The Third-party Risk Management Global Market Report 2023, provides comprehensive information on the third-party risk management market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Third-party Risk Management Global Market Report 2023, the global third-party risk management market size is expected to grow from $4.42 billion in 2022 to $5.22 billion in 2023 at a compound annual growth rate (CAGR) of 18%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the third-party risk management market is expected to reach $9.66 billion in 2027 at a CAGR of 16.6%.

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The third-party risk management market is segmented:

1) By Component: Solution, Services

2) By Deployment Type: Cloud Based, On-Premises

3) By Organisation Size: Small and Medium Size Enterprises, Large Enterprises

4) By End User: Banking, Financial Services, and Insurance, IT and Telecom, Healthcare and Life Sciences, Government, Aerospace and Defence, Retail and Consumer Goods, Manufacturing, Energy and Power, Other End Users

North America was the largest region in the third-party risk management market in 2022.

The table of contents in TBRC’s third-party risk management market report includes:

1. Executive Summary

2. Third-party Risk Management Market Characteristics

3. Third-party Risk Management Market Trends And Strategies

4. Third-party Risk Management Market - Macro Economic Scenario

5. Third-party Risk Management Market Size And Growth

...

27. Third-party Risk Management Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Third-party Risk Management Market

29. Third-party Risk Management Market Future Outlook and Potential Analysis

30. Appendix

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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