raising concerns related to privacy.
- Cloud-based solutions are hosted by third-party service providers. The lack of control over information could lead to potential dissemination, deletion, or corruption of data by unauthorized users.
- These concerns are negatively impacting the growth of the market in focus.
What are the key data covered in this treasury and risk management software market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the treasury and risk management software market between 2023 and 2027
- Precise estimation of the size of the treasury and risk management software market and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the treasury and risk management software market industry across North America, Europe, APAC, South America, and Middle East and Africa
- A thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of treasury and risk management software market vendors
Gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform
Related Reports:
- The anti-money laundering (AML) software market is estimated to grow at a CAGR of 15.01% between 2022 and 2027. The size of the market is forecast to increase by USD 2,763.04 million. The increased need for risk management is notably driving the market growth, although factors such as the high cost of implementation may impede the market growth.
- The RPA and hyperautomation market is estimated to grow at a CAGR of 23.59% between 2022 and 2027. The size of the market is forecasted to increase by USD 20,532.42 million. The rise in the need for automation within major industries is notably driving the market growth, although factors such as lack of awareness regarding RPA and hyperautomation solutions may impede the market growth.
Treasury And Risk Management Software Market Scope |
|
Report Coverage |
Details |
Page number |
167 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.35% |
Market growth 2023-2027 |
USD 1838.32 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
5.38 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 31% |
Key countries |
US, Canada, Japan, UK, and Germany |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Adenza Group Inc., Bottomline Technologies Inc., CAPIX Treasury Software, Coupa Software Inc., DataLog Finance, Eurobase Systems Ltd., Fidelity National Information Services Inc., Financial Sciences Corp., Finastra, GTreasury, Infosys Ltd., ION., Kyriba Corp., Murex SAS, Oracle Corp., Salmon Software Ltd., SAP SE, Sphera Solutions Inc., Trinity Management Systems GmbH, and Wolters Kluwer NV |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Browse for Technavio's information technology market reports
Table of contents:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Deployment
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global Treasury and Risk Management Software Market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global Treasury and Risk Management Software Market 2017 - 2021 ($ million)
- 4.2 Type Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)
- 4.3 Deployment Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Deployment Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Type
- 6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
- 6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type
- 6.3 Treasury - Market size and forecast 2022-2027
- Exhibit 34: Chart on Treasury - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Treasury - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Treasury - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Treasury - Year-over-year growth 2022-2027 (%)
- 6.4 Investment management - Market size and forecast 2022-2027
- Exhibit 38: Chart on Investment management - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Investment management - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Investment management - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Investment management - Year-over-year growth 2022-2027 (%)
- 6.5 Risk and compliance - Market size and forecast 2022-2027
- Exhibit 42: Chart on Risk and compliance - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Risk and compliance - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Risk and compliance - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Risk and compliance - Year-over-year growth 2022-2027 (%)
- 6.6 Market opportunity by Type
- Exhibit 46: Market opportunity by Type ($ million)
7 Market Segmentation by Deployment
- 7.1 Market segments
- Exhibit 47: Chart on Deployment - Market share 2022-2027 (%)
- Exhibit 48: Data Table on Deployment - Market share 2022-2027 (%)
- 7.2 Comparison by Deployment
- Exhibit 49: Chart on Comparison by Deployment
- Exhibit 50: Data Table on Comparison by Deployment
- 7.3 On premises - Market size and forecast 2022-2027
- Exhibit 51: Chart on On premises - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on On premises - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on On premises - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on On premises - Year-over-year growth 2022-2027 (%)
- 7.4 Cloud based - Market size and forecast 2022-2027
- Exhibit 55: Chart on Cloud based - Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on Cloud based - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on Cloud based - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Cloud based - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Deployment
- Exhibit 59: Market opportunity by Deployment ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 61: Chart on Market share by geography 2022-2027 (%)
- Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 63: Chart on Geographic comparison
- Exhibit 64: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 UK - Market size and forecast 2022-2027
- Exhibit 89: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.10 Japan - Market size and forecast 2022-2027
- Exhibit 93: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.11 Germany - Market size and forecast 2022-2027
- Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.12 Canada - Market size and forecast 2022-2027
- Exhibit 101: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 102: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 103: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on Canada - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 105: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 106: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 108: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 109: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 110: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 111: Matrix on vendor position and classification
- 12.3 Adenza Group Inc.
