Financial Modeling Service Market Report 2026

The financial modeling service market size has grown rapidly in recent years. It will grow from $2.36 billion in 2025 to $2.67 billion in 2026 at a compound annual growth rate (CAGR) of 13.1%. The growth in the historic period can be attributed to increasing complexity of corporate financial planning, rising merger and acquisition activity, growing demand for capital allocation analysis, expansion of spreadsheet-based financial analysis, increasing reliance on external financial advisory services.

The financial modeling service market size is expected to see rapid growth in the next few years. It will grow to $4.34 billion in 2030 at a compound annual growth rate (CAGR) of 12.9%. The growth in the forecast period can be attributed to increasing adoption of automated modeling platforms, rising demand from startups and SMEs, growing focus on real-time financial forecasting, expansion of cloud-native financial tools, increasing need for stress testing and sensitivity analysis. Major trends in the forecast period include increasing demand for scenario-based financial models, rising adoption of cloud-based financial modeling tools, growing focus on investment and valuation modeling, expansion of outsourced financial modeling services, enhanced use of data-driven assumption frameworks.

The increasing demand for data-driven decision-making is expected to drive growth in the financial modelling service market. Data-driven decision-making involves making choices based on data analysis rather than intuition or personal experience. This approach is gaining momentum as digital technologies such as cloud computing, mobile applications, and analytics platforms generate large volumes of both structured and unstructured data. Financial modelling services support this process by converting raw financial data into organized forecasts and scenarios, allowing businesses to make strategic decisions grounded in quantitative evidence. For example, in March 2024, the UK’s Department for Science, Innovation & Technology reported that data-driven companies (DDCs) generated approximately $455 billion (£343 billion) in annual turnover in 2023, representing 6% of the country’s total turnover. Over 80% of this revenue came from large data-driven firms located in London, the South East, and the East of England. Consequently, the rising demand for data-driven decision-making is propelling the financial modelling service market.

Leading players in the financial modelling service market are focusing on innovative solutions such as AI-powered financial modelling assistants to improve model precision, streamline processes, and offer real-time decision support. These AI-powered assistants are specialized generative AI platforms designed for financial professionals, capable of integrating diverse data sources, automating complex models, and delivering audit-ready analytical results. For instance, in July 2025, Anthropic Inc., a US-based AI company, launched Claude for Financial Services, an AI platform tailored for banks, insurers, asset managers, and fintech firms. Built on Claude 4 and Claude Code, it supports advanced financial modelling, research automation, compliance workflows, and investment analysis. The platform includes robust privacy measures to ensure client data remains confidential and is not used for model training.

In October 2024, Houlihan Lokey, a US-based investment bank and financial services firm, acquired Prytania Solutions Limited for an undisclosed sum. This acquisition aims to boost Houlihan Lokey’s structured products valuation capabilities by leveraging advanced machine learning technologies, strengthen its Financial and Valuation Advisory services, expand its presence in Europe, and better monetize data insights. Prytania Solutions Limited, based in the UK, specializes in machine learning models for valuation and financial modelling services.

Major companies operating in the financial modeling service market are JPMorgan Chase & Co., Accenture plc, Deloitte Touche Tohmatsu Limited, PWC LLP, Morgan Stanley, Ernst & Young Global Limited, KPMG International Limited, Capgemini SE, Aon plc, Willis Towers Watson Public Limited Company, Grant Thornton LLP, Baker Tilly International Limited, FTI Consulting Inc., Alvarez & Marsal Holdings LLC, Protiviti Inc., Crowe LLP, Mercer & Hole Group Limited, Rothschild & Co SCA, Teneo Holdings LLC, Bain & Company Inc., LEK Consulting LLC.

North America was the largest region in the financial modelling service market in 2025. The regions covered in the financial modeling service market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the financial modeling service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The financial modelling service market includes revenues earned by entities by providing services, such as business valuation, project finance structuring, budgeting and planning, cash flow forecasting, and sensitivity analyses. 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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