IT Vendor Risk Management Market, Global Outlook and Forecast 2023-2029

Report ID: MMG100088 | Category: Service & Software | Pages: 104 | Format: PDF | Published Date: July 12,2023

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Report Description
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Report Summary

IT vendor risk management (VRM) is the process of ensuring that the use of external IT service providers and other IT vendors (third parties) does not create unacceptable potential for business disruption or have a negative impact on business performance. IT VRM solutions support enterprises that have to assess, monitor and manage their exposure to risks arising from their use of third parties that provide IT products and services or that have access to their information. Some solutions' capabilities extend to fourth parties and subcontractors — a feature increasingly important to customers.
This report aims to provide a comprehensive presentation of the global market for IT Vendor Risk Management, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IT Vendor Risk Management. This report contains market size and forecasts of IT Vendor Risk Management in global, including the following market information:
Global IT Vendor Risk Management Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global IT Vendor Risk Management market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Cloud-based Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of IT Vendor Risk Management include Security Scorecard, BitSight, Dell Technologies(RSA), Processllnity, Rsam, Prevalent, Aravo, Quantivate and SAI Global, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the IT Vendor Risk Management companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global IT Vendor Risk Management Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global IT Vendor Risk Management Market Segment Percentages, by Type, 2022 (%)
    Cloud-based
    On-premises
Global IT Vendor Risk Management Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global IT Vendor Risk Management Market Segment Percentages, by Application, 2022 (%)
    Manufacturing
    Retail
    Financial
    Government
    Others
Global IT Vendor Risk Management Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global IT Vendor Risk Management Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies IT Vendor Risk Management revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies IT Vendor Risk Management revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Security Scorecard
    BitSight
    Dell Technologies(RSA)
    Processllnity
    Rsam
    Prevalent
    Aravo
    Quantivate
    SAI Global
    LockPath
    RiskVision (Formerly Agiliance)
    MetricStream
    Hiperos
    Modulo
    Fortrex Technologies
    Brinqa
Outline of Major Chapters:
Chapter 1: Introduces the definition of IT Vendor Risk Management, market overview.
Chapter 2: Global IT Vendor Risk Management market size in revenue.
Chapter 3: Detailed analysis of IT Vendor Risk Management company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by 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 6: Sales of IT Vendor Risk Management in regional level and country level. It 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 IT Vendor Risk Management Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global IT Vendor Risk Management Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global IT Vendor Risk Management Overall Market Size
    2.1 Global IT Vendor Risk Management Market Size: 2022 VS 2029
    2.2 Global IT Vendor Risk Management Market Size, Prospects & Forecasts: 2018-2029
    2.3 Key Market Trends, Opportunity, Drivers and Restraints
        2.3.1 Market Opportunities & Trends
        2.3.2 Market Drivers
        2.3.3 Market Restraints
3 Company Landscape
    3.1 Top IT Vendor Risk Management Players in Global Market
    3.2 Top Global IT Vendor Risk Management Companies Ranked by Revenue
    3.3 Global IT Vendor Risk Management Revenue by Companies
    3.4 Top 3 and Top 5 IT Vendor Risk Management Companies in Global Market, by Revenue in 2022
    3.5 Global Companies IT Vendor Risk Management Product Type
    3.6 Tier 1, Tier 2 and Tier 3 IT Vendor Risk Management Players in Global Market
        3.6.1 List of Global Tier 1 IT Vendor Risk Management Companies
        3.6.2 List of Global Tier 2 and Tier 3 IT Vendor Risk Management Companies
4 Market Sights by Product
    4.1 Overview
