The global third-party risk management market size was valued at USD 7.92 billion in 2024 and is expected to reach USD 30.82 billion by 2032, at a CAGR of 18.50% during the forecast period
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The Third-Party Risk Management market is gaining importance as organizations increasingly depend on external vendors, cloud providers, and partners.This article explores the evolving landscape of third-party risk solutions, emerging technologies, and strategic opportunities shaping the future of enterprise risk governance.
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