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

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Insurance Solutions
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Elizabeth Babalola
Elizabeth Babalola
Katelyn Johnson
Katelyn Johnson
23 May, 2025

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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%.
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
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

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 ...

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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...

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