Enterprise Risk Management Market Overview and Analysis:
The Enterprise Risk Management Market size was valued at USD 43.22 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 12.12% over the forecast period, 2023 to 2030.
ERM is a comprehensive approach that enables businesses to identify, assess, and prepare for potential losses, dangers, hazards, and other risks that may hinder their operations and objectives. It is a top-down strategy that aims to shape the overall risk position of a firm by mandating certain business segments to engage or disengage from specific activities.
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