Banking, Financial Services, and Insurance (BFSI) Crisis Management Market Report 2026

The banking, financial services, and insurance (bfsi) crisis management market size has grown rapidly in recent years. It will grow from $15.45 billion in 2025 to $17.97 billion in 2026 at a compound annual growth rate (CAGR) of 16.4%. The growth in the historic period can be attributed to increasing regulatory compliance requirements, rising frequency of financial disruptions, expansion of digital banking operations, early adoption of enterprise risk management systems, growing need for operational resilience.

The banking, financial services, and insurance (bfsi) crisis management market size is expected to see rapid growth in the next few years. It will grow to $32.65 billion in 2030 at a compound annual growth rate (CAGR) of 16.1%. The growth in the forecast period can be attributed to increasing investments in ai-based crisis response platforms, rising focus on real-time threat intelligence, expansion of cloud-based continuity solutions, growing demand for integrated risk management systems, increasing adoption of predictive crisis analytics. Major trends in the forecast period include increasing adoption of ai-driven crisis monitoring tools, rising deployment of real-time risk assessment platforms, growing use of predictive analytics for crisis preparedness, expansion of automated incident response systems, enhanced focus on business continuity planning.

The increasing incidence of cybersecurity threats is expected to drive the growth of the banking, financial services, and insurance (BFSI) crisis management market in the coming years. Cybersecurity threats involve malicious activities or incidents that target computer systems, networks, or data with the intent to steal, modify, destroy, or otherwise cause harm. The rise in cybersecurity threats is largely attributed to accelerated digital transformation, growing sophistication among cyber attackers, and heightened regulatory requirements. Crisis management within the BFSI sector plays a critical role in addressing cybersecurity threats by enabling organizations to respond effectively, meet regulatory obligations, and maintain stakeholder trust. For example, in October 2025, according to the Australian Signals Directorate’s Australian Cyber Security Centre, Australia’s national authority on cybersecurity, entities were notified more than 1,700 times of potentially malicious cyber activity during FY2024-25, representing an 83% increase compared to the previous year. Therefore, the growing frequency of cyberattacks is fueling the expansion of the BFSI crisis management market.

Participants in the BFSI crisis management market are increasingly focusing on the development of climate technology solutions to mitigate financial risks associated with climate-related disruptions. Climate technology includes innovative tools and systems designed to address the impacts of climate change, such as renewable energy solutions, emissions reduction technologies, and climate risk management platforms. For instance, in October 2024, Adaptive Insurance, a UK-based technology-focused parametric insurance platform, launched GridProtect, a solution designed to protect insured entities from the financial impact of power outages caused by climate risks. This technology-driven offering aims to provide financial relief following grid disruptions, addressing gaps often left by traditional insurance policies. Adaptive Insurance highlighted that power outages in the United States affect an estimated 15 million businesses each month, resulting in significant economic losses.

In January 2024, Hitachi Payment Services, an India-based financial services provider, acquired Writer Corporation for an undisclosed amount. Through this acquisition, Hitachi Payment Services seeks to enhance its service portfolio by integrating Writer Corporation’s cash management capabilities, marking an important step in strengthening its position as a comprehensive payments and commerce solutions provider in India. Writer Corporation is an India-based company that delivers crisis management services across multiple industries, including banking, financial services, and insurance.

Major companies operating in the banking, financial services, and insurance (bfsi) crisis management market are Deloitte Touche Tohmatsu Limited, PricewaterhouseCoopers International Limited, KPMG International Limited, Capgemini SE, SAS Institute Inc., Software AG, LogicGate Inc., Everbridge Inc., MetricStream Inc., Resolver Inc., Fusion Risk Management Inc., Noggin Pty Ltd., Veoci Inc., Rockdove Solutions Inc., International Business Machines Corporation, 4C Group AB, Aon plc, Riskonnect, LogicManager Inc., F24 AG, Guidehouse, OnSolve, AlertMedia, BlackBerry AtHoc.

North America was the largest region in the banking, financial services, and insurance (BFSI) crisis management market in 2025. The regions covered in the banking, financial services, and insurance (bfsi) crisis 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 banking, financial services, and insurance (bfsi) crisis management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The banking, financial services, and insurance (BFSI) crisis management market consists of revenues earned by entities by providing services such as cyber security services, regulatory and compliance management, and crisis communication. The market value includes the value of related goods sold by the service provider or included within the service offering. The banking, financial services, and insurance (BFSI) crisis management market also includes sales of disaster recovery tools and fraud detection tools. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. 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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