Middle East & Africa Vendor Risk Management Market Size & Outlook
Middle East & Africa vendor risk management market, 2018-2030 (US$M)
Related Markets
MEA vendor risk management market highlights
- The MEA vendor risk management market generated a revenue of USD 384.9 million in 2023.
- The market is expected to grow at a CAGR of 15.1% from 2024 to 2030.
- In terms of segment, large enterprises was the largest revenue generating enterprise size in 2023.
- Small & Medium Enterprises is the most lucrative enterprise size segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 384.9 million |
| Market revenue in 2030 | USD 1,029.2 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 |
| Key market players worldwide | Genpact Ltd, KKR & Co Inc Ordinary Shares, Rapid, SAI.TECH Global Corp, BitSight, NAVEX Global, MetricStream, Resolver, RSA Security, Quantivate |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.1% of the global vendor risk management market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,896.7 million by 2030.
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Vendor Risk Management Market Scope
Vendor Risk Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 66.59% in 2023. Horizon Databook has segmented the Middle East & Africa vendor risk management market based on small & medium enterprises, large enterprises covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa Vendor Risk Management Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
- Small & Medium Enterprises
- Large Enterprises
- Middle East & Africa 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
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Target buyers of Middle East & Africa vendor risk management market databook
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Our clientele includes a mix of vendor risk management market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 continent-level data and insights on the Middle East & Africa vendor risk management market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa vendor risk management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA vendor risk management market size, by country, 2018-2030 (US$M)
Middle East & Africa Vendor Risk Management Market Outlook Share, 2023 & 2030 (US$M)
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