Corporate Insolvency Service Market Report 2026

The corporate insolvency service market size has grown strongly in recent years. It will grow from $12.45 billion in 2025 to $13.39 billion in 2026 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to increase in corporate financial distress cases, rising complexity of creditor structures, expansion of regulatory oversight frameworks, growth in cross-border insolvency proceedings, increasing reliance on professional restructuring services.

The corporate insolvency service market size is expected to see strong growth in the next few years. It will grow to $17.73 billion in 2030 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to rising adoption of predictive financial distress analytics, increasing digitization of legal and financial services, expansion of restructuring services for SMEs, growing demand for faster resolution timelines, increasing integration of AI-driven insolvency tools. Major trends in the forecast period include increasing adoption of digital insolvency management platforms, rising use of data analytics for creditor assessment, growing demand for automated case workflow management, expansion of virtual insolvency proceedings, enhanced focus on regulatory compliance and transparency.

The rising incidence of corporate bankruptcy is expected to drive the growth of the corporate insolvency service market in the coming years. Corporate bankruptcy is a legal procedure in which a business unable to pay its debts seeks relief from some or all of its liabilities through court-supervised proceedings. The increasing frequency of corporate bankruptcy is largely attributed to economic downturns, as reduced consumer spending and tighter credit conditions during such periods put pressure on companies' cash flows and profitability, making it challenging for them to meet financial obligations and resulting in a higher rate of business failures. Corporate insolvency services assist in managing corporate bankruptcy by providing regulatory oversight, ensuring fair and orderly insolvency processes, and supporting stakeholders in resolving financial distress efficiently. For example, in January 2025, according to The Insolvency Service, a UK-based government executive agency, there were 23,872 registered company insolvencies in England and Wales in 2024, including 18,840 creditors’ voluntary liquidations and 3,230 compulsory liquidations - a figure significantly above typical pre-pandemic levels. Therefore, the growing incidence of corporate insolvency is fueling the expansion of the corporate insolvency service market.

Key players in the corporate insolvency service market are prioritizing the development of innovative solutions, such as advanced risk assessment tools, to help businesses detect financial distress early and implement effective recovery strategies. Advanced risk assessment tools use software or methodologies to analyze a company’s financial and operational data, identifying potential signs of insolvency or financial instability at an early stage. For example, in May 2024, PKF Attest Auditores S.L.P., a Spain-based professional services firm, introduced its Corporate Insolvency Compliance Service to meet the growing demand for proactive financial risk management. The service is designed to support company executives and senior management in complying with the new European directive aimed at preventing insolvency. It consists of four key stages: an initial analysis of the company’s economic and financial situation to evaluate its health, a detailed risk mapping to identify potential vulnerabilities, the creation of customized protocols for social administrators and executives to act upon, and ongoing updates to ensure strategies remain aligned with the company’s evolving circumstances.

In April 2024, PKF Smith Cooper Limited, a UK-based professional services and business recovery technology firm, acquired BLB Advisory Limited for an undisclosed sum. This acquisition enables PKF Smith Cooper to bolster its business recovery and restructuring offerings by incorporating BLB Advisory’s insolvency expertise, expanding its regional presence with three new offices in the West Midlands, and improving support for distressed SMEs and owner-managed businesses in sectors such as manufacturing, transport, retail, and hospitality. BLB Advisory Limited, based in the UK, specializes in insolvency and restructuring technology, providing financial recovery solutions for small and medium enterprises.

Major companies operating in the corporate insolvency service market are Deloitte Touche Tohmatsu Limited., PricewaterhouseCoopers International Limited., Ernst And Young Global Limited., Klynveld Peat Marwick Goerdeler (KPMG), RSM International, FTI Consulting Inc., Houlihan Lokey Inc., Alvarez And Marsal LLC., Baker Tilly US LLP., Evelyn Partners, Kroll Inc., Crowe Global, Clifford Chance LLP, AlixPartners LLP, Begbies Traynor Group plc, FRP Advisory LLP, Johnston Carmichael LLP, BDO International Limited., ASC Group, Grant Thornton International Ltd.

North America was the largest region in the corporate insolvency service market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the corporate insolvency 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 corporate insolvency service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The corporate insolvency service market includes revenues earned by entities by providing services such as debt settlement management, legal processes assistance, and ensuring fair treatment of creditors and stakeholders. 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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