The US market dominated the North America Exposure Management Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,418 million by 2030. The Canada market is experiencing a CAGR of 29.5% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 28.4% during (2023 - 2030).
Exposure management is fundamental to managing market, credit, liquidity, and operational risks in the financial sector. Banks, investment firms, and asset managers employ sophisticated risk assessment models and hedging strategies to optimize their portfolios and ensure regulatory compliance. Additionally, exposure management is critical in insurance underwriting and claims management, helping insurers quantify and mitigate risks while pricing policies accurately. Financial firms address operational risks from internal processes, systems, human error, and external events. They implement robust internal controls, business continuity plans, and insurance coverage to minimize the impact of operational disruptions and safeguard against financial losses.
Furthermore, exposure management is essential for identifying vulnerabilities and disruptions in the production process in manufacturing and supply chain management. Manufacturers who undertake risk assessments and put contingency plans in place can lessen the effects of supply chain interruptions, such as shortages of raw materials, traffic jams, and geopolitical conflicts.
Mexico boasts abundant renewable energy resources, including solar, wind, geothermal, and biomass. The country's favorable geographic conditions make it well-suited for the deployment of solar and wind power projects, particularly in regions with high solar irradiance and strong wind speeds. Hence, rising BFSI and energy sectors in North America will boost the demand in the regional exposure management market.
Based on Component, the market is segmented into Solution, and Services. Based on Deployment Mode, the market is segmented into Cloud, and On-premises. Based on Application, the market is segmented into Attack Surface Management, Threat Intelligence, Vulnerability Management, Assets Management, Penetration Testing, and Others. Based on End-User, the market is segmented into BFSI, IT & ITeS, Retail & eCommerce, Government, Energy & Utilities, Healthcare & Lifesciences, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Tenable Holdings, Inc.
- Crowdstrike Holdings, Inc.
- Palo Alto Networks, Inc.
- Forescout Technologies Inc. (Advent International, L.P.)
- Ernst & Young Global Limited (Pangea3)
- Viavi Solutions, Inc.
- Verisk Analytics, Inc.
- IBM Corporation
- Mandiant (Google LLC)
- CyCognito Ltd.
Market Report Segmentation
By Component- Solution
- Services
- Cloud
- On-premises
- Attack Surface Management
- Threat Intelligence
- Vulnerability Management
- Assets Management
- Penetration Testing
- Others
- BFSI
- IT & ITeS
- Retail & eCommerce
- Government
- Energy & Utilities
- Healthcare & Lifesciences
- Others
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Companies Mentioned
- Tenable Holdings, Inc.
- Crowdstrike Holdings, Inc.
- Palo Alto Networks, Inc.
- Forescout Technologies Inc. (Advent International, L.P.)
- Ernst & Young Global Limited (Pangea3)
- Viavi Solutions, Inc.
- Verisk Analytics, Inc.
- IBM Corporation
- Mandiant (Google LLC)
- CyCognito Ltd.
Methodology
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