Security Orchestration Automation and Response (SOAR) Market COVID-19 impact analysis, Market Share, Growth, Statistics, Competitor Landscape, Key Players Analysis, Trends and Forecasts

 Market Analysis 

The global security orchestration automation & response market will touch USD 2,027.2 million at a 14.6% CAGR during the forecast period 2020- 2027, states the latest Market Research Future (MRFR) analysis. Security orchestration automation and response (SOAR) allows organizations in collecting data from different sources and responding to safe operations from one single system sans human assistance to deal with the changing threat environment. SOAR allows various solutions in integrating with one another and automating tasks in production with the help of workflows for managing security threats and preventing further network attacks.

Various factors are fuelling the global security orchestration automation and response market growth. As per the recent MRFR market estimates, such factors include the growing digitization resulting in rising vulnerabilities in data security, the need to improve detection and response activities across verticals, growing demand from various verticals like IT and telecommunications and BFSI, rising number of false alerts, and the rising digitization. The additional factors propelling market growth include the necessity to manage cyber threats, the need for improving detection and response activities, and technological advances.

On the contrary, the impact of the COVID-19 impact, lack of awareness regarding SOAR and lack of security operation handlers may limit the security orchestration automation & response market growth over the forecast period.

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Market Bifurcation

The Market Research Future report throws light on an inclusive segmental analysis of the global security orchestration automation and response market based on vertical, organization size, application, and component. 

By component, the global security orchestration automation and response market is segmented into services and platform. The services segment is again segmented into managed services and professional services. Of these, the service segment will lead the market over the forecast period. 

By application, the global security orchestration automation and response market is segmented into compliance management, threat intelligence, network forensics, security operations center (SOC) optimization, and others. Of these, the threat intelligence segment will dominate the market over the forecast period.

By organization size, the global security orchestration automation and response market is segmented into large enterprise and small and medium sized enterprise (SME).

By vertical, the global security orchestration automation and response market is segmented into retail, healthcare, energy and utilities, government, IT and telecom, BFSI, and others.

Regional Analysis 

By region, the global security orchestration automation and response market covers the recent trends and growth opportunity across Europe, the Asia Pacific (APAC), North America, South America, and the Middle East and Africa (MEA). Of these, North America will rule the market over the forecast period. Companies making heavy investments in research and development activities, technological advances in security orchestration and automation, increasing adoption of digital transformation to support large volumes of critical data, the presence of well-established and sustainable economies, and the presence of key players are adding to the global security orchestration automation and response market growth in the region.

In Europe, the global security orchestration automation and response market is predicted to hold the second-largest share over the forecast period. Rising need among enterprises across verticals coupled with the managed security service providers to comply with the government imposed regulations are adding to the global security orchestration automation and response market growth in the region.

In the APAC region, the global security orchestration automation and response market is likely to have admirable growth in the forecast period for the rising adoption of SOAR for security incident and response, security orchestration and automation, and threat intelligence.

Key Players 

The key players profiled in the global security orchestration automation and response market report include Security (US), EclecticIQ (Netherlands), ATAR Labs (Europe), Siemplify (US), Exabeam (US), Tufin (Israel), Resolve Systems (US), Ayehu Software Technologies Ltd. (US), D3 Security (US), CyberSponse (US), Cyberbit (Israel), ThreatConnect (US), DFLabs (Italy), LogRhythm, Inc. (US), Splunk Inc. (US), Rapid7 (US), Palo Alto Networks (US), Swimlane, LLC (US), FireEye Inc. (US), IBM Corporation (US), and Cisco Systems, Inc. (US), among others. 

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

Continued…

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About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Smart Contracts Market COVID-19 outbreak, Overview, Competitive Analysis, Industry updates by Forecast 2027

 Global Smart Contracts Market, By Blockchain Platform (Bitcoin, Sidechains, NXT, Ethereum), By Technology (Ethereum, Rootstock (RSK), Namecoin, Ripple) By End – User (Banking, Government, Management, Supply Chain, Automobile, Real Estate, Insurance, and Healthcare).

