Global Vendor Risk Management Market to Reach $22.3 Billion by 2030
The global market for Vendor Risk Management estimated at US$8.1 Billion in the year 2022, is projected to reach a revised size of US$22.3 Billion by 2030, growing at a CAGR of 13.5% over the analysis period 2022-2030. Financial Control, one of the segments analyzed in the report, is projected to record 14.8% CAGR and reach US$5.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Compliance Management segment is readjusted to a revised 14.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 18% CAGR
The Vendor Risk Management market in the U.S. is estimated at US$2.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.3 Billion by the year 2030 trailing a CAGR of 18% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.1% and 11.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.6% CAGR.Select Competitors (Total 41 Featured) -
- Bitsight Technologies, Inc.
- Genpact
- IBM Corporation
- Lockpath, Inc.
- MetricStream Inc.
- Nasdaq BWise
- Optiv Security, Inc.
- Quantivate, LLC
- Rapid Ratings International Inc.
- Resolver Inc.
- Rsa Security LLC
- Rsam
- SAI Global Pty Limited
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Bitsight Technologies, Inc.
- Genpact
- IBM Corporation
- Lockpath, Inc.
- MetricStream Inc.
- Nasdaq BWise
- Optiv Security, Inc.
- Quantivate, LLC
- Rapid Ratings International Inc.
- Resolver Inc.
- Rsa Security LLC
- Rsam
- SAI Global Pty Limited
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 173 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 8.1 Billion |
Forecasted Market Value ( USD | $ 22.3 Billion |
Compound Annual Growth Rate | 13.5% |
Regions Covered | Global |