The major restraining factor for the growth of the market is many organizations’ dependence on non-formal and manual process to assess vendor risks.
Governments have been continuously upgrading regulations to protect critical data. The fast-changing compliances have encouraged enterprises to adopt compliance management solutions to assess their vendors and mitigate the risks of breaching regulations.
In 2017, the global Vendor Risk Management market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

This report focuses on the global Vendor Risk Management status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Vendor Risk Management development in United States, Europe and China.

The key players covered in this study
Bitsight Technologies
Genpact
LockPath
MetricStream
Nasdaq Bwise
Resolver
SAI Global
Rsam
IBM
Optiv
Quantivate
RapidRatings

Market segment by Type, the product can be split into
Vendor Information Management
Contract Management
Financial Control
Compliance Management
Audit Management
Quality Assurance Management
Services
Professional Services
Support and Maintenance

Market segment by Application, split into
SMEs
Large Enterprises

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Vendor Risk Management status, future forecast, growth opportunity, key market and key players.
To present the Vendor Risk Management development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Vendor Risk Management are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.