Third-Party Risk Management Market - Global Outlook and Forecast 2022-2028

January 2022 | 74 pages | ID: T1B92AE4A93CEN
Market Monitor Global

Abstracts

Third Party Risk Management (TPRM) is the process of analyzing and controlling risks presented to your company, your data, your operations and your finances by parties OTHER than your own company.

Third Party Risk Management (TPRM) is the process of analyzing and controlling risks presented to the company, data, operations and finances by parties other than own company.

Third parties are essential to the company’s strategic and tactical decisions, so it is needed to examine sourcing arrangements throughout the sourcing lifecycle.

This report contains market size and forecasts of Third-Party Risk Management in Global, including the following market information:

Global Third-Party Risk Management Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Third-Party Risk Management market was valued at 5219.6 million in 2021 and is projected to reach US$ 16430 million by 2028, at a CAGR of 17.8% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Financial Controls Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Third-Party Risk Management include Bitsight Technologies, Genpact, NAVEX Global, MetricStream, SAI Global, Resolver, Galvanize, IBM and Optiv Security, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Third-Party Risk Management companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Third-Party Risk Management Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Third-Party Risk Management Market Segment Percentages, by Type, 2021 (%)

• Financial Controls
• Contract Management
• Relationship Management
• Others

Global Third-Party Risk Management Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Third-Party Risk Management Market Segment Percentages, by Application, 2021 (%)

• Large Business
• SMBs

Global Third-Party Risk Management Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Third-Party Risk Management Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Third-Party Risk Management revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Third-Party Risk Management revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Bitsight Technologies
• Genpact
• NAVEX Global
• MetricStream
• SAI Global
• Resolver
• Galvanize
• IBM
• Optiv Security
• RapidRatings
• RSA Security (Dell)
• Venminder
• LogicManager

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Third-Party Risk Management Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Third-Party Risk Management Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL THIRD-PARTY RISK MANAGEMENT OVERALL MARKET SIZE

2.1 Global Third-Party Risk Management Market Size: 2021 VS 2028
2.2 Global Third-Party Risk Management Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top Third-Party Risk Management Players in Global Market
3.2 Top Global Third-Party Risk Management Companies Ranked by Revenue
3.3 Global Third-Party Risk Management Revenue by Companies
3.4 Top 3 and Top 5 Third-Party Risk Management Companies in Global Market, by Revenue in 2021
3.5 Global Companies Third-Party Risk Management Product Type
3.6 Tier 1, Tier 2 and Tier 3 Third-Party Risk Management Players in Global Market
  3.6.1 List of Global Tier 1 Third-Party Risk Management Companies
  3.6.2 List of Global Tier 2 and Tier 3 Third-Party Risk Management Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global Third-Party Risk Management Market Size Markets, 2021 & 2028
  4.1.2 Financial Controls
  4.1.3 Contract Management
  4.1.4 Relationship Management
  4.1.5 Others
4.2 By Type - Global Third-Party Risk Management Revenue & Forecasts
  4.2.1 By Type - Global Third-Party Risk Management Revenue, 2017-2022
  4.2.2 By Type - Global Third-Party Risk Management Revenue, 2023-2028
  4.2.3 By Type - Global Third-Party Risk Management Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Third-Party Risk Management Market Size, 2021 & 2028
  5.1.2 Large Business
  5.1.3 SMBs
5.2 By Application - Global Third-Party Risk Management Revenue & Forecasts
  5.2.1 By Application - Global Third-Party Risk Management Revenue, 2017-2022
  5.2.2 By Application - Global Third-Party Risk Management Revenue, 2023-2028
  5.2.3 By Application - Global Third-Party Risk Management Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Third-Party Risk Management Market Size, 2021 & 2028
6.2 By Region - Global Third-Party Risk Management Revenue & Forecasts
  6.2.1 By Region - Global Third-Party Risk Management Revenue, 2017-2022
  6.2.2 By Region - Global Third-Party Risk Management Revenue, 2023-2028
  6.2.3 By Region - Global Third-Party Risk Management Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America Third-Party Risk Management Revenue, 2017-2028
  6.3.2 US Third-Party Risk Management Market Size, 2017-2028
  6.3.3 Canada Third-Party Risk Management Market Size, 2017-2028
  6.3.4 Mexico Third-Party Risk Management Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe Third-Party Risk Management Revenue, 2017-2028
  6.4.2 Germany Third-Party Risk Management Market Size, 2017-2028
  6.4.3 France Third-Party Risk Management Market Size, 2017-2028
  6.4.4 U.K. Third-Party Risk Management Market Size, 2017-2028
  6.4.5 Italy Third-Party Risk Management Market Size, 2017-2028
  6.4.6 Russia Third-Party Risk Management Market Size, 2017-2028
  6.4.7 Nordic Countries Third-Party Risk Management Market Size, 2017-2028
  6.4.8 Benelux Third-Party Risk Management Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia Third-Party Risk Management Revenue, 2017-2028
  6.5.2 China Third-Party Risk Management Market Size, 2017-2028
  6.5.3 Japan Third-Party Risk Management Market Size, 2017-2028
  6.5.4 South Korea Third-Party Risk Management Market Size, 2017-2028
  6.5.5 Southeast Asia Third-Party Risk Management Market Size, 2017-2028
  6.5.6 India Third-Party Risk Management Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America Third-Party Risk Management Revenue, 2017-2028
  6.6.2 Brazil Third-Party Risk Management Market Size, 2017-2028
  6.6.3 Argentina Third-Party Risk Management Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa Third-Party Risk Management Revenue, 2017-2028
  6.7.2 Turkey Third-Party Risk Management Market Size, 2017-2028
  6.7.3 Israel Third-Party Risk Management Market Size, 2017-2028
  6.7.4 Saudi Arabia Third-Party Risk Management Market Size, 2017-2028
  6.7.5 UAE Third-Party Risk Management Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 Bitsight Technologies
  7.1.1 Bitsight Technologies Corporate Summary
  7.1.2 Bitsight Technologies Business Overview
  7.1.3 Bitsight Technologies Third-Party Risk Management Major Product Offerings
  7.1.4 Bitsight Technologies Third-Party Risk Management Revenue in Global Market (2017-2022)
  7.1.5 Bitsight Technologies Key News
7.2 Genpact
  7.2.1 Genpact Corporate Summary
  7.2.2 Genpact Business Overview
  7.2.3 Genpact Third-Party Risk Management Major Product Offerings
  7.2.4 Genpact Third-Party Risk Management Revenue in Global Market (2017-2022)
  7.2.5 Genpact Key News
7.3 NAVEX Global
  7.3.1 NAVEX Global Corporate Summary
  7.3.2 NAVEX Global Business Overview
  7.3.3 NAVEX Global Third-Party Risk Management Major Product Offerings
  7.3.4 NAVEX Global Third-Party Risk Management Revenue in Global Market (2017-2022)
  7.3.5 NAVEX Global Key News
7.4 MetricStream
  7.4.1 MetricStream Corporate Summary
  7.4.2 MetricStream Business Overview
  7.4.3 MetricStream Third-Party Risk Management Major Product Offerings
  7.4.4 MetricStream Third-Party Risk Management Revenue in Global Market (2017-2022)
  7.4.5 MetricStream Key News
7.5 SAI Global
  7.5.1 SAI Global Corporate Summary
  7.5.2 SAI Global Business Overview
  7.5.3 SAI Global Third-Party Risk Management Major Product Offerings
  7.5.4 SAI Global Third-Party Risk Management Revenue in Global Market (2017-2022)
  7.5.5 SAI Global Key News
7.6 Resolver
  7.6.1 Resolver Corporate Summary
  7.6.2 Resolver Business Overview
  7.6.3 Resolver Third-Party Risk Management Major Product Offerings
  7.6.4 Resolver Third-Party Risk Management Revenue in Global Market (2017-2022)
  7.6.5 Resolver Key News
7.7 Galvanize
  7.7.1 Galvanize Corporate Summary
  7.7.2 Galvanize Business Overview
  7.7.3 Galvanize Third-Party Risk Management Major Product Offerings
  7.7.4 Galvanize Third-Party Risk Management Revenue in Global Market (2017-2022)
  7.7.5 Galvanize Key News
7.8 IBM
  7.8.1 IBM Corporate Summary
  7.8.2 IBM Business Overview
  7.8.3 IBM Third-Party Risk Management Major Product Offerings
  7.8.4 IBM Third-Party Risk Management Revenue in Global Market (2017-2022)
  7.8.5 IBM Key News
7.9 Optiv Security
  7.9.1 Optiv Security Corporate Summary
  7.9.2 Optiv Security Business Overview
  7.9.3 Optiv Security Third-Party Risk Management Major Product Offerings
  7.9.4 Optiv Security Third-Party Risk Management Revenue in Global Market (2017-2022)
  7.9.5 Optiv Security Key News
7.10 RapidRatings
  7.10.1 RapidRatings Corporate Summary
  7.10.2 RapidRatings Business Overview
  7.10.3 RapidRatings Third-Party Risk Management Major Product Offerings
  7.10.4 RapidRatings Third-Party Risk Management Revenue in Global Market (2017-2022)
  7.10.5 RapidRatings Key News
7.11 RSA Security (Dell)
  7.11.1 RSA Security (Dell) Corporate Summary
  7.11.2 RSA Security (Dell) Business Overview
  7.11.3 RSA Security (Dell) Third-Party Risk Management Major Product Offerings
  7.11.4 RSA Security (Dell) Third-Party Risk Management Revenue in Global Market (2017-2022)
  7.11.5 RSA Security (Dell) Key News
7.12 Venminder
  7.12.1 Venminder Corporate Summary
  7.12.2 Venminder Business Overview
  7.12.3 Venminder Third-Party Risk Management Major Product Offerings
  7.12.4 Venminder Third-Party Risk Management Revenue in Global Market (2017-2022)
  7.12.5 Venminder Key News
7.13 LogicManager
  7.13.1 LogicManager Corporate Summary
  7.13.2 LogicManager Business Overview
  7.13.3 LogicManager Third-Party Risk Management Major Product Offerings
  7.13.4 LogicManager Third-Party Risk Management Revenue in Global Market (2017-2022)
  7.13.5 LogicManager Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. Third-Party Risk Management Market Opportunities & Trends in Global Market
Table 2. Third-Party Risk Management Market Drivers in Global Market
Table 3. Third-Party Risk Management Market Restraints in Global Market
Table 4. Key Players of Third-Party Risk Management in Global Market
Table 5. Top Third-Party Risk Management Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Third-Party Risk Management Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Third-Party Risk Management Revenue Share by Companies, 2017-2022
Table 8. Global Companies Third-Party Risk Management Product Type
Table 9. List of Global Tier 1 Third-Party Risk Management Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Third-Party Risk Management Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Third-Party Risk Management Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Third-Party Risk Management Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Third-Party Risk Management Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Third-Party Risk Management Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Third-Party Risk Management Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Third-Party Risk Management Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Third-Party Risk Management Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Third-Party Risk Management Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Third-Party Risk Management Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Third-Party Risk Management Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Third-Party Risk Management Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Third-Party Risk Management Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Third-Party Risk Management Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Third-Party Risk Management Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Third-Party Risk Management Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Third-Party Risk Management Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Third-Party Risk Management Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Third-Party Risk Management Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Third-Party Risk Management Revenue, (US$, Mn), 2023-2028
Table 30. Bitsight Technologies Corporate Summary
Table 31. Bitsight Technologies Third-Party Risk Management Product Offerings
Table 32. Bitsight Technologies Third-Party Risk Management Revenue (US$, Mn), (2017-2022)
Table 33. Genpact Corporate Summary
Table 34. Genpact Third-Party Risk Management Product Offerings
Table 35. Genpact Third-Party Risk Management Revenue (US$, Mn), (2017-2022)
Table 36. NAVEX Global Corporate Summary
Table 37. NAVEX Global Third-Party Risk Management Product Offerings
Table 38. NAVEX Global Third-Party Risk Management Revenue (US$, Mn), (2017-2022)
Table 39. MetricStream Corporate Summary
Table 40. MetricStream Third-Party Risk Management Product Offerings
Table 41. MetricStream Third-Party Risk Management Revenue (US$, Mn), (2017-2022)
Table 42. SAI Global Corporate Summary
Table 43. SAI Global Third-Party Risk Management Product Offerings
Table 44. SAI Global Third-Party Risk Management Revenue (US$, Mn), (2017-2022)
Table 45. Resolver Corporate Summary
Table 46. Resolver Third-Party Risk Management Product Offerings
