openPR Logo
Press release

Global Third-Party Risk Management Market Analysis to 2027 Lead By MetricStream, Optiv Security, ProcessUnity, RESOLVER, RSA Security, SAI Global, Venminder, BitSight Technologies, Genpact, KPMG

12-16-2019 04:32 AM CET | IT, New Media & Software

Press release from: The Insight Partners

Global Third-Party Risk Management Market

Global Third-Party Risk Management Market

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global third-party risk management market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The third-party risk management market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

Top Companies profiled in this report: BitSight Technologies, Genpact, KPMG LLP, MetricStream Inc., Optiv Security Inc., ProcessUnity, Inc., RESOLVER INC., RSA Security LLC, SAI Global, Venminder, Inc

Get Sample PDF Copy @http://bit.ly/34nk6td

According to today's world, TPRM capabilities need to be technology-driven to report generation, automate processes, analyze information that TPRM activities create, and track overall enhancements. The TPRM automation boards increases efficiency along with productivity, reduces overall cost of the TPRM program, and qualifies effective monitoring of current activities, counting third-party risks and compliance through a centralized platform. This delivers a reliable client user experience and reduces human errors. Industrial players have implemented various strategies, such as new product launches and product enhancements, partnerships, strategic investments, and acquisitions, to develop their presence in the TPRM market

TPRM solution support organizations to recognize and reduce the risks that arise while outsourcing a few operations or activities, which is the main factor driving the growth of the market. Various groups operating in different industries have been seeing the implementation of robust solutions to reduce the risks related to the management of vendors. However, the enterprise attracts the fact that organization groups work with a complex network of third party connections. In the growing business scenario, handling third party contracts has become gradually challenging. Third-party risk management empowers businesses to evade expensive billing errors and unnecessary contract management inefficiencies by involving the benefits of analytics.

MARKET SEGMENTATION
The global third-party risk management market is segmented on the basis of component, deployment type, organization size, industry. On the basis of component, the market is segmented as solution, services. On the basis of deployment mode, the market is segmented as on-premises, cloud. On the basis of organization size the market is segmented as SMES, large enterprises. On the basis of industry, the market is segmented as BFSI, It and telecom, government, healthcare, retail, others.

The report analyzes factors affecting third-party risk management market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the third-party risk management market in these regions.

The reports cover key developments in the third-party risk management market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from third-party risk management market are anticipated to lucrative growth opportunities in the future with the rising demand for third-party risk management market.

Buy NoW @http://bit.ly/35pnbdL

Contact Us:
The Insight Partners
533, 5th Floor, Amanora Chambers,
Amanora Township, East Block,
Kharadi Road, Hadapsar, Pune-411028
sales@theinsightpartners.com

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Third-Party Risk Management Market Analysis to 2027 Lead By MetricStream, Optiv Security, ProcessUnity, RESOLVER, RSA Security, SAI Global, Venminder, BitSight Technologies, Genpact, KPMG here

News-ID: 1879418 • Views:

More Releases from The Insight Partners

Medical Device Validation and Verification Market Worth by 2031
Medical Device Validation and Verification Market Worth by 2031
Offers a comprehensive overview of the market's current state and future growth trajectory. It identifies key drivers, challenges, and opportunities, providing valuable insights for various business stakeholders. According to the report's forecast, the sector is set to witness a steady expansion in market size, market share, and innovation over the next six years. Download Sample PDF @ https://www.theinsightpartners.com/sample/TIPRE00016735/?utm_source=OpenPR&utm_medium=10759 Key Growth Drivers The press release details five major factors propelling the market forward: 1. Stringent
Medical Vacuum Filters Market Positioned for Substantial Growth Through 2031
Medical Vacuum Filters Market Positioned for Substantial Growth Through 2031
New York, US - August 28, 2025- A new market report from The Insight Partners projects a strong and steady expansion for the global medical vacuum filters market, fueled by a confluence of rising healthcare demands and technological innovation. The report, titled "Medical Vacuum Filters Market Share, Size, Trends, and Forecast by 2031," highlights that the sector is set for significant growth in both market size and innovation over the
Growing Industrial Automation and IoT Driving the Level Translators Market
Growing Industrial Automation and IoT Driving the Level Translators Market
New York, US - August 21, 2025- The market for level translators is projected to grow significantly by 2031, fueled by the rise in industrial automation and the expanding use of consumer electronics, automotive systems, and IoT devices. According to a new report from The Insight Partners, this growth is driven by the increasing need for components that can seamlessly bridge the gap between devices operating at different voltage
Beveling Machine Market Driven by Precision Engineering
Beveling Machine Market Driven by Precision Engineering
New York, US - August 21, 2025 - A newly released Beveling Machine Market report by The Insight Partners provides a comprehensive view of how automation, innovation, and safety improvements are driving the next phase of development in the metal fabrication sector. As organizations across construction, energy, shipbuilding, and heavy manufacturing demand higher productivity and reduced manual intervention, the global Beveling Machine Market size is set to grow steadily through

