Table of Content

1 INTRODUCTION 20
1.1 OBJECTIVES OF THE STUDY 20
1.2 MARKET DEFINITION 20
1.2.1 INCLUSIONS AND EXCLUSIONS 20
1.3 MARKET SCOPE 21
1.3.1 MARKET SEGMENTATION 21
1.3.2 REGIONS COVERED 22
1.4 YEARS CONSIDERED FOR THE STUDY 22
1.5 CURRENCY CONSIDERED 23
1.6 STAKEHOLDERS 23

2 RESEARCH METHODOLOGY 24
2.1 RESEARCH DATA 24
2.1.1 SECONDARY DATA 25
2.1.1.1 Vendor selection and evaluation 26
2.1.1.2 Geographic analysis 28
2.1.1.3 Analysis of industry trends 29
2.1.2 PRIMARY DATA 31
2.1.2.1 Key industry insights 31
2.1.2.2 Breakup of primaries 31
2.2 DATA TRIANGULATION 32
2.3 MARKET SIZE ESTIMATION 33
2.3.1 REVENUE ESTIMATES 33
2.3.2 BOTTOM-UP APPROACH 34
2.3.3 TOP-DOWN APPROACH 35
2.4 MARKET FORECAST 35

3 EXECUTIVE SUMMARY 36

4 PREMIUM INSIGHTS 40
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE THIRD-PARTY RISK MANAGEMENT MARKET 40
4.2 THIRD-PARTY RISK MANAGEMENT MARKET, BY SOLUTION, 2019 41
4.3 THIRD-PARTY RISK MANAGEMENT MARKET, BY DEPLOYMENT MODE, 2019–2024 41
4.4 THIRD-PARTY RISK MANAGEMENT MARKET, TOP 3 VERTICALS AND REGIONS, 2019 42
4.5 THIRD-PARTY RISK MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2024 42
4.6 MARKET INVESTMENT SCENARIO 43

5 MARKET OVERVIEW 44
5.1 INTRODUCTION 44
5.2 MARKET DYNAMICS 44
5.2.1 DRIVERS 45
5.2.1.1 Need for economic management 45
5.2.1.2 Lack of in-house competencies 46
5.2.1.3 Increasing adoption of virtual applications 46
5.2.1.4 Rising instances of cyberattacks 46
5.2.2 RESTRAINTS 47
5.2.2.1 Dependence on non-formal and manual business processes 47
5.2.2.2 Lack of skilled professionals 47
5.2.3 OPPORTUNITIES 48
5.2.3.1 Increase in stringent regulations and compliance requirements 48
5.2.3.2 Increasing demand for hybrid environment 49
5.2.3.3 Technological advancements, including automation, data analytics, and smart contracts 50
5.2.4 CHALLENGES 50
5.2.4.1 Compatibility issues with legacy systems 50
5.2.4.2 Lack of awareness of TPRM solutions and services 51
5.3 USE CASES 51
5.4 BEST PRACTICES IN THIRD-PARTY RISK MANAGEMENT 52

6 THIRD-PARTY RISK MANAGEMENT MARKET, BY COMPONENT 53
6.1 INTRODUCTION 54
6.2 SOLUTIONS 55
6.2.1 INCREASING CYBERATTACKS TO DRIVE THE ADOPTION OF THIRD-PARTY RISK MANAGEMENT SOLUTIONS 55
6.3 SERVICES 56
6.3.1 NEED FOR SEAMLESS EXPERIENCE AND PERSONALIZED SERVICES TO CONTRIBUTE TO THE DEMAND OF THIRD-PARTY RISK MANAGEMENT SERVICES 56

