IT 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.
Market Analysis and Insights: Global IT Vendor Risk Management Market
In 2019, the global IT Vendor Risk Management market size was US$ xx million and it is expected to reach US$ xx million by the end of 2026, with a CAGR of xx% during 2021-2026.
Global IT Vendor Risk Management Scope and Market Size
IT Vendor Risk Management market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global IT Vendor Risk Management market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the IT Vendor Risk Management market is segmented into Cloud-based, On-premises, etc.
Segment by Application, the IT Vendor Risk Management market is segmented into Manufacturing, Retail, Financial, Government, Others, etc.
Regional and Country-level Analysis
The IT Vendor Risk Management market is analysed and market size information is provided by regions (countries).
The key regions covered in the IT Vendor Risk Management market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and IT Vendor Risk Management Market Share Analysis
IT Vendor Risk Management market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in IT Vendor Risk Management business, the date to enter into the IT Vendor Risk Management market, IT Vendor Risk Management product introduction, recent developments, etc.
The major vendors include Security Scorecard, BitSight, Dell Technologies(RSA), Processllnity, Rsam, Prevalent, Aravo, Quantivate, SAI Global, LockPath, RiskVision (Formerly Agiliance), MetricStream, Hiperos, Modulo, Fortrex Technologies, Brinqa, etc.

This report focuses on the global IT Vendor Risk Management status, future forecast, growth opportunity, key market and key players. The study objectives are to present the IT Vendor Risk Management development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

Security Scorecard
BitSight
Dell Technologies(RSA)
Processllnity
Rsam
Prevalent
Aravo
Quantivate
SAI Global
LockPath
RiskVision (Formerly Agiliance)
MetricStream
Hiperos
Modulo
Fortrex Technologies
Brinqa

Market segment by Type, the product can be split into

Cloud-based
On-premises

Market segment by Application, split into

Manufacturing
Retail
Financial
Government
Others

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:

To analyze global IT Vendor Risk Management status, future forecast, growth opportunity, key market and key players.
To present the IT Vendor Risk Management development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of IT Vendor Risk Management are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.