Risk Analytics Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

The global risk analytics market size reached approximately USD 40.31 Billion in 2024 and is projected to grow at a CAGR of 11.30% from 2025 to 2034, reaching a value of around USD 117.59 Billion by 2034. The increasing complexity of government regulations, the rise in cyber-attacks, and the growing reliance on big data analytics are key drivers of this market. Organisations are increasingly adopting machine learning and big data technologies to improve risk management decisions and enhance predictive capabilities. Risk analytics tools help businesses navigate emerging risks, optimise decision-making, and ensure regulatory compliance. As industries continue to face evolving threats and uncertainties, the demand for advanced risk analytics solutions will continue to rise, supporting market growth throughout the forecast period.

Risk Analytics Market Trends

The global risk analytics market is significantly influenced by increasing regulatory requirements across various sectors. Risk analytics solutions are becoming essential for businesses to comply with stringent regulations enforced by regulatory bodies, particularly in financial markets. These solutions help organisations identify and mitigate risks associated with financial crimes such as money laundering, fraud, and terrorist financing. The growing focus on GDPR and data privacy regulations further drives demand for robust risk analytics tools to ensure compliance. By leveraging advanced risk analytics, companies can better manage risks, safeguard sensitive data, and meet compliance standards, which is crucial in today’s highly regulated business environment. In May 2024, Aon plc launched a suite of risk analyser tools to help brokers assess exposure data, quantify loss potential, and improve risk management decisions. These tools, part of Aon's Actionable Analytics, assist clients in evaluating risk finance options, testing insurance structures, and optimising insurance programs, particularly in areas like property, casualty, health, and cyber risks.

The risk analytics market has seen significant growth due to the integration of advanced technologies like Artificial Intelligence (AI) and the Internet of Things (IoT) . These innovations enhance risk management solutions by enabling more accurate risk assessments. AI improves predictive capabilities, while IoT provides real-time data, allowing businesses to identify, assess, and mitigate risks more effectively. The adoption of these technologies is transforming how organisations approach risk, providing more efficient and proactive risk management strategies across various industries.

The expansion of 5G technology and the growing use of IoT devices have introduced new security challenges in the global risk analytics market. As organisations adopt 5G-Advanced and prepare for 6G, vulnerabilities, authentication issues, and threats to data integrity have become pressing concerns. Effective risk analytics solutions now incorporate enhanced encryption and secure APIs to mitigate these risks. By addressing these evolving security demands, businesses can ensure safer connectivity while leveraging the full potential of next-generation networks and connected technologies. Aon launched a suite of risk analyser tools in May 2024 to help brokers and risk managers assess exposures, simulate losses, and optimise insurance decisions. Unveiled at RIMS RiskWorld, the tools aimed to enhance risk insights, improve modelling, and support data-driven strategies across multiple insurance areas.

The COVID-19 pandemic significantly accelerated the global risk analytics market by highlighting the importance of crisis management and remote work capabilities. As organisations embraced digital transformation, the demand for cloud-based solutions grew rapidly, enabling real-time risk assessments. The surge in cyber threats and data privacy concerns further reinforced the need for robust risk analytics tools. These developments, driven by the pandemic, contributed to substantial market growth, as businesses increasingly relied on analytics to navigate uncertainty and enhance resilience in an evolving digital landscape. In March 2025, NatureAlpha launched Geoverse 2.0, an advanced analytics platform designed to help companies and investors assess nature-related risks. The AI-powered tool provided comprehensive, automated analysis across asset classes, addressing fragmented data concerns. It supported nature risk mitigation and compliance with future disclosure regulations, offering 99.5% accuracy across 8.5 million asset locations.

Market Concentration & Characteristics

The global risk analytics market is in a significant growth stage, driven by rapid technological advancements and the increasing complexity of risk-type applications across industries. With an evolving competitive landscape, organisations are seeking advanced risk analytics solutions and risk management solutions to strengthen their operational resilience. Innovation and collaboration are at the core of market expansion, with strategic partnerships playing a vital role in enhancing capabilities and reach. Companies are leveraging corporate intelligence to identify emerging threats and make data-driven decisions, particularly within the financial services sector. Microsoft Azure and AI technologies are further accelerating market development by enabling scalable, cloud-based platforms for real-time analysis. These innovations empower businesses to assess, predict and respond to risks more effectively. As demand continues to rise, the global risk analytics market is expected to see sustained growth, with companies focusing on integrated, intelligent tools that offer deep insights and improve overall risk management strategies. Wolters Kluwer launched iLien Borrower Analytics in January 2025 to streamline borrower onboarding using AI-powered automation. The solution enhanced UCC search and lien due diligence by delivering fast, standardised reports with actionable insights. It improved risk assessment, reduced manual processes, and supported lenders in making quicker, more accurate lending decisions while mitigating default risks.

Component Insights

Risk analytics software provides organisations with enhanced decision-making capabilities by integrating real-time data analysis, predictive modelling, and visualisation tools. These platforms support financial institutions and businesses in identifying, assessing, and mitigating diverse risks, including operational, credit, and cyber threats. In February 2025, Equity Data Science launched Nexus, a next-generation risk and portfolio management solution that integrated factor risk, internal research, and performance attribution into a unified platform. It enhanced data-driven decision-making for investment teams, offering real-time analysis, workflow optimisation, trade simulation, and performance tracking for improved portfolio risk management and strategic insights.

Risk analytics solutions offer a comprehensive approach to managing uncertainty across various industries. These tailored solutions combine advanced technologies like artificial intelligence, big data , and cloud computing to deliver accurate risk assessments. They enhance operational efficiency by enabling organisations to proactively identify potential threats, evaluate their impact, and implement mitigation strategies. Risk analytics solutions also support regulatory compliance, strengthen internal controls, and empower decision-makers with actionable insights. This improves resilience, reduces losses, and enhances long-term organisational sustainability.

Enterprise Insights

Large enterprises benefited significantly from risk analytics in the global market by gaining comprehensive insights into operational, financial, and strategic risks across their vast business landscapes. These organisations used advanced risk analytics solutions to enhance decision-making, comply with regulatory frameworks, and safeguard stakeholder value. In July 2024, GRESB launched its Transition Risk Analytics solution to help asset managers manage climate-related transition risks. The tool provided emissions and activity data across 11 high-emission sectors, supported regulatory compliance, and enabled bottom-up target setting. It helped forecast climate impact and guide sustainable investment strategies using granular, asset-level insights.

Small and Medium Enterprises (SMEs) leveraged risk analytics to gain competitive advantages through informed decision-making and enhanced agility. With limited resources, SMEs used risk analytics to identify vulnerabilities, manage financial exposure, and navigate regulatory challenges effectively. Cloud-based risk management solutions offered cost-efficiency and scalability, allowing SMEs to adopt advanced analytics without heavy infrastructure investment. These tools enabled quicker responses to market shifts, cyber threats, and operational disruptions, helping SMEs improve resilience, compliance, and long-term business sustainability.

Risk Type Application Insights

In the global risk analytics market, operational risk management benefits from advanced analytics by helping organisations identify, assess, and mitigate potential risks in their processes. By using data-driven insights, companies can enhance efficiency, reduce human error, optimise workflows, and ensure compliance. In October 2024, Kharon launched an API that provides direct access to its platform, delivering real-time global risk insights. This solution integrates Dynamic Exposure Scores, enhancing risk management operations across various sectors, including financial services, supply chains, and investment risk, with comprehensive data and AI-driven analytics.

Financial risk management benefits from global risk analytics by providing businesses with the tools to analyse market volatility, credit risks, and liquidity concerns. Real-time data analysis helps organisations detect early signs of financial instability, enabling them to take corrective actions. By integrating advanced algorithms and AI, companies can improve forecasting accuracy, optimise capital allocation, and reduce exposure to market fluctuations, enhancing financial resilience and supporting better risk-adjusted returns in investment portfolios.

Industry Vertical Insights

The BFSI sector benefits from global risk analytics by enhancing decision-making, improving risk identification, and ensuring regulatory compliance. By leveraging advanced analytics, financial institutions can predict market fluctuations, detect fraud, manage credit risk, and optimise investment strategies. In March 2025, EY India launched a customised AI-powered LLM tailored for the BFSI sector, enhancing customer service, operational efficiency, and risk management. The solution, built on Llama 3.1-8B, delivered up to 50% cost savings and was designed for flexible deployment, ensuring regulatory compliance.

In the retail sector, global risk analytics enables businesses to better understand market dynamics, optimise inventory management, and enhance supply chain resilience. By assessing potential risks, such as fraud, demand fluctuations, and operational disruptions, retailers can minimise losses and ensure smoother business operations. Advanced analytics also help retailers improve customer targeting, forecast trends, and maintain profitability while adapting to changing market conditions.

Deployment Type Insights

On-premises solutions in the global risk analytics market provide businesses with greater control over data security, privacy, and infrastructure. Organisations can tailor risk management systems to meet their specific needs while ensuring compliance with strict regulations. In July 2024, 360factors launched Lumify360, a predictive data analytics platform that integrated KPI and KRI data with strategic objectives. It enabled real-time insights, AI-driven recommendations, and automated workflows. Designed for mid-sized firms, it supported cloud and on-premise systems for enhanced decision-making.

Cloud-based solutions in the global risk analytics market offer scalability, flexibility, and cost-efficiency. By leveraging cloud technology, businesses can access powerful analytics tools without heavy upfront investments in infrastructure. Cloud platforms enable real-time data processing, collaboration across locations, and seamless updates. These solutions provide the agility needed to manage dynamic risks, improve disaster recovery capabilities, and facilitate the integration of external data sources, helping businesses stay ahead of emerging threats and optimise risk management strategies.

Regional Insights

The North American risk analytics market has witnessed substantial growth, driven by the widespread adoption of data-driven decision-making across various industries. Organisations are increasingly integrating advanced analytics into their operations to better understand potential risks and mitigate financial losses. Sectors such as banking, insurance, healthcare, and manufacturing are leading the adoption, leveraging predictive and prescriptive analytics to navigate regulatory complexity and enhance operational efficiency. The region benefits from a mature technological infrastructure and a strong ecosystem of analytics vendors offering cutting-edge solutions. Additionally, growing concerns over cybersecurity, fraud detection, and compliance have further accelerated demand for robust risk analytics tools. In January 2025, RiskSpan launched its advanced MSR Analytics Solution via the Edge Platform, transforming how mortgage servicing rights were evaluated. The solution offered granular loan-level insights, smart data mapping, robust pricing models, and scenario testing. It empowered stakeholders to enhance portfolio performance and make faster, data-driven MSR decisions with greater accuracy.

The U.S. Risk Analytics Market Trends

The U.S. risk analytics market continues to evolve as organisations prioritise proactive risk identification and strategic resilience. With increasing regulatory scrutiny and the complexities of managing vast data sets, businesses are turning to advanced analytics to enhance visibility and control over potential threats. Financial institutions are adopting real-time analytics for fraud detection, credit risk assessment, and compliance management. Meanwhile, sectors like healthcare and retail are employing these tools to manage operational and supply chain risks. The growing use of cloud computing, coupled with AI and machine learning integration, supports more dynamic and automated decision-making processes. Demand for scalable, intuitive, and secure platforms has created fertile ground for innovation and vendor expansion across the U.S.

Europe Risk Analytics Market Trends

Europe’s risk analytics market is shaped by a strong regulatory environment and an increasing focus on corporate governance and sustainability. Financial services remain a major driver, with institutions implementing risk models to ensure compliance with frameworks such as Basel III and GDPR. The shift towards digital transformation across industries has heightened the need for tools that can predict and manage risk with precision. European enterprises are showing increased interest in scenario analysis, stress testing, and risk quantification to support long-term strategy and resilience. The European Risk Management Council facilitated high-level discussions on emerging challenges, including AI, geopolitical uncertainty, Basel III, ESG risks, and systemic threats from digitalisation. It expanded globally with the Americas chapter, promoted knowledge sharing, and published expert insights on crisis management, risk regulation, and the SVB collapse.