7 THIRD-PARTY RISK MANAGEMENT MARKET, BY SOLUTION 57
7.1 INTRODUCTION 58
7.2 FINANCIAL CONTROL MANAGEMENT 59
7.2.1 GROWING NEED TO OPTIMIZE OPERATIONAL EFFICIENCY AND MEET FINANCIAL EXPECTATIONS DRIVING THE DEMAND FOR FINANCIAL CONTROL MANAGEMENT SOLUTIONS 59
7.3 CONTRACT MANAGEMENT 60
7.3.1 INCREASING NEED TO MANAGE VARIOUS ATTRIBUTES OF CONTRACTS TO BOOST THE ADOPTION OF CONTRACT MANAGEMENT SOLUTIONS 60
7.4 OPERATIONAL RISK MANAGEMENT 61
7.4.1 ADVANCED CAPABILITIES OF OPERATIONAL RISK MANAGEMENT SOLUTIONS TO BOOST THEIR GROWTH 61
7.5 AUDIT MANAGEMENT 61
7.5.1 INCREASING COMPLEXITY OF BUSINESS OPERATIONS TO FUEL THE ADOPTION OF AUDIT MANAGEMENT SOLUTIONS 61
7.6 COMPLIANCE MANAGEMENT 62
7.6.1 INCREASING FOCUS TOWARD ACHIEVING FINANCIAL TRANSPARENCY TO DRIVE THE ADOPTION OF COMPLIANCE MANAGEMENT SOLUTIONS 62
7.7 OTHERS 63

8 THIRD-PARTY RISK MANAGEMENT MARKET, BY SERVICE 65
8.1 INTRODUCTION 66
8.2 PROFESSIONAL SERVICES 67
8.2.1 CONSULTING 68
8.2.1.1 Consulting services to play a crucial role in helping organizations improve their TPRM program 68
8.2.2 INTEGRATION AND DESIGN 69
8.2.2.1 Integration and design services to gain traction for the successful implementation of TPRM solutions 69
8.2.3 SUPPORT AND MAINTENANCE 70
8.2.3.1 Increasing adoption of TPRM solutions to boost the demand for support and maintenance services 70
8.3 MANAGED SERVICES 71
8.3.1 MANAGED SERVICES GAINING POPULARITY AS THEY HELP ORGANIZATIONS MEET COMPLIANCE NEEDS 71

9 THIRD-PARTY RISK MANAGEMENT MARKET, BY DEPLOYMENT MODE 72
9.1 INTRODUCTION 73
9.2 CLOUD 74
9.2.1 LOW COST OF INSTALLATION, UPGRADE, AND MAINTENANCE TO BOOST THE ADOPTION OF CLOUD-BASED THIRD-PARTY RISK MANAGEMENT SOLUTIONS 74
9.3 ON-PREMISES 75
9.3.1 NEED TO SECURE IN-HOUSE APPLICATIONS, PLATFORMS, AND SYSTEMS AGAINST EVOLVING NETWORK-BASED ATTACKS DRIVING THE ADOPTION OF ON-PREMISES THIRD-PARTY RISK MANAGEMENT SOLUTIONS 75

10 THIRD-PARTY RISK MANAGEMENT MARKET, BY ORGANIZATION SIZE 76
10.1 INTRODUCTION 77
10.2 SMALL AND MEDIUM-SIZED ENTERPRISES 78
10.2.1 COST EFFECTIVENESS TO DRIVE THE ADOPTION OF TPRM SOLUTIONS AMONG SMALL AND MEDIUM-SIZED ENTERPRISES 78
10.3 LARGE ENTERPRISES 78
10.3.1 GROWING NEED FOR SECURING DATA FROM VULNERABILITIES TO FUEL THE ADOPTION OF THIRD-PARTY RISK MANAGEMENT SOLUTIONS IN LARGE ENTERPRISES 78

11 THIRD-PARTY RISK MANAGEMENT MARKET, BY VERTICAL 80
11.1 INTRODUCTION 81
11.2 BANKING, FINANCIAL SERVICES, AND INSURANCE 82
11.2.1 NEED TO KEEP UP WITH CHANGING REGULATORY ENVIRONMENT DRIVING THE ADOPTION OF THIRD-PARTY RISK MANAGEMENT SOLUTIONS IN THE BFSI VERTICAL 82
11.3 IT AND TELECOM 83
11.3.1 NEED TO EFFECTIVELY MANAGE COMPLIANCE AND RISK PROGRAMS DRIVING THE ADOPTION OF THIRD-PARTY RISK MANAGEMENT SOLUTIONS IN THE IT AND TELECOM VERTICAL 83
11.4 HEALTHCARE AND LIFE SCIENCES 84
11.4.1 NEED TO ENHANCE PERFORMANCE OF SERVICES DRIVING THE ADOPTION OF THIRD-PARTY RISK MANAGEMENT SOLUTIONS IN THE HEALTHCARE AND LIFE SCIENCES VERTICAL 84
11.5 GOVERNMENT, AEROSPACE, AND DEFENSE 85
11.5.1 NEED TO COMPLY WITH FEDERAL DIRECTIVES AND OPERATIONAL MANDATES DRIVING THE ADOPTION OF THIRD-PARTY RISK MANAGEMENT SOLUTIONS IN THE GOVERNMENT, AEROSPACE, AND DEFENSE SECTOR 85
11.6 RETAIL AND CONSUMER GOODS 86
11.6.1 NEED TO REDUCE OPERATIONAL COST AND ENHANCE PROFIT MARGINS DRIVING THE ADOPTION OF THIRD-PARTY RISK MANAGEMENT SOLUTIONS IN THE RETAIL AND CONSUMER GOODS VERTICAL 86
11.7 MANUFACTURING 87
11.7.1 NEED FOR EFFECTIVE RISK MANAGEMENT TO DRIVE THE ADOPTION OF THIRD-PARTY RISK MANAGEMENT SOLUTIONS IN THE MANUFACTURING VERTICAL 87
11.8 ENERGY AND UTILITIES 88
11.8.1 NEED TO SET UP PROACTIVE POLICIES TO COMPLY WITH DIRECTIVES DRIVING THE ADOPTION OF THIRD-PARTY RISK MANAGEMENT SOLUTIONS IN THE ENERGY AND UTILITIES VERTICAL 88
11.9 OTHERS 88

12 THIRD-PARTY RISK MANAGEMENT MARKET, BY REGION 90
12.1 INTRODUCTION 91
12.2 NORTH AMERICA 93
12.2.1 UNITED STATES 98
12.2.1.1 Increasing need for secure and comprehensive partner network to boost the adoption of TPRM solutions in the US 98
12.2.2 CANADA 99
12.2.2.1 Growing data security concerns and regulations to fuel the adoption of TPRM solutions in Canada 99
12.3 EUROPE 101
12.3.1 UNITED KINGDOM 105
12.3.1.1 Growing complexity of regulations to fuel the adoption of TPRM solutions in the UK 105
12.3.2 GERMANY 106
12.3.2.1 Advancement toward digitalization approach to boost the growth of TPRM market in Germany 106
12.3.3 REST OF EUROPE 108
12.4 ASIA PACIFIC 109
12.4.1 CHINA 115
12.4.1.1 Emergence of mobile technologies, cloud computing, and increased automation to bolster the growth of TPRM market in China 115
12.4.2 JAPAN 116
12.4.2.1 Growing trend of industrialization and modernization driving the growth of TPRM market in Japan 116
12.4.3 INDIA 118
12.4.3.1 High IT spending and stable government support for implementing the latest technologies to fuel the growth of TPRM market in India 118
12.4.4 REST OF ASIA PACIFIC 119
12.5 MIDDLE EAST AND AFRICA 120
12.5.1 MIDDLE EAST 125
12.5.1.1 Growing need to provide robust third-party ecosystem driving the growth of TPRM market in the Middle East 125
12.5.2 AFRICA 126
12.5.2.1 TPRM to be the next step of advancement for improving operations and services in Africa 126
12.6 LATIN AMERICA 127
12.6.1 BRAZIL 132
12.6.1.1 Growing focus of financial institutions on the integration of TPRM solutions to drive the market growth in Brazil 132
12.6.2 MEXICO 133
12.6.2.1 Increased productivity by using TPRM solutions to boost the market growth in Mexico 133
12.6.3 REST OF LATIN AMERICA 135
13 COMPETITIVE LANDSCAPE 137
13.1 INTRODUCTION 137
13.2 COMPETITIVE LEADERSHIP MAPPING 137
13.2.1 VISIONARY LEADERS 137
13.2.2 DYNAMIC DIFFERENTIATORS 137
13.2.3 INNOVATORS 138
13.2.4 EMERGING COMPANIES 138
13.3 COMPETITIVE SCENARIO 139
13.3.1 NEW PRODUCT LAUNCHES AND PRODUCT ENHANCEMENTS 140
13.3.2 PARTNERSHIPS AND COLLABORATIONS 141
13.3.3 MERGERS AND ACQUISITIONS 143

