Climate Risk Analytics Market Forecasts to 2032 – Global Analysis By Component (Software and Services), Risk Type, Deployment Mode, Organization Size, Application, End User and By Geography
Description
According to Stratistics MRC, the Global Climate Risk Analytics Market is accounted for $2.99 billion in 2025 and is expected to reach $10.43 billion by 2032 growing at a CAGR of 19.4% during the forecast period. Climate Risk Analytics is a professional discipline that involves the systematic assessment, quantification, and interpretation of climate-related risks to natural, social, and economic systems. Utilizing advanced data modeling, geospatial analysis, and predictive simulations, it evaluates the potential impacts of extreme weather events, long-term climate variability, and environmental changes on assets, operations, and communities. By converting complex climate information into actionable insights, it supports informed decision-making, strategic planning, and risk mitigation for governments, businesses, and financial institutions. Climate Risk Analytics is essential for enhancing resilience, ensuring regulatory compliance, and guiding sustainable investments in an increasingly climate-sensitive world.
Market Dynamics:
Driver:
Increasing Climate Related Risks
The escalating frequency and severity of climate-related hazards, including floods, hurricanes, droughts, and heatwaves, are driving the demand for Climate Risk Analytics. Organizations and governments require sophisticated tools to assess and quantify exposure, vulnerability, and potential economic losses. By providing predictive insights, these analytics enable proactive planning and risk mitigation strategies. As climate variability intensifies, stakeholders increasingly rely on data-driven solutions to safeguard assets, ensure operational continuity, and enhance long-term resilience in a rapidly changing environmental landscape.
Restraint:
High Implementation Costs
The adoption of Climate Risk Analytics is constrained by substantial implementation costs. Developing and deploying advanced software, acquiring high-resolution climate data, and integrating predictive models into existing systems require significant capital and technical expertise. Smaller organizations and developing economies may face budgetary and resource limitations, limiting widespread adoption. Additionally, ongoing maintenance, updates, and staff training contribute to operational expenditures, creating financial barriers that slow market penetration.
Opportunity:
Corporate Sustainability Goals
Corporate sustainability initiatives present a significant growth opportunity for the market. Companies are increasingly aligning with environmental and governance (ESG) standards, requiring precise assessment of climate risks and their potential financial implications. Analytics solutions support sustainable decision-making and risk mitigation aligned with corporate responsibility objectives. By integrating climate risk insights into strategic planning, businesses can enhance resilience, and demonstrate compliance with stakeholder expectations, positioning themselves as leaders in the global sustainability movement.
Threat:
Integration Challenges
Integration challenges pose a critical threat to the effective deployment of climate risk analytics. Organizations often struggle to incorporate complex climate data and predictive models into existing IT infrastructure, financial systems, and operational workflows. Variability in data formats, standards, and sources can hinder seamless adoption, resulting in fragmented insights and delayed decision-making. Additionally, insufficient technical expertise and change management barriers may reduce the effectiveness of analytics solutions, potentially limiting their value in guiding risk mitigation and resilience-building initiatives.
Covid-19 Impact:
The COVID-19 pandemic affected the market in multiple ways. Supply chain disruptions and operational slowdowns temporarily delayed technology adoption, while budgets were reallocated to immediate health and economic priorities. Conversely, the pandemic heightened awareness of systemic risks and the importance of predictive analytics in crisis management. Organizations increasingly recognized the value of data-driven decision-making for resilience, prompting renewed investment in climate risk solutions. Overall, COVID-19 underscored the critical need for proactive risk assessment in uncertain global environments.
The asset valuation segment is expected to be the largest during the forecast period
The asset valuation segment is expected to account for the largest market share during the forecast period, as organizations increasingly rely on climate risk analytics to assess the vulnerability of physical assets and investments to climate hazards. By quantifying potential losses, organizations can prioritize risk mitigation measures and ensure accurate insurance and financial reporting. This segment’s dominance reflects the critical need to protect high-value assets from climate-induced disruptions, providing stakeholders with actionable insights to make informed decisions and strengthen long-term resilience.
