However, the lack of technically skilled personnel and lack of awareness about TPRM services among end-users are major restraining factors that could hamper the growth of the market.

Global Third-Party Risk Management Market Component (Solution (Financial Control, Contract, Operational Risk, Audit, and Compliance) and Service (Professional & Managed)), Deployment Mode (Cloud and On-Premises), Organization Size

Global Third-Party Risk Management Market Component (Solution (Financial Control, Contract, Operational Risk, Audit, and Compliance) and Service (Professional & Managed)), Deployment Mode (Cloud and On-Premises), Organization Size (Small and Medium-Sized...

The Global Third-Party Risk Management Market is expected to grow from USD 3.1 billion in 2018 to USD 6.9 billion by 2026 at a CAGR of 15.67% during the forecast period from 2018-2026.

Third-Party Risk Management is important for protecting from variety of threats, but developing and overseeing a third-party risk management (TPRM) program can be extraordinarily resource-intensive.

Third-Party Risk Management Market Component (Solution (Financial Control, Contract, Operational Risk, Audit, and Compliance) and Service (Professional & Managed)), Deployment Mode (Cloud and On-Premises), Organization Size (Small and Medium-Sized

Third-Party Risk Management Market Component (Solution (Financial Control, Contract, Operational Risk, Audit, and Compliance) and Service (Professional & Managed)), Deployment Mode (Cloud and On-Premises), Organization Size (Small and Medium-Sized

Third-Party Risk Management Market Component (Solution (Financial Control, Contract, Operational Risk, Audit, and Compliance) and Service (Professional & Managed)), Deployment Mode (Cloud and On-Premises), Organization Size (Small and Medium-Sized