Steady growth projected in global Vendor Risk Management Market through 2030 with AI adoption

From GlobeNewswire: 2025-04-11 10:00:00

QKS Group projects a 12.5% compound annual growth rate in the global Vendor Risk Management Market through 2030. VRM platforms are crucial for organizations to manage third-party risks and ensure compliance. AI-enabled solutions are increasingly being adopted to enhance transparency and streamline due diligence processes across industries like banking, healthcare, and manufacturing.

According to Vaishali Moitra, Senior Analyst at QKS Group, Vendor Risk Management platforms are now pivotal for enterprise resilience, third-party accountability, and real-time risk intelligence. Leading VRM providers are leveraging AI, automation, and risk analytics to transform how organizations assess, monitor, and respond to vendor-related risks in today’s interconnected world.

QKS Group’s latest report provides insights on worldwide and regional VRM platform adoption trends, competitive landscapes, and future growth projections. The analysis includes a comparative benchmarking of top VRM vendors, industry adoption trends, and the role of AI and advanced analytics in transforming VRM platforms to proactively manage third-party risks.

Key industry players like IBM, Archer, and Coupa Software are leading the Vendor Risk Management market. CEOs, CFOs, and CSOs of VRM solution providers must stay informed about emerging market demands and regulatory expectations to deliver scalable, AI-powered solutions that ensure continuous vendor oversight and real-time risk intelligence for enterprise resilience and compliance.



Read more at GlobeNewswire: Vendor Risk Management Market on a Steady Growth Path: