Global Third Party Risk Management Market Research Report 2025(Status and Outlook)
Description
Report Overview
Third Party Risk Management (TPRM) refers to the processes and tools organizations use to identify, assess, monitor, and mitigate risks associated with outsourcing services or relying on external vendors, suppliers, and partners. These risks can span cybersecurity threats, regulatory non-compliance, operational disruptions, financial instability, and reputational damage. As businesses increasingly depend on third parties for critical functions, TPRM has evolved into a structured discipline that integrates due diligence, continuous monitoring, and risk-scoring frameworks to ensure vendor relationships align with organizational risk tolerance. The growing complexity of supply chains, stringent data protection laws (e.g., GDPR, CCPA), and high-profile breaches linked to third parties have amplified demand for robust TPRM solutions that provide visibility, automation, and real-time risk intelligence across the vendor lifecycle.
The global Third Party Risk Management market size was estimated at USD 8511.62 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 18.79% during the forecast period.
This report provides a deep insight into the global Third Party Risk Management market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Third Party Risk Management Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Third Party Risk Management market in any manner.
Global Third Party Risk Management Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Bitsight Technologies
Genpact
NAVEX Global
MetricStream
SAI Global
Resolver
Galvanize
IBM
Optiv Security
RapidRatings
RSA Security (Dell)
Venminder
LogicManager
Market Segmentation (by Type)
Financial Controls
Contract Management
Relationship Management
Others
Third-
Market Segmentation (by Application)
Large Business
SMBs
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Third Party Risk Management Market
Overview of the regional outlook of the Third Party Risk Management Market:
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Third Party Risk Management Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 shares the main producing countries of Third Party Risk Management, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.
Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.
Chapter 13 is the main points and conclusions of the report.
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
Third Party Risk Management (TPRM) refers to the processes and tools organizations use to identify, assess, monitor, and mitigate risks associated with outsourcing services or relying on external vendors, suppliers, and partners. These risks can span cybersecurity threats, regulatory non-compliance, operational disruptions, financial instability, and reputational damage. As businesses increasingly depend on third parties for critical functions, TPRM has evolved into a structured discipline that integrates due diligence, continuous monitoring, and risk-scoring frameworks to ensure vendor relationships align with organizational risk tolerance. The growing complexity of supply chains, stringent data protection laws (e.g., GDPR, CCPA), and high-profile breaches linked to third parties have amplified demand for robust TPRM solutions that provide visibility, automation, and real-time risk intelligence across the vendor lifecycle.
The global Third Party Risk Management market size was estimated at USD 8511.62 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 18.79% during the forecast period.
This report provides a deep insight into the global Third Party Risk Management market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Third Party Risk Management Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Third Party Risk Management market in any manner.
Global Third Party Risk Management Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Bitsight Technologies
Genpact
NAVEX Global
MetricStream
SAI Global
Resolver
Galvanize
IBM
Optiv Security
RapidRatings
RSA Security (Dell)
Venminder
LogicManager
Market Segmentation (by Type)
Financial Controls
Contract Management
Relationship Management
Others
Third-
Market Segmentation (by Application)
Large Business
SMBs
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Third Party Risk Management Market
Overview of the regional outlook of the Third Party Risk Management Market:
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Third Party Risk Management Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 shares the main producing countries of Third Party Risk Management, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.
Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.
Chapter 13 is the main points and conclusions of the report.
