×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

* Please use a valid business email

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

US Enterprise Risk Management Market

ID: MRFR/ICT/58147-HCR
200 Pages
Aarti Dhapte
October 2025

US Enterprise Risk Management Market Research Report By Type (Hazard Risk, Financial Risk, Operational Risk, Strategic Risks) and By Application (Banks, Credit Unions, Thrifts) - Forecast to 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

US Enterprise Risk Management Market  Infographic
×
US Enterprise Risk Management Market  Infographic Full View
Purchase Options

US Enterprise Risk Management Market Summary

As per Market Research Future analysis, the US enterprise risk-management market size was estimated at 1750.0 USD Million in 2024. The US enterprise risk-management market is projected to grow from 1840.13 USD Million in 2025 to 3040.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 5.1% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The US enterprise risk-management market is experiencing a transformative shift driven by technological integration and regulatory demands.

  • The integration of technology in risk management is reshaping traditional practices, enhancing efficiency and accuracy.
  • Regulatory compliance remains a critical focus, compelling organizations to adapt to evolving legal frameworks.
  • Cybersecurity risk management is emerging as a pivotal segment, reflecting the increasing threat landscape organizations face today.
  • The growing demand for risk assessment solutions and the rising importance of business continuity planning are key drivers of market expansion.

Market Size & Forecast

2024 Market Size 1750.0 (USD Million)
2035 Market Size 3040.0 (USD Million)
CAGR (2025 - 2035) 5.15%

Major Players

Risk Management Solutions (US), Aon (US), Marsh & McLennan Companies (US), Deloitte (US), KPMG (GB), PwC (GB), IBM (US), SAS Institute (US), Oracle (US)

US Enterprise Risk Management Market Trends

the enterprise risk-management market is experiencing a notable evolution, driven by the increasing complexity of risks faced by organizations. As businesses navigate a landscape characterized by rapid technological advancements and regulatory changes, the demand for robust risk management solutions appears to be on the rise. Companies are increasingly recognizing the necessity of integrating risk management into their strategic planning processes. This integration not only enhances decision-making but also fosters resilience against potential disruptions. Furthermore, the emphasis on compliance with regulatory frameworks is likely to propel the adoption of sophisticated risk management tools and methodologies. In addition, the growing awareness of cybersecurity threats is reshaping the enterprise risk-management market. Organizations are prioritizing the identification and mitigation of cyber risks, which are becoming more prevalent in today's digital environment. This shift suggests that risk management strategies must evolve to address not only traditional risks but also emerging threats. As a result, the market is witnessing a surge in demand for innovative solutions that can provide real-time insights and predictive analytics. Overall, the enterprise risk-management market is poised for continued growth as organizations strive to enhance their risk management capabilities and safeguard their operations against an array of potential challenges.

Integration of Technology in Risk Management

the enterprise risk-management market is witnessing the integration of advanced technologies such as artificial intelligence and machine learning. These innovations enable organizations to analyze vast amounts of data, identify potential risks, and develop proactive strategies. This trend suggests a shift towards more data-driven decision-making processes, enhancing the overall effectiveness of risk management.

Focus on Regulatory Compliance

There is a growing emphasis on regulatory compliance within the enterprise risk-management market. Organizations are prioritizing adherence to various regulations, which necessitates the implementation of comprehensive risk management frameworks. This focus indicates that businesses are not only aiming to mitigate risks but also to ensure they meet legal and industry standards.

Cybersecurity Risk Management

The rise in cyber threats has led to an increased focus on cybersecurity within the enterprise risk-management market. Organizations are recognizing the need to develop robust strategies to protect against data breaches and cyberattacks. This trend highlights the importance of incorporating cybersecurity measures into overall risk management practices, ensuring a holistic approach to risk mitigation.

US Enterprise Risk Management Market Drivers

Emergence of Regulatory Changes

the enterprise risk-management market is influenced by the emergence of regulatory changes. As governments and regulatory bodies introduce new compliance requirements, organizations are compelled to adapt their risk management frameworks accordingly. This trend is particularly evident in sectors such as finance and healthcare, where compliance is critical. The market is expected to grow by approximately 8% annually as companies invest in solutions that facilitate adherence to these regulations. The dynamic nature of regulatory landscapes necessitates continuous updates to risk management practices, thereby driving innovation within the enterprise risk-management market.