        4.1.1 By Type - Global IT Vendor Risk Management Market Size Markets, 2022 & 2029
        4.1.2 Cloud-based
        4.1.3 On-premises
    4.2 By Type - Global IT Vendor Risk Management Revenue & Forecasts
        4.2.1 By Type - Global IT Vendor Risk Management Revenue, 2018-2023
        4.2.2 By Type - Global IT Vendor Risk Management Revenue, 2024-2029
        4.2.3 By Type - Global IT Vendor Risk Management Revenue Market Share, 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global IT Vendor Risk Management Market Size, 2022 & 2029
        5.1.2 Manufacturing
        5.1.3 Retail
        5.1.4 Financial
        5.1.5 Government
        5.1.6 Others
    5.2 By Application - Global IT Vendor Risk Management Revenue & Forecasts
        5.2.1 By Application - Global IT Vendor Risk Management Revenue, 2018-2023
        5.2.2 By Application - Global IT Vendor Risk Management Revenue, 2024-2029
        5.2.3 By Application - Global IT Vendor Risk Management Revenue Market Share, 2018-2029
6 Sights by Region
    6.1 By Region - Global IT Vendor Risk Management Market Size, 2022 & 2029
    6.2 By Region - Global IT Vendor Risk Management Revenue & Forecasts
        6.2.1 By Region - Global IT Vendor Risk Management Revenue, 2018-2023
        6.2.2 By Region - Global IT Vendor Risk Management Revenue, 2024-2029
        6.2.3 By Region - Global IT Vendor Risk Management Revenue Market Share, 2018-2029
    6.3 North America
        6.3.1 By Country - North America IT Vendor Risk Management Revenue, 2018-2029
        6.3.2 US IT Vendor Risk Management Market Size, 2018-2029
        6.3.3 Canada IT Vendor Risk Management Market Size, 2018-2029
        6.3.4 Mexico IT Vendor Risk Management Market Size, 2018-2029
    6.4 Europe
        6.4.1 By Country - Europe IT Vendor Risk Management Revenue, 2018-2029
        6.4.2 Germany IT Vendor Risk Management Market Size, 2018-2029
        6.4.3 France IT Vendor Risk Management Market Size, 2018-2029
        6.4.4 U.K. IT Vendor Risk Management Market Size, 2018-2029
        6.4.5 Italy IT Vendor Risk Management Market Size, 2018-2029
        6.4.6 Russia IT Vendor Risk Management Market Size, 2018-2029
        6.4.7 Nordic Countries IT Vendor Risk Management Market Size, 2018-2029
        6.4.8 Benelux IT Vendor Risk Management Market Size, 2018-2029
    6.5 Asia
        6.5.1 By Region - Asia IT Vendor Risk Management Revenue, 2018-2029
        6.5.2 China IT Vendor Risk Management Market Size, 2018-2029
        6.5.3 Japan IT Vendor Risk Management Market Size, 2018-2029
        6.5.4 South Korea IT Vendor Risk Management Market Size, 2018-2029
        6.5.5 Southeast Asia IT Vendor Risk Management Market Size, 2018-2029
        6.5.6 India IT Vendor Risk Management Market Size, 2018-2029
    6.6 South America
        6.6.1 By Country - South America IT Vendor Risk Management Revenue, 2018-2029
        6.6.2 Brazil IT Vendor Risk Management Market Size, 2018-2029
        6.6.3 Argentina IT Vendor Risk Management Market Size, 2018-2029
    6.7 Middle East & Africa
        6.7.1 By Country - Middle East & Africa IT Vendor Risk Management Revenue, 2018-2029
        6.7.2 Turkey IT Vendor Risk Management Market Size, 2018-2029
        6.7.3 Israel IT Vendor Risk Management Market Size, 2018-2029
        6.7.4 Saudi Arabia IT Vendor Risk Management Market Size, 2018-2029
        6.7.5 UAE IT Vendor Risk Management Market Size, 2018-2029
7 IT Vendor Risk Management Companies Profiles
    7.1 Security Scorecard
        7.1.1 Security Scorecard Company Summary
        7.1.2 Security Scorecard Business Overview
        7.1.3 Security Scorecard IT Vendor Risk Management Major Product Offerings
        7.1.4 Security Scorecard IT Vendor Risk Management Revenue in Global Market (2018-2023)
        7.1.5 Security Scorecard Key News & Latest Developments
    7.2 BitSight
        7.2.1 BitSight Company Summary
        7.2.2 BitSight Business Overview
        7.2.3 BitSight IT Vendor Risk Management Major Product Offerings
        7.2.4 BitSight IT Vendor Risk Management Revenue in Global Market (2018-2023)
        7.2.5 BitSight Key News & Latest Developments
    7.3 Dell Technologies(RSA)
        7.3.1 Dell Technologies(RSA) Company Summary
        7.3.2 Dell Technologies(RSA) Business Overview
        7.3.3 Dell Technologies(RSA) IT Vendor Risk Management Major Product Offerings
        7.3.4 Dell Technologies(RSA) IT Vendor Risk Management Revenue in Global Market (2018-2023)
        7.3.5 Dell Technologies(RSA) Key News & Latest Developments
    7.4 Processllnity
