Third-Party Risk Management Market Is Thriving Worldwide | Top Companies, Latest Innovation, Advance Technology

A latest published report on “Third-Party Risk Management Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements. An exclusive data offered in this report is collected by research and industry experts team.

The Global Third-Party Risk Management (TPRM) Market size is projected to grow from US$ 3.2 Billion in 2019 to US$ 6.8 Billion by 2024, at a CAGR of 15.9% during the forecast period. This report spread across 182 Pages, Profiling 20 Companies and Supported with 126 Tables and 46 figures is now available in this research.

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Top Companies Profiled in the Third-Party Risk Management Market:
• RSA (US)
• Genpact (US)
• MetricStream (US)
• Deloitte (US)
• KPMG (Netherlands)
• BitSight Technologies (US)
• Ernst & Young (UK)
• PwC (UK)
• ProcessUnity (US)
• Venminder (US)
• Resolver (Canada)
• NAVEX Global (US)
• Riskpro (India)
• SAI Global (US)
• RapidRatings (US)
• Optiv (US)
• Aravo (US)
• OneTrust (US and UK)
• Galvanize (Canada)
• Prevalent (US)

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Third-Party Risk Management services have become a necessity for integrating and managing solutions. The services are categorized into professional and managed services. These services help enterprises by managing and ensuring the smooth functioning of TPRM solution over a time period. The growing virtualization across industries and the adoption of cloud computing is promoting the demand for TPRM solution in various countries. Moreover, TPRM installations are suitable for business entities that are dynamic and usually have more number of suppliers, partners, and vendors.

Services offered by professionals, specialists, or experts to support businesses are known as professional services. These services include design and integration, consulting, and support and maintenance. Professional services play a vital role in the TPRM ecosystem, and service providers in the TPRM market are associated with similar functions. As the nature of these services is complex, service providers must possess high levels of technical skills and expertise for the efficient implementation of professional services.

List of Tables:
Table 1 Third-Party Risk Management Market Ecosystem: Vendor Selection and Evaluation Criteria
Table 2 Revenue and Share Estimates for Selected Vendors in the Market
Table 3 Market Size and Growth Rate, 2017–2024 (USD Million, Y-O-Y %)
Table 4 Top 10 Key Parameters for Evaluation of Third-Party Risks
Table 5 Some of the Third-Party Risk Management-Associated Regulations and Guidelines
Table 6 Use Cases
Table 7 10 Best Practices to Reach Desired Maturity Levels in Third-Party Risk Management
Table 8 Market Size By Component, 2017–2024 (USD Million)
Table 9 Solutions: Market Size By Region, 2017–2024 (USD Million)
Table 10 Services: Market Size By Region, 2017–2024 (USD Million)
Table 11 Third-Party Risk Management Market Size, By Solution, 2017–2024 (USD Million)
Table 12 Financial Control Management: Market Size By Region, 2017–2024 (USD Million)
Table 13 Contract Management: Market Size By Region, 2017–2024 (USD Million)
Table 14 Operational Risk Management: Market Size By Region, 2017–2024 (USD Million)
Table 15 Audit Management: Market Size By Region, 2017–2024 (USD Million)
…..and More

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Reason to access this report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall TPRM market and its sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

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This release was published on openPR.