Global Vendor Risk Management Market Size & Outlook
Global vendor risk management market, 2018-2030 (US$M)
Related Markets
Global vendor risk management market highlights
- The global vendor risk management market generated a revenue of USD 9,310.9 million in 2023 and is expected to reach USD 24,953.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 15.1% by 2030.
- In terms of segment, large enterprises accounted for a revenue of USD 5,031.8 million in 2023.
- Small & Medium Enterprises is the most lucrative enterprise size segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 9,310.9 million |
| Market revenue in 2030 | USD 24,953.3 million |
| Growth rate | 15.1% (CAGR from 2023 to 2030) |
| Largest segment | Large enterprises |
| Fastest growing segment | Small & Medium Enterprises |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Small & Medium Enterprises, Large Enterprises |
Other key industry trends
- In terms of revenue, the North America accounted for 58.8% of the global vendor risk management market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 13,158.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Vendor Risk Management Market Scope
Vendor Risk Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global vendor risk management market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vendor risk management market will help companies and investors design strategic landscapes.
Large enterprises was the largest segment with a revenue share of 54.04% in 2023. Horizon Databook has segmented the Global vendor risk management market based on small & medium enterprises, large enterprises covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Vendor Risk Management Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
- Small & Medium Enterprises
- Large Enterprises
- Global Vendor Risk Management End Use Outlook (Revenue, USD Million, 2018-2030)
- BFSI
- IT & Telecom
- Retail & Consumer Goods
- Manufacturing
- Energy & Utilities
- Healthcare
- Government
- Transportation
- Aerospace & Defense
- High Technology Products
- Others
Reasons to subscribe to Global vendor risk management market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global vendor risk management market databook
-
Our clientele includes a mix of vendor risk management market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global vendor risk management market , including forecasts for subscribers. This global databook contains high-level insights into Global vendor risk management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global vendor risk management market size, by region, 2018-2030 (US$M)
Top 10 countries: Vendor risk management market size, 2023 (US$M)
Global vendor risk management market share, by enterprise size, 2023 & 2030 (%, US$M)
Vendor risk management market: Opportunity assessment by country
Global vendor risk management market, by region, 2023 (US$M)
| Enterprise Size | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 334.3 | 382.3 | 421.8 | 468.3 | 522.6 | 587.5 | 665.6 | 760.5 | 876.8 | 1,020.5 | 1,199.9 | 1,426.1 | 1,714.1 | 16.9% |
| Europe | 1,240.4 | 1,418.0 | 1,564.1 | 1,741.2 | 1,953.7 | 2,215.0 | 2,537.7 | 2,922.9 | 3,368.7 | 3,883.0 | 4,475.8 | 5,159.3 | 5,942.1 | 15.2% |
| North America | 3,003.3 | 3,440.8 | 3,802.7 | 4,244.3 | 4,786.0 | 5,472.6 | 6,287.8 | 7,258.2 | 8,365.3 | 9,619.7 | 11,029.5 | 12,611.3 | 14,371.2 | 14.8% |
| MEA | 218.8 | 250.2 | 276.5 | 307.1 | 342.8 | 384.9 | 434.4 | 493.4 | 563.8 | 648.5 | 751.0 | 875.9 | 1,029.2 | 15.3% |
| Asia Pacific | 364.8 | 417.0 | 459.8 | 511.7 | 574.2 | 650.9 | 745.5 | 858.9 | 991.0 | 1,151.6 | 1,348.5 | 1,592.1 | 1,896.7 | 16.5% |
| Overall | 5,161.6 | 5,908.3 | 6,524.9 | 7,272.6 | 8,179.3 | 9,310.9 | 10,671.0 | 12,293.9 | 14,165.6 | 16,323.3 | 18,804.7 | 21,664.7 | 24,953.3 | 15.1% |
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
