The market is expected to experience steady growth over the coming years, driven by increasing investments in digital risk assessment tools, regulatory pressure, and the industry’s growing focus on safety, sustainability, and operational resilience. The Oil and Gas Risk Management Market is forecast to grow at a compound annual growth rate (CAGR) of approximately 6.5% to 7.5% between 2024 and 2032, reflecting its rising importance across upstream, midstream, and downstream operations.