Market Overview

The need to streamline processes by removing the middlemen is estimated to bolster the smart contract market 2020. The ICT industry reports are produced by Market Research Future, which highlights market options for expansion. A 32% CAGR is predicted to motivate the market income to 300 USD Million by the end of 2027.

The demand from government, organizations, and legal bodies is estimated to drive the development of the smart contract market trends. The augmented regulations in an agreement are estimated to increase the presence of the smart contract market. The digitized nature of smart contracts is estimated to guide the expansion of the smart contracts market in the impending period.

Segmental Analysis 

The segmental assessment of the smart contracts market is conducted on the basis of technology, end-users, blockchain platform, and region. Based on the blockchain platform, the smart contracts market is segmented into Sidechains, NXT, Bitcoin, and Ethereum. On the basis of technology, the smart contracts market is segmented into Rootstock (RSK), Ethereum, Ripple, Namecoin, and others.  Based on the end-user, the smart contracts market is segmented into banking, supply chain, real estate, government, management, insurance, automobile, and healthcare. Based on the region, the smart contracts market is segmented into Europe, Asia Pacific, North America, and the rest of the regions.

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Detailed Regional Analysis 

The regional evaluation of the smart contracts market includes regions such as North America, Europe, Asia Pacific, and the rest of the regions. The global smart contracts market is estimated to be led by the European region. However, the North American regional market is showing an essential augmentation in the forecast period. This development of the smart contract market is attributed to the majorly amplified adoption for digitization in nations such as China, the U.S, U.K, and Japan. The different dynamic and diversified global organizations, national organizations, and as well as new participants are forming an integral part of the competitive landscape in the smart contracts market.

Competitive Analysis

The state of the market is exceptionally indecisive due to the effect of the macro factors operating in the global economy. The road to the resurgence of the market is estimated to be extended and arduous.  Due to the degree of the setback, it has suffered the market show a delayed growth rate. The prospects for growth in the market have to be carefully sought out and examined to ensure that they will ensure the favorable development of the market in the coming period. The competitors present in the market are recalibrating their market share to open up new areas of development in the market. The stress on enhancing the production potential and upgradation of the workforce are the top priorities to reinvigorate the development potential of the market in the coming period. The establishment of robust distribution channels is estimated to define the development of the market in the future. The investment in robotic elements in the supply chain is estimated to be seen in the future to reduce the impact of the human capital on the long term market expansion. 

The notable contenders in the smart contracts market are Monetas (Switzerland), GoCoin Pte. Ltd (Singapore), Blockstream Corporation (U.S.), Coinbase, Inc (U.S.), Monax Industries Limited (U.K.), Bitfinex (Hong Kong), Coinify ApS (Denmark), Chain, Inc.(U.S.), BitPay, Inc (U.S.) and BlockCypher, Inc (U.S.).

Industry Updates:

Apr 2020 Tezos recently announced that they would use Chainlink oracles to help their smart contracts. The oracles used by Tezos will be used to develop its next-generation decentralized applications, as well as stablecoins. Tezos developers in two groups of Cryptonomic and Smart Chain Arena are estimated to show the way for integration and consequent implementation.

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

Continued…

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Social Media Security Market COVID-19 impact analysis, Industry News Forecast till 2027

 Overview

The social media security market is anticipated to grow by US$1.9 billion by 2027 rapidly growing at a CAGR of 17% during the forecast period. The drivers for the growth of the social media security market are the rising number of attacks across social media networks, growing social media site use on computers and the recognition of BYOD trends by businesses.. These factors have helped shape the social media security market and are expected to boost the growth. Companies in the social media security market could also face challenges such as lack of awareness among companies as well as weak data protection policies. The details covered in the social media security market report cover all the aspects of the industry. Analysts studying the social media security market have also shared growth projections in the report and have suggested social media security market players to plan business strategies accordingly.

Market Segmentation

The global social media security market has been segmented based on vertical, solution, security type, organization size, and deployment. On the basis of vertical, the market for social media security is segmented based on BFSI. Additionally, the market on the basis of solution, is segmented into advanced threat protection. The global market for social media security is also covered based on the security type segment which is further split into cloud security, data security. On the basis of deployment, the market for social media security is segmented based on on-cloud. Additionally, the market on the basis of organization size, is segmented into large enterprises.

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Factors like no acceptable protection procedures, no corporate social media policies and no staff training, support the social media security market growth. The performance of the social media security market has also been studied for the past and current years. Additionally, the social media security market report provides analysis of these segments. The social media security market segmental analysis provided in the report offers major details about the social media security market based on the data and forecasts till 2027.

Regional Overview

Companies in the social media security market are spread across the world. The social media security market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American social media security market has many companies across the United States, Canada, and Mexico. The social media security market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the social media security market can be found in the market research report. Europe has companies in the social media security market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the social media security market across India, China, and Japan in the Asia-Pacific region is also presented in the report.

Competitive Landscape

The social media security market is supported by big leaders from well-established companies across the United States, and Canada who spend heavily on research and development to protect information security for the enactment of enterprise data are growing.. The population growth around the world and increasing demand of social media security market based services and products also support the market growth. However, the social media security market growth can be affected due to lack of safety and data protection policies even during the increasing adoption of social media platforms. The report covers all such details which will help companies in the social media security market to strengthen their business plan and improve their product portfolio. The social media security market research report also provides company profiles of major companies. The company profiles of many organizations operating in the social media security market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the social media security market. New companies and established businesses can plan their strategies based on this data provided in the social media security market research report.

Industry News

Francisco Partners, the world's top science innovator that specializes in engaging with data and technology companies, today confirmed that it is closing the previously announced Raytheon Technologies purchase of the full contract. Forcepoint is a marketing supplier of information protection tools that secure the primary data and networks of thousands of users around the globe. The board of directors of the company has immediately named Manny Rivelo as chief executive officer (CEO), at the same time that the agreement was closed and opened.

On the contrary, risk associated with social engineering, failure to understand the organizations exact needs, and lack of common laws across countries and cross-boundary location of servers may limit the global social media security market growth over the forecast period. 

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

Continued…

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About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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System Monitoring Market COVID-19 impact analysis, Market Synopsis, Drivers and Trends and Forecast till 2027

 Market Synopsis

In its research study, Market Research Future (MRFR), emphasizes that over the forecast period, the global market 2020 is projected to rise exponentially, achieving a significant market valuation that surpasses USD 3.27 Billion recorded in 2018 and a healthy 10.6% CAGR over the review period. 

Drivers and Restraints

Growth in outsourced IT infrastructure management and the need for accountable and compliance-based use of the framework are major factors that drive market development. Another main factor driving the global device monitoring market is the need for better optimisation of business operations. In addition, a lack of knowledge about device monitoring is expected to present a challenge to this market's growth. The concerns about data protection and privacy, as well as concerns about the use and access of intellectual property, are factors that restrict market development.

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Segmental Analysis

The global system monitoring market has been analyzed based on component, organization size, deployment type, vertical, and region/country.

Based on the component, the global system monitoring market has been bifurcated into solution and services. The solution segment has been classified as network monitoring, application monitoring, server monitoring, cloud monitoring, and others. The services segment has further bee divided into professional services and managed services.

Based on the deployment type, the global system monitoring market has been bifurcated into cloud and on-premise.

Based on the organization size, the global system monitoring market has been bifurcated into small- and medium-sized enterprise (SME) and large enterprise.

Based on the vertical, the global system monitoring market has been divided into IT & telecom, banking, financial services and insurance, government, energy and utilities, manufacturing, healthcare, and others.

