The Philippines enterprise risk management market size was valued at USD 27.01 Million in 2025. The industry is expected to grow at a CAGR of 7.20% during the forecast period of 2026-2035 to attain a valuation of USD 54.13 Million by 2035.
The surging support from international agencies for strategically planning disaster risks, optimising the deployment of resources, and communicating more efficiently will impact the Philippines enterprise risk management market. In October 2024, the U.S. Agency for International Development (USAID) partnered with the Philippine Disaster Resilience Foundation and the Philippine Office of Civil Defense to launch the PHP 45 million Cooperation for Resilience via Public-Private Partnerships. This helped enhance disaster response by reinforcing the collaboration between public and private sectors. The increasing focus of companies on deploying simulations and scenario planning while anticipating potentials disruptions will also benefit the market growth.
The Philippines enterprise risk management market revenue is expected to expand with rising number of digital transformation initiatives to align with the rapid technological advancements and process improvements. According to industry reports, 68% of organisations across the country struggled with employee resistance during digital transformation initiatives in 2023. To that end, Philippines is increasingly deploying cutting-edge and digital technologies for strengthening critical event management and disaster preparedness. The growing compliance of companies with several laws and regulations governing risk management while preventing legal consequences and ensuring ethical business practices will play a key role in uplifting the market share.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
7.2%
Value in USD Million
2026-2035
*this image is indicative*
| Philippines Enterprise Risk Management Market Report Summary |
Description |
Value |
|
Base Year |
USD Million |
2025 |
|
Historical Period |
USD Million |
2019-2025 |
|
Forecast Period |
USD Million |
2026-2035 |
|
Market Size 2025 |
USD Million |
27.01 |
|
Market Size 2035 |
USD Million |
54.13 |
|
CAGR 2019-2025 |
Percentage |
XX% |
|
CAGR 2026-2035 |
Percentage |
7.20% |
|
CAGR 2026-2035 - Market by Industry Vertical |
IT and Telecom |
8.1% |
|
CAGR 2026-2035 - Market by Offering |
Services |
8.1% |
The Philippines enterprise risk management market value is expanding with the growing partnerships aimed at increasing resilience, building capacities, and increasing awareness on business-led humanitarian actions. In August 2024, UNICEF collaborated with the Philippine Disaster Resilience Foundation (PDRF) for launching a first-of-its-kind collaboration to enhance resilience building with businesses and communities across East Asia and the Pacific.
The increasing regulatory support to facilitate better risk management for improved productivity across industries of all sizes will influence the Philippines enterprise risk management market outlook. In October 2024, Philippines’ Bureau of Fisheries and Aquatic Resources (BFAR) and FAO launched the country’s first National Plan of Action for Small-Scale Fisheries (NPOA-SSF) to strengthen the role of small-scale fisheries in disaster risks and climate change.
The rising incursion of latest technologies, such artificial intelligence for real-time monitoring of alerts and continuous learning is playing a key role in Philippines enterprise risk management market growth. In February 2025, Singapore-based AI technology firm Helport AI unveiled advanced AI-driven solutions for the debt collection market in the Philippines. The new solutions help streamline operations, decrease costs, and enhance customer experiences whilst ensuring compliance with local regulations.
The Philippines enterprise risk management market is driven by the surging number of cybercrimes reported in several industries. According to industry reports, cybercrimes in the country surged by 68.98% in 2023, recording 19,472 incidents when compared to 11,523 cases in 2022. The popularity of cybersecurity risk management is, thus, picking pace as it assists in identifying, analysing, evaluating, and addressing the cybersecurity threats of organizations.
The rise in the number of data centres is helping enterprises with recovery of critical risk management systems during disruptions, further adding to the growth of the Philippines enterprise risk management industry. In April 2025, Philippines opened its first GPU-powered AI-driven hyperscale data centre to mark its position as a regional leader in technology innovation and digital infrastructure. Moreover, the Filipino government has been offering unwavering support to local authorities in the country for strengthening their risk management capacities.
The EMR’s report titled “Philippines Enterprise Risk Management Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Breakup by Offering
Key Insight: The Philippines enterprise risk management market outlook will be influenced by the growing need for solutions that assist organisations in identifying, mitigating and remediating business risks for improved business performance. ERM solutions deliver comprehensive insights into risk interdependencies as well as impacts to offer a holistic view of risks in the entire organisation. ERM platforms are gaining traction because they offer end-to-end visibility into risk exposures, allowing stakeholders to analyze how various risks interconnect and affect strategic objectives. These solutions help in identifying emerging threats, quantifying their impact, and formulating targeted mitigation strategies that align with business goals.
Breakup by Deployment Type
Key Insight: According to the Philippines enterprise risk management industry analysis, the preference for on-premise deployment will rise to offer enhanced security measures as well as easier compliance with industry regulations. On-premises ERM solutions are also favoured for ensuring constant data access without internet connectivity, which is important for businesses with privacy concerns and strict security. Furthermore, as regulatory bodies in the Philippines increase scrutiny on data governance and risk protocols, companies see on-premise systems as a more reliable path to achieving consistent audit readiness and industry-specific compliance.
Breakup by Enterprise Size
Key Insight: Large enterprises are recording significant adoption of enterprise risk management due to the rising need for communication tools for identifying, analysing, responding to as well as controlling internal and external risks. ERM also allows large businesses in making better decisions at the management and board levels. By consolidating risk data and providing a holistic view of potential threats across business units, these systems help leaders prioritize issues, allocate resources more effectively, and ensure alignment with corporate governance standards.
