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,
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- 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.
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)
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Business Continuity Software Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- AO Kaspersky Lab.
- Assurance Software
- Badger Software Ltd.
- Critchlow Geospatial Ltd.
- IBM Corp.
- INONI Inc.
- Kerridge Commercial Systems Ltd.
- Kuali Inc.
- LogicManager Inc.
- MetricStream
- Plan4Continuity
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