According to our (Global Info Research) latest study, the global Vendor Risk Management Software market size was valued at US$ 1255 million in 2025 and is forecast to a readjusted size of US$ 2167 million by 2032 with a CAGR of 8.5% during review period.
Supplier risk management software helps businesses identify, assess, and mitigate risks associated with third-party suppliers and partners. This software integrates data analytics, regulatory compliance, contract monitoring, and performance tracking to ensure supply chain reliability, business continuity, and reputational security. It is widely used in finance, manufacturing, healthcare, and government sectors to reduce financial, operational, and compliance risks. The upstream of the industry chain includes software development platforms, data analytics tools, and cloud infrastructure; the midstream covers software development, system integration, testing, and security compliance; and the downstream applications cover various enterprises, risk management consulting, and auditing services, along with implementation, training, software updates, monitoring, and customer support services. Gross profit margins typically range from 60% to 75%.
The vendor risk management software market is driven by increasing regulatory requirements, globalized supply chains, and heightened awareness of operational and reputational risks. Organizations are adopting software solutions to proactively monitor supplier performance, ensure compliance, and mitigate potential disruptions. Cloud-based and AI-enabled systems enhance risk analytics, continuous monitoring, and predictive insights. Demand is particularly strong in finance, healthcare, and manufacturing, where third-party risks can have significant financial and legal consequences. Emerging markets and small to medium enterprises are also increasingly investing in risk management software to strengthen supply chain resilience. Overall, the market is expected to grow rapidly, fueled by regulatory pressure, risk awareness, and the shift toward digitalized supply chain management.
This report is a detailed and comprehensive analysis for global Vendor Risk Management Software market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Vendor Risk Management Software market size and forecasts, in consumption value ($ Million), 2021-2032
Global Vendor Risk Management Software market size and forecasts by region and country, in consumption value ($ Million), 2021-2032
Global Vendor Risk Management Software market size and forecasts, by Type and by Application, in consumption value ($ Million), 2021-2032
Global Vendor Risk Management Software market shares of main players, in revenue ($ Million), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Vendor Risk Management Software
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Vendor Risk Management Software market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include MetricStream, Bitsight, SecurityScorecard, SAI Global, LogicGate, DueDil, Intelex Technologies, IBM, LockPath, Genpact, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Vendor Risk Management Software market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Financial Risk Management Software
Compliance & Regulatory Risk Software
Operational Risk Management Software
Market segment by Deployment Type
Cloud-Based Vendor Risk Software
On-Premise Vendor Risk Software
Market segment by Integration Level
Standalone Vendor Risk Software
ERP-Integrated Vendor Risk Platform
GRC-Integrated Vendor Risk Platform
Market segment by Application
Large Enterprises
SMEs
Market segment by players, this report covers
MetricStream
Bitsight
SecurityScorecard
SAI Global
LogicGate
DueDil
Intelex Technologies
IBM
LockPath
Genpact
Resolver
Quantivate
Riskonnect
ProcessUnity
VendorRisk
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Vendor Risk Management Software product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Vendor Risk Management Software, with revenue, gross margin, and global market share of Vendor Risk Management Software from 2021 to 2026.
Chapter 3, the Vendor Risk Management Software competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2021 to 2032.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2021 to 2026.and Vendor Risk Management Software market forecast, by regions, by Type and by Application, with consumption value, from 2027 to 2032.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Vendor Risk Management Software.
Chapter 13, to describe Vendor Risk Management Software research findings and conclusion.
Summary:
Get latest Market Research Reports on Vendor Risk Management Software. Industry analysis & Market Report on Vendor Risk Management Software is a syndicated market report, published as Global Vendor Risk Management Software Market 2026 by Company, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Vendor Risk Management Software market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.