14 COMPANY PROFILES 144
14.1 INTRODUCTION 144
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
14.2 RSA 144
14.3 GENPACT 148
14.4 METRICSTREAM 151
14.5 DELOITTE 154
14.6 KPMG 157
14.7 BITSIGHT 160
14.8 ERNST & YOUNG 162
14.9 PWC 165
14.10 PROCESSUNITY 167
14.11 VENMINDER 169
14.12 RESOLVER 171
14.13 NAVEX GLOBAL 171
14.14 RISKPRO 172
14.15 SAI GLOBAL 172
14.16 RAPIDRATINGS 173
14.17 OPTIV 173
14.18 ARAVO 174
14.19 ONETRUST 174
14.20 GALVANIZE 175
14.21 PREVALENT 175
14.22 ALYNE 176
*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.

15 APPENDIX 177
15.1 DISCUSSION GUIDE 177
15.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 181
15.3 AVAILABLE CUSTOMIZATIONS 183
15.4 RELATED REPORTS 183
15.5 AUTHOR DETAILS 184



List of Figures



FIGURE 1 GLOBAL THIRD-PARTY RISK MANAGEMENT MARKET: RESEARCH DESIGN 25
FIGURE 2 SAMPLE SECONDARY DATA: GEOGRAPHIC ANALYSIS 28
FIGURE 3 SAMPLE SECONDARY DATA: EUROPE 29
FIGURE 4 SAMPLE SECONDARY DATA: INDUSTRY ANALYSIS 29
FIGURE 5 SAMPLE SECONDARY DATA: TOP AREAS OF THIRD-PARTY ENGAGEMENT RISK 30
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 33
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 34
FIGURE 8 FACTOR ANALYSIS FOR MARKET TREND AND FORECAST 35
FIGURE 9 SERVICES SEGMENT TO WITNESS A HIGHER GROWTH DURING
THE FORECAST PERIOD 38
FIGURE 10 NORTH AMERICA TO ACCOUNT FOR THE HIGHEST MARKET SHARE IN 2019 38
FIGURE 11 FASTEST-GROWING SEGMENTS OF THE
THIRD-PARTY RISK MANAGEMENT MARKET 39
FIGURE 12 INCREASING DEMAND FOR TPRM SOLUTIONS AND SERVICES AND GROWING ADOPTION BY SMALL AND MEDIUM-SIZED ENTERPRISES TO FUEL THE GROWTH OF THIRD-PARTY RISK MANAGEMENT MARKET 40
FIGURE 13 FINANCIAL CONTROL MANAGEMENT SEGMENT TO ACCOUNT FOR THE HIGHEST MARKET SHARE IN 2019 41
FIGURE 14 ON-PREMISES SEGMENT TO ACCOUNT FOR A HIGHER MARKET SHARE DURING THE FORECAST PERIOD 41
FIGURE 15 BANKING, FINANCIAL SERVICES, AND INSURANCE VERTICAL AND NORTH AMERICA REGION TO ACCOUNT FOR THE HIGHEST MARKET SHARES IN 2019 42
FIGURE 16 SMALL AND MEDIUM-SIZED ENTERPRISES SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 42
FIGURE 17 ASIA PACIFIC TO EMERGE AS THE BEST MARKET FOR INVESTMENTS IN