The UK risk analytics market has been growing rapidly as businesses seek to manage regulatory complexity and economic uncertainty. Financial services firms lead in the adoption of advanced analytics, using them for credit scoring, fraud prevention, and compliance. There is also increasing uptake in sectors such as energy, manufacturing, and retail, where supply chain and operational risks are closely monitored. The push towards digital transformation has made cloud-based analytics platforms more attractive, while AI and machine learning continue to enhance predictive capabilities. Post-Brexit, UK businesses are placing greater emphasis on resilience planning and data governance, using analytics to navigate change and maintain competitive advantage in an evolving regulatory landscape.

Germany’s risk analytics market is marked by a strong emphasis on precision, data protection, and regulatory compliance. Financial institutions and large manufacturers are at the forefront, leveraging risk analytics for supply chain visibility, fraud detection, and operational efficiency. As a global industrial hub, Germany is increasingly utilising advanced analytics to anticipate disruptions and optimise processes. Cloud-based and AI-powered platforms are gaining popularity, supported by the country’s robust IT infrastructure. Regulatory requirements under European law also push firms to adopt transparent and auditable risk management systems. Overall, risk analytics is becoming integral to strategic planning and enterprise-wide governance across the German business landscape.

Asia Pacific Risk Analytics Market Trends

The Asia Pacific risk analytics market is experiencing rapid growth, fuelled by digital transformation and the increasing complexity of business operations. Emerging economies in the region are adopting advanced analytics to manage risks associated with regulatory changes, cybersecurity, and market volatility. Financial institutions, telecom providers, and public sector organisations are leading the charge. In September 2023, LexisNexis Risk Solutions launched its first Asia-Pacific data centre in India to meet rising demand for digital identity and fraud prevention solutions. It supported local compliance, enhanced data security, and enabled real-time fraud detection using advanced biometrics and identity intelligence technologies.

China’s risk analytics market is expanding swiftly as businesses adapt to a fast-changing regulatory and economic environment. The financial sector is a key adopter, using analytics for credit risk assessment, fraud prevention, and compliance with domestic regulations. With the rise of digital banking and e-commerce, demand for real-time analytics has surged. Chinese enterprises are embracing AI and big data technologies to strengthen internal controls and forecast emerging risks. Additionally, the government’s focus on financial stability and data sovereignty is encouraging local development and implementation of advanced, secure risk analytics platforms tailored to national priorities.

Key Risk Analytics Company Insights

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the risk analytics market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

Accenture

Accenture is a global professional services company offering a wide range of services in strategy, consulting, digital, technology, and operations. It supports clients across diverse industries in transforming their businesses through innovative technologies, analytics, and risk management solutions, helping them stay competitive and future-ready in an evolving market landscape.

ACL Services Ltd.

ACL Services Ltd. delivers governance, risk management, and compliance (GRC) software that enables organisations to gain insights from data, ensure regulatory adherence, and prevent fraud. Its solutions empower businesses to make informed decisions, manage risk proactively, and streamline audit processes with automation and advanced analytics tools tailored for enterprise needs.

AxiomSL

AxiomSL provides data integrity and control solutions for regulatory reporting, risk, and compliance. Its platform enables financial institutions to meet complex regulatory requirements efficiently. By integrating vast data sources and automating reporting workflows, AxiomSL helps firms enhance transparency, accuracy, and decision-making across their regulatory and risk management frameworks.

dba Galvanize

Galvanize, formerly known as ACL, delivers advanced software for integrated risk management, compliance, audit, and security. Its cloud-based platform helps organisations gain a comprehensive view of enterprise risks and ensures regulatory compliance. Galvanize empowers teams with data-driven insights to make smarter, more strategic governance and risk-related decisions.