All 5 Releases


More Releases for TPRM

Rankiteo Reinvents Third-Party Risk Management (TPRM) with a Next-Generation Cyb …
Rankiteo launches a next-gen cybersecurity scanner, delivering real-time vendor risk insights without third-party data, redefining Third-Party Risk Management (TPRM). Image: https://lh7-rt.googleusercontent.com/docsz/AD_4nXflRFiRL--XcUJXnmLeokpF8VSIDFZ9G0xnxuk93CFDkESlrqFtu29Rd3Exz-SPp4keHpvHi7aGYPaLPsMxZsrALS8UyZrvFA6n0b-YlEe8ocKEJWsYuUeLeFcdTq3QRyQShzILKQ?key=pAZcFtvTLuwzWoa2qoIQTJ7I March 5, 2025 - London, UK - Rankiteo, a leading Third-Party Risk Management (TPRM) platform [https://www.rankiteo.com/], announces the launch of its next-generation cybersecurity scanner, redefining how companies assess and manage cyber risks associated with their vendors, partners, and suppliers. Unlike traditional cybersecurity rating firms such as SecurityScoreCard and BitSight, which rely
A Ultimate Guide to Third-Party Risk Management [PDF E-book]
According to today's world, TPRM capabilities need to be technology-driven to report generation, automate processes, analyze information that TPRM activities create, and track overall enhancements. The TPRM automation boards increases efficiency along with productivity, reduces overall cost of the TPRM program, and qualifies effective monitoring of current activities, counting third-party risks and compliance through a centralized platform. This delivers a reliable client user experience and reduces human errors. Get PDF
Third-Party Risk Management Market Size, Share, Trends, Growth Opportunities and …
Introduction: Third-party risk management (TPRM) refers to the process of identifying, assessing, and mitigating risks associated with external vendors, partners, and service providers. As organizations increasingly rely on third parties for critical functions, managing these relationships has become essential to safeguarding data, ensuring compliance, and protecting the business from potential disruptions. The TPRM market is rapidly growing as companies across various industries recognize the need to manage these risks effectively. This
Enlighta Spice Unveils Next-Gen TPRM: Exclusive Free Summer Preview
San Ramon, California - July 11, 2024 - Enlighta Spice, a leading provider of vendor risk management solutions, today unveiled significant enhancements to its platform, introducing next-generation Third-Party Risk Management (TPRM) capabilities with a focus on continuous monitoring. To celebrate this innovation, Enlighta Spice announced a distinctive summer preview, offering a limited-time opportunity to experience the future of TPRM. "In today's dynamic business environment in which every business function is highly
Third-Party Risk Management Market Size, Share, Growth Trends and Report 2024-20 …
Third-Party Risk Management Market Insights The global Third-Party Risk Management (TPRM) Market is set to grow substantially, with a projected CAGR of 17.8% during the period from 2024 to 2031. TPRM focuses on identifying and mitigating risks associated with third-party vendors, making it an essential aspect of modern business operations. Market Dynamics The market is primarily driven by heightened security concerns, especially in the context of the pandemic, where remote operations and data
Third-Party Risk Management Market to Witness Huge Growth by Key Players:Global …
According to Market Study Report, Third-Party Risk Management Market provides a comprehensive analysis of the Third-Party Risk Management Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. Get Free Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=2735928 The Global Third-Party Risk Management (TPRM) Market size is projected to grow from USD 3.2 Billion in 2019 to USD 6.8 Billion by 2024, at a CAGR of 15.9% during