THE NEXT 5 YEARS 43
FIGURE 18 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: THIRD-PARTY RISK MANAGEMENT MARKET 45
FIGURE 19 SERVICES SEGMENT TO GROW AT A HIGHER CAGR DURING
THE FORECAST PERIOD 54
FIGURE 20 COMPLIANCE MANAGEMENT SEGMENT TO RECORD THE HIGHEST CAGR DURING THE FORECAST PERIOD 58
FIGURE 21 MANAGED SERVICES SEGMENT TO RECORD A HIGHER CAGR DURING
THE FORECAST PERIOD 66
FIGURE 22 CONSULTING SERVICES SEGMENT TO RECORD THE HIGHEST CAGR DURING
THE FORECAST PERIOD 67
FIGURE 23 CLOUD DEPLOYMENT MODE TO GROW AT A HIGHER CAGR DURING
THE FORECAST PERIOD 73
FIGURE 24 SMALL AND MEDIUM-SIZED ENTERPRISES SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 77
FIGURE 25 HEALTHCARE AND LIFE SCIENCES VERTICAL TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD 81
FIGURE 26 NORTH AMERICA TO ACCOUNT FOR THE LARGEST MARKET SIZE DURING THE FORECAST PERIOD 91
FIGURE 27 ASIA PACIFIC TO BE AN ATTRACTIVE MARKET FOR INVESTMENTS 92
FIGURE 28 NORTH AMERICA: MARKET SNAPSHOT 93
FIGURE 29 SOLUTIONS SEGMENT TO ACCOUNT FOR A LARGER MARKET SIZE IN NORTH AMERICA DURING THE FORECAST PERIOD 94
FIGURE 30 COMPLIANCE MANAGEMENT SEGMENT TO GROW AT THE HIGHEST CAGR IN EUROPE DURING THE FORECAST PERIOD 101
FIGURE 31 ASIA PACIFIC: MARKET SNAPSHOT 110
FIGURE 32 CONSULTING SEGMENT TO HAVE THE LARGEST MARKET SIZE IN ASIA PACIFIC DURING THE FORECAST PERIOD 111
FIGURE 33 CLOUD SEGMENT TO GROW AT A HIGHER CAGR IN MIDDLE EAST AND AFRICA DURING THE FORECAST PERIOD 121
FIGURE 34 SERVICES SEGMENT TO GROW AT A HIGHER CAGR IN LATIN AMERICA DURING THE FORECAST PERIOD 128
FIGURE 35 THIRD-PARTY RISK MANAGEMENT MARKET (GLOBAL), COMPETITIVE LEADERSHIP MAPPING, 2018 138
FIGURE 36 KEY DEVELOPMENTS BY THE LEADING PLAYERS IN THE THIRD-PARTY RISK MANAGEMENT MARKET DURING 2018–2019 139
FIGURE 37 RSA: SWOT ANALYSIS 147
FIGURE 38 GENPACT: COMPANY SNAPSHOT 148
FIGURE 39 GENPACT: SWOT ANALYSIS 150
FIGURE 40 METRICSTREAM: SWOT ANALYSIS 153
FIGURE 41 DELOITTE: COMPANY SNAPSHOT 154
FIGURE 42 DELOITTE: SWOT ANALYSIS 155
FIGURE 43 KPMG: COMPANY SNAPSHOT 157
FIGURE 44 KPMG: SWOT ANALYSIS 159
FIGURE 45 ERNST & YOUNG: COMPANY SNAPSHOT 162
FIGURE 46 PWC: COMPANY SNAPSHOT 165

 