Regional Analysis

The global business regional analysis was conducted in four major regions including Asia Pacific, North America, Europe and the rest of the world.

North America has the largest market share as the corporations in this area have been world leader in technology advancement. Because of the rapid implementation of digital transformation, the US leads the market in North America; as a result, the country's need for accountable and compliance-based program use is rapid.

Owing to the strong demand for better optimisation of business operations between companies across verticals and managed service providers, Europe is projected to be the second-largest market during the review period.

During the forecast period Asia-Pacific is projected to be the fastest-growing region on the global device monitoring region. Growth in outsourced IT infrastructure management is key driver of Asia-Pacific market growth.

Competitive Analysis

The key market players operating in the global market as identified by MRFR are SolarWinds (US), ConnectWise Automate (US), Monitis.com (US), NinjaRMM (US), Continuum Managed Services (US), CA Technologies (US), Kaseya (Ireland), Oracle Corporation  (US), Ipswitch (US), Red Gate Software Ltd (UK), Paessler AG (Germany), New Relic, Inc. (US), Microsoft Corporation (US), Nagios Enterprises, LLC (US), and Site24x7 (US). The major strategies implemented by most of the players are agreements, partnerships, and collaborations.

The other players in the Global System Monitoring Market include Panopta LLC (US), ScienceLogic (US), Datadog (US), ThousandEyes (US), and Exoprise Systems Inc. (US).

The global market for monitoring systems is experiencing a high growth as demand from various verticals such as business, energy and utilities, and IT and telecommunications is increasing. Major players have opted for alliances and new product development as their main strategies for organic growth to improve their market position and meet end-user demands across verticals.

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

Continued…

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About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Telecom Managed Services Market COVID-19 impact, Share, Growth, Statistics, Competitor Landscape, Key Players Analysis, Trends and Forecasts

 Market Overview

Telecom managed services are firms which help telecommunication providers in maintaining the IT infrastructure. It can provide customer solutions by actively monitoring faults and incidents. High operational costs, complexity of IT infrastructure, and demand for operational efficiency in developing regions can induce a need for telecom managed services. Market Research Future (MRFR) has compiled a new report on the global telecom managed services market covering drivers, challenges, opportunities, niches, and trends for the period of 2020 to 2027 (forecast period). The COVID-19 pandemic and its effect on the industry have been included in the report.

Market Scope

The global telecom managed services are expected to grow up to USD 26 billion at CAGR 14% through the forecast period. Rising demand for cutting costs on management of enterprise infrastructure and need for operational security and efficiency can drive market demand. Evolution of IoT and 5G can create lucrative opportunities for the market. The undertaking of infrastructural operations and its maintenance at a cost-economical price and the focus of mobile network operators (MNOs) on core services can bode well for the market.

The proliferation of smartphones and other devices and use of social media can influence the market demand. SMEs are adopting managed services and implementation of mobility and security services, data center management, and network management. Compliance to changing laws and reduction of operational expenditure can drive the market demand over the forecast period. Emergence of BYOD and corporate owned devices, consumption of productivity apps, and prominence of cloud mobility management can favor the market.

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But cloud service providers and lack of data security can impede the market’s expansion.

Segmentation

On the basis of service type, the segment is further classified into managed mobility services, managed data center, managed network services, managed data & information services, managed communication services, and managed security services. 

On the basis of organization size, it is classified into SME and large enterprises.

Regional Analysis

The global telecom managed services are observed in North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW). 

North America is expected to hold major market share and is expected to continue through the forecast period. The presence of key players in the region, rising in the deployment of data centers are expected to drive the market. The need for improved operational efficiency and reliability in the business processes are driving the market in this region. Europe region is expected to show decent growth during the forecast period. 

