Market Size And Forecast: Claims Management Software (CMS) 2024-2030 (Global)
23 May, 2025
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Executive Summary
This report helps risk management professionals and investors understand the current state and future developments of the CMS software market. The Verdantix market size and forecast model incorporates analysis of different market drivers, survey data, and disclosed and calculated revenue information to forecast the market’s growth by region and industry. Our research finds that the overall CMS software market was worth more than $4 billion in 2024 and will grow to $8 billion in 2030, at a CAGR of 12%.
Summary for decision-makers
Software adoption elevates risk management oversight, claims management and compliance
Market size data reflect revenues and trends from CMS vendors
The CMS market was worth $4.25 billion in 2024
The continued growth of the CMS solution market is driven by the quest for efficiency
The CMS market will reach $8.22 billion in 2030
Software adoption elevates risk management oversight, claims management and compliance
Market size data reflect revenues and trends from CMS vendors
The CMS market was worth $4.25 billion in 2024
The continued growth of the CMS solution market is driven by the quest for efficiency
The CMS market will reach $8.22 billion in 2030
Figure 1. RMIS and CMS have complementary functions
Figure 2. Regional breakdown
Figure 3. Verdantix market size and forecast methodology
Figure 4. CMS market size by region: 2024
Figure 5. CMS market by industry: 2024
Figure 6. CMS market forecast by region: 2024-2030
Figure 7. CMS market forecast by industry: 2024-2030
Figure 2. Regional breakdown
Figure 3. Verdantix market size and forecast methodology
Figure 4. CMS market size by region: 2024
Figure 5. CMS market by industry: 2024
Figure 6. CMS market forecast by region: 2024-2030
Figure 7. CMS market forecast by industry: 2024-2030
Insurance Regulatory and Development Authority of India (IRDAI), Duck Creek, Guidewire, LSEG, Vista Equity Partners, US Federal Bureau of Investigation (FBI), McKinsey & Company, US Federal Bureau of Investigation, AM Best, Sapiens, Pega, Actineo, LexisNexis, Verisk Analytics, International Monetary Fund (IMF), KGiSL, North American Industry Classification System (NAICS), Cigna
About the Authors
Elizabeth Babalola
Senior Analyst
Elizabeth is a Senior Analyst at Verdantix, where she delivers in-depth research to support corporate executives in strengthening operational resilience, optimizing insurance …
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Katelyn Johnson
Senior Manager
Katelyn is a Senior Manager at Verdantix, specializing in enterprise risk management and external risk and resilience. She helps executives navigate today’s evolving ris…
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