        7.4.1 Processllnity Company Summary
        7.4.2 Processllnity Business Overview
        7.4.3 Processllnity IT Vendor Risk Management Major Product Offerings
        7.4.4 Processllnity IT Vendor Risk Management Revenue in Global Market (2018-2023)
        7.4.5 Processllnity Key News & Latest Developments
    7.5 Rsam
        7.5.1 Rsam Company Summary
        7.5.2 Rsam Business Overview
        7.5.3 Rsam IT Vendor Risk Management Major Product Offerings
        7.5.4 Rsam IT Vendor Risk Management Revenue in Global Market (2018-2023)
        7.5.5 Rsam Key News & Latest Developments
    7.6 Prevalent
        7.6.1 Prevalent Company Summary
        7.6.2 Prevalent Business Overview
        7.6.3 Prevalent IT Vendor Risk Management Major Product Offerings
        7.6.4 Prevalent IT Vendor Risk Management Revenue in Global Market (2018-2023)
        7.6.5 Prevalent Key News & Latest Developments
    7.7 Aravo
        7.7.1 Aravo Company Summary
        7.7.2 Aravo Business Overview
        7.7.3 Aravo IT Vendor Risk Management Major Product Offerings
        7.7.4 Aravo IT Vendor Risk Management Revenue in Global Market (2018-2023)
        7.7.5 Aravo Key News & Latest Developments
    7.8 Quantivate
        7.8.1 Quantivate Company Summary
        7.8.2 Quantivate Business Overview
        7.8.3 Quantivate IT Vendor Risk Management Major Product Offerings
        7.8.4 Quantivate IT Vendor Risk Management Revenue in Global Market (2018-2023)
        7.8.5 Quantivate Key News & Latest Developments
    7.9 SAI Global
        7.9.1 SAI Global Company Summary
        7.9.2 SAI Global Business Overview
        7.9.3 SAI Global IT Vendor Risk Management Major Product Offerings
        7.9.4 SAI Global IT Vendor Risk Management Revenue in Global Market (2018-2023)
        7.9.5 SAI Global Key News & Latest Developments
    7.10 LockPath
        7.10.1 LockPath Company Summary
        7.10.2 LockPath Business Overview
        7.10.3 LockPath IT Vendor Risk Management Major Product Offerings
        7.10.4 LockPath IT Vendor Risk Management Revenue in Global Market (2018-2023)
        7.10.5 LockPath Key News & Latest Developments
    7.11 RiskVision (Formerly Agiliance)
        7.11.1 RiskVision (Formerly Agiliance) Company Summary
        7.11.2 RiskVision (Formerly Agiliance) Business Overview
        7.11.3 RiskVision (Formerly Agiliance) IT Vendor Risk Management Major Product Offerings
        7.11.4 RiskVision (Formerly Agiliance) IT Vendor Risk Management Revenue in Global Market (2018-2023)
        7.11.5 RiskVision (Formerly Agiliance) Key News & Latest Developments
    7.12 MetricStream
        7.12.1 MetricStream Company Summary
        7.12.2 MetricStream Business Overview
        7.12.3 MetricStream IT Vendor Risk Management Major Product Offerings
        7.12.4 MetricStream IT Vendor Risk Management Revenue in Global Market (2018-2023)
        7.12.5 MetricStream Key News & Latest Developments
    7.13 Hiperos
        7.13.1 Hiperos Company Summary
        7.13.2 Hiperos Business Overview
        7.13.3 Hiperos IT Vendor Risk Management Major Product Offerings
        7.13.4 Hiperos IT Vendor Risk Management Revenue in Global Market (2018-2023)
        7.13.5 Hiperos Key News & Latest Developments
    7.14 Modulo
        7.14.1 Modulo Company Summary
        7.14.2 Modulo Business Overview
        7.14.3 Modulo IT Vendor Risk Management Major Product Offerings
        7.14.4 Modulo IT Vendor Risk Management Revenue in Global Market (2018-2023)
        7.14.5 Modulo Key News & Latest Developments
    7.15 Fortrex Technologies
        7.15.1 Fortrex Technologies Company Summary
        7.15.2 Fortrex Technologies Business Overview
        7.15.3 Fortrex Technologies IT Vendor Risk Management Major Product Offerings
        7.15.4 Fortrex Technologies IT Vendor Risk Management Revenue in Global Market (2018-2023)
        7.15.5 Fortrex Technologies Key News & Latest Developments
    7.16 Brinqa
        7.16.1 Brinqa Company Summary
        7.16.2 Brinqa Business Overview
        7.16.3 Brinqa IT Vendor Risk Management Major Product Offerings
        7.16.4 Brinqa IT Vendor Risk Management Revenue in Global Market (2018-2023)
        7.16.5 Brinqa Key News & Latest Developments
8 Conclusion
9 Appendix
    9.1 Note
    9.2 Examples of Clients
    9.3 Disclaimer

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IT Vendor Risk Management Market, Global Outlook and Forecast 2023-2029

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