The software segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the software segment is predicted to witness the highest growth rate, due to demand for cloud-based and predictive analytics tools enables real-time monitoring and scenario planning for climate risks. Software solutions streamline data integration, visualization, and reporting, offering organizations actionable insights to mitigate climate impacts effectively. Their flexibility and advanced analytical capabilities make them attractive across industries, driving rapid adoption. Continuous technological advancements in analytics platforms further bolster growth.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share, due to urbanization, and climate vulnerability in countries such as China, India, and Japan increase the demand for advanced climate risk assessment tools. Governments and businesses prioritize infrastructure protection and sustainable development initiatives, driving adoption. Investments in predictive modeling, geospatial analysis, and data-driven decision-making further enhance the region’s market growth. The combination of rising climate risks ensures Asia Pacific remains a dominant player in the global Climate Risk Analytics market.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to advanced technological infrastructure and significant investment in resilience-building initiatives fuel rapid market growth. Governments, financial institutions, and corporations increasingly adopt climate risk analytics for regulatory compliance, asset protection, and strategic planning. The presence of leading analytics providers and continued innovation in AI and predictive tools further accelerates adoption. North America’s proactive approach to climate risk management positions it as a key growth driver in the global market.
Key players in the market
Some of the key players in Climate Risk Analytics Market include Moody’s Analytics, S&P Global, MSCI, Verisk Analytics, Risk Management Solutions (RMS), Jupiter Intelligence, Cervest, Climate X, One Concern, Willis Towers Watson, Ortec Finance, Sust Global, AXA Climate, Swiss Re and ZestyAI.
Key Developments:
In November 2025, Arcadis has formed a global strategic alliance with Jupiter Intelligence to blend engineering expertise with advanced climate risk analytics, integrating high‑resolution data into digital solutions that help clients turn climate insights into actionable resilience planning, adaptive investment decisions, and smarter asset protection worldwide.
In October 2024, UNDP and Jupiter Intelligence have forged a partnership to arm developing countries with high‑resolution climate risk data and analytics, empowering smarter public finance decisions and strengthening resilience against floods, droughts heat and other hazards.
Components Covered:
• Software
• Services
Risk Types Covered:
• Physical Risk
• Transition Risk
• Liability Risk
Deployment Modes Covered:
• Cloud
• On-Premise
Organization Sizes Covered:
• Large Enterprises
• Small and Medium Enterprises
Applications Covered:
• Risk Assessment and Modeling
• Scenario Analysis and Stress Testing
• Portfolio Risk Management
• Asset Valuation
• Compliance and Reporting
• Climate Impact Forecasting
End Users Covered:
• Banking, Financial Services, and Insurance (BFSI)
• Energy and Utilities
• Government and Public Sector
• Manufacturing
• Agriculture and Food
• Real Estate and Construction
• Transportation and Logistics
• Other End Users
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Market Dynamics:
Driver:
Increasing Climate Related Risks
The escalating frequency and severity of climate-related hazards, including floods, hurricanes, droughts, and heatwaves, are driving the demand for Climate Risk Analytics. Organizations and governments require sophisticated tools to assess and quantify exposure, vulnerability, and potential economic losses. By providing predictive insights, these analytics enable proactive planning and risk mitigation strategies. As climate variability intensifies, stakeholders increasingly rely on data-driven solutions to safeguard assets, ensure operational continuity, and enhance long-term resilience in a rapidly changing environmental landscape.
Restraint:
High Implementation Costs
The adoption of Climate Risk Analytics is constrained by substantial implementation costs. Developing and deploying advanced software, acquiring high-resolution climate data, and integrating predictive models into existing systems require significant capital and technical expertise. Smaller organizations and developing economies may face budgetary and resource limitations, limiting widespread adoption. Additionally, ongoing maintenance, updates, and staff training contribute to operational expenditures, creating financial barriers that slow market penetration.
Opportunity:
Corporate Sustainability Goals
Corporate sustainability initiatives present a significant growth opportunity for the market. Companies are increasingly aligning with environmental and governance (ESG) standards, requiring precise assessment of climate risks and their potential financial implications. Analytics solutions support sustainable decision-making and risk mitigation aligned with corporate responsibility objectives. By integrating climate risk insights into strategic planning, businesses can enhance resilience, and demonstrate compliance with stakeholder expectations, positioning themselves as leaders in the global sustainability movement.
