The global Model Risk Management market size is predicted to grow from US$ 10410 million in 2025 to US$ 21510 million in 2031; it is expected to grow at a CAGR of 12.9% from 2025 to 2031.

Model Risk Management (MRM) is a structured and comprehensive process used by organizations to identify, assess, monitor, and mitigate risks associated with the use of mathematical models, statistical models, and computational algorithms in decision-making and operations. These models are commonly used in various industries, including finance, insurance, manufacturing, healthcare, and more, to support critical business functions such as risk assessment, pricing, forecasting, and optimization.

The adoption of advanced analytics and artificial intelligence (AI) is increasing in MRM. Machine learning algorithms are being used to automate aspects of model validation, enhance model monitoring, and improve risk assessment.

Infinity Market Research newest research report, the ?Model Risk Management Industry Forecast? looks at past sales and reviews total world Model Risk Management sales in 2024, providing a comprehensive analysis by region and market sector of projected Model Risk Management sales for 2025 through 2031. With Model Risk Management sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Model Risk Management industry.

This Insight Report provides a comprehensive analysis of the global Model Risk Management landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Model Risk Management portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms? unique position in an accelerating global Model Risk Management market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Model Risk Management and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Model Risk Management.

This report presents a comprehensive overview, market shares, and growth opportunities of Model Risk Management market by product type, application, key players and key regions and countries.

Segmentation by Type:

    Model Risk Governance Framework
    Model Development
    Model Validations
    Model Audit Support
    Others

Segmentation by Application:

    SMEs
    Large Enterprise

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

    Protiviti Inc
    IBM
    Baker Tilly
    CRISIL LIMITED
    WNS (Holdings) Ltd
    Oliver Wyman INC
    McKinsey Insights
    KPMG
    The MathWorks, Inc.
    PwC