Credit Risk Management Services Market Report 2026

The credit risk management services market size has grown rapidly in recent years. It will grow from $9.15 billion in 2025 to $10.32 billion in 2026 at a compound annual growth rate (CAGR) of 12.7%. The growth in the historic period can be attributed to increasing lending activities across sectors, rising complexity of credit portfolios, adoption of quantitative risk assessment frameworks, expansion of enterprise risk management practices, growing regulatory scrutiny on credit exposure.

The credit risk management services market size is expected to see rapid growth in the next few years. It will grow to $16.48 billion in 2030 at a compound annual growth rate (CAGR) of 12.4%. The growth in the forecast period can be attributed to increasing demand for real-time risk monitoring, rising investments in ai-driven risk analytics, expansion of integrated risk management platforms, growing focus on proactive default prevention, increasing outsourcing of credit risk services. Major trends in the forecast period include increasing use of advanced credit risk modeling techniques, rising adoption of cloud-based risk management services, growing integration of portfolio analytics platforms, expansion of regulatory compliance support services, enhanced focus on early default detection.

The swift growth of the banking sector is expected to drive the expansion of the credit risk management services market in the coming years. The banking sector comprises institutions that manage financial assets by accepting deposits, issuing loans, and providing various financial services to individuals, businesses, and governments. This rapid expansion is largely due to increased financial inclusion, as more previously underserved populations gain access to banking and credit facilities. Credit risk management services support this sector by offering advanced risk assessment tools that improve the accuracy of lending decisions. These services help minimize default risks by identifying high-risk borrowers early, thereby strengthening financial stability and operational efficiency. For example, in April 2024, UK Finance Limited, a UK-based trade organization, reported that digital-only bank accounts experienced significant growth, rising from 24% in 2023 to 36% in 2024. As a result, the rapid development of the banking sector is a key driver of the credit risk management services market.

Leading companies in the credit risk management services market are increasingly focusing on the development of advanced solutions powered by artificial intelligence (AI) to improve the speed and accuracy of credit evaluations. AI-powered tools are software applications that utilize artificial intelligence to analyze and enhance complex processes such as credit risk assessment. For instance, in March 2025, martini.ai, a US-based fintech company specializing in AI, launched Financials Agent, an AI-driven tool for analyzing credit risk. This tool enables financial professionals to swiftly assess a company’s financial health by allowing users to upload documents like 10-K filings. It automatically extracts critical data such as income, debt, liquidity, and cash flow to generate real-time credit risk reports. The tool flags issues such as high leverage or declining profitability, accelerating risk identification and streamlining credit evaluations by enhancing precision and enabling users to review and adjust key inputs as needed.

In January 2025, Aon plc, a UK-based risk management firm, entered into a strategic partnership with Moody’s Ratings to integrate their services for enhanced client solutions. This collaboration aims to strengthen credit risk management capabilities by merging Aon’s analytics and client-focused insights with Moody’s expertise in credit assessment. Moody’s Ratings, a US-based firm, is recognized for its specialization in credit rating and risk analytics.

Major companies operating in the credit risk management services market are Fair Isaac Corporation FICO, Experian plc, SAS Institute Inc., Oracle Corporation, SAP SE, Moody’s Analytics, TransUnion LLC, Equifax Inc., Finastra US Inc., IBM Corporation, Wolters Kluwer N V, Provenir, Credit Benchmark, RiskMetrics Group, AxiomSL, Protecht Group, RiskSpan, CreditRiskMonitor, CreditSights, Numerix, HighRadius, Esker, Quantifi, NICE Actimize, LogicManager.

North America was the largest region in the credit risk management services market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the credit risk management services market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the credit risk management services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The credit risk management services market includes revenues earned by entities through portfolio management, fraud detection and prevention, stress testing, credit assessment and scoring, risk modeling and analytics, regulatory compliance support, and the development of credit risk mitigation strategies. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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