Collaborations and Acquisitions by the Key Market Players to Enhance Market Growth

Published: Jun 2023

The global business continuity software market is anticipated to grow at a CAGR of 9.0% during the forecast period. The factors attributed to the market growth icnludes acquisitions, collaborations, and product launches adopted by the key market players such as Kerridge Commercial Systems, Riskonnect, and others. Collaboration in the business continuity software market facilitates the integration of diverse functionalities and features, resulting in more versatile and adaptable business continuity software offerings. In addition, partnerships often open new avenues for market reach, as the combined networks and customer bases of collaborating companies can access a broader range of potential clients. Ultimately, the synergy created through partnerships and collaborations has fueled the growth of the business continuity software market, enabling companies to provide better solutions, meet evolving customer needs, and drive overall market success. For instance,

Browse the full report description of “Business Continuity Software Market Size, Share & Trends Analysis Report by Solutions (Crisis Management, Risk Management, Audit Management, Government, Risk, and Compliance (GRC), Others), by Deployment Mode (Cloud-Based and On-Premise) and by Application (BFSI, Government, Healthcare, Transportation & Logistics, Automotive Manufacturing & Retail, IT and Telecom, and Others), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/business-continuity-software-market

? In March 2023, Kerridge Commercial Systems partnered with Reality Finance to offer flexible payments for its products and services through this partnership, Reality Finance can provide a finance option with monthly payment options that offer Kerridge Commercial Systems' customers greater flexibility in purchasing their products and services. Kerridge Commercial Systems is a company that develops and delivers innovative business continuity solutions for the distributive trades, along with the automotive and rental markets.

? In July 2022, Riskonnect announced the acquisition of Castellan Solutions, a global provider of enterprise resilience management solutions. The acquisition furthers Riskonnect's vision of bringing all aspects of risk under one roof by seamlessly incorporating business continuity and operational resilience capabilities into its platform. The acquisition accelerates the growth objectives of both companies by delivering more risk and compliance offerings to customers. Riskonnect customers will have access to Castellan's leading business continuity and operational resilience solutions, and Castellan customers will benefit from Riskonnect's expanded IRM product capabilities, global support infrastructure, and deep multi-industry domain expertise.

Market Coverage

The market number available for – 2023-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Solution

o By Deployment Mode

o Industry Vertical

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape-includes as Avalution  GmbH, Clearview AI, Inc., Riskonnect Inc., and others. 

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global Business Continuity Software Market Report Segment

By Solutions

  • Crisis Management
  • Risk Management
  • Audit Management
  • Government, Risk, and Compliance (GRC)
  • Others (Supplier Management, Cybersecurity Management)

By Deployment Mode

  • Cloud
  • On-Premises

By Industry Vertical

  • BFSI
  • Government
  • Healthcare
  • Transportation & Logistics
  • Automotive
  • Manufacturing & Retail
  • IT and Telecom
  • Others (Hospitality, Oil & Gas, Energy & Utilities, Entertainment)

Global Business Continuity Software Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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