| Product Code: ETC4414650 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Philippines Vendor Risk Management market is on the rise, driven by the need to mitigate risks associated with third-party vendors. Organizations in the Philippines are increasingly reliant on external suppliers and partners, necessitating a robust sy
In the context of supply chain vulnerabilities and increasing regulatory scrutiny, Vendor Risk Management is gaining prominence in the Philippines. This market focuses on assessing and mitigating risks associated with third-party vendors, ensuring the rel
Vendor risk management in the Philippines faces several challenges. One of the primary concerns is the increasing reliance on third-party vendors for critical services, which heightens the risk landscape. Vendors may not always adhere to the same data sec
Vendor risk management gained prominence as companies recognized the vulnerabilities in their supply chains. The pandemic exposed the risks associated with dependencies on specific vendors, leading to a need for more robust risk management practices and s
In the Philippines` Vendor Risk Management market, notable players include VendorGuard, RiskInsight, and VendorShield. VendorGuard offers comprehensive solutions for assessing and mitigating vendor risks, ensuring business continuity and regulatory compli
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Vendor Risk Management Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Vendor Risk Management Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Vendor Risk Management Market - Industry Life Cycle |
3.4 Philippines Vendor Risk Management Market - Porter's Five Forces |
3.5 Philippines Vendor Risk Management Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Philippines Vendor Risk Management Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.7 Philippines Vendor Risk Management Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
3.8 Philippines Vendor Risk Management Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 Philippines Vendor Risk Management Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital technologies in the Philippines leading to a rise in cyber threats and the need for vendor risk management solutions. |
4.2.2 Stringent regulatory requirements in the country driving organizations to implement robust vendor risk management practices to ensure compliance. |
4.2.3 Growing awareness among businesses in the Philippines about the importance of managing vendor risks to protect their data and reputation. |
4.3 Market Restraints |
4.3.1 Lack of skilled professionals in the field of vendor risk management leading to challenges in implementing effective risk management strategies. |
4.3.2 Budget constraints for small and medium-sized enterprises in the Philippines hindering their ability to invest in comprehensive vendor risk management solutions. |
4.3.3 Resistance to change within organizations and traditional approaches to vendor relationships impeding the adoption of modern vendor risk management practices. |
5 Philippines Vendor Risk Management Market Trends |
6 Philippines Vendor Risk Management Market, By Types |
6.1 Philippines Vendor Risk Management Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Philippines Vendor Risk Management Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 Philippines Vendor Risk Management Market Revenues & Volume, By Solution, 2021-2031F |
6.1.4 Philippines Vendor Risk Management Market Revenues & Volume, By Service, 2021-2031F |
6.2 Philippines Vendor Risk Management Market, By Deployment Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Vendor Risk Management Market Revenues & Volume, By On-premises, 2021-2031F |
6.2.3 Philippines Vendor Risk Management Market Revenues & Volume, By Cloud, 2021-2031F |
6.3 Philippines Vendor Risk Management Market, By Industry Vertical |
6.3.1 Overview and Analysis |
6.3.2 Philippines Vendor Risk Management Market Revenues & Volume, By BFSI, 2021-2031F |
6.3.3 Philippines Vendor Risk Management Market Revenues & Volume, By Telecom and IT, 2021-2031F |
6.3.4 Philippines Vendor Risk Management Market Revenues & Volume, By Consumer Goods and Retail, 2021-2031F |
6.3.5 Philippines Vendor Risk Management Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F |
6.3.6 Philippines Vendor Risk Management Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.3.7 Philippines Vendor Risk Management Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.3.8 Philippines Vendor Risk Management Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Philippines Vendor Risk Management Market Revenues & Volume, By Others, 2021-2031F |
6.4 Philippines Vendor Risk Management Market, By Organization Size |
6.4.1 Overview and Analysis |
6.4.2 Philippines Vendor Risk Management Market Revenues & Volume, By SMEs, 2021-2031F |
6.4.3 Philippines Vendor Risk Management Market Revenues & Volume, By Large Enterprises, 2021-2031F |
7 Philippines Vendor Risk Management Market Import-Export Trade Statistics |
7.1 Philippines Vendor Risk Management Market Export to Major Countries |
7.2 Philippines Vendor Risk Management Market Imports from Major Countries |
8 Philippines Vendor Risk Management Market Key Performance Indicators |
8.1 Percentage increase in the number of cybersecurity incidents reported in the Philippines. |
8.2 Percentage of organizations in the Philippines that have implemented vendor risk management frameworks in the past year. |
8.3 Average time taken to identify and respond to vendor-related security incidents in the Philippines. |
8.4 Number of vendor risk assessments conducted by organizations in the Philippines annually. |
8.5 Percentage of vendors in the Philippines that meet the security and compliance requirements set by their clients. |
9 Philippines Vendor Risk Management Market - Opportunity Assessment |
9.1 Philippines Vendor Risk Management Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Philippines Vendor Risk Management Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.3 Philippines Vendor Risk Management Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
9.4 Philippines Vendor Risk Management Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 Philippines Vendor Risk Management Market - Competitive Landscape |
10.1 Philippines Vendor Risk Management Market Revenue Share, By Companies, 2024 |
10.2 Philippines Vendor Risk Management Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |