Market Size And Forecast: Risk Management Information Systems (RMIS) 2024-2030 (Global)

Published 23 May 2025 by Elizabeth Babalola & Katelyn Johnson &
Insurance Risk Management Risk Management RMIS Market Size & Forecast

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Executive Summary

This report helps risk management professionals and investors understand the current state and future developments of the RMIS 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 RMIS software market was worth more than $0.6 billion in 2024 and will grow to $1.05 billion in 2030, at a CAGR of 9%.

Table of contents

Summary for decision-makers
RMIS software is a strategic tool for risk visibility, quantification and management

Market size data reflect revenues and trends from RMIS vendors
The RMIS software market was worth $0.6 billion in 2024
Firms’ desire for increased risk data visibility is driving the adoption of RMIS software
The RMIS software market will be worth $1.05 billion in 2030

Table of figures

Figure 1. RMIS and CMS have complementary functions
Figure 2. Regional breakdown
Figure 3. Verdantix market size and forecast methodology
Figure 4. RMIS market size by region: 2024 
Figure 5. RMIS market by industry: 2024 
Figure 6. Spend on RMIS software will increase over the next two years
Figure 7. RMIS market forecast by region: 2024-2030
Figure 8. RMIS market forecast by industry: 2024-2030

About the authors

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.

Katelyn Johnson

Senior Manager, Risk Management
Katelyn is the Senior Manager in the Verdantix Risk Management practice. Her current research agenda focuses on climate risk and its integration into risk management frameworks. Prior to joining Verdantix, Katelyn was a climate scientist at GNS Science in New Zealand. She has previously held roles in the energy industry, where she helped projects manage risk due to weather and ocean phenomena. Katelyn holds a PhD in Geology from Victoria University of Wellington and an MS in Earth Sciences from Ohio State University – both focusing on climate science – as well as a BS in Meteorology from Texas A&M University.

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