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Vendor Risk Management Global Market Synopsis, Growth Factors, Industry Segmentation, Regional Analysis And Competitive Analysis 2017 - 2025

ID: 231401 May, 2018 Region : Global Pages Reports Monitor

Global vendor risk management market, by component (services and solution), deployment type (cloud and on-premises), organization size (small & medium sized enterprises and large enterprises), industry vertical (telecom & IT, BFSI, healthcare and life sciences, consumer goods and retail, energy and utilities, manufacturing, government and others)

Market Scenario

Vendor risk management is the process of evaluating suppliers, business partners and third party vendors before the business relationship is established and during time period of business contract. Increasing business fraud & uncertainties and conflict between company and vendors led to rising adaptation of vendor risk management which boost the growth of the market. Different risk that vendor can bring to business are legal risk, financial risk, cyber risk and reputation risk which can be mitigate by vendor risk management this propels the growth of the market. Increasing importance of data and issues such as data breaches are driving the growth of the market. Increasing industrialisation globally and outsourcing businesses boost the growth of the vendor risk management market. Time required to identify and managed risk and prioritizing responses are challenge faced by the market. Companies are developing their own vendor risk management programmed instead single standard would be beneficial to all who is involved.           


Segmentation

The global vendor risk management market is segmented on the basis of component, deployment type, organizational size and industry vertical. 

On the basis of component, the market is segmented into services and solution.

On the basis of deployment type, the market is segmented into cloud and on-premises.

On the basis of organization size, the market is segmented into small & medium sized enterprises and large enterprises.

On the basis of industry vertical, the market is segmented into telecom & IT, BFSI, healthcare and life sciences, consumer goods and retail, energy and utilities, manufacturing, government and others.    


Regional Analysis 

Strong stable economy, presence of large number of companies who need vendor risk management are driving the growth of the market. Developing industrialisation, gaining good business in outsourcing by the companies of Asia Pacific region are responsible for the growth of the market.   


Key Players

The key players in the market are: RapidRatings, ProcessUnity , LogicManager, BitSight Technologies, RSA, Genpact , LockPath, MetricStream , BWise , Resolver , SAI Global , Rsam , IBM , Optiv , Quantivate and VendorInsight.


Segmentation


By Component:

• Solutions

o Compliance Management 

o Audit Management 

o Quality Assurance Management 

o Vendor Information Management 

o Contract Management 

o Financial Control 

• Services

o Professional Services

o Managed Services


By Deployment Type:

• Cloud  

• On-premises


By Organization Type:

• SMEs

• Large Enterprises 


By Industry Vertical:

• Telecom & IT

• BFSI

• Healthcare and Life Sciences 

• Consumer Goods and Retail 

• Energy and Utilities 

• Manufacturing

• Government 

• Others    


By Region:

• North America

• Europe

• Asia-Pacific

• LAMEA

Research Scope


The study for Global Vendor Risk Management Market will provide market size, estimates and forecast based on the following years: 

 

Historic data: 2016  Base Year Estimate: 2017  Forecast: 2018 to 2025

The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales. 

Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings. 

The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market. 

 

1. Introduction

1.1. Market Definition

1.2. Market Scope


2. Research Methodology

2.1. Primary Research

2.2. Secondary Sources

2.3. Assumptions & Exclusions


3. Market Overview

3.1. Research Report Segmentation & Scope

3.2. Key Market Trend Analysis

3.2.1. Market Drivers

3.2.2. Market Restraint/Challenges

3.2.3. Market Opportunities

3.3. Porter’s Five Forces Analysis

3.4. Potential Venture Avenues

3.5. Market Share Analysis, 2016 

3.6. Market Overview


4. Component Overview

4.1. Introduction

4.2. Market Size & Forecast, 2015 to 2025

4.2.1. Solution

4.2.1.1. Compliance Management 

4.2.1.2. Audit Management 

4.2.1.3. Quality Assurance Management 

4.2.1.4. Vendor Information Management 

4.2.1.5. Contract Management 

4.2.1.6. Financial Control 

4.2.2. Services

4.2.2.1. Professional Services

4.2.2.2. Managed Services

 (Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)


5. Deployment Type Overview

5.1. Introduction

5.2. Market Size & Forecast, 2015 to 2025

5.2.1. Cloud

5.2.2. On-premises

 (Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)


6. Organizations Type

6.1. Introduction

6.2. Market Size & Forecast, 2015 to 2025

6.2.1. SMEs

6.2.2. Large Enterprises 

(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)


7. Industry Vertical

7.1. Introduction

7.2. Market Size & Forecast, 2015 to 2025

7.2.1. Telecom & IT

7.2.2. BFSI

7.2.3. Healthcare and Life Sciences 

7.2.4. Consumer Goods and Retail 

7.2.5. Energy and Utilities 

7.2.6. Manufacturing

7.2.7. Government 

7.2.8. Others    

(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)


8. Regional Overview

8.1. Introduction

8.2. Market Size & Forecast, 2015 to 2025

8.2.1. North America

8.2.1.1. U.S.

8.2.1.2. Canada

8.2.1.3. Mexico 

8.2.2. Europe

8.2.2.1. UK

8.2.2.2. Germany

8.2.2.3. France

8.2.2.4. Italy 

8.2.2.5. Spain

8.2.2.6. Rest of Europe

8.2.3. Asia-Pacific

8.2.3.1. China

8.2.3.2. India

8.2.3.3. Japan

8.2.3.4. South Korea

8.2.3.5. Rest of Asia-Pacific

8.2.4. LAMEA

8.2.4.1. Brazil

8.2.4.2. UAE

8.2.4.3. South Africa

8.2.4.4. Rest of LAMEA

(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)


9. Manufacturer/ Vendor Profile

9.1. The following attributes will be considered while profiling key manufacturers in this industry: 

9.1.1. Company Overview

9.1.2. Financial Synopsis

9.1.3. Recent Developments

9.1.4. R&D Investments (if any)

9.1.5. Strategy Overview (Analyst Perspective)

9.1.6. Product Portfolio

9.2. Companies Profiled

9.2.1. RapidRatings

9.2.2. ProcessUnity 

9.2.3. LogicManager

9.2.4. BitSight Technologies

9.2.5. RSA 

9.2.6. Genpact  

9.2.7. LockPath

9.2.8. MetricStream  

9.2.9. BWise  

9.2.10. Resolver  

9.2.11. SAI Global 

9.2.12. Rsam 

9.2.13. IBM  

9.2.14. Optiv  

9.2.15. Quantivate  

9.2.16. VendorInsight

 (Note: The companies mentioned above are tentative in nature, and profiles of other market players not listed here can be included on request.) 

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