Threat:
Integration Challenges
Integration challenges pose a critical threat to the effective deployment of climate risk analytics. Organizations often struggle to incorporate complex climate data and predictive models into existing IT infrastructure, financial systems, and operational workflows. Variability in data formats, standards, and sources can hinder seamless adoption, resulting in fragmented insights and delayed decision-making. Additionally, insufficient technical expertise and change management barriers may reduce the effectiveness of analytics solutions, potentially limiting their value in guiding risk mitigation and resilience-building initiatives.
Covid-19 Impact:
The COVID-19 pandemic affected the market in multiple ways. Supply chain disruptions and operational slowdowns temporarily delayed technology adoption, while budgets were reallocated to immediate health and economic priorities. Conversely, the pandemic heightened awareness of systemic risks and the importance of predictive analytics in crisis management. Organizations increasingly recognized the value of data-driven decision-making for resilience, prompting renewed investment in climate risk solutions. Overall, COVID-19 underscored the critical need for proactive risk assessment in uncertain global environments.
The asset valuation segment is expected to be the largest during the forecast period
The asset valuation segment is expected to account for the largest market share during the forecast period, as organizations increasingly rely on climate risk analytics to assess the vulnerability of physical assets and investments to climate hazards. By quantifying potential losses, organizations can prioritize risk mitigation measures and ensure accurate insurance and financial reporting. This segment’s dominance reflects the critical need to protect high-value assets from climate-induced disruptions, providing stakeholders with actionable insights to make informed decisions and strengthen long-term resilience.
The software segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the software segment is predicted to witness the highest growth rate, due to demand for cloud-based and predictive analytics tools enables real-time monitoring and scenario planning for climate risks. Software solutions streamline data integration, visualization, and reporting, offering organizations actionable insights to mitigate climate impacts effectively. Their flexibility and advanced analytical capabilities make them attractive across industries, driving rapid adoption. Continuous technological advancements in analytics platforms further bolster growth.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share, due to urbanization, and climate vulnerability in countries such as China, India, and Japan increase the demand for advanced climate risk assessment tools. Governments and businesses prioritize infrastructure protection and sustainable development initiatives, driving adoption. Investments in predictive modeling, geospatial analysis, and data-driven decision-making further enhance the region’s market growth. The combination of rising climate risks ensures Asia Pacific remains a dominant player in the global Climate Risk Analytics market.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to advanced technological infrastructure and significant investment in resilience-building initiatives fuel rapid market growth. Governments, financial institutions, and corporations increasingly adopt climate risk analytics for regulatory compliance, asset protection, and strategic planning. The presence of leading analytics providers and continued innovation in AI and predictive tools further accelerates adoption. North America’s proactive approach to climate risk management positions it as a key growth driver in the global market.
Key players in the market
Some of the key players in Climate Risk Analytics Market include Moody’s Analytics, S&P Global, MSCI, Verisk Analytics, Risk Management Solutions (RMS), Jupiter Intelligence, Cervest, Climate X, One Concern, Willis Towers Watson, Ortec Finance, Sust Global, AXA Climate, Swiss Re and ZestyAI.
Key Developments:
In November 2025, Arcadis has formed a global strategic alliance with Jupiter Intelligence to blend engineering expertise with advanced climate risk analytics, integrating high‑resolution data into digital solutions that help clients turn climate insights into actionable resilience planning, adaptive investment decisions, and smarter asset protection worldwide.
In October 2024, UNDP and Jupiter Intelligence have forged a partnership to arm developing countries with high‑resolution climate risk data and analytics, empowering smarter public finance decisions and strengthening resilience against floods, droughts heat and other hazards.