Table 47. Resolver Third-Party Risk Management Revenue (US$, Mn), (2017-2022)
Table 48. Galvanize Corporate Summary
Table 49. Galvanize Third-Party Risk Management Product Offerings
Table 50. Galvanize Third-Party Risk Management Revenue (US$, Mn), (2017-2022)
Table 51. IBM Corporate Summary
Table 52. IBM Third-Party Risk Management Product Offerings
Table 53. IBM Third-Party Risk Management Revenue (US$, Mn), (2017-2022)
Table 54. Optiv Security Corporate Summary
Table 55. Optiv Security Third-Party Risk Management Product Offerings
Table 56. Optiv Security Third-Party Risk Management Revenue (US$, Mn), (2017-2022)
Table 57. RapidRatings Corporate Summary
Table 58. RapidRatings Third-Party Risk Management Product Offerings
Table 59. RapidRatings Third-Party Risk Management Revenue (US$, Mn), (2017-2022)
Table 60. RSA Security (Dell) Corporate Summary
Table 61. RSA Security (Dell) Third-Party Risk Management Product Offerings
Table 62. RSA Security (Dell) Third-Party Risk Management Revenue (US$, Mn), (2017-2022)
Table 63. Venminder Corporate Summary
Table 64. Venminder Third-Party Risk Management Product Offerings
Table 65. Venminder Third-Party Risk Management Revenue (US$, Mn), (2017-2022)
Table 66. LogicManager Corporate Summary
Table 67. LogicManager Third-Party Risk Management Product Offerings
Table 68. LogicManager Third-Party Risk Management Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. Third-Party Risk Management Segment by Type in 2021
Figure 2. Third-Party Risk Management Segment by Application in 2021
Figure 3. Global Third-Party Risk Management Market Overview: 2020
Figure 4. Key Caveats
Figure 5. Global Third-Party Risk Management Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Third-Party Risk Management Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Third-Party Risk Management Revenue in 2021
Figure 8. By Type - Global Third-Party Risk Management Revenue Market Share, 2017-2028
Figure 9. By Application - Global Third-Party Risk Management Revenue Market Share, 2017-2028
Figure 10. By Region - Global Third-Party Risk Management Revenue Market Share, 2017-2028
Figure 11. By Country - North America Third-Party Risk Management Revenue Market Share, 2017-2028
Figure 12. US Third-Party Risk Management Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Third-Party Risk Management Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Third-Party Risk Management Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Third-Party Risk Management Revenue Market Share, 2017-2028
Figure 16. Germany Third-Party Risk Management Revenue, (US$, Mn), 2017-2028
Figure 17. France Third-Party Risk Management Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Third-Party Risk Management Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Third-Party Risk Management Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Third-Party Risk Management Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Third-Party Risk Management Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Third-Party Risk Management Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Third-Party Risk Management Revenue Market Share, 2017-2028
Figure 24. China Third-Party Risk Management Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Third-Party Risk Management Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Third-Party Risk Management Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Third-Party Risk Management Revenue, (US$, Mn), 2017-2028
Figure 28. India Third-Party Risk Management Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Third-Party Risk Management Revenue Market Share, 2017-2028
Figure 30. Brazil Third-Party Risk Management Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Third-Party Risk Management Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Third-Party Risk Management Revenue Market Share, 2017-2028
Figure 33. Turkey Third-Party Risk Management Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Third-Party Risk Management Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Third-Party Risk Management Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Third-Party Risk Management Revenue, (US$, Mn), 2017-2028
Figure 37. Bitsight Technologies Third-Party Risk Management Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Genpact Third-Party Risk Management Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. NAVEX Global Third-Party Risk Management Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. MetricStream Third-Party Risk Management Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. SAI Global Third-Party Risk Management Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. Resolver Third-Party Risk Management Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Galvanize Third-Party Risk Management Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. IBM Third-Party Risk Management Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Optiv Security Third-Party Risk Management Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. RapidRatings Third-Party Risk Management Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 47. RSA Security (Dell) Third-Party Risk Management Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 48. Venminder Third-Party Risk Management Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 49. LogicManager Third-Party Risk Management Revenue Year Over Year Growth (US$, Mn) & (2017-2022)