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
Table of Contents
117 Pages
- 1 Research Methodology And Statistical Scope
- 1.1 Market Definition And Statistical Scope Of Third Party Risk Management
- 1.2 Key Market Segments
- 1.2.1 Third Party Risk Management Segment By Type
- 1.2.2 Third Party Risk Management Segment By Application
- 1.3 Methodology & Sources Of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown And Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Third Party Risk Management Market Overview
- 2.1 Global Market Overview
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size By Region
- 3 Third Party Risk Management Market Competitive Landscape
- 3.1 Company Assessment Quadrant
- 3.2 Global Third Party Risk Management Product Life Cycle
- 3.3 Global Third Party Risk Management Revenue Market Share By Company (2020-2025)
- 3.4 Third Party Risk Management Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
- 3.5 Third Party Risk Management Company Headquarters, Area Served, Product Type
- 3.6 Third Party Risk Management Market Competitive Situation And Trends
- 3.6.1 Third Party Risk Management Market Concentration Rate
- 3.6.2 Global 5 And 10 Largest Third Party Risk Management Players Market Share By Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Third Party Risk Management Value Chain Analysis
- 4.1 Third Party Risk Management Value Chain Analysis
- 4.2 Midstream Market Analysis
- 4.3 Downstream Customer Analysis
- 5 The Development And Dynamics Of Third Party Risk Management Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Industry News
- 5.4.1 New Product Developments
- 5.4.2 Mergers & Acquisitions
- 5.4.3 Expansions
- 5.4.4 Collaboration/Supply Contracts
- 5.5 Pest Analysis
- 5.5.1 Industry Policies Analysis
- 5.5.2 Economic Environment Analysis
- 5.5.3 Social Environment Analysis
- 5.5.4 Technological Environment Analysis
- 5.6 Global Third Party Risk Management Market Porter's Five Forces Analysis
- 6 Third Party Risk Management Market Segmentation By Type
- 6.1 Evaluation Matrix Of Segment Market Development Potential (Type)
- 6.2 Global Third Party Risk Management Market Size Market Share By Type (2020-2025)
- 6.3 Global Third Party Risk Management Market Size Growth Rate By Type (2021-2025)
- 7 Third Party Risk Management Market Segmentation By Application
- 7.1 Evaluation Matrix Of Segment Market Development Potential (Application)
- 7.2 Global Third Party Risk Management Market Size (M Usd) By Application (2020-2025)
- 7.3 Global Third Party Risk Management Sales Growth Rate By Application (2020-2025)
- 8 Third Party Risk Management Market Segmentation By Region
- 8.1 Global Third Party Risk Management Market Size By Region
- 8.1.1 Global Third Party Risk Management Market Size By Region
- 8.1.2 Global Third Party Risk Management Market Size Market Share By Region
- 8.2 North America
- 8.2.1 North America Third Party Risk Management Market Size By Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Third Party Risk Management Market Size By Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Spain
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Third Party Risk Management Market Size By Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Third Party Risk Management Market Size By Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East And Africa
- 8.6.1 Middle East And Africa Third Party Risk Management Market Size By Region
- 8.6.2 Saudi Arabia
- 8.6.3 Uae
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 Bitsight Technologies
- 9.1.1 Bitsight Technologies Basic Information
- 9.1.2 Bitsight Technologies Third Party Risk Management Product Overview
- 9.1.3 Bitsight Technologies Third Party Risk Management Product Market Performance
- 9.1.4 Bitsight Technologies Swot Analysis
- 9.1.5 Bitsight Technologies Business Overview
- 9.1.6 Bitsight Technologies Recent Developments
- 9.2 Genpact
- 9.2.1 Genpact Basic Information
- 9.2.2 Genpact Third Party Risk Management Product Overview
- 9.2.3 Genpact Third Party Risk Management Product Market Performance