- Exhibit 112: Adenza Group Inc. - Overview
- Exhibit 113: Adenza Group Inc. - Product / Service
- Exhibit 114: Adenza Group Inc. - Key offerings
- 12.4 Bottomline Technologies Inc.
- Exhibit 115: Bottomline Technologies Inc. - Overview
- Exhibit 116: Bottomline Technologies Inc. - Product / Service
- Exhibit 117: Bottomline Technologies Inc. - Key offerings
- 12.5 CAPIX Treasury Software
- Exhibit 118: CAPIX Treasury Software - Overview
- Exhibit 119: CAPIX Treasury Software - Product / Service
- Exhibit 120: CAPIX Treasury Software - Key offerings
- 12.6 Coupa Software Inc.
- Exhibit 121: Coupa Software Inc. - Overview
- Exhibit 122: Coupa Software Inc. - Product / Service
- Exhibit 123: Coupa Software Inc. - Key offerings
- 12.7 DataLog Finance
- Exhibit 124: DataLog Finance - Overview
- Exhibit 125: DataLog Finance - Product / Service
- Exhibit 126: DataLog Finance - Key offerings
- 12.8 Eurobase Systems Ltd.
- Exhibit 127: Eurobase Systems Ltd. - Overview
- Exhibit 128: Eurobase Systems Ltd. - Product / Service
- Exhibit 129: Eurobase Systems Ltd. - Key offerings
- 12.9 Fidelity National Information Services Inc.
- Exhibit 130: Fidelity National Information Services Inc. - Overview
- Exhibit 131: Fidelity National Information Services Inc. - Business segments
- Exhibit 132: Fidelity National Information Services Inc. - Key news
- Exhibit 133: Fidelity National Information Services Inc. - Key offerings
- Exhibit 134: Fidelity National Information Services Inc. - Segment focus
- 12.10 Financial Sciences Corp.
- Exhibit 135: Financial Sciences Corp. - Overview
- Exhibit 136: Financial Sciences Corp. - Product / Service
- Exhibit 137: Financial Sciences Corp. - Key offerings
- 12.11 Finastra
- Exhibit 138: Finastra - Overview
- Exhibit 139: Finastra - Product / Service
- Exhibit 140: Finastra - Key offerings
- 12.12 Infosys Ltd.
- Exhibit 141: Infosys Ltd. - Overview
- Exhibit 142: Infosys Ltd. - Business segments
- Exhibit 143: Infosys Ltd. - Key news
- Exhibit 144: Infosys Ltd. - Key offerings
- Exhibit 145: Infosys Ltd. - Segment focus
- 12.13 ION.
- Exhibit 146: ION. - Overview
- Exhibit 147: ION. - Product / Service
- Exhibit 148: ION. - Key offerings
- 12.14 Kyriba Corp.
- Exhibit 149: Kyriba Corp. - Overview
- Exhibit 150: Kyriba Corp. - Product / Service
- Exhibit 151: Kyriba Corp. - Key offerings
- 12.15 Murex SAS
- Exhibit 152: Murex SAS - Overview
- Exhibit 153: Murex SAS - Product / Service
- Exhibit 154: Murex SAS - Key offerings
- 12.16 SAP SE
- Exhibit 155: SAP SE - Overview
- Exhibit 156: SAP SE - Business segments
- Exhibit 157: SAP SE - Key news
- Exhibit 158: SAP SE - Key offerings
- Exhibit 159: SAP SE - Segment focus
- 12.17 Wolters Kluwer NV
- Exhibit 160: Wolters Kluwer NV - Overview
- Exhibit 161: Wolters Kluwer NV - Business segments
- Exhibit 162: Wolters Kluwer NV - Key offerings
- Exhibit 163: Wolters Kluwer NV - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 164: Inclusions checklist
- Exhibit 165: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 166: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 167: Research methodology
- Exhibit 168: Validation techniques employed for market sizing
- Exhibit 169: Information sources
- 13.5 List of abbreviations
- Exhibit 170: List of abbreviations
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.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article