Report

Global risk analytics market is projected to witness a CAGR of 9.16% during the forecast period 2025-2032, growing from USD 35.16 billion in 2024 to USD 70.89 billion in 2032. The global risk analytics market is driven by various factors such as an increased risk of regulatory compliance due to investment, increased risk of the business as it gets more complicated; as well as investment management business as big data and AI transforming large-scale incidents, cyber security threats and demand of real-time and predictive?risk analysis from financial and non-financial sectors.
The global risk analytics market is gaining momentum due to a sharp focus on risk rules, regulations, and policies across industries. These are tools to help companies discover, evaluate, and respond to various kinds of risks, including financial and compliance risks, in their operation. As regulatory pressures continue to mount and digital operations accelerate, strategic operations transformation is a necessity for all businesses. Advanced technologies such as AI, machine learning, and big data are changing the way contemporary industries work. Industries including finance, insurance, manufacturing, and healthcare are effectively applying risk analytics today. It's about increasing resilience, making more effective decisions, and being compliant in an ever-changing risk environment.
For instance, in April 2023, Deloitte LLP teamed up with Riskified Ltd. to assist e-commerce merchants in managing their fraud risk. With the collaboration, firms are able to benchmark their fraud risk with industry averages, based on where they are exposed and double down on defense. This approach helps strengthen fraud prevention and boost wider risk management for digital payments.
Expanding Role of Rising Need for Compliance with Regulations Boosts Market Growth
The growing requirement for organizations to adhere to strict regulatory updates is one of the key factors escalating the global risk analytics market. Governments and regulators worldwide have implemented legislation protecting personal information, financial transactions, and consumer rights. Under regulations such as GDPR, Basel III, SOX, and many others, organizations must monitor, report on, and manage a broad array of risks. Failure to comply will result in fines, legal ramifications and harm to reputation. With the increasing needs, companies are using sophisticated risk analytics to automate compliance tracking, find weaknesses, and deliver reports in real time. These are all tools that let firms manage risk proactively and stay ahead of regulatory changes and keep their responsibilities above board with regulators. The growing complexity and global nature of regulatory requirements are some of the main market drivers that are contributing to a substantial investment in risk analytics solutions for good governance and operational efficiency.
For instance, in June 2023, Mindware LLC formed a partnership with OneSpan Inc. to bring a suite of security solutions to the market, covering everything from identity verification and transaction signing to mobile security, e-signature workflows, and secure video collaboration. OneSpan's goal here is straightforward: deliver secure, user-friendly digital agreement experiences, helping clients speed up their digital revenue and run more efficiently.
Expanding Cyber and Digital Threats Fuel the Market Demand
The increasing prominence of digital and cyber threats has been supported by the growth of the global risk analytics market. As more companies and firms utilize automation, cloud, and monitor work from home practices, these companies and firms face increasing risk exposure to cyber breaches, data loss, and system vulnerability. Each of the resulting threats in terms of loss of time, money, and trust, are real. Companies need risk analytics tools to help them recognize anomalies and detect risk in order to anticipate potential threats and to act before there are negative consequences. Many of these solutions now include artificial intelligence and/or machine learning in order to provide companies with real time monitoring and actionable insights to take action for threats in an efficient, timely manner. As the number and severity of cyber threats continue to increase, companies view risk analytics as both necessary to reduce risk to sensitive data and the potential to their respective business.
For example, in May 2023, Gurucul Solutions Inc. released its Security Analytics and Operations platform on the Snowflake Data Cloud, which among other features offered customers Next-Gen SIEM, Open XDR, UEBA and Identity Analytics. The platform aggregates enterprise and security data in order for it to be analyzed and developed for real time threat detection, which includes standardized response for breach discovery. Gurucul has established solid technology partners with some of the best-known companies to offer customers integrated data and analysis.
The Service Segment is Leading the Global Risk Analytics Market
The service type segment is?leading the global risk analytics market. This part includes consulting, integration, support, and maintenance services,?which help businesses implement and execute risk analytics solutions effectively. These services provide customized solutions, easy deployment, and continued support, ensuring that businesses can remain nimble in an ever-changing compliance and threat environment. Service providers offer flexibility, expertise, and the ability to scale to be an extremely valuable segment that will continue to hold a significant share in the global risk analytics market.
For instance, in January 2025, Aon plc and Moody's Corporation launched a collaborative initiative focusing on integrated services to resolve complex credit risk management problems. By combining Aon's risk consulting services and Moody's advanced credit and data analytics and solutions, the collaboration is designed to help clients more accurately measure, monitor, and manage credit risks with greater efficiency.

North America to Hold a Major Share of the Global Risk Analytics Market
The North America region holds the largest share of the global risk analytics market and is the largest market, followed by Europe and APAC. The area's thriving financial, healthcare, and technology verticals have a high need for advanced risk analytics, compliance, cybersecurity, and operational issues. Moreover, a high number of the leading technology companies and solution providers are in North America and are actively shaping the cutting-edge implementation of risk Management Regulations, such as the US Health Insurance Portability and Accountability Act (HIPAA) and various state-level privacy Rules, also lead organizations to?strike into data protection and risk management aggressively. In addition, heightened spending on digital transformation and greater commitment toward proactive risk mitigation have further established North America as a leader in the world risk analytics market.
For example, in January 2025, Telefonica Tech S.A.U. and IBM established a collaboration agreement to advance the safety of quantum technology and improve analytic management of risk. The collaboration will include developing secure, future-oriented cybersecurity solutions that help organizations address potential quantum threats while also allowing organizations to further develop their ability to analyze and manage evolving digital risk.
Impact of U.S. Tariffs on Global Risk Analytics Market
U.S. tariffs on technology-related imports have introduced new challenges for the global risk analytics market, particularly for hardware-dependent components of analytics infrastructure. While many risk analytics solutions are software-driven, some rely on specialized hardware, such as servers, data storage units, or security chips, which may be imported. Tariffs on these goods can lead to increased production and operational costs for vendors, potentially delaying implementation timelines or raising service prices for end users.
Key Players Landscape and Outlook
The global risk analytics market has a competitive landscape, and there is a high risk of market change due to the fluctuating cost of raw materials. Key participants are competing on the basis of R&D to expand their product portfolio and deliver enhanced solutions that can better serve the mounting complexities of risk management in multiple industries. Companies in the market are increasingly focusing on joint ventures, mergers and?acquisitions, and partnerships to enhance their technical capabilities and target new markets. Service providers are concerned about incorporating current technologies, like AI, machine learning, and big data, into their platforms for more precise and real-time risk assessment. It's also very much focused on building solutions that are scalable, adaptable, and can be deployed to a wide range of industries, including banking, healthcare, manufacturing, and retail. Regulatory landscapes are tightening, and new cyber adversaries have some players focused more on compliance-based capabilities and cyber-warfare hardening.
For example, in January 2025, SNP Schneider-Neureither & Partner SE announced to continue its long-standing engagement with SAP SE to expand data management and transformation capabilities for RISE with SAP, focusing on SAP S/4HANA Public Cloud initiatives. SNP plans to expand and manufacture low-risk migrations with little disruptions and leverage SNP's Bluefield Methodology to not only provide historical data but also to understand the customer's business processes. SNP also has a new platform called SNP Kyano to help customers migrate data from third-party sources to SAP.