List of Tables



TABLE 1 THIRD-PARTY RISK MANAGEMENT MARKET ECOSYSTEM: VENDOR SELECTION AND EVALUATION CRITERIA 26
TABLE 2 REVENUE AND SHARE ESTIMATES FOR SELECTED VENDORS IN THE THIRD-PARTY RISK MANAGEMENT MARKET 27
TABLE 3 THIRD-PARTY RISK MANAGEMENT MARKET SIZE AND GROWTH RATE 2017–2024 (USD MILLION, Y-O-Y %) 37
TABLE 4 TOP 10 KEY CONCERNS OF THIRD-PARTY RELATIONSHIPS 47
TABLE 5 MAJOR THIRD-PARTY RISK MANAGEMENT-ASSOCIATED REGULATIONS AND GUIDELINES 48
TABLE 6 THIRD-PARTY RISK MANAGEMENT MARKET: USE CASES 51
TABLE 7 10 BEST PRACTICES TO REACH DESIRED MATURITY LEVELS IN THIRD-PARTY RISK MANAGEMENT 52
TABLE 8 THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY COMPONENT 2017–2024 (USD MILLION) 54
TABLE 9 SOLUTIONS: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 55
TABLE 10 SERVICES: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 56
TABLE 11 THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY SOLUTION 2017–2024 (USD MILLION) 58
TABLE 12 FINANCIAL CONTROL MANAGEMENT: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 59
TABLE 13 CONTRACT MANAGEMENT: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY REGION, 2017–2024 (USD MILLION) 60
TABLE 14 OPERATIONAL RISK MANAGEMENT: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 61
TABLE 15 AUDIT MANAGEMENT: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY REGION, 2017–2024 (USD MILLION) 62
TABLE 16 COMPLIANCE MANAGEMENT: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY REGION, 2017–2024 (USD MILLION) 63
TABLE 17 OTHERS: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 64
TABLE 18 THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY SERVICE 2017–2024 (USD MILLION) 66
TABLE 19 PROFESSIONAL SERVICES: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY TYPE, 2017–2024 (USD MILLION) 67
TABLE 20 PROFESSIONAL SERVICES: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY REGION, 2017–2024 (USD MILLION) 68
TABLE 21 CONSULTING MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 69
TABLE 22 INTEGRATION AND DESIGN MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 69
TABLE 23 SUPPORT AND MAINTENANCE MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 70
TABLE 24 MANAGED SERVICES: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY REGION, 2017–2024 (USD MILLION) 71
TABLE 25 THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE 2017–2024 (USD MILLION) 73
TABLE 26 CLOUD: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 74
TABLE 27 ON-PREMISES: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 75
TABLE 28 THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE 2017–2024 (USD MILLION) 77
TABLE 29 SMALL AND MEDIUM-SIZED ENTERPRISES: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 78
TABLE 30 LARGE ENTERPRISES: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY REGION, 2017–2024 (USD MILLION) 79
TABLE 31 THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY VERTICAL 2017–2024 (USD MILLION) 82
TABLE 32 BANKING, FINANCIAL SERVICES, AND INSURANCE: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 83
TABLE 33 IT AND TELECOM: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY REGION, 2017–2024 (USD MILLION) 84
TABLE 34 HEALTHCARE AND LIFE SCIENCES: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 85
TABLE 35 GOVERNMENT, AEROSPACE, AND DEFENSE: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 86
TABLE 36 RETAIL AND CONSUMER GOODS: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 86
TABLE 37 MANUFACTURING: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 87
TABLE 38 ENERGY AND UTILITIES: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY REGION, 2017–2024 (USD MILLION) 88
TABLE 39 OTHERS: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 89
TABLE 40 THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 92
TABLE 41 NORTH AMERICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY COMPONENT, 2017–2024 (USD MILLION) 94
TABLE 42 NORTH AMERICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY SOLUTION, 2017–2024 (USD MILLION) 95
TABLE 43 NORTH AMERICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY SERVICE, 2017–2024 (USD MILLION) 95
TABLE 44 NORTH AMERICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY PROFESSIONAL SERVICE, 2017–2024 (USD MILLION) 96
