Risk Analytics Market Size

Risk Analytics Market size was over USD 54.29 billion in 2024 and is poised to exceed USD 259.86 billion by the end of 2037, growing at over 12.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of risk analytics is estimated at USD 59.85 billion.. The reason behind the growth is impelled by the rising generation of data. Large volumes of organized and unstructured data are being used more often which has necessitated the use of risk analytics to gain valuable insights, analyze, generate actionable findings, and develop appropriate tactics. According to estimates, every day, the world generates over 2 quintillion bytes of data.

The growing prevalence of black swan events are believed to fuel the market growth. Black swan events are unpredictable owing to their rarity and can result in huge setbacks and consequences therefore, risk managers recognize the need for more rigorous methods such as risk analytics to assist in contingency planning.