- 9.2.4 Genpact Swot Analysis
- 9.2.5 Genpact Business Overview
- 9.2.6 Genpact Recent Developments
- 9.3 Navex Global
- 9.3.1 Navex Global Basic Information
- 9.3.2 Navex Global Third Party Risk Management Product Overview
- 9.3.3 Navex Global Third Party Risk Management Product Market Performance
- 9.3.4 Navex Global Swot Analysis
- 9.3.5 Navex Global Business Overview
- 9.3.6 Navex Global Recent Developments
- 9.4 Metricstream
- 9.4.1 Metricstream Basic Information
- 9.4.2 Metricstream Third Party Risk Management Product Overview
- 9.4.3 Metricstream Third Party Risk Management Product Market Performance
- 9.4.4 Metricstream Business Overview
- 9.4.5 Metricstream Recent Developments
- 9.5 Sai Global
- 9.5.1 Sai Global Basic Information
- 9.5.2 Sai Global Third Party Risk Management Product Overview
- 9.5.3 Sai Global Third Party Risk Management Product Market Performance
- 9.5.4 Sai Global Business Overview
- 9.5.5 Sai Global Recent Developments
- 9.6 Resolver
- 9.6.1 Resolver Basic Information
- 9.6.2 Resolver Third Party Risk Management Product Overview
- 9.6.3 Resolver Third Party Risk Management Product Market Performance
- 9.6.4 Resolver Business Overview
- 9.6.5 Resolver Recent Developments
- 9.7 Galvanize
- 9.7.1 Galvanize Basic Information
- 9.7.2 Galvanize Third Party Risk Management Product Overview
- 9.7.3 Galvanize Third Party Risk Management Product Market Performance
- 9.7.4 Galvanize Business Overview
- 9.7.5 Galvanize Recent Developments
- 9.8 Ibm
- 9.8.1 Ibm Basic Information
- 9.8.2 Ibm Third Party Risk Management Product Overview
- 9.8.3 Ibm Third Party Risk Management Product Market Performance
- 9.8.4 Ibm Business Overview
- 9.8.5 Ibm Recent Developments
- 9.9 Optiv Security
- 9.9.1 Optiv Security Basic Information
- 9.9.2 Optiv Security Third Party Risk Management Product Overview
- 9.9.3 Optiv Security Third Party Risk Management Product Market Performance
- 9.9.4 Optiv Security Business Overview
- 9.9.5 Optiv Security Recent Developments
- 9.10 Rapidratings
- 9.10.1 Rapidratings Basic Information
- 9.10.2 Rapidratings Third Party Risk Management Product Overview
- 9.10.3 Rapidratings Third Party Risk Management Product Market Performance
- 9.10.4 Rapidratings Business Overview
- 9.10.5 Rapidratings Recent Developments
- 9.11 Rsa Security (Dell)
- 9.11.1 Rsa Security (Dell) Basic Information
- 9.11.2 Rsa Security (Dell) Third Party Risk Management Product Overview
- 9.11.3 Rsa Security (Dell) Third Party Risk Management Product Market Performance
- 9.11.4 Rsa Security (Dell) Business Overview
- 9.11.5 Rsa Security (Dell) Recent Developments
- 9.12 Venminder
- 9.12.1 Venminder Basic Information
- 9.12.2 Venminder Third Party Risk Management Product Overview
- 9.12.3 Venminder Third Party Risk Management Product Market Performance
- 9.12.4 Venminder Business Overview
- 9.12.5 Venminder Recent Developments
- 9.13 Logicmanager
- 9.13.1 Logicmanager Basic Information
- 9.13.2 Logicmanager Third Party Risk Management Product Overview
- 9.13.3 Logicmanager Third Party Risk Management Product Market Performance
- 9.13.4 Logicmanager Business Overview
- 9.13.5 Logicmanager Recent Developments
- 10 Third Party Risk Management Market Forecast By Region
- 10.1 Global Third Party Risk Management Market Size Forecast
- 10.2 Global Third Party Risk Management Market Forecast By Region
- 10.2.1 North America Market Size Forecast By Country
- 10.2.2 Europe Third Party Risk Management Market Size Forecast By Country
- 10.2.3 Asia Pacific Third Party Risk Management Market Size Forecast By Region
- 10.2.4 South America Third Party Risk Management Market Size Forecast By Country
- 10.2.5 Middle East And Africa Forecasted Sales Of Third Party Risk Management By Country
- 11 Forecast Market By Type And By Application (2026-2033)
- 11.1 Global Third Party Risk Management Market Forecast By Type (2026-2033)
- 11.2 Global Third Party Risk Management Market Forecast By Application (2026-2033)
- 12 Conclusion And Key Findings
Pricing
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