The third-party risk management market was estimated at USD 8.09 billion in 2025 and is projected to reach USD 9.34 billion in 2026 and USD 29.82 billion by 2034, growing at a CAGR of 15.59% from 2026 to 2034, according to Polaris Market Research. The third-party risk lifecycle includes vendor onboarding, risk assessment, due diligence, ongoing tracking, and risk mitigation. A well-defined...