Middle East & Africa Vendor Risk Management Market Size & Outlook
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MEA vendor risk management market highlights
- The MEA vendor risk management market generated a revenue of USD 434.5 million in 2024.
- The market is expected to grow at a CAGR of 15.8% from 2025 to 2030.
- In terms of segment, financial control was the largest revenue generating solution in 2024.
- Compliance Management is the most lucrative solution segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 434.5 million |
| Market revenue in 2030 | USD 1,029.2 million |
| Growth rate | 15.8% (CAGR from 2025 to 2030) |
| Largest segment | Financial control |
| Fastest growing segment | Compliance Management |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vendor Information Management, Contract Management, Financial Control, Compliance Management, Audit Management, Quality Assurance Management |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.1% of the global vendor risk management market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 1,714.1 million by 2030.
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Vendor Risk Management Market Scope
Vendor Risk Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SAI Global | View profile | 1001-5000 | Sydney, New South Wales, Australia, Oceania | http://www.saiglobal.com/ |
| ProcessUnity | View profile | 101-250 | Concord, Massachusetts, United States, North America | http://www.processunity.com |
| Prevalent | View profile | 101-250 | Phoenix, Arizona, United States, North America | http://prevalent.net |
| LogicGate | View profile | 101-250 | Chicago, Illinois, United States, North America | https://www.logicgate.com |
| Quantivate | View profile | 11-50 | Woodinville, Washington, United States, North America | http://www.quantivate.com |
| BitSight | View profile | 501-1000 | Boston, Massachusetts, United States, North America | https://www.bitsight.com |
| MetricStream | View profile | 501-1000 | Palo Alto, California, United States, North America | http://www.metricstream.com |
| NAVEX Global | View profile | 1001-5000 | Lake Oswego, Oregon, United States, North America | http://www.navexglobal.com |
| ServiceNow Inc | View profile | 22668 | 2225 Lawson Lane, Santa Clara, CA, United States, 95054 | https://www.servicenow.com |
| Genpact Ltd | View profile | 131000 | 22 Victoria Street, Canon's Court, Hamilton, Bermuda, HM 12 | https://www.genpact.com |
Middle East & Africa vendor risk management market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vendor risk management market will help companies and investors design strategic landscapes.
Financial control was the largest segment with a revenue share of 37.05% in 2024. Horizon Databook has segmented the Middle East & Africa vendor risk management market based on vendor information management, contract management, financial control, compliance management, audit management, quality assurance management covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Middle East & Africa vendor risk management market databook
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Our clientele includes a mix of vendor risk management market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa vendor risk management market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa vendor risk management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA vendor risk management market size, by country, 2018-2030 (US$M)
Middle East & Africa Vendor Risk Management Market Outlook Share, 2024 & 2030 (US$M)
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