Components Covered:
• Software
• Services
Risk Types Covered:
• Physical Risk
• Transition Risk
• Liability Risk
Deployment Modes Covered:
• Cloud
• On-Premise
Organization Sizes Covered:
• Large Enterprises
• Small and Medium Enterprises
Applications Covered:
• Risk Assessment and Modeling
• Scenario Analysis and Stress Testing
• Portfolio Risk Management
• Asset Valuation
• Compliance and Reporting
• Climate Impact Forecasting
End Users Covered:
• Banking, Financial Services, and Insurance (BFSI)
• Energy and Utilities
• Government and Public Sector
• Manufacturing
• Agriculture and Food
• Real Estate and Construction
• Transportation and Logistics
• Other End Users
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
200 Pages
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 End User Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Climate Risk Analytics Market, By Component
- 5.1 Introduction
- 5.2 Software
- 5.2.1 On-Premise
- 5.2.2 Cloud-Based
- 5.3 Services
- 5.3.1 Consulting
- 5.3.2 Integration and Implementation
- 5.3.3 Support and Maintenance
- 6 Global Climate Risk Analytics Market, By Risk Type
- 6.1 Introduction
- 6.2 Physical Risk
- 6.2.1 Acute Physical Risk
- 6.2.2 Chronic Physical Risk
- 6.3 Transition Risk
- 6.3.1 Policy and Regulatory Risk
- 6.3.2 Market Risk
- 6.3.3 Technology Risk
- 6.3.4 Reputation Risk
- 6.4 Liability Risk
- 7 Global Climate Risk Analytics Market, By Deployment Mode
- 7.1 Introduction
- 7.2 Cloud
- 7.3 On-Premise
- 8 Global Climate Risk Analytics Market, By Organization Size
- 8.1 Introduction
- 8.2 Large Enterprises
- 8.3 Small and Medium Enterprises
- 9 Global Climate Risk Analytics Market, By Application
- 9.1 Introduction
- 9.2 Risk Assessment and Modeling
- 9.3 Scenario Analysis and Stress Testing
- 9.4 Portfolio Risk Management
- 9.5 Asset Valuation
- 9.6 Compliance and Reporting
- 9.7 Climate Impact Forecasting
- 10 Global Climate Risk Analytics Market, By End User
- 10.1 Introduction
- 10.2 Banking, Financial Services, and Insurance (BFSI)
- 10.3 Energy and Utilities
- 10.4 Government and Public Sector
- 10.5 Manufacturing
- 10.6 Agriculture and Food
- 10.7 Real Estate and Construction
- 10.8 Transportation and Logistics
- 10.9 Other End Users
- 11 Global Climate Risk Analytics Market, By Geography
- 11.1 Introduction
- 11.2 North America
- 11.2.1 US
- 11.2.2 Canada
- 11.2.3 Mexico
- 11.3 Europe
- 11.3.1 Germany
- 11.3.2 UK
- 11.3.3 Italy
- 11.3.4 France
- 11.3.5 Spain
- 11.3.6 Rest of Europe
- 11.4 Asia Pacific
- 11.4.1 Japan
- 11.4.2 China
- 11.4.3 India
- 11.4.4 Australia
- 11.4.5 New Zealand
- 11.4.6 South Korea
- 11.4.7 Rest of Asia Pacific
- 11.5 South America
- 11.5.1 Argentina
- 11.5.2 Brazil
- 11.5.3 Chile
- 11.5.4 Rest of South America
- 11.6 Middle East & Africa
- 11.6.1 Saudi Arabia
- 11.6.2 UAE
- 11.6.3 Qatar
- 11.6.4 South Africa
- 11.6.5 Rest of Middle East & Africa
- 12 Key Developments
- 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 12.2 Acquisitions & Mergers
- 12.3 New Product Launch
- 12.4 Expansions
- 12.5 Other Key Strategies
- 13 Company Profiling
- 13.1 Moody’s Analytics
- 13.2 S&P Global
- 13.3 MSCI
- 13.4 Verisk Analytics
- 13.5 Risk Management Solutions (RMS)
- 13.6 Jupiter Intelligence
- 13.7 Cervest
- 13.8 Climate X
- 13.9 One Concern
- 13.10 Willis Towers Watson
- 13.11 Ortec Finance
- 13.12 Sust Global
- 13.13 AXA Climate
- 13.14 Swiss Re
- 13.15 ZestyAI
- List of Tables
- Table 1 Global Climate Risk Analytics Market Outlook, By Region (2024-2032) ($MN)
- Table 2 Global Climate Risk Analytics Market Outlook, By Component (2024-2032) ($MN)
- Table 3 Global Climate Risk Analytics Market Outlook, By Software (2024-2032) ($MN)
- Table 4 Global Climate Risk Analytics Market Outlook, By On-Premise (2024-2032) ($MN)
