Market Size And Forecast: Claims Management Software (CMS) 2024-2030 (Global)

Access this research

Access all Enterprise Risk & GRC content with a strategic subscription or buy this single report

Need help or have a question about this report? Contact us for assistance

Executive Summary

This report helps risk management professionals and investors understand the current state and future developments of the CMS software market. The Verdantix market size and forecast model incorporates analysis of different market drivers, survey data, and disclosed and calculated revenue information to forecast the market’s growth by region and industry. Our research finds that the overall CMS software market was worth more than $4 billion in 2024 and will grow to $8 billion in 2030, at a CAGR of 12%. 
Summary for decision-makers
Software adoption elevates risk management oversight, claims management and compliance

Market size data reflect revenues and trends from CMS vendors
The CMS market was worth $4.25 billion in 2024
The continued growth of the CMS solution market is driven by the quest for efficiency
The CMS market will reach $8.22 billion in 2030
Figure 1. RMIS and CMS have complementary functions
Figure 2. Regional breakdown
Figure 3. Verdantix market size and forecast methodology
Figure 4. CMS market size by region: 2024
Figure 5. CMS market by industry: 2024 
Figure 6. CMS market forecast by region: 2024-2030
Figure 7. CMS market forecast by industry: 2024-2030

About the Authors

Elizabeth Babalola

Elizabeth Babalola

Senior Analyst

Elizabeth is a Senior Analyst at Verdantix, where she delivers in-depth research to support corporate executives in strengthening operational resilience, optimizing insurance ...

View Profile
Katelyn Johnson

Katelyn Johnson

Senior Manager

Katelyn is a Senior Manager at Verdantix, specializing in enterprise risk management and external risk and resilience. She helps executives navigate today’s evolving ris...

View Profile

Other related content

Webinar
Corporate Risk Leaders
Must-Have Technologies For Enterprise R...

As business resilience becomes more complex, so does the role of risk managers. Today’s risk teams are contending with an expanding set of challenges, including rising geopolitica...

Upcoming / 22 October, 2025

Industry Events
AI-First Platforms & Applications
Industry Webinar // Workplace Safety Vi...

Creating a technology-driven safety culture by establishing a resilient safety program Over two days, this forum explores the full safety journey—from building a strong safety cult...

Upcoming / 05 November, 2025

Industry Events
AI-First Platforms & Applications
Industry Webinar // Risk, Reputation, a...

Risk management is entering a new era. In today's hyperconnected world, the most critical threats no longer originate solely from traditional, structured data alone. Instead, they ...

22 September, 2025

Blog
Enterprise Risk & GRC
AI In GRC: Verdantix Green Quadrant Hig...

Generative AI fever has officially reached the governance, risk and compliance (GRC) market. Yet raw feature counts alone don’t predict which vendor will have most success in the m...

27 August, 2025

Press Release
Enterprise Risk & GRC
GRC Software Benchmark Reveals Leading ...

London, UK. The increasing interconnectedness of global business operations is intensifying corporate exposure to complex and multifaceted risks. Disruptive forces ranging from cli...

19 August, 2025

Blog
Enterprise Risk & GRC
Goldman Sachs Alternatives Acquires Maj...

On July 21, 2025, GRC software provider NAVEX announced that a consortium under Goldman Sachs Alternatives will acquire a majority stake in the firm. While US-based private equit...

04 August, 2025