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Global External Risk Mitigation & Management (ERMM) Growth Opportunities

Embracing Global ERMM Expansion: Unveiling Growth Opportunities in Risk Mitigation

In the midst of ever-evolving global digitalization, the dynamic threat landscape is unveiling new avenues for external risk mitigation and management (ERMM) to flourish. With attack surfaces multiplying and IT complexities escalating, the reliance on traditional perimeter-based security measures is fast becoming redundant. Organizations are increasingly turning to ERMM as a proactive shield against threats transcending network perimeters. This surge in demand for ERMM is being fueled by the urgent need to counteract risks stemming from virtual interactions, expanding partner networks, and the proliferation of sophisticated attack tactics like smishing and phishing-as-a-service.

  • The global ERMM industry is projected to experience a stable compound annual growth rate (CAGR) of 32.2% from 2022 to 2027.
  • China, India, Japan, and Australia continue to stand out as significant hubs in APAC, with high concentrations of large and midsized market enterprises, demonstrating substantial growth opportunities for ERMM vendors.

Source: Frost & Sullivan Research.

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Strategic Imperatives Impacting the ERMM Realm:

Ensuring the effective allocation of cybersecurity resources within integrated ERMM packages to target critical risk areas and address vulnerabilities.

Centralizing risk management processes within a single platform to gain a holistic view of the risk landscape and make informed decisions to protect digital assets.

Maximizing ERMM potential while mitigating risks of service commoditization due to increased vendor entries. 

Download now to explore the growth opportunities presented by ERMM solutions and learn how they can help safeguard your organization's digital assets in today's dynamic threat landscape.

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