- Table 5 Global Climate Risk Analytics Market Outlook, By Cloud-Based (2024-2032) ($MN)
- Table 6 Global Climate Risk Analytics Market Outlook, By Services (2024-2032) ($MN)
- Table 7 Global Climate Risk Analytics Market Outlook, By Consulting (2024-2032) ($MN)
- Table 8 Global Climate Risk Analytics Market Outlook, By Integration and Implementation (2024-2032) ($MN)
- Table 9 Global Climate Risk Analytics Market Outlook, By Support and Maintenance (2024-2032) ($MN)
- Table 10 Global Climate Risk Analytics Market Outlook, By Risk Type (2024-2032) ($MN)
- Table 11 Global Climate Risk Analytics Market Outlook, By Physical Risk (2024-2032) ($MN)
- Table 12 Global Climate Risk Analytics Market Outlook, By Acute Physical Risk (2024-2032) ($MN)
- Table 13 Global Climate Risk Analytics Market Outlook, By Chronic Physical Risk (2024-2032) ($MN)
- Table 14 Global Climate Risk Analytics Market Outlook, By Transition Risk (2024-2032) ($MN)
- Table 15 Global Climate Risk Analytics Market Outlook, By Policy and Regulatory Risk (2024-2032) ($MN)
- Table 16 Global Climate Risk Analytics Market Outlook, By Market Risk (2024-2032) ($MN)
- Table 17 Global Climate Risk Analytics Market Outlook, By Technology Risk (2024-2032) ($MN)
- Table 18 Global Climate Risk Analytics Market Outlook, By Reputation Risk (2024-2032) ($MN)
- Table 19 Global Climate Risk Analytics Market Outlook, By Liability Risk (2024-2032) ($MN)
- Table 20 Global Climate Risk Analytics Market Outlook, By Deployment Mode (2024-2032) ($MN)
- Table 21 Global Climate Risk Analytics Market Outlook, By Cloud (2024-2032) ($MN)
- Table 22 Global Climate Risk Analytics Market Outlook, By On-Premise (2024-2032) ($MN)
- Table 23 Global Climate Risk Analytics Market Outlook, By Organization Size (2024-2032) ($MN)
- Table 24 Global Climate Risk Analytics Market Outlook, By Large Enterprises (2024-2032) ($MN)
- Table 25 Global Climate Risk Analytics Market Outlook, By Small and Medium Enterprises (2024-2032) ($MN)
- Table 26 Global Climate Risk Analytics Market Outlook, By Application (2024-2032) ($MN)
- Table 27 Global Climate Risk Analytics Market Outlook, By Risk Assessment and Modeling (2024-2032) ($MN)
- Table 28 Global Climate Risk Analytics Market Outlook, By Scenario Analysis and Stress Testing (2024-2032) ($MN)
- Table 29 Global Climate Risk Analytics Market Outlook, By Portfolio Risk Management (2024-2032) ($MN)
- Table 30 Global Climate Risk Analytics Market Outlook, By Asset Valuation (2024-2032) ($MN)
- Table 31 Global Climate Risk Analytics Market Outlook, By Compliance and Reporting (2024-2032) ($MN)
- Table 32 Global Climate Risk Analytics Market Outlook, By Climate Impact Forecasting (2024-2032) ($MN)
- Table 33 Global Climate Risk Analytics Market Outlook, By End User (2024-2032) ($MN)
- Table 34 Global Climate Risk Analytics Market Outlook, By Banking, Financial Services, and Insurance (BFSI) (2024-2032) ($MN)
- Table 35 Global Climate Risk Analytics Market Outlook, By Energy and Utilities (2024-2032) ($MN)
- Table 36 Global Climate Risk Analytics Market Outlook, By Government and Public Sector (2024-2032) ($MN)
- Table 37 Global Climate Risk Analytics Market Outlook, By Manufacturing (2024-2032) ($MN)
- Table 38 Global Climate Risk Analytics Market Outlook, By Agriculture and Food (2024-2032) ($MN)
- Table 39 Global Climate Risk Analytics Market Outlook, By Real Estate and Construction (2024-2032) ($MN)
- Table 40 Global Climate Risk Analytics Market Outlook, By Transportation and Logistics (2024-2032) ($MN)
- Table 41 Global Climate Risk Analytics Market Outlook, By Other End Users (2024-2032) ($MN)
- Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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