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Risk Analytics Market To Double By 2030

UPDATED ON
May 17, 2023
Mployer Advisor
Mployer Advisor
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Some days, it seems like the world may be just a little less safe than it was the day before, which is a notion born out by increasing demand for catastrophe and war and terrorism coverage, for example. 

Accordingly, it is fitting that the global market for risk analytics software is forecast to more than double over the course of the decade, arriving at over $72 billion dollars projected annually by 2030 after only bringing in about $36 million in 2021.

This growth is spurred, of course, not only by the perception of increased risk, but also by the technological innovations that have made risk assessment processes and plans more efficient, more accurate, and more implementable than perhaps ever before.

You can read more about these developments here.

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