Breakup by Industry Vertical
Key Insight: The Philippines enterprise risk management industry expansion will be influenced by the surging emphasis laid by the BFSI sector on implementing robust IT controls and fraud management systems to monitor and mitigate risks associated with high-volume and high-value complex digital transactions. In January 2025, the Bangko Sentral ng Pilipinas (BSP) proposed amendments to the existing regulations on the information technology risk management of the bank to combat financial account fraud.
|
CAGR 2026-2035 - Market by |
Industry Vertical |
| IT and Telecom |
8.1% |
| Healthcare |
7.7% |
| BFSI |
XX% |
| Retail |
XX% |
| Manufacturing |
XX% |
| Others | XX% |
Proactive Risk Management and ESG Focus Drive ERM Services Demand in the Philippines
The demand for ERM services in the Philippines will grow attributable to the strong focus of organisations to assess, identify, prioritise and respond to risks proactively to meet the most critical objectives and day-to-day operations. Additionally, the emphasis on environmental, social, and governance (ESG) factors, along with the need for robust cybersecurity frameworks, is prompting companies to invest in specialized ERM services to ensure sustainable and secure operations. For instance, the 2024 CyberSecPhil Conference in Makati City brought together cybersecurity leaders to discuss strategies for fortifying digital defenses, highlighting the growing importance of risk assurance services.
Cloud-Based ERM Solutions Poised for Strong Growth in the Philippines
Cloud-based enterprise risk management will gain ground across the country due to their ability to offer real-time access to vital information while facilitating quick and informed decision-making. In October 2023, PLDT’s ICT subsidiary ePLDT became the first Filipino corporation to launch ePLDT Pilipinas Cloud (ePPC). This rising rate of cloud migration will fuel the segment growth.
MSME Expansion Fuels Demand for Enterprise Risk Management in the Philippines
The growing efforts of small and medium-sized enterprises to assess risks and allow business leaders to make informed decisions to align with their strategic objectives will drive the Philippines enterprise risk management market. According to industry reports, out of the total 1,246,373 business enterprises operating in 2023 across the country, 1,241,733 accounted for micro, small and medium enterprises (MSMEs). This growth in enterprises will favour the segment expansion.
Healthcare and Manufacturing Sectors Fuel Growth in Philippines Enterprise Risk Management Market
In healthcare, the demand for ERM solutions is growing with the soaring efforts to manage risks associated with financial stability, patient safety, data security, and operational efficiency. The rise in frameworks for achieving safe and reliable health care is another important trend driving the regional segment growth. In 2024, the Philippine government allocated approximately PHP 22.98 billion to enhance healthcare facilities and services nationwide. This investment supports the Department of Health’s Health Facilities Enhancement Program (HFEP), focusing on upgrading essential facilities and expanding healthcare access, particularly in underserved areas.
The strong need for robust risk management solutions in the manufacturing industry to ensure continuity and resilience will boost the Philippines enterprise risk management market. The higher adoption of digital tools is exposing manufacturers to cyberattacks, halting their production processes, further driving the uptake of ERM systems.
Key players in the Philippines enterprise risk management market are actively enhancing their offerings to address the evolving risk landscape. They are focusing on integrating advanced technologies, such as artificial intelligence and machine learning, to improve risk identification, assessment, and mitigation processes. These innovations aim to provide more accurate and real-time insights, enabling organizations to make informed decisions and strengthen their resilience against emerging threats. Additionally, these players are expanding their services to cater to the growing demand from various sectors, including banking, financial services, insurance, and healthcare. By offering customized solutions that align with industry-specific requirements and regulatory standards, they are helping organizations navigate complex compliance landscapes and enhance their overall risk management frameworks. This strategic approach not only supports clients in achieving their operational objectives but also contributes to the sustained growth of the Philippines enterprise risk management market.
Founded in 1911, IBM Corporation is an American multinational technology company headquartered in New York. IBM's risk management and consulting services help create workflows for managing enterprise risk and addressing fraud, waste and corporate compliance.
Founded in 1977, Oracle Corporation is an American multinational computer technology firm headquartered in Texas. Oracle offers financial services risk management software for improving the measuring, management, mitigation, and reporting of risk across organizations.
Founded in 1972, SAP SE, with its headquarters in Walldorf, Germany, is a European multinational software company developing and selling enterprise software solutions. SAP also provides a comprehensive set of tools to execute the delivery of risk management solutions throughout the organization.
Founded in 2005 and headquartered in Boston, the United States, LogicManager is a company specializing in enterprise risk management software. The firm provides a platform for organizations to assess, identify, and mitigate risks across various domains.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the Philippines enterprise risk management market include YCP Group, CohnReznick LLP, and others.
Gain a competitive edge with the Philippines enterprise risk management market trends 2026 report. Uncover detailed insights on market growth, industry-specific risks, and regulatory shifts shaping ERM adoption. Whether you're a risk consultant, technology provider, or corporate strategist, download your free sample today and stay ahead in the evolving risk landscape with Expert Market Research.
Upto 15% Off
USD
$2499 $2249
$3999 $3599
$4999 $4249
$5999 $5099
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
In 2025, the market reached an approximate value of USD 27.01 Million.
The market is projected to grow at a CAGR of 7.20% between 2026 and 2035.
The major drivers of the market are the rise in data centres and rapid digital transformation, rising partnerships, growing regulatory support, technological integration and the focus on cybersecurity.
The BFSI sectors is the leading industry vertical owing to the surging emphasis laid by the BFSI sector on implementing robust IT controls and fraud management systems to monitor and mitigate risks.
The major players in the market are IBM Corp., Oracle Corp., SAP SE, LogicManager, Inc., YCP Group, CohnReznick LLP, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Offering |
|
| Breakup by Deployment Mode |
|
| Breakup by Enterprise Size |
|
| Breakup by Industry Vertical |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Share