Vendor Risk Management Market - Top Companies and Manufacturers

  • Report ID: 4901
  • Published Date: Nov 15, 2024
  • Report Format: PDF, PPT

Companies Dominating the Vendor Risk Management Landscape

    • BitSight Technologies, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Genpact
    • SAI Global
    • IBM Corporation
    • Rapid Ratings International Inc.
    • ProcessUnity, Inc.
    • LogicManager, Inc.
    • Aravo Solutions, Inc.
    • ACL Services Ltd.

Browse Key Market Insights with Data Illustration:

In the News

  • IBM Corporation recently signed an agreement with Siam Commercial Bank, a Thailand-based financial services provider, to improve the security of countless digital transactions on its platform and to provide better service to its customers. This collaboration aims to capitalize on IBM’s key expertise in providing a secure, resilient enterprise platform for mission-critical apps and data on hybrid multi-cloud to mitigate risks and reduce fraudulent activity in financial transactions.
  • ProcessUnity, Inc. a U.S.-based software company released a statement announcing that Forrester has poisoned it as a leader in the Forrester Wave Third-Party Risk Management Platforms.

Author Credits:  Abhishek Verma


  • Report ID: 4901
  • Published Date: Nov 15, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of vendor risk management is evaluated at USD 11.87 billion.

The vendor risk management market size was over USD 10.59 billion in 2024 and is poised to exceed USD 65.9 billion by 2037, witnessing over 15.1% CAGR during the forecast period i.e., between 2025-2037. The growing need for efficient management of vendor ecosystems, increasing third-party providers in organizations, and demand for streamlined risk management processing will fuel the market growth.

North America industry is anticipated to dominate majority revenue share of 32% by 2037, attributed to increasing number of security breaches caused by the increased number of independent suppliers within smaller or larger organizations.

The major players in the market are BitSight Technologies, Inc., Genpact, SAI Global, IBM Corporation, Rapid Ratings International Inc., ProcessUnity, Inc., LogicManager, Inc., Aravo Solutions, Inc., ACL Services Ltd.
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