Growing Demand for Risk Assessment Solutions

The enterprise risk-management market is experiencing a notable increase in demand for risk assessment solutions. Organizations are recognizing the necessity of identifying and mitigating potential risks to ensure operational continuity. In 2025, the market for risk assessment tools is projected to reach approximately $5 billion, reflecting a growth rate of around 12% annually. This surge is driven by the need for businesses to comply with evolving regulations and to protect their assets from unforeseen threats. As companies increasingly adopt a proactive approach to risk management, the enterprise risk-management market is likely to expand, offering innovative solutions that cater to diverse industry needs.

Increased Focus on Data-Driven Decision Making

In the enterprise risk-management market, there is a marked shift towards data-driven decision making. Organizations are leveraging advanced analytics and big data technologies to enhance their risk management strategies. By utilizing data insights, companies can better predict potential risks and make informed decisions that align with their strategic objectives. This trend is expected to contribute to a market growth of approximately 10% annually, as firms invest in sophisticated tools that facilitate real-time risk analysis. The integration of data analytics into risk management processes is likely to redefine how organizations approach risk, thereby driving the enterprise risk-management market forward.

Adoption of Integrated Risk Management Frameworks

the enterprise risk-management market is characterized by the adoption of integrated risk management frameworks. Organizations are recognizing the benefits of consolidating various risk management processes into a cohesive strategy. This approach not only enhances efficiency but also provides a holistic view of risks across the enterprise. The market for integrated risk management solutions is projected to grow by 15% annually, as businesses seek to streamline their operations and improve risk visibility. By embracing integrated frameworks, organizations can better align their risk management efforts with overall business objectives, thereby fostering a more resilient enterprise risk-management market.

Rising Importance of Business Continuity Planning

the enterprise risk-management market is experiencing a heightened emphasis on business continuity planning. Organizations are increasingly aware of the need to develop robust strategies that ensure resilience in the face of disruptions. This focus is reflected in the growing investment in continuity planning solutions, which is projected to reach $3 billion by 2026. Companies are prioritizing the establishment of comprehensive frameworks that address potential risks, thereby safeguarding their operations and reputation. As the landscape of risks evolves, the enterprise risk-management market is likely to adapt, offering tailored solutions that support effective business continuity planning.

Market Segment Insights

By Type: Financial Risk (Largest) vs. Operational Risk (Fastest-Growing)

The US enterprise risk-management market is segmented into various types, including Hazard Risk, Financial Risk, Operational Risk, and Strategic Risks. Financial Risk currently dominates the market due to increasing complexities in financial instruments and economic uncertainties that necessitate robust risk management strategies. Operational Risk is also significant, reflecting organizations' need to manage internal processes and systems effectively. In terms of growth trends, Operational Risk is emerging as the fastest-growing segment, driven by the rise of digitalization and automation, which introduces new vulnerabilities. Additionally, heightened regulatory requirements and the demand for integrated risk management solutions fuel the expansion of both Financial and Operational Risks. Organizations are increasingly recognizing the importance of maintaining a strong risk posture to safeguard against operational disruptions and financial losses.

Financial Risk: Dominant vs. Operational Risk: Emerging

Financial Risk represents the largest segment within the US enterprise risk-management market, characterized by its focus on issues like credit, market fluctuations, and liquidity. Companies prioritize financial risk management to ensure compliance with regulations and to minimize potential losses. Meanwhile, Operational Risk is on an upward trajectory, emerging as the fastest-growing segment. This reflects a shift in organizational focus toward managing risks associated with internal processes, systems, and people. As businesses adopt digital tools and face evolving threats like cyber-attacks, the demand for comprehensive operational risk management frameworks becomes crucial. Both segments are crucial as organizations strive to build resilience and adaptability in an increasingly complex risk landscape.

