According to a new report from Intel Market Research, the global Vendor Risk Management market was valued at USD 6.1 billion in 2025 and is projected to reach USD 13.8 billion by 2034, growing at a robust CAGR of 9.2 % during the forecast period (2025–2034). The growth is propelled by tighter regulatory requirements such as GDPR and ESG reporting mandates, heightened awareness of supply chain vulnerabilities after recent geopolitical events, and accelerated digital transformation driving adoption of cloud based risk analytics platforms. Vendor risk management encompasses systematic processes for identifying, assessing.