However, Asia Pacific is expected to show high growth rate during the forecast period. The rapid increase of internet and mobile services and rise in deployment of data centers especially in China and India are driving the market in this region. The rapidly growing technology developments and government funding are fueling the market in this region. Establishment of IT enabled centers and delivery centers coupled with digitization of processes by various industry vertical can propel the regional market growth. The evolution of technology and cloud-based services for compliance to service and security can bolster its demand.

Competitive Landscape

GTT Communications, Inc., NTT Data, CenturyLink, AT&T, Huawei Technologies Co., Ltd., IBM, Verizon, Ericsson AB, Comarch S.A., Tech Mahindra, Cisco Systems, Inc., Amdocs, Unisys, and Sprint.com are key players of the global telecom managed services market.

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

Continued…

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Telecom Service Assurance Market COVID-19 impact, Overview, Competitive Landscape and Regional Forecast To 2027

 Global Telecom Service Assurance Market Research Report: By Component (Product and Services), Deployment (On-Premise and Cloud), Operator Type (Mobile Operator and Fixed Operator) and Region (North America, Europe, Asia-Pacific, South America and the Middle East and Africa) - Forecast till 2027

Overview

The telecom service assurance market is projected to grow at a CAGR of 9.3% during the forecast period. As per the telecom service assurance market research report, the global market for telecom service assurance is projected to grow swiftly by US$9.32 billion in 2027. According to analysts, the growing need among CSPs  as well as the introduction of value-added services will drive the market growth during the forecast period. The telecom service assurance market research report offers a comprehensive analysis of the global telecom service assurance market and its region, vertical, and component segments. The intense competition in the industry along with high churn rate are the elements that could influence the telecom service assurance market advancement throughout the forecast period. The telecom service assurance market research report by expert analysts is developed to assist organizations in the telecom service assurance market.

Market Segmentation

The global telecom service assurance market has been segmented based on region, operator type, and component. On the basis of operator type, the market for telecom service assurance is segmented based on mobile operator and fixed operator. Additionally, the market on the basis of component, is segmented into product and services. The global market for telecom service assurance is also covered based on deployment segment which is further split into cloud and on-premise.

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Major elements such as decreasing profit margins could obstruct the telecom service assurance market growth. However, according to the telecom service assurance market research report, strong presence of companies in their respective regions along with the growing necessity to offer quality services will propel growth throughout the forecast period. The telecom service assurance market is set to register growth at a high CAGR owing to these key factors. The exploration of region, vertical, and component segments along with regional markets has been given in the global telecom service assurance market research report. The research analysts studying the telecom service assurance market have put out market forecasts in the telecom service assurance market research report in order to support telecom service assurance market-based companies. The telecom service assurance market research report provides an extensive understanding of the telecom service assurance market based on the information and forecasts till 2025.

Regional Overview

North America, Europe, Asia Pacific and the rest of the world regional market for telecom service assurance are predominantly covered in the global telecom service assurance market research report. Country-level telecom service assurance markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level telecom service assurance markets are covered in the report. In Asia-Pacific (APAC) region, the country-level telecom service assurance markets covered are Japan, India, China, and others. The telecom service assurance market research report also explores the regional market for telecom service assurance present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The telecom service assurance market research report also covers regional markets from the rest of the world alongside telecom service assurance markets of Africa and the Middle East.

Competitive Landscape

The growing need to automate network operations is presumed to drive the telecom service assurance market growth worldwide. The global telecom service assurance market could be challenged by consumer pressure for innovation at low price, nevertheless, organizations in the telecom service assurance market will carry the growth rate forward. The telecom service assurance market research report presents company profiles of major companies active in the telecom service assurance market globally. Furthermore, the global telecom service assurance market report offers an all-inclusive analysis of the market collected from the telecom service assurance market’s primary and secondary sources covering both decision makers and thought leaders. The telecom service assurance market research report highlights such key areas assisting businesses operating in the telecom service assurance market to build better growth strategies.

Industry News

 

Mycom OSI, Assurance Cloud Company TM and leading independent assurance, automation und analysis solution provider of world's major providers of communications services (CSPs), announced today that its case study with stc has resulted in a single native cloud platform that automates a great deal of network and service activity, combining its performance management capabilities

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

Continued…

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Third-party Risk Management Market COVID – 19 Outbreak, Global Trends, Size, Shares, Strategy, Applications Analysis and Growth by Forecast to 2027

 Market Analysis 

The global third-party risk management market size will touch USD 8.18 billion at a 16.87% CAGR between the forecast period 2020- 2027, according to the new Market Research Future (MRFR) analysis. Third-party risk management (TPRM), simply put, is the process to identify, assess, and control these as well as other risks that are presented throughout the lifecycle of one’s relationships with third-parties. 

Various factors are propelling the global third-party risk management market share. According to the recent MRFR market estimates, such factors include increasing focus to mitigate risks related to third parties by organizations, rising cyber-attacks and cyber risks, growing outsourcing of operations by organizations, technological advances, need for a seamless experience, personalised service trends, and increasing needs of organizations to augment operational efficiency across different verticals. Additional factors adding market growth include growing stringent compliance mandates to handle third-party risks, rising adoption of advanced electronic devices, and lack of in-house competencies in the organization across different verticals. 

On the contrary, lack of skilled expertise and the ongoing COVID-19 impact are factors that may limit the global third-party risk management industry growth over the forecast period. 

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Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global third-party risk management based on vertical, organization size, deployment, and component. 

By component, the global third-party risk management market is segmented into service and solution. The solution segment is again segmented into audit management, operational risk management, compliance management, contract management, and finance management. The service segment is again segmented into managed services and professional services. Of these, the finance management segment will lead the market over the forecast period. 

By deployment, the global third-party risk management market is segmented into on-cloud and on-premise. Of these, the on-cloud segment will dominate the market over the forecast period. 

By organization size, the global third-party risk management market is segmented to large enterprise and small and medium-sized enterprises. Of these, the large enterprise segment will spearhead the market over the forecast period. 

By vertical, the global third-party risk management market is segmented into manufacturing, retail, government, healthcare, IT and telecommunication, BFSI, and others. Of these, the BFSI segment will have the lion's share in the market over the forecast period. 

Regional Analysis 

By region, the third-party risk management market report covers the growth opportunity and recent trends across Europe, North America, the Asia Pacific (APAC), South America, and the Middle East and Africa (MEA). Of these, North America will spearhead the market over the forecast period. The presence of many eminent players in this region, coupled with the growing need for solutions to safeguard critical information from cyber-attacks are adding to the global third-party risk management market growth in the region. The United States has the utmost share in the market. Besides, significant research and development activities, partnerships, strategic investments, and the presence of leading vendors are also adding market growth. 

In Europe, the third-party risk management market is predicted to have the second-largest share over the forecast period. Increasing digitalization coupled with growing adoption of cloud-based solutions is adding to the global third-party risk management market growth over the forecast period. 

In the APAC region, the third-party management market is predicted to have healthy growth over the forecast period. Initiatives by the government to support the adoption of cloud platforms, the growing trend of industrialization & modernization, adoption in different verticals such as retail and consumer goods, IT and telecom, healthcare and life sciences, flexible economic conditions, and growing digitalization are adding to the global third-party management market growth in the region.

In South America, and the MEA is predicted to have sound growth over the forecast period. 

Key Players

Key players profiled in the global third-party risk management report include ProcessUnity, Inc (US), Riskpro (India), Venminder (US), Aravo Solutions, Inc. (US), OneTrust (US), Prevalent Inc. (US), Alyne GmbH (Germany), BitSight (US), KPMG (The Netherlands), Deloitte (US), Cisco Systems (US), Genpact (US), and RSA Security LLC (US).

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

Continued…

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