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Third-Party Risk Management - Global Market Trajectory & Analytics

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    Report

  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5303559
Global Third-Party Risk Management Market to Reach $9.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Third-Party Risk Management estimated at US$3.6 Billion in the year 2020, is projected to reach a revised size of US$9.4 Billion by 2027, growing at a CAGR of 14.7% over the period 2020-2027. Solutions, one of the segments analyzed in the report, is projected to record 14.4% CAGR and reach US$5.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 15.2% CAGR for the next 7-year period.





The U.S. Market is Estimated at $973.5 Million, While China is Forecast to Grow at 19% CAGR

The Third-Party Risk Management market in the U.S. is estimated at US$973.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2027 trailing a CAGR of 19% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.5% and 12.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11.6% CAGR.

Select Competitors (Total 36 Featured):
  • Aravo
  • Bitsight Technologies
  • Deloitte
  • Ernst & Young
  • Galvanize
  • Genpact
  • IBM
  • KPMG
  • LogicManager
  • MetricStream
  • NAVEX Global
  • OneTrust
  • Optiv Security
  • Prevalent
  • ProcessUnity
  • PwC
  • RapidRatings
  • Resolver
  • Riskpro
  • RSA Security (Dell)
  • SAI Global
  • Venminder
Frequently Asked Questions about the Global Market for Third-Party Risk Management

What is the estimated value of the Global Market for Third-Party Risk Management?

The Global Market for Third-Party Risk Management was estimated to be valued at $3.6 Billion in 2020.

What is the growth rate of the Global Market for Third-Party Risk Management?

The growth rate of the Global Market for Third-Party Risk Management is 14.7%, with an estimated value of $9.4 Billion by 2027.

What is the forecasted size of the Global Market for Third-Party Risk Management?

The Global Market for Third-Party Risk Management is estimated to be worth $9.4 Billion by 2027.

Who are the key companies in the Global Market for Third-Party Risk Management?

Key companies in the Global Market for Third-Party Risk Management include Aravo, Bitsight Technologies, Deloitte, Ernst & Young, Galvanize, Genpact, IBM, KPMG and MetricStream.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 36

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Aravo
  • Bitsight Technologies
  • Deloitte
  • Ernst & Young
  • Galvanize
  • Genpact
  • IBM
  • KPMG
  • LogicManager
  • MetricStream
  • NAVEX Global
  • OneTrust
  • Optiv Security
  • Prevalent
  • ProcessUnity
  • PwC
  • RapidRatings
  • Resolver
  • Riskpro
  • RSA Security (Dell)
  • SAI Global
  • Venminder