TABLE 45 NORTH AMERICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY DEPLOYMENT MODE, 2017–2024 (USD MILLION) 96
TABLE 46 NORTH AMERICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 96
TABLE 47 NORTH AMERICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY VERTICAL, 2017–2024 (USD MILLION) 97
TABLE 48 NORTH AMERICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY COUNTRY, 2017–2024 (USD MILLION) 97
TABLE 49 UNITED STATES: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY COMPONENT, 2017–2024 (USD MILLION) 98
TABLE 50 UNITED STATES: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY DEPLOYMENT MODE, 2017–2024 (USD MILLION) 98
TABLE 51 UNITED STATES: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 99
TABLE 52 CANADA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY COMPONENT, 2017–2024 (USD MILLION) 100
TABLE 53 CANADA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2017–2024 (USD MILLION) 100
TABLE 54 CANADA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 100
TABLE 55 EUROPE: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY COMPONENT, 2017–2024 (USD MILLION) 101
TABLE 56 EUROPE: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY SOLUTION 2017–2024 (USD MILLION) 102
TABLE 57 EUROPE: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY SERVICE 2017–2024 (USD MILLION) 102
TABLE 58 EUROPE: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICE, 2017–2024 (USD MILLION) 103
TABLE 59 EUROPE: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2017–2024 (USD MILLION) 103
TABLE 60 EUROPE: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 103
TABLE 61 EUROPE: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY VERTICAL 2017–2024 (USD MILLION) 104
TABLE 62 EUROPE: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY COUNTRY 2017–2024 (USD MILLION) 104
TABLE 63 UNITED KINGDOM: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY COMPONENT, 2017–2024 (USD MILLION) 105
TABLE 64 UNITED KINGDOM: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY DEPLOYMENT MODE, 2017–2024 (USD MILLION) 105
TABLE 65 UNITED KINGDOM: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 106
TABLE 66 GERMANY: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY COMPONENT, 2017–2024 (USD MILLION) 106
TABLE 67 GERMANY: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2017–2024 (USD MILLION) 107
TABLE 68 GERMANY: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 107
TABLE 69 REST OF EUROPE: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY COMPONENT, 2017–2024 (USD MILLION) 108
TABLE 70 REST OF EUROPE: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY DEPLOYMENT MODE, 2017–2024 (USD MILLION) 108
TABLE 71 REST OF EUROPE: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 109
TABLE 72 ASIA PACIFIC: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY COMPONENT, 2017–2024 (USD MILLION) 111
TABLE 73 ASIA PACIFIC: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY SOLUTION, 2017–2024 (USD MILLION) 112
TABLE 74 ASIA PACIFIC: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY SERVICE, 2017–2024 (USD MILLION) 112
TABLE 75 ASIA PACIFIC: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY PROFESSIONAL SERVICE, 2017–2024 (USD MILLION) 113
TABLE 76 ASIA PACIFIC: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY DEPLOYMENT MODE, 2017–2024 (USD MILLION) 113
TABLE 77 ASIA PACIFIC: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 113
TABLE 78 ASIA PACIFIC: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY VERTICAL, 2017–2024 (USD MILLION) 114
TABLE 79 ASIA PACIFIC: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION) 114
TABLE 80 CHINA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY COMPONENT 2017–2024 (USD MILLION) 115
TABLE 81 CHINA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2017–2024 (USD MILLION) 115
TABLE 82 CHINA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 116
TABLE 83 JAPAN: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY COMPONENT 2017–2024 (USD MILLION) 116
TABLE 84 JAPAN: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2017–2024 (USD MILLION) 117
TABLE 85 JAPAN: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 117
