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The Risk Management Information System (RMIS) Market Will Surpass $1 Billion In 2030

Elizabeth Babalola

  • Blog
  • Risk Management
11, June 2025

The Risk Management Information System (RMIS) Market Will Surpass $1 Billion In 2030

The RMIS software market is steadily gaining traction, driven by a combination of rising total cost of risk (TCOR), increasingly complex global business operations, and growing demand for transparency and integration of risk-related data (see Verdantix Smart Innovators: Risk Management Information Systems (RMIS)).

In our 2025 market size and forecast report, the global RMIS software market is valued at $0.6 billion in 2024, with a projected compound annual growth rate (CAGR) of 9% through 2030. The report offers a detailed market segmentation, breaking down RMIS software spend across 16 key industries and 6 global regions, providing a comprehensive view of sector-specific and geographic adoption trends.

North America and Europe are identified as the fastest-growing regions, with projected CAGRs of 10% and 9% respectively. This accelerated growth is attributed to the complexity and diversity of risks within these markets, as well as continuous innovation by leading RMIS vendors headquartered in these regions – attracting a growing customer base. By 2030, North America is expected to retain its dominant market position, reaching $0.75 billion in market value and capturing approximately 72% of global RMIS spend.

Notably, the Asia region is emerging as a significant growth engine for RMIS, driven by rapid economic expansion, government-backed digital transformation initiatives and increased organizational awareness of risk management best practices. Markets such as China and India are making substantial investments in RMIS platforms to improve incident response, policy compliance and risk mitigation.

Looking ahead, the RMIS software market is positioned for steady growth, expected to reach $1.05 billion by 2030. This momentum will be underpinned by a global push for greater cohesion and centralization of risk data, enabling organizations to enhance visibility, streamline reporting and adopt more proactive approaches to risk management.

To explore more about how the RMIS software market is evolving, dive into our full 2025 market size and forecast report. 

Discover more Risk Management content

Elizabeth Babalola

Senior Analyst

Elizabeth is a Senior Analyst in the Verdantix Risk Management practice. Her current research agenda focuses on enterprise risk management, risk management information systems, organizational and strategic resilience, and global risk management trends. Prior to joining Verdantix, Elizabeth worked in corporate risk management roles across the financial and tech industries, where she gained hands-on experience of executing risk management strategies. She holds an MBA degree with a specialty in finance from the University of Lagos.

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