QKS Group projects global SRRM market to reach $1.45 billion by 2030

From GlobeNewswire: 2025-04-02 11:00:00

QKS Group has released an analysis of the global Supplier Relationship & Risk Management (SRRM) Market, projecting a valuation of $1.45 billion by 2030, with a CAGR of 12.22% from 2024 to 2030. SRRM platforms have become crucial for businesses seeking supply chain resilience and competitive advantage, with AI-powered systems driving real-time risk management. Leading vendors are integrating AI, predictive analytics, and visibility tools to enhance supplier engagement and risk mitigation.

The report by QKS Group provides insights on global and regional SRRM adoption trends, competitive landscapes, and future growth projections, highlighting the importance of SRRM solutions in various sectors like manufacturing, retail, healthcare, and automotive. AI, automation, and advanced analytics are reshaping SRRM solutions to offer real-time supplier intelligence and agile risk management. Key industry players in the SRRM market include Avetta, Corcentric, Coupa, GEP, and Oracle, among others.

For CEOs, CFOs, and CSOs of SRRM solution providers, understanding market trends is crucial for refining strategies and staying ahead of competition, especially as organizations increase investments in AI-driven supplier management tools. Vendors need to ensure their platforms offer robust security, scalability, and real-time insights for meaningful business outcomes. To access exclusive market insights, growth forecasts, and competitive analysis, businesses can connect with QKS Group for single reports or subscription offerings.

QKS Group, previously known as Quadrant Knowledge Solutions, is a global advisory and research firm focused on empowering technology innovators and adopters to achieve their growth and transformation objectives. Businesses can learn more about Competitive Intelligence Service from QKS Group through their website or by contacting Shraddha Roy, PR & Media Relations at [email protected]. Connect with QKS Group on LinkedIn for further updates and insights on the SRRM market.



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