By Application: Banks (Largest) vs. Credit Unions (Fastest-Growing)

In the US enterprise risk-management market, the distribution of market share among banks, credit unions, and thrifts reveals that banks hold the largest share due to their extensive customer base and the need for robust risk management practices. Credit unions, while smaller in share compared to banks, have been gaining attention and market presence, particularly in consumer financial services, which strengthens their position in this sector. Growth trends indicate that credit unions are experiencing a faster expansion due to their adaptability and member-driven services. The move towards digital transformation and financial technology solutions has also benefitted these institutions significantly, allowing them to compete effectively against larger banks. The increasing focus on regulatory compliance and risk mitigation strategies continues to propel growth across the segment, particularly for credit unions that are investing in innovative risk management solutions.

Banks: Dominant vs. Credit Unions: Emerging

Banks are the dominant force in the US enterprise risk-management market, characterized by their comprehensive risk assessment frameworks and extensive resources allocated to risk mitigation. They leverage advanced technologies and employ experienced risk management professionals to navigate complex regulatory requirements. On the other hand, credit unions are emerging as strong competitors, primarily due to their community-focused services and personalized risk management strategies. They are increasingly adopting innovative solutions to enhance member security and reduce exposure to financial risks. The ongoing efforts to modernize their technology infrastructure position them well for growth, making their market presence increasingly significant in an environment where agility and member engagement are critical for success.

Get more detailed insights about US Enterprise Risk Management Market

Key Players and Competitive Insights

The enterprise risk-management market is currently characterized by a dynamic competitive landscape, driven by the increasing complexity of risks faced by organizations across various sectors. Key players are actively engaging in strategies that emphasize innovation, digital transformation, and strategic partnerships to enhance their service offerings. For instance, Risk Management Solutions (US) has been focusing on integrating advanced analytics into its risk assessment tools, thereby improving predictive capabilities. Similarly, Aon (US) is leveraging its global reach to provide tailored risk solutions, which positions it favorably against competitors. The collective strategies of these companies contribute to a competitive environment that is increasingly reliant on technological advancements and customer-centric approaches.In terms of business tactics, companies are adopting localized strategies to better serve regional markets, optimizing their supply chains to enhance efficiency and responsiveness. The market structure appears moderately fragmented, with several key players holding substantial market shares while also facing competition from emerging firms. This fragmentation allows for a diverse range of services and solutions, catering to the varied needs of clients across different industries.

In October Marsh & McLennan Companies (US) announced a strategic partnership with a leading technology firm to develop a new risk management platform that utilizes artificial intelligence for real-time risk assessment. This move is significant as it not only enhances Marsh's technological capabilities but also positions the company as a frontrunner in the integration of AI within risk management solutions. The partnership is likely to attract clients seeking innovative and efficient risk management tools.

In September Deloitte (US) launched a comprehensive risk advisory service aimed at helping organizations navigate regulatory changes and compliance challenges. This initiative underscores Deloitte's commitment to providing value-added services that address the evolving needs of clients. By focusing on regulatory compliance, Deloitte strengthens its market position and enhances its reputation as a trusted advisor in the risk management space.

In August IBM (US) unveiled a new suite of risk management solutions that incorporate blockchain technology to enhance transparency and security in risk transactions. This strategic development is indicative of IBM's focus on leveraging cutting-edge technologies to differentiate its offerings. The integration of blockchain could potentially revolutionize how organizations manage and mitigate risks, thereby setting a new standard in the industry.

As of November the competitive trends within the enterprise risk-management market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances are playing a crucial role in shaping the landscape, enabling companies to pool resources and expertise to deliver innovative solutions. Looking ahead, it is anticipated that competitive differentiation will evolve, with a shift from traditional price-based competition towards a focus on innovation, technological advancements, and supply chain reliability. This evolution suggests that companies that prioritize these aspects will likely gain a competitive edge in the marketplace.

Key Companies in the US Enterprise Risk Management Market include

Industry Developments

By acquiring AC Risk Management in May 2024, Marsh McLennan Agency strengthened its capacity to provide risk advice to the commercial real estate and construction industries in the United States.Soon after, in March 2025, Marsh published its Q4 2024 Management Liability bulletin, which highlighted increased D&O and employment practice liability concerns brought on by cybersecurity threats, AI governance, and climate initiatives.

Additionally, they backed the release of the US People Risk 2024 Report in May 2024, which emphasized how vital it is for businesses to have proactive strategies for handling cyber and leadership risks. PwC US unveiled its ERM-as-a-Service platform in February 2025, providing dashboards and real-time scenario planning to improve corporate risk resilience, particularly for clients in critical infrastructure.

SAP US introduced AI-powered predictive risk dashboards as part of its Risk Management package during its SAP NOW events in late 2024 and early 2025. These dashboards integrated real-time controls and compliance monitoring specifically designed for clients in the industrial and financial industries.

Oracle introduced new AI agents for salespeople in June 2025 as part of its Oracle Cloud portfolio, which includes NetSuite-based pricing tools, multilingual intelligence, and automated customer data processes. Oracle also revealed plans to invest billions of dollars in cloud infrastructure and artificial intelligence (AI) to expand OCI-AI capabilities worldwide, including U.S. corporate risk platforms.With M&A growth, AI-enabled frameworks, cloud-native advisory models, and scalable infrastructure investments to handle new leadership, cyber, and operational risks, these trends point to a dynamic ERM landscape in the United States.

Future Outlook

US Enterprise Risk Management Market Future Outlook

The Enterprise Risk Management Market is projected to grow at a 5.15% CAGR from 2025 to 2035, driven by regulatory compliance, technological advancements, and increasing awareness of risk mitigation.

New opportunities lie in:

  • Integration of AI-driven analytics for predictive risk assessment
  • Development of customized risk management software solutions
  • Expansion of training programs for risk management professionals

By 2035, the enterprise risk-management market is expected to be robust, reflecting strong growth and innovation.

Market Segmentation

US Enterprise Risk Management Market Type Outlook

  • Hazard Risk
  • Financial Risk
  • Operational Risk
  • Strategic Risks

US Enterprise Risk Management Market Application Outlook

  • Banks
  • Credit Unions
  • Thrifts

Report Scope

MARKET SIZE 2024 1750.0(USD Million)
MARKET SIZE 2025 1840.13(USD Million)
MARKET SIZE 2035 3040.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 5.15% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Risk Management Solutions (US), Aon (US), Marsh & McLennan Companies (US), Deloitte (US), KPMG (GB), PwC (GB), IBM (US), SAS Institute (US), Oracle (US)
Segments Covered Type, Application
Key Market Opportunities Integration of advanced analytics and artificial intelligence in enterprise risk-management market solutions.
Key Market Dynamics Growing emphasis on regulatory compliance drives innovation in enterprise risk-management solutions across various sectors.
Countries Covered US
Leave a Comment

FAQs

What was the market size of the US Enterprise Risk Management Market in 2024?

The US Enterprise Risk Management Market was valued at 1.55 USD Billion in 2024.

What is the expected market size of the US Enterprise Risk Management Market by 2035?

By 2035, the market is projected to reach a value of 3.25 USD Billion.

What is the expected CAGR for the US Enterprise Risk Management Market from 2025 to 2035?

The expected CAGR for the market during this period is 6.963 %.

Which segment of the US Enterprise Risk Management Market held the largest share in 2024?

Operational Risk held the largest share, valued at 0.5 USD Billion in 2024.

What will be the market value for Hazard Risk in 2035?

The market value for Hazard Risk is expected to reach 0.65 USD Billion by 2035.

Who are the key players in the US Enterprise Risk Management Market?

Major players include Marsh, SAP, PwC, and Riskonnect among others.

What is the projected market size for Financial Risk in 2035?

Financial Risk is anticipated to grow to 0.85 USD Billion by 2035.

What growth trends are anticipated in the US Enterprise Risk Management Market?

The market is expected to experience significant growth driven by increasing regulatory requirements and the need for integrated risk management solutions.

What challenges might the US Enterprise Risk Management Market face?

Challenges may include data privacy concerns and the complexity of risk management frameworks.

What is the expected market size for Operational Risk in 2035?

Operational Risk is projected to reach 1.05 USD Billion by 2035.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions