In a study on the usage of third-party marketing data in the United States it was found that in 2020, industry professionals in the country spent 2.5 billion U.S. dollars on transactional audience data. Demographic data cost marketers around 4.4. billion dollars that year.

According to Cognitive Market Research, The global third-party risk management market size is USD 5.5 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 17.20% from 2023 to 2030.

The demand for third party risk managements is rising due to Resource optimization to protect the interests of millions of digital financial service consumers.
Demand for cloud remains higher in the third party risk management market.
The BFSI category held the highest third party risk management market revenue share in 2023.
North American third party risk management will continue to lead, whereas the European third party risk management market will experience the most substantial growth until 2030.

Rising Instances of Cyber-attacks and Frauds in Digital Financial Services to Provide Viable Market Output

With greater internet penetration, the deployment of smart technology has enhanced the appeal of digital financial services such as mobile banking and digital payments. Because of the growth of digital services, businesses must adapt and incorporate sophisticated technologies into their offerings. However, as the use of digital payment systems in the BFSI sector has grown, so have the risks of cyber-attacks and fraud. BFSI stakeholders are investing heavily to protect their clients from such disasters. The market for third-party risk management will develop as resources are optimized to protect the interests of millions of users of digital financial services.

Growing digitization of Businesses to Propel Market Growth

Industry automation and digitization have exacerbated data privacy and security breaches. With growing digitization, various stakeholders become involved, heightening safety issues. This spike in third-party involvement is propelling the third-party risk management market, raising associated hazards. As industries increasingly rely on external partners and vendors, the need for robust risk management solutions to protect against potential vulnerabilities and ensure the integrity of sensitive data becomes critical in the midst of an evolving landscape of technological advancements and increased interconnectivity.

Market Dynamics of Third Party Risk Management

High Capital Expenditure to Restrict Market Growth

Third-party risk management necessitates specialized resources and staff skilled in risk identification and mitigation. Providing dedicated services for comprehensive risk management responsibilities on behalf of large corporations necessitates significant capital outlays. The cost of acquiring and sustaining these resources is considerable, which could be a hindrance to market expansion. The costs of developing and maintaining effective third-party risk management solutions may discourage some entities, particularly small enterprises, from fully embracing these services. Striking a compromise between the requirement for strong risk management and the related expenditures is critical for promoting wider adoption and sustaining the third-party risk management market's growth.

Impact of COVID–19 on the Third Party Risk Management Market

The COVID-19 pandemic has had a substantial impact on the growth of the third-party risk management business. As a result, COVID-19 had a positive impact on the market. According to a third-party threat control analysis, COVID-19 has harmed multiple global markets by disrupting supply chains as a result of market restrictions and logistics prohibitions implemented by countries all over the world. However, a few markets benefited from the pandemic's consequences. The COVID-19 epidemic has resulted in a 600% surge in cybercrime, which includes anything from theft to data hacking and destruction. Every industry has had to adopt new technologies, requiring organizations to act quickly in order to adapt. Introduction of Third Party Risk Management

Third-party risk management is risk management that focuses on identifying and mitigating risks linked with the use of third parties. The discipline is meant to assist organizations in understanding the third parties with whom they collaborate, how they collaborate, and the security mechanisms in place. Businesses are increasingly relying on third parties to boost profitability, reduce time to market, obtain a competitive advantage, and decrease costs. Third-party threat control is typically necessary once every day and continues throughout the day. Th...

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Third-Party Risk Management Market Size 2024-2028

The third-party risk management market size is forecast to increase by USD 7.42 billion at a CAGR of 16.76% between 2023 and 2028.

The global third-party risk management market is growing steadily, driven by the increasing complexity of business ecosystems and advancements in risk management technology. Key factors include the rising need for regulatory compliance, as businesses face stricter mandates like GDPR and the Bank Secrecy Act, and the integration of artificial intelligence and machine learning, which enable automated risk assessments and real-time monitoring for industries such as BFSI, healthcare, and IT.
This report provides a comprehensive analysis of the global third-party risk management market, covering market size, growth forecasts, and key segments like solutions and services. It offers practical insights for business strategy, vendor management, and compliance planning. A notable trend is the growing adoption of cloud-based platforms, which provide scalability and real-time updates for efficient risk management. One significant challenge addressed is the high cost of implementation, which can strain budgets, particularly for smaller organizations. The report also examines regional dynamics, highlighting opportunities in North America, Europe, APAC, and other key markets.
For businesses aiming to stay competitive in a global landscape, this report delivers essential data and strategies to navigate regulatory pressures and address cost barriers, ensuring they effectively manage third-party risks in an interconnected world

What will be the Size of the Third-Party Risk Management Market During the Forecast Period?

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Costs associated with third-party risk management continue to rise, driven by the probabilities of potential risks and the need for workforce training programs. Deployment modes vary, with cloud-based solutions becoming increasingly popular due to their flexibility and ease of integration. Overall, the market is expected to continue growing as organizations prioritize security management and data management in the face of evolving risks.

How is this Third-Party Risk Management Industry segmented?

The third-party risk management industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Component

  Solution
  Service


Deployment

  Cloud
  On-premises


Organization Size

  SMEs
  Large Enterprises


Vertical

  BFSI
  IT and Telecom
  Healthcare and Life Sciences
  Government, Defense, and Aerospace
  Retail and Consumer Goods
  Manufacturing
  Energy and Utilities
  Others


Geography

  North America

    US
    Canada
    Mexico


  Europe

    Germany
    UK
    France
    Italy


  APAC

    China
    India
    Japan


  South America



  Middle East and Africa

By Component Insights

The solution segment is estimated to witness significant growth during the forecast period. Third-party risk management solutions offer organizations software, including Software-as-a-Service, to manage and mitigate risks associated with companies, suppliers, and contractors. These solutions automate processes for data gathering, onboarding, real-time monitoring, risk assessments, and compliance control. An integrated approach fosters trust and growth in third-party relationships while safeguarding shared data. In today's business landscape, securing data from cyber-attacks, data theft, and other third-party risks is crucial. New generation technologies like artificial intelligence (AI) and machine learning (ML) enhance risk management capabilities.

Additionally, professional services and managed services provide organizations with competitive advantages, enabling productivity, capital investments, workforce training programs, and component deployment flexibility. Organizations of all sizes and verticals, including IT and Telecom, Energy and Utilities, and Compliance mandates, benefit from these solutions.

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The solution segment was valued at USD 2.15 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 45% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The European the market is projected to expand due to regulatory compliance demands, particularly the European Markets Infrastructure Regulation (EMIR) implemented in 2014. EMIR regulates European derivative markets, central

European Healthcare Expenditure by Cost Sharing with Third-Party Payers Share by Country (Million Euros), 2023 Discover more data with ReportLinker!

Amazon not only boasts a hugely successful online retail platform but also a thriving digital marketplace which is seamlessly integrated with the main retail shopping experience. That being said, in the fourth quarter 2024, 62 percent of paid units were sold by third-party sellers. 1P and 3P Amazon sellers There are many ways of selling on Amazon. Firstly there are first-party (1P) vendor sales, where vendors send their inventory to Amazon, who in turn control the pricing and include “ships from and sold by Amazon.com” on product listings. The benefits of 1P sales on Amazon are wholesale purchases from Amazon, priority selling and brand trust through Amazon’s credibility as a seller. Amazon also permits third-party (3P) sales on its marketplace. Both individuals and professional sellers can sell on Amazon Marketplace. When it comes to order fulfillment, possible options are Fulfillment by Amazon (FBA) and Fulfillment by Merchant (FBM). Items are displayed as “sold by MERCHANT and Fulfilled by Amazon / Fulfilled by MERCHANT”. 3P sales are a popular strategy for sellers to make up for certain 1P sales disadvantages, namely improved margins through better pricing control, more favorable payment terms and less reliance on the relationship with Amazon. Amazon seller revenues This magic formula has ultimately cashed in for Amazon, which has seen its net revenues multiply in recent years. In 2023, the e-commerce giant generated approximately 140 billion dollars in third-party seller services, an increase of about 23 billion dollars from the previous year. While these figures are the product of orders throughout the year, a significant chunk is attributable to special offer and discount days. According to a survey, Black Friday is the shopping event driving the largest sales increase for Amazon sellers, followed by two of the company's own events, Prime Day and Amazon Summer Sale. In the context of the coronavirus pandemic, Amazon Prime Day played a particularly decisive role for small and medium-sized businesses around the world, many of which had to turn to online sales overnight in order to survive.

Third-Party Logistics Software Market size was valued at USD 1272.34 Billion in 2024 and is projected to reach USD 2254.93 Billion by 2031, growing at a CAGR of 8.18% from 2024 to 2031.

Global Third-Party Logistics Software Market Drivers

Growth of the Electronic Commerce Sector: The logistics industry has undergone a fundamental transformation due to the exponential expansion of e-commerce. Due to the increase in online shopping, there is a greater need than ever for scalable and effective logistics solutions to handle the large number of orders and guarantee on-time delivery. 3PL software gives e-commerce companies the tools they need to exceed customer expectations by streamlining transportation, managing inventory, and optimising warehouse operations.

Growing Supply Chain Complexity: With numerous participants, dispersed geographical locations, and a variety of delivery methods, modern supply chains are become more and more complicated. 3PL software offers integrated solutions that optimise supply chain processes, assisting in the management of this complexity. For complicated supply chains to be handled effectively, features including multi-modal transportation management, worldwide trade compliance, and smooth communication between many logistics partners are essential.

The Need for Cost-Reduction and Operational Efficiency: Companies are always looking for methods to cut expenses and increase operational effectiveness. By streamlining route planning, improving inventory control, and automating several logistical procedures, 3PL software aids in the accomplishment of these objectives. 3PL software makes use of cutting-edge algorithms and real-time data to minimise delays, lower transportation costs, and boost overall productivity. In a market where costs are critical, these advantages are especially alluring to businesses trying to preserve their competitive edge.

Developments in Technology: The market for 3PL software is mostly driven by technological advancements. The Internet of Things (IoT), blockchain, machine learning, artificial intelligence (AI), and other cutting-edge technologies have completely changed logistical operations. Blockchain guarantees transaction confidentiality and transparency, IoT improves asset tracking and monitoring, while AI and ML provide predictive analytics and intelligent decision-making. Thanks to these developments, 3PL software is now more reliable, effective, and able to adapt to the changing demands of contemporary supply chains.

Global third-party optical transceivers market size was worth around USD 3100 million in 2022 and is predicted to grow USD 5300 million by 2030 with a CAGR of 11%

The Insurance Third Party Administrators (TPA) market is experiencing robust growth, projected to reach $488.90 million in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 5.90% from 2025 to 2033. This expansion is driven by several key factors. Increasing healthcare costs and the complexity of insurance claims are compelling both insurers and employers to outsource administrative tasks to specialized TPAs, leading to increased efficiency and cost savings. The rising adoption of technology, particularly advanced analytics and automation in claims processing, is streamlining operations and improving accuracy, further fueling market growth. Furthermore, a shift towards value-based care models in healthcare necessitates sophisticated claims management, creating a demand for TPAs with expertise in this area. The market is segmented by insurance type, with healthcare insurance and retirement plans currently holding significant market share, followed by commercial general liability and motor insurance. The competitive landscape comprises both large multinational corporations and smaller, specialized firms, offering diverse service offerings tailored to specific client needs. North America, particularly the United States, holds a substantial share of the global market due to its advanced healthcare system and high insurance penetration, while other regions are also expected to witness considerable growth, albeit at varying rates, driven by factors like increasing insurance awareness and regulatory changes. The continued growth of the TPA market will depend on several factors. Maintaining a competitive edge will require TPAs to invest in advanced technologies, improve data analytics capabilities, and expand their service portfolios to cater to evolving client demands. Stringent regulatory compliance across different geographies will also be crucial. The market may also see consolidation as larger players acquire smaller firms to enhance their scale and service offerings. Opportunities for growth exist in expanding into emerging markets with burgeoning insurance sectors, as well as developing specialized solutions for niche insurance segments. The TPA market's future hinges on its ability to adapt to technological advancements and the evolving needs of the insurance industry, ensuring effective claims management and cost containment for their clients. Insurance Third Party Administrators Market: A Comprehensive Analysis (2019-2033) This in-depth report provides a comprehensive analysis of the global Insurance Third Party Administrators (TPA) market, covering the period 2019-2033. It delves into market size, growth drivers, challenges, trends, and competitive landscape, offering valuable insights for stakeholders across the insurance industry. The report uses 2025 as its base year and provides estimates for 2025, and forecasts until 2033. This detailed analysis utilizes data from the historical period (2019-2024) to provide a robust understanding of this dynamic market, valued at hundreds of millions of dollars. Recent developments include: March 2023: To grow, Medi Assist, a third-party administrator for health insurance, acquired Raksha Insurance. Medi Assist, based in Bengaluru, will be able to increase significantly its retail capabilities and fortify its position in the nation's interior thanks to the agreement.December 2022: Sedgwick set up a new business unit focused on resource solutions for its insurance clients in the United Kingdom. Sedgwick's experience and technical expertise help clients with temporary and permanent placements across claims handling divisions.. Key drivers for this market are: Increasing Demand for Cost Effective Healthcare Solutions, Rise in Digitalization and Automation is Driving the Market. Potential restraints include: Increasing Demand for Cost Effective Healthcare Solutions, Rise in Digitalization and Automation is Driving the Market. Notable trends are: Increasing Healthcare Insurance TPAs is Fuelling the Market.

Capture all Amazon product listing details with confidence that you are getting complete and current data. Rainforest API offers comprehensive coverage of each of the product listings or search results in a cleanly structured output.

Rainforest API's advanced parsing means the results returned are exactly what a human user would see. You can request data from any Amazon domain and originate your request from any country in the world. The high-capacity, global infrastructure of the Rainforest API assures you the highest level of performance and reliability. For easy integration with your apps, data is delivered in JSON or CSV format. A convenient CSV Builder allows customization of data columns.

Data is retrieved in real time, by search term, or for single products, by global identifiers such as GTIN, ISBN, UPC and EAN rather than Amazon ASIN. The API automatically performs the ASIN conversion for each request. You can also submit a product page URL (product results), or a category ID (category search results) instead.

So what's in the data from Rainforest API?

Product: - Brand & manufacturer - Manufacturer & Amazon product descriptions - Specifications - Buy Box Winner: price, etc. - 1st party, 2nd party & 3rd party seller data - Additional product details (i.e. energy efficiency, add-ons) - A-Plus content - Imagery - Product videos - Category details (category, bestseller category) - Deals (types, states) - Bundles - Seller offers (including delivery options) - Frequently bought together / Also bought - Also viewed / Similar item to consider - Rating & reviews (incl. full review, top positive, top negative, manufacturer replies) - Stock estimation - Sales estimation (for select Amazon domains)

Search Results: - Product details per search result - Position - Related searches - Related brands

...and more, depending on your request parameters or the search result.

How can Traject Data: Amazon Product Results Data be used? - Product listing management - Price monitoring - Brand protection - Category & product trends monitoring - Market research & competitor intelligence - Location-specific & cross-border Amazon shipping data - Rank tracking on Amazon

Who uses Traject Data: Amazon Product Results Data? This data is leveraged by software developers, marketers, founders, sales & business development teams, researchers, and data analysts & engineers in ecommerce, other retail/wholesale business, agencies and SaaS platforms.

Anyone in your organization who works with your digital presence can develop business intelligence and strategy using this advanced product data.

The third-party banking software market is projected to reach a value of 9408.2 million by 2033, exhibiting a CAGR of 8.4% from 2025 to 2033. This growth is driven by the increasing adoption of digital banking services, the need for improved risk management and compliance, and the growing focus on customer experience. The market is segmented by application (risk management, information security, business intelligence, training and consulting solutions), type (core banking software, multi-channel banking software, BI software, private wealth management software), company (Microsoft Corporation, IBM Corporation, Oracle Corporation, SAP, Tata Consultancy Services Limited, Infosys Limited, Capgemini, Accenture, NetSuite, Deltek), and region (North America, South America, Europe, Middle East & Africa, Asia Pacific). Some of the key factors that are expected to restrain the growth of the market include the high cost of implementation and maintenance, the risk of data breaches and security vulnerabilities, and the lack of skilled IT professionals. However, the growing adoption of cloud-based banking software, the increasing use of artificial intelligence and machine learning, and the growing awareness of the benefits of third-party banking software are expected to create opportunities for growth in the future.

Consumer Edge is a leader in alternative consumer data for public and private investors and corporate clients. CE Vision USA includes consumer transaction data on 100M+ credit and debit cards, including 35M+ with activity in the past 12 months and 14M+ active monthly users. Capturing online, offline, and 3rd-party consumer spending on public and private companies, data covers 12K+ merchants, 800+ parent companies, 80+ same store sales metrics, and deep demographic and geographic breakouts. Review data by ticker in our Investor Relations module. Brick & mortar and ecommerce direct-to-consumer sales are recorded on transaction date and purchase data is available for most companies as early as 6 days post-swipe.

Consumer Edge’s consumer transaction datasets offer insights into industries across consumer and discretionary spend such as: • Apparel, Accessories, & Footwear • Automotive • Beauty • Commercial – Hardlines • Convenience / Drug / Diet • Department Stores • Discount / Club • Education • Electronics / Software • Financial Services • Full-Service Restaurants • Grocery • Ground Transportation • Health Products & Services • Home & Garden • Insurance • Leisure & Recreation • Limited-Service Restaurants • Luxury • Miscellaneous Services • Online Retail – Broadlines • Other Specialty Retail • Pet Products & Services • Sporting Goods, Hobby, Toy & Game • Telecom & Media • Travel

Private equity and venture capital firms can leverage insights from CE’s synthetic data to assess investment opportunities, while consumer insights teams and retailers can gain visibility into transaction data’s potential for competitive analysis, shopper behavior, and market intelligence.

CE Vision Benefits • Discover new competitors • Compare sales, average ticket & transactions across competition • Evaluate demographic and geographic drivers of growth • Assess customer loyalty • Explore granularity by geos • Benchmark market share vs. competition • Analyze business performance with advanced cross-cut queries

Corporate researchers and consumer insights teams use CE Vision for:

Corporate Strategy Use Cases • Ecommerce vs. brick & mortar trends • Real estate opportunities • Economic spending shifts

Marketing & Consumer Insights • Total addressable market view • Competitive threats & opportunities • Cross-shopping trends for new partnerships • Demo and geo growth drivers • Customer loyalty & retention

Investor Relations • Shareholder perspective on brand vs. competition • Real-time market intelligence • M&A opportunities

Most popular use cases for private equity and venture capital firms include: • Deal Sourcing • Live Diligences • Portfolio Monitoring

Use Case: Apparel Retailer, Enterprise-Wide Solution

Problem A $49B global apparel retailer was looking for a comprehensive enterprise-wide consumer data platform to manage and track consumer behavior across a variety of KPI's for use in weekly and monthly management reporting.

Solution The retailer leveraged Consumer Edge's Vision Pro platform to monitor and report weekly on: • market share, competitive analysis and new entrants • trends by geography and demographics • online and offline spending • cross-shopping trends

Impact Marketing and Consumer Insights were able to: • develop weekly reporting KPI's on market share for company-wide reporting • establish new partnerships based on cross shopping trends online and offline • reduce investment in slow channels in both online and offline channels • determine demo and geo drivers of growth for refined targeting • analyze customer retention and plan campaigns accordingly