Houston, TX -- (SBWIRE) -- 03/19/2019 -- The major restraining factor for the growth of the market is many organizations' dependence on non-formal and manual process to assess vendor risks. Governments have been continuously upgrading regulations to protect critical data. The fast-changing compliance have encouraged enterprises to adopt compliance management solutions to assess their vendors and mitigate the risks of breaching regulations.

Organizations are witnessing high competition due to the advancement of technology which enhances profitability by increasing their customer base. Additionally, to provide quality of service as well as maximize their profit margin, business entities are lowering their operational costs by partnering with third-party vendors who mostly manage critical business operations. Increase in third-party vendors increases the risk of disruptions in business operations as well as enhance potential threats of cyber-attacks. In the light of this factor, vendor management becomes critically important.

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Top Key Vendors:
BitSight Technologies, RSA, Genpact, LockPath, MetricStream, BWise, Resolver, SAI Global, Rsam, IBM, Optiv, Quantivate, RapidRatings, ProcessUnity, LogicManager, and VendorInsight

The Vendor Risk Management market is sub-segmented as solutions and services. On the basis of services, the market is sub-segmented into professional services and managed services. The professional services are further segregated into consulting services, implementation services, and maintenance & support services. The solutions are segregated as policy & procedure management, monitoring & performance management, assessment management, compliance management, contract management, quality management, and others.

The report also provides a segmented examination of fabrication rates, which is additionally segregated under volume and value, along with the sale pricing. The report's conclusion centrals around the complete scope of the global Vendor Risk Management market with respect to the availability of funds from investors and a descriptive passage outlines the feasibility of new projects that might succeed in the global Vendor Risk Management market in the upcoming years.

Market segment by Type, the product can be split into
- Vendor Information Management
- Contract Management
- Financial Control
- Compliance Management
- Audit Management
- Quality Assurance Management
- Services
- Professional Services
- Support and Maintenance

Market segment by Application, the market can be split into
- SMEs
- Large Enterprises

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Table Of Content:
Chapter 1 Industry Overview of Vendor Risk Management Market
Chapter 2 Manufacturing Cost Structure Analysis of Vendor Risk Management Market
Chapter 3 Technical Data and Manufacturing Plants Analysis of Vendor Risk Management Market
Chapter 4 Global Vendor Risk Management Overall Market Overview
Chapter 5 Vendor Risk Management Regional Market Analysis
Chapter 6 Major Manufacturers Analysis of Vendor Risk Management
Chapter 7 Development Trend of Analysis of Vendor Risk Management Market
Chapter 8 Vendor Risk Management Marketing Type Analysis
Chapter 9 Conclusion of the Global Vendor Risk Management Market Professional Survey Report 2018

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