What is the current value of the vendor risk management market?

The market is valued at USD 13.47 billion in 2025 and is projected to reach USD 23.87 billion by 2030. Read More

Which region is growing the fastest?

Asia-Pacific posts the highest forecast CAGR at 14.2% due to rapid digitalisation and evolving regulatory pressure. Read More

Why are cloud deployments preferred for vendor risk management?

Cloud models offer rapid implementation, elastic scalability and seamless updates, enabling 65% of organisations to adopt them in 2024 and grow usage at 15% CAGR. Read More

Which industry vertical spends the most on vendor risk oversight?

Banking, financial services and insurance lead with 28% of 2024 revenue, reflecting strict outsourcing rules and high cyber exposure. Read More

What is driving the rise in ESG-focused vendor assessments?

The EU Corporate Sustainability Reporting Directive requires extensive disclosures across value chains, pushing firms to integrate ESG metrics into supplier selection and monitoring, driving the ESG risk domain at an 18% CAGR. Read More

How do AI capabilities improve vendor risk programmes?

AI automates document review, detects anomalies and delivers continuous monitoring, allowing enterprises to scale oversight despite a shortage of specialised analysts. Read More

Vendor Risk Management Companies

This report lists the top Vendor Risk Management companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Vendor Risk Management industry.