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Download Free sampleIT 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.
IT Vendor Risk Management Market contains market size and forecasts of IT Vendor Risk Management in Global, including the following market information:
Global IT Vendor Risk Management Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global IT Vendor Risk Management market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Cloud-based Segment to Reach $ Million by 2028, 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 2021, the global top five players have a share approximately % in terms of revenue.
We 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, 2017-2022, 2023-2028 ($ millions)
Global IT Vendor Risk Management Market Segment Percentages, by Type, 2021 (%)
Global IT Vendor Risk Management Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global IT Vendor Risk Management Market Segment Percentages, by Application, 2021 (%)
Global IT Vendor Risk Management Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global IT Vendor Risk Management Market Segment Percentages, By Region and Country, 2021 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
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