Risk Management Market Report 2026

The risk management market size has grown rapidly in recent years. It will grow from $13.71 billion in 2025 to $15.36 billion in 2026 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to increasing regulatory complexity across industries, expansion of globalized business operations, rising exposure to cyber and operational risks, growth in corporate governance requirements, adoption of formal risk assessment frameworks.

The risk management market size is expected to see rapid growth in the next few years. It will grow to $23.96 billion in 2030 at a compound annual growth rate (CAGR) of 11.7%. The growth in the forecast period can be attributed to increasing demand for ai-driven risk intelligence, rising investments in cloud-native risk platforms, expansion of industry-specific risk solutions, growing focus on resilience and business continuity, increased emphasis on real-time compliance monitoring. Major trends in the forecast period include increasing adoption of enterprise risk management platforms, rising use of predictive risk analytics, growing demand for integrated compliance solutions, expansion of cloud-based risk management systems, enhanced focus on real-time risk monitoring.

The increasing prevalence of cyber threats is expected to drive the growth of the risk management market in the coming years. Cyber threats involve malicious activities that exploit vulnerabilities in computer systems, networks, or digital devices for purposes such as financial gain, espionage, operational disruption, or reputational damage. The rise in cyber threats is largely due to greater digitization, which expands the attack surface and provides cybercriminals with more targets. Risk management processes help organizations identify and assess various cyber threats, including malware, phishing attacks, data breaches, and insider threats. For example, in October 2025, the Australian Signals Directorate, an Australia-based government agency, reported that in FY2024-25, the Australian Cyber Security Centre (ACSC) received over 42,500 calls to the Australian Cyber Security Hotline, reflecting a 16% increase from the previous year. As a result, the growing prevalence of cyber threats is fueling the expansion of the risk management market.

Major companies operating in the risk management market are innovating new technologies, such as enterprise risk management (ERM) automation tools, to gain a competitive edge in the market. Enterprise risk management (ERM) automation tool is a software program that helps businesses, especially technology companies, automate the risk management process. For instance, in January 2024, Insurtech Koop Insurance, a US-based insurance company, launched a pioneering enterprise risk management (ERM) automation tool. To give technology customers an enjoyable risk management experience, the tool has features like contractual requirements management, risk event reporting, control implementation, and smart coverages. The tool is intended to support technology companies in managing risks more skillfully and adaptably, staying flexible, and maintaining their competitiveness in the rapidly evolving technology market.

In January 2023, S&P Global, a US-based capital market company, acquired TruSight Solutions LLC for an undisclosed amount. The acquisition was aimed at mutualizing costs, streamlining workflows, and getting rid of inefficiencies for its clients as part of S&P Global's strategic focus on offering creative, integrated solutions for risk management. It was also anticipated that the acquisition would increase the scope and complexity of S&P Global's third-party vendor risk management offerings. TruSight Solutions LLC is a US-based financial services company that offers risk management services.

Major companies operating in the risk management market are Allianz SE, AXA SA, Zurich Insurance Group, Munich Re Group, Swiss Re Ltd, Chubb Limited, Liberty Mutual Insurance, Travelers Companies Inc, Tokio Marine Holdings, FM Global, Hiscox Ltd, RSA Insurance Group, Marsh & McLennan Companies, Aon plc, Willis Towers Watson, Arthur J. Gallagher & Co, Lockton Companies, Verisk Analytics Inc, Risk Management Solutions, SAI Global, Protiviti, Capgemini SE.

North America was the largest region in the risk management market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the risk management market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the risk management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The risk management market includes revenues earned by entities by providing services such as risk data logging, effective project management facilitation, risk analysis, risk mitigation, compliance and regulatory services, and crisis management. The market value includes the value of related goods sold by the service provider or included within the service offering. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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