IBM

IBM offers a comprehensive suite of enterprise risk analytics, AI, and cloud computing solutions. It supports organisations in navigating complex business challenges by providing tools that enhance operational efficiency, security, and decision-making. IBM’s technologies are pivotal in enabling predictive insights and robust risk management across various industries worldwide.

Key Risk Analytics Companies

• SAP SE
• Oracle Corporation
• IBM Corporation
• SAS Institute Inc.
• Provenir Group
• Risk Edge Solutions
• OneSpan Inc.
• Fidelity National Information Services, Inc.
• AcadiaSoft, Inc.
• Verisk Analytics, Inc.
• Accenture
• ACL Services Ltd.
• AxiomSL
• dba Galvanize
• Eurorisk Systems Ltd
• Gurucul
• Moody's Analytics
• Others

Recent Developments

• In February 2025 , Bloomberg launched MARS Climate, a new module in its risk management suite, to help financial firms assess the financial impacts of climate change. It enabled portfolio managers to analyse physical and transition risks, align with regulatory requirements, and access climate scenario modelling through the Bloomberg Terminal.
• In December 2024 , Crowe LLP and X-Analytics launched the Crowe Cyber Economic Risk Analyzer, integrating it with ServiceNow’s platform. The solution enabled organisations to quantify and manage cyber risk using economic exposure insights. It supported prioritised mitigation, enhanced governance, and business-aligned reporting, improving resilience in an increasingly complex cyber threat environment.
• In November 2024 , Zurich Resilience Solutions launched Climate Spotlight, a digital tool designed to help businesses and public entities manage climate risks. The platform provided climate data for risk mitigation and resilience planning, offering two products: a self-service dashboard and an expert version with customised insights and consultations.
• In August 2024 , Highwire launched AI-powered safety risk analytics, enhancing contractor management. The platform analysed safety documentation to offer detailed insights into contractor safety programs. This advancement helped companies make informed decisions, foster collaboration, and improve safety standards, aiming to reduce injury rates and create safer, more productive work environments.
• In July 2024 , Verisk Maplecroft launched AREA, a data solution assessing global risk exposure for over 50,000 public companies across 4 million+ assets. It mapped 85 political, environmental, human rights, and climate risks at subnational levels, helping investors identify vulnerabilities, enhance sustainability assessments, and optimise investment strategies through geospatial and economic risk insights.

Global Risk Analytics Market Report Segmentation

The global risk analytics market is expected to experience significant revenue growth, driven by key industry trends and technological advancements. According to Expert Market Research, market segmentation is based on components, risk types, applications, deployment types, and industry verticals, with analysis at global, regional, and country levels. Sub-segments, such as industry-specific applications, are gaining traction as businesses seek tailored solutions. This forecasted growth highlights the increasing demand for advanced risk management strategies across various regions.

Component Outlook (Revenue, Billion, 2025-2034)

• Solution
• Services
• Software

Enterprise Size Outlook (Revenue, Billion, 2025-2034)

• Large Enterprises
• Small and Medium Enterprises

Deployment Type Outlook (Revenue, Billion, 2025-2034)

• Cloud
• On-premises

Risk Type Application Outlook (Revenue, Billion, 2025-2034)

• Strategic Risks
• Financial Risks
• Operational Risks
• Compliance Risks
• Others

Industry Vertical Outlook (Revenue, Billion, 2025-2034)

• BFSI
• IT and Telecom
• Retail
• Healthcare
• Energy and Utilities
• Manufacturing
• Government and Defense
• Others

Region Outlook (Revenue, Billion, 2025-2034)

• North America

  

United States of America

  

Canada

• Europe

  

United Kingdom

  

Germany

  

France

  

Italy

  

Others

• Asia Pacific

  

China

  

Japan

  

India

  

ASEAN

  

Australia

  

Others

• Latin America

  

Brazil

  

Argentina

  

Mexico

  

Others

• Middle East and Africa

  

Saudi Arabia

  

United Arab Emirates

  

Nigeria

  

South Africa

  

Others