TABLE 86 INDIA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY COMPONENT 2017–2024 (USD MILLION) 118
TABLE 87 INDIA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2017–2024 (USD MILLION) 118
TABLE 88 INDIA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 119
TABLE 89 REST OF ASIA PACIFIC: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY COMPONENT, 2017–2024 (USD MILLION) 119
TABLE 90 REST OF ASIA PACIFIC: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY DEPLOYMENT MODE, 2017–2024 (USD MILLION) 120
TABLE 91 REST OF ASIA PACIFIC: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 120
TABLE 92 MIDDLE EAST AND AFRICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY COMPONENT, 2017–2024 (USD MILLION) 121
TABLE 93 MIDDLE EAST AND AFRICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY SOLUTION, 2017–2024 (USD MILLION) 122
TABLE 94 MIDDLE EAST AND AFRICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY SERVICE, 2017–2024 (USD MILLION) 122
TABLE 95 MIDDLE EAST AND AFRICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY PROFESSIONAL SERVICE, 2017–2024 (USD MILLION) 123
TABLE 96 MIDDLE EAST AND AFRICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY DEPLOYMENT MODE, 2017–2024 (USD MILLION) 123
TABLE 97 MIDDLE EAST AND AFRICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 123
TABLE 98 MIDDLE EAST AND AFRICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY VERTICAL, 2017–2024 (USD MILLION) 124
TABLE 99 MIDDLE EAST AND AFRICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY SUB-REGION, 2017–2024 (USD MILLION) 124
TABLE 100 MIDDLE EAST: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY COMPONENT, 2017–2024 (USD MILLION) 125
TABLE 101 MIDDLE EAST: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2017–2024 (USD MILLION) 125
TABLE 102 MIDDLE EAST: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 126
TABLE 103 AFRICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY COMPONENT 2017–2024 (USD MILLION) 126
TABLE 104 AFRICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2017–2024 (USD MILLION) 127
TABLE 105 AFRICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 127
TABLE 106 LATIN AMERICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY COMPONENT, 2017–2024 (USD MILLION) 128
TABLE 107 LATIN AMERICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY SOLUTION, 2017–2024 (USD MILLION) 129
TABLE 108 LATIN AMERICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY SERVICE, 2017–2024 (USD MILLION) 129
TABLE 109 LATIN AMERICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY PROFESSIONAL SERVICE, 2017–2024 (USD MILLION) 130
TABLE 110 LATIN AMERICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY DEPLOYMENT MODE, 2017–2024 (USD MILLION) 130
TABLE 111 LATIN AMERICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 130
TABLE 112 LATIN AMERICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY VERTICAL, 2017–2024 (USD MILLION) 131
TABLE 113 LATIN AMERICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION) 131
TABLE 114 BRAZIL: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY COMPONENT 2017–2024 (USD MILLION) 132
TABLE 115 BRAZIL: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2017–2024 (USD MILLION) 133
TABLE 116 BRAZIL: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 133
TABLE 117 MEXICO: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY COMPONENT, 2017–2024 (USD MILLION) 134
TABLE 118 MEXICO: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2017–2024 (USD MILLION) 134
TABLE 119 MEXICO: THIRD-PARTY RISK MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 134
TABLE 120 REST OF LATIN AMERICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY COMPONENT, 2017–2024 (USD MILLION) 135
TABLE 121 REST OF LATIN AMERICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY DEPLOYMENT MODE, 2017–2024 (USD MILLION) 135
TABLE 122 REST OF LATIN AMERICA: THIRD-PARTY RISK MANAGEMENT MARKET SIZE BY ORGANIZATION SIZE, 2017–2024 (USD MILLION) 136
TABLE 123 EVALUATION CRITERIA 137
TABLE 124 NEW PRODUCT LAUNCHES AND PRODUCT ENHANCEMENTS, 2018–2019 140
TABLE 125 PARTNERSHIPS AND COLLABORATIONS, 2018–2019 141
TABLE 126 MERGERS AND ACQUISITIONS, 2018–2019 143